Sunshine Act Meeting; Board of Directors Meeting, 60379-60380 [05-20872]

Download as PDF Federal Register / Vol. 70, No. 199 / Monday, October 17, 2005 / Notices dry cask storage system at PNP. However, since NMC does not have an NRC-approved methodology for evaluating changes to the analyses or systems supporting this exemption request, the NRC staff’s approval of the exemption is restricted to those specific design and operating conditions described in NMC’s June 21, 2005, exemption request. NMC may not apply the 10 CFR 50.59 process for evaluating changes to specific exemptions. Any changes to the design or operation of (1) the dry cask storage system; (2) the SFP; (3) the fuel assemblies to be stored; (4) the boron dilution analyses; or (5) supporting procedures and controls, regardless of whether they are approved under the general Part 72 license or perceived to be conservative, will invalidate this exemption. Upon invalidation of the exemption, NMC will be required to comply with NRC regulations prior to future cask loadings. Based upon the review of NMC’s exemption request to credit soluble boron during DSC loading, unloading, and handling in PNP’s SFP, the NRC staff concludes that pursuant to 10 CFR 50.12(a)(2)(iii), NMC’s exemption request is acceptable. However, the NRC staff places the following limitations/ conditions on the approval of this exemption: 1. This exemption is limited to the loading, unloading, and handling of the DSC for only the TN NUHOMS-32PT at the PNP. 2. This exemption is limited to the loading, unloading, and handling in the DSC at PNP of Combustion Engineering 15 x 15 fuel assemblies, without burnable poison rod assemblies, that had maximum initial, unirradiated U– 235 enrichments less than 3.6 weight percent. 3. This exemption is limited to the one-time only loading, unloading, and handling of the 7 TN NUHOMS-32PT cask systems (224 assemblies total) scheduled for the October 2005 cask loading campaign at PNP. 4. If NMC submits a LAR by July 31, 2006, this exemption will remain in effect until such time as the NRC staff either approves or denies the LAR. In this case, the NRC staff finds it acceptable to leave the exemption in effect because it will allow NMC to unload any previously loaded cask should it become necessary. However, if NMC does not submit a license amendment by July 31, 2006, this exemption will expire, and NMC will not be able to load, unload, or handle DSCs in the SFP. In its exemption supplement, NMC committed to complete supporting criticality analyses and submit a LAR to allow credit for VerDate Aug<31>2005 19:26 Oct 14, 2005 Jkt 208001 burnup to meet the requirements of 10 CFR 50.68(b)(1) in July 2006 or earlier. 5. During DSC loading, unloading, and handling at PNP, the SFP soluble boron concentration must be greater than or equal to 2500 ppm at all times. Pursuant to 10 CFR 51.32, the Commission has determined that the granting of this exemption will not have a significant effect on the quality of the human environment (70 FR 57899). This exemption is effective upon issuance. Dated at Rockville, Maryland, this 6th day of October 2005. For the Nuclear Regulatory Commission. Ledyard B. Marsh, Director, Division of Licensing Project Management, Office of Nuclear Reactor Regulation. [FR Doc. E5–5689 Filed 10–14–05; 8:45 am] BILLING CODE 7590–01–P 60379 OVERSEAS PRIVATE INVESTMENT CORPORATION October 20, 2005 Public Hearing OPIC’s Sunshine Act notice of its Public Hearing in Conjunction with each Board meeting was published in the Federal Register (Volume 70, Number 187, Page 56746) on September 28, 2005. No requests were received to provide testimony or submit written statements for the record; therefore, OPIC’s public hearing in conjunction with OPIC’s October 27, 2005 Board of Directors meeting scheduled for 2 p.m. on October 20, 2005 has been cancelled. Contact Person for Information: Information on the hearing cancellation may be obtained from Connie M. Downs at (202) 336–8438, via facsimile at (202) 218–0136, or via e-mail at cdown@opic.gov. NUCLEAR REGULATORY COMMISSION Dated: September 1, 2005. Connie M. Downs, OPIC Corporate Secretary. [FR Doc. 05–20805 Filed 10–13–05; 12:10 pm] [Docket No. 50–255] BILLING CODE 3210–01–M Nuclear Management Company, Palisades Plant; Notice of Correction to Individual Notice for Environmental Assessment and Finding of No Significant Impact OVERSEAS PRIVATE INVESTMENT CORPORATION Nuclear Regulatory Commission. October 27, 2005. AGENCY: ACTION: Notice of issuance; correction. SUMMARY: This document corrects a notice appearing in the Federal Register on October 4, 2005 (70 FR 57899), that incorrectly referred to Dominion Nuclear Connecticut, Inc. This action is necessary to correct the erroneous information. L. Mark Padovan, Project Manager, Office of Nuclear Reactor Regulation, U.S. Nuclear Regulatory Commission, Washington, DC 20555–0001; telephone (301) 415–1423, e-mail lmp@nrc.gov. FOR FURTHER INFORMATION CONTACT: On page 1, the title is corrected to read from ‘‘Dominion Nuclear Connecticut, Inc.’’ to ‘‘Nuclear Management Company.’’ SUPPLEMENTARY INFORMATION: Dated in Rockville, Maryland, this 6th day of October 2005. For the Nuclear Regulatory Commission. L. Raghavan, Chief, Section 1, Project Directorate III, Division of Licensing Project Management, Office of Nuclear Reactor Regulation. [FR Doc. E5–5690 Filed 10–14–05; 8:45 am] BILLING CODE 7590–01–P PO 00000 Frm 00108 Fmt 4703 Sfmt 4703 Sunshine Act Meeting; Board of Directors Meeting Thursday, October 27, 2005, 10 a.m. (Open Portion). 10:15 a.m. (Closed Portion). TIME AND DATE: Offices of the Corporation, Twelfth Floor Board Room, 1100 New York Avenue, NW., Washington, DC. PLACE: Meeting open to the Public from 10 a.m. to 10:15 a.m. closed portion will commence at 10:15 a.m. (approx.). STATUS: MATTERS TO BE CONSIDERED: 1. President’s Report. 2. Testimonial. 3. Approval of September 15, 2005 Minutes (Open Portion). FURTHER MATTERS TO BE CONSIDERED: (Closed to the Public 10:15 a.m.) 1. Insurance Project—Peru. 2. Approval of September 15, 2005 Minutes (Closed Portion). 3. Pending Major Projects. 