Proposed Submission of Information Collection for OMB Review; Comment Request; Survey of Nonparticipating Single Premium Group Annuity Rates, 72529-72530 [E8-28333]

Download as PDF Federal Register / Vol. 73, No. 230 / Friday, November 28, 2008 / Notices violation that continues for more than one day, the NRC may exercise discretion and assess a separate violation and attendant civil penalty up ($) to the statutory limit of $140,000 for 2. Other sources or devices each day the violation continues. The containing the materials NRC may exercise this discretion if a and quantities listed in 10 licensee was aware of or clearly should CFR 31.5(c)(13)(i) .............. 17,000 have been aware of a violation, or if the 3. Sources and devices not otherwise described above 7,000 licensee had an opportunity to identify and correct the violation but failed to do 1 Large firms engaged in manufacturing or so. distribution of byproduct, source, or special * * * * * nuclear material. penalties. These changes apply to violations occurring after the effective date of this Policy Statement. TABLE 1A—BASE CIVIL PENALTIES— Continued Paperwork Reduction Act This policy statement does not contain new or amended information collection requirements subject to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq). Existing requirements were approved by the Office of Management and Budget (OMB), approval number 3150–0136. Public Protection Notification The NRC may not conduct or sponsor, and a person is not required to respond to, a request for information or an information collection requirement unless the requesting document displays a currently valid OMB control number. Congressional Review Act In accordance with the Congressional Review Act of 1996, the NRC has determined that this action is not a major rule and has verified this determination with the Office of Information and Regulatory Affairs of OMB. Accordingly, the NRC Enforcement Policy is revised to read as follows: NRC Enforcement Policy * * * * * VI. * * * C. * * * 1. * * * TABLE 1A—BASE CIVIL PENALTIES mstockstill on PROD1PC66 with NOTICES ($) a. Power reactors and gaseous diffusion plants .......................... b. Fuel fabricators authorized to possess Category I or II quantities of SNM ............................. c. Fuel fabricators, industrial processors,1 and independent spent fuel and monitored retrievable storage installations .................. d. Test reactors, mills and uranium conversion facilities, contractors, waste disposal licensees, industrial radiographers, and other large material users .. e. Research reactors, academic, medical, or other small material users 2 ....................................... f. Loss, abandonment, or improper transfer or disposal of a sealed source or device, regardless of the use or type of licensee: 3. 1. Sources or devices with a total activity greater than 3.7 × 10 4 MBq (1 Curie), excluding hydrogen-3 (tritium) .................................... VerDate Aug<31>2005 17:16 Nov 26, 2008 140,000 70,000 35,000 14,000 7,000 54,000 Jkt 217001 72529 2 This applies to nonprofit institutions not otherwise categorized in this table, mobile nuclear services, nuclear pharmacies, and physician offices. 3 These base civil penalty amounts have been determined to be approximately three times the average cost of disposal. For specific cases, NRC may adjust these amounts to correspond to three times the actual expected cost of authorized disposal. * * * * 2. * * * d. * * * As provided in Section VII, ‘‘Exercise of Discretion,’’ discretion may be exercised by either escalating or mitigating the amount of the civil penalty determined after applying the civil penalty adjustment factors to ensure that the proposed civil penalty reflects all relevant circumstances of the particular case. However, in no instance will a civil penalty for any one violation exceed $140,000 per day. * * * * * VII. * * * A. * * * The NRC considers violations categorized at Severity Level I, II, or III to be of significant regulatory concern. The NRC also considers violations associated with findings that the Reactor Oversight Process’s Significance Determination Process evaluates as having low to moderate, or greater safety significance (i.e., white, yellow, or red) to be of significant regulatory concern. If the application of the normal guidance in this policy does not result in an appropriate sanction, with the approval of the Deputy Executive Director and consultation with the EDO and Commission, as warranted, the NRC may apply its full enforcement authority where the action is warranted. NRC action may include: (1) Escalating civil penalties; (2) issuing appropriate orders; and (3) assessing civil penalties for continuing violations on a per day basis, up to the statutory limit of $140,000 per violation, per day. * * * * * 3. * * * To recognize the added significance for those cases where a very strong message is warranted for a significant Dated at Rockville, Maryland, this 13th day of November 2008. For the Nuclear Regulatory Commission. R.W. Borchardt, Executive Director for Operations. [FR Doc. E8–28262 Filed 11–26–08; 8:45 am] BILLING CODE 7590–01–P * PO 00000 Frm 00088 Fmt 4703 Sfmt 4703 PENSION BENEFIT GUARANTY CORPORATION Proposed Submission of Information Collection for OMB Review; Comment Request; Survey of Nonparticipating Single Premium Group Annuity Rates Pension Benefit Guaranty Corporation. ACTION: Notice of Intent To Request Extension of OMB Approval of Information Collection. AGENCY: SUMMARY: The Pension Benefit Guaranty Corporation (‘‘PBGC’’) intends to request that the Office of Management and Budget (‘‘OMB’’) extend approval, under the Paperwork Reduction Act, of a collection of information that is not contained in a