Negotiated Service Agreement, 46110-46111 [E7-16089]
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46110
Federal Register / Vol. 72, No. 158 / Thursday, August 16, 2007 / Notices
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Retirement Income Security Act of 1974,
as amended (ERISA), a single-employer
pension plan may terminate voluntarily
only if it satisfies the requirements for
either a standard or a distress
termination. Pursuant to ERISA section
4041(b), for standard terminations, and
section 4041(c), for distress
terminations, and PBGC’s termination
regulation (29 CFR part 4041), a plan
administrator wishing to terminate a
plan is required to submit specified
information to PBGC in support of the
proposed termination and to provide
specified information regarding the
proposed termination to third parties
(participants, beneficiaries, alternate
payees, and employee organizations). In
the case of a plan with participants or
beneficiaries who cannot be located
when their benefits are to be distributed,
the plan administrator is subject to the
requirements of ERISA section 4050 and
PBGC’s missing participants regulation
(29 CFR part 4050). As noted above,
these regulations may be accessed on
PBGC’s Web site at https://
www.pbgc.gov.
The collection of information under
these regulations and the implementing
forms and instructions has been
approved by OMB under control
number 1212–0036 (expires September
30, 2007). PBGC is requesting that OMB
extend its approval for 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.
PBGC estimates that 1,259 plan
administrators will be subject to the
collection of information requirements
in PBGC’s termination and missing
participants regulations and
implementing forms and instructions
each year, and that the total annual
burden of complying with these
requirements is 2,081 hours and
$2,766,679. Much of the work
associated with terminating a plan is
performed for purposes other than
meeting these requirements.
Issued in Washington, DC, this 10th day of
August, 2007.
John H. Hanley,
Director, Legislative and Regulatory
Department, Pension Benefit Guaranty
Corporation.
[FR Doc. E7–16102 Filed 8–15–07; 8:45 am]
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POSTAL REGULATORY COMMISSION
[Docket No. MC2007–5; Order No. 25]
Negotiated Service Agreement
Postal Regulatory Commission.
Notice and order.
AGENCY:
ACTION:
SUMMARY: This document establishes a
docket for consideration of the Postal
Service’s request for approval of
contract rates with Life Line Screening
of America. It identifies key elements of
the proposed agreement, which involves
Standard Mail letter rates, and addresses
preliminary procedural matters.
DATES: 1. August 31, 2007: Deadline for
filing notices of intervention.
2. September 7, 2007: Deadline for
responses to proposal for limiting
issues.
3. September 11, 2007: Prehearing
conference, 10 a.m.
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov.
FOR FURTHER INFORMATION CONTACT:
Stephen L. Sharfman, General Counsel,
202–789–6820 and
stephen.sharfman@prc.gov.
On August
8, 2007, the United States Postal Service
filed a request seeking a recommended
decision from the Postal Regulatory
Commission approving a Negotiated
Service Agreement (NSA) with Life Line
Screening of America (Life Line
Screening).1 The NSA is proffered as a
new baseline agreement. The Request,
which includes six attachments, was
filed pursuant to chapter 36 of title 39,
United States Code.2
The Postal Service has identified Life
Line Screening, along with itself, as
parties to the NSA. This identification
serves as notice of intervention by Life
Line Screening. It also indicates Life
Line Screening shall be considered a coproponent, procedurally and
substantively, of the Postal Service’s
Request during the Commission’s
SUPPLEMENTARY INFORMATION:
1 Request of the United States Postal Service for
a Recommended Decision on Classifications and
Rates to Implement a Baseline Negotiated Service
Agreement with Life Line Screening, August 8,
2007 (Request).
2 Attachments A and B to the Request contain
proposed changes to the Domestic Mail
Classification Schedule and the associated rate
schedules; Attachment C is a certification required
by Commission rule 193(i) specifying that the cost
statements and supporting data submitted by the
Postal Service, which purport to reflect the books
of the Postal Service, accurately set forth the results
shown by such books; Attachment D is an index of
testimony and exhibits; Attachment E is a
compliance statement addressing satisfaction of
various filing requirements; and Attachment F is a
copy of the Negotiated Service Agreement.
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Sfmt 4703
review of the NSA. Rule 191(b) [39 CFR
3001.191(b).] An appropriate Notice of
Life Line Screening of Appearance and
Filing of Testimony as Co-Proponent,
August 8, 2007, also was filed.
