{"id":36,"date":"2011-12-12T15:30:11","date_gmt":"2011-12-12T19:30:11","guid":{"rendered":"http:\/\/blogs.duanemorris.com\/benefitslaw\/?p=36"},"modified":"2014-09-10T10:16:13","modified_gmt":"2014-09-10T14:16:13","slug":"irs-proposes-governmental-plan-definition","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/benefitslaw\/2011\/12\/12\/irs-proposes-governmental-plan-definition\/","title":{"rendered":"IRS Proposes &#8220;Governmental Plan&#8221; Definition"},"content":{"rendered":"<p>For years, governmental entities have struggled with the criteria for identification of a \u201cgovernmental plan\u201d for purposes of the tax-qualification rules of the Internal Revenue Code (\u201cIRC\u201d). On November 8, 2011, the IRS issued an advance notice of proposed rulemaking (ANPRM) defining &#8220;governmental plan&#8221; under Section 414(d) of the IRC. The ANPRM sets forth an extensive discussion of the IRS&#8217;s view on the characteristics of a governmental plan. It can be anticipated that through the initial comment period &#8212; ending on February 6, 2012 &#8212; and as proposed regulations work their way into final regulations, input from governmental sponsors and advisors may significantly impact the criteria for determining governmental plan status.<\/p>\n<p>Link to full text of Duane Morris Alert:<\/p>\n<p><a href=\"http:\/\/www.duanemorris.com\/alerts\/IRS_advanced_notice_of_rulemaking_for_governmental_plans_4303.html\" target=\"_blank\">http:\/\/www.duanemorris.com\/alerts\/IRS_advanced_notice_of_rulemaking_for_governmental_plans_4303.html.<\/a><\/p>\n<p>Link to full text of ANPRM:<\/p>\n<p><a href=\"http:\/\/www.gpo.gov\/fdsys\/pkg\/FR-2011-11-08\/pdf\/2011-28853.pdf\" target=\"_blank\">http:\/\/www.gpo.gov\/fdsys\/pkg\/FR-2011-11-08\/pdf\/2011-28853.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For years, governmental entities have struggled with the criteria for identification of a \u201cgovernmental plan\u201d for purposes of the tax-qualification rules of the Internal Revenue Code (\u201cIRC\u201d). On November 8, 2011, the IRS issued an advance notice of proposed rulemaking (ANPRM) defining &#8220;governmental plan&#8221; under Section 414(d) of the IRC. The ANPRM sets forth an &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/benefitslaw\/2011\/12\/12\/irs-proposes-governmental-plan-definition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IRS Proposes &#8220;Governmental Plan&#8221; Definition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":95,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[59,60,48,49,27,58],"ppma_author":[93],"class_list":["post-36","post","type-post","status-publish","format-standard","hentry","category-employee-benefits","tag-414d","tag-anprm","tag-governmental-plan-definition","tag-irs","tag-nixon","tag-tax"],"authors":[{"term_id":93,"user_id":95,"is_guest":0,"slug":"jnixon","display_name":"John A. Nixon","avatar_url":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-content\/uploads\/sites\/10\/2014\/08\/nixonjohn-125x150.jpg","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-json\/wp\/v2\/posts\/36","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-json\/wp\/v2\/comments?post=36"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-json\/wp\/v2\/posts\/36\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-json\/wp\/v2\/media?parent=36"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-json\/wp\/v2\/categories?post=36"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-json\/wp\/v2\/tags?post=36"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/benefitslaw\/wp-json\/wp\/v2\/ppma_author?post=36"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}