Today’s Federal Register is here.
It really is true that the IRS is becoming more user-friendly! They have published today in their online version of their Employee Plan News the following:
New Revenue Procedure 2003-44, governing the Employee Plans Compliance Resolution System (EPCRS)
A red-lined version of the Revenue Procedure
A Chart comparing the substance of the old Revenue Procedure (Rev. Proc. 2002-47) and the new Revenue Procedure (Rev. Proc. 2003-44)
A topical index to the Rev. Proc. (very handy when it comes to trying to find something in that voluminous document!)
And, yes! it’s true!, a powerpoint presentation of the changes made to EPCRS by this new Rev. Proc.
Also, coming this summer, says the IRS is a new Correction Programs CD-ROM with video clips and a comprehensive overview of the program.
More on pension funding with this article at PlanSponsor.com regarding a report by Credit Suisse First Boston (CSFB) Corp. accounting analyst David Zion who sees the decline in interest rates as being the main reason behind the whole pension funding crises. More on the report by Arden Dale for the Associated Press at SFGate.com.