In support of the Request, the Postal
Service has filed Direct Testimony of
Michelle K. Yorgey on Behalf of the
United States Postal Service, August 8,
2007 (USPS–T–1) and library reference
USPS–LR–L–1, MC2004–3 Opinion and
Further Recommended Decision
Analysis for the Life Line Screening
NSA. Life Line Screening has separately
filed Direct Testimony of Eric Greenberg
on Behalf of Life Line Screening, August
8, 2007 (LLS–T–1). The Postal Service
has reviewed the Life Line Screening
testimony and, in accordance with rule
192(b) [39 CFR 3001.192(b)], states that
such testimony may be relied upon in
presentation of the Postal Service’s
direct case. USPS–T–1 at 1.
The Postal Service has filed a
proposal for limitation of issues in this
docket.3 The Postal Service asserts that
the Life Line Screening NSA and the
Bookspan NSA contain similar
elements. [70 FR 42602.] The Postal
Service identifies issues that were
previously decided in Bookspan and
key issues that are unique to the instant
Request. The Postal Service requests an
order limiting the scope of discovery to
key new issues.
The Postal Service’s Request,
accompanying testimonies of witnesses
Yorgey (USPS–T–1), and Greenberg
(LLS–T–1), and other related material
are available for inspection at the
Commission’s docket section during
regular business hours. They can also be
accessed electronically, via the Internet,
on the Commission’s Web site (https://
www.prc.gov).
I. Life Line Screening NSA
The Postal Service proposes to enter
into a new baseline three-year NSA with
Life Line Screening. The agreement
offers Life Line Screening declining
block rates for Standard Mail letters.
Life Line Screening will be able to use
the Standard Mail letters for soliciting
potential and existing customers for
direct-to-consumer preventive health
screenings. The Postal Service estimates
it will benefit by $4.87 million over the
life of the NSA. Request at 5.
The purpose of the Life Line
Screening NSA is to encourage Life Line
Screening to increase its use of Standard
Mail letters for selling health care
screening services nationwide. Without
such incentives, the Postal Service
contends that Life Line Screening’s
3 United States Postal Service Proposal for
Limitation of Issues, August 8, 2007.
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rwilkins on PROD1PC63 with NOTICES
Federal Register / Vol. 72, No. 158 / Thursday, August 16, 2007 / Notices
direct mail marketing volumes are
expected to decline due to sensitivity to
direct mail cost increases. Id. at 2.
The Life Line Screening NSA
provides discounts based on a block rate
structure for Standard Mail letter-size
pieces. Life Line Screening must reach
a volume commitment level, which is
set higher than the lowest block volume
level, before any discounts are payable.
During the first year of the agreement,
discounts may be earned for annual
volumes above 90 million pieces once a
volume commitment of 95 million
pieces has been reached. During the
second year of the agreement, discounts
may be earned for annual volumes
above 88 million pieces once a volume
commitment of 93 million pieces has
been reached. During the third year of
the agreement, discounts also may be
earned for annual volumes above 88
million pieces once a volume
commitment of 93 million pieces has
been reached. Discounts, under the
proposed declining block rate structure,
range from 1 to 3 cents per piece during
each year of the agreement. See Request,
Attachment B.
The volume commitment levels for
the second and third years of the
agreement are subject to adjustment
based on the actual volumes mailed in
the previous year. If at the end of the
first or second years, the actual volume
is 12 percent or more above the prior
year’s commitment, the following year’s
commitment will be revised to be the
average of the prior year’s actual volume
and the following year’s original
commitment. If at the end of the first or
second years, the actual volume is 5
percent or more below the prior year’s
commitment, the following year’s
commitment will be decreased by the
percentage difference between the prior
year’s actual volume and the prior year’s
original commitment. See Request,
Attachment A.
As a means to protect the Postal
Service’s financial interests, the Life
Line Screening NSA contains additional
risk mitigation features. The Postal
Service has established three tiers
within each letter volume block. The
highest discount tier for the first year of
the agreement applies to volumes
between 110 million and 118 million
mailpieces. If Life Line Screening
exceeds 118 million pieces by an
additional 10 million pieces, the
agreement will be terminated. Either
party also may unconditionally cancel
the agreement with 30 days’ written
notice. Id.