4. Reports. FOR FURTHER INFORMATION CONTACT: Information on the meeting may be obtained from Connie M. Downs at (202) 336–8438. E:\FR\FM\17OCN1.SGM 17OCN1 60380 Federal Register / Vol. 70, No. 199 / Monday, October 17, 2005 / Notices Dated: September 1, 2005. Connie M. Downs, Corporate Secretary, Overseas Private Investment Corporation. [FR Doc. 05–20872 Filed 10–13–05; 3:46 am] BILLING CODE 3210–01–M PENSION BENEFIT GUARANTY CORPORATION Proposed Submission of Information Collection for OMB Review; Comment Request; Qualified Domestic Relations Orders Submitted to the PBGC Pension Benefit Guaranty Corporation. ACTION: Notice of intention to request OMB approval of revisions to, and extension of, a currently approved information collection. AGENCY: SUMMARY: The Pension Benefit Guaranty Corporation (‘‘PBGC’’) intends to request that the Office of Management and Budget (‘‘OMB’’) approve, under the Paperwork Reduction Act, revisions to an information collection (OMB control number 1212–0054; expires December 31, 2006) relating to model forms contained in the PBGC booklet, Divorce Orders & PBGC. (The PBGC is changing the title of the booklet to Qualified Domestic Relations Orders & PBGC.) In addition, the PBGC is requesting 3-year approval of the revised collection of information. The booklet provides guidance on how to submit a proper qualified domestic relations order (a ‘‘QDRO’’) to the PBGC. The revisions reflect changes in how the PBGC pays benefits. This notice informs the public of the PBGC’s intent and solicits public comment on the collection of information. Comments must be submitted by December 16, 2005. ADDRESSES: Comments may be mailed to the Legislative and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K Street, NW., Washington, DC 20005–4026, or delivered to Suite 340 at that address during normal business hours. Comments also may be submitted by email to paperwork.comments@pbgc.gov, or by fax to 202–326–4112. The PBGC will make all comments available on its Web site at https://www.pbgc.gov. Copies of the collections of information may be obtained without charge by writing to the PBGC’s Communications and Public Affairs Department at Suite 240 at the above address or by visiting that office or calling 202–326–4040 during normal business hours. (TTY and TDD users DATES: VerDate Aug<31>2005 15:43 Oct 14, 2005 Jkt 208001 may call the Federal relay service tollfree at 1–800–877–8339 and ask to be connected to 202–326–4040.) The reportable events regulations, forms, and instructions may be accessed on the PBGC’s Web site at https:// www.pbgc.gov. FOR FURTHER INFORMATION CONTACT: James L. Beller, Jr., Attorney, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K Street, NW., Washington, DC 20005– 4026, 202–326–4024. (For TTY/TDD users, call the Federal relay service tollfree at 1–800–877–8339 and ask to be connected to 202–326–4024.) SUPPLEMENTARY INFORMATION: The PBGC intends to request paperwork approval relating to model forms contained in the PBGC booklet, Divorce Orders & PBGC. Although the collection of information has been approved by OMB under control number 1212–0054 through December 31, 2006, the PBGC is revising the model QDRO forms and accompanying guidance to reflect changes in how it pays benefits. In addition, the PBGC is changing the title of the booklet to Qualified Domestic Relations Orders & PBGC and requesting 3-year approval of the revised QDRO forms and accompanying guidance. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number. A defined benefit pension plan that does not have enough money to pay benefits may be terminated if the employer responsible for the plan faces severe financial difficulty, such as bankruptcy, and is unable to maintain the plan. In such an event, the PBGC becomes trustee of the plan and pays benefits, subject to legal limits, to plan participants and beneficiaries. The benefits of a pension plan participant generally may not be assigned or alienated. Title I of ERISA provides an exception for domestic relations orders that relate to child support, alimony payments, or marital property rights of an alternate payee (a spouse, former spouse, child, or other dependent of a plan participant). The exception applies only if the domestic relations order meets specific legal requirements that make it a qualified domestic relations order. When the PBGC is trustee of a plan, it reviews submitted domestic relations orders to determine whether the order is qualified before paying benefits to an alternate payee. The requirements for submitting a QDRO are established by statute. The models and the guidance assist parties by making it easier to PO 00000 Frm 00109 Fmt 4703 Sfmt 4703 comply with ERISA’s QDRO requirements in plans trusteed by the PBGC; they do not create any additional requirements and result in a reduction of the statutory burden. In April of 2002, the PBGC revised its regulations to make several changes in how it pays benefits, including giving participants more choices of annuity benefit forms, clarifying (for certain purposes under Title IV of ERISA) what it means to be able to ‘‘retire’’ under plan provisions, and adding rules on who will get certain payments the PBGC owes to a participant at the time of death. See 67 FR 16950, April 8, 2002. Many of these changes may affect qualified domestic relations orders submitted to the PBGC and, therefore, necessitate a number of revisions to the model QDROs and accompanying guidance. The PBGC estimates that it will receive 875 QDROs each year from prospective alternate payees; that the average burden of preparing a QDRO with the assistance of the guidance and model QDROs in PBGC’s booklet will be 1⁄4 hour of the alternate payee’s time and $734 in professional fees if the alternate payee hires an attorney or other professional to prepare the QDRO, or 10 hours of the alternate payee’s time if the alternate payee prepares the QDRO without hiring an attorney or other professional; and that the total annual burden will be 1067 hours and $578,600. The PBGC is soliciting public comments to— • Evaluate whether the proposed collections of information are necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; • Evaluate the accuracy of the agency’s estimate of the burden of the proposed collections of information, including the validity of the methodologies and assumptions used; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collections 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 submission of responses. E:\FR\FM\17OCN1.SGM 17OCN1

