Prevailing Rate Systems; Abolishment of Montgomery, Pennsylvania, as a Nonappropriated Fund Federal Wage System Wage Area, 63205 [2012-25422]

Download as PDF 63205 Rules and Regulations Federal Register Vol. 77, No. 200 Tuesday, October 16, 2012 This section of the FEDERAL REGISTER contains regulatory documents having general applicability and legal effect, most of which are keyed to and codified in the Code of Federal Regulations, which is published under 50 titles pursuant to 44 U.S.C. 1510. The Code of Federal Regulations is sold by the Superintendent of Documents. Prices of new books are listed in the first FEDERAL REGISTER issue of each week. OFFICE OF PERSONNEL MANAGEMENT 5 CFR Part 532 RIN 3206–AM62 Prevailing Rate Systems; Abolishment of Montgomery, Pennsylvania, as a Nonappropriated Fund Federal Wage System Wage Area U.S. Office of Personnel Management. ACTION: Final rule. AGENCY: The U.S. Office of Personnel Management is issuing a final rule to abolish the Montgomery, Pennsylvania, nonappropriated fund (NAF) Federal Wage System (FWS) wage area and redefine Chester, Montgomery, and Philadelphia Counties, PA, to the Burlington, NJ, NAF wage area and Luzerne County, PA, to the Morris, NJ, NAF wage area. Bucks County, PA, will no longer be defined to an NAF wage area. These changes are necessary because the closure of the Naval Air Station Joint Reserve Base (NAS JRB) Willow Grove left the Montgomery wage area without an activity having the capability to conduct a local wage survey. SUMMARY: Effective date: This regulation is effective on October 16, 2012. Applicability date: FWS employees remaining in the Montgomery NAF wage area were transferred to the Burlington and Morris NAF wage area schedules on the first day of the first applicable pay period beginning on or after May 15, 2012. FOR FURTHER INFORMATION CONTACT: Madeline Gonzalez, (202) 606–2838; email pay-leave-policy@opm.gov; or Fax: (202) 606–4264. SUPPLEMENTARY INFORMATION: On May 15, 2012, the U.S. Office of Personnel Management (OPM) issued an interim rule (77 FR 28471) to abolish the pmangrum on DSK3VPTVN1PROD with RULES DATES: VerDate Mar<15>2010 14:24 Oct 15, 2012 Jkt 229001 Montgomery, Pennsylvania, nonappropriated fund (NAF) Federal Wage System (FWS) wage area and redefine Chester, Montgomery, and Philadelphia Counties, PA, to the Burlington, NJ, NAF wage area and Luzerne County, PA, to the Morris, NJ, NAF wage area. Bucks County, PA, will no longer be defined to an NAF wage area. The Federal Prevailing Rate Advisory Committee, the national labormanagement committee responsible for advising OPM on matters concerning the pay of FWS employees, reviewed and recommended these changes by consensus. The interim rule had a 30day comment period, during which OPM received no comments. Regulatory Flexibility Act I certify that these regulations will not have a significant economic impact on a substantial number of small entities because they will affect only Federal agencies and employees. List of Subjects in 5 CFR Part 532 Administrative practice and procedure, Freedom of information, Government employees, Reporting and recordkeeping requirements, Wages. U.S. Office of Personnel Management. John Berry, Director. Accordingly, under the authority of 5 U.S.C. 5343, the interim rule published on May 15, 2012, amending 5 CFR part 532 (77 FR 28471) is adopted as final with no changes. [FR Doc. 2012–25422 Filed 10–15–12; 8:45 am] BILLING CODE 6325–39–P FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 380 RIN 3064–AD94 Enforcement of Subsidiary and Affiliate Contracts by the FDIC as Receiver of a Covered Financial Company Federal Deposit Insurance Corporation. ACTION: Final rule. AGENCY: The Federal Deposit Insurance Corporation (the ‘‘FDIC’’ or the ‘‘Corporation’’) is issuing a final rule (‘‘Final Rule’’) that implements part of SUMMARY: PO 00000 Frm 00001 Fmt 4700 Sfmt 4700 the Dodd-Frank Wall Street Reform and Consumer Protection Act (the ‘‘DoddFrank Act’’ or the ‘‘Act’’), which permits the Corporation, as receiver for a financial company whose failure would pose a significant risk to the financial stability of the United States (a ‘‘covered financial company’’), to enforce contracts of subsidiaries or affiliates of the covered financial company despite contract clauses that purport to terminate, accelerate or provide for other remedies based on the insolvency, financial condition or receivership of the covered financial company. As a condition to maintaining these subsidiary or affiliate contracts in full force and effect, the Corporation as receiver must either: Transfer any supporting obligations of the covered financial company that back the obligations of the subsidiary or affiliate under the contract (along with all assets and liabilities that relate to those supporting obligations) to a bridge financial company or qualified thirdparty transferee by the statutory onebusiness-day deadline; or provide adequate protection to such contract counterparties. The final rule sets forth the scope and effect of the authority granted under the Dodd-Frank Act, clarifies the conditions and requirements applicable to the receiver, addresses requirements for notice to certain affected counterparties and defines key terms. DATES: Effective November 15, 2012. FOR FURTHER INFORMATION CONTACT: R. Penfield Starke, Assistant General Counsel, Legal Division (703) 562–2422; Elizabeth Falloon, Counsel, Legal Division (703) 562–6148; Phillip E. Sloan, Counsel, Legal Division (703) 562–6137); Charlton R. Templeton, Resolution Planning and Implementation Specialist, Office of Complex Financial Institutions (202– 898–6774). SUPPLEMENTARY INFORMATION: Title II of the Dodd-Frank Act provides for the appointment of the FDIC as receiver of a covered financial company that poses a systemic risk to the nation’s economic stability and outlines the process for the orderly resolution of a covered financial company following the FDIC’s appointment as receiver. Section 209, codified at 12 U.S.C. 5389, authorizes the FDIC, in consultation with the Financial Stability Oversight Council (‘‘FSOC’’), to prescribe rules and E:\FR\FM\16OCR1.SGM 16OCR1

