Federal Employees' Group Life Insurance Program: New Federal Employees' Group Life Insurance (FEGLI) Premiums, 70510-70512 [2011-29285]
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70510
Federal Register / Vol. 76, No. 219 / Monday, November 14, 2011 / Notices
Dated: November 7, 2011.
Kathy Plowitz-Worden,
Panel Coordinator, Panel Operations,
National Endowment for the Arts.
[FR Doc. 2011–29230 Filed 11–10–11; 8:45 am]
BILLING CODE 7537–01–P
NATIONAL FOUNDATION ON THE
ARTS AND THE HUMANITIES
mstockstill on DSK4VPTVN1PROD with NOTICES
National Endowment for the Arts; Arts
Advisory Panel
Pursuant to Section 10(a)(2) of the
Federal Advisory Committee Act (Pub.
L. 92–463), as amended, notice is hereby
given that ten meetings of the Arts
Advisory Panel to the National Council
on the Arts will be held at the Nancy
Hanks Center, 1100 Pennsylvania
Avenue NW., Washington, DC 20506 as
follows (ending times are approximate):
Arts Education (application review):
November 29–December 2, 2011 in
Room 714. This meeting, from 9 a.m. to
5:30 p.m. on November 29th–December
1st and from 9 a.m. to 3 p.m. on
December 2nd, will be closed.
Visual Arts (application review):
November 30–December 2, 2011 in
Room 730. This meeting, from 9 a.m. to
5:30 p.m. on November 30th, from
9 a.m. to 6 p.m. on December 1st, and
from 9 a.m. to 3:30 p.m. on December
2nd, will be closed.
Literature (application review):
November 30–December 1, 2011 in
Room 627. This meeting, from 9 a.m. to
6:30 p.m. on November 30th and from
9 a.m. to 5 p.m. on December 1st, will
be closed.
Literature (application review):
December 2, 2011 in Room 627. This
meeting, from 9 a.m. to 6 p.m., will be
closed.
Presenting (application review):
December 5–6, 2011 in Room 627. This
meeting, from 9 a.m. to 5:30 p.m. on
December 5th and from 9 a.m. to
4:45 p.m. on December 6th, will be
closed.
Design (application review):
December 5–7, 2011 in Room 714. This
meeting, from 9 a.m. to 5:30 p.m. on
December 5th and 6th, and from 9 a.m.
to 3 p.m. on December 7th, will be
closed.
Theater (application review):
December 7–9, 2011 in Room 716. This
meeting, from 9 a.m. to 5:30 p.m. on
December 7th, from 9 a.m. to 6 p.m. on
December 8th, and from 9 a.m. to 3 p.m.
on December 9th, will be closed.
Media Arts (application review):
December 7–9, 2011 in Room 730. This
meeting, from 9 a.m. to 5:45 p.m. on
December 7th, from 9 a.m. to 6 p.m. on
December 8th, and from 9 a.m. to 5 p.m.
on December 9th, will be closed.
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19:40 Nov 10, 2011
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Opera (application review): December
12, 2011 in Room 716. This meeting,
from 8:45 a.m. to 5:30 p.m., will be
closed.
Opera (application review): December
13, 2011 in Room 716. This meeting,
from 8:5 a.m. to 5:30 p.m., will be
closed.
The closed portions of meetings are
for the purpose of Panel review,
discussion, evaluation, and
recommendations on financial
assistance under the National
Foundation on the Arts and the
Humanities Act of 1965, as amended,
including information given in
confidence to the agency. In accordance
with the determination of the Chairman
of February 15, 2011, these sessions will
be closed to the public pursuant to
subsection (c)(6) of section 552b of Title
5, United States Code.
Any person may observe meetings, or
portions thereof, of advisory panels that
are open to the public, and if time
allows, may be permitted to participate
in the panel’s discussions at the
discretion of the panel chairman. If you
need any accommodations due to a
disability, please contact the Office of
AccessAbility, National Endowment for
the Arts, 1100 Pennsylvania Avenue
NW., Washington, DC 20506, (202) 682–
5532, TDY–TDD (202) 682–5496, at least
seven (7) days prior to the meeting.
Further information with reference to
these meetings can be obtained from Ms.
