Duties of Plan Sponsor Following Mass Withdrawal, 39205-39206 [E6-10919]
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Federal Register / Vol. 71, No. 133 / Wednesday, July 12, 2006 / Rules and Regulations
SUMMARY: The Food and Drug
Administration (FDA) is amending the
animal drug regulations to reflect
approval of an abbreviated new animal
drug application (ANADA) filed by Ivy
Laboratories, Div. of Ivy Animal Health,
Inc. The ANADA provides for use of
single-ingredient Type A medicated
articles containing melengestrol,
lasalocid, and tylosin to make three-way
combination drug Type C medicated
feeds for heifers fed in confinement for
slaughter.
DATES: This rule is effective July 12,
2006.
FOR FURTHER INFORMATION CONTACT:
Daniel A. Benz, Center for Veterinary
Medicine (HFV–104), Food and Drug
Administration, 7500 Standish Pl.,
Rockville, MD 20855, 301–827–0223, email: daniel.benz@fda.hhs.gov.
SUPPLEMENTARY INFORMATION: Ivy
Laboratories, Div. of Ivy Animal Health,
Inc., 8857 Bond St., Overland Park, KS
66214, filed ANADA 200–430 for use of
HEIFERMAX 500 (melengestrol acetate)
Liquid Premix, BOVATEC (lasalocid),
and TYLAN (tylosin phosphate) singleingredient Type A medicated articles to
make dry and liquid, three-way
combination drug Type C medicated
feeds for heifers fed in confinement for
slaughter. Ivy Laboratories’ ANADA
200–430 is approved as a generic copy
of NADA 138–992, sponsored by
Pharmacia and Upjohn Co., a Division
of Pfizer, Inc., for combination use of
MGA 500 (melengestrol acetate) Liquid
Premix, BOVATEC, and TYLAN in
cattle feed. The application is approved
as of June 1, 2006, and the regulations
are amended in 21 CFR 558.342 to
reflect the approval. The basis of
approval is discussed in freedom of
information summary.
In accordance with the freedom of
information provisions of 21 CFR part
20 and 21 CFR 514.11(e)(2)(ii), a
summary of safety and effectiveness
data and information submitted to
support approval of this application
may be seen in the Division of Dockets
Management (HFA–305), Food and Drug
Administration, 5630 Fishers Lane, rm.
1061, Rockville, MD 20852, between 9
a.m. and 4 p.m., Monday through
Friday.
The agency has determined under 21
CFR 25.33(a)(2) that this action is of a
type that does not individually or
cumulatively have a significant effect on
the human environment. Therefore,
neither an environmental assessment
nor an environmental impact statement
is required.
This rule does not meet the definition
of ‘‘rule’’ in 5 U.S.C. 804(3)(A) because
it is a rule of ‘‘particular applicability.’’
VerDate Aug<31>2005
16:27 Jul 11, 2006
Jkt 208001
Therefore, it is not subject to the
congressional review requirements in 5
U.S.C. 801–808.
List of Subject in 21 CFR Part 558
Animal drugs, Animal feeds.
I Therefore, under the Federal Food,
Drug, and Cosmetic Act and under
authority delegated to the Commissioner
of Food and Drugs and redelegated to
the Center for Veterinary Medicine, 21
CFR part 558 is amended as follows:
PART 558—NEW ANIMAL DRUGS FOR
USE IN ANIMAL FEEDS
1. The authority citation for 21 CFR
part 558 continues to read as follows:
I
Authority: 21 U.S.C. 360b, 371.
§ 558.342
[Amended]
2. In § 558.342, amend the table in
paragraph (e)(1)(iv) in the ‘‘Sponsor’’
column by adding in numerical
sequence ‘‘021641’’.
I
Dated: June 23, 2006.
Stephen F. Sundlof,
Director, Center for Veterinary Medicine.
[FR Doc. E6–10878 Filed 7–11–06; 8:45 am]
BILLING CODE 4160–01–S
PENSION BENEFIT GUARANTY
CORPORATION
29 CFR Part 4281
RIN 1212–AA55
Duties of Plan Sponsor Following
Mass Withdrawal
Pension Benefit Guaranty
Corporation.
ACTION: Final rule; technical
amendment.
AGENCY:
SUMMARY: This document amends part
4281 (Duties of Plan Sponsor Following
Mass Withdrawal) to make technical
changes to conform to amendments
made to part 4044 (Allocation of Assets
in Single-Employer Plans) in a final rule
published in the Federal Register on
December 2, 2005. That final rule
updated PBGC’s mortality tables used
for certain valuations for singleemployer plans. Part 4281, which
provides rules for valuing benefits in
multiemployer plans following mass
withdrawal, refers to the mortality
tables in part 4044. Technical
amendments are needed to conform the
references in part 4281 to the changes in
part 4044.
