Civil Service Retirement System Board of Actuaries, 25340-25341 [2015-10297]
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Federal Register / Vol. 80, No. 85 / Monday, May 4, 2015 / Notices
Agency name
Authorization
number
Organization name
Position title
Special Assistant ...........................
DY140022 .....................................
Authority: 5 U.S.C. 3301 and 3302; E.O.
10577, 3 CFR, 1954–1958 Comp., p. 218.
U.S. Office of Personnel Management.
Katherine Archuleta,
Director.
[FR Doc. 2015–10300 Filed 5–1–15; 8:45 am]
BILLING CODE 6325–39–P
OFFICE OF PERSONNEL
MANAGEMENT
Civil Service Retirement System Board
of Actuaries
U.S. Office of Personnel
Management.
ACTION: Establishment of advisory
committee charter.
AGENCY:
The U.S. Office of Personnel
Management announces the
establishment of the charter for the Civil
Service Retirement System Board of
Actuaries. The Board shall provide
independent advice and
recommendations on matters relating to
the Civil Service Retirement and
Disability Fund (CSRDF), the Civil
Service Retirement System (CSRS) and
the Federal Employees’ Retirement
System (FERS).
FOR FURTHER INFORMATION CONTACT:
Gregory Kissel, Senior Actuary for
Retirement Programs, Office of
Personnel Management, 1900 E St. NW.,
Room 4307, Washington, DC 20415.
Phone (202) 606–0722 or email at
actuary@opm.gov.
SUMMARY:
The
charter for the Civil Service Retirement
System Board of Actuaries publishes as
follows:
1. Committee’s Official Designation:
The Committee will be known as the
Board of Actuaries of the Civil Service
Retirement System (‘‘the Board’’).
2. Authority: The Director of the
Office of Personnel Management (OPM)
is establishing the Board pursuant to 5
U.S.C. 8347(f) and also in accordance
with the provisions of the Federal
Advisory Committee Act (FACA), as
amended, 5 U.S.C. App. 2.
3. Objectives and Scope of Activities:
The Board, through the OPM Office of
Planning and Policy Analysis (PPA),
shall provide the OPM Director with
independent advice and
recommendations on matters relating to
the Civil Service Retirement and
Disability Fund (CSRDF), the Civil
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SUPPLEMENTARY INFORMATION:
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19:40 May 01, 2015
Jkt 235001
Service Retirement System (CSRS) and
the Federal Employees’ Retirement
System (FERS), as set out in paragraph
four below.
4. Description of Duties: The Board
shall furnish its advice and opinion on
matters referred to it by OPM, and
recommend such changes as in the
Board’s judgment are necessary to
protect the public interest and maintain
the Retirement Systems on a sound
financial basis and, in doing so, shall:
a. Report annually on the actuarial
status of the Retirement Systems;
b. Review actuarial valuations no less
often than once every five years, or more
often if considered necessary by OPM;
and
c. In response to an agency appeal of
an amount payable for FERS under 5
U.S.C. 8423(c), and in accordance with
the regulations established under 5 CFR
841 Subpart D, review the computations
of OPM and recommend any adjustment
with respect to any such amount which
the Board determines appropriate.
5. Agency or Official to Whom the
Committee Reports: The Board shall
report to the OPM Director, through
OPM PPA. The OPM Director may act
upon the Board’s advice and
recommendations.
6. Support: OPM shall provide
administrative services and support as
deemed necessary for the Board’s
performance of its functions.
7. Estimated Annual Operating Costs
and Staff Years: Based on one expected
annual meeting of the Board, the
estimated annual operating cost, to
include reimbursement for travel,
meetings, and administrative support, is
approximately $30,000. The estimated
annual personnel cost to OPM is 0.3
FTEs. Costs may exceed this estimate if
additional ad hoc meetings are needed
(e.g. due to a statutory change or an
agency appeal).
8. Designated Federal Officer: OPM’s
Senior Actuary for Retirement Programs
serves as the Board’s Designated Federal
Officer (DFO). OPM’s Chief Actuary
serves as the Board’s Alternate DFO.
The Board’s DFO, or Alternate DFO,
is required to be in attendance at all
meetings of the Board for the entire
duration of each and every meeting. The
DFO, or the Alternate DFO, shall call all
meetings of the Board; prepare and
approve all meeting agendas; and
adjourn any meeting when the DFO, or
the Alternate DFO, determines
adjournment to be in the public interest
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Vacate date
2/18/2015
or required by governing regulations or
OPM policies and procedures.
