Notice and Order, 33261-33262 [E7-11466]

Download as PDF Federal Register / Vol. 72, No. 115 / Friday, June 15, 2007 / Notices ‘‘applicable percentage’’ 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 (the ‘‘premium payment year’’). On February 2, 2007 (at 72 FR 4955), the Internal Revenue Service (IRS) published final regulations containing updated mortality tables for determining current liability under section 412(l)(7) of the Code and section 302(d)(7) of ERISA for plan years beginning on or after January 1, 2007. As a result, in accordance with section 4006(a)(3)(E)(iii)(II) of ERISA, the ‘‘applicable percentage’’ to be used in determining the required interest rate for plan years beginning in 2007 is 100 percent. The required interest rate to be used in determining variable-rate premiums for premium payment years beginning in June 2007 is 6.01 percent (i.e., 100 percent of the 6.01 percent composite corporate bond rate for May 2007 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 2006 and June 2007. Issued in Washington, DC, on this 12th day of June 2007. John H. Hanley, Director, Legislative and Regulatory Department Pension Benefit Guaranty Corporation. [FR Doc. E7–11560 Filed 6–14–07; 8:45 am] BILLING CODE 7709–01–P POSTAL REGULATORY COMMISSION [Docket No. RM2007–1; Order No. 19] Notice and Order Postal Regulatory Commission. Notice of field hearings. AGENCY: ACTION: SUMMARY: Recent legislation alters the postal ratemaking process, and tasks the Postal Regulatory Commission to develop regulations to implement this process. This notice informs the public of field hearings that will be held to guide this process. DATES: 1. June 22, 2007: field hearing, Kansas City, MO (10 a.m.). 2. June 28, 2007: field hearing, Los Angeles, CA. 3. July 9, 2007: field hearing, Wilmington, DE. ADDRESSES: Submit comments electronically via the Commission’s Filing Online system at http:// www.prc.gov. Ann Fisher, chief of staff, 202–789–6820 and ann.fisher@prc.gov, or Judy Grady, special assistant to the Chairman, 202– 5.36 5.36 789–6898 and judith.grady@prc.gov 5.19 (logistics). FOR FURTHER INFORMATION CONTACT: For premium payment years beginning in: The required interest rate is: July 2006 .......................... August 2006 ..................... September 2006 ............... October 2006 .................... November 2006 ................ December 2006 ................ January 2007 .................... February 2007 .................. March 2007 ....................... April 2007 ......................... May 2007 .......................... June 2007 ......................... 5.06 5.05 4.90 5.75 5.89 5.85 5.84 5.98 6.01 jlentini on PROD1PC65 with NOTICES 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 2007 under part 4044 are contained in an amendment to part 4044 published elsewhere in today’s Federal Register. Tables showing the assumptions applicable to prior periods are codified in appendix B to 29 CFR part 4044. VerDate Aug<31>2005 19:26 Jun 14, 2007 Jkt 211001 SUPPLEMENTARY INFORMATION: Regulatory History 1. 72 FR 5230 (February 5, 2007). 2. 72 FR 29284 (May 25, 2007). I. Introduction The Postal Accountability and Enhancement Act (PAEA) was enacted December 20, 2006.1 The new law replaces the approach that has guided postal ratemaking and classification since 1970 with a comprehensive new framework. It charges the Postal Regulatory Commission (Commission) with developing a modern system of rate regulation to implement the new framework. To facilitate fulfilling this mandate, the Commission has established Docket No. RM2007–1 to receive written comments on the type and nature of rules needed to effectuate the transition to the new system. As part of this rulemaking docket, the Commission has invited mail users from 1 Public PO 00000 Law 109–435. Frm 00071 Fmt 4703 Sfmt 4703 33261 a broad cross-section of the mailing community to testify at several public hearings in locations outside of Washington, DC. At this time, the following dates and locations have been identified: June 22, 2007 in Kansas City, Missouri; June 28, 2007 in Los Angeles, California; and