Kathy Plowitz-Worden, Office of
Guidelines & Panel Operations, National
Endowment for the Arts, Washington,
DC 20506, or call (202) 682–5691.
Dated: November 7, 2011.
Kathy Plowitz-Worden,
Panel Coordinator, Panel Operations,
National Endowment for the Arts.
[FR Doc. 2011–29231 Filed 11–10–11; 8:45 am]
BILLING CODE 7537–01–P
OVERSEAS PRIVATE INVESTMENT
CORPORATION
Individuals wishing to address the
hearing orally must provide advance
notice to OPIC’s Corporate Secretary no
later than 5 p.m. Wednesday, November
23, 2011. The notice must include the
individual’s name, title, organization,
address, and telephone number, and a
concise summary of the subject matter
to be presented.
Oral presentations may not exceed ten
(10) minutes. The time for individual
presentations may be reduced
proportionately, if necessary, to afford
all participants who have submitted a
timely request an opportunity to be
heard.
Participants wishing to submit a
written statement for the record must
submit a copy of such statement to
OPIC’s Corporate Secretary no later than
5 p.m. Wednesday, November 23, 2011.
Such statement must be typewritten,
double-spaced, and may not exceed
twenty-five (25) pages.
Upon receipt of the required notice,
OPIC will prepare an agenda, which
will be available at the hearing, that
identifies speakers, the subject on which
each participant will speak, and the
time allotted for each presentation.
A written summary of the hearing will
be compiled, and such summary will be
made available, upon written request to
OPIC’s Corporate Secretary, at the cost
of reproduction.
Written summaries of the projects to
be presented at the December 8, 2011
Board meeting will be posted on OPIC’s
web site on or about Thursday,
November 17, 2011.
CONTACT PERSON FOR INFORMATION:
Information on the hearing may be
obtained from Connie M. Downs at (202)
336–8438, via facsimile at (202) 408–
0297, or via email at
Connie.Downs@opic.gov.
Dated: November 9, 2011.
Connie M. Downs,
OPIC Corporate Secretary.
[FR Doc. 2011–29453 Filed 11–9–11; 4:15 pm]
BILLING CODE 3210–01–P
Sunshine Act Meeting—November 30,
2011 Public Hearing
2 p.m., Wednesday,
November 30, 2011.
PLACE: Offices of the Corporation,
Twelfth Floor Board Room, 1100 New
York Avenue NW., Washington, DC
STATUS: Hearing OPEN to the Public at
2 p.m.
PURPOSE: Public Hearing in conjunction
with each meeting of OPIC’s Board of
Directors, to afford an opportunity for
any person to present views regarding
the activities of the Corporation.
PROCEDURES:
TIME AND DATE:
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OFFICE OF PERSONNEL
MANAGEMENT
Federal Employees’ Group Life
Insurance Program: New Federal
Employees’ Group Life Insurance
(FEGLI) Premiums
Office of Personnel
Management.
ACTION: Notice.
AGENCY:
The Office of Personnel
Management (OPM) is announcing
changes in premiums for certain Federal
SUMMARY:
E:\FR\FM\14NON1.SGM
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70511
Federal Register / Vol. 76, No. 219 / Monday, November 14, 2011 / Notices
Employees’ Group Life Insurance
(FEGLI) categories in accordance with
sections 870.401(a)(2) and 870.402(a)(3)
of title 5 of the Code of Federal
Regulations. These include changes to
premiums for Option B (most age
bands), Option C (all age bands), and
Post-Retirement Basic Insurance. These
rates will be effective the first pay
period beginning on or after January 1,
2012.
DATES: Effective Date: January 1, 2012.
FOR FURTHER INFORMATION CONTACT:
Marguerite Martel,
marguerite.martel@opm.gov, (202) 606–
0004.
SUPPLEMENTARY INFORMATION: This
notice announces changes to FEGLI
Option B (most age bands), Option C (all
age bands) and Post-Retirement Basic
Insurance. The last premium change for
some age categories of Option B and
Option C and Post-Retirement Basic
insurances was on the first pay period
beginning on or after January 1, 2003
(Option B and Option C coverages had
a three-year phase-in of premium
changes ending in January 2005). Those
changes coincided with the
implementation of the Federal
Employees’ Life Insurance Improvement
Act, Public Law 105–311, (112 Stat.