9. Estimated Number and Frequency
of Meetings: The Board shall meet at the
call of the Board’s DFO, or Alternate
DFO, in consultation with the Board’s
Chair. The estimated number of Board
meetings is one per year.
10. Duration: Continuing. 5 U.S.C.
8347(f) provides for a permanent role for
the Board.
11. Termination: The Board shall
terminate upon rescission of 5 U.S.C.
8347(f) and is subject to biennial review
and will become inactive 2 years from
the date the charter is filed, unless prior
to that date, the charter is renewed in
accordance with Section 14 of the
FACA. The Board will not meet or take
any action without a valid current
charter.
12. Membership and Designation: The
Board shall be comprised of three
members who are appointed by the
OPM Director from among professional
actuaries who are members of the
American Academy of Actuaries and
qualified under actuarial standards of
practice to issue a statement of actuarial
opinion on defined benefit retirement
plans.
Board members appointed by the
OPM Director, who are not full-time or
permanent part-time Federal employees,
shall be appointed as experts and
consultants, pursuant to 5 U.S.C. 3109,
to serve as special government
employee (SGE) members, and shall,
pursuant to 5 U.S.C. 8347(f), serve with
compensation, to include official Boardrelated travel and per diem. A member
of the Board who is not an employee of
the United States is entitled to receive
pay at the daily equivalent of the annual
rate of basic pay of the highest rate of
basic pay than is currently being paid
under the General Schedule of
subchapter III of chapter 53 of title 5,
U.S.C., for each day the member is
engaged in the performance of the
duties of the Board.
Board members appointed by the
OPM Director, who are full-time or
permanent part-time Federal employees,
shall be appointed, pursuant to 41 CFR
102–3.130(a), to serve as regular
government employee (RGE) members.
Each Board member is appointed to
provide advice to the government on the
basis of his or her best judgment
without representing any particular
point of view and in a manner that is
free from conflict of interest.
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04MYN1
Federal Register / Vol. 80, No. 85 / Monday, May 4, 2015 / Notices
13. Subcommittees: The Board, in
coordination with the DFO, has the
authority to create subcommittees or
working groups.
14. Recordkeeping: The records of the
Board shall be handled according to
section 2, General Records Schedule 26,
and governing OPM policies and
procedures. These records will be
available for public inspection and
copying, subject to the Freedom of
Information Act of 1966 (5 U.S.C. 552,
as amended).
U.S. Office of Personnel Management.
Katherine L. Archuleta,
Director.
[FR Doc. 2015–10297 Filed 5–1–15; 8:45 am]
BILLING CODE 6325–63–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE., Washington, DC
20549–2736.
mstockstill on DSK4VPTVN1PROD with NOTICES
Extension:
Rule 17Ac2–2 and Form TA–2, SEC File
No. 270–298, OMB Control No. 3235–
0337.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget
(‘‘OMB’’) a request for approval of the
existing collection of information
provided for in Rule 17Ac2–2 (17 CFR
240.17Ac2–2) and Form TA–2 under the
Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’).
Rule 17Ac2–2 and Form TA–2 under
the Exchange Act require transfer agents
to file an annual report of their business
activities with the Commission. These
reporting requirements are designed to
ensure that all registered transfer agents
are providing the Commission with
sufficient information on an annual
basis about the transfer agent
community and to permit the
Commission to effectively monitor
business activities of transfer agents.
The amount of time needed to comply
with the requirements of amended Rule
17Ac2–2 and Form TA–2 varies. Of the
total 429 registered transfer agents,
approximately 9.1% (or 39 registrants)
would be required to complete only
questions 1 through 3 and the signature
section of amended Form TA–2, which
the Commission estimates would take
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19:40 May 01, 2015
Jkt 235001
each registrant approximately 30
minutes, for a total burden of 19.5 hours
(39 × .5 hours). Approximately 26.7% of
registrants (or 115 registrants) would be
required to answer questions 1 through
5, question 11 and the signature section,
which the Commission estimates would
take approximately 1 hour and 30
minutes, for a total of 172.5 hours (115
× 1.5 hours). Approximately 64.2% of
the registrants (or 275 registrants) would
be required to complete the entire Form
TA–2, which the Commission estimates
would take approximately 6 hours, for
a total of 1,650 hours (275 × 6 hours).
