Allocation of Assets in Single-Employer Plans; Benefits Payable in Terminated Single-Employer Plans; Interest Assumptions for Valuing and Paying Benefits, 56603-56605 [2013-22355]
Download as PDF
<![CDATA[
Federal Register / Vol. 78, No. 178 / Friday, September 13, 2013 / Rules and Regulations
PART 39—AIRWORTHINESS
DIRECTIVES
1. The authority citation for part 39
continues to read as follows:
■
Authority: 49 U.S.C. 106(g), 40113, 44701.
§ 39.13
[Amended]
2. The FAA amends § 39.13 by adding
the following new AD:
■
2013–17–06 Fokker Services B.V.:
Amendment 39–17570. Docket No.
FAA–2012–0270; Directorate Identifier
2011–NM–113–AD.
(a) Effective Date
This airworthiness directive (AD) becomes
effective October 18, 2013.
(b) Affected ADs
None.
(c) Applicability
This AD applies to all Fokker Services B.V.
Model F.27 Mark 050 airplanes, and Model
F.28 Mark 0070 and 0100 airplanes,
certificated in any category.
(d) Subject
Air Transport Association (ATA) of
America Code 24, Electric power.
(e) Reason
This AD was prompted by reports of loose
nuts on contactors in the electrical power
center (EPC), and in some cases, burned
contactors. We are issuing this AD to detect
and correct loose nuts, which could result in
arcing and potentially an onboard fire,
possibly resulting in damage to the airplane
and injury to occupants or maintenance
personnel.
emcdonald on DSK67QTVN1PROD with RULES
(f) Compliance
You are responsible for having the actions
required by this AD performed within the
compliance times specified, unless the
actions have already been done.
(g) Actions
Within 24 months after the effective date
of this AD, do the actions specified in
paragraphs (g)(1), (g)(2), and (g)(3) of this AD.
(1) Do a torque check of the nuts and
circuit breakers, contactors, and terminal
blocks of the EPC and battery relay panel, as
applicable; and do all applicable adjustments
of the torque values; in accordance with the
Accomplishment Instructions of Fokker
Service Bulletin SBF50–24–032, dated
February 10, 2011 (for Model F.27 Mark 050
airplanes); or the Accomplishment
Instructions of Fokker Service Bulletin
SBF100–24–043, Revision 1, dated December
15, 2011 (for Model F.28 Mark 0070 and 0100
airplanes). Do all applicable adjustments
before further flight.
(2) Do a general visual inspection of the
contacts and nuts on circuit breakers,
contactors, and terminal blocks of the EPC
and battery relay panel to determine if either
the lock washer, flat washer and nut, or
locking nut and flat washer are installed; and
do all applicable installations; in accordance
with the Accomplishment Instructions of
Fokker Service Bulletin SBF50–24–032,
VerDate Mar<15>2010
17:44 Sep 12, 2013
Jkt 229001
dated February 10, 2011 (for Model F.27
Mark 050 airplanes); or the Accomplishment
Instructions of Fokker Service Bulletin
SBF100–24–043, Revision 1, dated December
15, 2011 (for Model F.28 Mark 0070 and 0100
airplanes). Do all applicable installations
before further flight.
(3) Before further flight, after
accomplishing any check required by
paragraph (g)(1) of this AD or any inspection
required by paragraph (g)(2) of this AD:
Apply torque inspection lacquer, in
accordance with the Accomplishment
Instructions of Fokker Service Bulletin
SBF50–24–032, dated February 10, 2011 (for
Model F.27 Mark 050 airplanes); or the
Accomplishment Instructions of Fokker
Service Bulletin SBF100–24–043, Revision 1,
dated December 15, 2011 (for Model F.28
Mark 0070 and 0100 airplanes).
(h) Other FAA AD Provisions
The following provisions also apply to this
AD:
(1) Alternative Methods of Compliance
(AMOCs): The Manager, International
Branch, ANM–116, Transport Airplane
Directorate, FAA, has the authority to
approve AMOCs for this AD, if requested
using the procedures found in 14 CFR 39.19.
