Supplementary Agreement on Social Security Between the United States and Sweden; Entry Into Force, 62292 [E7-21585]

Download as PDF 62292 Federal Register / Vol. 72, No. 212 / Friday, November 2, 2007 / Notices SOCIAL SECURITY ADMINISTRATION [Docket No. SSA–2007–0080] Supplementary Agreement on Social Security Between the United States and Sweden; Entry Into Force AGENCY: Social Security Administration (SSA). pwalker on PROD1PC71 with NOTICES ACTION: Notice. SUMMARY: The Commissioner of Social Security gives notice that on November 1, 2007, a supplementary agreement will enter into force which amends the Social Security agreement between the United States (U.S.) and Sweden that has been in effect since January 1, 1987. The supplementary agreement, which was signed on June 24, 2004, was concluded pursuant to section 233 of the Social Security Act. When the original agreement was concluded, Sweden had a two-tier Social Security system that consisted of an earnings-related, defined-benefit program and a residence-based, flat-rate benefit program. Recent Swedish legislation restructured the system. People born after 1953 are now covered by a program consisting of three components. The new Swedish system includes an earnings-related, definedcontribution benefit program administered by the government, a program of individual investment accounts, and a guaranteed minimum pension payable if income-based pensions and certain other income fall below specified levels. The primary purpose of the supplementary agreement is to conform the Swedish benefit provisions of the original agreement to Sweden’s new Social Security system. The supplementary agreement also changes the provision that authorizes SSA to take into account Swedish periods of coverage in determining eligibility for U.S. Totalization benefits so that it refers to periods under the new Swedish pension program rather than the old program. The new Swedish Social Security law allows people to qualify for most benefits with very little coverage credit. It is not expected, therefore, that many people will need to have their U.S. and Swedish coverage credits totalized to become eligible for most Swedish benefits. The supplementary agreement provides that U.S. Social Security benefits will not be counted in applying pension offsets that normally reduce the amount of Swedish disability benefits. Thus, the supplementary agreement will provide U.S. workers enhanced disability benefit protection under the Swedish system at little, if any, VerDate Aug<31>2005 15:58 Nov 01, 2007 Jkt 214001 additional cost to the U.S. Social Security system. In addition to the changes in the U.S. and Swedish benefit provisions, the supplementary agreement updates several other provisions to take account of amendments to both U.S. and Swedish laws and to conform the wording of the agreement to the more recent Totalization agreements concluded by the United States. Other changes in the agreement are merely clarifications to reflect the manner in which the agreement is currently applied. Individuals who wish to obtain copies of the supplementary agreement or want general information about its provisions may visit the Social Security Administration’s Web site at http:// www.socialsecurity.gov/international or may write to the Social Security Administration, Office of International Programs, Post Office Box 17741, Baltimore, Maryland 21235. Dated: October 29, 2007. Michael J. Astrue, Commissioner of Social Security. [FR Doc. E7–21585 Filed 11–1–07; 8:45 am] Frequency of Use: Monthly and Annual. Type of Affected Public: Business or Local Government. Small Businesses or Organizations Affected: Yes. Federal Budget Functional Category Code: 271. Estimated Number of Annual Responses: 2,054. Estimated Total Annual Burden Hours: 3,792. Estimated Average Burden Hours per Response: 1.8 hours. Need for and Use of Information: This information collection supplies TVA with financial and accounting information to help ensure that electric power produced by TVA is sold to consumers at rates which are as low as feasible. Steven A. Anderson, Senior Manager, IT Planning & Governance, Information Services. [FR Doc. 07–5462 Filed 11–1–07; 8:45 am] BILLING CODE 8120–08–M DEPARTMENT OF TRANSPORTATION BILLING CODE 4191–02–P Federal Aviation Administration TENNESSEE VALLEY AUTHORITY Paperwork Reduction Act of 1995, as Amended by Pub. L. 104–13; Proposed Collection, Comment Request Tennessee Valley Authority. Proposed collection; comment AGENCY: ACTION: request. The proposed information collection described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended). The Tennessee Valley Authority is soliciting public comments on this proposed collection as provided by 5 CFR 1320.8(d)(1). Requests for information, including copies of the information collection proposed and supporting documentation, should be directed to the Agency Clearance Officer: Alice D. Witt, Tennessee Valley Authority, 1101 Market Street (EB 5B), Chattanooga, Tennessee 37402–2801; (423) 751–6832. (SC: 0013XYV) Comments should be sent to the Agency Clearance Officer no later than January 2, 2008. SUPPLEMENTARY INFORMATION: Type of Request: Regular submission. Title of Information Collection: Power Distributor Monthly and Annual Reports to TVA (3316–0002). SUMMARY: PO 00000 Frm 00089 Fmt 4703 Sfmt 4703 [Summary Notice No. PE–2007–40] Petition for Exemption; Summary of Petition Received Federal Aviation Administration (FAA), DOT. ACTION: Notice of petition for exemption received. AGENCY: SUMMARY: This notice contains a summary of a petition seeking relief from specified requirements of 14 CFR. The purpose of this notice is to provide the public an opportunity to comment on the petition for exemption. Neither publication of this notice nor the inclusion or omission of information in the summary is intended to affect the legal status of the petition or its final disposition. Comments on this petition must indicate the docket number and must be received on or before November 23, 2007. DATES: You may send comments which indicate Docket Number FAA– 2007–0042 by any of the following methods: • Government-wide rulemaking Web site: Go to http://www.regulations.gov and follow the instructions for submitting comments. • Mail: Send comments to the Docket Management Facility; U.S. Department of Transportation, 1200 New Jersey ADDRESSES: E:\FR\FM\02NON1.SGM 02NON1