FOR FURTHER INFORMATION CONTACT: John
H. Hanley, Director, or James L. Beller,
Jr., Attorney, Legislative and Regulatory
Department, PBGC, 1200 K Street, NW.,
PO 00000
Frm 00003
Fmt 4700
Sfmt 4700
39205
Washington, DC 20005–4026; 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.)
DATES:
Effective July 12, 2006.
On
December 2, 2005, at 70 FR 72205,
PBGC published a final rule modifying
part 4044 of its regulations (Allocation
of Assets in Single Employer Plans) to
update the mortality tables in Appendix
A. Part 4281 (Duties of Plan Sponsor
Following Mass Withdrawal) refers to
those mortality tables. Because
conforming changes to those references
in part 4281 were inadvertently omitted,
those references are no longer accurate.
However, the correct references are
obvious.
The mortality assumptions used for
valuations under part 4281 mirror the
assumptions in part 4044. The mortality
assumptions in the two parts were
updated at the same time in a final rule
published in 1993. The preamble to the
associated proposed rule stated: ‘‘The
multiemployer regulation will be
simultaneously amended so that the
same mortality, loading, and interest
assumptions will be employed to
determine the values of benefits under
multiemployer plans after a mass
withdrawal.’’ 58 FR at 5132 (January 19,
1993). Thus, it is clear there was no
intent to change this correlation when
the mortality tables in part 4044 were
updated in 2005. It is necessary to use
the updated mortality tables under part
4281 in order to avoid inappropriate
benefit valuations under that part.
Because this rule conforms part 4281
in a way that was obviously intended
when part 4044 was amended by the
final rule published in the Federal
Register on December 2, 2005, at 70 FR
72206, PBGC finds good cause to issue
this technical amendment without prior
proposal and opportunity for public
comment and without a 30-day delayed
effective date.
SUPPLEMENTARY INFORMATION:
List of Subjects in 29 CFR Part 4281
Employee benefit plans, Pensions.
For the reasons set forth above, PBGC
amends part 4281 of 29 CFR chapter XL
as follows:
I
PART 4281—DUTIES OF PLAN
SPONSOR FOLLOWING MASS
WITHDRAWAL
1. The authority citation for part 4281
continues to read as follows:
I
Authority: 29 U.S.C. 1302(b)(3), 1341a,
1399(c)(1)(D), and 1441.
E:\FR\FM\12JYR1.SGM
12JYR1
39206
Federal Register / Vol. 71, No. 133 / Wednesday, July 12, 2006 / Rules and Regulations
2. Amend § 4281.14 by revising
paragraphs (c)(1), (c)(2), (d)(1), (d)(2),
and (e) to read as follows:
I
§ 4281.14
Mortality assumptions.
wwhite on PROD1PC61 with RULES
*
*
*
*
*
(c) Mortality rates for healthy lives.
* * *
(1) For male participants, the rates in
Table 1 of Appendix A to part 4044 of
this chapter projected from 1994 to the
calendar year in which the valuation
date occurs plus 10 years using Scale
AA from Table 2 of Appendix A to part
4044 of this chapter; and
(2) For female participants, the rates
in Table 3 of Appendix A to part 4044
of this chapter projected from 1994 to
the calendar year in which the valuation
date occurs plus 10 years using Scale
AA from Table 4 of Appendix A part
4044 of this chapter.
(d) Mortality rates for disabled lives
(other than Social Security disability).
* * *
(1) For male participants, the lesser
of—
(i) The rate determined from Table 1
of Appendix A to part 4044 of this
chapter projected from 1994 to the
calendar year in which the valuation
date occurs plus 10 years using Scale
AA from Table 2 of Appendix A to part
4044 of this chapter and setting the
resulting table forward three years, or
(ii) The rate in Table 5 of Appendix
A to part 4044 of this chapter.
(2) For female participants, the lesser
of—
(i) The rate determined from Table 3
of Appendix A to part 4044 of this
chapter projected from 1994 to the
calendar year in which the valuation
date occurs plus 10 years using Scale
AA from Table 4 of Appendix A to part
4044 of this chapter and setting the
resulting table forward three years, or
(ii) The rate in Table 6 of Appendix
A to part 4044 of this chapter.
(e) Mortality rates for disabled lives
(Social Security disability). The
mortality rates applicable to annuities in
pay status on the valuation date that are
being received as disability benefits and
for which either eligibility for, or receipt
of, Social Security disability benefits is
a prerequisite, are—
(1) For male participants, the rates in
Table 5 of Appendix A to part 4044 of
this chapter; and
(2) For female participants, the rates
in Table 6 of Appendix A to part 4044
of this chapter.
VerDate Aug<31>2005
16:27 Jul 11, 2006
Jkt 208001
Issued in Washington, DC, this 6th day of
July, 2006.
