Allocation of Assets in Single-Employer Plans; Benefits Payable in Terminated Single-Employer Plans; Interest Assumptions for Valuing and Paying Benefits, 33688-33690 [2010-14299]
Download as PDF
<![CDATA[
33688
Federal Register / Vol. 75, No. 114 / Tuesday, June 15, 2010 / Rules and Regulations
tanning services, which is $142.86 (($150/
$1050) × $1000). If E does not pay the tax at
the time E pays for the bundled services, S
is liable for the tax.
Example 6. G operates a full-service gym
facility that offers fitness classes, multiple
exercise machines (such as treadmills,
stationary bicycles, weight training
machines, and free weights), and has as its
predominant business providing these
facilities, equipment, and services to
members for purposes of exercise and
physical fitness. G provides its members with
access to indoor tanning services, comprised
of two tanning beds that meet the definition
of indoor tanning services under paragraph
(c)(1) of this section. G generally charges its
members a fee for monthly usage of its
facilities, equipment, and services, but also
offers short-term or free trial memberships
and allows non-members to purchase
individual or a series of exercise classes. G
does not charge any fee for the indoor
tanning services, does not offer indoor
tanning services separately from its other
services, and has no membership tier or
category that differs from others based on
access to the indoor tanning services. G holds
itself out to the public through advertising
and marketing as providing equipment and
services to improve physical fitness. On July
1, 2010, F pays a membership fee to G in
return for use of G’s facility during the month
of July. Under paragraph (b)(3) of this
section, no portion of F’s membership fee
payment is treated as a payment made for
indoor tanning services, because G is a
qualified physical fitness facility under
paragraph (c)(4) of this section. Therefore, no
liability for tax arises under section 5000B.
(h) Effective/applicability date. This
section applies to amounts paid after
June 30, 2010, for indoor tanning
services.
(i) Expiration date. This section
expires on or before June 11, 2013.
PART 602—OMB CONTROL NUMBERS
UNDER THE PAPERWORK
REDUCTION ACT
Par. 9. The authority citation for part
602 continues to read as follows:
■
Authority: 26 U.S.C. 7805.
Par. 10. In § 602.101, paragraph (b) is
amended by adding the following entry
in numerical order to the table to read
as follows:
■
§ 602.101
mstockstill on DSKH9S0YB1PROD with RULES
*
OMB Control numbers.
*
*
(b) * * *
*
*
Current
OMB control
No.
CFR part or section where
indentified and described
*
*
*
*
*
1.5000B–1 ................................
1545–2177
*
VerDate Mar<15>2010
*
*
18:32 Jun 14, 2010
*
Jkt 220001
*
Approved: June 9, 2010.
Steven T. Miller,
Deputy Commissioner for Services and
Enforcement.
Michael Mundaca,
Assistant Secretary of the Treasury (Tax
Policy).
[FR Doc. 2010–14398 Filed 6–11–10; 11:15 am]
BILLING CODE 4830–01–P
PENSION BENEFIT GUARANTY
CORPORATION
29 CFR Parts 4022 and 4044
Allocation of Assets in SingleEmployer Plans; Benefits Payable in
Terminated Single-Employer Plans;
Interest Assumptions for Valuing and
Paying Benefits
AGENCY: Pension Benefit Guaranty
Corporation.
ACTION: Final rule.
SUMMARY: Pension Benefit Guaranty
Corporation’s regulations on Allocation
of Assets in Single-Employer Plans and
Benefits Payable in Terminated SingleEmployer Plans prescribe interest
assumptions for valuing and paying
certain benefits under terminating
single-employer plans. This final rule
(1) amends the asset allocation
regulation to adopt interest assumptions
for plans with valuation dates in the
third quarter of 2010 and (2) amends the
benefit payments regulation to adopt
interest assumptions for plans with
valuation dates in July 2010. Interest
assumptions are also published on
PBGC=s Web site (https://www.pbgc.gov).
DATES: Effective July 1, 2010.
FOR FURTHER INFORMATION CONTACT:
Catherine B. Klion, Manager, Regulatory
and Policy Division, Legislative and
Regulatory Department, Pension Benefit
Guaranty Corporation, 1200 K Street,
NW., Washington, DC 20005, 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.)
