Allocation of Assets in Single-Employer Plans; Interest Assumptions for Valuing Benefits, 93599-93600 [2016-30634]
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Federal Register / Vol. 81, No. 245 / Wednesday, December 21, 2016 / Rules and Regulations
that in accordance with 21 U.S.C.
811(h)(4), the Administrator will take
into consideration any comments
submitted by the Assistant Secretary
with regard to the proposed temporary
scheduling order.
Further, the DEA believes that this
temporary scheduling action is not a
‘‘rule’’ as defined by 5 U.S.C. 601(2),
and, accordingly, is not subject to the
requirements of the Regulatory
Flexibility Act (RFA). The requirements
for the preparation of an initial
regulatory flexibility analysis in 5 U.S.C.
603(a) are not applicable where, as here,
the DEA is not required by section 553
of the APA or any other law to publish
a general notice of proposed
rulemaking.
Additionally, this action is not a
significant regulatory action as defined
by Executive Order 12866 (Regulatory
Planning and Review), section 3(f), and,
accordingly, this action has not been
reviewed by the Office of Management
and Budget.
This action will not have substantial
direct effects on the States, on the
relationship between the national
government and the States, or on the
distribution of power and
responsibilities among the various
levels of government. Therefore, in
accordance with Executive Order 13132
(Federalism) it is determined that this
action does not have sufficient
federalism implications to warrant the
preparation of a Federalism Assessment.
List of Subjects in 21 CFR Part 1308
Administrative practice and
procedure, Drug traffic control,
Reporting and recordkeeping
requirements.
For the reasons set out above, the DEA
amends 21 CFR part 1308 as follows:
PART 1308—SCHEDULES OF
CONTROLLED SUBSTANCES
1. The authority citation for part 1308
continues to read as follows:
■
Authority: 21 U.S.C. 811, 812, 871(b),
unless otherwise noted.
2. In § 1308.11, add paragraphs (h)(23)
through (28) to read as follows:
■
§ 1308.11
*
Schedule I
*
*
(h) * * *
*
*
(23) methyl 2-(1-(5-fluoropentyl)-1H-indazole-3-carboxamido)-3,3-dimethylbutanoate, its optical, positional, and geometric isomers, salts and salts of isomers (Other names: 5F–ADB; 5F–MDMB–PINACA) ...........................................................................
(24) methyl 2-(1-(5-fluoropentyl)-1H-indazole-3-carboxamido)-3-methylbutanoate, its optical, positional, and geometric isomers,
salts and salts of isomers (Other names: 5F–AMB) .......................................................................................................................
(25) N-(adamantan-1-yl)-1-(5-fluoropentyl)-1H-indazole-3-carboxamide, its optical, positional, and geometric isomers, salts and
salts of isomers (Other names: 5F–APINACA, 5F–AKB48) ............................................................................................................
(26) N-(1-amino-3,3-dimethyl-1-oxobutan-2-yl)-1-(4-fluorobenzyl)-1H-indazole-3-carboxamide, its optical, positional, and geometric isomers, salts and salts of isomers (Other names: ADB–FUBINACA) ................................................................................
(27) methyl 2-(1-(cyclohexylmethyl)-1H-indole-3-carboxamido)-3,3-dimethylbutanoate, its optical, positional, and geometric isomers, salts and salts of isomers (Other names: MDMB–CHMICA, MMB–CHMINACA) ................................................................
(28) methyl 2-(1-(4-fluorobenzyl)-1H-indazole-3-carboxamido)-3,3-dimethylbutanoate, its optical, positional, and geometric isomers, salts and salts of isomers (Other names: MDMB–FUBINACA) ............................................................................................
Dated: December 13, 2016.
Chuck Rosenberg,
Acting Administrator.
[FR Doc. 2016–30595 Filed 12–20–16; 8:45 am]
BILLING CODE 4410–09–P
PENSION BENEFIT GUARANTY
CORPORATION
29 CFR Part 4044
Allocation of Assets in SingleEmployer Plans; Interest Assumptions
for Valuing Benefits
Pension Benefit Guaranty
Corporation.
ACTION: Final rule.