July 9, 2007 in Wilmington, Delaware. Further details on the Kansas City hearing are provided in this notice; any changes related to that hearing and further details concerning the other field hearings will be posted on the Commission’s Web site, http://www.prc.gov. II. Information Applicable to All Field Hearings Format and record. The Commission has issued invitations to testify based largely on geographic location, the development of a full and complete record, and the need to meet statutory deadlines for issuing implementing regulations. Others who wish to submit comments or testimony may do so via the Commission’s electronic filing system. All comments and testimony received, including responses to questions from Commissioners, will be transcribed, posted on the Commission’s Web site, and used to inform the Commission’s decisions. The public is invited to attend the hearings. Special accommodations. It is the Commission’s understanding that each hearing room is handicapped accessible. Any member of the public who believes his or her attendance may require special accommodations is requested to contact Ann Fisher, chief of staff of the Postal Regulatory Commission, at 202– 789–6803 or ann.fisher@prc.gov, as soon as possible. III. Kansas City, Missouri Hearing The Kansas City field hearing will be held Friday, June 22, 2007 in Council Chambers, City Hall (26th Floor), 414 E. 12th Street, Kansas City, Missouri 64106. The hearing is scheduled to begin at 10 a.m. and conclude by 12 noon. Scheduled witnesses include: Donald J. Hall, Jr., Vice Chairman, President and Chief Executive Officer, Hallmark Cards, Inc.; David Berry, Vice President, Community Publications Inc.; Mury L. Salls, Senior Vice President, DST Mailing Services; William S. Berkley, President and Chief Executive Officer, Tension Envelope Corporation; and Randy Stumbo, Director of Distribution and Postal Affairs, Meredith Corporation. Ordering Paragraphs It is ordered: 1. The Commission will hold hearings in Kansas City, Missouri on June 22, E:\FR\FM\15JNN1.SGM 15JNN1 33262 Federal Register / Vol. 72, No. 115 / Friday, June 15, 2007 / Notices 2007; Los Angeles, California on June 28, 2007; and Wilmington, Delaware on July 9, 2007 to receive testimony on implementation of rules supporting a modern system of rate regulation. 2. The Secretary of the Commission is directed to arrange for publication of this notice and order in the Federal Register. Issued June 8, 2007. By the Commission. Steven W. Williams, Secretary. [FR Doc. E7–11466 Filed 6–14–07; 8:45 am] BILLING CODE 7710–FW–P RAILROAD RETIREMENT BOARD jlentini on PROD1PC65 with NOTICES Agency Forms Submitted for OMB Review, Request for Comments Information Collection Request (ICR) Summary: In accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Railroad Retirement Board (RRB) is forwarding an Information Collection Request (ICR) to the Office of Information and Regulatory Affairs (OIRA), Office of Management and Budget (OMB) for the following collection of information: 3220–0070, Employer Service and Compensation Reports. Section 2(c) of the Railroad Unemployment Insurance Act (RUIA) specifies the maximum normal unemployment and sickness benefits that may be paid in a benefit year. Section 2(c) further provides for extended benefits for certain employees and for beginning a benefit year early for other employees. The conditions for these actions are prescribed in 20 CFR part 302. All information about creditable railroad service and compensation needed by the RRB to administer Section 2(c) is not always available from annual reports filed by railroad employers with the RRB (OMB 3220– 0008). When this occurs, the RRB must obtain supplemental information about service and compensation. The RRB utilizes Form(s) UI–41, Supplemental Report of Service and Compensation, and UI–41a, Supplemental Report of Compensation, to obtain the necessary information. Our ICR describes the information we seek to collect from the public. Completion of the forms is mandatory. One response is required (per individual) from a respondent. Review and approval by