The aggregate annual burden on all 429
registered transfer agents is thus
approximately 1,842 hours (19.5 hours +
172.5 hours + 1,650 hours) and the
average annual burden per transfer
agent is approximately 4.3 hours (1,842
÷ 429).
This rule does not involve the
collection of confidential information.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
The public may view background
documentation for this information
collection at the
following Web site: www.reginfo.gov.
Comments should be directed to: (i)
Desk Officer for the Securities and
Exchange Commission, Office of
Information and Regulatory Affairs,
Office of Management and Budget,
Room 10102, New Executive Office
Building, Washington, DC 20503, or by
sending an email to:
Shagufta_Ahmed@omb.eop.gov; and (ii)
Pamela Dyson, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington,
DC 20549, or by sending an email to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: April 28, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–10285 Filed 5–1–15; 8:45 am]
BILLING CODE 8011–01–P
PO 00000
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–74825; File No. SR–
NYSEMKT–2015–27]
Self-Regulatory Organizations; NYSE
MKT LLC; Notice of Filing of Proposed
Rule Change To Amend the Sixth
Amended and Restated Operating
Agreement of the Exchange
April 28, 2015.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’)2 and Rule 19b–4 thereunder,3
notice is hereby given that, on April 17,
2015, NYSE MKT LLC (the ‘‘Exchange’’
or ‘‘NYSE MKT’’) filed with the
Securities and Exchange Commission
(the ‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which Items have been
prepared by the self-regulatory
organization. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend the
Sixth Amended and Restated Operating
Agreement of the Exchange (‘‘Operating
Agreement’’) to (1) establish a
Regulatory Oversight Committee
(‘‘ROC’’) as a committee of the board of
directors of the Exchange (the ‘‘Board’’),
and (2) remove the requirement that the
independent directors that make up the
majority of the Board also be directors
of Intercontinental Exchange, Inc., the
Exchange’s parent company. The text of
the proposed rule change is available on
the Exchange’s Web site at
www.nyse.com, at the principal office of
the Exchange, and at the Commission’s
Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
self-regulatory organization included
statements concerning the purpose of,
and basis for, the proposed rule change
and discussed any comments it received
on the proposed rule change. The text
of those statements may be examined at
the places specified in Item IV below.
The Exchange has prepared summaries,
set forth in sections A, B, and C below,
of the most significant parts of such
statements.
1 15
U.S.C.78s(b)(1).
U.S.C. 78a.
3 17 CFR 240.19b–4.
2 15
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]]>Agencies
[Federal Register Volume 80, Number 85 (Monday, May 4, 2015)]
[Notices]
[Pages 25340-25341]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-10297]
-----------------------------------------------------------------------
OFFICE OF PERSONNEL MANAGEMENT
Civil Service Retirement System Board of Actuaries
AGENCY: U.S. Office of Personnel Management.
ACTION: Establishment of advisory committee charter.
-----------------------------------------------------------------------
SUMMARY: The U.S. Office of Personnel Management announces the
establishment of the charter for the Civil Service Retirement System
Board of Actuaries. The Board shall provide independent advice and
recommendations on matters relating to the Civil Service Retirement and
Disability Fund (CSRDF), the Civil Service Retirement System (CSRS) and
the Federal Employees' Retirement System (FERS).
FOR FURTHER INFORMATION CONTACT: Gregory Kissel, Senior Actuary for
Retirement Programs, Office of Personnel Management, 1900 E St. NW.,
Room 4307, Washington, DC 20415. Phone (202) 606-0722 or email at
actuary@opm.gov.
SUPPLEMENTARY INFORMATION: The charter for the Civil Service Retirement
System Board of Actuaries publishes as follows:
1. Committee's Official Designation: The Committee will be known as
the Board of Actuaries of the Civil Service Retirement System (``the
Board'').
2. Authority: The Director of the Office of Personnel Management
(OPM) is establishing the Board pursuant to 5 U.S.C. 8347(f) and also
in accordance with the provisions of the Federal Advisory Committee Act
(FACA), as amended, 5 U.S.C. App. 2.
3. Objectives and Scope of Activities: The Board, through the OPM
Office of Planning and Policy Analysis (PPA), shall provide the OPM
Director with independent advice and recommendations on matters
relating to the Civil Service Retirement and Disability Fund (CSRDF),
the Civil Service Retirement System (CSRS) and the Federal Employees'
Retirement System (FERS), as set out in paragraph four below.
