NOTICE OF PUBLIC HEARING REGARDING REGULATIONS RELATING TO THE ADMINISTRATION AND DETERMINATION OF REQUIRED CALCULATIONS UNDER SECTION 415 OF THE IRS CODE (840 CMR 3.08)

PURSUANT TO SECTION 50 of Chapter 7 of the General Laws the Public Employee Retirement Administration Commission (PERAC) is promulgating regulations relating to the administration and determination of required calculations under section 415 of the IRS Code (840 CMR 3.08). The Commission hereby provides notice of a public comment period regarding the Commission's proposed regulations. A hearing regarding the proposal will be held on Tuesday July 16, 2013 at 10:00am-1:00pm at the Esther Howland Chamber, Worcester City Hall, 455 Main Street Worcester, MA 01608 and Monday July 29, 2013 at PERAC, Training Room, 3rd floor, 5 Middlesex Avenue Somerville, MA at 10:00am -1:00pm. Directions to the hearing sites can be located at PERAC's website at http://www.mass.gov/perac/training/directions.htm . The Commission will accept written comments through August 2, 2013. Comments may be sent to PERAC, 5 Middlesex Avenue, Suite 304, Somerville, MA 02145. Copies of the draft regulations may be obtained by contacting Susan Childs at 617-666-4446 ext. 907.

Proposed Regulation: Chapter 3.00 INTERNAL REVENUE CODE COMPLIANCE PROVISIONS