In accordance with 14 CFR 39.19, send your
request to your principal inspector or local
Flight Standards District Office, as
appropriate. If sending information directly
to the International Branch, send it to ATTN:
Tom Rodriguez, Aerospace Engineer,
International Branch, ANM–116, Transport
Airplane Directorate, FAA, 1601 Lind
Avenue SW., Renton, Washington 98057–
3356; telephone (425) 227–1137; fax (425)
227–1149. Information may be emailed to:
9-ANM-116-AMOC-REQUESTS@faa.gov.
Before using any approved AMOC, notify
your appropriate principal inspector, or
lacking a principal inspector, the manager of
the local flight standards district office/
certificate holding district office. The AMOC
approval letter must specifically reference
this AD.
(2) Airworthy Product: For any requirement
in this AD to obtain corrective actions from
a manufacturer or other source, use these
actions if they are FAA-approved. Corrective
actions are considered FAA-approved if they
are approved by the State of Design Authority
(or their delegated agent). You are required
to assure the product is airworthy before it
is returned to service.
(i) Related Information
Refer to Mandatory Continuing
Airworthiness Information (MCAI) European
Aviation Safety Agency Airworthiness
Directive 2012–0050, dated March 27, 2012,
for related information, which can be found
in the AD docket on the Internet at https://
www.regulations.gov.
(j) Material Incorporated by Reference
(1) The Director of the Federal Register
approved the incorporation by reference
(IBR) of the service information listed in this
paragraph under 5 U.S.C. 552(a) and 1 CFR
part 51.
(2) You must use this service information
as applicable to do the actions required by
this AD, unless the AD specifies otherwise.
PO 00000
Frm 00021
Fmt 4700
Sfmt 4700
56603
(i) Fokker Service Bulletin SBF50–24–032,
dated February 10, 2011.
(ii) Fokker Service Bulletin SBF100–24–
043, Revision 1, dated December 15, 2011.
(3) For service information identified in
this AD, contact Fokker Services B.V.,
Technical Services Dept., P.O. Box 231, 2150
AE Nieuw-Vennep, the Netherlands;
telephone +31 (0)252–627–350; fax +31
(0)252–627–211; email
technicalservices.fokkerservices@stork.com;
Internet https://www.myfokkerfleet.com.
(4) You may review copies of the service
information at the FAA, Transport Airplane
Directorate, 1601 Lind Avenue SW., Renton,
WA. For information on the availability of
this material at the FAA, call 425–227–1221.
(5) You may view this service information
that is incorporated by reference 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/cfr/ibrlocations.html.
Issued in Renton, Washington, on August
16, 2013.
Jeffrey E. Duven,
Acting Manager, Transport Airplane
Directorate, Aircraft Certification Service.
[FR Doc. 2013–21672 Filed 9–12–13; 8:45 am]
BILLING CODE 4910–13–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:
This final rule amends the
Pension Benefit Guaranty Corporation’s
regulations on Benefits Payable in
Terminated Single-Employer Plans and
Allocation of Assets in Single-Employer
Plans to prescribe interest assumptions
under the benefit payments regulation
for valuation dates in October 2013 and
interest assumptions under the asset
allocation regulation for valuation dates
in the fourth quarter of 2013. The
interest assumptions are used for
valuing and paying benefits under
terminating single-employer plans
covered by the pension insurance
system administered by PBGC.
DATES: Effective October 1, 2013.
FOR FURTHER INFORMATION CONTACT:
Catherine B. Klion (Klion.Catherine@
PBGC.gov), Assistant General Counsel
for Regulatory Affairs, Pension Benefit
Guaranty Corporation, 1200 K Street
SUMMARY:
E:\FR\FM\13SER1.SGM
13SER1
56604
Federal Register / Vol. 78, No. 178 / Friday, September 13, 2013 / Rules and Regulations
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 on Allocation of Assets in
Single-Employer Plans (29 CFR Part
4044) and Benefits Payable in
Terminated Single-Employer Plans (29
CFR Part 4022) prescribe actuarial
assumptions—including interest
assumptions—for valuing and paying
plan benefits under terminating singleemployer plans covered by title IV of
the Employee Retirement Income
Security Act of 1974. The interest
assumptions in the regulations are also
published on PBGC’s Web site (https://
www.pbgc.gov).