2950) which provided expanded
coverage choices for employees, retirees,
and compensationers with Option B and
Option C coverage past age 65.
The premiums in the FEGLI Program
represent estimates of premium income
necessary to pay future expected
benefits costs. The rates for all coverage
categories are specific to the experience
of the FEGLI group and are not based on
mortality rates within the general
population. Actuarial analysis of
changing mortality rates makes periodic
premium adjustments necessary.
Accordingly, OPM has completed a
study of funding and claims experience
within the FEGLI Program. Based on
this updated actuarial analysis of actual
claims experience, OPM has determined
that changes are required to Option B,
Option C and Post-Retirement Basic
premiums. These changes reflect
updated mortality and claims rates from
actual program experience within each
FEGLI category. The legislative structure
of the FEGLI Program assumes that we
set premiums for each age band
independently of the other bands, so
that each age band is financially selfsupporting.
Based on updated experience,
premiums for all Option B age bands,
other than the oldest groups (ages 75–
79 and ages 80 and over), will decrease.
Premiums for Option C age bands under
age 45 will also decrease. However, a
rate increase is needed for Option C
premiums for those ages 45 and over.
Premiums for Post-Retirement Basic
FEGLI will also increase slightly for
those enrollees who elect the 50%
Reduction and No Reduction. These
increases are necessary due to the
experience of the group and are
necessary to sufficiently fund the
projected future increases.
We will issue guidance to all agencies
for the purpose of counseling employees
and we will notify affected annuitants
directly via OPM’s Office of Retirement
Services. The FEGLI premium rates will
be maintained on the FEGLI Web site
https://www.opm.gov/insure/life.
The new FEGLI premium rates for
Option B, Option C and the PostRetirement Basic Option are as follows:
OPTION B PREMIUM PER $1,000 OF
INSURANCE
Age band
Under 35 ...................
35–39 ........................
40–44 ........................
45–49 ........................
50–54 ........................
55–59 ........................
60–64 ........................
65–69 ........................
70–74 ........................
75–79 ........................
80 and over ..............
Biweekly
$0.02
0.03
0.05
0.08
0.13
0.23
0.52
0.62
1.14
1.80
2.40
Monthly
$0.043
0.065
0.108
0.173
0.282
0.498
1.127
1.343
2.470
3.900
5.200
The premiums for compensationers who
are paid every four weeks are two times
the biweekly premium.
OPTION C PREMIUM PER MULTIPLE OF
INSURANCE
Age band
Under 35 ...................
35–39 ........................
40–44 ........................
45–49 ........................
50–54 ........................
55–59 ........................
60–64 ........................
65–69 ........................
70–74 ........................
75–79 ........................
80 and over ..............
Biweekly
$0.22
0.29
0.42
0.63
0.94
1.52
2.70
3.14
3.60
4.80
6.60
Monthly
$0.48
0.63
0.91
1.37
2.04
3.29
5.85
6.80
7.80
10.40
14.30
The premiums for compensationers who
are paid every four weeks are two times
the biweekly premium.
ANNUITANT BASIC PREMIUM PER $1,000 OF INSURANCE
Monthly withholding for
each $1,000 of your BIA
before age 65
(in dollars)
Election
Monthly withholding for
each $1,000 of your BIA
after age 65
(in dollars)
0.3250
0.9650
2.2650
(*)
0.64
1.94
75% Reduction ........................................................................................................................
50% Reduction ........................................................................................................................
No Reduction ...........................................................................................................................
* No
cost.
COMPENSATIONER BASIC PREMIUM PER $1,000 OF INSURANCE
Withholding every 4
weeks for each $1,000
of your BIA before age
65
(in dollars)
mstockstill on DSK4VPTVN1PROD with NOTICES
Election
75% Reduction ........................................................................................................................
50% Reduction ........................................................................................................................
No Reduction ...........................................................................................................................
* No
0.30
0.89
2.09
cost.
