New Postal Products, 51760-51761 [2020-18387]

Download as PDF jbell on DSKJLSW7X2PROD with NOTICES 51760 Federal Register / Vol. 85, No. 163 / Friday, August 21, 2020 / Notices plans covered by title IV pay a flat-rate per-participant premium. An underfunded single-employer plan also pays a variable-rate premium based on the value of the plan’s unfunded vested benefits. Pursuant to section 4007, PBGC has issued its regulation on Payment of Premiums (29 CFR part 4007). Under § 4007.3 of the premium payment regulation, the plan administrator of each pension plan covered by title IV of ERISA is required to file a premium payment and information prescribed by PBGC for each premium payment year. Premium information is filed electronically using ‘‘My Plan Administration Account’’ (‘‘My PAA’’) through PBGC’s website. Under § 4007.10 of the premium payment regulation, plan administrators are required to retain records about premiums and information submitted in premium filings. Premium filings report (i) the flat-rate premium and related data (all plans), (ii) the variable-rate premium and related data (single-employer plans), and (iii) additional data such as identifying information and miscellaneous planrelated or filing-related data (all plans). PBGC needs this information to identify the plans for which premiums are paid, to verify whether the amounts paid are correct, to help PBGC determine the magnitude of its exposure in the event of plan termination, to help track the creation of new plans and transfer of participants and plan assets and liabilities among plans, and to keep PBGC’s insured-plan inventory up to date. That information and the retained records are also needed for audit purposes. PBGC intends to modify the 2021 premium filing to require certain plans that transferred assets to another plan (or received assets from another plan) at the beginning of the plan year to report information about the transfer. Such plans will be required to report whether the transfer was de minimis and, in the case of a de minimis merger, whether the transferee plan had fewer assets than the transferor plan. This information is necessary to verify that the date reported as the ‘‘participant count date’’ (i.e., the date as of which participants are counted for premium purposes) is correct. PBGC also intends to update the premium rates and make conforming, clarifying, and editorial changes. One such change, to conform with the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019, is adding the option of ‘‘CSEC plan’’ (meaning cooperative and small- VerDate Sep<11>2014 19:04 Aug 20, 2020 Jkt 250001 employer charity plan) as a response to the question of ‘‘Plan type.’’ The collection of information under the regulation has been approved through December 31, 2022, by OMB under control number 1212–0009. PBGC intends to request that OMB approve the revised collection of information for three years. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number. PBGC estimates that it will receive 31,245 premium filings per year from 31,245 plan administrators under this collection of information. PBGC further estimates that the annual burden of this collection of information is 13,540 hours and $21,621,540. PBGC is soliciting public comments to— • Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; • Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodologies and assumptions used; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g. permitting electronic submission of responses. Issued in Washington, DC. Stephanie Cibinic, Deputy Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2020–18382 Filed 8–20–20; 8:45 am] BILLING CODE 7709–02–P POSTAL REGULATORY COMMISSION [Docket Nos. MC2020–222 and CP2020–252; Docket Nos. MC2020–223 and CP2020–253] New Postal Products Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is noticing a recent Postal Service filing for the Commission’s consideration concerning a negotiated service agreement. This notice informs the public of the filing, SUMMARY: PO 00000 Frm 00087 Fmt 4703 Sfmt 4703 invites public comment, and takes other administrative steps. DATES: Comments are due: August 25, 2020. 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. ADDRESSES: FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction II. Docketed Proceeding(s) I. Introduction The Commission gives notice that the Postal Service filed request(s) for the Commission to consider matters related to negotiated service agreement(s). The request(s) may propose the addition or removal of a negotiated service agreement from the market dominant or the competitive product list, or the modification of an existing product currently appearing on the market dominant or the competitive product list. Section II identifies the docket number(s) associated with each Postal Service request, the title of each Postal Service request, the request’s acceptance date, and the authority cited by the Postal Service for each request. For each request, the Commission appoints an officer of the Commission to represent the interests of the general public in the proceeding, pursuant to 39 U.S.C. 505 (Public Representative). Section II also establishes comment deadline(s) pertaining to each request. The public portions of the Postal Service’s request(s) can be accessed via the Commission’s website (https:// www.prc.gov). Non-public portions of the Postal Service’s request(s), if any, can be accessed through compliance with the requirements of 39 CFR 3011.301.1 The Commission invites comments on whether the Postal Service’s request(s) in the captioned docket(s) are consistent with the policies of title 39. For request(s) that the Postal Service states concern market dominant product(s), applicable statutory and regulatory 1 See Docket No. RM2018–3, Order Adopting Final Rules Relating to Non-Public Information, June 27, 2018, Attachment A at 19–22 (Order No. 4679). E:\FR\FM\21AUN1.SGM 21AUN1 Federal Register / Vol. 85, No. 163 / Friday, August 21, 2020 / Notices requirements include 39 U.S.C. 3622, 39 U.S.C. 3642, 39 CFR part 3030, and 39 CFR part 3040, subpart B. For request(s) that the Postal Service states concern competitive product(s), applicable statutory and regulatory requirements include 39 U.S.C. 3632, 39 U.S.C. 3633, 39 U.S.C. 3642, 39 CFR part 3035, and 39 CFR part 3040, subpart B. Comment deadline(s) for each request appear in section II. II. Docketed Proceeding(s) 1. Docket No(s).: MC2020–222 and CP2020–252; Filing Title: USPS Request to Add Priority Mail Express, Priority Mail, First-Class Package Service & Parcel Select Contract 7 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: August 17, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 through 3040.135, and 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: August 25, 2020. 