Proposed Collection; Comment Request, 77199 [E5-8050]
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Federal Register / Vol. 70, No. 249 / Thursday, December 29, 2005 / Notices
number 1212–0030; expires January 31,
2006). This voluntary collection of
information is a quarterly survey of
insurance company rates for pricing
annuity contracts. The survey is
conducted by the American Council of
Life Insurers for the PBGC. This notice
informs the public of the PBGC’s request
and solicits public comment on the
collection of information.
DATES: Comments should be submitted
by January 30, 2006.
ADDRESSES: Comments may be mailed to
the Office of Information and Regulatory
Affairs of the Office of Management and
Budget, Attn: Desk Officer for Pension
Benefit Guaranty Corporation,
Washington, DC 20503. Copies of the
request for extension (including the
collection of information) may be
obtained without charge by writing to
the PBGC’s Office of the General
Counsel, Disclosure Division, suite 11–
102, 1200 K Street, NW., Washington,
DC 20005–4026, or by visiting that
office or calling 202–326–4040 during
normal business hours. (TTY and TDD
users may call the Federal relay service
toll-free at 1–800–877–8339 and request
connection to 202–326–4040.)
FOR FURTHER INFORMATION CONTACT:
Thomas H. Gabriel, Attorney,
Legislative & Regulatory Department,
Pension Benefit Guaranty Corporation,
1200 K Street, NW., Washington, DC
20005–4026, 202–326–4024. (TTY and
TDD users may call the Federal relay
service toll-free at 1–800–877–8339 and
request connection to 202–326–4024).
SUPPLEMENTARY INFORMATION: The
Pension Benefit Guaranty Corporation’s
regulations prescribe actuarial valuation
methods and assumptions (including
interest rate assumptions) to be used in
determining the actuarial present value
of benefits under single-employer plans
that terminate (29 CFR Part 4044) and
under multiemployer plans that
undergo a mass withdrawal of
contributing employers (29 CFR Part
4281). Each month the PBGC publishes
the interest rates to be used under those
regulations for plans terminating or
undergoing mass withdrawal during the
next month.
The interest rates are intended to
reflect current conditions in the
investment and annuity markets. To
determine these interest rates, the PBGC
gathers pricing data from insurance
companies that are providing annuity
contracts to terminating pension plans
through a quarterly ‘‘Survey of
Nonparticipating Single Premium Group
Annuity Rates.’’ The survey is
distributed by the American Council of
Life Insurers and provides the PBGC
with ‘‘blind’’ data (i.e., is conducted in
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such a way that the PBGC is unable to
match responses with the companies
that submitted them). The information
from the survey is also used by the
PBGC in determining the interest rates
it uses to value benefits payable to
participants and beneficiaries in PBGCtrusteed plans for purposes of the
PBGC’s financial statements.
The survey is directed at insurance
companies that have volunteered to
participate, most or all of which are
members of the American Council of
Life Insurers. The survey is conducted
quarterly and will be sent to
approximately 22 insurance companies.
Based on experience under the current
approval, the PBGC estimates that 11
insurance companies will complete and
return the survey. The PBGC further
estimates that the average annual
burden of this collection of information
is 41 hours and $110.
The collection of information has
been approved by OMB under control
number 1212–0030 through January 31,
2006. The PBGC is requesting that OMB
extend its approval for another three
years. 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.
Issued in Washington, DC, this 19th day of
December, 2005.
Rick Hartt,
Chief Technology Officer, Pension Benefit
Guaranty Corporation.
[FR Doc. E5–8006 Filed 12–28–05; 8:45 am]
BILLING CODE 7708–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon written request, copies available
from: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
Extension:
Rule 22d–1, Sec File No. 270–275, OMB
Control No. 3235–0310.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
[44 U.S.C. 3501–3520], the Securities
and Exchange Commission (the
‘‘Commission’’) is soliciting comments
on the collections of information
summarized below. The Commission
plans to submit these existing
collections of information to the Office
of Management and Budget (‘‘OMB’’) for
extension and approval.
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77199
Rule 22d–1 [17 CFR 270.22d–1] under
the Investment Company Act of 1940
(the ‘‘Act’’) provides registered
investment companies that issue
redeemable securities (‘‘funds’’) an
exemption from section 22(d) of the
Investment Company Act to the extent
necessary to permit scheduled
variations in or elimination of the sales
load on fund securities for particular
classes of investors or transactions,
provided certain conditions are met.
The rule imposes an annual burden per
series of a fund of approximately 15
minutes, so that the total annual burden
for the approximately 5,015 series of
funds that might rely on the rule is
estimated to be 1,254 hours.
The estimate of average burden hours
is made solely for the purposes of the
Paperwork Reduction Act, and is not
derived from a comprehensive or even
a representative survey or study. 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.
Written comments are requested on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information has practical utility; (b) the
accuracy of the Commission’s estimate
of the burden[s] of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology. Consideration will be given
to comments and suggestions submitted
in writing within 60 days of this
publication.
Please direct your written comments
to R. Corey Booth, Director/Chief
Information Officer, Office of
Information Technology, Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549.
Dated: December 20, 2005.
Jonathan G. Katz,
Secretary.
[FR Doc. E5–8050 Filed 12–28–05; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange,
Commission Office of Filings and
E:\FR\FM\29DEN1.SGM
29DEN1
]]>Agencies
[Federal Register Volume 70, Number 249 (Thursday, December 29, 2005)]
[Notices]
[Page 77199]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-8050]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon written request, copies available from: Securities and Exchange
Commission, Office of Filings and Information Services, Washington, DC
20549.
Extension:
Rule 22d-1, Sec File No. 270-275, OMB Control No. 3235-0310.
Notice is hereby given that pursuant to the Paperwork Reduction Act
of 1995 [44 U.S.C. 3501-3520], the Securities and Exchange Commission
(the ``Commission'') is soliciting comments on the collections of
information summarized below. The Commission plans to submit these
existing collections of information to the Office of Management and
Budget (``OMB'') for extension and approval.
Rule 22d-1 [17 CFR 270.22d-1] under the Investment Company Act of
1940 (the ``Act'') provides registered investment companies that issue
redeemable securities (``funds'') an exemption from section 22(d) of
the Investment Company Act to the extent necessary to permit scheduled
variations in or elimination of the sales load on fund securities for
particular classes of investors or transactions, provided certain
conditions are met. The rule imposes an annual burden per series of a
fund of approximately 15 minutes, so that the total annual burden for
the approximately 5,015 series of funds that might rely on the rule is
estimated to be 1,254 hours.
The estimate of average burden hours is made solely for the
purposes of the Paperwork Reduction Act, and is not derived from a
comprehensive or even a representative survey or study. 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.
Written comments are requested on: (a) Whether the collection of
information is necessary for the proper performance of the functions of
the Commission, including whether the information has practical
utility; (b) the accuracy of the Commission's estimate of the burden[s]
of the collection of information; (c) ways to enhance the quality,
utility, and clarity of the information collected; and (d) ways to
minimize the burden of the collection of information on respondents,
including through the use of automated collection techniques or other
forms of information technology. Consideration will be given to
comments and suggestions submitted in writing within 60 days of this
publication.
Please direct your written comments to R. Corey Booth, Director/
Chief Information Officer, Office of Information Technology, Securities
and Exchange Commission, 100 F Street, NE., Washington, DC 20549.
Dated: December 20, 2005.
Jonathan G. Katz,
Secretary.
[FR Doc. E5-8050 Filed 12-28-05; 8:45 am]
BILLING CODE 8010-01-P
