SES Performance Review Board, 34801 [05-11788]
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Federal Register / Vol. 70, No. 114 / Wednesday, June 15, 2005 / Notices
All comments, submissions and
background documents are available for
inspection and copying at the OSHA
Docket Office at the above address.
Comments and submissions posted on
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become public, private information such
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submitted.
V. Authority and Signature
Jonathan L. Snare, Acting Assistant
Secretary of Labor for Occupational
Safety and Health, directed the
preparation of this notice. The authority
for this notice is the Paperwork
Reduction Act of 1995 (44 U.S.C. 3506
et seq.), and Secretary of Labor’s Order
No. 5–2002 (67 FR 65008).
Dated: Signed at Washington, DC, on June
8, 2005.
Jonathan L. Snare,
Acting Assistant Secretary of Labor
[FR Doc. 05–11811 Filed 6–14–05; 8:45 am]
supervisor, along with any response by
the senior executive, and make
recommendations to the appointing
authority relative to the performance of
the senior executive.
The following persons have been
selected to serve on the Performance
Review Board of the National
Endowment for the Arts:
Eileen B. Mason, Senior Deputy
Chairman.
Laurence M. Baden, Deputy Chairman
for Management and Budget.
Tony Chauveaux, Deputy Chairman
for Grants and Awards.
Ann Guthrie Hingston, Director of the
Office of Government Affairs.
Michael R. Burke, Chief Information
Officer.
James F. McDermott, Deputy Director,
Office of Human Resources U.S. Nuclear
Regulatory Commission.
Murray R. Welsh,
Director of Administrative Services, National
Endowment for the Arts.
[FR Doc. 05–11788 Filed 6–14–05; 8:45 am]
BILLING CODE 7536–01–M
PENSION BENEFIT GUARANTY
CORPORATION
BILLING CODE 4510–26–M
Required Interest Rate Assumption for
Determining Variable-Rate Premium;
Interest Assumptions for
Multiemployer Plan Valuations
Following Mass Withdrawal
NATIONAL FOUNDATION ON THE
ARTS AND HUMANITIES
AGENCY:
SES Performance Review Board
AGENCY:
National Endowment for the
This notice informs the public
of the interest rates and assumptions to
be used under certain Pension Benefit
Guaranty Corporation regulations. These
rates and assumptions are published
elsewhere (or can be derived from rates
published elsewhere), but are collected
and published in this notice for the
convenience of the public. Interest rates
are also published on the PBGC’s Web
site (https://www.pbgc.gov).
DATES: The required interest rate for
determining the variable-rate premium
under part 4006 applies to premium
payment years beginning in June 2005.
The interest assumptions for performing
multiemployer plan valuations
following mass withdrawal under part
4281 apply to valuation dates occurring
in July 2005.
FOR FURTHER INFORMATION CONTACT:
Catherine B. Klion, Attorney, Legislative
and Regulatory Department, Pension
Benefit Guaranty Corporation, 1200 K
Street, NW., Washington, DC 20005,
SUMMARY:
Arts.
ACTION:
Pension Benefit Guaranty
Corporation.
ACTION: Notice of interest rates and
assumptions.
Notice.
SUMMARY: Notice is hereby given of the
names and members of the Performance
Review Board for the National
Endowment for the Arts. This notice
supersedes all previous notices of the
PRB membership of the Agency.
DATES: Upon publication.
FOR FURTHER INFORMATION CONTACT:
Craig McCord, Director of Human
Resources, National Endowment for the
Arts, 1100 Pennsylvania Avenue, NW.,
Room 627, Washington, DC 20506, (202)
682–5473.
SUPPLEMENTARY INFORMATION: Sec.
4314(c)(1) through (5) of Title 5, U.S.C.,
requires each agency to establish, in
accordance with regulations prescribed
by the Office of Personnel Management,
one or more SES Performance Review
Boards. The Board shall review and
evaluate the initial appraisal of a senior
executive’s performance by the
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34801
202–326–4024. (TTY/TDD users may
call the Federal relay service toll-free at
1–800–877–8339 and ask to be
connected to 202–326–4024.)