The interest assumptions in Appendix
B to Part 4044 are used to value benefits
for allocation purposes under ERISA
section 4044. PBGC uses the interest
assumptions in Appendix B to Part 4022
to determine whether a benefit is
payable as a lump sum and to determine
the amount to pay. Appendix C to Part
4022 contains 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. Currently, the
rates in Appendices B and C of the
benefit payment regulation are the same.
The interest assumptions are intended
to reflect current conditions in the
financial and annuity markets.
Assumptions under the asset allocation
regulation are updated quarterly;
assumptions under the benefit payments
regulation are updated monthly. This
final rule updates the benefit payments
Rate set
For plans with a valuation
date
On or after
*
240
Before
interest assumptions for October 2013
and updates the asset allocation interest
assumptions for the fourth quarter
(October through December) of 2013.
The fourth quarter 2013 interest
assumptions under the allocation
regulation will be 3.00 percent for the
first 20 years following the valuation
date and 3.31 percent thereafter. In
comparison with the interest
assumptions in effect for the third
quarter of 2013, these interest
assumptions represent no change in the
select period (the period during which
the select rate (the initial rate) applies),
an increase of 0.40 percent in the select
rate, and a decrease of 0.12 percent in
the ultimate rate (the final rate).
The October 2013 interest
assumptions under the benefit payments
regulation 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
2013, these interest assumptions
represent an increase of 0.25 percent in
the immediate annuity rate and are
otherwise unchanged.
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 under plans
with valuation dates during October
3. In appendix C to part 4022, Rate Set
240, as set forth below, is added to the
table.
■
emcdonald on DSK67QTVN1PROD with RULES
For plans with a valuation
date
On or after
*
240
VerDate Mar<15>2010
Before
*
10–1–13
17:44 Sep 12, 2013
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
240, as set forth below, is added to the
table.
■
Appendix B to Part 4022—Lump Sum
Interest Rates For PBGC Payments
*
*
*
*
*
4.00
i3
*
n1
*
4.00
n2
*
7
8
n1
n2
Appendix C to Part 4022—Lump Sum
Interest Rates For Private-Sector
Payments
*
*
Immediate
annuity rate
(percent)
*
11–1–13
Jkt 229001
29 CFR Part 4022
i2
*
4.00
1.75
*
Rate set
i1
*
11–1–13
List of Subjects
Deferred annuities
(percent)
Immediate
annuity rate
(percent)
*
10–1–13
2013, 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).
PO 00000
1.75
Frm 00022
*
*
Deferred annuities
(percent)
i1
i2
*
4.00
4.00
Fmt 4700
Sfmt 4700
i3
*
*
4.00
E:\FR\FM\13SER1.SGM
13SER1
*
7
8
56605
Federal Register / Vol. 78, No. 178 / Friday, September 13, 2013 / Rules and Regulations
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 2013, 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 month—
it
*
*
*
October–December 2013 .................................................
Issued in Washington, DC, on this 9th day
of September 2013.
Judith Starr,
General Counsel, Pension Benefit Guaranty
Corporation.
for t =
it
for t =
1–20
*
0.0331
>20
*
0.0300
Coast Guard
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 rule, call or
email Kay Wade, Bridge Branch Office,
Coast Guard; telephone 504–671–2128,
email Kay.B.Wade@uscg.mil. If you have
questions on viewing the docket, call
Barbara Hairston, Program Manager,
Docket Operations, telephone 202–366–
9826.
SUPPLEMENTARY INFORMATION:
33 CFR Part 117
Table of Acronyms
[FR Doc. 2013–22355 Filed 9–12–13; 8:45 am]
BILLING CODE 7709–02–P
DEPARTMENT OF HOMELAND
SECURITY
CFR Code of Federal Regulations
DHS Department of Homeland Security
FR Federal Register
NPRM Notice of Proposed Rulemaking
§ Section Symbol
U.S.C. United States Code
[Docket No. USCG–2013–0243]
RIN 1625–AA09
Drawbridge Operation Regulation;
Lafourche Bayou, Larose, LA
Coast Guard, DHS.
