Sunshine Act Meetings; Amended Notice, 72754 [2015-29777]

Download as PDF 72754 Federal Register / Vol. 80, No. 224 / Friday, November 20, 2015 / Notices 3. Comments by interested persons in this proceeding are due no later than November 23, 2015. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2015–29621 Filed 11–19–15; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION Sunshine Act Meetings; Amended Notice This is an amendment to the Sunshine Act meeting notice of the Postal Regulatory Commission published in the Federal Register of May 15, 2015 (80 FR 28015). The amendment is being made to update the agenda and contact person for the December 3, 2015, meeting. TIMES AND DATES: December 3, 2015, at 11 a.m. Portions Open to the Public 1. Report from the Office of Public Affairs and Government Relations. 2. Report from the Office of the General Counsel. 3. Report from the Office of Accountability and Compliance. 4. Commissioners Vote to designate new Vice-Chairman of the Commission pursuant to 39 U.S.C. 502(e). CONTACT PERSON FOR MORE INFORMATION: David A. Trissell, General Counsel, Postal Regulatory Commission, 901 New York Avenue NW., Suite 200, Washington, DC 20268–0001, at 202– 789–6820 (for agenda-related inquiries) and Stacy L. Ruble, Secretary of the Commission, at 202–789–6800 or stacy.ruble@prc.gov (for inquiries related to meeting location, changes in date or time of the meeting, access for handicapped or disabled persons, the audiocast, or similar matters). The Commission’s Web site may also provide information on changes in the date or time of the meeting. By direction of the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2015–29777 Filed 11–18–15; 4:15 pm] tkelley on DSK3SPTVN1PROD with NOTICES BILLING CODE 7710–FW–P RAILROAD RETIREMENT BOARD 2016 Railroad Experience Rating Proclamations, Monthly Compensation Base and Other Determinations AGENCY: Railroad Retirement Board. VerDate Sep<11>2014 17:39 Nov 19, 2015 Jkt 238001 ACTION: Notice. FOR FURTHER INFORMATION CONTACT: Pursuant to section 8(c)(2) and section 12(r)(3) of the Railroad Unemployment Insurance Act (Act) (45 U.S.C. 358(c)(2) and 45 U.S.C. 362(r)(3), respectively), the Board gives notice of the following: 1. The balance to the credit of the Railroad Unemployment Insurance (RUI) Account, as of June 30, 2015, is $120,082,848.11; 2. The September 30, 2015, balance of any new loans to the RUI Account, including accrued interest, is zero; 3. The system compensation base is $4,226,071,387.68 as of June 30, 2015; 4. The cumulative system unallocated charge balance is ($393,458,771.03) as of June 30, 2015; 5. The pooled credit ratio for calendar year 2016 is zero; 6. The pooled charged ratio for calendar year 2016 is zero; 7. The surcharge rate for calendar year 2016 is 1.5 percent; 8. The monthly compensation base under section 1(i) of the Act is $1,455 for months in calendar year 2016; 9. The amount described in sections 1(k) and 3 of the Act as ‘‘2.5 times the monthly compensation base’’ is $3,637.50 for base year (calendar year) 2016; 10. The amount described in section 4(a-2)(i)(A) of the Act as ‘‘2.5 times the monthly compensation base’’ is $3,637.50 with respect to disqualifications ending in calendar year 2016; 11. The amount described in section 2(c) of the Act as ‘‘an amount that bears the same ratio to $775 as the monthly compensation base for that year as computed under section 1(i) of this Act bears to $600’’ is $1,879 for months in calendar year 2016; 12. The maximum daily benefit rate under section 2(a)(3) of the Act is $72 with respect to days of unemployment and days of sickness in registration periods beginning after June 30, 2016. DATES: The balance in notice (1) and the determinations made in notices (3) through (7) are based on data as of June 30, 2015. The balance in notice (2) is based on data as of September 30, 2015. The determinations made in notices (5) through (7) apply to the calculation, under section 8(a)(1)(C) of the Act, of employer contribution rates for 2016. The determinations made in notices (8) through (11) are effective January 1, 2016. The determination made in notice (12) is effective for registration periods beginning after June 30, 2016. ADDRESSES: Secretary to the Board, Railroad Retirement Board, 844 Rush Street, Chicago, Illinois 60611–2092. SUMMARY: PO 00000 Frm 00075 Fmt 4703 Sfmt 4703 Marla L. Huddleston, Bureau of the Actuary, Railroad Retirement Board, 844 Rush Street, Chicago, Illinois 60611– 2092, telephone (312) 751–4779. The RRB is required by section 8(c)(1) of the Railroad Unemployment Insurance Act (Act) (45 U.S.C. 358(c)(1)) as amended by Public Law 100–647, to proclaim by October 15 of each year certain systemwide factors used in calculating experience-based employer contribution rates for the following year. The RRB is further required by section 8(c)(2) of the Act (45 U.S.C. 358(c)(2)) to publish the amounts so determined and proclaimed. The RRB is required by section 12(r)(3) of the Act (45 U.S.C. 362(r)(3)) to publish by December 11, 2015, the computation of the calendar year 2016 monthly compensation base (section 1(i) of the Act) and amounts described in sections 1(k), 2(c), 3 and 4(a–2)(i)(A) of the Act which are related to changes in the monthly compensation base. Also, the RRB is required to publish, by June 11, 2016, the maximum daily benefit rate under section 2(a)(3) of the Act for days of unemployment and days of sickness in registration periods beginning after June 30, 2016. SUPPLEMENTARY INFORMATION: Surcharge Rate A surcharge is added in the calculation of each employer’s contribution rate, subject to the applicable maximum rate, for a calendar year whenever the balance to the credit of the RUI Account on the preceding June 30 is less than the greater of $100 million or the amount that bears the same ratio to $100 million as the system compensation base for that June 30 bears to the system compensation base as of June 30, 1991. If the RUI Account balance is less than $100 million (as indexed), but at least $50 million (as indexed), the surcharge will be 1.5 percent. If the RUI Account balance is less than $50 million (as indexed), but greater than zero, the surcharge will be 2.5 percent. The maximum surcharge of 3.5 percent applies if the RUI Account balance is less than zero. The ratio of the June 30, 2015 system compensation base of $4,226,071,387.68 to the June 30, 1991 system compensation base of $2,763,287,237.04 is 1.52936377. Multiplying 1.52936377 by $100 million yields $152,936,377.00. Multiplying $50 million by 1.52936377 produces $76,468,188.50. The Account balance on June 30, 2015, was $120,082,848.11. Accordingly, the surcharge rate for calendar year 2016 is 1.5 percent. E:\FR\FM\20NON1.SGM 20NON1

