Federal Employees' Group Life Insurance Program; Premium Changes and Open Season, 47535-47537 [2015-19398]
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Federal Register / Vol. 80, No. 152 / Friday, August 7, 2015 / Notices
guidance and references in the CFR.
Related specifications and standards for
SNM monitors and metal detectors have
been updated or developed since the
previous revision was issued in 1974.
This revision has been developed to
provide detection practices and criteria
that licensees may use to meet NRC
regulations in 10 CFR part 73 and to
augment programmatic information
within the general reference, NUREG–
1964, ‘‘Access Control Systems:
Technical Information for NRC
Licensees,’’ issued in April of 2011.
NUREG–1964 may be found in ADAMS
under Accession No. ML1115A078.
II. Additional Information
DG–5038 was published in the
Federal Register on March 26, 2014, (79
FR 16832) for a 30 day public comment
period. The public comment period
closed on April 25, 2014. Public
comments on DG–5038 and the staff
responses to the public comments are
available at ADAMS Accession Number
ML14288A653.
tkelley on DSK3SPTVN1PROD with NOTICES
III. Congressional Review Act
This regulatory guide is a rule as
defined in the Congressional Review
Act (5 U.S.C. 801–808). However, the
Office of Management and Budget has
not found it to be a major rule as
defined in the Congressional Review
Act.
IV. Backfitting and Issue Finality
This RG applies to applicants for, and
current and future holders of special
nuclear material licenses under 10 CFR
part 70, and operating licenses under
part 50, combined licenses under part
52, and certificates of compliance or
approvals of a compliance plan for
gaseous diffusion plants under part 76
if they are also applicants for, or holders
of, special nuclear material licenses
under part 70. Issuance of this RG does
not constitute backfitting under 10 CFR
parts 50, 70, or 76, and is not otherwise
inconsistent with the issue finality
provisions in 10 CFR part 52. As
discussed in the ‘‘Implementation’’
section of the RG, the NRC has no
current intention to impose this RG on
holders of part 50 operating licenses,
part 52 combined licenses, part 70
licensees, or part 76 certificates of
compliance. Moreover, the guidance in
the RG addresses security issues, which
are matters separate from the technical
requirements to operate a facility
covered by backfitting and issue finality
provisions.
The NRC has determined that the
backfit provisions in § 50.109 do not
apply to non-power reactor licensees
because the rulemaking record for
VerDate Sep<11>2014
18:24 Aug 06, 2015
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§ 50.109 indicates that the Commission
likely intended to apply this provision
to only power reactors, and NRC
practice has been consistent with this
rulemaking record. The part 52 issue
finality provisions do not apply to nonpower reactors because part 52 does not
apply to non-power reactors.
This RG could be applied to
applications for part 50 operating
licenses, part 52 combined licenses, part
70 licenses, and part 76 certificates of
compliance docketed by the NRC as of
the date of issuance of the RG, as well
as future such applications submitted
after the issuance of the RG. Such action
would not constitute backfitting as
defined in 10 CFR 50.109, 70.76, or
76.76, or be otherwise inconsistent with
the applicable issue finality provision in
10 CFR part 52, inasmuch as such
applicants or potential applicants are
not within the scope of entities
protected by 10 CFR 50.109, 70.76, and
76.76, or the relevant issue finality
provisions in part 52. Backfitting
restrictions were not intended to apply
to every NRC action that substantially
changes settled expectations, and
applicants have no reasonable
expectation that future requirements
may change, see 54 FR 15372 (April 18,
1989), at 15385–86. Although the issue
finality provisions in part 52 are
intended to provide regulatory stability
and issue finality, the matters addressed
in this RG (concerning certain security
requirements in part 73) are not within
the scope of issues that may be resolved
for design certification, design approval
or a manufacturing license, and
therefore are not subject to issue finality
protections in part 52.
Dated at Rockville, Maryland, this 23rd day
of July 2015.
For the Nuclear Regulatory Commission.
Thomas H. Boyce,
Chief, Regulatory Guidance and Generic
Issues Branch, Division of Engineering, Office
of Nuclear Regulatory Research.
[FR Doc. 2015–19445 Filed 8–6–15; 8:45 am]
BILLING CODE 7590–01–P
OFFICE OF PERSONNEL
MANAGEMENT
Federal Employees’ Group Life
Insurance Program; Premium Changes
and Open Season
U.S. Office of Personnel
Management.
ACTION: Notice.