II. Commission Analysis
Applicability of the rules for baseline
NSAs. For administrative purposes, the
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Commission has docketed the instant
filing as a request for a new baseline
NSA pursuant to rule 195 [39 CFR
3001.195].
Representation of the general public.
In conformance with section 3624(a) of
title 39, the Commission designates
Kenneth E. Richardson, acting director
of the Commission’s Office of the
Consumer Advocate, to represent the
interests of the general public in this
proceeding. Pursuant to this
designation, Mr. Richardson will direct
the activities of Commission personnel
assigned to assist him and, upon
request, will supply their names for the
record. Neither Mr. Richardson nor any
of the assigned personnel will
participate in or provide advice on any
Commission decision in this
proceeding.
Intervention. Those wishing to be
heard in this matter are directed to file
a notice of intervention on or before
August 31, 2007. The notice of
intervention shall be filed using the
Internet (Filing Online) at the
Commission’s Web site (https://
www.prc.gov), unless a waiver is
obtained for hardcopy filing. Rules 9(a)
and 10(a) [39 CFR 3001.9(a) and 10(a).]
Notices should indicate whether
participation will be on a full or limited
basis. See rules 20 and 20a [39 CFR
3001.20 and 20a.] No decision has been
made at this point on whether a hearing
will be held in this case.
Prehearing conference. A prehearing
conference will be held September 11,
2007 at 10 a.m. in the Commission’s
hearing room. Participants intending to
object to the Postal Service’s proposal
for limiting issues or intending to
identify issue(s) that would indicate the
need to schedule a hearing shall file a
written explanation of their position by
September 7, 2007. Participants should
be prepared to discuss these issues
during the prehearing conference. The
Commission intends to issue a ruling on
these issues shortly after the prehearing
conference.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
No. MC2007–5 to consider the Postal
Service Request referred to in the body
of this order.
2. The Commission will sit en banc in
this proceeding.
3. Kenneth E. Richardson, acting
director of the Commission’s Office of
the Consumer Advocate, is designated
to represent the interests of the general
public.
4. The deadline for filing notices of
intervention is August 31, 2007.
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46111
5. A prehearing conference will be
held September 11, 2007 at 10 a.m. in
the Commission’s hearing room.
6. Participants intending to object to
the Postal Service’s proposal for limiting
issues or intending to identify issue(s)
that would indicate the need to
schedule a hearing, shall file a written
explanation of their position by
September 7, 2007.
7. The Secretary shall arrange for
publication of this notice and order in
the Federal Register.
By the Commission.
Garry J. Sikora,
Acting Secretary.
[FR Doc. E7–16089 Filed 8–15–07; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon written request, copies available
from: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
XBRL Voluntary Program Questionnaire.
OMB Control No. 3235–NEW; SEC File No.
270–577.
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget a
request to approve the collection of
information discussed below.
The title of the questionnaire is
‘‘XBRL Voluntary Program
Questionnaire.’’
The XBRL Voluntary Program
Questionnaire consists mainly of
questions based on the respondent’s
experience with submitting eXtensible
Business Reporting Language (‘‘XBRL’’)
tagged data to the Commission on a
voluntary basis as a supplemental
exhibit to specified filings under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) and Investment
Company Act of 1940 (15 U.S.C. 80a–1
et seq.).
The Commission needs the
information to learn about the voluntary
program from the participant
perspective. Responses to the
questionnaire are voluntary and will be
publicly available. The Commission
plans to use the information to help it
assess the feasibility and desirability of
using tagged data on a more widespread
and, possibly, mandated, basis in the
future. In addition, the information may
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Agencies
[Federal Register Volume 72, Number 158 (Thursday, August 16, 2007)]
[Notices]
[Pages 46110-46111]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-16089]
=======================================================================
-----------------------------------------------------------------------
POSTAL REGULATORY COMMISSION
[Docket No. MC2007-5; Order No. 25]
Negotiated Service Agreement
AGENCY: Postal Regulatory Commission.
ACTION: Notice and order.
-----------------------------------------------------------------------
SUMMARY: This document establishes a docket for consideration of the
Postal Service's request for approval of contract rates with Life Line
Screening of America. It identifies key elements of the proposed
agreement, which involves Standard Mail letter rates, and addresses
preliminary procedural matters.
DATES: 1. August 31, 2007: Deadline for filing notices of intervention.