OIRA ensures that we impose appropriate paperwork burdens. The RRB invites comments on the proposed collection of information to determine (1) the practical utility of the VerDate Aug<31>2005 19:26 Jun 14, 2007 Jkt 211001 collection; (2) the accuracy of the estimated burden of the collection; (3) ways to enhance the quality, utility and clarity of the information that is the subject of collection; and (4) ways to minimize the burden of collections on respondents, including the use of automated collection techniques or other forms of information technology. Comments to RRB or OIRA must contain the OMB control number of the ICR. For proper consideration of your comments, it is best if RRB and OIRA receive them within 30 days of publication date. Previous Requests for Comments: The RRB has already published the initial 60-day notice (72 FR 12639 on March 16, 2007) required by 44 U.S.C. 3506(c)(2). That request elicited no comments. Title: Employer Service and Compensation Reports. OMB Control Number: 3220–0070. Form(s) submitted: UI–41, UI–41a. Type of request: No material or nonsubstantive change to a currently approved collection. Affected public: Business or other forprofit. Abstract: The reports obtain the employee’s service and compensation for a period subsequent to those already on file and the employee’s base year compensation. The information is used to determine the entitlement to and the amount of benefits payable. Changes Proposed: The RRB proposes minor non-burden impacting editorial changes to Form(s) UI–41 and UI–41a. The burden estimate for the ICR is as follows: Estimated annual number of respondents: 30. Total annual responses: 3,000. Total annual reporting hours: 400. Additional Information or Comments: Copies of the forms and supporting documents can be obtained from Charles Mierzwa, the agency clearance officer (312–751–3363) or Charles.Mierzwa@rrb.gov. Comments regarding the information collection should be addressed to Ronald J. Hodapp, Railroad Retirement Board, 844 North Rush Street, Chicago, Illinois, 60611–2092 or Ronald.Hodapp@rrb.gov and to the OMB Desk Officer for the RRB, at the Office of Management and Budget, Room 10230, New Executive Office Building, Washington, DC 20503. Charles Mierzwa, Clearance Officer. [FR Doc. E7–11597 Filed 6–14–07; 8:45 am] BILLING CODE 7905–01–P PO 00000 Frm 00072 Fmt 4703 Sfmt 4703 SECURITIES AND EXCHANGE COMMISSION [File No. 500–1] In the Matter of Global Datatel, Inc. (n/k/a Xcana Petroleum, Inc.), Laminaire Corp. (n/k/a Cavico Corp.), Military Communications Technologies, Inc. (n/k/a Carbon Race Corporation), TAM Restaurants, Inc. (n/k/a Aerofoam Metals, Inc.), and Upside Development, Inc. (n/k/a Amorocorp); Order of Suspension of Trading June 13, 2007. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Global Datatel, Inc. (n/k/a Xcana Petroleum, Inc.) because it has not filed any periodic reports since the period ended March 31, 2001, nor has it provided the public with current financial information since the deregistration of its stock on October 9, 2006. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Laminaire Corp. (n/k/a Cavico Corp.) because it has not filed any periodic reports since the period ended September 30, 1999. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Military Communications Technologies, Inc. (n/k/a Carbon Race Corporation) because it has not filed any periodic reports since the period ended March 31, 2004, nor has it provided the public with current financial information since the deregistration of its stock on October 9, 2006. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of TAM Restaurants, Inc. (n/k/a Aerofoam Metals, Inc.) because it has not filed any periodic reports since the period ended June 27, 2001. It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Upside Development, Inc. (n/k/a Amorocorp) because it has not filed any periodic reports since the period ended September 30, 2001. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed companies. Therefore, It is ordered, pursuant to Section 12(k) of the Securities Exchange E:\FR\FM\15JNN1.SGM 15JNN1