AGENCY:
The Office of Personnel
Management (OPM) is announcing an
upcoming FEGLI Open Season and
changes in premium rates for certain
SUMMARY:
PO 00000
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Fmt 4703
Sfmt 4703
47535
Federal Employees’ Group Life
Insurance (FEGLI) categories in
accordance with sections 870.401(a)(2)
and 870.402(a)(3) of title 5 of the Code
of Federal Regulations. These include
changes to premium rates for Option A
(most age bands), Option B (most age
bands), Option C (most age bands), and
Post-Retirement Basic Insurance. These
rates will be effective the first pay
period beginning on or after January 1,
2016. The FEGLI Open Season will be
held from September 1, 2016 through
September 30, 2016.
DATES: These rates will be effective the
first pay period beginning on or after
January 1, 2016.
FOR FURTHER INFORMATION CONTACT:
Delon Pinto, Delon.Pinto@opm.gov,
(202) 606–0004.
SUPPLEMENTARY INFORMATION: This
notice announces an upcoming FEGLI
Open Season between September 1,
2016 and September 30, 2016 and also
announces changes to FEGLI Option A
(most age bands), Option B (most age
bands), Option C (most age bands), and
Post-Retirement Basic Insurance.
Open Seasons are one method by
which healthy individuals can be
attracted to join and reduce the risk
profile of the program. Some less
healthy individuals may elect coverage
during Open Seasons. To mitigate this
risk, the effective date for employees in
active pay status who make an Open
Season election would be delayed one
full year to October 1, 2017, subject to
FEGLI law and regulation, including
applicable pay and duty status
requirements.
FEGLI premium rates are assessed
based on Program experience in
accordance with FEGLI statutes at
8711(b), 8714a(e), 8714b(e), and
8714c(e), and OPM’s Annual FEGLI Rate
Review Process. The premium rates in
the FEGLI program represent estimates
of premium income necessary to pay
future expected benefits costs. The rates
for all coverage categories are specific to
the experience of the FEGLI group and
are not based on mortality rates within
the general population. Actuarial
analysis of changing mortality rates
makes periodic premium adjustments
necessary.
OPM has completed a study of
funding and claims experience within
the FEGLI Program. Based on this
updated actuarial analysis of actual
claims experience, OPM has determined
that changes are required to Option A,
Option B, Option C and Post-Retirement
Basic Insurance premiums. These
changes reflect updated mortality and
claims rates from actual program
experience within each FEGLI category.
E:\FR\FM\07AUN1.SGM
07AUN1
47536
Federal Register / Vol. 80, No. 152 / Friday, August 7, 2015 / Notices
The legislative structure of the FEGLI
Program assumes that we set premium
rates for each age band independently of
the other bands so that each age band
is financially self-supporting.
We will issue guidance to all agencies
for the purpose of counseling employees
and we will notify affected annuitants
directly via OPM’s Office of Retirement
Services. The FEGLI premium rates will
be maintained on the FEGLI Web site
www.opm.gov/insure/life.
The new FEGLI premium rates for
Option A, Option B, Option C and the
Post-Retirement Basic Option are as
follows:
OPTION A (FOR $10,000 OF INSURANCE)
[The premiums for compensationers who are paid every four weeks are two times the biweekly premium]
Age band
Bi-Weekly
< 35 ..........................................................................................................................................................................
35–39 .......................................................................................................................................................................
40–44 .......................................................................................................................................................................
45–49 .......................................................................................................................................................................
50–54 .......................................................................................................................................................................
55–59 .......................................................................................................................................................................
60 + ..........................................................................................................................................................................
$0.20
0.30
0.40
0.70
1.10
2.00
6.00
Monthly
$0.43
0.65
0.87
1.52
2.38
4.33
13.00
OPTION B (PER $1,000 OF INSURANCE)
[The premiums for compensationers who are paid every four weeks are two times the biweekly premium]
Age band
Bi-Weekly
< 35 ..........................................................................................................................................................................
35–39 .......................................................................................................................................................................
40–44 .......................................................................................................................................................................
45–49 .......................................................................................................................................................................
50–54 .......................................................................................................................................................................
55–59 .......................................................................................................................................................................
60–64 .......................................................................................................................................................................
65–69 .......................................................................................................................................................................
70–74 .......................................................................................................................................................................
75–79 .......................................................................................................................................................................
80 + ..........................................................................................................................................................................
$0.02
0.03
0.04
0.07
0.11
0.20
0.44
0.54
0.96
1.80
2.64
Monthly
$0.043
0.065
0.087
0.152
0.238
0.433
0.953
1.170
2.080
3.900
5.720
OPTION C (PER MULTIPLE OF INSURANCE)
[The premiums for compensationers who are paid every four weeks are two times the biweekly premium]
Age band
Bi-Weekly
< 35 ..........................................................................................................................................................................
