Orders of Compliance, Cease and Desist Orders, Order of Denial, and Other Orders, 61761 [2014-24566]
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61761
Rules and Regulations
Federal Register
Vol. 79, No. 199
Wednesday, October 15, 2014
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.
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 13
[Docket No.: FAA–2014–0505; Amdt. No.
13–36 A]
RIN 2120–AK43
Orders of Compliance, Cease and
Desist Orders, Order of Denial, and
Other Orders
Federal Aviation
Administration (FAA), DOT.
ACTION: Final rule; confirmation of
effective date; disposition of comments.
AGENCY:
On August 12, 2014, the FAA
published an immediate final rule (79
FR 46964) entitled ‘‘Orders of
Compliance, Cease and Desist Orders,
Orders of Denial, and Other Orders.’’
This action confirms the effective date
of the immediate final rule and
responds to the comments received on
that immediate final rule.
DATES: The immediate final rule
published August 12, 2014 (79 FR
46964) will become effective on October
14, 2014.
ADDRESSES: You may review the public
docket for this rulemaking (Docket No.
FAA–2014–0505) at the Docket
Management Facility in Room W12–140
of the West Building Ground Floor at
1200 New Jersey Avenue SE.,
Washington, DC 20590–0001 between 9
a.m. and 5 p.m., Monday through
Friday, except Federal holidays. You
may also review the public docket on
the Internet at https://
www.regulations.gov.
wreier-aviles on DSK5TPTVN1PROD with RULES
SUMMARY:
For
technical or legal questions concerning
this action, contact Edmund Averman,
Office of the Chief Counsel (AGC–210),
Federal Aviation Administration, 800
Independence Avenue SW.,
FOR FURTHER INFORMATION CONTACT:
VerDate Sep<11>2014
15:21 Oct 14, 2014
Jkt 235001
Washington, DC 20591; telephone (202)
267–3147; email Ed.Averman@faa.gov.
SUPPLEMENTARY INFORMATION:
Background
On August 12, 2014, the FAA
published an immediate final rule
entitled ‘‘Orders of Compliance, Cease
and Desist Orders, Orders of Denial, and
Other Orders’’ (79 FR 46964). That
rulemaking provides the opportunity for
an informal conference with an FAA
attorney before an order is issued under
14 CFR 13.20, the FAA’s regulation
covering orders other than certificate
action and civil penalty orders. The
change is necessary to provide
additional fairness and process to those
persons who are subject to such an
order, and is consistent with the process
available in other enforcement actions.
These conferences may result in either
a resolution of the matter or a narrowing
of the issues, thereby conserving
resources for respondents and the FAA.
Discussion of Comments
The FAA received one comment on
the immediate final rule. The National
Business Aviation Association (NBAA)
welcomed the FAA’s amendment to
§ 13.20. The NBAA recognized this
change provides additional fairness to
those subject to an order. The NBAA
acknowledged this rule as a positive
change for the industry.
Conclusion
After consideration of the comments
submitted in response to the immediate
final rule, the FAA has determined that
no revisions to the rule are warranted
based on the comments received.
Issued under authority provided by 49
U.S.C. 106(f), 44701(a), and 44707 in
Washington, DC, on October 9, 2014.
Lirio Liu,
Director, Office of Rulemaking.
[FR Doc. 2014–24566 Filed 10–14–14; 8:45 am]
BILLING CODE 4910–13–P
PENSION BENEFIT GUARANTY
CORPORATION
29 CFR Part 4022
Benefits Payable in Terminated SingleEmployer Plans; Interest Assumptions
for Paying Benefits
Pension Benefit Guaranty
Corporation.
AGENCY:
PO 00000
Frm 00001
Fmt 4700
Sfmt 4700
ACTION:
Final rule.
This final rule amends the
Pension Benefit Guaranty Corporation’s
regulation on Benefits Payable in
Terminated Single-Employer Plans to
prescribe interest assumptions under
the regulation for valuation dates in
November 2014. The interest
assumptions are used for paying
benefits under terminating singleemployer plans covered by the pension
insurance system administered by
PBGC.
DATES: Effective November 1, 2014.
