EMPLOYEE PLANS

REG–114726–04, page 857. Proposed regulations under section 401(a) of the Code provide rules permitting distributions to be made from a pension plan under a phased retirement program and set forth requirements for a bona fide phased retirement program. These regulations will provide the public with guidance regarding distributions from qualified pension plans and will affect administrators of, and participants in, these plans.

Notice 2004–77, page 855. Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for November 2004 and the resulting permissible range of interest rates used to calculate current liability and to determine the required contribution are set forth.

Announcements of Disbarments and Suspensions begin on page 866. Finding Lists begin on page ii.