Agencies

[Federal Register Volume 70, Number 199 (Monday, October 17, 2005)]
[Notices]
[Pages 60379-60380]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-20872]


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OVERSEAS PRIVATE INVESTMENT CORPORATION


Sunshine Act Meeting; Board of Directors Meeting

October 27, 2005.

TIME AND DATE: Thursday, October 27, 2005, 10 a.m. (Open Portion). 
10:15 a.m. (Closed Portion).

PLACE: Offices of the Corporation, Twelfth Floor Board Room, 1100 New 
York Avenue, NW., Washington, DC.

STATUS: Meeting open to the Public from 10 a.m. to 10:15 a.m. closed 
portion will commence at 10:15 a.m. (approx.).

MATTERS TO BE CONSIDERED:
    1. President's Report.
    2. Testimonial.
    3. Approval of September 15, 2005 Minutes (Open Portion).

FURTHER MATTERS TO BE CONSIDERED: (Closed to the Public 10:15 a.m.)
    1. Insurance Project--Peru.
    2. Approval of September 15, 2005 Minutes (Closed Portion).
    3. Pending Major Projects.
    4. Reports.

FOR FURTHER INFORMATION CONTACT: Information on the meeting may be 
obtained from Connie M. Downs at (202) 336-8438.


[[Page 60380]]


    Dated: September 1, 2005.
Connie M. Downs,
Corporate Secretary, Overseas Private Investment Corporation.
[FR Doc. 05-20872 Filed 10-13-05; 3:46 am]
BILLING CODE 3210-01-M
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