SUPPLEMENTARY INFORMATION: PBGC’s
regulations prescribe actuarial
assumptions—including interest
assumptions—for valuing and paying
plan benefits of terminating singleemployer plans covered by title IV of
the Employee Retirement Income
Security Act of 1974. The interest
assumptions are intended to reflect
current conditions in the financial and
annuity markets.
These interest assumptions are found
in two PBGC regulations: the regulation
on Allocation of Assets in Single-
PO 00000
Frm 00016
Fmt 4700
Sfmt 4700
Employer Plans (29 CFR part 4044) and
the regulation on Benefits Payable in
Terminated Single-Employer Plans (29
CFR part 4022). Assumptions under the
asset allocation regulation are updated
quarterly; assumptions under the benefit
payments regulation are updated
monthly. This final rule updates the
assumptions under the asset allocation
regulation for the third quarter (July
through September) of 2010 and updates
the assumptions under the benefit
payments regulation for July 2010.
The interest assumptions prescribed
under the asset allocation regulation
(found in Appendix B to Part 4044) are
used for the valuation of benefits for
allocation purposes under ERISA
section 4044. Two sets of interest
assumptions are prescribed under the
benefit payments regulation: (1) A set
for PBGC to use to determine whether
a benefit is payable as a lump sum and
to determine lump-sum amounts to be
paid by PBGC (found in Appendix B to
Part 4022), and (2) a set for privatesector pension practitioners to refer to if
they wish to use lump-sum interest rates
determined using PBGC’s historical
methodology (found in Appendix C to
Part 4022).
This amendment (1) Adds to
appendix B to part 4044 the interest
assumptions for valuing benefits for
allocation purposes in plans with
valuation dates during the third quarter
(July through September) of 2010, (2)
adds to appendix B to part 4022 the
interest assumptions for PBGC to use for
its own lump-sum payments in plans
with valuation dates during July 2010,
and (3) adds to appendix C to part 4022
the interest assumptions for privatesector pension practitioners to refer to if
they wish to use lump-sum interest rates
determined using PBGC’s historical
methodology for valuation dates during
July 2010.
The interest assumptions that PBGC
will use for valuing benefits for
allocation purposes (set forth in
appendix B to part 4044) will be 4.93
percent for the first 20 years following
the valuation date and 4.66 percent
thereafter. In comparison with the
interest assumptions in effect for the
second quarter of 2010, these interest
assumptions represent an increase of
0.30 percent for the first 20 years
following the valuation date and an
increase of 0.15 percent for all years
thereafter.
The interest assumptions that PBGC
will use for its own lump-sum payments
(set forth in appendix B to part 4022)
will be 2.50 percent for the period
during which a benefit is in pay status
and 4.00 percent during any years
preceding the benefit’s placement in pay
E:\FR\FM\15JNR1.SGM
15JNR1
33689
Federal Register / Vol. 75, No. 114 / Tuesday, June 15, 2010 / Rules and Regulations
status. In comparison with the interest
assumptions in effect for June 2010,
these interest assumptions represent a
decrease of 0.25 percent in the
immediate annuity rate and are
otherwise unchanged. For private-sector
payments, the interest assumptions (set
forth in appendix C to part 4022) will
be the same as those used by PBGC for
determining and paying lump sums (set
forth in appendix B to part 4022).
PBGC has determined that notice and
public comment on this amendment are
impracticable and contrary to the public
interest. This finding is based on the
need to determine and issue new
interest assumptions promptly so that
the assumptions can reflect current
market conditions as accurately as
possible.
Because of the need to provide
immediate guidance for the valuation
and payment of benefits in plans with
Rate set
For plans with a valuation
date
On or after
*
201
Before
valuation dates during July 2010, PBGC
finds that good cause exists for making
the assumptions set forth in this
amendment effective less than 30 days
after publication.
PBGC has determined that this action
is not a ‘‘significant regulatory action’’
under the criteria set forth in Executive
Order 12866.
Because no general notice of proposed
rulemaking is required for this
amendment, the Regulatory Flexibility
Act of 1980 does not apply. See 5 U.S.C.
601(2).