ACTION: Final rule.
AGENCY:
The Coast Guard is modifying
its drawbridge operation regulations by
replacing the reference to the SR 310
(Larose Pontoon) Bridge with the LA
657 (Larose) Vertical Lift Bridge. The SR
310 bridge has been taken out of service
and has been replaced by the LA 657
bridge. This substitution will also
permit the LA 657 bridge to operate
under the same schedule as the five
other bridges in this area, as opposed to
its current open-on-demand schedule.
DATES: This rule is effective October 15,
2013.
ADDRESSES: Documents mentioned in
this preamble are part of docket [USCG–
2013–0243]. To view documents
mentioned in this preamble as being
available in the docket, go to https://
www.regulations.gov, type the docket
number in the ‘‘SEARCH’’ box and click
‘‘SEARCH.’’ Click on Open Docket
Folder on the line associated with this
rulemaking. You may also visit the
Docket Management Facility in Room
W12–140 on the ground floor of the
Department of Transportation West
Building, 1200 New Jersey Avenue SE.,
emcdonald on DSK67QTVN1PROD with RULES
SUMMARY:
VerDate Mar<15>2010
17:44 Sep 12, 2013
Jkt 229001
A. Regulatory History and Information
The Coast Guard is issuing this 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), the Coast Guard finds that good
cause exists for not publishing a notice
of proposed rulemaking (NPRM) with
respect to this rule. Providing an
opportunity for comment regarding this
rule is unnecessary because this rule
does not impose any new operational
restrictions on the waterway. It merely
changes the bridge to which these
restrictions apply. Providing an
opportunity for comment regarding this
rule is impracticable because the SR 310
bridge no longer exists and traffic from
this bridge has been diverted to the new
LA 657 bridge.
The SR 310 (Larose Pontoon) Bridge
was removed from the waterway in
April 2013 and replaced by the new LA
657 (Larose) Vertical Lift Bridge, which
PO 00000
Frm 00023
Fmt 4700
Sfmt 4700
it
*
for t =
*
N/A
N/A
is located approximately one-half mile
away from the old bridge. The old SR
310 bridge was one in a series of six
bridges that feed the local school
system, and operated in accordance
with the requirements of 33 CFR
117.465(a). The operating requirements
for the old SR 310 bridge are specifically
located at 33 CFR 117.465(a)(6).
The new LA 657 bridge is located less
than one-half mile from the old SR 310
bridge, and essentially replaces the SR
310 bridge in this series. However, the
new LA 657 bridge currently operates
under the default operating
requirements of 33 CFR 117.5, which
require that the bridge open on signal.
This default operating requirement
conflicts with the operating
requirements of the other five bridges in
this area. Therefore, this rule will
essentially replace the SR 310 bridge
with the LA 657 bridge at 33 CFR
117.465(a)(6), thus allowing the new
bridge to operate under the same
requirements as the old bridge, and
under the same requirements as the
other five bridges in this area.
B. Basis and Purpose
The purpose of this rule is to modify
paragraph (a)(6) of 33 CFR 117.465. This
paragraph currently refers to the SR 310
(Larose Pontoon) Bridge across
Lafourche Bayou at mile 39.1. This
bridge has been replaced by the newly
constructed LA 657 (Larose) Vertical
Lift Bridge across Lafourche Bayou at
mile 38.7.
The LA 657 Bridge is the first bridge
south of the Gulf Intracoastal Waterway
intersection. This bridge is located just
south of a flood control structure that
has a horizontal clearance of 56 feet and
a depth over the sill of 10 feet.
Navigation at the site of the bridge
consists primarily of tugs with tows,
fish, shrimp, crew, and pleasure boats.
