Federal Employees' Group Life Insurance Program; Premium, 50382-50384 [2021-19475]
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50382
Federal Register / Vol. 86, No. 171 / Wednesday, September 8, 2021 / Notices
2.3.07.07b.ii (403), and 3.3.00.02a.ii.f
(769).
The ITAAC for VEGP Unit 3 are in
Appendix C of the VEGP Unit 3
combined license (ADAMS Accession
No. ML14100A106). The ITAAC for
VEGP Unit 4 are in Appendix C of VEGP
Unit 4 combined license (ADAMS
Accession No. ML14100A135).
jbell on DSKJLSW7X2PROD with NOTICES
II. Licensee ITAAC Post-Closure
Notifications (IPCNs)
Since the last Federal Register notice
of the NRC staff’s determinations of
successful completion of inspections,
tests, and analyses for VEGP Units 3 and
4 (86 FR 23756; May 4, 2021), the NRC
staff has not made additional
determinations of the successful
completion of inspections, tests, and
analyses based on licensee IPCNs
submitted under 10 CFR 52.99(c)(2).
III. NRC Staff Determination of
Completion of ITAAC
The NRC staff has determined that the
specified inspections, tests, and
analyses have been successfully
completed, and that the specified
acceptance criteria are met. The
documentation of the NRC staff’s
determination is in the ITAAC Closure
Verification Evaluation Form (VEF) for
each ITAAC. The VEF is a form that
represents the NRC staff’s structured
process for reviewing ICNs and IPCNs.
Each ICN presents a narrative
description of how the ITAAC was
completed. The NRC’s ICN review
process involves a determination on
whether, among other things: (1) Each
ICN provides sufficient information,
including a summary of the
methodology used to perform the
ITAAC, to demonstrate that the
inspections, tests, and analyses have
been successfully completed; (2) each
ICN provides sufficient information to
demonstrate that the acceptance criteria
of the ITAAC are met; and (3) any NRC
inspections for the ITAAC have been
completed and any ITAAC findings
associated with that ITAAC have been
closed. The NRC’s review process for
IPCNs is similar to that for ICNs but
focuses on how the licensee addressed
the new, material information giving
rise to the IPCN.
The NRC staff’s determination of the
successful completion of these ITAAC is
based on information available at this
time and is subject to the licensee’s
ability to maintain the condition that
the acceptance criteria are met. If the
NRC staff receives new information that
suggests the NRC staff’s determination
on any of these ITAAC is incorrect, then
the NRC staff will determine whether to
reopen that ITAAC (including
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17:21 Sep 07, 2021
Jkt 253001
withdrawing the NRC staff’s
determination on that ITAAC). The NRC
staff’s determination will be used to
support a subsequent finding, pursuant
to 10 CFR 52.103(g), at the end of
construction that all acceptance criteria
in the combined license are met. The
ITAAC closure process is not finalized
for these ITAAC until the NRC makes an
affirmative finding under 10 CFR
52.103(g). Any future updates to the
status of these ITAAC can be found by
selecting the link ‘‘ITAAC Status
Report’’ on the NRC’s websites: https://
www.nrc.gov/reactors/new-reactors/colholder/vog3.html and https://
www.nrc.gov/reactors/new-reactors/colholder/vog4.html.
This notice fulfills the NRC staff’s
obligations under 10 CFR 52.99(e)(1) to
publish a notice in the Federal Register
of the NRC staff’s determination of the
successful completion of inspections,
tests, and analyses.
Note: As of August 12, 2021, NRC staff
rescinds its previous determination of the
successful completion of ITAAC 2.5.05.03b
(570) for both VEGP Units 3 and 4 due to the
subsequent determination by NRC staff that
this ITAAC is not met for both units. The
NRC’s prior determination of the successful
completion of ITAAC 2.5.05.03b (570) was
originally published in the Federal Register
(85 FR 67017) on October 21, 2020. The
licensee will resubmit the ICNs related to
ITAAC 2.5.05.03b (570) for both Units.
Vogtle Electric Generating Plant Unit 3,
Docket No. 5200025
A complete list of the review status
for VEGP Unit 3 ITAAC, including the
submission date and ADAMS accession
number for each ICN received, the
ADAMS accession number for each
VEF, and the ADAMS accession
numbers for the inspection reports
associated with these specific ITAAC
can be found by selecting the link
‘‘ITAAC Status Report’’ at the NRC’s
website https://www.nrc.gov/reactors/
new-reactors/col-holder/vog3.html.
Vogtle Electric Generating Plant Unit 4,
Docket No. 5200026
A complete list of the review status
for VEGP Unit 4 ITAAC, including the
submission date and ADAMS accession
number for each ICN and IPCN received,
the ADAMS accession number for each
VEF, and the ADAMS accession
numbers for the inspection reports
associated with these specific ITAAC,
can be found by selecting the link
‘‘ITAAC Status Report’’ at the NRC’s
website https://www.nrc.gov/reactors/
new-reactors/col-holder/vog4.html.