List of Subjects
For plans with a valuation
date
On or after
*
201
Before
Appendix B to Part 4022—Lump Sum
Interest Rates For PBGC Payments
*
*
*
*
*
Deferred annuities
(percent)
Immediate
annuity rate
(percent)
i1
i2
*
4.00
2.50
i3
4.00
n1
*
n2
*
*
4.00
7
8
n1
n2
Appendix C to Part 4022—Lump Sum
Interest Rates For Private-Sector
Payments
*
*
*
*
Deferred annuities
(percent)
Immediate
annuity rate
(percent)
*
7–1–10
Authority: 29 U.S.C. 1302, 1322, 1322b,
1341(c)(3)(D), and 1344.
Employee benefit plans, Pension
insurance, Pensions, Reporting and
recordkeeping requirements.
*
Rate set
1. The authority citation for part 4022
continues to read as follows:
■
■
*
3. In appendix C to part 4022, Rate Set
201, as set forth below, is added to the
table.
PART 4022—BENEFITS PAYABLE IN
TERMINATED SINGLE–EMPLOYER
PLANS
2. In appendix B to part 4022, Rate Set
201, as set forth below, is added to the
table.
8–1–10
■
Employee benefit plans, Pension
insurance, Pensions.
■ In consideration of the foregoing, 29
CFR parts 4022 and 4044 are amended
as follows:
29 CFR Part 4022
*
7–1–10
29 CFR Part 4044
i1
*
4.00
*
8–1–10
2.50
i2
i3
4.00
*
*
*
4.00
7
8
Authority: 29 U.S.C. 1301(a), 1302(b)(3),
1341, 1344, 1362.
PART 4044—ALLOCATION OF
ASSETS IN SINGLE–EMPLOYER
PLANS
Appendix B to Part 4044—Interest
Rates Used to Value Benefits
5. In appendix B to part 4044, a new
entry for July—September 2010, as set
forth below, is added to the table.
*
■
4. The authority citation for part 4044
continues to read as follows:
■
*
*
*
*
The values of it are:
For valuation dates occurring in the months—
it
mstockstill on DSKH9S0YB1PROD with RULES
*
*
*
July–September 2010 .......................................................
VerDate Mar<15>2010
16:10 Jun 14, 2010
Jkt 220001
PO 00000
for t =
it
for t =
1–20
*
0.0466
>20
*
0.0493
Frm 00017
Fmt 4700
Sfmt 4700
E:\FR\FM\15JNR1.SGM
it
*
15JNR1
for t =
*
N/A
N/A
33690
Federal Register / Vol. 75, No. 114 / Tuesday, June 15, 2010 / Rules and Regulations
Issued in Washington, DC, on this 8th day
of June 2010.
Vincent K. Snowbarger,
Acting Director, Pension Benefit Guaranty
Corporation.
[FR Doc. 2010–14299 Filed 6–14–10; 8:45 am]
BILLING CODE 7709–01–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 100
[Docket No. USCG–2010–0443]
RIN 1625–AA00
Safety Zone, Lights on the River
Fireworks Display, Delaware River,
New Hope, PA
Coast Guard, DHS.
Temporary final rule.
AGENCY:
mstockstill on DSKH9S0YB1PROD with RULES
ACTION:
SUMMARY: The Coast Guard is
establishing a temporary safety zone on
the Delaware River in New Hope, PA.
The safety zone will restrict vessel
traffic on the Delaware River from
operating within 400 yards of a
fireworks barge located at 40°21′49″ N./
074°56′54″ W. The safety zone will
protect life and property while
preventing vessel traffic from navigating
on the Delaware River near the Bridge
Street Bridge and for 800 feet downriver
of the bridge in New Hope, PA.
DATES: This rule is effective from June
15, 2010 through July 30, 2010. This
rule may be enforced with actual notice
starting on the signature date.
ADDRESSES: Documents indicated in this
preamble as being available in the
docket are part of docket USCG–2010–
0443 and are available online by going
to https://www.regulations.gov, inserting
USCG–2010–0443 in the ‘‘Keyword’’
box, and then clicking ‘‘Search.’’ They
are also available for inspection or
copying at the Docket Management
Facility (M–30), U.S. Department of
Transportation, West Building Ground
Floor, Room W12–140, 1200 New Jersey
Avenue, SE., Washington, DC 20590,
between 9 a.m. and 5 p.m., Monday
through Friday, except Federal holidays.
