Establishment of the Defense Advisory Committee on Military Compensation, 9278 [05-3656]
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9278
Federal Register / Vol. 70, No. 37 / Friday, February 25, 2005 / Notices
• Enhance the quality, utility and
clarity of the information to be
collected; and
• Minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology,
e.g., permitting electronic submissions
of responses.
ADDRESSES: You may submit written
input to the Corporation by any of the
following methods:
(1) Electronically through the
Corporation’s e-mail address system to
Bruce Kellogg at Bkellogg@cns.gov.
(2) By fax to (202) 565–2742,
Attention Mr. Bruce Kellogg.
(3) By mail sent to: Corporation for
National and Community Service,
National Service Trust Office, 8th Floor,
Attn: Mr. Bruce Kellogg, 1201 New York
Avenue NW., Washington, DC 20525.
(4) By hand delivery or by courier to
the Corporation’s mailroom at Room
6010 at the mail address given in
paragraph (3) above, between 9 a.m. and
4 p.m. Monday through Friday, except
Federal holidays.
Send comments to Bruce Kellogg,
National Service Trust, Corporation for
National and Community Service, 1201
New York Ave., NW., Washington, DC,
20525.
FOR FURTHER INFORMATION CONTACT:
Bruce Kellogg, (202) 606–5000, ext. 526.
SUPPLEMENTARY INFORMATION:
I. Background
The Corporation for National and
Community Service supports programs
that provide opportunities for
individuals who want to become
involved in national service. The service
opportunities cover a wide range of
activities over varying periods of time.
Upon successfully completing an
agreed-upon term of service in an
approved AmeriCorps program, a
national and community service
participant—an AmeriCorps member—
receives an ‘‘education award’’. This
award is an amount of money set aside
in the member’s name in the National
Service Trust Fund. Members have
seven years in which to draw against
any unused balance.
The National Service Trust is the
office within the Corporation that
administers the education award
program. This involves tracking the
service for all AmeriCorps members,
ensuring that certain requirements of
the Corporation’s enabling legislation
are met, and processing school and loan
payments that the members authorize.
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II. Current Action
After an AmeriCorps member
completes a period of national and
community service, the individual
receives an education award that can be
used to pay against qualified student
loans or pay for current post secondary
educational expenses. Also, the
Corporation’s legislation requires that it
pay, on behalf of AmeriCorps members,
all or a portion of the interest that
accrues during their service periods, if
their loans were in forbearance during
their service and if they successfully
complete their terms of service. The
intention is to keep the qualified
student loan debt of an AmeriCorps
member from increasing during his or
her service period.
To pay the appropriate portion of the
accrued interest, the Corporation must
know the total amount of interest that
accrued during the entire service period.
Most loan holders will not release
information regarding their borrowers
unless they have a written statement
authorizing this release. The Interest
Accrual Form serves to (1) request that
the loan holder calculate the amount of
interest that accrued and (2) give
permission to and direct the loan holder
to release this information to the
Corporation.
The form was first designed and some
variation of it has been in use since the
summer of 1994. Along with minor
formatting changes, such as replacing
boxes with lines for the member’s name
and SSN to enhance legibility, and
wording to clarify certain sections of the
existing form, for example regarding
which interest is qualified or what time
period should be excluded, the
Corporation is requesting the name of
the agency be cited, in cases where the
loan is made by a state agency, in
accordance with recent legislative
changes. The changes impose no
additional burden.
The Corporation seeks to continue
using this particular form, albeit in a
revised version. The current form is due
to expire May 31, 2005.
Type of Review: Renewal.
Agency: Corporation for National and
Community Service.
Title: Interest Accrual Form.
OMB Number: 3045–0053.
Agency Number: None.
Affected Public: Individuals who have
completed a term of national service
who wish the National Service Trust to
pay certain interest accruing on
qualified student loans.
Total Respondents: 7,000 responses
annually (estimated annual average over
the next three years).
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Frequency: Experience has shown that
some members do not have qualified
student loans and others have several).
Average Time Per Response: Total of
10 minutes (three minutes for the
AmeriCorps member and seven minutes
for the loan holder).
Estimated Total Burden Hours: 1,167
hours.
Total Burden Cost (capital/startup):
None.
Total Burden Cost (operating/
maintenance): None.
Comments submitted in response to
this notice will be summarized and/or
included in the request for Office of
Management and Budget approval of the
information collection request; they will
also become a matter of public record.
Dated: February 17, 2005.
Ruben Wiley,
Manager, National Service Trust.
[FR Doc. 05–3603 Filed 2–24–05; 8:45 am]
BILLING CODE 6050–$$–P
DEPARTMENT OF DEFENSE
Office of the Secretary
Establishment of the Defense Advisory
Committee on Military Compensation
ACTION:
Notice of establishment.
SUMMARY: The Defense Advisory
Committee on Military Compensation is
being established in consonance with
the public interest and in accordance
with the provisions of Pub. L. 92–463,
the ‘‘Federal Advisory Committee Act,’’
Title 5 U.S.C., Appendix 2. This
advisory committee will provide advice
and recommendations to the Secretary
of Defense regarding matters pertaining
to military compensation. The
Committee shall identify approaches to
balance military pay and benefits in
sustaining recruitment and retention of
high-quality people, as well as a costeffective and ready military force.
The Committee will consist of a
balanced membership of seven members
from the private sector selected on the
basis of their preeminence in the fields
of military compensation. The members
will be appointed by the Secretary of
Defense.
FOR FURTHER INFORMATION CONTACT:
Sheila Earle, OUSD (Personnel &
Readiness), 703–697–8245.
Dated: February 18, 2005.
Jeannette Owings-Ballard,
OSD Federal Register Liaison Officer,
Department of Defense.
[FR Doc. 05–3656 Filed 2–24–05; 8:45 am]
BILLING CODE 5001–06–M
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[Federal Register Volume 70, Number 37 (Friday, February 25, 2005)]
[Notices]
[Page 9278]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-3656]
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DEPARTMENT OF DEFENSE
Office of the Secretary
Establishment of the Defense Advisory Committee on Military
Compensation
ACTION: Notice of establishment.
-----------------------------------------------------------------------
SUMMARY: The Defense Advisory Committee on Military Compensation is
being established in consonance with the public interest and in
accordance with the provisions of Pub. L. 92-463, the ``Federal
Advisory Committee Act,'' Title 5 U.S.C., Appendix 2. This advisory
committee will provide advice and recommendations to the Secretary of
Defense regarding matters pertaining to military compensation. The
Committee shall identify approaches to balance military pay and
benefits in sustaining recruitment and retention of high-quality
people, as well as a cost-effective and ready military force.
The Committee will consist of a balanced membership of seven
members from the private sector selected on the basis of their
preeminence in the fields of military compensation. The members will be
appointed by the Secretary of Defense.
FOR FURTHER INFORMATION CONTACT: Sheila Earle, OUSD (Personnel &
Readiness), 703-697-8245.
Dated: February 18, 2005.
Jeannette Owings-Ballard,
OSD Federal Register Liaison Officer, Department of Defense.
[FR Doc. 05-3656 Filed 2-24-05; 8:45 am]
BILLING CODE 5001-06-M