35–39 .......................................................................................................................................................................
40–44 .......................................................................................................................................................................
45–49 .......................................................................................................................................................................
50–54 .......................................................................................................................................................................
55–59 .......................................................................................................................................................................
60–64 .......................................................................................................................................................................
65–69 .......................................................................................................................................................................
70–74 .......................................................................................................................................................................
75–79 .......................................................................................................................................................................
80 + ..........................................................................................................................................................................
$0.22
0.27
0.41
0.59
0.92
1.48
2.70
3.14
3.83
5.26
7.20
Monthly
$0.48
0.59
0.89
1.28
1.99
3.21
5.85
6.80
8.30
11.40
15.60
POST-RETIREMENT BASIC INSURANCE FOR ANNUITANTS
[Monthly rate per $1,000 of insurance]
Before age 65
tkelley on DSK3SPTVN1PROD with NOTICES
75% Reduction ........................................................................................................................................................
50% Reduction ........................................................................................................................................................
No Reduction ...........................................................................................................................................................
$0.3250
1.0350
2.4550
After age 65
No cost.
$0.71.
$2.13.
POST-RETIREMENT BASIC INSURANCE FOR COMPENSATIONERS
[Withholding every four weeks per $1,000 of insurance]
Before Age 65
75% Reduction ........................................................................................................................................................
50% Reduction ........................................................................................................................................................
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E:\FR\FM\07AUN1.SGM
07AUN1
$0.30
0.96
After Age 65
No cost.
$0.66.
47537
Federal Register / Vol. 80, No. 152 / Friday, August 7, 2015 / Notices
POST-RETIREMENT BASIC INSURANCE FOR COMPENSATIONERS—Continued
[Withholding every four weeks per $1,000 of insurance]
Before Age 65
No Reduction ...........................................................................................................................................................
Premium rates for Basic Employee
insurance will not change at this time.
These rates will be effective the first pay
period beginning on or after January 1,
2016.
U.S. Office of Personnel Management.
Beth F. Cobert,
Acting Director.
To support its Notice, the Postal
Service filed a copy of the Agreement,
a copy of the Governors’ Decision
authorizing the product, a certification
of compliance with 39 U.S.C. 3633(a),
and an application for non-public
treatment of certain materials. It also
filed supporting financial workpapers.
[FR Doc. 2015–19398 Filed 8–6–15; 8:45 am]
II. Notice of Commission Action
BILLING CODE 6325–38–P
The Commission establishes Docket
No. CP2015–119 for consideration of
matters raised by the Notice.
The Commission invites comments on
whether the Postal Service’s filing is
consistent with 39 U.S.C. 3632, 3633, or
3642, 39 CFR part 3015, and 39 CFR
part 3020, subpart B. Comments are due
no later than August 10, 2015. The
public portions of the filing can be
accessed via the Commission’s Web site
(https://www.prc.gov).
The Commission appoints Kenneth R.
Moeller to serve as an officer of the
Commission to represent the interests of
the general public in this proceeding
(Public Representative).
POSTAL REGULATORY COMMISSION
[Docket No. CP2015–119; Order No. 2630]
New Postal Product
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Commission is noticing a
recent Postal Service filing concerning
an additional Global Expedited Package
Services 3 negotiated service agreement.
This notice informs the public of the
filing, invites public comment, and
takes other administrative steps.
DATES: Comments are due: August 10,
2015.
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov. Those who cannot submit
comments electronically should contact
the person identified in the FOR FURTHER
INFORMATION CONTACT section by
telephone for advice on filing
alternatives.
FOR FURTHER INFORMATION CONTACT:
David A. Trissell, General Counsel, at
202–789–6820.
SUPPLEMENTARY INFORMATION:
SUMMARY:
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket
No. CP2015–119 for consideration of the
matters raised by the Postal Service’s
Notice.
2. Pursuant to 39 U.S.C. 505, Kenneth
R. Moeller is appointed as the Public
Representative in this proceeding.
3. Comments are due no later than
August 10, 2015.
4. The Secretary shall arrange for
publication of this order in the Federal
Register.
I. Introduction
II. Notice of Commission Action
III. Ordering Paragraphs
tkelley on DSK3SPTVN1PROD with NOTICES
Table of Contents
By the Commission.
Ruth Ann Abrams,
Acting Secretary.
