EMPLOYEE PLANS

Notice 2005–87, page 1097. Application of regulations under section 415; plan amendments. This notice provides that when the final regulations under section 415 of the Code are published, the grandfather rule of regulations section 1.415(a)–1(g)(3) for preexisting benefits in defined benefit plans will be expanded.

Rev. Proc. 2005–76, page 1139. Retroactive payment of benefits; multiemployer plan; discretionary relief; extension. This procedure extends the date by which certain qualified retirement plans must be in operational compliance with reforming plan amendments in order to be eligible for the treatment described in section 3.02 of Rev. Proc. 2005–23, 2005–18 I.R.B. 991, which relates to the Supreme Court decision in Central Laborers’ Pension Fund v. Heinz, 541 U.S. 739 (2004). Rev. Proc. 2005–23 modified.