3550 Federal Register / Vol. 89, No. 13 / Friday, January 19, 2024 / Rules and Regulations 

the airport and its location, the 

procedure, and the amendment number. 

Availability and Summary of Material 

Incorporated by Reference 

The material incorporated by 

reference is publicly available as listed 

in the ADDRESSES section. 

The material incorporated by 

reference describes SIAPS, Takeoff 

Minimums and/or ODPs as identified in 

the amendatory language for part 97 of 

this final rule. 

The Rule 

This amendment to 14 CFR part 97 is 

effective upon publication of each 

separate SIAP, Takeoff Minimums and 

ODP as amended in the transmittal. 

Some SIAP and Takeoff Minimums and 

textual ODP amendments may have 

been issued previously by the FAA in a 

Flight Data Center (FDC) Notice to Air 

Missions (NOTAM) as an emergency 

action of immediate flights safety 

relating directly to published 

aeronautical charts. 

The circumstances that created the 

need for some SIAP and Takeoff 

Minimums and ODP amendments may 

require making them effective in less 

than 30 days. For the remaining SIAPs 

and Takeoff Minimums and ODPs, an 

effective date at least 30 days after 

publication is provided. 

Further, the SIAPs and Takeoff 

Minimums and ODPs contained in this 

amendment are based on the criteria 

contained in the U.S. Standard for 

Terminal Instrument Procedures 

(TERPS). In developing these SIAPs and 

Takeoff Minimums and ODPs, the 

TERPS criteria were applied to the 

conditions existing or anticipated at the 

affected airports. Because of the close 

and immediate relationship between 

these SIAPs, Takeoff Minimums and 

ODPs, and safety in air commerce, I find 

that notice and public procedure under 

5 U.S.C. 553(b) are impracticable and 

contrary to the public interest and, 

where applicable, under 5 U.S.C. 553(d), 

good cause exists for making some 

SIAPs effective in less than 30 days. 

The FAA has determined that this 

regulation only involves an established 

body of technical regulations for which 

frequent and routine amendments are 

necessary to keep them operationally 

current. It, therefore—(1) is not a 

‘‘significant regulatory action’’ under 

Executive Order 12866; (2) is not a 

‘‘significant rule’’ under DOT 

Regulatory Policies and Procedures (44 

FR 11034; February 26, 1979); and (3) 

does not warrant preparation of a 

regulatory evaluation as the anticipated 

impact is so minimal. For the same 

reason, the FAA certifies that this 

amendment will not have a significant 

economic impact on a substantial 

number of small entities under the 

criteria of the Regulatory Flexibility Act. 

Lists of Subjects in 14 CFR Part 97 

Air traffic control, Airports, 

Incorporation by reference, Navigation 

(air). 

Issued in Washington, DC, on January 5, 

2024. 

Thomas J. Nichols, 

Manager, Aviation Safety, Flight Standards 

Service, Standards Section, Flight Procedures 

& Airspace Group, Flight Technologies & 

Procedures Division. 

Adoption of the Amendment 

Accordingly, pursuant to the 

authority delegated to me, 14 CFR part 

97 is amended by establishing, 

amending, suspending, or removing 

Standard Instrument Approach 

Procedures and/or Takeoff Minimums 

and Obstacle Departure Procedures 

effective at 0901 UTC on the dates 

specified, as follows: 

PART 97—STANDARD INSTRUMENT 

APPROACH PROCEDURES 

■ 1. The authority citation for part 97 

continues to read as follows: 

Authority: 49 U.S.C. 106(f), 106(g), 40103, 

40106, 40113, 40114, 40120, 44502, 44514, 

44701, 44719, 44721–44722. 

■ 2. Part 97 is amended to read as 

follows: 