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E:\FR\FM\14NON1.SGM
14NON1
Withholding every 4
weeks for each $1,000
of your BIA after age 65
(in dollars)
(*)
0.59
1.79
70512
Federal Register / Vol. 76, No. 219 / Monday, November 14, 2011 / Notices
Premiums for other FEGLI coverages,
including the Basic Employee premium
and Option A (all age bands), will not
change at this time. These rates will be
effective the first pay period beginning
on or after January 1, 2012.
U.S. Office of Personnel Management.
John Berry,
Director.
[FR Doc. 2011–29285 Filed 11–10–11; 8:45 am]
BILLING CODE 6325–63–P
OFFICE OF PERSONNEL
MANAGEMENT
Federal Prevailing Rate Advisory
Committee; Cancellation of Upcoming
Meeting
U.S. Office of Personnel
Management.
ACTION: Notice.
AGENCY:
The Federal Prevailing Rate
Advisory Committee is issuing this
notice to cancel the November 17, 2011,
public meeting scheduled to be held in
Room 5A06A, U.S. Office of Personnel
Management Building, 1900 E Street
NW., Washington, DC. The original
Federal Register notice announcing this
meeting was published Monday,
December 6, 2010, at 75 FR 75706.
FOR FURTHER INFORMATION CONTACT:
Madeline Gonzalez, (202) 606–2838;
email pay-leave-policy@opm.gov; or
FAX: (202) 606–4264.
SUMMARY:
U.S. Office of Personnel Management.
Sheldon Friedman,
Chairman, Federal Prevailing Rate Advisory
Committee.
[FR Doc. 2011–29274 Filed 11–10–11; 8:45 am]
BILLING CODE 6325–49–P
OFFICE OF PERSONNEL
MANAGEMENT
Privacy Act of 1974: New System of
Records
U.S. Office of Personnel
Management (OPM).
ACTION: Notice of a revised system of
records OPM Central-16, Health Claims
Disputes External Review Services.
AGENCY:
The Patient Protection and
Affordable Care Act, Public Law 111–
148, was enacted on March 23, 2010,
and the Health Care and Education
Reconciliation Act (the Reconciliation
Act), Public Law 111–152, was enacted
on March 30, 2010 (jointly referred to as
‘‘the Affordable Care Act’’). The
Affordable Care Act and implementing
regulations (codified in Department of
Heath and Human Services (HHS)
mstockstill on DSK4VPTVN1PROD with NOTICES
SUMMARY:
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19:40 Nov 10, 2011
Jkt 226001
amended interim final rules (IFR) at 45
CFR Part 147) require that nongrandfathered health insurance plans
and issuers offering group and
individual coverage have effective
internal claims and appeals and external
review processes. The effective date for
these requirements is plan or policy
years beginning on or after September
23, 2010. Regarding external review, the
statute requires that health plans and
issuers comply with either a state
external review process or a process
meeting standards issued by the
Secretary of Health and Human Services
(HHS) that is ‘‘similar to’’ a state process
meeting requirements in section 2719
(of what?) (a ‘‘federal external review
process’’). The IFR now includes a
transition period prior to January 1,
2012, during which time HHS will work
with states to assist in making any
necessary changes so that the state
process will meet either the minimum
consumer protections identified in 45
CFR 147.136 or, until January 1, 2014,
the temporary standards listed in
Technical Release 2011–02 that must be
met in order for the state process to
apply. Currently, the Office of Personnel
Management (OPM) is administering an
interim federal external review process
for states that have not passed an
external review law that was in effect on
September 23, 2010. Beginning January
1, 2012, OPM will administer a federal
external review process for all states
that do not meet the required minimum
consumer protections identified in the
interim final regulations.
On September 16, 2010, OPM
published a system of records that
includes data relevant to external
reviews entitled OPM Central 16, Health
Claims Disputes External Review
Services. OPM now proposes three
changes to the system of records. First,
OPM proposes expanding the categories
of individuals covered by the system of
records to include individuals covered
by plans and issuers in all states that fail
to comply with the minimum standards
promulgated by HHS. In addition, the
category of individuals that may utilize
the external review process provided by
OPM and covered by this system of
records is further qualified—they must
now be covered by a plan that has
elected to participate in the external
review process operated by OPM and
the individual’s claim must involve a
rescission of coverage or medical
judgment.
