EMPLOYEE PLANS

Rev. Proc. 99–31, page 280. This procedure sets forth acceptable correction methods and examples under the Employee Plans Compliance Resolution System that can be used to correct common problems in complying with the rules governing qualified plans. Rev. Proc. 98–22, clarified and supplemented.

Notice 99–39, page 313. Weighted average interest rate update. The weighted average interest rate for August 1999 and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code are set forth.