There is considerable commerce on the
bayou in seafood products, sugar,
petroleum products, cement, lumber
and piles, clays and drilling mud, liquid
sulfur, sand and gravel, oil well pipe,
E:\FR\FM\13SER1.SGM
13SER1
]]>Agencies
[Federal Register Volume 78, Number 178 (Friday, September 13, 2013)]
[Rules and Regulations]
[Pages 56603-56605]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-22355]
=======================================================================
-----------------------------------------------------------------------
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: This final rule amends the Pension Benefit Guaranty
Corporation's regulations on Benefits Payable in Terminated Single-
Employer Plans and Allocation of Assets in Single-Employer Plans to
prescribe interest assumptions under the benefit payments regulation
for valuation dates in October 2013 and interest assumptions under the
asset allocation regulation for valuation dates in the fourth quarter
of 2013. The interest assumptions are used for valuing and paying
benefits under terminating single-employer plans covered by the pension
insurance system administered by PBGC.
DATES: Effective October 1, 2013.
FOR FURTHER INFORMATION CONTACT: Catherine B. Klion
(Klion.Catherine@PBGC.gov), Assistant General Counsel for Regulatory
Affairs, Pension Benefit Guaranty Corporation, 1200 K Street
[[Page 56604]]
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 on Allocation of Assets
in Single-Employer Plans (29 CFR Part 4044) and Benefits Payable in
Terminated Single-Employer Plans (29 CFR Part 4022) prescribe actuarial
assumptions--including interest assumptions--for valuing and paying
plan benefits under terminating single-employer plans covered by title
IV of the Employee Retirement Income Security Act of 1974. The interest
assumptions in the regulations are also published on PBGC's Web site
(https://www.pbgc.gov).
The interest assumptions in Appendix B to Part 4044 are used to
value benefits for allocation purposes under ERISA section 4044. PBGC
uses the interest assumptions in Appendix B to Part 4022 to determine
whether a benefit is payable as a lump sum and to determine the amount
to pay. Appendix C to Part 4022 contains 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.
Currently, the rates in Appendices B and C of the benefit payment
regulation are the same.
The interest assumptions are intended to reflect current conditions
in the financial and annuity markets. Assumptions under the asset
allocation regulation are updated quarterly; assumptions under the
benefit payments regulation are updated monthly. This final rule
updates the benefit payments interest assumptions for October 2013 and
updates the asset allocation interest assumptions for the fourth
quarter (October through December) of 2013.
The fourth quarter 2013 interest assumptions under the allocation
regulation will be 3.00 percent for the first 20 years following the
valuation date and 3.31 percent thereafter. In comparison with the
interest assumptions in effect for the third quarter of 2013, these
interest assumptions represent no change in the select period (the
period during which the select rate (the initial rate) applies), an
increase of 0.40 percent in the select rate, and a decrease of 0.12
percent in the ultimate rate (the final rate).
The October 2013 interest assumptions under the benefit payments
regulation 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 2013, these interest assumptions
represent an increase of 0.25 percent in the immediate annuity rate and
are otherwise unchanged.
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 under plans with valuation dates during October
2013, 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
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 240, 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
--------------------------------------------------------------------------------------------------------------------------------------------------------
* * * * * * *
240 10-1-13 11-1-13 1.75 4.00 4.00 4.00 7 8
--------------------------------------------------------------------------------------------------------------------------------------------------------
0
3. In appendix C to part 4022, Rate Set 240, 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
--------------------------------------------------------------------------------------------------------------------------------------------------------
* * * * * * *
240 10-1-13 11-1-13 1.75 4.00 4.00 4.00 7 8
--------------------------------------------------------------------------------------------------------------------------------------------------------
[[Page 56605]]
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 2013,
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 month-- it for t = it for t = it for t =
----------------------------------------------------------------------------------------------------------------
* * * * * * *
October-December 2013....... 0.0300 1-20 0.0331 >20 N/A N/A
----------------------------------------------------------------------------------------------------------------
Issued in Washington, DC, on this 9th day of September 2013.
Judith Starr,
General Counsel, Pension Benefit Guaranty Corporation.
[FR Doc. 2013-22355 Filed 9-12-13; 8:45 am]
BILLING CODE 7709-02-P