4. Description of Duties: The Board shall furnish its advice and
opinion on matters referred to it by OPM, and recommend such changes as
in the Board's judgment are necessary to protect the public interest
and maintain the Retirement Systems on a sound financial basis and, in
doing so, shall:
a. Report annually on the actuarial status of the Retirement
Systems;
b. Review actuarial valuations no less often than once every five
years, or more often if considered necessary by OPM; and
c. In response to an agency appeal of an amount payable for FERS
under 5 U.S.C. 8423(c), and in accordance with the regulations
established under 5 CFR 841 Subpart D, review the computations of OPM
and recommend any adjustment with respect to any such amount which the
Board determines appropriate.
5. Agency or Official to Whom the Committee Reports: The Board
shall report to the OPM Director, through OPM PPA. The OPM Director may
act upon the Board's advice and recommendations.
6. Support: OPM shall provide administrative services and support
as deemed necessary for the Board's performance of its functions.
7. Estimated Annual Operating Costs and Staff Years: Based on one
expected annual meeting of the Board, the estimated annual operating
cost, to include reimbursement for travel, meetings, and administrative
support, is approximately $30,000. The estimated annual personnel cost
to OPM is 0.3 FTEs. Costs may exceed this estimate if additional ad hoc
meetings are needed (e.g. due to a statutory change or an agency
appeal).
8. Designated Federal Officer: OPM's Senior Actuary for Retirement
Programs serves as the Board's Designated Federal Officer (DFO). OPM's
Chief Actuary serves as the Board's Alternate DFO.
The Board's DFO, or Alternate DFO, is required to be in attendance
at all meetings of the Board for the entire duration of each and every
meeting. The DFO, or the Alternate DFO, shall call all meetings of the
Board; prepare and approve all meeting agendas; and adjourn any meeting
when the DFO, or the Alternate DFO, determines adjournment to be in the
public interest or required by governing regulations or OPM policies
and procedures.
9. Estimated Number and Frequency of Meetings: The Board shall meet
at the call of the Board's DFO, or Alternate DFO, in consultation with
the Board's Chair. The estimated number of Board meetings is one per
year.
10. Duration: Continuing. 5 U.S.C. 8347(f) provides for a permanent
role for the Board.
11. Termination: The Board shall terminate upon rescission of 5
U.S.C. 8347(f) and is subject to biennial review and will become
inactive 2 years from the date the charter is filed, unless prior to
that date, the charter is renewed in accordance with Section 14 of the
FACA. The Board will not meet or take any action without a valid
current charter.
12. Membership and Designation: The Board shall be comprised of
three members who are appointed by the OPM Director from among
professional actuaries who are members of the American Academy of
Actuaries and qualified under actuarial standards of practice to issue
a statement of actuarial opinion on defined benefit retirement plans.
Board members appointed by the OPM Director, who are not full-time
or permanent part-time Federal employees, shall be appointed as experts
and consultants, pursuant to 5 U.S.C. 3109, to serve as special
government employee (SGE) members, and shall, pursuant to 5 U.S.C.
8347(f), serve with compensation, to include official Board-related
travel and per diem. A member of the Board who is not an employee of
the United States is entitled to receive pay at the daily equivalent of
the annual rate of basic pay of the highest rate of basic pay than is
currently being paid under the General Schedule of subchapter III of
chapter 53 of title 5, U.S.C., for each day the member is engaged in
the performance of the duties of the Board.
Board members appointed by the OPM Director, who are full-time or
permanent part-time Federal employees, shall be appointed, pursuant to
41 CFR 102-3.130(a), to serve as regular government employee (RGE)
members.
Each Board member is appointed to provide advice to the government
on the basis of his or her best judgment without representing any
particular point of view and in a manner that is free from conflict of
interest.
[[Page 25341]]
13. Subcommittees: The Board, in coordination with the DFO, has the
authority to create subcommittees or working groups.
14. Recordkeeping: The records of the Board shall be handled
according to section 2, General Records Schedule 26, and governing OPM
policies and procedures. These records will be available for public
inspection and copying, subject to the Freedom of Information Act of
1966 (5 U.S.C. 552, as amended).
U.S. Office of Personnel Management.
Katherine L. Archuleta,
Director.
[FR Doc. 2015-10297 Filed 5-1-15; 8:45 am]
BILLING CODE 6325-63-P