2. Docket No(s).: MC2020–223 and CP2020–253; Filing Title: USPS Request to Add Priority Mail & First-Class Package Service Contract 159 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: August 17, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 through 3040.135, and 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: August 25, 2020. This Notice will be published in the Federal Register. Erica A. Barker, Secretary. [FR Doc. 2020–18387 Filed 8–20–20; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket No. CP2020–250; Order No. 5639] Inbound EMS 2 Postal Regulatory Commission. ACTION: Notice. AGENCY: The Commission is acknowledging a recent Postal Service filing of its intention to change prices not of general applicability to be effective January 1, 2021. This document informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: August 24, 2020. ADDRESSES: Submit comments electronically via the Commission’s Filing Online system at https:// www.prc.gov. Those who cannot submit comments electronically should contact jbell on DSKJLSW7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 19:04 Aug 20, 2020 Jkt 250001 the person identified in the FOR FURTHER section by telephone for advice on filing alternatives. FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: INFORMATION CONTACT Table of Contents I. Introduction II. Contents of Filing III. Commission Action IV. Ordering Paragraphs I. Introduction On August 14, 2020, the Postal Service filed notice pursuant to 39 CFR 3035.105, announcing its intention to change rates not of general applicability for Inbound EMS 2 effective January 1, 2021.1 II. Contents of Filing To support its proposed Inbound EMS 2 prices, the Postal Service filed a redacted version of the proposed prices, a copy of the certification required under 39 CFR 3035.105(c)(2), a redacted copy of Governors’ Decision No. 19–1, a redacted copy of the most recent annual EMS Pay-for-Performance (PfP) Plan (for 2020), a redacted copy of the most recent available EMS Cooperative Report Cards for Calendar Year (CY) 2019, and redacted copies of relevant portions of the four quarterly EMS PfP reports for CY 2019 used to calculate any PfP penalties. Notice at 2–3; see id. Attachments 2–7. Additionally, the Postal Service filed unredacted copies of Governors’ Decision No. 19–1, its proposed prices, service performance data and plan, and related financial information under seal. Notice at 2. The Postal Service also filed an application for non-public treatment of materials under seal. Id. Attachment 1. III. Commission Action The Commission establishes Docket No. CP2020–250 for consideration of matters raised by the Notice and appoints Katalin K. Clendenin to serve as Public Representative in this docket. The Commission invites comments on whether the Postal Service’s filing is consistent with 39 U.S.C. 3632, 3633, and 39 CFR part 3035. Comments are due no later than August 24, 2020. The public portions of the filing can be accessed via the Commission’s website (https://www.prc.gov). Non-public 1 Notice of the United States Postal Service of Filing Changes in Rates Not of General Applicability for Inbound EMS 2, and Application for Non-Public Treatment, August 14, 2020, at 1 (Notice). PO 00000 Frm 00088 Fmt 4703 Sfmt 4703 51761 portions of the Postal Service’s request(s) can be accessed through compliance with the requirements of 39 CFR part 3011. IV. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. CP2020–250 for consideration of the matters raised by the Postal Service’s Notice. 2. Pursuant to 39 U.S.C. 505, Katalin K. Clendenin is appointed to serve as an officer of the Commission to represent the interests of the general public in this proceeding (Public Representative). 3. Comments are due no later than August 24, 2020. 4. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Erica A. Barker, Secretary. [FR Doc. 2020–18327 Filed 8–20–20; 8:45 am] BILLING CODE 7710–FW–P POSTAL SERVICE Change in Rates and Classes of General Applicability for Competitive Products Postal ServiceTM. Notice of a change in rates of general applicability for competitive products. AGENCY: ACTION: This notice sets forth timelimited changes in rates of general applicability for competitive products. DATES: October 18, 2020. FOR FURTHER INFORMATION CONTACT: Elizabeth Reed, 202–268–3179. SUPPLEMENTARY INFORMATION: On August 6, 2020, pursuant to their authority under 39 U.S.C. 3632, the Governors of the Postal Service established timelimited price changes for competitive products. The Governors’ Decision and the record of proceedings in connection with such decision are reprinted below in accordance with section 3632(b)(2). SUMMARY: Joshua J. Hofer, Attorney, Federal Compliance. Decision of the Governors of the United States Postal Service on Changes in Rates of General Applicability for Competitive Products (Governors’ Decision No. 20–3) August 6, 2020 Statement of Explanation and Justification Pursuant to authority under section 3632 of title 39, as amended by the E:\FR\FM\21AUN1.SGM 21AUN1

