[Federal Register: July 1, 1997 (Volume 62, Number 126)]

[Rules and Regulations]               

[Page 35342]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr01jy97-4]

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PENSION BENEFIT GUARANTY CORPORATION

29 CFR Part 4001

RIN 1212-AA75
 
Reorganization, Renumbering, and Reinvention of Regulations; 
Terminology; Correction

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Correction.

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SUMMARY: On July 1, 1996, the Pension Benefit Guaranty Corporation 
published in the Federal Register (at 61 FR 34001, FR Doc. 96-16398) a 
final rule reorganizing, renumbering, and reinventing its regulations. 
This document contains a correction to 29 CFR Part 4001 as so 
published.

EFFECTIVE DATE: July 1, 1996.

FOR FURTHER INFORMATION CONTACT: Harold J. Ashner, Assistant General 
Counsel, or Marc L. Jordan, Attorney, Office of the General Counsel, 
Suite 340, Pension Benefit Guaranty Corporation, 1200 K Street, NW., 
Washington, DC 20005-4026; 202-326-4024 (202-326-4179 for TTY and TDD).

SUPPLEMENTARY INFORMATION: FR Doc. 96-16398, appearing at 61 FR 34001 
(July 1, 1996), contained an error that is corrected as follows:

List of Subjects in 29 CFR Part 4001

    Administrative practice and procedure, Business and industry, 
Pension insurance, Pensions.

    Accordingly, 29 CFR Part 4001 is corrected as follows:

PART 4001--TERMINOLOGY

    1. The authority citation for Part 4001 continues to read as 
follows:

    Authority: 29 U.S.C. 1301, 1302(b)(3).

    2. In Sec. 4001.2, the definition of ``mass withdrawal'' is 
corrected to read as follows:

Sec. 4001.2  [Corrected]

* * * * *
   
    Mass withdrawal means

    (1) The withdrawal of every employer from the plan,

    (2) The cessation of the obligation of all employers to contribute 
under the plan, or

    (3) The withdrawal of substantially all employers pursuant to an 
agreement or arrangement to withdraw.

* * * * *

    Issued in Washington, D.C., this 26th day of June, 1997.
John Seal,

Acting Executive Director, Pension Benefit Guaranty Corporation.

[FR Doc. 97-17138 Filed 6-30-97; 8:45 am]

BILLING CODE 7708-01-P