AGENCY:
This final rule amends the
Pension Benefit Guaranty Corporation’s
regulation on Allocation of Assets in
Single-Employer Plans to prescribe
interest assumptions under the asset
allocation regulation for valuation dates
in the first quarter of 2017. The interest
assumptions are used for valuing
benefits under terminating singleemployer plans covered by the pension
insurance system administered by
PBGC. As discussed below, PBGC has
published a separate final rule
document dealing with interest
asabaliauskas on DSK3SPTVN1PROD with RULES
SUMMARY:
VerDate Sep<11>2014
17:05 Dec 20, 2016
Jkt 241001
assumptions under its regulation on
Benefits Payable in Terminated SingleEmployer Plans for January 2017.
DATES: Effective January 1, 2017.
FOR FURTHER INFORMATION CONTACT:
Deborah C. Murphy (Murphy.Deborah@
PBGC.gov), Assistant General Counsel
for Regulatory Affairs, Office of the
General Counsel, Pension Benefit
Guaranty Corporation, 1200 K Street
NW., Washington, DC 20005, 202–326–
4400 ext. 3451. (TTY/TDD users may
call the Federal relay service toll free at
1–800–877–8339 and ask to be
connected to 202–326–4400 ext. 3451.)
SUPPLEMENTARY INFORMATION: PBGC’s
regulation on Allocation of Assets in
Single-Employer Plans (29 CFR part
4044) prescribes actuarial
assumptions—including interest
assumptions—for valuing 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).
The interest assumptions in Appendix
B to Part 4044 are used to value benefits
for allocation purposes under ERISA
section 4044. Assumptions under the
asset allocation regulation are updated
quarterly and are intended to reflect
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93599
(7034)
(7033)
(7049)
(7010)
(7042)
(7020)
current conditions in the financial and
annuity markets. This final rule updates
the asset allocation interest assumptions
for the first quarter (January through
March) of 2017.
The first quarter 2017 interest
assumptions under the allocation
regulation will be 1.87 percent for the
first 20 years following the valuation
date and 2.37 percent thereafter. In
comparison with the interest
assumptions in effect for the fourth
quarter of 2016, these interest
assumptions represent no change in the
select period (the period during which
the select rate (the initial rate) applies),
a decrease of 0.11 percent in the select
rate, and a decrease of 0.30 percent in
the ultimate rate (the final rate).
PBGC has determined that notice and
public comment on this amendment are
impracticable and contrary to the public
interest. This finding is based on the
need to determine and issue new
interest assumptions promptly so that
the assumptions can reflect current
market conditions as accurately as
possible.
Because of the need to provide
immediate guidance for the valuation of
benefits under plans with valuation
dates during the first quarter of 2017,
PBGC finds that good cause exists for
E:\FR\FM\21DER1.SGM
21DER1
93600
Federal Register / Vol. 81, No. 245 / Wednesday, December 21, 2016 / Rules and Regulations
making the assumptions set forth in this
amendment effective less than 30 days
after publication.
PBGC has determined that this action
is not a ‘‘significant regulatory action’’
under the criteria set forth in Executive
Order 12866.
Because no general notice of proposed
rulemaking is required for this
amendment, the Regulatory Flexibility
Act of 1980 does not apply. See 5 U.S.C.
601(2).
List of Subjects in 29 CFR Part 4044
Employee benefit plans, Pension
insurance, Pensions.
In consideration of the foregoing, 29
CFR part 4044 is amended as follows:
Authority: 29 U.S.C. 1301(a), 1302(b)(3),
1341, 1344, 1362.
PART 4044—ALLOCATION OF
ASSETS IN SINGLE-EMPLOYER
PLANS
Appendix B to Part 4044—Interest
Rates Used To Value Benefits
*
it
Signed in Washington, DC.
Deborah Chase Murphy,
Assistant General Counsel for Regulatory
Affairs, Pension Benefit Guaranty
Corporation.
for t =
*
0.0187
*
*
January–March 2017 ................................
it
1–20
*
*
0.0237
DEPARTMENT OF THE INTERIOR
National Park Service
Background
36 CFR Part 7
Description of Cape Hatteras National
Seashore
[FR Doc. 2016–30634 Filed 12–20–16; 8:45 am]
BILLING CODE 7709–02–P
[NPS–SER–CAHA–22533; PPSECAHAS0,
PPMPSPD1Z.YM0000]
RIN 1024–AE33
Special Regulations; Areas of the
National Park System, Cape Hatteras
National Seashore—Off-Road Vehicle
Management
National Park Service, Interior.
