Federal Employees' Retirement System; Present Value Conversion Factors for Spouses of Deceased Separated Employees, 37135-37136 [2015-15992]

Download as PDF 37135 Rules and Regulations Federal Register Vol. 80, No. 125 Tuesday, June 30, 2015 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. Executive Order 12866, Regulatory Review OFFICE OF PERSONNEL MANAGEMENT This rule has been reviewed by the Office of Management and Budget in accordance with Executive Order (E.O.) 12866, as amended by E.O. 13258 and E.O. 13422. 5 CFR Part 843 RIN 3206–AN16 Federal Employees’ Retirement System; Present Value Conversion Factors for Spouses of Deceased Separated Employees Regulatory Flexibility Act Office of Personnel Management. ACTION: Final rule. AGENCY: The Office of Personnel Management (OPM) is adopting its proposed rule to revise the table of reduction factors for early commencing dates of survivor annuities for spouses of separated employees who die before the date on which they would be eligible for unreduced deferred annuities. This rule is necessary to ensure that the tables conform to the economic and demographic assumptions adopted by the Board of Actuaries and published in the Federal Register on March 20, 2015. DATES: Effective October 1, 2015. FOR FURTHER INFORMATION CONTACT: Roxann Johnson, (202) 606–0299. SUPPLEMENTARY INFORMATION: On March 20, 2015, OPM published at 80 FR 15036, a notice in the Federal Register to revise the normal cost percentages under the Federal Employees’ Retirement System (FERS) Act of 1986, Public Law 99–335, 100 Stat. 514, as amended, based on economic assumptions and demographic factors adopted by the Board of Actuaries of the Civil Service Retirement System. Under 5 U.S.C. 8461(i), the demographic factors and economic assumptions require corresponding changes in factors used to produce actuarially equivalence when required by the FERS Act. As a result, on April 3, 2015, at 80 FR 18159, OPM published a proposed rule in the asabaliauskas on DSK5VPTVN1PROD with RULES SUMMARY: VerDate Sep<11>2014 16:01 Jun 29, 2015 Federal Register to revise the table of reduction factors in Appendix A to subpart C of part 843, Code of Federal Regulations, for early commencing dates of survivor annuities for spouses of separated employees who die before the date on which they would be eligible for unreduced deferred annuities. OPM received no written comments on the proposed rule. Jkt 235001 I certify that this regulation will not have a significant economic impact on a substantial number of small entities because the regulation will only affect retirement payments to surviving current and former spouses of former employees and Members who separated from Federal service with title to a deferred annuity. List of Subjects in 5 CFR Part 843 Air traffic controllers, Disability benefits, Firefighters, Government employees, Law enforcement officers, Pensions, Retirement. U.S. Office of Personnel Management. Katherine Archuleta, Director. For the reasons stated in the preamble, the Office of Personnel Management amends 5 CFR part 843 as follows: PART 843—FEDERAL EMPLOYEES RETIREMENT SYSTEM—DEATH BENEFITS AND EMPLOYEE REFUNDS 1. The authority citation for part 843 continues to read as follows: ■ Authority: 5 U.S.C. 8461; §§ 843.205, 843.208, and 843.209 also issued under 5 U.S.C. 8424; § 843.309 also issued under 5 U.S.C. 8442; § 843.406 also issued under 5 U.S.C. 8441. Subpart C—Current and Former Spouse Benefits 2. Revise Appendix A to subpart C of part 843 to read as follows: ■ PO 00000 Frm 00001 Fmt 4700 Sfmt 4700 APPENDIX A TO SUPART C OF PART 843—PRESENT VALUE CONVERSION FACTORS FOR EARLIER COMENCING DATE OF ANNUITIES OF CURRENT AND FORMER SPOUSES OF DISEASED SEPARATED EMPLOYEES With at least 10 but less than 20 years of creditable service— Age of separated employee at birthday before death 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. Multiplier .0726 .0792 .0859 .0930 .1002 .1081 .1165 .1252 .1343 .1443 .1550 .1664 .1786 .1914 .2053 .2200 .2358 .2528 .2710 .2905 .3114 .3337 .3580 .3839 .4118 .4419 .4745 .5097 .5477 .5889 .6336 .6822 .7350 .7926 .8556 .9244 With at least 20, but less than 30 years of creditable service— Age of separated employee at birthday before death 36 37 38 39 40 41 42 43 44 45 46 47 48 .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. E:\FR\FM\30JNR1.SGM 30JNR1 Multiplier .1810 .1943 .2086 .2236 .2398 .2570 .2754 .2953 .3166 .3394 .3638 .3899 .4182 37136 Federal Register / Vol. 80, No. 125 / Tuesday, June 30, 2015 / Rules and Regulations Age of separated employee at birthday before death 49 50 51 52 53 54 55 56 57 58 59 Multiplier .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .............................................. .4485 .4812 .5164 .5545 .5955 .6400 .6881 .7404 .7972 .8590 .9264 With at least 30 years of creditable service— Age of separated employee at birthday before death 46 47 48 49 50 51 52 53 54 55 56 .................................. .................................. .................................. .................................. .................................. .................................. .................................. .................................. .................................. .................................. .................................. Multiplier by separated employee’s year of birth After 1966 .4561 .4889 .5244 .5624 .6035 .6476 .6954 .7469 .8027 .8631 .9287 From 1950 through 1966 .4910 .5264 .5646 .6055 .6497 .6973 .7487 .8042 .8643 .9294 1.0000 [FR Doc. 2015–15992 Filed 6–29–15; 8:45 am] BILLING CODE 6325–38–P DEPARTMENT OF ENERGY 10 CFR Parts 429 and 431 [Docket No. EERE–2012–BT–TP–0032] RIN 1904–AD19 Energy Conservation Program: Test Procedures for Packaged Terminal Air Conditioners and Packaged Terminal Heat Pumps Office of Energy Efficiency and Renewable Energy, Department of Energy. ACTION: Final rule. AGENCY: On March 13, 2014, the U.S. Department of Energy (DOE) issued a notice of proposed rulemaking (NOPR) to amend the test procedures for packaged terminal air conditioners (PTACs) and packaged terminal heat pumps (PTHPs). That NOPR serves as the basis for this final rule regarding the test method for PTACs and PTHPs. The amendments adopted here do not affect measured energy use. These changes incorporate by reference certain sections of the latest versions of industry test asabaliauskas on DSK5VPTVN1PROD with RULES SUMMARY: VerDate Sep<11>2014 16:01 Jun 29, 2015 Jkt 235001 procedures AHRI Standard 310/380– 2014, ANSI/ASHRAE Standard 16–1983 (RA 2014), ANSI/ASHRAE Standard 37– 2009, and ANSI/ASHRAE Standard 58– 1986 (RA 2014), and specify additional testing provisions that must be followed including an optional break-in period, require that cooling capacity tests be conducted using electricity measuring instruments accurate to +/¥ 0.5% of reading, explicitly require that wall sleeves be sealed, allow for the prefilling of the condensate drain pan, and require testing with 14-inch deep wall sleeves and the filter option most representative of a typical installation. The effective date of this rule is July 30, 2015. The final rule changes will be mandatory for representations starting June 24, 2016. The incorporation by reference of certain publications listed in this rule was approved by the Director of the Federal Register as of July 30, 2015. DATES: The docket, which includes Federal Register notices, public meeting attendee lists and transcripts, comments, and other supporting documents/materials, is available for review at www.regulations.gov. All documents in the docket are listed in the www.regulations.gov index. However, some documents listed in the index, such as those containing information that is exempt from public disclosure, may not be publicly available. A link to the docket Web page can be found at: http://www.regulations.gov/ #!docketDetail;D=EERE-2012-BT-TP0032. This Web page will contain a link to the docket for this notice on the regulations.gov site. The regulations.gov Web page will contain simple instructions on how to access all documents, including public comments, in the docket. For further information on how to review the docket, contact Ms. Brenda Edwards at (202) 586–2945 or by email: Brenda.Edwards@ee.doe.gov. ADDRESSES: Mr. Ronald Majette, U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy, Building Technologies Program, EE–5B, 1000 Independence Avenue SW., Washington, DC 20585–0121. Telephone: (202) 586–7935. Email: PTACs@ee.doe.gov. Jennifer Tiedeman, U.S. Department of Energy, Office of the General Counsel, GC–33, 1000 Independence Avenue SW., Washington, DC 20585–0121. Telephone: (202) 287–6111. Email: Jennifer.Tiedeman@hq.doe.gov. FOR FURTHER INFORMATION CONTACT: PO 00000 Frm 00002 Fmt 4700 Sfmt 4700 This final rule incorporates by reference into Part 431 the following industry standards: (1) AHRI Standard 310/380–2014 (‘‘AHRI 310/380–2014’’), (Supersedes ANSI/AHRI 310/380–2004), ‘‘Standard for Packaged Terminal Air-Conditioners and Heat Pumps,’’ published February 2014. (2) ANSI/ASHRAE Standard 16–1983 (RA 2014), (‘‘ANSI/ASHRAE 16’’), ‘‘Method of Testing for Rating Room Air Conditioners and Packaged Terminal Air Conditioners,’’ ASHRAE reaffirmed July 3, 2014. (3) ANSI/ASHRAE Standard 58–1986 (RA 2014), (‘‘ANSI/ASHRAE 58’’), ‘‘Method of Testing for Rating Room Air-Conditioner and Packaged Terminal Air-Conditioner Heating Capacity,’’ ASHRAE reaffirmed July 3, 2014. (4) ANSI/ASHRAE Standard 37–2009, (‘‘ANSI/ASHRAE 37’’) (Supersedes ANSI/ASHRAE Standard 37–2005), ‘‘Methods of Testing for Rating Electrically Driven Unitary AirConditioning and Heat Pump Equipment,’’ ASHRAE approved June 20, 2009; ANSI approved June 25, 2009. You can obtain copies of AHRI standards from the Air-Conditioning, Heating, and Refrigeration Institute, 2111 Wilson Boulevard, Suite 500, Arlington, VA 22201, 703–524–8800, or www.ahrinet.org. You can obtain copies of ASHRAE standards from the American Society of Heating, Refrigerating and Air-Conditioning Engineers, 1791 Tullie Circle, NE. Atlanta, GA 30329, 404–636–8400, or www.ashrae.org. SUPPLEMENTARY INFORMATION: Table of Contents I. Authority and Background A. General Test Procedure Rulemaking Process B. DOE PTAC and PTHP Test Procedures II. Summary of the Final Rule III. Discussion A. Break-In Duration B. Wall Sleeve Sealing C. Pre-Filling Condensate Drain Pan D. ANSI/ASHRAE 16 vs. ANSI/ASHRAE 37 E. AHRI Standard 310/380–2014 and Reaffirmed ASHRAE Standards F. Wall Sleeve Size and Filter Requirements for Testing G. Barometric Pressure Correction H. Part-Load Efficiency Metric and Varying Ambient Conditions I. Cooling Capacity Verification J. Additional Comments K. Compliance Date of the Test Procedure Amendments IV. Procedural Issues and Regulatory Review A. Review Under Executive Order 12866 B. Review Under the Regulatory Flexibility Act C. Review Under the Paperwork Reduction Act of 1995 E:\FR\FM\30JNR1.SGM 30JNR1