2. September 7, 2007: Deadline for responses to proposal for
limiting issues.
3. September 11, 2007: Prehearing conference, 10 a.m.
ADDRESSES: Submit comments electronically via the Commission's Filing
Online system at https://www.prc.gov.
FOR FURTHER INFORMATION CONTACT: Stephen L. Sharfman, General Counsel,
202-789-6820 and stephen.sharfman@prc.gov.
SUPPLEMENTARY INFORMATION: On August 8, 2007, the United States Postal
Service filed a request seeking a recommended decision from the Postal
Regulatory Commission approving a Negotiated Service Agreement (NSA)
with Life Line Screening of America (Life Line Screening).\1\ The NSA
is proffered as a new baseline agreement. The Request, which includes
six attachments, was filed pursuant to chapter 36 of title 39, United
States Code.\2\
---------------------------------------------------------------------------
\1\ Request of the United States Postal Service for a
Recommended Decision on Classifications and Rates to Implement a
Baseline Negotiated Service Agreement with Life Line Screening,
August 8, 2007 (Request).
\2\ Attachments A and B to the Request contain proposed changes
to the Domestic Mail Classification Schedule and the associated rate
schedules; Attachment C is a certification required by Commission
rule 193(i) specifying that the cost statements and supporting data
submitted by the Postal Service, which purport to reflect the books
of the Postal Service, accurately set forth the results shown by
such books; Attachment D is an index of testimony and exhibits;
Attachment E is a compliance statement addressing satisfaction of
various filing requirements; and Attachment F is a copy of the
Negotiated Service Agreement.
---------------------------------------------------------------------------
The Postal Service has identified Life Line Screening, along with
itself, as parties to the NSA. This identification serves as notice of
intervention by Life Line Screening. It also indicates Life Line
Screening shall be considered a co-proponent, procedurally and
substantively, of the Postal Service's Request during the Commission's
review of the NSA. Rule 191(b) [39 CFR 3001.191(b).] An appropriate
Notice of Life Line Screening of Appearance and Filing of Testimony as
Co-Proponent, August 8, 2007, also was filed.
In support of the Request, the Postal Service has filed Direct
Testimony of Michelle K. Yorgey on Behalf of the United States Postal
Service, August 8, 2007 (USPS-T-1) and library reference USPS-LR-L-1,
MC2004-3 Opinion and Further Recommended Decision Analysis for the Life
Line Screening NSA. Life Line Screening has separately filed Direct
Testimony of Eric Greenberg on Behalf of Life Line Screening, August 8,
2007 (LLS-T-1). The Postal Service has reviewed the Life Line Screening
testimony and, in accordance with rule 192(b) [39 CFR 3001.192(b)],
states that such testimony may be relied upon in presentation of the
Postal Service's direct case. USPS-T-1 at 1.
The Postal Service has filed a proposal for limitation of issues in
this docket.\3\ The Postal Service asserts that the Life Line Screening
NSA and the Bookspan NSA contain similar elements. [70 FR 42602.] The
Postal Service identifies issues that were previously decided in
Bookspan and key issues that are unique to the instant Request. The
Postal Service requests an order limiting the scope of discovery to key
new issues.
---------------------------------------------------------------------------
\3\ United States Postal Service Proposal for Limitation of
Issues, August 8, 2007.
---------------------------------------------------------------------------
The Postal Service's Request, accompanying testimonies of witnesses
Yorgey (USPS-T-1), and Greenberg (LLS-T-1), and other related material
are available for inspection at the Commission's docket section during
regular business hours. They can also be accessed electronically, via
the Internet, on the Commission's Web site (https://www.prc.gov).
I. Life Line Screening NSA
The Postal Service proposes to enter into a new baseline three-year
NSA with Life Line Screening. The agreement offers Life Line Screening
declining block rates for Standard Mail letters. Life Line Screening
will be able to use the Standard Mail letters for soliciting potential
and existing customers for direct-to-consumer preventive health
screenings. The Postal Service estimates it will benefit by $4.87
million over the life of the NSA. Request at 5.
The purpose of the Life Line Screening NSA is to encourage Life
Line Screening to increase its use of Standard Mail letters for selling
health care screening services nationwide. Without such incentives, the
Postal Service contends that Life Line Screening's
[[Page 46111]]
direct mail marketing volumes are expected to decline due to
sensitivity to direct mail cost increases. Id. at 2.
