Bulletin No. 2002–15 April 15, 2002

Notice 2002–26, page 743. Weighted average interest rate update . The weighted average interest rate for the first quarter of 2002 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.

Announcement 2002–31, page 747. Proposed class exemption; non-enforcement policy . This announcement describes the Service’s position on the imposition of the prohibited transaction excise taxes during the pendency of a class exemption from the prohibited transaction rules (Application No. D–10933) proposed by the U.S. Department of Labor.