IRS Pushes Back Enactment of Normal Retirement Age Rules

On October 28, 2009, in response to the concerns raised by the National Association of Police Organizations (NAPO), the WPPA, and other public employee organizations, the IRS announced its decision to push back the enactment date of the normal retirement age regulations from January 1, 2011 to January 1, 2013. Please see IRS Notice 2009-86 below announcing the extension for governmental plans or click here to view and download a PDF of the Notice.

NAPO and the WPPA continue to work with the Treasury Department and the IRS to exclude governmental plans entirely from the regulations. The extension of the rules is widely considered as a sign that the IRS has realized that it made a mistake in including governmental … Continue reading