regulation (OMB control number 1212–0030; expires March 31, 2009). This voluntary collection of information is a quarterly survey of insurance company rates for pricing annuity contracts. The American Council of Life Insurers conducts this survey for PBGC. This notice informs the public of PBGC’s intent and solicits public comment on the collection of information. DATES: Comments should be submitted by January 27, 2009. ADDRESSES: Comments may be submitted by any of the following methods: Federal eRulemaking Portal: https:// www.regulations.gov. Follow the Web site instructions for submitting comments. E-mail: paperwork.comments@pbgc.gov. Fax: 202–326–4224. Mail or Hand Delivery: Legislative and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K E:\FR\FM\28NON1.SGM 28NON1 mstockstill on PROD1PC66 with NOTICES 72530 Federal Register / Vol. 73, No. 230 / Friday, November 28, 2008 / Notices Street, NW., Washington, DC 20005– 4026. Comments received will be posted to https://www.pbgc.gov. Copies of the collection of information may also be obtained without charge by writing to the Disclosure Division of the Office of the General Counsel of PBGC at the above address or by visiting the Disclosure Division 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 ask to be connected to 202–326–4040.) PBGC’s regulations on multiemployer plans may be accessed on PBGC’s Web site at https://www.pbgc.gov. FOR FURTHER INFORMATION CONTACT: Thomas H. Gabriel, Attorney, or Catherine B. Klion, Manager, Regulatory and Policy Division, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K Street, NW., Washington, DC 20005–4026, 202– 326–4024. (For TTY/TDD users, call the Federal relay service toll-free at 1–800– 877–8339 and ask to be connected 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 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 annuity markets. To determine these interest rates, 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 American Council of Life Insurers distributes the survey and provides PBGC with ‘‘blind’’ data (i.e., PBGC is unable to match responses with the companies that submitted them). PBGC also uses the information from the survey in determining the interest rates it uses to value benefits payable to participants and beneficiaries in PBGCtrusteed plans for purposes of 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 VerDate Aug<31>2005 17:16 Nov 26, 2008 Jkt 217001 Life Insurers. The survey is conducted quarterly and will be sent to approximately 22 insurance companies. Based on experience under the current approval, PBGC estimates that 6 insurance companies will complete and return the survey. PBGC further estimates that the average annual burden of this collection of information is 23 hours and $75. OMB has approved this collection of information under control number 1212–0030 through March 31, 2009. PBGC intends to request 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. PBGC is soliciting public comments to— • Evaluate whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; • Evaluate the accuracy of the agency’s estimate of the burden of the collection of information, including the validity of the methodology and assumptions used; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. Issued in Washington, DC, this 24th day of November 2008. John H. Hanley, Director, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation. [FR Doc. E8–28333 Filed 11–26–08; 8:45 am] BILLING CODE 7709–01–P POSTAL SERVICE BOARD OF GOVERNORS Sunshine Act Meeting 1 p.m., Tuesday, December 2, and 8:30 a.m., Wednesday, December 3, 2008. PLACE: Washington, DC, at U.S. Postal Service Headquarters, 475 L’Enfant Plaza, SW. STATUS: Closed. MATTERS TO BE CONSIDERED: TIME AND DATE: PO 00000 Frm 00089 Fmt 4703 Sfmt 4703 Tuesday, December 2 at 1 p.m. (Closed) 1. Financial Matters. 2. Strategic Issues. 3. Pricing. 4. Personnel Matters and Compensation Issues. 5. Governors’ Executive Session— Discussion of prior agenda items and Board Governance. Wednesday, December 3 at 8:30 a.m. (Closed)—(if needed) 1. Continuation of Tuesday’s closed session agenda. CONTACT PERSON FOR MORE INFORMATION: Julie S. Moore, Secretary of the Board, U.S. Postal Service, 475 L’Enfant Plaza, SW., Washington, DC 20260–1000. Telephone (202) 268–4800. Julie S. Moore, Secretary. [FR Doc. E8–28375 Filed 11–25–08; 11:15 am] BILLING CODE 7710–12–P PRESIDIO TRUST Notice of Receipt of and Availability for Public Comment on an Application for Wireless Telecommunications Facilities Site The Presidio Trust. Notice of receipt of and availability for public comment on an application for Wireless Telecommunications Facilities Site; the Presidio of San Francisco, California. AGENCY: ACTION: SUMMARY: This notice announces the Presidio Trust’s receipt of and availability for public comment on an application from Omnipoint Communications, Inc. d/b/a T-Mobile for a temporary wireless telecommunications facilities site (‘‘Project’’) in The Presidio of San Francisco. The proposed location of the Project is below the Highway 101 overpass adjacent to Doyle Drive, in the vicinity of 1158 Gorgas Avenue. The Project involves (i) licensing a 28′ x 22′ area (‘‘Site’’), (ii) placing a trailer with a cellular facility on wheels (‘‘COW’’) measuring approximately 27′ x 8′ on the Site, (iii) installing an 8′-high chain link fence with slats within a portion of an area already enclosed by a 12′-high chain link fence, and (iv) accessing electricity and telephone connectivity from 1158 Gorgas Avenue through surface conduit covered with an asphalt curb or crowned and sloped covering. The COW will host (a) a galvanized steel tower approximately 50′ tall, holding six antenna, three of which will be located at approximately E:\FR\FM\28NON1.SGM 28NON1

