[Federal Register Volume 66, Number 152 (Tuesday, August 7, 2001)]
[Rules and Regulations]
[Page 41133]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-19787]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 8948]
RIN 1545-AY43


Minimum Cost Requirement Permitting the Transfer of Excess Assets 
of a Defined Benefit Pension Plan to a Retiree Health Account; 
Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document contains corrections to final regulations that 
were published in the Federal Register on Tuesday, June 19, 2001 (66 FR 
32897) relating to the minimum cost requirement under section 420, 
which permits the transfer of excess assets of a defined benefit 
pension plan to a retiree health account.

DATES: This correction is effective June 19, 2001.

FOR FURTHER INFORMATION CONTACT: Janet A. Laufer or Vernon S. Carter, 
(202) 622-6060 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations that are the subject of these corrections are 
under section 420 of the Internal Revenue Code.

Need for Correction

    As published, the final regulations contain errors that may prove 
to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the final regulations (TD 8948), 
that were the subject of FR Doc. 01-15255, is corrected as follows:
    1. On page 32900, column 1, amendatory instruction Paragraph 1., 
lines 2 and 3, the language ``for part 1 continues to read in part as 
follows:'' is corrected to read ``for part 1 is amended by adding a new 
entry in numerical order to read in part as follows:''.
    2. On page 32900, column 1, the authority citation is corrected to 
read as follows:

    Authority: 26 U.S.C. 7805 * * *

    Sec. 1.420-1 also issued under 26 U.S.C. 420(c)(3)(E).
LaNita Van Dyke,
Acting, Chief, Regulations Unit, Associate Chief Counsel (Income Tax 
and Accounting).
[FR Doc. 01-19787 Filed 8-6-01; 8:45 am]
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