Effective 22 February 2024 

North Vernon, IN, OVO, RNAV (GPS) Y RWY 

23, Amdt 1 

Weedsport, NY, B16, RNAV (GPS) RWY 28, 

Orig–A, CANCELED 

Effective 21 March 2024 

Clinton, AR, 2A2, RNAV (GPS) RWY 5, Amdt 

1E 

Clinton, AR, 2A2, RNAV (GPS) RWY 23, 

Amdt 1E 

San Luis Obispo, CA, SBP, ILS OR LOC RWY 

11, Amdt 3 

San Luis Obispo, CA, SBP, LOC RWY 11, 

Orig–C, CANCELED 

Canon, GA, 18A, RNAV (GPS) RWY 8, Orig– 

C 

Canon, GA, 18A, Takeoff Minimums and 

Obstacle DP, Amdt 1 

Reserve, LA, KAPS, RNAV (GPS) RWY 17, 

Amdt 1B 

Reserve, LA, KAPS, RNAV (GPS) RWY 35, 

Amdt 1B 

Reserve, LA, KAPS, VOR RWY 35, Amdt 1B 

Norwood, MA, KOWD, Takeoff Minimums 

and Obstacle DP, Amdt 9 

Dowagiac, MI, C91, RNAV (GPS) RWY 27, 

Orig–B 

Hibbing, MN, KHIB, ILS OR LOC RWY 13, 

Amdt 1B 

Hibbing, MN, KHIB, ILS OR LOC RWY 31, 

Amdt 13B 

Hibbing, MN, KHIB, RNAV (GPS) RWY 4, 

Orig–B 

Hibbing, MN, KHIB, RNAV (GPS) RWY 13, 

Amdt 1D 

Hibbing, MN, KHIB, RNAV (GPS) RWY 22, 

Orig–B 

Hibbing, MN, KHIB, RNAV (GPS) RWY 31, 

Amdt 1C 

Hutchinson, MN, KHCD, VOR RWY 33, 

Amdt 3C, CANCELED 

Wayne, NE, LCG, RNAV (GPS) RWY 18, 

Amdt 2C 

Wayne, NE, LCG, RNAV (GPS) RWY 36, 

Amdt 2D 

Danville, PA, 8N8, VOR–A, Orig–A, 

CANCELED 

Harrisburg, PA, MDT, ILS OR LOC RWY 13, 

ILS RWY 13 (SA CAT I), ILS RWY 13 (CAT 

II), ILS RWY 13 (CAT III), Amdt 3 

Myrtle Beach, SC, MYR, ILS OR LOC RWY 

18, ILS RWY 18 (SA CAT I), ILS RWY 18 

(SA CAT II), Amdt 6A 

Myrtle Beach, SC, MYR, RNAV (GPS) RWY 

18, Amdt 4C 

Myrtle Beach, SC, MYR, RNAV (GPS) RWY 

36, Amdt 4B 

Covington, TN, M04, RNAV (GPS) RWY 1, 

Amdt 1 

Covington, TN, M04, RNAV (GPS) RWY 19, 

Orig 

Millington, TN, 2M8, Takeoff Minimums and 

Obstacle DP, Amdt 2 

Orange, TX, KORG, VOR/DME RWY 22, 

Amdt 2A, CANCELED 

Martinsville, VA, MTV, RNAV (GPS) RWY 

31, Amdt 3B 

[FR Doc. 2024–00966 Filed 1–18–24; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 97 

[Docket No. 31527; Amdt. No. 4096] 

Standard Instrument Approach 

Procedures, and Takeoff Minimums 

and Obstacle Departure Procedures; 

Miscellaneous Amendments 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: This rule amends, suspends, 

or removes Standard Instrument 

Approach Procedures (SIAPs) and 

associated Takeoff Minimums and 

Obstacle Departure Procedures for 

operations at certain airports. These 

regulatory actions are needed because of 

the adoption of new or revised criteria, 

or because of changes occurring in the 

National Airspace System, such as the 

commissioning of new navigational 

facilities, adding new obstacles, or 

changing air traffic requirements. These 

changes are designed to provide for the 

safe and efficient use of the navigable 

airspace and to promote safe flight 

operations under instrument flight rules 

at the affected airports. 


ddrumheller on DSK120RN23PROD with RULES1
Federal Register / Vol. 89, No. 13 / Friday, January 19, 2024 / Rules and Regulations 3551 

DATES: This rule is effective January 19, 

2024. The compliance date for each 

SIAP, associated Takeoff Minimums, 

and ODP is specified in the amendatory 

provisions. 

The incorporation by reference of 

certain publications listed in the 

regulations is approved by the Director 

of the Federal Register as of January 19, 

2024. 

ADDRESSES: Availability of matter 

incorporated by reference in the 

amendment is as follows: 

For Examination 

1. U.S. Department of Transportation, 

Docket Ops-M30, 1200 New Jersey 

Avenue SE, West Bldg., Ground Floor, 

Washington, DC, 20590–0001; 

2. The FAA Air Traffic Organization 

Service Area in which the affected 

airport is located; 

3. The office of Aeronautical 

Information Services, 6500 South 

MacArthur Blvd., Oklahoma City, OK 

73169 or, 

4. The National Archives and Records 

Administration (NARA). 

