Allocation of Assets in Single-Employer Plans; Benefits Payable in Terminated Single-Employer Plans; Interest Assumptions for Valuing and Paying Benefits, 55966-55968 [2010-22953]
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55966
Federal Register / Vol. 75, No. 178 / Wednesday, September 15, 2010 / Rules and Regulations
Commission’s recent money market
fund reform package,5 the EDGAR
system will be upgraded to Release 10.3
on August 30, 2010. EDGAR Release
10.3 will deploy new submission types
N–MFP and N–MFP/A to facilitate the
electronic filing of the new form. Filers
must follow the Form N–MFP XML
Technical Specification, available at the
‘‘Information for EDGAR Filers’’ web
page on the Commission’s public Web
site (https://www.sec.gov/info/
edgar.shtml), to construct their Form
N–MFP and Form N–MFP/A
submissions via the EDGAR Filing Web
site (https://edgarfiling.sec.gov) or by
clicking the ‘‘Are you an EDGARLink
filer or would you like to create a new
Asset-Backed Securities Issuing Entity?’’
link from the EDGAR Portal Web site
(https://www.portal.edgarfiling.sec.gov).
Also being implemented in EDGAR
Release 10.3, EDGAR will begin to
automatically change the status of a
Series or Class to ‘‘Inactive’’ if it has not
been updated by filers or referenced in
a filing in the past 375 calendar days.
In addition, the EDGAR Filing Web
site, EDGAR Filer Management Web site
and EDGAR OnlineForms Web site
Login pages now will display a message
warning the filers that they are about to
enter a federal computer Web site.
The filer manual is also being revised
to address a change made previously in
EDGAR to disseminate the co-registrant
information for all investment company
notices and orders issued in connection
with 1940 Act applications. Prior to this
change, only the primary registrant
information was disseminated.
Along with adoption of the Filer
Manual, we are amending Rule 301 of
Regulation S–T to provide for the
incorporation by reference into the Code
of Federal Regulations of today’s
revisions. This incorporation by
reference was approved by the Director
of the Federal Register in accordance
with 5 U.S.C. 552(a) and 1 CFR Part 51.
You may obtain paper copies of the
updated Filer Manual at the following
address: Public Reference Room, U.S.
Securities and Exchange Commission,
100 F Street, NE., Room 1543,
Washington, DC 20549, on official
business days between the hours of 10
a.m. and 3 p.m. We will post electronic
format copies on the Commission’s Web
site; the address for the Filer Manual is
https://www.sec.gov/info/edgar.shtml.
Since the Filer Manual relates solely
to agency procedures or practice,
publication for notice and comment is
not required under the Administrative
Procedure Act (APA).6 It follows that
5 See
65
Release No. IC–29132 [75 FR 10060].
U.S.C. 553(b).
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18:17 Sep 14, 2010
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the requirements of the Regulatory
Flexibility Act 7 do not apply.
The effective date for the updated
Filer Manual and the rule amendments
is September 15, 2010. In accordance
with the APA,8 we find that there is
good cause to establish an effective date
less than 30 days after publication of
these rules. The EDGAR system upgrade
to Release 10.3 is scheduled to become
available on August 30, 2010. The
Commission believes that establishing
an effective date less than 30 days after
publication of these rules is necessary to
coordinate the effectiveness of the
updated Filer Manual with the system
upgrade.
Statutory Basis
We are adopting the amendments to
Regulation S–T under Sections 6, 7, 8,
10, and 19(a) of the Securities Act of
1933,9 Sections 3, 12, 13, 14, 15, 23, and
35A of the Securities Exchange Act of
1934,10 Section 319 of the Trust
Indenture Act of 1939,11 and Sections 8,
30, 31, and 38 of the Investment
Company Act of 1940.12
List of Subjects in 17 CFR Part 232
Incorporation by reference, Reporting
and recordkeeping requirements,
Securities.
Text of the Amendment
In accordance with the foregoing,
Title 17, Chapter II of the Code of
Federal Regulations is amended as
follows:
■
PART 232—REGULATION S–T—
GENERAL RULES AND REGULATIONS
FOR ELECTRONIC FILINGS
1. The authority citation for Part 232
continues to read in part as follows:
■
Authority: 15 U.S.C. 77f, 77g, 77h, 77j,
77s(a), 77z–3, 77sss(a), 78c(b), 78l, 78m, 78n,
78o(d), 78w(a), 78ll, 80a–6(c), 80a–8, 80a–29,
80a–30, 80a–37, and 7201 et seq.; and 18
U.S.C. 1350.
*
*
*
*
*
2. Section 232.301 is revised to read
as follows:
■
§ 232.301
EDGAR Filer Manual.
Filers must prepare electronic filings
in the manner prescribed by the EDGAR
Filer Manual, promulgated by the
Commission, which sets out the
technical formatting requirements for
electronic submissions. The
75
U.S.C. 601–612.
U.S.C. 553(d)(3).
9 15 U.S.C. 77f, 77g, 77h, 77j, and 77s(a).