[FR Doc. 2015–19388 Filed 8–6–15; 8:45 am]
BILLING CODE 7710–FW–P
I. Introduction
On July 31, 2015, the Postal Service
filed notice that it has entered into an
additional Global Expedited Package
Services 3 (GEPS 3) negotiated service
agreement (Agreement).1
POSTAL REGULATORY COMMISSION
[Docket Nos. MC2015–76 and CP2015–120;
Order No. 2628]
New Postal Product
Postal Regulatory Commission.
Notice.
2.27
After Age 65
$1.97.
the addition of Priority Mail Contract
139 negotiated service agreement to the
competitive product list. This notice
informs the public of the filing, invites
public comment, and takes other
administrative steps.
DATES: Comments are due: August 10,
2015.
ADDRESSES: Submit comments
electronically via the Commission’s
Filing Online system at https://
www.prc.gov. Those who cannot submit
comments electronically should contact
the person identified in the FOR FURTHER
INFORMATION CONTACT section by
telephone for advice on filing
alternatives.
FOR FURTHER INFORMATION CONTACT:
David A. Trissell, General Counsel, at
202–789–6820.
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction
II. Notice of Commission Action
III. Ordering Paragraphs
I. Introduction
In accordance with 39 U.S.C. 3642
and 39 CFR 3020.30 et seq., the Postal
Service filed a formal request and
associated supporting information to
add Priority Mail Contract 139 to the
competitive product list.1
The Postal Service
contemporaneously filed a redacted
contract related to the proposed new
product under 39 U.S.C. 3632(b)(3) and
39 CFR 3015.5. Id. Attachment B.
To support its Request, the Postal
Service filed a copy of the contract, a
copy of the Governors’ Decision
authorizing the product, proposed
changes to the Mail Classification
Schedule, a Statement of Supporting
Justification, a certification of
compliance with 39 U.S.C. 3633(a), and
an application for non-public treatment
of certain materials. It also filed
supporting financial workpapers.
II. Notice of Commission Action
The Commission establishes Docket
Nos. MC2015–76 and CP2015–120 to
consider the Request pertaining to the
AGENCY:
1 Notice
of United States Postal Service of Filing
a Functionally Equivalent Global Expedited
Package Services 3 Negotiated Service Agreement
and Application for Non-Public Treatment of
Materials Filed Under Seal, July 31, 2015 (Notice).
VerDate Sep<11>2014
18:24 Aug 06, 2015
Jkt 235001
ACTION:
The Commission is noticing a
recent Postal Service filing concerning
SUMMARY:
PO 00000
Frm 00088
Fmt 4703
Sfmt 4703
1 Request of the United States Postal Service to
Add Priority Mail Contract 139 to Competitive
Product List and Notice of Filing (Under Seal) of
Unredacted Governors’ Decision, Contract, and
Supporting Data, July 31, 2015 (Request).
E:\FR\FM\07AUN1.SGM
07AUN1
]]>Agencies
[Federal Register Volume 80, Number 152 (Friday, August 7, 2015)]
[Notices]
[Pages 47535-47537]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-19398]
=======================================================================
-----------------------------------------------------------------------
OFFICE OF PERSONNEL MANAGEMENT
Federal Employees' Group Life Insurance Program; Premium Changes
and Open Season
AGENCY: U.S. Office of Personnel Management.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Office of Personnel Management (OPM) is announcing an
upcoming FEGLI Open Season and changes in premium rates for certain
Federal Employees' Group Life Insurance (FEGLI) categories in
accordance with sections 870.401(a)(2) and 870.402(a)(3) of title 5 of
the Code of Federal Regulations. These include changes to premium rates
for Option A (most age bands), Option B (most age bands), Option C
(most age bands), and Post-Retirement Basic Insurance. These rates will
be effective the first pay period beginning on or after January 1,
2016. The FEGLI Open Season will be held from September 1, 2016 through
September 30, 2016.
DATES: These rates will be effective the first pay period beginning on
or after January 1, 2016.
FOR FURTHER INFORMATION CONTACT: Delon Pinto, Delon.Pinto@opm.gov,
(202) 606-0004.
SUPPLEMENTARY INFORMATION: This notice announces an upcoming FEGLI Open
Season between September 1, 2016 and September 30, 2016 and also
announces changes to FEGLI Option A (most age bands), Option B (most
age bands), Option C (most age bands), and Post-Retirement Basic
Insurance.