Final rule.
AGENCY:
The National Park Service
(NPS) amends its special regulation for
off-road vehicle (ORV) use at Cape
Hatteras National Seashore, North
Carolina, to revise the times that certain
beaches open to ORV use in the
morning, to extend the dates that certain
seasonal ORV routes are open in the fall
and spring, and to modify the size and
location of certain vehicle-free areas.
The NPS was required to consider these
changes by section 3057 of the National
Defense Authorization Act for Fiscal
Year 2015. The NPS also amends this
special regulation to allow the
Superintendent to issue ORV permits
for different lengths of time than are
currently allowed, and to remove an
ORV route designation on Ocracoke
Island to allow vehicle access to a
asabaliauskas on DSK3SPTVN1PROD with RULES
VerDate Sep<11>2014
17:05 Dec 20, 2016
Jkt 241001
*
*
for t =
soundside area without the requirement
of an ORV permit.
DATES: This rule is effective on January
20, 2017.
FOR FURTHER INFORMATION CONTACT:
Superintendent, Cape Hatteras National
Seashore, 1401 National Park Drive,
Manteo, North Carolina 27954. Phone
252–475–9032.
SUPPLEMENTARY INFORMATION:
SUMMARY:
*
*
1. The authority citation for part 4044
continues to read as follows:
■
The values of it are:
For valuation dates occurring in the
month—
ACTION:
2. In appendix B to part 4044, a new
entry for January–March 2017, as set
forth below, is added to the table.
■
Situated along the Outer Banks of
North Carolina, Cape Hatteras National
Seashore (Seashore or park) was
authorized by Congress in 1937 and
established in 1953 as the nation’s first
national seashore. Consisting of more
than thirty thousand acres distributed
along approximately 67 miles of
shoreline, the Seashore is part of a
dynamic barrier island system.
The Seashore contains important
wildlife habitat created by dynamic
environmental processes. Several
species listed under the Endangered
Species Act, including the piping
plover, rufa subspecies of the red knot,
and five species of sea turtles, are found
within the park. The Seashore also
serves as a popular recreation
destination where users participate in a
variety of activities.
Authority and Jurisdiction To
Promulgate Regulations
In the NPS Organic Act (54 U.S.C.
100101), Congress granted the NPS
broad authority to regulate the use of
areas under its jurisdiction. The Organic
Act authorizes the Secretary of the
Interior, acting through the NPS, to
‘‘prescribe such regulations as the
Secretary considers necessary or proper
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*
>20
for t =
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for the use and management of [National
Park] System units.’’ 54 U.S.C.
100751(a).
Off-Road Motor Vehicle Regulation
Executive Order 11644, Use of OffRoad Vehicles on the Public Lands, was
issued in 1972 in response to the
widespread and rapidly increasing offroad driving on public lands ‘‘often for
legitimate purposes but also in frequent
conflict with wise land and resource
management practices, environmental
values, and other types of recreational
activity.’’ Executive Order 11644 was
amended by Executive Order 11989 in
1977, and together they are jointly
referred to in this rule as the ‘‘E.O.’’ The
E.O. requires Federal agencies that
allow motorized vehicle use in off-road
areas to designate specific areas and
routes on public lands where the use of
motorized vehicles may be permitted
and to minimize user conflicts and
resource impacts.
The NPS regulation at 36 CFR 4.10(b)
implements the E.O. and requires that
routes and areas designated for ORV use
be promulgated as special regulations
and that the designation of routes and
areas must comply with 36 CFR 1.5 and
E.O. 11644. It also states that ORV
routes and areas may be designated only
in national recreation areas, national
seashores, national lakeshores, and
national preserves. This rule is
consistent with these authorities and
with Section 8.2.3.1 (Motorized Off-road
Vehicle Use) of NPS Management
Policies 2006, available at: https://
www.nps.gov/policy/mp/policies.html.
