[Federal Register Volume 70, Number 186 (Tuesday, September 27, 2005)]
[Proposed Rules]
[Page 56418]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-19222]



[[Page 56418]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-156518-04]
RIN 1545-BE10


Section 411(d)(6) Protected Benefits; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking and notice of 
public hearing.

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SUMMARY: This document corrects a notice of proposed rulemaking and 
notice of public hearing (REG-156518-04) that was published in the 
Federal Register on Friday, August 12, 2005 (70 FR 47155). The document 
contains regulations relating to the anti-cutback rules of section 
411(d)(6) of the Internal Revenue Code, which generally protect accrued 
benefits, early retirement benefits, retirement-type subsidies, and 
optional forms of benefit under qualified retirement plans.

FOR FURTHER INFORMATION CONTACT: Pamela R. Kinard, (202) 622-6060 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The notice of proposed rulemaking and notice of public hearing 
(REG-156518-04) that is the subject of this correction is under section 
411(d)(6) of the Internal Revenue Code.

Need for Correction

    As published, REG-156518-04 contains errors that may prove to be 
misleading and are in need of clarification.

Correction of Publication

    Accordingly, the notice of proposed rulemaking and notice of public 
hearing (REG-156518-04), that was the subject of FR Doc. 05-15960, is 
corrected as follows:
    1. On page 47155, column 2, in the preamble under the caption 
ADDRESSES:, fourth line from the bottom of the paragraph, the language 
156581-04). The public hearing will be'' is corrected to read ``156518-
04). The public hearing will be''.


Sec.  1.411(d)-3  [Corrected]

    2. On page 47159, column 1, Sec.  1.411(d)-3, (a)(4) paragraph (ii) 
Example 4, the last line of the paragraph, the language ``greater of 
the 2.'' is corrected to read, ``greater of the 2 vesting schedules 
(e.g., for G and each other participant in Plan E to be fully vested if 
the participant completes 5 years of service) for those account 
balances and earnings.''.

Cynthia Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 05-19222 Filed 9-26-05; 8:45 am]
BILLING CODE 4830-01-P