National Council on Federal Labor-Management Relations Meeting, 81678 [2010-32625]
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81678
Federal Register / Vol. 75, No. 248 / Tuesday, December 28, 2010 / Notices
emcdonald on DSK2BSOYB1PROD with NOTICES
confidential financial information
within the meaning of 5 U.S.C. 552(b)(4)
(Freedom of Information Act). See 29
CFR 4204.21.
Under § 4204.22 of the regulation,
PBGC shall approve a request for a
variance or exemption if it determines
that approval of the request is
warranted, in that it:
(1) Would more effectively or
equitably carry out the purposes of Title
IV of the Act; and
(2) Would not significantly increase
the risk of financial loss to the plan.
Section 4204(c) of ERISA and
§ 4204.22(b) of the regulation requires
PBGC to publish a notice of the
pendency of a request for a variance or
exemption in the Federal Register, and
to provide interested parties with an
opportunity to comment on the
proposed variance or exemption.
The Request
PBGC has received a request, dated
September 9, 2010, from Rangers
Baseball Express, LLC (the ‘‘Purchaser’’)
for an exemption from the bond/escrow
requirement of section 4204(a)(1)(B)
with respect to its purchase of Texas
Rangers Baseball Partners (the ‘‘Seller’’).
In the request, the Purchaser represents,
among other things, that:
1. The Seller was obligated to
contribute to the Major League Baseball
Players Pension Plan (the ‘‘Plan’’) for
certain employees of the purchased
operations.
2. The Purchaser has agreed to assume
the obligation to contribute to the Plan
for substantially the same number of
contribution base units as the Seller.
3. The Seller has agreed to be
secondarily liable for any withdrawal
liability it would have had with respect
to the purchased operations (if not for
section 4204) should the Purchaser
withdraw from the Plan and fail to pay
its withdrawal liability.
4. The estimated amount of the
withdrawal liability of the Seller with
respect to the operations subject to the
sale is $34,030,359.
5. The amount of the bond/escrow
established under section 4204(a)(1)(B)
is $4,068,868, which is to be posted if
PBGC has not acted on the request by
the end of the plan year of the request.
6. The Major League Baseball Clubs
(the ‘‘Clubs’’) have established the Major
League Central Fund (the ‘‘Central
Fund’’) pursuant to the Major League
Baseball Constitution. Under this
Constitution, the Office of the
Commissioner of Baseball pays
contributions to the Plan from the
Central Fund on behalf of each
participating employer in satisfaction of
the employer’s pension liability under
VerDate Mar<15>2010
22:37 Dec 27, 2010
Jkt 223001
the Plan’s funding agreement. The
monies in the Central Fund are derived
directly from (i) gate receipts from AllStar games; (ii) radio and television
revenue from World Series, League
Championship Series, Division Series,
All-Star Games, and (iii) certain other
radio and television revenue, including
revenues from foreign broadcasts,
regular, spring training, and exhibition
games (‘‘Revenues’’).
7. In support of the exemption
request, the Purchaser asserts that ‘‘[t]he
Plan is funded from the Revenues which
are paid from the Central Fund directly
to the Plan without passing through the
hands of any of the Clubs. Therefore, the
Plan enjoys a substantial degree of
security with respect to contributions on
behalf of the Clubs. A change in
ownership of a particular Club does not
affect the obligation of the Central Fund
to fund the Plan out of the Revenues. As
such, approval of this exemption
request would not significantly increase
the risk of financial loss to the Plan.’’
8. A complete copy of the request was
sent to the Plan and to the Major League
Baseball Players Association by certified
mail, return receipt requested.
Issued at Washington, DC on December 17,
2010.
Joshua Gotbaum,
Director.
[FR Doc. 2010–32532 Filed 12–27–10; 8:45 am]
BILLING CODE 7708–01–P
OFFICE OF PERSONNEL
MANAGEMENT
National Council on Federal LaborManagement Relations Meeting
Office of Personnel
Management.
ACTION: Notice of meeting.
AGENCY:
PO 00000
Frm 00119
Fmt 4703
Sfmt 4703
For the National Council.
John Berry,
Director.
[FR Doc. 2010–32625 Filed 12–27–10; 8:45 am]
The National Council on
Federal Labor-Management Relations
plans to meet on the following dates—
Wednesday, January 19, 2011.
Wednesday, February 16, 2011.
The meetings will start at 10 a.m. and
will be held in the AIA Gallery Room at
the American Institute of Architects,
1735 New York Avenue, NW.,
Washington, DC 20006. Interested
parties should consult the Council Web
site at https://www.lmrcouncil.gov for the
latest information on Council activities,
including changes in meeting dates.