For information on the availability of 

this material at NARA, visit 

www.archives.gov/federal-register/cfr/ 

ibr-locations or email fr.inspection@

nara.gov. 

Availability 

All SIAPs and Takeoff Minimums and 

ODPs are available online free of charge. 

Visit the National Flight Data Center 

online at nfdc.faa.gov to register. 

Additionally, individual SIAP and 

Takeoff Minimums and ODP copies may 

be obtained from the FAA Air Traffic 

Organization Service Area in which the 

affected airport is located. 

FOR FURTHER INFORMATION CONTACT: 

Thomas J. Nichols, Flight Procedures 

and Airspace Group, Flight 

Technologies and Procedures Division, 

Flight Standards Service, Federal 

Aviation Administration. Mailing 

Address: FAA Mike Monroney 

Aeronautical Center, Flight Procedures 

and Airspace Group, 6500 South 

MacArthur Blvd., STB Annex, Bldg. 26, 

Room 217, Oklahoma City, OK 73099. 

Telephone: (405) 954–1139. 

SUPPLEMENTARY INFORMATION: This rule 

amends 14 CFR part 97 by amending the 

referenced SIAPs. The complete 

regulatory description of each SIAP is 

listed on the appropriate FAA Form 

8260, as modified by the National Flight 

Data Center (NFDC)/Permanent Notice 

to Air Missions (P–NOTAM), and is 

incorporated by reference under 5 

U.S.C. 552(a), 1 CFR part 51, and 14 

CFR 97.20. The large number of SIAPs, 

their complex nature, and the need for 

a special format make their verbatim 

publication in the Federal Register 

expensive and impractical. Further, 

pilots do not use the regulatory text of 

the SIAPs, but refer to their graphic 

depiction on charts printed by 

publishers of aeronautical materials. 

Thus, the advantages of incorporation 

by reference are realized and 

publication of the complete description 

of each SIAP contained on FAA form 

documents is unnecessary. This 

amendment provides the affected CFR 

sections, and specifies the SIAPs and 

Takeoff Minimums and ODPs with their 

applicable effective dates. This 

amendment also identifies the airport 

and its location, the procedure and the 

amendment number. 

Availability and Summary of Material 

Incorporated by Reference 

The material incorporated by 

reference is publicly available as listed 

in the ADDRESSES section. 

The material incorporated by 

reference describes SIAPs, Takeoff 

Minimums and ODPs as identified in 

the amendatory language for part 97 of 

this final rule. 

The Rule 

This amendment to 14 CFR part 97 is 

effective upon publication of each 

separate SIAP and Takeoff Minimums 

and ODP as amended in the transmittal. 

For safety and timeliness of change 

considerations, this amendment 

incorporates only specific changes 

contained for each SIAP and Takeoff 

Minimums and ODP as modified by 

FDC permanent NOTAMs. 

The SIAPs and Takeoff Minimums 

and ODPs, as modified by FDC 

permanent NOTAM, and contained in 

this amendment are based on criteria 

contained in the U.S. Standard for 

Terminal Instrument Procedures 

(TERPS). In developing these changes to 

SIAPs and Takeoff Minimums and 

ODPs, the TERPS criteria were applied 

only to specific conditions existing at 

the affected airports. All SIAP 

amendments in this rule have been 

previously issued by the FAA in a FDC 

NOTAM as an emergency action of 

immediate flight safety relating directly 

to published aeronautical charts. 

The circumstances that created the 

need for these SIAP and Takeoff 

Minimums and ODP amendments 

require making them effective in less 

than 30 days. 

Because of the close and immediate 

relationship between these SIAPs, 

Takeoff Minimums and ODPs, and 

safety in air commerce, I find that notice 

and public procedure under 5 U.S.C. 

553(b) are impracticable and contrary to 

the public interest and, where 

applicable, under 5 U.S.C. 553(d), good 

cause exists for making these SIAPs 

effective in less than 30 days. 

The FAA has determined that this 

regulation only involves an established 

body of technical regulations for which 

frequent and routine amendments are 

necessary to keep them operationally 

current. It, therefore—(1) is not a 

‘‘significant regulatory action’’ under 

Executive Order 12866; (2) is not a 

‘‘significant rule’’ under DOT regulatory 

Policies and Procedures (44 FR 11034; 

February 26, 1979); and (3) does not 

warrant preparation of a regulatory 

evaluation as the anticipated impact is 

so minimal. For the same reason, the 

FAA certifies that this amendment will 

not have a significant economic impact 

on a substantial number of small entities 

under the criteria of the Regulatory 

Flexibility Act. 