Agencies

POSTAL REGULATORY COMMISSION

[Federal Register Volume 85, Number 163 (Friday, August 21, 2020)]
[Notices]
[Pages 51760-51761]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-18387]


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POSTAL REGULATORY COMMISSION

[Docket Nos. MC2020-222 and CP2020-252; Docket Nos. MC2020-223 and 
CP2020-253]


New Postal Products

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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SUMMARY: The Commission is noticing a recent Postal Service filing for 
the Commission's consideration concerning a negotiated service 
agreement. This notice informs the public of the filing, invites public 
comment, and takes other administrative steps.

DATES: Comments are due: August 25, 2020.

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. Docketed Proceeding(s)

I. Introduction

    The Commission gives notice that the Postal Service filed 
request(s) for the Commission to consider matters related to negotiated 
service agreement(s). The request(s) may propose the addition or 
removal of a negotiated service agreement from the market dominant or 
the competitive product list, or the modification of an existing 
product currently appearing on the market dominant or the competitive 
product list.
    Section II identifies the docket number(s) associated with each 
Postal Service request, the title of each Postal Service request, the 
request's acceptance date, and the authority cited by the Postal 
Service for each request. For each request, the Commission appoints an 
officer of the Commission to represent the interests of the general 
public in the proceeding, pursuant to 39 U.S.C. 505 (Public 
Representative). Section II also establishes comment deadline(s) 
pertaining to each request.
    The public portions of the Postal Service's request(s) can be 
accessed via the Commission's website (https://www.prc.gov). Non-public 
portions of the Postal Service's request(s), if any, can be accessed 
through compliance with the requirements of 39 CFR 3011.301.\1\
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    \1\ See Docket No. RM2018-3, Order Adopting Final Rules Relating 
to Non-Public Information, June 27, 2018, Attachment A at 19-22 
(Order No. 4679).
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    The Commission invites comments on whether the Postal Service's 
request(s) in the captioned docket(s) are consistent with the policies 
of title 39. For request(s) that the Postal Service states concern 
market dominant product(s), applicable statutory and regulatory

[[Page 51761]]

requirements include 39 U.S.C. 3622, 39 U.S.C. 3642, 39 CFR part 3030, 
and 39 CFR part 3040, subpart B. For request(s) that the Postal Service 
states concern competitive product(s), applicable statutory and 
regulatory requirements include 39 U.S.C. 3632, 39 U.S.C. 3633, 39 
U.S.C. 3642, 39 CFR part 3035, and 39 CFR part 3040, subpart B. Comment 
deadline(s) for each request appear in section II.

II. Docketed Proceeding(s)

    1. Docket No(s).: MC2020-222 and CP2020-252; Filing Title: USPS 
Request to Add Priority Mail Express, Priority Mail, First-Class 
Package Service & Parcel Select Contract 7 to Competitive Product List 
and Notice of Filing Materials Under Seal; Filing Acceptance Date: 
August 17, 2020; Filing Authority: 39 U.S.C. 3642, 39 CFR 3040.130 
through 3040.135, and 39 CFR 3035.105; Public Representative: 
Christopher C. Mohr; Comments Due: August 25, 2020.
    2. Docket No(s).: MC2020-223 and CP2020-253; Filing Title: USPS 
Request to Add Priority Mail & First-Class Package Service Contract 159 
to Competitive Product List and Notice of Filing Materials Under Seal; 
Filing Acceptance Date: August 17, 2020; Filing Authority: 39 U.S.C. 
3642, 39 CFR 3040.130 through 3040.135, and 39 CFR 3035.105; Public 
Representative: Christopher C. Mohr; Comments Due: August 25, 2020.
    This Notice will be published in the Federal Register.

Erica A. Barker,
Secretary.
[FR Doc. 2020-18387 Filed 8-20-20; 8:45 am]
BILLING CODE 7710-FW-P

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