Sunshine Act Meeting; Board of Governors, 72131 [2013-28822]

Download as PDF Federal Register / Vol. 78, No. 231 / Monday, December 2, 2013 / Notices emcdonald on DSK67QTVN1PROD with NOTICES 4241 determines that the plan may become insolvent, ERISA section 4245(e) requires the plan sponsor to give a ‘‘notice of insolvency’’ to PBGC, contributing employers, and plan participants and their unions in accordance with PBGC rules. For each insolvency year under ERISA section 4245(b)(4), ERISA section 4245(e) also requires the plan sponsor to give a ‘‘notice of insolvency benefit level’’ to the same parties. This regulation establishes the procedure for giving these notices. PBGC uses the information submitted to estimate cash needs for financial assistance to troubled plans. Employers and unions use the information to decide whether additional plan contributions will be made to avoid the insolvency and consequent benefit suspensions. Plan participants and beneficiaries use the information in personal financial decisions. PBGC estimates that at most one plan sponsor of an ongoing plan gives notices each year under this regulation. The estimated annual burden of the collection of information is one hour and $2,693. 11. Duties of Plan Sponsor Following Mass Withdrawal (29 CFR Part 4281) (OMB Control Number 1212–0032) (Expires May 31, 2014) Section 4281 of ERISA provides rules for plans that have terminated by mass withdrawal. Under section 4281, if nonforfeitable benefits exceed plan assets, the plan sponsor must amend the plan to reduce benefits. If the plan nevertheless becomes insolvent, the plan sponsor must suspend certain benefits that cannot be paid. If available resources are inadequate to pay guaranteed benefits, the plan sponsor must request financial assistance from PBGC. The regulation requires a plan sponsor to give notices of benefit reduction, notices of insolvency and annual updates, and notices of insolvency benefit level to PBGC and to participants and beneficiaries and, if necessary, to apply to PBGC for financial assistance. PBGC uses the information it receives to make determinations required by ERISA, to identify and estimate the cash needed for financial assistance to terminated plans, and to verify the appropriateness of financial assistance payments. Plan participants and beneficiaries use the information to make personal financial decisions. PBGC estimates that plan sponsors of terminated plans each year give benefit reduction notices for three plans and give notices of insolvency benefit level VerDate Mar<15>2010 20:41 Nov 29, 2013 Jkt 232001 and annual updates, and submit requests for financial assistance, for 54 plans. Of those 54 plans, PBGC estimates that plan sponsors each year will submit 255 requests (ranging from monthly to annual) for financial assistance. PBGC estimates that plan sponsors each year give notices of insolvency for seven plans. The estimated annual burden of the collection of information is one hour and $694,089. Issued in Washington, DC, this 21st day of November, 2013. Judith R. Starr, General Counsel, Pension Benefit Guaranty Corporation. [FR Doc. 2013–28680 Filed 11–29–13; 8:45 am] BILLING CODE 7709–02–P POSTAL SERVICE Sunshine Act Meeting; Board of Governors December 10, 2013, at 11:00 a.m. PLACE: Washington, DC, via Teleconference. STATUS: Closed. MATTERS TO BE CONSIDERED: DATES AND TIMES: Tuesday, December 10, 2013 at 11:00 a.m. 1. Strategic Issues. 2. Financial Matters. 3. Pricing. 4. Personnel Matters and Compensation Issues. 5. Governors’ Executive Session— Discussion of prior agenda items and Board Governance. CONTACT PERSON FOR MORE INFORMATION: Julie S. Moore, Secretary of the Board, U.S. Postal Service, 475 L’Enfant Plaza SW., Washington, DC 20260–1000 ; Telephone (202) 268–4800. Julie S. Moore, Secretary. [FR Doc. 2013–28822 Filed 11–26–13; 4:15 pm] SECURITIES AND EXCHANGE COMMISSION [Release No. IC–30804] Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940 November 22, 2013. The following is a notice of applications for deregistration under section 8(f) of the Investment Company Frm 00072 Fmt 4703 Act of 1940 for the month of November. A copy of each application may be obtained via the Commission’s Web site by searching for the file number, or for an applicant using the Company name box, at https://www.sec.gov/search/ search.htm or by calling (202) 551– 8090. An order granting each application will be issued unless the SEC orders a hearing. Interested persons may request a hearing on any application by writing to the SEC’s Secretary at the address below and serving the relevant applicant with a copy of the request, personally or by mail. Hearing requests should be received by the SEC by 5:30 p.m. on December 17, 2013, and should be accompanied by proof of service on the applicant, in the form of an affidavit or, for lawyers, a certificate of service. Hearing requests should state the nature of the writer’s interest, the reason for the request, and the issues contested. Persons who wish to be notified of a hearing may request notification by writing to the Secretary, U.S. Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549–1090. FOR FURTHER INFORMATION CONTACT: Diane L. Titus at (202) 551–6810, SEC, Division of Investment Management, Chief Counsel’s Office, 100 F Street NE., Washington, DC 20549–8010. Blue Rock Market Neutral Fund, LLC [File No. 811–21564] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to make a public offering or engage in business of any kind. Filing Dates: The application was filed on October 7, 2013, and amended on October 31, 2013. Applicant’s Address: 445 East Lake St., Suite 120, Wayzata, MN 55391. Eaton Vance Managed Income Term Trust [File No. 811–22306] BILLING CODE 7710–12–P PO 00000 72131 Sfmt 4703 Summary: Applicant seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to make a public offering or engage in business of any kind. Filing Dates: The application was filed on October 3, 2013, and amended on October 31, 2013. Applicant’s Address: Two International Place, Boston, MA 02110. E:\FR\FM\02DEN1.SGM 02DEN1

Agencies

[Federal Register Volume 78, Number 231 (Monday, December 2, 2013)]
[Notices]
[Page 72131]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-28822]


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POSTAL SERVICE


Sunshine Act Meeting; Board of Governors

DATES AND TIMES: December 10, 2013, at 11:00 a.m.

PLACE: Washington, DC, via Teleconference.

STATUS: Closed.

MATTERS TO BE CONSIDERED: 

Tuesday, December 10, 2013 at 11:00 a.m.

1. Strategic Issues.
2. Financial Matters.
3. Pricing.
4. Personnel Matters and Compensation Issues.
5. Governors' Executive Session--Discussion of prior agenda items and 
Board Governance.

CONTACT PERSON FOR MORE INFORMATION: Julie S. Moore, Secretary of the 
Board, U.S. Postal Service, 475 L'Enfant Plaza SW., Washington, DC 
20260-1000 ; Telephone (202) 268-4800.

Julie S. Moore,
Secretary.
[FR Doc. 2013-28822 Filed 11-26-13; 4:15 pm]
BILLING CODE 7710-12-P
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