10 15 U.S.C. 78c, 78l, 78m, 78n, 78o, 78w, and
78ll.
11 15 U.S.C. 77sss.
12 15 U.S.C. 80a–8, 80a–29, 80a–30, and 80a–37.
85
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requirements for becoming an EDGAR
Filer and updating company data are set
forth in the updated EDGAR Filer
Manual, Volume I: ‘‘General
Information,’’ Version 8 (October 2009).
The requirements for filing on EDGAR
are set forth in the updated EDGAR Filer
Manual, Volume II: ‘‘EDGAR Filing,’’
Version 15 (August 2010). Additional
provisions applicable to Form N–SAR
filers are set forth in the EDGAR Filer
Manual, Volume III: ‘‘N–SAR
Supplement,’’ Version 1 (September
2005). All of these provisions have been
incorporated by reference into the Code
of Federal Regulations, which action
was approved by the Director of the
Federal Register in accordance with 5
U.S.C. 552(a) and 1 CFR Part 51. You
must comply with these requirements in
order for documents to be timely
received and accepted. You can obtain
paper copies of the EDGAR Filer
Manual from the following address:
Public Reference Room, U.S. Securities
and Exchange Commission, 100 F
Street, NE., Room 1543, Washington, DC
20549, on official business days
between the hours of 10 a.m. and 3 p.m.
Electronic copies are available on the
Commission’s Web site. The address for
the Filer Manual is https://www.sec.gov/
info/edgar.shtml. You can also inspect
the document at the National Archives
and Records Administration (NARA).
For information on the availability of
this material at NARA, call 202–741–
6030, or go to: https://www.archives.gov/
federal_register/code_of_federal_
regulations/ibr_locations.html.
Dated: September 9, 2010.
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010–22983 Filed 9–14–10; 8:45 am]
BILLING CODE 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
Pension Benefit Guaranty
Corporation.
ACTION: Final rule.
AGENCY:
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
SUMMARY:
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Federal Register / Vol. 75, No. 178 / Wednesday, September 15, 2010 / Rules and Regulations
mstockstill on DSKH9S0YB1PROD with RULES
certain benefits under terminating
single-employer plans. This final rule
amends the asset allocation regulation
to adopt interest assumptions for plans
with valuation dates in the fourth
quarter of 2010 and amends the benefit
payments regulation to adopt interest
assumptions for plans with valuation
dates in October 2010. Interest
assumptions are also published on
PBGC’s Web site (https://www.pbgc.gov).
DATES: Effective October 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 SingleEmployer 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 fourth quarter
(October through December) of 2010 and
updates the assumptions under the
benefit payments regulation for October
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
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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 fourth
quarter (October through December) 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
October 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 October 2010.
The interest assumptions that PBGC
will use for valuing benefits for
allocation purposes (set forth in
Appendix B to part 4044) will be 4.48
percent for the first 25 years following
the valuation date and 4.51 percent
thereafter. In comparison with the
interest assumptions in effect for the
third quarter of 2010, these interest
assumptions represent an increase of 5
years in the select period (the period
during which the select rate (the initial
rate) applies), a decrease of 0.45 percent
in the select rate, and a decrease of 0.15
percent in the ultimate rate (the final
rate).
The interest assumptions that PBGC
will use for its own lump-sum payments
(set forth in Appendix B to part 4022)
will be 1.75 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
status. In comparison with the interest
assumptions in effect for September
2010, these interest assumptions
represent a decrease of 0.50 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
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55967
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 October 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.
■ In consideration of the foregoing, 29
CFR parts 4022 and 4044 are amended
as follows:
PART 4022—BENEFITS PAYABLE IN
TERMINATED SINGLE–EMPLOYER
PLANS
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.
2. In appendix B to part 4022, Rate Set
204, as set forth below, is added to the
table.
■
Appendix B to Part 4022—Lump Sum
Interest Rates for PBGC Payments
*
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*
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*
55968
Federal Register / Vol. 75, No. 178 / Wednesday, September 15, 2010 / Rules and Regulations
For plans with a valuation
date
Rate set
On or after
*
Before
*
204
*
10–1–10
11–1–10
3. In appendix C to part 4022, Rate Set
204, as set forth below, is added to the
table.
For plans with a valuation
date
*
Before
*
204
4.00
i3
n1
n2
*
4.00
*
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)
*
10–1–10
i2
*
1.75
*
On or after
i1
*
■
Rate set
Deferred annuities
(percent)
Immediate
annuity rate
(percent)
i2
i1
*
11–1–10
i3
*
1.75
4.00
*
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 October–December 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
*
*
*
*
October–December 2010 .................................................
Issued in Washington, DC, on this 9th day
of September 2010.
Vincent K. Snowbarger,
Deputy Director for Operations, Pension
Benefit Guaranty Corporation.
[FR Doc. 2010–22953 Filed 9–14–10; 8:45 am]
BILLING CODE 7709–01–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 100
[Docket No. USCG–2010–0518]
mstockstill on DSKH9S0YB1PROD with RULES
RIN 1625–AA08
Special Local Regulations, Sabine
River; Orange, TX
Coast Guard, DHS.