Agencies

Pension Benefit Guaranty Corporation

[Federal Register Volume 73, Number 230 (Friday, November 28, 2008)]
[Notices]
[Pages 72529-72530]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-28333]


=======================================================================
-----------------------------------------------------------------------

PENSION BENEFIT GUARANTY CORPORATION


Proposed Submission of Information Collection for OMB Review; 
Comment Request; Survey of Nonparticipating Single Premium Group 
Annuity Rates

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of Intent To Request Extension of OMB Approval of 
Information Collection.

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

SUMMARY: The Pension Benefit Guaranty Corporation (``PBGC'') intends to 
request that the Office of Management and Budget (``OMB'') extend 
approval, under the Paperwork Reduction Act, of a collection of 
information that is not contained in a regulation (OMB control number 
1212-0030; expires March 31, 2009). This voluntary collection of 
information is a quarterly survey of insurance company rates for 
pricing annuity contracts. The American Council of Life Insurers 
conducts this survey for PBGC. This notice informs the public of PBGC's 
intent and solicits public comment on the collection of information.

DATES: Comments should be submitted by January 27, 2009.

ADDRESSES: Comments may be submitted by any of the following methods:
    Federal eRulemaking Portal: https://www.regulations.gov. Follow the 
Web site instructions for submitting comments.
    E-mail: paperwork.comments@pbgc.gov.
    Fax: 202-326-4224.
    Mail or Hand Delivery: Legislative and Regulatory Department, 
Pension Benefit Guaranty Corporation, 1200 K

[[Page 72530]]

Street, NW., Washington, DC 20005-4026. Comments received will be 
posted to https://www.pbgc.gov.
    Copies of the collection of information may also be obtained 
without charge by writing to the Disclosure Division of the Office of 
the General Counsel of PBGC at the above address or by visiting the 
Disclosure Division 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 ask to be connected to 202-326-4040.) PBGC's 
regulations on multiemployer plans may be accessed on PBGC's Web site 
at https://www.pbgc.gov.

FOR FURTHER INFORMATION CONTACT: Thomas H. Gabriel, Attorney, or 
Catherine B. Klion, Manager, Regulatory and Policy Division, 
Legislative and Regulatory Department, Pension Benefit Guaranty 
Corporation, 1200 K Street, NW., Washington, DC 20005-4026, 202-326-
4024. (For TTY/TDD users, call the Federal relay service toll-free at 
1-800-877-8339 and ask to be connected 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 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 annuity markets. To determine these interest rates, 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 American 
Council of Life Insurers distributes the survey and provides PBGC with 
``blind'' data (i.e., PBGC is unable to match responses with the 
companies that submitted them). PBGC also uses the information from the 
survey in determining the interest rates it uses to value benefits 
payable to participants and beneficiaries in PBGC-trusteed plans for 
purposes of 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, PBGC estimates that 6 insurance companies will 
complete and return the survey. PBGC further estimates that the average 
annual burden of this collection of information is 23 hours and $75.
    OMB has approved this collection of information under control 
number 1212-0030 through March 31, 2009. PBGC intends to request 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.
    PBGC is soliciting public comments to--
     Evaluate whether the collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility;
     Evaluate the accuracy of the agency's estimate of the 
burden of the collection of information, including the validity of the 
methodology and assumptions used;
     Enhance the quality, utility, and clarity of the 
information to be collected; and
     Minimize the burden of the collection of information on 
those who are to respond, including through the use of appropriate 
automated, electronic, mechanical, or other technological collection 
techniques or other forms of information technology, e.g., permitting 
electronic submission of responses.

    Issued in Washington, DC, this 24th day of November 2008.
John H. Hanley,
Director, Legislative and Regulatory Department, Pension Benefit 
Guaranty Corporation.
[FR Doc. E8-28333 Filed 11-26-08; 8:45 am]
BILLING CODE 7709-01-P

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.