Vincent K. Snowbarger,
Acting Executive Director, Pension Benefit
Guaranty Corporation.
[FR Doc. E6–10919 Filed 7–11–06; 8:45 am]
BILLING CODE 7709–01–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Parts 1, 64, 72, 81, 89, 100, 101,
104, 120, 135, 146, 148, 151, 153, 154,
155, 156, 157, 160, 164, and 165
[USCG–2006–25150]
RIN 1625–ZA08
Navigation and Navigable Waters;
Technical, Organizational, and
Conforming Amendments
Coast Guard, DHS.
Final rule.
AGENCY:
ACTION:
This rule makes nonsubstantive changes throughout Title 33
of the Code of Federal Regulations. The
purpose of this rule is to make
conforming amendments and technical
corrections to Coast Guard navigation
and navigable water regulations. This
rule will have no substantive effect on
the regulated public.
DATES: This final rule is effective July
12, 2006.
ADDRESSES: Comments and material
received from the public, as well as
documents mentioned in this preamble
as being available in the docket, are part
of docket USCG–2006–25150 and are
available for inspection or copying at
the Docket Management Facility, U.S.
Department of Transportation, room PL–
401, 400 Seventh Street, SW.,
Washington, DC, between 9 a.m. and 5
p.m., Monday through Friday, except
Federal holidays. You may also find this
docket on the Internet at https://
dms.dot.gov.
SUMMARY:
If
you have questions on this rule, call Mr.
Ray Davis, Coast Guard, telephone 202–
372–1461. If you have questions on
viewing the docket, call Ms. Renee V.
Wright, Program Manager, Docket
Operations, telephone 202–493–0402.
SUPPLEMENTARY INFORMATION:
FOR FURTHER INFORMATION CONTACT:
Regulatory History
We did not publish a notice of
proposed rulemaking (NPRM) for this
regulation. Under both 5 U.S.C.
553(b)(A) and (b)(B), the Coast Guard
finds that this rule is exempt from
PO 00000
Frm 00004
Fmt 4700
Sfmt 4700
notice and comment rulemaking
requirements because these changes
involve agency organization and
practices, and good cause exists for not
publishing an NPRM for all revisions in
the rule because they are all nonsubstantive changes. This rule consists
only of corrections and editorial,
organizational, and conforming
amendments. These changes will have
no substantive effect on the public;
therefore, it is unnecessary to publish an
NPRM. Under 5 U.S.C. 553(d)(3), the
Coast Guard finds that, for the same
reasons, good cause exists for making
this rule effective less than 30 days after
publication in the Federal Register.
Background and Purpose
Each year Title 33 of the Code of
Federal Regulations is updated on July
1. This rule, which becomes effective
July 12, 2006, makes other technical and
editorial corrections throughout Title
33. This rule does not create any
substantive requirements.
Regulatory Evaluation
This rule is not a ‘‘significant
regulatory action’’ under section 3(f) of
Executive Order 12866, Regulatory
Planning and Review, and does not
require an assessment of potential costs
and benefits under section 6(a)(3) of that
Order. The Office of Management and
Budget has not reviewed it under that
Order. It is not ‘‘significant’’ under the
regulatory policies and procedures of
the Department of Homeland Security
(DHS). We expect the economic impact
of this rule to be so minimal that a full
Regulatory Evaluation under the
regulatory policies and procedures of
DHS is unnecessary. As this rule
involves internal agency practices and
procedures and non-substantive
changes, it will not impose any costs on
the public.
Small Entities
Under the Regulatory Flexibility Act
(5 U.S.C. 601–612), we have considered
whether this rule would have a
significant economic impact on a
substantial number of small entities.
The term ‘‘small entities’’ comprises
small businesses, not-for-profit
organizations that are independently
owned and operated and are not
dominant in their fields, and
governmental jurisdictions with
populations of less than 50,000. This
rule does not require a general NPRM
and, therefore, is exempt from the
requirements of the Regulatory
Flexibility Act. Although this rule is
exempt, we have reviewed it for
potential economic impact on small
entities.
E:\FR\FM\12JYR1.SGM
12JYR1
Agencies
[Federal Register Volume 71, Number 133 (Wednesday, July 12, 2006)]
[Rules and Regulations]
[Pages 39205-39206]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-10919]
=======================================================================
-----------------------------------------------------------------------
PENSION BENEFIT GUARANTY CORPORATION
29 CFR Part 4281
RIN 1212-AA55
Duties of Plan Sponsor Following Mass Withdrawal
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Final rule; technical amendment.
-----------------------------------------------------------------------
SUMMARY: This document amends part 4281 (Duties of Plan Sponsor
Following Mass Withdrawal) to make technical changes to conform to
amendments made to part 4044 (Allocation of Assets in Single-Employer
Plans) in a final rule published in the Federal Register on December 2,
2005. That final rule updated PBGC's mortality tables used for certain
valuations for single-employer plans. Part 4281, which provides rules
for valuing benefits in multiemployer plans following mass withdrawal,
refers to the mortality tables in part 4044. Technical amendments are
needed to conform the references in part 4281 to the changes in part
4044.