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[Federal Register Volume 72, Number 212 (Friday, November 2, 2007)]
[Notices]
[Page 62292]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-21585]



[[Page 62292]]

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SOCIAL SECURITY ADMINISTRATION

[Docket No. SSA-2007-0080]


Supplementary Agreement on Social Security Between the United 
States and Sweden; Entry Into Force

AGENCY: Social Security Administration (SSA).

ACTION: Notice.

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

SUMMARY: The Commissioner of Social Security gives notice that on 
November 1, 2007, a supplementary agreement will enter into force which 
amends the Social Security agreement between the United States (U.S.) 
and Sweden that has been in effect since January 1, 1987. The 
supplementary agreement, which was signed on June 24, 2004, was 
concluded pursuant to section 233 of the Social Security Act.
    When the original agreement was concluded, Sweden had a two-tier 
Social Security system that consisted of an earnings-related, defined-
benefit program and a residence-based, flat-rate benefit program. 
Recent Swedish legislation restructured the system. People born after 
1953 are now covered by a program consisting of three components. The 
new Swedish system includes an earnings-related, defined-contribution 
benefit program administered by the government, a program of individual 
investment accounts, and a guaranteed minimum pension payable if 
income-based pensions and certain other income fall below specified 
levels.
    The primary purpose of the supplementary agreement is to conform 
the Swedish benefit provisions of the original agreement to Sweden's 
new Social Security system. The supplementary agreement also changes 
the provision that authorizes SSA to take into account Swedish periods 
of coverage in determining eligibility for U.S. Totalization benefits 
so that it refers to periods under the new Swedish pension program 
rather than the old program. The new Swedish Social Security law allows 
people to qualify for most benefits with very little coverage credit. 
It is not expected, therefore, that many people will need to have their 
U.S. and Swedish coverage credits totalized to become eligible for most 
Swedish benefits.
    The supplementary agreement provides that U.S. Social Security 
benefits will not be counted in applying pension offsets that normally 
reduce the amount of Swedish disability benefits. Thus, the 
supplementary agreement will provide U.S. workers enhanced disability 
benefit protection under the Swedish system at little, if any, 
additional cost to the U.S. Social Security system.
    In addition to the changes in the U.S. and Swedish benefit 
provisions, the supplementary agreement updates several other 
provisions to take account of amendments to both U.S. and Swedish laws 
and to conform the wording of the agreement to the more recent 
Totalization agreements concluded by the United States. Other changes 
in the agreement are merely clarifications to reflect the manner in 
which the agreement is currently applied.
    Individuals who wish to obtain copies of the supplementary 
agreement or want general information about its provisions may visit 
the Social Security Administration's Web site at http://
www.socialsecurity.gov/international or may write to the Social 
Security Administration, Office of International Programs, Post Office 
Box 17741, Baltimore, Maryland 21235.

    Dated: October 29, 2007.
Michael J. Astrue,
Commissioner of Social Security.
[FR Doc. E7-21585 Filed 11-1-07; 8:45 am]
BILLING CODE 4191-02-P