FOR FURTHER INFORMATION CONTACT: If
you have questions on this temporary
rule, call or e-mail Ensign Gary George,
Chief Waterways Management, Sector
Delaware Bay, Coast Guard; telephone
215–271–4851, e-mail
gary.e.george@uscg.mil. If you have
questions on viewing the docket, call
Renee V. Wright, Program Manager,
Docket Operations, telephone 202–366–
9826.
VerDate Mar<15>2010
16:10 Jun 14, 2010
Jkt 220001
SUPPLEMENTARY INFORMATION:
Regulatory Information
The Coast Guard is issuing this
temporary final rule without prior
notice and opportunity to comment
pursuant to authority under section 4(a)
of the Administrative Procedure Act
(APA) (5 U.S.C. 553(b)). This provision
authorizes an agency to issue a rule
without prior notice and opportunity to
comment when the agency for good
cause finds that those procedures are
‘‘impracticable, unnecessary, or contrary
to the public interest.’’ Under 5 U.S.C.
553(b)(B), the Coast Guard finds that
good cause exists for not publishing a
notice of proposed rulemaking (NPRM)
with respect to this rule. Delaying action
on this rulemaking to allow for a
comment period would be contrary to
the public interest in allowing this event
to go on as scheduled. Furthermore, the
location of the event and short duration
(one hour once each week, in the
evening) mean that the chance of
significant impact on or interest by the
boating public is small.
Under 5 U.S.C. 553(d)(3), the Coast
Guard further finds that good cause
exists for making this rule effective less
than 30 days after publication in the
Federal Register for the same reason as
above. Delaying the establishment of the
safety zone could result in mariners
approaching the fireworks barge,
creating a hazardous scenario with
potential for loss of life and property.
Basis and Purpose
The New Hope Chamber of Commerce
has contracted Garden State Fireworks
Inc. for a fireworks display to reoccur
once a week on Friday evenings from
May 21, 2010 to July 30, 2010. The
establishment of this safety zone will
prevent vessels from entering the
fireworks fallout area, located on the
Delaware River at 40°21′49″ N./
074°567′54″ W. This safety zone will
help protect both life and property on
the Delaware River.
Discussion of Rule
The Coast Guard is establishing a
temporary safety zone which will be
enforced May 21, 2010 from 8 p.m. to
9 p.m. and then every Friday from May
28, 2010 through July 30, 2010 from 9
p.m. until 10 p.m.
Except for persons or vessels
authorized by the Captain of the Port, no
person or vessel may enter or remain in
the regulated area during the
enforcement period. The safety zone is
necessary to protect life and property
operating on the navigable waterways of
the Delaware River in New Hope, PA.
PO 00000
Frm 00018
Fmt 4700
Sfmt 4700
Regulatory Analyses
We developed this rule after
considering numerous statutes and
executive orders related to rulemaking.
Below we summarize our analyses
based on 13 of these statutes or
executive orders.
Regulatory Planning and Review
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. Although this regulation restricts
vessel traffic on the navigable waters of
the Delaware River, the effect of this
regulation will not be significant due to
the limited duration that the safety zone
will be in effect. While the safety zone
will be reoccurring on a weekly basis,
the enforcement window lasts for only
an hour in an area that is bordered
downriver by rapids, minimizing local
traffic that might pass though the
affected area.
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.
The Coast Guard certifies under 5
U.S.C. 605(b) that this rule will not have
a significant economic impact on a
substantial number of small entities.
This rule will affect the following
entities, some of which may be small
entities: The owners or operators of
vessels intending to transit in a portion
of the Delaware River, New Hope, PA
Fridays from May 28, 2010 through July
30, 2010 from 9 p.m. until 10 p.m.
This safety zone will not have a
significant economic impact on a
substantial number of small entities for
the following reasons. This rule will be
enforced for a maximum duration of one
hour. Vessel traffic may pass through
the affected area on the Delaware River
during time periods other than the time
needed to enforce the safety zone in
during the ‘‘Lights on the River’’
fireworks shows.