Agencies

[Federal Register Volume 80, Number 125 (Tuesday, June 30, 2015)]
[Rules and Regulations]
[Pages 37135-37136]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-15992]



========================================================================
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. 80, No. 125 / Tuesday, June 30, 2015 / Rules 
and Regulations

[[Page 37135]]



OFFICE OF PERSONNEL MANAGEMENT

5 CFR Part 843

RIN 3206-AN16


Federal Employees' Retirement System; Present Value Conversion 
Factors for Spouses of Deceased Separated Employees

AGENCY: Office of Personnel Management.

ACTION: Final rule.

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

SUMMARY: The Office of Personnel Management (OPM) is adopting its 
proposed rule to revise the table of reduction factors for early 
commencing dates of survivor annuities for spouses of separated 
employees who die before the date on which they would be eligible for 
unreduced deferred annuities. This rule is necessary to ensure that the 
tables conform to the economic and demographic assumptions adopted by 
the Board of Actuaries and published in the Federal Register on March 
20, 2015.

DATES: Effective October 1, 2015.

FOR FURTHER INFORMATION CONTACT: Roxann Johnson, (202) 606-0299.

SUPPLEMENTARY INFORMATION: On March 20, 2015, OPM published at 80 FR 
15036, a notice in the Federal Register to revise the normal cost 
percentages under the Federal Employees' Retirement System (FERS) Act 
of 1986, Public Law 99-335, 100 Stat. 514, as amended, based on 
economic assumptions and demographic factors adopted by the Board of 
Actuaries of the Civil Service Retirement System. Under 5 U.S.C. 
8461(i), the demographic factors and economic assumptions require 
corresponding changes in factors used to produce actuarially 
equivalence when required by the FERS Act. As a result, on April 3, 
2015, at 80 FR 18159, OPM published a proposed rule in the Federal 
Register to revise the table of reduction factors in Appendix A to 
subpart C of part 843, Code of Federal Regulations, for early 
commencing dates of survivor annuities for spouses of separated 
employees who die before the date on which they would be eligible for 
unreduced deferred annuities. OPM received no written comments on the 
proposed rule.

Executive Order 12866, Regulatory Review

    This rule has been reviewed by the Office of Management and Budget 
in accordance with Executive Order (E.O.) 12866, as amended by E.O. 
13258 and E.O. 13422.