List of Subjects in 14 CFR Part 97 

Air traffic control, Airports, 

Incorporation by reference, Navigation 

(air). 

Issued in Washington, DC, on January 5, 

2024. 

Thomas J. Nichols, 

Manager, Aviation Safety, Flight Standards 

Service, Standards Section, Flight Procedures 

& Airspace Group, Flight Technologies & 

Procedures Division. 

Adoption of the Amendment 

Accordingly, pursuant to the 

authority delegated to me, 14 CFR part 

97 is amended by amending Standard 

Instrument Approach Procedures and 

Takeoff Minimums and ODPs, effective 

at 0901 UTC on the dates specified, as 

follows: 

PART 97—STANDARD INSTRUMENT 

APPROACH PROCEDURES 

■ 1. The authority citation for part 97 

continues to read as follows: 

Authority: 49 U.S.C. 106(f), 106(g), 40103, 

40106, 40113, 40114, 40120, 44502, 44514, 

44701, 44719, 44721–44722. 

■ 2. Part 97 is amended to read as 

follows: 

By amending: § 97.23 VOR, VOR/ 

DME, VOR or TACAN, and VOR/DME 

or TACAN; § 97.25 LOC, LOC/DME, 

LDA, LDA/DME, SDF, SDF/DME; 

§ 97.27 NDB, NDB/DME; § 97.29 ILS, 

ILS/DME, MLS, MLS/DME, MLS/RNAV; 

§ 97.31 RADAR SIAPs; § 97.33 RNAV 

SIAPs; and § 97.35 COPTER SIAPs, 

Identified as follows: 

* * * Effective Upon Publication 


ddrumheller on DSK120RN23PROD with RULES1
3552 Federal Register / Vol. 89, No. 13 / Friday, January 19, 2024 / Rules and Regulations 

1Section 411(a)(11)(A) generally provides that if 

the present value of a participant’s nonforfeitable 

accrued benefit exceeds $7,000 ($5,000 for 

distributions made on or before December 31, 

2023), then the benefit may not be distributed 

immediately without the participant’s consent. 

2Under section 411(a)(11)(B), the present value 

that is used to apply the rules of section 411(a)(11) 

is calculated using the rules of section 417(e)(3). 

AIRAC date State City Airport name FDC No. FDC date Procedure name 

2/22/24 ......... TX Denton .................... Denton Enterprise ................... 3/0199 12/12/23 RNAV (GPS) RWY 18L, Orig. 

2/22/24 ......... WA Moses Lake ............ Grant County Intl ..................... 3/1765 11/6/23 NDB RWY 32R, Amdt 17B. 

2/22/24 ......... KY Bardstown ............... Samuels Fld ............................ 3/2136 11/16/23 RNAV (GPS) RWY 3, Amdt 1A. 

2/22/24 ......... KY Bardstown ............... Samuels Fld ............................ 3/2138 11/16/23 RNAV (GPS) RWY 21, Amdt 1A. 

2/22/24 ......... KY Bardstown ............... Samuels Fld ............................ 3/2142 11/16/23 VOR RWY 3, Amdt 1. 

2/22/24 ......... OR Medford ................... Rogue Valley Intl—Medford .... 3/2772 11/6/23 VOR/DME RWY 14, Amdt 5B. 

2/22/24 ......... OR John Day ................ Grant County Rgnl/Ogilvie Fld 3/3840 11/6/23 RNAV (GPS) Z RWY 9, Orig–D. 

2/22/24 ......... ND Lakota ..................... Lakota Muni ............................. 3/5790 11/16/23 RNAV (GPS) RWY 33, Orig–A. 

2/22/24 ......... FL Orlando ................... Orlando Intl .............................. 3/6102 12/19/23 RNAV (GPS) RWY 17R, Orig–D. 

[FR Doc. 2024–00967 Filed 1–18–24; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[TD 9987] 

RIN 1545–BK95 

Update to Minimum Present Value 

Requirements for Defined Benefit Plan 

Distributions 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Final regulations. 

SUMMARY: This document sets forth final 

regulations providing guidance relating 

to the minimum present value 

requirements applicable to certain 

defined benefit pension plans. These 

regulations provide guidance on 

changes made by the Pension Protection 

Act of 2006 to the prescribed interest 

rate and mortality table and other 

guidance, including rules regarding the 

treatment of preretirement mortality 

discounts and Social Security level 

income options. These regulations affect 

participants, beneficiaries, sponsors, 

and administrators of defined benefit 

pension plans. 