FOR FURTHER INFORMATION CONTACT: John H. Hanley, Director, or James L.
Beller, Jr., Attorney, Legislative and Regulatory Department, PBGC,
1200 K Street, NW., Washington, DC 20005-4026; 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.)
DATES: Effective July 12, 2006.
SUPPLEMENTARY INFORMATION: On December 2, 2005, at 70 FR 72205, PBGC
published a final rule modifying part 4044 of its regulations
(Allocation of Assets in Single Employer Plans) to update the mortality
tables in Appendix A. Part 4281 (Duties of Plan Sponsor Following Mass
Withdrawal) refers to those mortality tables. Because conforming
changes to those references in part 4281 were inadvertently omitted,
those references are no longer accurate. However, the correct
references are obvious.
The mortality assumptions used for valuations under part 4281
mirror the assumptions in part 4044. The mortality assumptions in the
two parts were updated at the same time in a final rule published in
1993. The preamble to the associated proposed rule stated: ``The
multiemployer regulation will be simultaneously amended so that the
same mortality, loading, and interest assumptions will be employed to
determine the values of benefits under multiemployer plans after a mass
withdrawal.'' 58 FR at 5132 (January 19, 1993). Thus, it is clear there
was no intent to change this correlation when the mortality tables in
part 4044 were updated in 2005. It is necessary to use the updated
mortality tables under part 4281 in order to avoid inappropriate
benefit valuations under that part.
Because this rule conforms part 4281 in a way that was obviously
intended when part 4044 was amended by the final rule published in the
Federal Register on December 2, 2005, at 70 FR 72206, PBGC finds good
cause to issue this technical amendment without prior proposal and
opportunity for public comment and without a 30-day delayed effective
date.
List of Subjects in 29 CFR Part 4281
Employee benefit plans, Pensions.
0
For the reasons set forth above, PBGC amends part 4281 of 29 CFR
chapter XL as follows:
PART 4281--DUTIES OF PLAN SPONSOR FOLLOWING MASS WITHDRAWAL
0
1. The authority citation for part 4281 continues to read as follows:
Authority: 29 U.S.C. 1302(b)(3), 1341a, 1399(c)(1)(D), and 1441.
[[Page 39206]]
0
2. Amend Sec. 4281.14 by revising paragraphs (c)(1), (c)(2), (d)(1),
(d)(2), and (e) to read as follows:
Sec. 4281.14 Mortality assumptions.
* * * * *
(c) Mortality rates for healthy lives. * * *
(1) For male participants, the rates in Table 1 of Appendix A to
part 4044 of this chapter projected from 1994 to the calendar year in
which the valuation date occurs plus 10 years using Scale AA from Table
2 of Appendix A to part 4044 of this chapter; and
(2) For female participants, the rates in Table 3 of Appendix A to
part 4044 of this chapter projected from 1994 to the calendar year in
which the valuation date occurs plus 10 years using Scale AA from Table
4 of Appendix A part 4044 of this chapter.
(d) Mortality rates for disabled lives (other than Social Security
disability). * * *
(1) For male participants, the lesser of--
(i) The rate determined from Table 1 of Appendix A to part 4044 of
this chapter projected from 1994 to the calendar year in which the
valuation date occurs plus 10 years using Scale AA from Table 2 of
Appendix A to part 4044 of this chapter and setting the resulting table
forward three years, or
(ii) The rate in Table 5 of Appendix A to part 4044 of this
chapter.
(2) For female participants, the lesser of--
(i) The rate determined from Table 3 of Appendix A to part 4044 of
this chapter projected from 1994 to the calendar year in which the
valuation date occurs plus 10 years using Scale AA from Table 4 of
Appendix A to part 4044 of this chapter and setting the resulting table
forward three years, or
(ii) The rate in Table 6 of Appendix A to part 4044 of this
chapter.
(e) Mortality rates for disabled lives (Social Security
disability). The mortality rates applicable to annuities in pay status
on the valuation date that are being received as disability benefits
and for which either eligibility for, or receipt of, Social Security
disability benefits is a prerequisite, are--
(1) For male participants, the rates in Table 5 of Appendix A to
part 4044 of this chapter; and
(2) For female participants, the rates in Table 6 of Appendix A to
part 4044 of this chapter.
Issued in Washington, DC, this 6th day of July, 2006.
Vincent K. Snowbarger,
Acting Executive Director, Pension Benefit Guaranty Corporation.
[FR Doc. E6-10919 Filed 7-11-06; 8:45 am]
BILLING CODE 7709-01-P