The second change to the system of
records reflects OPM’s requirement that
claimants provide additional
information necessary to determine
whether the claimant is eligible for
review. In some cases, much of this
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Frm 00106
Fmt 4703
Sfmt 4703
additional information may have
already have been included under the
original system of records notice
because the information may be derived
from documents provided by insurers.
However, we have added three
additional categories of information:
The claimant’s county name, an
indication from the claimant of whether
the external review request is for an
urgent care claim, and an indication
from the claimant of whether the
external review request is related to a
rescission of coverage or medical
judgment.
Third, the routine uses have been
expanded to include disclosure to a
contractor for adjudication of the entire
appeal. After October 1, 2011, the
external review process may be
administered by one or more
Independent Review Organization(s)
(IRO) under contract with OPM and
under OPM’s direction. This systems
notice has also been modified to
account for the possible involvement of
IROs in this process. In accordance with
specific contract provisions, the IRO(s)
must comply with the requirements of
The Privacy Act.
This action will be effective
without further notice on January 1,
2012 unless comments are received that
would result in a contrary
determination.
DATES:
Send written comments to
the Office of Personnel Management,
ATTN: Lynelle Frye, Health Claims
Disputes External Review Services, 1900
E Street NW., Rm. 3415, Washington,
DC 20415.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Lynelle Frye, (202) 606–0004.
The
program associated with this system of
records is part of a broader initiative
directed by HHS’s Office of Consumer
Information and Insurance Oversight
(OCIIO) to implement Section 2719 of
the Affordable Care Act. HHS has
discretion under the Act in the manner
in which it implements the external
appeals process, OPM administers a
health insurance appeals program as
part of its Federal Employees Health
Benefits Program, and OPM has offered
to permit HHS/OCIIO to utilize its
existing appeals processes and
frameworks to administer the interim
federal appeals process (as modified by
an interagency agreement). HHS/OCIIO
has accepted that offer. Consequently,
OPM has authority to administer the
program, using an arrangement under
the Economy Act, 31 U.S.C. 1535.
SUPPLEMENTARY INFORMATION:
E:\FR\FM\14NON1.SGM
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]]>Agencies
[Federal Register Volume 76, Number 219 (Monday, November 14, 2011)]
[Notices]
[Pages 70510-70512]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-29285]
=======================================================================
-----------------------------------------------------------------------
OFFICE OF PERSONNEL MANAGEMENT
Federal Employees' Group Life Insurance Program: New Federal
Employees' Group Life Insurance (FEGLI) Premiums
AGENCY: Office of Personnel Management.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Office of Personnel Management (OPM) is announcing changes
in premiums for certain Federal
[[Page 70511]]
Employees' Group Life Insurance (FEGLI) categories in accordance with
sections 870.401(a)(2) and 870.402(a)(3) of title 5 of the Code of
Federal Regulations. These include changes to premiums for Option B
(most age bands), Option C (all age bands), and Post-Retirement Basic
Insurance. These rates will be effective the first pay period beginning
on or after January 1, 2012.
DATES: Effective Date: January 1, 2012.
FOR FURTHER INFORMATION CONTACT: Marguerite Martel,
marguerite.martel@opm.gov, (202) 606-0004.
SUPPLEMENTARY INFORMATION: This notice announces changes to FEGLI
Option B (most age bands), Option C (all age bands) and Post-Retirement
Basic Insurance. The last premium change for some age categories of
Option B and Option C and Post-Retirement Basic insurances was on the
first pay period beginning on or after January 1, 2003 (Option B and
Option C coverages had a three-year phase-in of premium changes ending
in January 2005). Those changes coincided with the implementation of
the Federal Employees' Life Insurance Improvement Act, Public Law 105-
311, (112 Stat. 2950) which provided expanded coverage choices for
employees, retirees, and compensationers with Option B and Option C
coverage past age 65.
The premiums in the FEGLI Program represent estimates of premium
income necessary to pay future expected benefits costs. The rates for
all coverage categories are specific to the experience of the FEGLI
group and are not based on mortality rates within the general
population. Actuarial analysis of changing mortality rates makes
periodic premium adjustments necessary.
