Issue Number: N-2008-29 & N-2008-30
Notice 2008-29 provides that pending further guidance, employers who maintain qualified defined benefit pension plans may continue to use the mortality tables in Rev. Rul. 96-7, 1996-1 C.B. 59, to determine present values with respect to individuals who are entitled to benefits as a result of a disability.
Notice 2008-30 is being issued in question and answer format, addresses various issues related to distributions where the provisions first become effective in 2008 pursuant to the Pension Protection Act of 2006. Notice 2008-30 also addresses the issue of gap-period earnings and the plan amendment process.
Both will appear in IRB 2008-12 dated March 24, 2008.