FOR FURTHER INFORMATION CONTACT:
Catherine B. Klion
(Klion.Catherine@pbgc.gov), Assistant
General Counsel for Regulatory Affairs,
Pension Benefit Guaranty Corporation,
1200 K Street NW., Washington, DC
20005, 202–326–4024. (TTY/TDD users
may call the Federal relay service tollfree at 1–800–877–8339 and ask to be
connected to 202–326–4024.)
SUPPLEMENTARY INFORMATION: PBGC’s
regulation on Benefits Payable in
Terminated Single-Employer Plans (29
CFR part 4022) prescribes actuarial
assumptions—including interest
assumptions—for 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 regulation are also published on
PBGC’s Web site (https://www.pbgc.gov).
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 benefit
payments regulation are updated
monthly. This final rule updates the
benefit payments interest assumptions
for November 2014.1
SUMMARY:
1 Appendix B to PBGC’s regulation on Allocation
of Assets in Single-Employer Plans (29 CFR part
4044) prescribes interest assumptions for valuing
benefits under terminating covered single-employer
E:\FR\FM\15OCR1.SGM
Continued
15OCR1
]]>Agencies
[Federal Register Volume 79, Number 199 (Wednesday, October 15, 2014)]
[Rules and Regulations]
[Page 61761]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-24566]
========================================================================
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. 79, No. 199 / Wednesday, October 15, 2014 /
Rules and Regulations
[[Page 61761]]
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 13
[Docket No.: FAA-2014-0505; Amdt. No. 13-36 A]
RIN 2120-AK43
Orders of Compliance, Cease and Desist Orders, Order of Denial,
and Other Orders
AGENCY: Federal Aviation Administration (FAA), DOT.
ACTION: Final rule; confirmation of effective date; disposition of
comments.
-----------------------------------------------------------------------
SUMMARY: On August 12, 2014, the FAA published an immediate final rule
(79 FR 46964) entitled ``Orders of Compliance, Cease and Desist Orders,
Orders of Denial, and Other Orders.'' This action confirms the
effective date of the immediate final rule and responds to the comments
received on that immediate final rule.
DATES: The immediate final rule published August 12, 2014 (79 FR 46964)
will become effective on October 14, 2014.
ADDRESSES: You may review the public docket for this rulemaking (Docket
No. FAA-2014-0505) at the Docket Management Facility in Room W12-140 of
the West Building Ground Floor at 1200 New Jersey Avenue SE.,
Washington, DC 20590-0001 between 9 a.m. and 5 p.m., Monday through
Friday, except Federal holidays. You may also review the public docket
on the Internet at https://www.regulations.gov.
FOR FURTHER INFORMATION CONTACT: For technical or legal questions
concerning this action, contact Edmund Averman, Office of the Chief
Counsel (AGC-210), Federal Aviation Administration, 800 Independence
Avenue SW., Washington, DC 20591; telephone (202) 267-3147; email
Ed.Averman@faa.gov.
SUPPLEMENTARY INFORMATION:
Background
On August 12, 2014, the FAA published an immediate final rule
entitled ``Orders of Compliance, Cease and Desist Orders, Orders of
Denial, and Other Orders'' (79 FR 46964). That rulemaking provides the
opportunity for an informal conference with an FAA attorney before an
order is issued under 14 CFR 13.20, the FAA's regulation covering
orders other than certificate action and civil penalty orders. The
change is necessary to provide additional fairness and process to those
persons who are subject to such an order, and is consistent with the
process available in other enforcement actions. These conferences may
result in either a resolution of the matter or a narrowing of the
issues, thereby conserving resources for respondents and the FAA.
Discussion of Comments
The FAA received one comment on the immediate final rule. The
National Business Aviation Association (NBAA) welcomed the FAA's
amendment to Sec. 13.20. The NBAA recognized this change provides
additional fairness to those subject to an order. The NBAA acknowledged
this rule as a positive change for the industry.
Conclusion
After consideration of the comments submitted in response to the
immediate final rule, the FAA has determined that no revisions to the
rule are warranted based on the comments received.
Issued under authority provided by 49 U.S.C. 106(f), 44701(a),
and 44707 in Washington, DC, on October 9, 2014.
Lirio Liu,
Director, Office of Rulemaking.
[FR Doc. 2014-24566 Filed 10-14-14; 8:45 am]
BILLING CODE 4910-13-P