Accordingly, OPM has completed a study of funding and claims
experience within the FEGLI Program. Based on this updated actuarial
analysis of actual claims experience, OPM has determined that changes
are required to Option B, Option C and Post-Retirement Basic premiums.
These changes reflect updated mortality and claims rates from actual
program experience within each FEGLI category. The legislative
structure of the FEGLI Program assumes that we set premiums for each
age band independently of the other bands, so that each age band is
financially self-supporting.
Based on updated experience, premiums for all Option B age bands,
other than the oldest groups (ages 75-79 and ages 80 and over), will
decrease. Premiums for Option C age bands under age 45 will also
decrease. However, a rate increase is needed for Option C premiums for
those ages 45 and over. Premiums for Post-Retirement Basic FEGLI will
also increase slightly for those enrollees who elect the 50% Reduction
and No Reduction. These increases are necessary due to the experience
of the group and are necessary to sufficiently fund the projected
future increases.
We will issue guidance to all agencies for the purpose of
counseling employees and we will notify affected annuitants directly
via OPM's Office of Retirement Services. The FEGLI premium rates will
be maintained on the FEGLI Web site https://www.opm.gov/insure/life.
The new FEGLI premium rates for Option B, Option C and the Post-
Retirement Basic Option are as follows:
Option B Premium per $1,000 of Insurance
------------------------------------------------------------------------
Age band Biweekly Monthly
------------------------------------------------------------------------
Under 35.......................................... $0.02 $0.043
35-39............................................. 0.03 0.065
40-44............................................. 0.05 0.108
45-49............................................. 0.08 0.173
50-54............................................. 0.13 0.282
55-59............................................. 0.23 0.498
60-64............................................. 0.52 1.127
65-69............................................. 0.62 1.343
70-74............................................. 1.14 2.470
75-79............................................. 1.80 3.900
80 and over....................................... 2.40 5.200
------------------------------------------------------------------------
The premiums for compensationers who are paid every four weeks are two
times the biweekly premium.
Option C Premium per Multiple of Insurance
------------------------------------------------------------------------
Age band Biweekly Monthly
------------------------------------------------------------------------
Under 35.......................................... $0.22 $0.48
35-39............................................. 0.29 0.63
40-44............................................. 0.42 0.91
45-49............................................. 0.63 1.37
50-54............................................. 0.94 2.04
55-59............................................. 1.52 3.29
60-64............................................. 2.70 5.85
65-69............................................. 3.14 6.80
70-74............................................. 3.60 7.80
75-79............................................. 4.80 10.40
80 and over....................................... 6.60 14.30
------------------------------------------------------------------------
The premiums for compensationers who are paid every four weeks are two
times the biweekly premium.
Annuitant Basic Premium per $1,000 of Insurance
----------------------------------------------------------------------------------------------------------------
Monthly withholding for Monthly withholding for
each $1,000 of your BIA each $1,000 of your BIA
Election before age 65 (in after age 65 (in
dollars) dollars)
----------------------------------------------------------------------------------------------------------------
75% Reduction................................................. 0.3250 (*)
50% Reduction................................................. 0.9650 0.64
No Reduction.................................................. 2.2650 1.94
----------------------------------------------------------------------------------------------------------------
\*\ No cost.
Compensationer Basic Premium per $1,000 of Insurance
----------------------------------------------------------------------------------------------------------------
Withholding every 4 Withholding every 4
weeks for each $1,000 weeks for each $1,000
Election of your BIA before age of your BIA after age
65 (in dollars) 65 (in dollars)
----------------------------------------------------------------------------------------------------------------
75% Reduction................................................. 0.30 (*)
50% Reduction................................................. 0.89 0.59
No Reduction.................................................. 2.09 1.79
----------------------------------------------------------------------------------------------------------------
\*\ No cost.
[[Page 70512]]
Premiums for other FEGLI coverages, including the Basic Employee
premium and Option A (all age bands), will not change at this time.
These rates will be effective the first pay period beginning on or
after January 1, 2012.
U.S. Office of Personnel Management.
John Berry,
Director.
[FR Doc. 2011-29285 Filed 11-10-11; 8:45 am]
BILLING CODE 6325-63-P