Agencies

[Federal Register Volume 80, Number 224 (Friday, November 20, 2015)]
[Notices]
[Page 72754]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-29777]


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POSTAL REGULATORY COMMISSION


Sunshine Act Meetings; Amended Notice

    This is an amendment to the Sunshine Act meeting notice of the 
Postal Regulatory Commission published in the Federal Register of May 
15, 2015 (80 FR 28015). The amendment is being made to update the 
agenda and contact person for the December 3, 2015, meeting.

Times and Dates: December 3, 2015, at 11 a.m.

Portions Open to the Public

    1. Report from the Office of Public Affairs and Government 
Relations.
    2. Report from the Office of the General Counsel.
    3. Report from the Office of Accountability and Compliance.
    4. Commissioners Vote to designate new Vice-Chairman of the 
Commission pursuant to 39 U.S.C. 502(e).

Contact Person for More Information: David A. Trissell, General 
Counsel, Postal Regulatory Commission, 901 New York Avenue NW., Suite 
200, Washington, DC 20268-0001, at 202-789-6820 (for agenda-related 
inquiries) and Stacy L. Ruble, Secretary of the Commission, at 202-789-
6800 or stacy.ruble@prc.gov (for inquiries related to meeting location, 
changes in date or time of the meeting, access for handicapped or 
disabled persons, the audiocast, or similar matters). The Commission's 
Web site may also provide information on changes in the date or time of 
the meeting.

    By direction of the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2015-29777 Filed 11-18-15; 4:15 pm]
BILLING CODE 7710-FW-P