The Life Line Screening NSA provides discounts based on a block
rate structure for Standard Mail letter-size pieces. Life Line
Screening must reach a volume commitment level, which is set higher
than the lowest block volume level, before any discounts are payable.
During the first year of the agreement, discounts may be earned for
annual volumes above 90 million pieces once a volume commitment of 95
million pieces has been reached. During the second year of the
agreement, discounts may be earned for annual volumes above 88 million
pieces once a volume commitment of 93 million pieces has been reached.
During the third year of the agreement, discounts also may be earned
for annual volumes above 88 million pieces once a volume commitment of
93 million pieces has been reached. Discounts, under the proposed
declining block rate structure, range from 1 to 3 cents per piece
during each year of the agreement. See Request, Attachment B.
The volume commitment levels for the second and third years of the
agreement are subject to adjustment based on the actual volumes mailed
in the previous year. If at the end of the first or second years, the
actual volume is 12 percent or more above the prior year's commitment,
the following year's commitment will be revised to be the average of
the prior year's actual volume and the following year's original
commitment. If at the end of the first or second years, the actual
volume is 5 percent or more below the prior year's commitment, the
following year's commitment will be decreased by the percentage
difference between the prior year's actual volume and the prior year's
original commitment. See Request, Attachment A.
As a means to protect the Postal Service's financial interests, the
Life Line Screening NSA contains additional risk mitigation features.
The Postal Service has established three tiers within each letter
volume block. The highest discount tier for the first year of the
agreement applies to volumes between 110 million and 118 million
mailpieces. If Life Line Screening exceeds 118 million pieces by an
additional 10 million pieces, the agreement will be terminated. Either
party also may unconditionally cancel the agreement with 30 days'
written notice. Id.
II. Commission Analysis
Applicability of the rules for baseline NSAs. For administrative
purposes, the Commission has docketed the instant filing as a request
for a new baseline NSA pursuant to rule 195 [39 CFR 3001.195].
Representation of the general public. In conformance with section
3624(a) of title 39, the Commission designates Kenneth E. Richardson,
acting director of the Commission's Office of the Consumer Advocate, to
represent the interests of the general public in this proceeding.
Pursuant to this designation, Mr. Richardson will direct the activities
of Commission personnel assigned to assist him and, upon request, will
supply their names for the record. Neither Mr. Richardson nor any of
the assigned personnel will participate in or provide advice on any
Commission decision in this proceeding.
Intervention. Those wishing to be heard in this matter are directed
to file a notice of intervention on or before August 31, 2007. The
notice of intervention shall be filed using the Internet (Filing
Online) at the Commission's Web site (https://www.prc.gov), unless a
waiver is obtained for hardcopy filing. Rules 9(a) and 10(a) [39 CFR
3001.9(a) and 10(a).] Notices should indicate whether participation
will be on a full or limited basis. See rules 20 and 20a [39 CFR
3001.20 and 20a.] No decision has been made at this point on whether a
hearing will be held in this case.
Prehearing conference. A prehearing conference will be held
September 11, 2007 at 10 a.m. in the Commission's hearing room.
Participants intending to object to the Postal Service's proposal for
limiting issues or intending to identify issue(s) that would indicate
the need to schedule a hearing shall file a written explanation of
their position by September 7, 2007. Participants should be prepared to
discuss these issues during the prehearing conference. The Commission
intends to issue a ruling on these issues shortly after the prehearing
conference.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket No. MC2007-5 to consider the
Postal Service Request referred to in the body of this order.
2. The Commission will sit en banc in this proceeding.
3. Kenneth E. Richardson, acting director of the Commission's
Office of the Consumer Advocate, is designated to represent the
interests of the general public.
4. The deadline for filing notices of intervention is August 31,
2007.
5. A prehearing conference will be held September 11, 2007 at 10
a.m. in the Commission's hearing room.
6. Participants intending to object to the Postal Service's
proposal for limiting issues or intending to identify issue(s) that
would indicate the need to schedule a hearing, shall file a written
explanation of their position by September 7, 2007.
7. The Secretary shall arrange for publication of this notice and
order in the Federal Register.
By the Commission.
Garry J. Sikora,
Acting Secretary.
[FR Doc. E7-16089 Filed 8-15-07; 8:45 am]
BILLING CODE 7710-FW-P