Open Seasons are one method by which healthy individuals can be
attracted to join and reduce the risk profile of the program. Some less
healthy individuals may elect coverage during Open Seasons. To mitigate
this risk, the effective date for employees in active pay status who
make an Open Season election would be delayed one full year to October
1, 2017, subject to FEGLI law and regulation, including applicable pay
and duty status requirements.
FEGLI premium rates are assessed based on Program experience in
accordance with FEGLI statutes at 8711(b), 8714a(e), 8714b(e), and
8714c(e), and OPM's Annual FEGLI Rate Review Process. The premium rates
in the FEGLI program represent estimates of premium income necessary to
pay future expected benefits costs. The rates for all coverage
categories are specific to the experience of the FEGLI group and are
not based on mortality rates within the general population. Actuarial
analysis of changing mortality rates makes periodic premium adjustments
necessary.
OPM has completed a study of funding and claims experience within
the FEGLI Program. Based on this updated actuarial analysis of actual
claims experience, OPM has determined that changes are required to
Option A, Option B, Option C and Post-Retirement Basic Insurance
premiums. These changes reflect updated mortality and claims rates from
actual program experience within each FEGLI category.
[[Page 47536]]
The legislative structure of the FEGLI Program assumes that we set
premium rates for each age band independently of the other bands so
that each age band is financially self-supporting.
We will issue guidance to all agencies for the purpose of
counseling employees and we will notify affected annuitants directly
via OPM's Office of Retirement Services. The FEGLI premium rates will
be maintained on the FEGLI Web site www.opm.gov/insure/life.
The new FEGLI premium rates for Option A, Option B, Option C and
the Post-Retirement Basic Option are as follows:
Option A (for $10,000 of Insurance)
[The premiums for compensationers who are paid every four weeks are two
times the biweekly premium]
------------------------------------------------------------------------
Age band Bi-Weekly Monthly
------------------------------------------------------------------------
< 35.................................... $0.20 $0.43
35-39................................... 0.30 0.65
40-44................................... 0.40 0.87
45-49................................... 0.70 1.52
50-54................................... 1.10 2.38
55-59................................... 2.00 4.33
60 +.................................... 6.00 13.00
------------------------------------------------------------------------
Option B (per $1,000 of Insurance)
[The premiums for compensationers who are paid every four weeks are two
times the biweekly premium]
------------------------------------------------------------------------
Age band Bi-Weekly Monthly
------------------------------------------------------------------------
< 35.................................... $0.02 $0.043
35-39................................... 0.03 0.065
40-44................................... 0.04 0.087
45-49................................... 0.07 0.152
50-54................................... 0.11 0.238
55-59................................... 0.20 0.433
60-64................................... 0.44 0.953
65-69................................... 0.54 1.170
70-74................................... 0.96 2.080
75-79................................... 1.80 3.900
80 +.................................... 2.64 5.720
------------------------------------------------------------------------
Option C (per Multiple of Insurance)
[The premiums for compensationers who are paid every four weeks are two
times the biweekly premium]
------------------------------------------------------------------------
Age band Bi-Weekly Monthly
------------------------------------------------------------------------
< 35.................................... $0.22 $0.48
35-39................................... 0.27 0.59
40-44................................... 0.41 0.89
45-49................................... 0.59 1.28
50-54................................... 0.92 1.99
55-59................................... 1.48 3.21
60-64................................... 2.70 5.85
65-69................................... 3.14 6.80
70-74................................... 3.83 8.30
75-79................................... 5.26 11.40
80 +.................................... 7.20 15.60
------------------------------------------------------------------------
Post-Retirement Basic Insurance for Annuitants
[Monthly rate per $1,000 of insurance]
------------------------------------------------------------------------
Before age 65 After age 65
------------------------------------------------------------------------
75% Reduction........................... $0.3250 No cost.
50% Reduction........................... 1.0350 $0.71.
No Reduction............................ 2.4550 $2.13.
------------------------------------------------------------------------
Post-Retirement Basic Insurance for Compensationers
[Withholding every four weeks per $1,000 of insurance]
------------------------------------------------------------------------
Before Age 65 After Age 65
------------------------------------------------------------------------
75% Reduction........................... $0.30 No cost.
50% Reduction........................... 0.96 $0.66.
[[Page 47537]]
No Reduction............................ 2.27 $1.97.
------------------------------------------------------------------------
Premium rates for Basic Employee insurance will not change at this
time. These rates will be effective the first pay period beginning on
or after January 1, 2016.
U.S. Office of Personnel Management.
Beth F. Cobert,
Acting Director.
[FR Doc. 2015-19398 Filed 8-6-15; 8:45 am]
BILLING CODE 6325-38-P
