[Federal Register Volume 60, Number 99 (Tuesday, May 23, 1995)]
[Notices]
[Page 27373]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-12515]



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DEPARTMENT OF THE TREASURY
Internal Revenue Service
[Delegation Order No. 175 (Rev. 3)]


Delegation of Authority

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Delegation of authority.

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SUMMARY: The authority to determine that a plan amendment is reasonable 
and provides for only de minimis increases in the liabilities of the 
plan in accordance with section 412(f)(2)(A) of the Internal Revenue 
Code (Code) and section 304(b)(2)(A) of the Employee Retirement Income 
Security Act of 1974 (ERISA) has already been delegated to the 
Director, Employee Plans Division, with authority to redelegate. There 
is now delegated to the Director, Employee Plans Division, the 
additional authority to determine that a plan amendment is reasonable 
and provides for only de minimis increases in the liabilities of the 
plan in accordance with section 401(a)(3-3)(B)(ii) of the Code and 
section 204(i)(2)(A) of ERISA, with authority to redelegate, but not 
below Branch Chiefs, Employee Plans Division.

EFFECTIVE DATE: May 19, 1995.

FOR FURTHER INFORMATION CONTACT: John H. Turner, CP:E:EP:P:2, Room 
6702, 1111 Constitution Avenue, NW., Washington, DC 20224, (202) 622-
6214 (not a toll-free number).
    Effective Date: May 19, 1995, Authority to Determine if Plan 
Amendment is Reasonable and Has De Minimis Effect on Plan Liability in 
Accordance with Section 412(f)(2)(A) of the Internal Revenue Code 
(Code) and Section 304(b)(2)(A) of the Employee Retirement Income 
Security Act (ERISA), or Section 401(a)(33)(B)(ii) of the Code and 
Section 204(i)(2)(A) of ERISA.
    Pursuant to authority vested in the Commissioner of Internal 
Revenue by Treasury Department Order 150-10, there is hereby delegated 
to the Director, Employee Plans Division, the authority to determine 
that a plan amendment is reasonable and provides for only de minimis 
increases in the liabilities of the plan in accordance with section 
412(f)(2)(A) of the Code and section 304(b)(2)(A) of ERISA or in 
accordance with section 401(a)(33)(B)(ii) of the Code and section 
204(i)(2)(A) of ERISA.
    The authority delegated herein may be redelegated, but not below 
Branch Chiefs, Employee Plans Division.
    To the extent that the authority previously exercised consistent 
with this Order may require ratification, it is hereby affirmed and 
ratified.
    Delegation Order No. 175 (Rev. 2), effective October 31, 1987, is 
superseded.

    Dated: April 13, 1995.
Phil Brand,
Chief Compliance Officer.
[FR Doc. 95-12515 Filed 5-22-95; 8:45 am]
BILLING CODE 4830-01-U