Recent ORV Management at Cape
Hatteras National Seashore
In 2010, the NPS completed the OffRoad Vehicle Management Plan and
Environmental Impact Statement (ORV
E:\FR\FM\21DER1.SGM
21DER1
]]>Agencies
[Federal Register Volume 81, Number 245 (Wednesday, December 21, 2016)]
[Rules and Regulations]
[Pages 93599-93600]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-30634]
=======================================================================
-----------------------------------------------------------------------
PENSION BENEFIT GUARANTY CORPORATION
29 CFR Part 4044
Allocation of Assets in Single-Employer Plans; Interest
Assumptions for Valuing Benefits
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: This final rule amends the Pension Benefit Guaranty
Corporation's regulation on Allocation of Assets in Single-Employer
Plans to prescribe interest assumptions under the asset allocation
regulation for valuation dates in the first quarter of 2017. The
interest assumptions are used for valuing benefits under terminating
single-employer plans covered by the pension insurance system
administered by PBGC. As discussed below, PBGC has published a separate
final rule document dealing with interest assumptions under its
regulation on Benefits Payable in Terminated Single-Employer Plans for
January 2017.
DATES: Effective January 1, 2017.
FOR FURTHER INFORMATION CONTACT: Deborah C. Murphy
(Murphy.Deborah@PBGC.gov), Assistant General Counsel for Regulatory
Affairs, Office of the General Counsel, Pension Benefit Guaranty
Corporation, 1200 K Street NW., Washington, DC 20005, 202-326-4400 ext.
3451. (TTY/TDD users may call the Federal relay service toll free at 1-
800-877-8339 and ask to be connected to 202-326-4400 ext. 3451.)
SUPPLEMENTARY INFORMATION: PBGC's regulation on Allocation of Assets in
Single-Employer Plans (29 CFR part 4044) prescribes actuarial
assumptions--including interest assumptions--for valuing 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).
The interest assumptions in Appendix B to Part 4044 are used to
value benefits for allocation purposes under ERISA section 4044.
Assumptions under the asset allocation regulation are updated quarterly
and are intended to reflect current conditions in the financial and
annuity markets. This final rule updates the asset allocation interest
assumptions for the first quarter (January through March) of 2017.
The first quarter 2017 interest assumptions under the allocation
regulation will be 1.87 percent for the first 20 years following the
valuation date and 2.37 percent thereafter. In comparison with the
interest assumptions in effect for the fourth quarter of 2016, these
interest assumptions represent no change in the select period (the
period during which the select rate (the initial rate) applies), a
decrease of 0.11 percent in the select rate, and a decrease of 0.30
percent in the ultimate rate (the final rate).
PBGC has determined that notice and public comment on this
amendment are impracticable and contrary to the public interest. This
finding is based on the need to determine and issue new interest
assumptions promptly so that the assumptions can reflect current market
conditions as accurately as possible.
Because of the need to provide immediate guidance for the valuation
of benefits under plans with valuation dates during the first quarter
of 2017, PBGC finds that good cause exists for
[[Page 93600]]
making the assumptions set forth in this amendment effective less than
30 days after publication.
PBGC has determined that this action is not a ``significant
regulatory action'' under the criteria set forth in Executive Order
12866.
Because no general notice of proposed rulemaking is required for
this amendment, the Regulatory Flexibility Act of 1980 does not apply.
See 5 U.S.C. 601(2).
List of Subjects in 29 CFR Part 4044
Employee benefit plans, Pension insurance, Pensions.
In consideration of the foregoing, 29 CFR part 4044 is amended as
follows:
PART 4044--ALLOCATION OF ASSETS IN SINGLE-EMPLOYER PLANS
0
1. The authority citation for part 4044 continues to read as follows:
Authority: 29 U.S.C. 1301(a), 1302(b)(3), 1341, 1344, 1362.
0
2. In appendix B to part 4044, a new entry for January-March 2017, as
set forth below, is added to the table.
Appendix B to Part 4044--Interest Rates Used To Value Benefits
* * * * *
--------------------------------------------------------------------------------------------------------------------------------------------------------
The values of it are:
For valuation dates occurring in the month-- -----------------------------------------------------------------------------------------------------
it for t = it for t = it for t =
--------------------------------------------------------------------------------------------------------------------------------------------------------
* * * * * * *
January-March 2017................................ 0.0187 1-20 0.0237 >20 N/A N/A
--------------------------------------------------------------------------------------------------------------------------------------------------------
Signed in Washington, DC.
Deborah Chase Murphy,
Assistant General Counsel for Regulatory Affairs, Pension Benefit
Guaranty Corporation.
[FR Doc. 2016-30634 Filed 12-20-16; 8:45 am]
BILLING CODE 7709-02-P
