<div> 45470Federal Register / Vol. 85, No. 145 / Tuesday, July 28, 2020 / Notices   DEPARTMENT OF THE TREASURY Multiemployer Pension Plan Application To Reduce Benefits AGENCY: Department of the Treasury. ACTION: Notice of availability; request for comments.  SUMMARY: The Board of Trustees of the Building Material Drivers Local 436 Pension Fund, a multiemployer pension plan, has submitted an application to reduce benefits under the plan in accordance with the Multiemployer Pension Reform Act of 2014 (MPRA). The purpose of this notice is to announce that an application submitted by the Board of Trustees of the Building Material Drivers Local 436 Pension Fund has been published on the website of the Department of the Treasury (Treasury), and to request public comments on the application from interested parties, including participants and beneficiaries, employee organizations, and contributing employers of the Building Material Drivers Local 436 Pension Fund.  DATES: Comments must be received by September 11, 2020. ADDRESSES: You may submit comments electronically through the Federal eRulemaking Portal at http:// www.regulations.gov, in accordance with the instructions on that site. Commenters are strongly encouraged to submit public comments electronically. Treasury expects to have limited personnel available to process public comments that are submitted on paper through mail. Until further notice, any comments submitted on paper will be considered to the extent practicable. Comments may be mailed to the Department of the Treasury, MPRA Office, 1500 Pennsylvania Avenue NW, Room 1224, Washington, DC 20220, Attn: Danielle Norris. Comments sent  via facsimile, telephone, or email will not be accepted. Additional Instructions. All comments received, including attachments and other supporting materials, will be made available to the public. Do not include any personally identifiable information (such as your Social Security number, name, address, or other contact information) or any other information in your comment or supporting materials that you do not want publicly disclosed. Treasury will make comments available for public inspection and copying on www.regulations.gov or upon request. Comments posted on the internet can be retrieved by most internet search engines.  FOR FURTHER INFORMATION CONTACT: For information regarding the application from the Building Material Drivers Local 436 Pension Fund, please contact Treasury at (202) 622–1534 (not a toll-free number). SUPPLEMENTARY INFORMATION: MPRA amended the Internal Revenue Code to permit a multiemployer plan that is projected to have insufficient funds to reduce pension benefits payable to participants and beneficiaries if certain conditions are satisfied. In order to reduce benefits, the plan sponsor is required to submit an application to the Secretary of the Treasury, which must be approved or denied in consultation with the Pension Benefit Guaranty Corporation (PBGC) and the Department of Labor. On June 30, 2020, the Building Material Drivers Local 436 Pension Fund’s Board of Trustees submitted an application for approval to reduce benefits under the plan. As required by MPRA, that application has been published on Treasury’s website at https://home.treasury.gov/services/the-multiemployer-pension-reform-act-of-  2014/applications-for-benefit-suspension. Treasury is publishing this notice in the Federal Register, in consultation with PBGC and the Department of Labor, to solicit public comments on all aspects of the Building Material Drivers Local 436 Pension Fund’s application. Comments are requested from interested parties, including participants and beneficiaries, employee organizations, and contributing employers of the Building Material Drivers Local 436 Pension Fund. Consideration will be given to any comments that are timely received by Treasury.  David Kautter, Assistant Secretary for Tax Policy. [FR Doc. 2020–16283 Filed 7–27–20; 8:45 am] BILLING CODE 4810–25–P   DEPARTMENT OF VETERANS AFFAIRS Advisory Committee Charter Renewals AGENCY: Department of Veterans Affairs. ACTION: Notice of Advisory Committee Charter Renewals.  SUMMARY: In accordance with the provisions of the Federal Advisory Committee ACT (FACA) and after consultation with the General Services Administration, the Secretary of Veterans Affairs has determined that the following Federal advisory committee is vital to the mission of the Department of Veterans Affairs (VA) and renewing its charter would be in the public interest. Consequently, the charter for the following Federal advisory committee is renewed for a two-year period, beginning on the dates listed below:  <table><tr><td> </td><td> </td><td colspan="2">Committee name</td><td> </td><td>Committee description</td><td>Charter renewed on</td></tr><tr><td colspan="5"> </td><td> </td><td> </td></tr><tr><td colspan="5">Cooperative Studies Scientific Evalua-</td><td>Provides advice on VA cooperative studies, multi-site clinical research activi-</td><td>April 21, 2020.</td></tr><tr><td colspan="3">tion Committee.</td><td> </td><td> </td><td>ties, and policies related to conducting and managing these efforts and en-</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>sures that new and ongoing projects maintain high quality, are based upon</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>scientific merit, and are efficiently and economically conducted.</td><td> </td></tr><tr><td colspan="5">Health Services Research and Develop-</td><td>Provides advice on the fair and equitable selection of the most meritorious re-</td><td>April 21, 2020.</td></tr><tr><td colspan="5">ment Service Scientific Merit Review</td><td>search projects for support by VA research funds; ensures the high quality</td><td> </td></tr><tr><td colspan="2">Board.</td><td> </td><td> </td><td> </td><td>and mission relevance of VA’s legislatively mandated research and develop-</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>ment program; advises on the scientific and technical merit, originality, feasi-</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>bility, and mission relevance of individual research proposals; and advises on</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>the adequacy of protection of human and animal subjects.</td><td> </td></tr><tr><td>Joint</td><td colspan="3">Biomedical Laboratory</td><td>Research</td><td>Provides advice on the scientific quality, budget, safety, and mission relevance</td><td>April 21, 2020.</td></tr><tr><td>and</td><td colspan="2">Development</td><td>and</td><td>Clinical</td><td>of investigator-initiated research proposals submitted for VA merit review</td><td> </td></tr><tr><td colspan="2">Science</td><td colspan="3">Research and Development</td><td>consideration. The proposals to be reviewed may address research ques-</td><td> </td></tr><tr><td colspan="2">Services</td><td>Scientific</td><td>Merit</td><td>Review</td><td>tions within the general area of biomedical and behavioral research or clinical</td><td> </td></tr><tr><td colspan="2">Board.</td><td> </td><td> </td><td> </td><td>science research. The Board also advises VA research officials on program</td><td> </td></tr><tr><td> </td><td> </td><td> </td><td> </td><td> </td><td>priorities and policies, as well as administration of VA’s intramural program.</td><td> </td></tr></table> </div>

Comments Sought on Application to Reduce Pension Plan Benefits

Comments Sought on Application to Reduce Pension Plan Benefits

U.S. Department of Treasury

Treasury has requested comments on an application submitted by the board of trustees of the Building Material Drivers Local 436 Pension Fund to reduce multiemployer plan benefits. Comments are due by September 11.

Treasury has requested comments on an application submitted by the board of trustees of the Building Material Drivers Local 436 Pension Fund to reduce multiemployer plan benefits. Comments are due by September 11.