Agencies

[Federal Register Volume 77, Number 200 (Tuesday, October 16, 2012)]
[Rules and Regulations]
[Page 63205]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-25422]



========================================================================
Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 
Prices of new books are listed in the first FEDERAL REGISTER issue of each 
week.

========================================================================


Federal Register / Vol. 77, No. 200 / Tuesday, October 16, 2012 / 
Rules and Regulations

[[Page 63205]]



OFFICE OF PERSONNEL MANAGEMENT

5 CFR Part 532

RIN 3206-AM62


Prevailing Rate Systems; Abolishment of Montgomery, Pennsylvania, 
as a Nonappropriated Fund Federal Wage System Wage Area

AGENCY: U.S. Office of Personnel Management.

ACTION: Final rule.

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

SUMMARY: The U.S. Office of Personnel Management is issuing a final 
rule to abolish the Montgomery, Pennsylvania, nonappropriated fund 
(NAF) Federal Wage System (FWS) wage area and redefine Chester, 
Montgomery, and Philadelphia Counties, PA, to the Burlington, NJ, NAF 
wage area and Luzerne County, PA, to the Morris, NJ, NAF wage area. 
Bucks County, PA, will no longer be defined to an NAF wage area. These 
changes are necessary because the closure of the Naval Air Station 
Joint Reserve Base (NAS JRB) Willow Grove left the Montgomery wage area 
without an activity having the capability to conduct a local wage 
survey.

DATES: Effective date: This regulation is effective on October 16, 
2012. Applicability date: FWS employees remaining in the Montgomery NAF 
wage area were transferred to the Burlington and Morris NAF wage area 
schedules on the first day of the first applicable pay period beginning 
on or after May 15, 2012.

FOR FURTHER INFORMATION CONTACT: Madeline Gonzalez, (202) 606-2838; 
email pay-leave-policy@opm.gov; or Fax: (202) 606-4264.

SUPPLEMENTARY INFORMATION: On May 15, 2012, the U.S. Office of 
Personnel Management (OPM) issued an interim rule (77 FR 28471) to 
abolish the Montgomery, Pennsylvania, nonappropriated fund (NAF) 
Federal Wage System (FWS) wage area and redefine Chester, Montgomery, 
and Philadelphia Counties, PA, to the Burlington, NJ, NAF wage area and 
Luzerne County, PA, to the Morris, NJ, NAF wage area. Bucks County, PA, 
will no longer be defined to an NAF wage area. The Federal Prevailing 
Rate Advisory Committee, the national labor-management committee 
responsible for advising OPM on matters concerning the pay of FWS 
employees, reviewed and recommended these changes by consensus. The 
interim rule had a 30-day comment period, during which OPM received no 
comments.

Regulatory Flexibility Act

    I certify that these regulations will not have a significant 
economic impact on a substantial number of small entities because they 
will affect only Federal agencies and employees.

List of Subjects in 5 CFR Part 532

    Administrative practice and procedure, Freedom of information, 
Government employees, Reporting and recordkeeping requirements, Wages.

U.S. Office of Personnel Management.
John Berry,
Director.

    Accordingly, under the authority of 5 U.S.C. 5343, the interim rule 
published on May 15, 2012, amending 5 CFR part 532 (77 FR 28471) is 
adopted as final with no changes.

[FR Doc. 2012-25422 Filed 10-15-12; 8:45 am]
BILLING CODE 6325-39-P
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