Dated: September 1, 2021.
PO 00000
Frm 00060
Fmt 4703
Sfmt 4703
For the Nuclear Regulatory Commission.
Philip J. McKenna,
Acting Chief, Vogtle Project Office, Office of
Nuclear Reactor Regulation.
[FR Doc. 2021–19306 Filed 9–7–21; 8:45 am]
BILLING CODE 7590–01–P
OFFICE OF PERSONNEL
MANAGEMENT
Federal Employees’ Group Life
Insurance Program; Premium
Office of Personnel
Management.
ACTION: Notice.
AGENCY:
The Office of Personnel
Management (OPM) is announcing
changes in premium rates for certain
Federal Employees’ Group Life
Insurance (FEGLI) categories. These
include changes to premium rates for
Employee Basic Insurance, 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 October 1,
2021.
DATES: These rates will be effective the
first pay period beginning on or after
October 1, 2021.
FOR FURTHER INFORMATION CONTACT:
Marthine Mason-Martin, FEGLI@
opm.gov, (202) 606–1413.
SUPPLEMENTARY INFORMATION: This
notice announces changes to FEGLI
Employee Basic, Option A (most age
bands), Option B (most age bands),
Option C (most age bands), and PostRetirement Basic Insurance.
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 Employee
Basic, Option A, Option B, Option C
and Post-Retirement Basic Insurance
premiums. These changes reflect
SUMMARY:
E:\FR\FM\08SEN1.SGM
08SEN1
Federal Register / Vol. 86, No. 171 / Wednesday, September 8, 2021 / Notices
updated mortality and claims rates from
actual program experience within each
FEGLI category. 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 selfsupporting.
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
50383
be maintained on the FEGLI website
https://www.opm.gov/healthcareinsurance/life-insurance/.
The new FEGLI premium rates for
Basic, Option A, Option B, Option C
and the Post-Retirement Basic Option
are as follows:
EMPLOYEE BASIC INSURANCE (PER $1,000 OF INSURANCE)
[The premiums for compensationers who are paid every four weeks are two times the biweekly premium.]
Bi-weekly
Monthly
Employee .................................................................................................................................................................
Government .............................................................................................................................................................
$0.1600
0.0800
$0.3467
0.1733
Total ..................................................................................................................................................................
0.2400
0.5200
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
0.20
0.30
0.60
1.00
1.80
6.00
Monthly
$0.43
0.43
0.65
1.30
2.17
3.90
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
0.02
0.03
0.06
0.10
0.18
0.40
0.48
0.86
1.80
2.88
Monthly
$0.043
0.043
0.065
0.130
0.217
0.390
0.867
1.040
1.863
3.900
6.240
OPTION C (PER MULTIPLE OF INSURANCE)
[The premiums for compensationers who are paid every four weeks are two times the biweekly premium.]
jbell on DSKJLSW7X2PROD with NOTICES
Age band
Bi-weekly
<35 ...........................................................................................................................................................................
35–39 .......................................................................................................................................................................
40–44 .......................................................................................................................................................................
45–49 .......................................................................................................................................................................
50–54 .......................................................................................................................................................................
55–59 .......................................................................................................................................................................
60–64 .......................................................................................................................................................................
65–69 .......................................................................................................................................................................
70–74 .......................................................................................................................................................................
75–79 .......................................................................................................................................................................
80+ ...........................................................................................................................................................................
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17:21 Sep 07, 2021
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Fmt 4703
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E:\FR\FM\08SEN1.SGM
08SEN1
$0.20
0.24
0.37
0.53
0.83
1.33
2.43
2.83
3.83
5.76
7.80
Monthly
$0.43
0.52
0.80
1.15
1.80
2.88
5.27
6.13
8.30
12.48
16.90
50384
Federal Register / Vol. 86, No. 171 / Wednesday, September 8, 2021 / Notices
POST-RETIREMENT BASIC INSURANCE FOR ANNUITANTS
[Monthly rate per $1,000 of insurance]
Before age 65
75% Reduction ........................................................................................................................................................
50% Reduction ........................................................................................................................................................
No Reduction ...........................................................................................................................................................
$0.3467
1.0967
2.5967
After age 65
No cost
$0.75
2.25
POST-RETIREMENT BASIC INSURANCE FOR COMPENSATIONERS
[Withholding every four weeks per $1,000 of insurance.]
Before age 65
75% Reduction ........................................................................................................................................................
50% Reduction ........................................................................................................................................................
No Reduction ...........................................................................................................................................................
These rates will be effective the first
pay period beginning on or after October
1, 2021. U.S. Office of Personnel
Management.
Stephen Hickman,
Deputy Executive Secretary.