SUPPLEMENTARY INFORMATION:
Variable-Rate Premiums
Section 4006(a)(3)(E)(iii)(II) of the
Employee Retirement Income Security
Act of 1974 (ERISA) and § 4006.4(b)(1)
of the PBGC’s regulation on Premium
Rates (29 CFR part 4006) prescribe use
of an assumed interest rate (the
‘‘required interest rate’’) in determining
a single-employer plan’s variable-rate
premium. Pursuant to the Pension
Funding Equity Act of 2004, for
premium payment years beginning in
2004 or 2005, the required interest rate
is the ‘‘applicable percentage’’
(currently 85 percent) of the annual rate
of interest determined by the Secretary
of the Treasury on amounts invested
conservatively in long-term investment
grade corporate bonds for the month
preceding the beginning of the plan year
for which premiums are being paid.
Thus, the required interest rate to be
used in determining variable-rate
premiums for premium payment years
beginning in June 2005 is 4.60 percent
(i.e., 85 percent of the 5.41 percent
composite corporate bond rate for May
2005 as determined by the Treasury).
The following table lists the required
interest rates to be used in determining
variable-rate premiums for premium
payment years beginning between July
2004 and June 2005.
For premium payment years
beginning in:
July 2004 ..............................
August 2004 .........................
September 2004 ...................
October 2004 ........................
November 2004 ....................
December 2004 ....................
anuary 2005 ..........................
February 2005 ......................
March 2005 ...........................
April 2005 .............................
May 2005 ..............................
June 2005 .............................
The required
interest rate is:
5.25
5.10
4.95
4.79
4.73
4.75
4.73
4.66
4.56
4.78
4.72
4.60
Multiemployer Plan Valuations
Following Mass Withdrawal
The PBGC’s regulation on Duties of
Plan Sponsor Following Mass
Withdrawal (29 CFR part 4281)
prescribes the use of interest
assumptions under the PBGC’s
regulation on Allocation of Assets in
Single-Employer Plans (29 CFR part
4044). The interest assumptions
applicable to valuation dates in July
2005 under part 4044 are contained in
an amendment to part 4044 published
elsewhere in today’s Federal Register.
E:\FR\FM\15JNN1.SGM
15JNN1
Agencies
[Federal Register Volume 70, Number 114 (Wednesday, June 15, 2005)]
[Notices]
[Page 34801]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-11788]
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NATIONAL FOUNDATION ON THE ARTS AND HUMANITIES
SES Performance Review Board
AGENCY: National Endowment for the Arts.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: Notice is hereby given of the names and members of the
Performance Review Board for the National Endowment for the Arts. This
notice supersedes all previous notices of the PRB membership of the
Agency.
DATES: Upon publication.
FOR FURTHER INFORMATION CONTACT: Craig McCord, Director of Human
Resources, National Endowment for the Arts, 1100 Pennsylvania Avenue,
NW., Room 627, Washington, DC 20506, (202) 682-5473.
SUPPLEMENTARY INFORMATION: Sec. 4314(c)(1) through (5) of Title 5,
U.S.C., requires each agency to establish, in accordance with
regulations prescribed by the Office of Personnel Management, one or
more SES Performance Review Boards. The Board shall review and evaluate
the initial appraisal of a senior executive's performance by the
supervisor, along with any response by the senior executive, and make
recommendations to the appointing authority relative to the performance
of the senior executive.
The following persons have been selected to serve on the
Performance Review Board of the National Endowment for the Arts:
Eileen B. Mason, Senior Deputy Chairman.
Laurence M. Baden, Deputy Chairman for Management and Budget.
Tony Chauveaux, Deputy Chairman for Grants and Awards.
Ann Guthrie Hingston, Director of the Office of Government Affairs.
Michael R. Burke, Chief Information Officer.
James F. McDermott, Deputy Director, Office of Human Resources U.S.
Nuclear Regulatory Commission.
Murray R. Welsh,
Director of Administrative Services, National Endowment for the Arts.
[FR Doc. 05-11788 Filed 6-14-05; 8:45 am]
BILLING CODE 7536-01-M