Assistance for Small Entities
Under section 213(a) of the Small
Business Regulatory Enforcement
E:\FR\FM\15JNR1.SGM
15JNR1
]]>Agencies
[Federal Register Volume 75, Number 114 (Tuesday, June 15, 2010)]
[Rules and Regulations]
[Pages 33688-33690]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-14299]
=======================================================================
-----------------------------------------------------------------------
PENSION BENEFIT GUARANTY CORPORATION
29 CFR Parts 4022 and 4044
Allocation of Assets in Single-Employer Plans; Benefits Payable
in Terminated Single-Employer Plans; Interest Assumptions for Valuing
and Paying Benefits
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: Pension Benefit Guaranty Corporation's regulations on
Allocation of Assets in Single-Employer Plans and Benefits Payable in
Terminated Single-Employer Plans prescribe interest assumptions for
valuing and paying certain benefits under terminating single-employer
plans. This final rule (1) amends the asset allocation regulation to
adopt interest assumptions for plans with valuation dates in the third
quarter of 2010 and (2) amends the benefit payments regulation to adopt
interest assumptions for plans with valuation dates in July 2010.
Interest assumptions are also published on PBGC=s Web site (https://www.pbgc.gov).
DATES: Effective July 1, 2010.
FOR FURTHER INFORMATION CONTACT: Catherine B. Klion, Manager,
Regulatory and Policy Division, Legislative and Regulatory Department,
Pension Benefit Guaranty Corporation, 1200 K Street, NW., Washington,
DC 20005, 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.)
SUPPLEMENTARY INFORMATION: PBGC's regulations prescribe actuarial
assumptions--including interest assumptions--for valuing and paying
plan benefits of terminating single-employer plans covered by title IV
of the Employee Retirement Income Security Act of 1974. The interest
assumptions are intended to reflect current conditions in the financial
and annuity markets.
These interest assumptions are found in two PBGC regulations: the
regulation on Allocation of Assets in Single-Employer Plans (29 CFR
part 4044) and the regulation on Benefits Payable in Terminated Single-
Employer Plans (29 CFR part 4022). Assumptions under the asset
allocation regulation are updated quarterly; assumptions under the
benefit payments regulation are updated monthly. This final rule
updates the assumptions under the asset allocation regulation for the
third quarter (July through September) of 2010 and updates the
assumptions under the benefit payments regulation for July 2010.
The interest assumptions prescribed under the asset allocation
regulation (found in Appendix B to Part 4044) are used for the
valuation of benefits for allocation purposes under ERISA section 4044.
Two sets of interest assumptions are prescribed under the benefit
payments regulation: (1) A set for PBGC to use to determine whether a
benefit is payable as a lump sum and to determine lump-sum amounts to
be paid by PBGC (found in Appendix B to Part 4022), and (2) a set for
private-sector pension practitioners to refer to if they wish to use
lump-sum interest rates determined using PBGC's historical methodology
(found in Appendix C to Part 4022).
This amendment (1) Adds to appendix B to part 4044 the interest
assumptions for valuing benefits for allocation purposes in plans with
valuation dates during the third quarter (July through September) of
2010, (2) adds to appendix B to part 4022 the interest assumptions for
PBGC to use for its own lump-sum payments in plans with valuation dates
during July 2010, and (3) adds to appendix C to part 4022 the interest
assumptions for private-sector pension practitioners to refer to if
they wish to use lump-sum interest rates determined using PBGC's
historical methodology for valuation dates during July 2010.
The interest assumptions that PBGC will use for valuing benefits
for allocation purposes (set forth in appendix B to part 4044) will be
4.93 percent for the first 20 years following the valuation date and
4.66 percent thereafter. In comparison with the interest assumptions in
effect for the second quarter of 2010, these interest assumptions
represent an increase of 0.30 percent for the first 20 years following
the valuation date and an increase of 0.15 percent for all years
thereafter.