The Council is an advisory body
composed of representatives of Federal
employee organizations, Federal
management organizations, and senior
government officials. The Council was
established by Executive Order 13522,
entitled, ‘‘Creating Labor-Management
SUMMARY:
Forums to Improve Delivery of
Government Services,’’ which was
signed by the President on December 9,
2009. Along with its other
responsibilities, the Council assists in
the implementation of Labor
Management Forums throughout the
government and makes
recommendations to the President on
innovative ways to improve delivery of
services and products to the public
while cutting costs and advancing
employee interests. The Council is cochaired by the Director of the Office of
Personnel Management and the Deputy
Director for Management of the Office of
Management and Budget.
At its meetings, the Council will
continue its work in promoting
cooperative and productive
relationships between labor and
management in the executive branch, by
carrying out the responsibilities and
functions listed in Section 1(b) of the
Executive Order. The meetings are open
to the public. Please contact the Office
of Personnel Management at the address
shown below if you wish to present
material to the Council at the meeting.
The manner and time prescribed for
presentations may be limited,
depending upon the number of parties
that express interest in presenting
information.
FOR FURTHER INFORMATION CONTACT: Tim
Curry, Deputy Associate Director for
Partnership and Labor Relations, Office
of Personnel Management, 1900 E
Street, NW., Room 7H28–E,
Washington, DC 20415. Phone (202)
606–2930; FAX (202) 606–2613; or
e-mail at PLR@opm.gov.
BILLING CODE 6325–39–P
OFFICE OF SCIENCE AND
TECHNOLOGY POLICY
Aeronautics Science and Technology
Subcommittee; Committee on
Technology; National Science and
Technology Council
Notice of Meeting—Public input
is requested on the National
Aeronautics Research, Development,
Test and Evaluation (RDT&E)
Infrastructure Plan.
ACTION:
The Aeronautics Science and
Technology Subcommittee (ASTS) of
the National Science and Technology
Council’s (NSTC) Committee on
Technology will hold a public meeting
SUMMARY:
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28DEN1
]]>Agencies
[Federal Register Volume 75, Number 248 (Tuesday, December 28, 2010)]
[Notices]
[Page 81678]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-32625]
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OFFICE OF PERSONNEL MANAGEMENT
National Council on Federal Labor-Management Relations Meeting
AGENCY: Office of Personnel Management.
ACTION: Notice of meeting.
-----------------------------------------------------------------------
SUMMARY: The National Council on Federal Labor-Management Relations
plans to meet on the following dates--
Wednesday, January 19, 2011.
Wednesday, February 16, 2011.
The meetings will start at 10 a.m. and will be held in the AIA
Gallery Room at the American Institute of Architects, 1735 New York
Avenue, NW., Washington, DC 20006. Interested parties should consult
the Council Web site at https://www.lmrcouncil.gov for the latest
information on Council activities, including changes in meeting dates.
The Council is an advisory body composed of representatives of
Federal employee organizations, Federal management organizations, and
senior government officials. The Council was established by Executive
Order 13522, entitled, ``Creating Labor-Management Forums to Improve
Delivery of Government Services,'' which was signed by the President on
December 9, 2009. Along with its other responsibilities, the Council
assists in the implementation of Labor Management Forums throughout the
government and makes recommendations to the President on innovative
ways to improve delivery of services and products to the public while
cutting costs and advancing employee interests. The Council is co-
chaired by the Director of the Office of Personnel Management and the
Deputy Director for Management of the Office of Management and Budget.
At its meetings, the Council will continue its work in promoting
cooperative and productive relationships between labor and management
in the executive branch, by carrying out the responsibilities and
functions listed in Section 1(b) of the Executive Order. The meetings
are open to the public. Please contact the Office of Personnel
Management at the address shown below if you wish to present material
to the Council at the meeting. The manner and time prescribed for
presentations may be limited, depending upon the number of parties that
express interest in presenting information.
FOR FURTHER INFORMATION CONTACT: Tim Curry, Deputy Associate Director
for Partnership and Labor Relations, Office of Personnel Management,
1900 E Street, NW., Room 7H28-E, Washington, DC 20415. Phone (202) 606-
2930; FAX (202) 606-2613; or e-mail at PLR@opm.gov.
For the National Council.
John Berry,
Director.
[FR Doc. 2010-32625 Filed 12-27-10; 8:45 am]
BILLING CODE 6325-39-P
