New regs for Friday: Retirement, trucks

New regs for Friday: Retirement, trucks
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Friday’s edition of the Federal Register contains new rules for multiemployer pension plans and truck drivers.

Here’s what is happening:

Retirement: The Department of the Treasury is considering new pension cuts.

The board of trustees for a local Teamsters multiemployer pension plan is requesting to cut the benefits paid to retired workers. Without the cuts, the pension managers say it could run out of money.

The Treasury must review the application and decide whether to approve the cuts.

The public has 45 days to comment.

Trucks: The Federal Motor Carrier Safety Administration (FMCSA) will allow truck drivers with poor vision in one eye to stay on the road.

The FMCSA said Thursday it is renewing the vision requirement exemptions for 82 truck drivers, who the agency says have shown they can see well enough in their other eye to safely operate a commercial motor vehicle.

Without these exemptions, the truck drivers would be prohibited from operating commercial motor vehicles between states.

The FMCSA is also considering issuing another round of exemptions to 41 other truck drivers who suffer from insulin-treated diabetes mellitus.

The agency must decide whether these truck drivers can keep their diabetes under control in order to safely operate a commercial motor vehicle between states.

The public has 30 days to comment.

Confidential treatment: The Consumer Financial Protection Bureau is moving forward with new guidelines for seeking “ex parte presentations.”

“The updated policy clarifies procedures for requesting confidential treatment,” the agency said.