The interest assumptions that PBGC will use for its own lump-sum
payments (set forth in appendix B to part 4022) will be 2.50 percent
for the period during which a benefit is in pay status and 4.00 percent
during any years preceding the benefit's placement in pay
[[Page 33689]]
status. In comparison with the interest assumptions in effect for June
2010, these interest assumptions represent a decrease of 0.25 percent
in the immediate annuity rate and are otherwise unchanged. For private-
sector payments, the interest assumptions (set forth in appendix C to
part 4022) will be the same as those used by PBGC for determining and
paying lump sums (set forth in appendix B to part 4022).
PBGC has determined that notice and public comment on this
amendment are impracticable and contrary to the public interest. This
finding is based on the need to determine and issue new interest
assumptions promptly so that the assumptions can reflect current market
conditions as accurately as possible.
Because of the need to provide immediate guidance for the valuation
and payment of benefits in plans with valuation dates during July 2010,
PBGC finds that good cause exists for making the assumptions set forth
in this amendment effective less than 30 days after publication.
PBGC has determined that this action is not a ``significant
regulatory action'' under the criteria set forth in Executive Order
12866.
Because no general notice of proposed rulemaking is required for
this amendment, the Regulatory Flexibility Act of 1980 does not apply.
See 5 U.S.C. 601(2).
List of Subjects
29 CFR Part 4022
Employee benefit plans, Pension insurance, Pensions, Reporting and
recordkeeping requirements.
29 CFR Part 4044
Employee benefit plans, Pension insurance, Pensions.
0
In consideration of the foregoing, 29 CFR parts 4022 and 4044 are
amended as follows:
PART 4022--BENEFITS PAYABLE IN TERMINATED SINGLE-EMPLOYER PLANS
0
1. The authority citation for part 4022 continues to read as follows:
Authority: 29 U.S.C. 1302, 1322, 1322b, 1341(c)(3)(D), and 1344.
0
2. In appendix B to part 4022, Rate Set 201, as set forth below, is
added to the table.
Appendix B to Part 4022--Lump Sum Interest Rates For PBGC Payments
* * * * *
--------------------------------------------------------------------------------------------------------------------------------------------------------
For plans with a valuation date Immediate Deferred annuities (percent)
Rate set ---------------------------------- annuity rate ------------------------------------------------------------------------------------
On or after Before (percent) i1 i2 i3 n1 n2
--------------------------------------------------------------------------------------------------------------------------------------------------------
* * * * * * *
201 7-1-10 8-1-10 2.50 4.00 4.00 4.00 7 8
--------------------------------------------------------------------------------------------------------------------------------------------------------
0
3. In appendix C to part 4022, Rate Set 201, as set forth below, is
added to the table.
Appendix C to Part 4022--Lump Sum Interest Rates For Private-Sector
Payments
* * * * *
--------------------------------------------------------------------------------------------------------------------------------------------------------
For plans with a valuation date Immediate Deferred annuities (percent)
Rate set ---------------------------------- annuity rate ------------------------------------------------------------------------------------
On or after Before (percent) i1 i2 i3 n1 n2
--------------------------------------------------------------------------------------------------------------------------------------------------------
* * * * * * *
201 7-1-10 8-1-10 2.50 4.00 4.00 4.00 7 8
--------------------------------------------------------------------------------------------------------------------------------------------------------
PART 4044--ALLOCATION OF ASSETS IN SINGLE-EMPLOYER PLANS
0
4. The authority citation for part 4044 continues to read as follows:
Authority: 29 U.S.C. 1301(a), 1302(b)(3), 1341, 1344, 1362.
0
5. In appendix B to part 4044, a new entry for July--September 2010, as
set forth below, is added to the table.
Appendix B to Part 4044--Interest Rates Used to Value Benefits
* * * * *
----------------------------------------------------------------------------------------------------------------
The values of it are:
For valuation dates -----------------------------------------------------------------------------------
occurring in the months-- it for t = it for t = it for t =
----------------------------------------------------------------------------------------------------------------
* * * * * * *
July-September 2010......... 0.0493 1-20 0.0466 >20 N/A N/A
----------------------------------------------------------------------------------------------------------------
[[Page 33690]]
Issued in Washington, DC, on this 8th day of June 2010.
Vincent K. Snowbarger,
Acting Director, Pension Benefit Guaranty Corporation.
[FR Doc. 2010-14299 Filed 6-14-10; 8:45 am]
BILLING CODE 7709-01-P
