Notice of Delay of Discharge Requirements for U.S. Coast Guard Activities in Greater Farallones and Cordell Bank National Marine Sanctuaries; Correction, 77569 [2015-31494]
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77569
Rules and Regulations
Federal Register
Vol. 80, No. 240
Tuesday, December 15, 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.
Correction
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.
Authority: 16 U.S.C. 1431 et seq.; 16 U.S.C.
470.
Dated: December 3, 2015.
John Armor,
Acting Director for the Office of National
Marine Sanctuaries.
DEPARTMENT OF COMMERCE
[FR Doc. 2015–31494 Filed 12–14–15; 8:45 am]
National Oceanic and Atmospheric
Administration
BILLING CODE 3510–NK–P
15 CFR Part 922
PENSION BENEFIT GUARANTY
CORPORATION
[Docket No. 130405335–5999–03]
29 CFR Part 4022
RIN 0648–BD18
Benefits Payable in Terminated SingleEmployer Plans; Interest Assumptions
for Paying Benefits
Notice of Delay of Discharge
Requirements for U.S. Coast Guard
Activities in Greater Farallones and
Cordell Bank National Marine
Sanctuaries; Correction
Office of National Marine
Sanctuaries (ONMS), National Ocean
Service (NOS), National Oceanic and
Atmospheric Administration (NOAA),
Department of Commerce (DOC).
ACTION: Final rule; delay of effectiveness
for discharge requirements with regard
to Coast Guard activities; correction.
The National Oceanic and
Atmospheric Administration (NOAA)
published a document in the Federal
Register of December 1, 2015
concerning the postponement of the
discharge requirements for U.S. Coast
Guard activities for another 6 months to
provide adequate time for completion of
an environmental assessment, and
subsequent rulemaking, as appropriate.
That document was missing the
associated Rule Identification Number
(RIN).
SUMMARY:
Effective on December 15, 2015.
asabaliauskas on DSK5VPTVN1PROD with RULES
FOR FURTHER INFORMATION CONTACT:
Maria Brown, Greater Farallones
National Marine Sanctuary
Superintendent, at Maria.Brown@
noaa.gov or 415–561–6622; or Dan
Howard, Cordell Bank National Marine
Sanctuary Superintendent, at
Dan.Howard@noaa.gov or 415–464–
5260.
SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
16:23 Dec 14, 2015
Jkt 238001
Pension Benefit Guaranty
Corporation.
ACTION: Final rule.
AGENCY:
AGENCY:
DATES:
In the Federal Register of December 1,
2015 (80 FR 74985), on page 74985, in
the second column, the agency title
should have been followed by the RIN
0648–BD18.
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
January 2016. The interest assumptions
are used for paying benefits under
terminating single-employer plans
covered by the pension insurance
system administered by PBGC. As
discussed below, PBGC will publish a
separate final rule document dealing
with interest assumptions under its
regulation on Allocation of Assets in
Single-Employer Plans for the first
quarter of 2016.
DATES: Effective January 1, 2016.
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 toll-free 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
SUMMARY:
PO 00000
Frm 00001
Fmt 4700
Sfmt 4700
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 January 2016.1
PBGC normally updates the
assumptions under the benefit payments
regulation for January at the same time
as PBGC updates assumptions for the
first quarter of the year under its
regulation on Allocation of Assets in
Single-Employer Plans (29 CFR part
4044) in a single rulemaking document.
Because of delays in obtaining data used
in setting assumptions under Part 4044
for the first quarter of 2016, PBGC is
publishing two separate rulemaking
documents to update the benefit
payments regulation for January 2016
and the allocation regulation for the first
quarter of 2016.
The January 2016 interest
assumptions under the benefit payments
regulation will be 1.25 percent for the
period during which a benefit is in pay
status and 4.00 percent during any years
preceding the benefit’s placement in pay
status. In comparison with the interest
assumptions in effect for December
2015, these interest assumptions are
unchanged.
PBGC has determined that notice and
public comment on this amendment are
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
plans for purposes of allocation of assets under
ERISA section 4044. Those assumptions are
updated quarterly.
E:\FR\FM\15DER1.SGM
15DER1
Agencies
[Federal Register Volume 80, Number 240 (Tuesday, December 15, 2015)]
[Rules and Regulations]
[Page 77569]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-31494]
========================================================================
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. 240 / Tuesday, December 15, 2015 /
Rules and Regulations
[[Page 77569]]
DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric Administration
15 CFR Part 922
[Docket No. 130405335-5999-03]
RIN 0648-BD18
Notice of Delay of Discharge Requirements for U.S. Coast Guard
Activities in Greater Farallones and Cordell Bank National Marine
Sanctuaries; Correction
AGENCY: Office of National Marine Sanctuaries (ONMS), National Ocean
Service (NOS), National Oceanic and Atmospheric Administration (NOAA),
Department of Commerce (DOC).
ACTION: Final rule; delay of effectiveness for discharge requirements
with regard to Coast Guard activities; correction.
-----------------------------------------------------------------------
SUMMARY: The National Oceanic and Atmospheric Administration (NOAA)
published a document in the Federal Register of December 1, 2015
concerning the postponement of the discharge requirements for U.S.
Coast Guard activities for another 6 months to provide adequate time
for completion of an environmental assessment, and subsequent
rulemaking, as appropriate. That document was missing the associated
Rule Identification Number (RIN).
DATES: Effective on December 15, 2015.
FOR FURTHER INFORMATION CONTACT: Maria Brown, Greater Farallones
National Marine Sanctuary Superintendent, at Maria.Brown@noaa.gov or
415-561-6622; or Dan Howard, Cordell Bank National Marine Sanctuary
Superintendent, at Dan.Howard@noaa.gov or 415-464-5260.
SUPPLEMENTARY INFORMATION:
Correction
In the Federal Register of December 1, 2015 (80 FR 74985), on page
74985, in the second column, the agency title should have been followed
by the RIN 0648-BD18.
Authority: 16 U.S.C. 1431 et seq.; 16 U.S.C. 470.
Dated: December 3, 2015.
John Armor,
Acting Director for the Office of National Marine Sanctuaries.
[FR Doc. 2015-31494 Filed 12-14-15; 8:45 am]
BILLING CODE 3510-NK-P