Notice 2004-59, Plan Amendments Following Election of Alternative Deficit Reduction Contribution, as amplified by Notice 2006-105, and as modified By Revenue Procedure 2005-71
Notice 2004-59, Plan
Amendments Following Election of Alternative Deficit Reduction
Contribution, as amplified by Notice 2006-105, and as modified By
Revenue Procedure 2005-71
Extension without change of a currently approved collection
This notice sets forth the procedures
for electing an alternative deficit reduction contribution under §
412(l)(12) of the Internal Revenue Code (the Code)(which was added
by section 102 of the Pension Funding Equity Act of 2004 (PFEA),
Pub. L. No. 108218), as modified by section 402(i) of the Pension
Protection Act of 2006 (PPA), Pub. L. No. 109280. Except as
outlined below, all references to the Code and the Employee
Retirement Income Security Act of 1974 (ERISA) are to the Code and
ERISA as in effect on August 16,2006. Revenue procedure 2005-71
modifies Rev.Proc. 200459, 20042 C.B. 678, to extend the sunset
date of the Section 1441 Voluntary Compliance Program ("Section
1441 VCP") to March 31, 2006.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.