EMPLOYEE PLANS

REG–136193–01, page 995. Proposed regulations under section 4980F of the Code provide guidance on the requirements for plan administrators to give notice of plan amendments that provide for significant reduction in the rate of future benefit accrual or an early retirement benefit or retirement-type subsidy. When finalized, the regulations will affect businesses, nonprofit organizations, and individuals. A public hearing is scheduled for August 15, 2002.

Notice 2002–32, page 989. Weighted average interest rate update . The weighted average interest rate for May 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.

(Continued on the next page) Finding Lists begin on page ii.