Regulatory Flexibility Act

    I certify that this regulation will not have a significant economic 
impact on a substantial number of small entities because the regulation 
will only affect retirement payments to surviving current and former 
spouses of former employees and Members who separated from Federal 
service with title to a deferred annuity.

List of Subjects in 5 CFR Part 843

    Air traffic controllers, Disability benefits, Firefighters, 
Government employees, Law enforcement officers, Pensions, Retirement.

U.S. Office of Personnel Management.
Katherine Archuleta,
Director.

    For the reasons stated in the preamble, the Office of Personnel 
Management amends 5 CFR part 843 as follows:

PART 843--FEDERAL EMPLOYEES RETIREMENT SYSTEM--DEATH BENEFITS AND 
EMPLOYEE REFUNDS

0
1. The authority citation for part 843 continues to read as follows:

    Authority: 5 U.S.C. 8461; Sec. Sec.  843.205, 843.208, and 
843.209 also issued under 5 U.S.C. 8424; Sec.  843.309 also issued 
under 5 U.S.C. 8442; Sec.  843.406 also issued under 5 U.S.C. 8441.

Subpart C--Current and Former Spouse Benefits

0
2. Revise Appendix A to subpart C of part 843 to read as follows:

APPENDIX A TO SUPART C OF PART 843--PRESENT VALUE CONVERSION FACTORS 
FOR EARLIER COMENCING DATE OF ANNUITIES OF CURRENT AND FORMER SPOUSES 
OF DISEASED SEPARATED EMPLOYEES

    With at least 10 but less than 20 years of creditable service--

------------------------------------------------------------------------
     Age of separated employee at birthday before death       Multiplier
------------------------------------------------------------------------
26.........................................................        .0726
27.........................................................        .0792
28.........................................................        .0859
29.........................................................        .0930
30.........................................................        .1002
31.........................................................        .1081
32.........................................................        .1165
33.........................................................        .1252
34.........................................................        .1343
35.........................................................        .1443
36.........................................................        .1550
37.........................................................        .1664
38.........................................................        .1786
39.........................................................        .1914
40.........................................................        .2053
41.........................................................        .2200
42.........................................................        .2358
43.........................................................        .2528
44.........................................................        .2710
45.........................................................        .2905
46.........................................................        .3114
47.........................................................        .3337
48.........................................................        .3580
49.........................................................        .3839
50.........................................................        .4118
51.........................................................        .4419
52.........................................................        .4745
53.........................................................        .5097
54.........................................................        .5477
55.........................................................        .5889
56.........................................................        .6336
57.........................................................        .6822
58.........................................................        .7350
59.........................................................        .7926
60.........................................................        .8556
61.........................................................        .9244
------------------------------------------------------------------------

    With at least 20, but less than 30 years of creditable service--

------------------------------------------------------------------------
     Age of separated employee at birthday before death       Multiplier
------------------------------------------------------------------------
36.........................................................        .1810
37.........................................................        .1943
38.........................................................        .2086
39.........................................................        .2236
40.........................................................        .2398
41.........................................................        .2570
42.........................................................        .2754
43.........................................................        .2953
44.........................................................        .3166
45.........................................................        .3394
46.........................................................        .3638
47.........................................................        .3899
48.........................................................        .4182

[[Page 37136]]

 
49.........................................................        .4485
50.........................................................        .4812
51.........................................................        .5164
52.........................................................        .5545
53.........................................................        .5955
54.........................................................        .6400
55.........................................................        .6881
56.........................................................        .7404
57.........................................................        .7972
58.........................................................        .8590
59.........................................................        .9264
------------------------------------------------------------------------

    With at least 30 years of creditable service--

------------------------------------------------------------------------
                                                         Multiplier by
                                                           separated
                                                      employee's year of
                                                             birth
 Age of separated employee at birthday before death  -------------------
                                                                  From
                                                        After     1950
                                                        1966     through
                                                                  1966
------------------------------------------------------------------------
46..................................................     .4561     .4910
47..................................................     .4889     .5264
48..................................................     .5244     .5646
49..................................................     .5624     .6055
50..................................................     .6035     .6497
51..................................................     .6476     .6973
52..................................................     .6954     .7487
53..................................................     .7469     .8042
54..................................................     .8027     .8643
55..................................................     .8631     .9294
56..................................................     .9287    1.0000
------------------------------------------------------------------------

[FR Doc. 2015-15992 Filed 6-29-15; 8:45 am]
 BILLING CODE 6325-38-P