ACTION: Temporary final rule.
AGENCY:
The Coast Guard is
establishing a temporary Special Local
SUMMARY:
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for t =
it
*
0.0448
1–25
*
0.0451
Regulation in the Port Arthur Captain of
the Port Zone on the Sabine River,
Orange, Texas. This Special Local
Regulation is intended to restrict vessels
from portions of the Sabine River during
the Thunder on the Sabine boat races.
This Special Local Regulation is
necessary to protect spectators and
vessels from the hazards associated with
powerboat races.
DATES: This rule is effective from 8 a.m.
on September 25, 2010, to 6 p.m. on
September 26, 2010. This regulation
will be enforced daily from 8 a.m. until
6 p.m. on September 25 and 26, 2010.
ADDRESSES: Comments and material
received from the public, as well as
documents mentioned in this preamble
as being available in the docket, are part
of docket USCG–2010–0518 and are
available online by going to https://
www.regulations.gov, inserting USCG–
2010–0518 in the ‘‘Keyword’’ box, and
then clicking ‘‘Search.’’ This material is
also available for inspection or copying
at the Docket Management Facility (M–
PO 00000
Frm 00028
for t =
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it
for t =
*
>25
N/A
N/A
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.
If
you have questions on this rule, call or
e-mail Mr. Scott Whalen, Marine Safety
Unit Port Arthur, TX, Coast Guard;
telephone 409–719–5086, e-mail
scott.k.whalen@uscg.mil. If you have
questions on viewing the docket, call
Renee V. Wright, Program Manager,
Docket Operations, telephone 202–366–
9826.
FOR FURTHER INFORMATION CONTACT:
SUPPLEMENTARY INFORMATION:
Regulatory Information
On July 15, 2010 we published a
notice of proposed rulemaking (NPRM)
entitled Special Local Regulations;
Sabine River, Orange, TX in the Federal
Register (75 FR 41119). We received no
comments on the proposed rule. No
E:\FR\FM\15SER1.SGM
15SER1
]]>Agencies
[Federal Register Volume 75, Number 178 (Wednesday, September 15, 2010)]
[Rules and Regulations]
[Pages 55966-55968]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-22953]
=======================================================================
-----------------------------------------------------------------------
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
[[Page 55967]]
certain benefits under terminating single-employer plans. This final
rule amends the asset allocation regulation to adopt interest
assumptions for plans with valuation dates in the fourth quarter of
2010 and amends the benefit payments regulation to adopt interest
assumptions for plans with valuation dates in October 2010. Interest
assumptions are also published on PBGC's Web site (https://www.pbgc.gov).
DATES: Effective October 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
fourth quarter (October through December) of 2010 and updates the
assumptions under the benefit payments regulation for October 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 fourth quarter (October through December) 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 October 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 October 2010.
The interest assumptions that PBGC will use for valuing benefits
for allocation purposes (set forth in Appendix B to part 4044) will be
4.48 percent for the first 25 years following the valuation date and
4.51 percent thereafter. In comparison with the interest assumptions in
effect for the third quarter of 2010, these interest assumptions
represent an increase of 5 years in the select period (the period
during which the select rate (the initial rate) applies), a decrease of
0.45 percent in the select rate, and a decrease of 0.15 percent in the
ultimate rate (the final rate).
The interest assumptions that PBGC will use for its own lump-sum
payments (set forth in Appendix B to part 4022) will be 1.75 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 status. In
comparison with the interest assumptions in effect for September 2010,
these interest assumptions represent a decrease of 0.50 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 October
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 204, as set forth below, is
added to the table.
Appendix B to Part 4022--Lump Sum Interest Rates for PBGC Payments
* * * * *
[[Page 55968]]
--------------------------------------------------------------------------------------------------------------------------------------------------------
For plans with a valuation date Immediate Deferred annuities (percent)
Rate set ---------------------------------- annuity rate ------------------------------------------------------------------------------------
On or after Before (percent) i1 i2 i3 n1 n2
--------------------------------------------------------------------------------------------------------------------------------------------------------
* * * * * * *
204 10-1-10 11-1-10 1.75 4.00 4.00 4.00 7 8
--------------------------------------------------------------------------------------------------------------------------------------------------------
0
3. In appendix C to part 4022, Rate Set 204, 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
--------------------------------------------------------------------------------------------------------------------------------------------------------
* * * * * * *
204 10-1-10 11-1-10 1.75 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 October-December 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 =
----------------------------------------------------------------------------------------------------------------
* * * * * * *
October-December 2010....... 0.0448 1-25 0.0451 >25 N/A N/A
----------------------------------------------------------------------------------------------------------------
Issued in Washington, DC, on this 9th day of September 2010.
Vincent K. Snowbarger,
Deputy Director for Operations, Pension Benefit Guaranty Corporation.
[FR Doc. 2010-22953 Filed 9-14-10; 8:45 am]
BILLING CODE 7709-01-P