DATES: 

Effective date: These regulations are 

effective on January 19, 2024. 

Applicability date: These regulations 

generally apply to distributions with 

annuity starting dates that occur on or 

after October 1, 2024. 

FOR FURTHER INFORMATION CONTACT: 

Diane S. Bloom or Linda S.F. Marshall 

at (202) 317–6700 (not a toll-free 

number). 

SUPPLEMENTARY INFORMATION: 

Background 

Section 401(a)(11) of the Internal 

Revenue Code (Code) provides rules 

that a defined benefit plan must satisfy 

with respect to a vested participant in 

order to be a qualified plan under 

section 401(a). Under those rules, except 

as provided under section 417: (1) if the 

participant survives to the annuity 

starting date, the accrued benefit 

payable to the participant must be 

provided in the form of a qualified joint 

and survivor annuity (QJSA); and (2) if 

the participant dies before the annuity 

starting date and has a surviving spouse, 

the plan must provide a qualified 

preretirement survivor annuity (QPSA) 

to the surviving spouse. 

Under section 417(e)(1), a plan may 

provide that the present value of a QJSA 

or a QPSA will be distributed 

immediately if that present value does 

not exceed the amount that may be 

distributed without the participant’s 

consent under section 411(a)(11).1

Under section 417(e)(2), if the present 

value of the QJSA or the QPSA exceeds 

that amount, then a plan may 

immediately distribute the present value 

of the QJSA or the QPSA only if the 

participant and the spouse of the 

participant (or, if the participant has 

died, the surviving spouse) consent in 

writing to the distribution. 

Section 417(e)(3)(A) provides that the 

present value of the QJSA or QPSA must 

not be less than the present value 

calculated by using the applicable 

mortality table and the applicable 

interest rate.2

Section 417(e)(3)(B), as amended by 

section 302 of the Pension Protection 

Act of 2006, Public Law 109–280, 120 

Stat. 780 (PPA ’06), provides that the 

term ‘‘applicable mortality table’’ means 

a mortality table, modified as 

appropriate by the Secretary, based on 

the mortality table specified for the plan 

year under section 430(h)(3)(A) of the 

Code (without regard to section 

430(h)(3)(C) or (D)). 

Section 417(e)(3)(C), as amended by 

section 302 of PPA ’06, provides that the 

term ‘‘applicable interest rate’’ means 

the adjusted first, second, and third 

segment rates applied under rules 

similar to the rules of section 

430(h)(2)(C) of the Code for the month 

before the date of the distribution or 

such other time as the Secretary may 

prescribe by regulations. However, for 

purposes of section 417(e)(3), these rates 

are determined without regard to the 

segment rate stabilization rules of 

section 430(h)(2)(C)(iv). In addition, 

under section 417(e)(3)(D), these rates 

are determined using the average yields 

for a month, rather than the 24-month 

average used under section 430(h)(2)(D). 

Section 411(a)(13), as added by 

section 701(b) of PPA ’06, provides that 

an ‘‘applicable defined benefit plan,’’ as 

defined by section 411(a)(13)(C) of the 

Code, is not treated as failing to meet 

the requirements of section 417(e) with 

respect to accrued benefits derived from 

employer contributions solely because 

the present value of a participant’s 

accrued benefit (or any portion thereof) 

may be, under the terms of the plan, 

equal to the amount expressed as the 

hypothetical account balance or as an 

accumulated percentage of such 

participant’s final average 

compensation. 

The Department of the Treasury 

(Treasury Department) and the IRS 

issued final regulations under section 

417 relating to the QJSA and QPSA 

requirements in 1988 (53 FR 31854, 

August 22, 1988), and amended those 

regulations in 1998 (63 FR 16898, April 

3, 1998), to reflect changes to section 

417(e)(3) enacted by the Retirement 

Protection Act of 1994, Subtitle F of 

Title VII of the Uruguay Round 

Agreements Act, Public Law 103–465, 

108 Stat. 4809 (RPA ’94). Section 

1.417(e)–1 was further amended in 2016 

(81 FR 62359, September 9, 2016) to 

permit defined benefit plans to bifurcate 

a benefit that is paid partly in the form 

of an annuity and partly in a more 

accelerated form and to apply the 

requirements of section 417(e)(3) only to 

the accelerated portion of the 

distribution. However, § 1.417(e)–1 was 

not updated at that time to reflect 

changes made by PPA ’06. 


ddrumheller on DSK120RN23PROD with RULES1