Agencies

[Federal Register Volume 72, Number 115 (Friday, June 15, 2007)]
[Notices]
[Pages 33261-33262]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-11466]


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POSTAL REGULATORY COMMISSION

[Docket No. RM2007-1; Order No. 19]


Notice and Order

AGENCY: Postal Regulatory Commission.

ACTION: Notice of field hearings.

-----------------------------------------------------------------------

SUMMARY: Recent legislation alters the postal ratemaking process, and 
tasks the Postal Regulatory Commission to develop regulations to 
implement this process. This notice informs the public of field 
hearings that will be held to guide this process.

DATES: 1. June 22, 2007: field hearing, Kansas City, MO (10 a.m.).
    2. June 28, 2007: field hearing, Los Angeles, CA.
    3. July 9, 2007: field hearing, Wilmington, DE.

ADDRESSES: Submit comments electronically via the Commission's Filing 
Online system at http://www.prc.gov.

FOR FURTHER INFORMATION CONTACT: Ann Fisher, chief of staff, 202-789-
6820 and ann.fisher@prc.gov, or Judy Grady, special assistant to the 
Chairman, 202-789-6898 and judith.grady@prc.gov (logistics).

SUPPLEMENTARY INFORMATION:

Regulatory History

    1. 72 FR 5230 (February 5, 2007).
    2. 72 FR 29284 (May 25, 2007).

I. Introduction

    The Postal Accountability and Enhancement Act (PAEA) was enacted 
December 20, 2006.\1\ The new law replaces the approach that has guided 
postal ratemaking and classification since 1970 with a comprehensive 
new framework. It charges the Postal Regulatory Commission (Commission) 
with developing a modern system of rate regulation to implement the new 
framework. To facilitate fulfilling this mandate, the Commission has 
established Docket No. RM2007-1 to receive written comments on the type 
and nature of rules needed to effectuate the transition to the new 
system.
---------------------------------------------------------------------------

    \1\ Public Law 109-435.
---------------------------------------------------------------------------

    As part of this rulemaking docket, the Commission has invited mail 
users from a broad cross-section of the mailing community to testify at 
several public hearings in locations outside of Washington, DC. At this 
time, the following dates and locations have been identified: June 22, 
2007 in Kansas City, Missouri; June 28, 2007 in Los Angeles, 
California; and July 9, 2007 in Wilmington, Delaware. Further details 
on the Kansas City hearing are provided in this notice; any changes 
related to that hearing and further details concerning the other field 
hearings will be posted on the Commission's Web site, http://
www.prc.gov.

II. Information Applicable to All Field Hearings

    Format and record. The Commission has issued invitations to testify 
based largely on geographic location, the development of a full and 
complete record, and the need to meet statutory deadlines for issuing 
implementing regulations. Others who wish to submit comments or 
testimony may do so via the Commission's electronic filing system. All 
comments and testimony received, including responses to questions from 
Commissioners, will be transcribed, posted on the Commission's Web 
site, and used to inform the Commission's decisions. The public is 
invited to attend the hearings.
    Special accommodations. It is the Commission's understanding that 
each hearing room is handicapped accessible. Any member of the public 
who believes his or her attendance may require special accommodations 
is requested to contact Ann Fisher, chief of staff of the Postal 
Regulatory Commission, at 202-789-6803 or ann.fisher@prc.gov, as soon 
as possible.

III. Kansas City, Missouri Hearing

    The Kansas City field hearing will be held Friday, June 22, 2007 in 
Council Chambers, City Hall (26th Floor), 414 E. 12th Street, Kansas 
City, Missouri 64106. The hearing is scheduled to begin at 10 a.m. and 
conclude by 12 noon. Scheduled witnesses include: Donald J. Hall, Jr., 
Vice Chairman, President and Chief Executive Officer, Hallmark Cards, 
Inc.; David Berry, Vice President, Community Publications Inc.; Mury L. 
Salls, Senior Vice President, DST Mailing Services; William S. Berkley, 
President and Chief Executive Officer, Tension Envelope Corporation; 
and Randy Stumbo, Director of Distribution and Postal Affairs, Meredith 
Corporation.

Ordering Paragraphs

    It is ordered:
    1. The Commission will hold hearings in Kansas City, Missouri on 
June 22,

[[Page 33262]]

2007; Los Angeles, California on June 28, 2007; and Wilmington, 
Delaware on July 9, 2007 to receive testimony on implementation of 
rules supporting a modern system of rate regulation.
    2. The Secretary of the Commission is directed to arrange for 
publication of this notice and order in the Federal Register.

    Issued June 8, 2007.

    By the Commission.
Steven W. Williams,
Secretary.
[FR Doc. E7-11466 Filed 6-14-07; 8:45 am]
BILLING CODE 7710-FW-P