[FR Doc. 2021–19475 Filed 9–7–21; 8:45 am]
BILLING CODE 6325–38–P
POSTAL REGULATORY COMMISSION
[Docket No. PI2021–3; Order No. 5975]
Public Inquiry on Service Performance
Measurement Systems
Postal Regulatory Commission.
Notice.
AGENCY:
ACTION:
The Commission is
recognizing a recently filed Postal
Service request proposing modifications
to its market dominant service
performance measurement systems.
This document informs the public of
this proceeding and the technical
conference, invites public comment,
and takes other administrative steps.
DATES: Comments are due: September
17, 2021.
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.
SUMMARY:
jbell on DSKJLSW7X2PROD with NOTICES
FOR FURTHER INFORMATION CONTACT:
David A. Trissell, General Counsel, at
202–789–6820.
SUPPLEMENTARY INFORMATION: On August
31, 2021, the Postal Service filed a
notice, pursuant to 39 CFR 3055.5,
proposing modifications to its market
dominant service performance
VerDate Sep<11>2014
17:21 Sep 07, 2021
Jkt 253001
measurement systems.1 The systems
that are the subject of this proceeding
were approved for implementation on
July 5, 2018, in Docket No. PI2015–1.2
The most recent version of the Postal
Service’s Service Performance
Measurement (SPM) Plan was filed in
May 2019.3 Accompanying the Notice is
a library reference, which contains a
copy of the United States Postal Service,
Service Performance Measurement plan,
revised August 31, 2021 (both redline
and clean versions).4
The Postal Service’s proposed
modifications add reporting for 3-day, 4day, and 5-day service standards for
First-Class Mail, in place of the current
3–5-day service standard. Notice at 1.
The Postal Service asserts that the
purpose of this change is to align service
performance reporting with upcoming
service standard changes which are to
take effect on October 1, 2021. Id. The
Postal Service also proposes replacing
certain references to external SPM with
internal SPM, consistent with Order No.
5576.5
Interested persons are invited to
comment on the Postal Service’s
proposed modifications concerning the
service performance measurement
systems. However, commenters are
reminded that the scope of this docket
is limited to the Postal Service’s
proposed revisions to the SPM Plan, not
the propriety of the underlying service
$0.32
1.01
2.39
After age 65
No cost
$0.69
2.07
standard changes, which the
Commission addressed in Docket No.
N2021–1.6 Comments are due
September 17, 2021. The Commission
does not anticipate the need for reply
comments at this time. The Commission
intends to evaluate the comments
received and use those suggestions to
help carry out its service performance
measurement responsibilities under the
Postal Accountability and Enhancement
Act. Material filed in this docket will be
available for review on the
Commission’s website, https://
www.prc.gov.
It is ordered:
1. Docket No. PI2021–3 is established
for the purpose of considering the Postal
Service’s proposed modifications to its
market dominant service performance
measurement systems.
2. Interested persons may submit
written comments on any or all aspects
of the Postal Service’s proposals no later
than September 17, 2021.
3. Christopher Mohr is designated to
represent the interests of the general
public in this docket.
4. The Secretary shall arrange for
publication of this Notice in the Federal
Register.
By the Commission.
Erica A. Barker,
Secretary.
[FR Doc. 2021–19450 Filed 9–7–21; 8:45 am]
BILLING CODE 7710–FW–P
1 United
States Postal Service Notice of Filing
Changes to Service Performance Measurement Plan
Document, August 31, 2021 (Notice).
2 Docket No. PI2015–1, Order Approving Use of
Internal Measurement Systems, July 5, 2018 (Order
No. 4697); Docket No. PI2015–1, Errata to Order No.
4697, August 21, 2018 (Order No. 4771).
3 See Docket No. PI2019–1, Library Reference
USPS–LR–PI2019–1/1, May 21, 2019.
4 Library Reference USPS–LR–PI2021–3/1,
August 31, 2021.
5 See Docket No. PI2019–1, Order Granting
Request and Approving Use of Internal Service
Performance Measurement System, July 1, 2020
(Order No. 5576).
PO 00000
Frm 00062
Fmt 4703
Sfmt 4703
POSTAL SERVICE
Sunshine Act Meetings
September 9 and 10,
2021, at 9:00 a.m.
PLACE: Potomac, MD.
TIME AND DATE:
6 See Docket No. N2021–1, Advisory Opinion on
Service Changes Associated with First-Class Mail
and Periodicals, July 20, 2021.
E:\FR\FM\08SEN1.SGM
08SEN1
]]>Agencies
[Federal Register Volume 86, Number 171 (Wednesday, September 8, 2021)]
[Notices]
[Pages 50382-50384]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-19475]
=======================================================================
-----------------------------------------------------------------------
OFFICE OF PERSONNEL MANAGEMENT
Federal Employees' Group Life Insurance Program; Premium
AGENCY: Office of Personnel Management.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Office of Personnel Management (OPM) is announcing changes
in premium rates for certain Federal Employees' Group Life Insurance
(FEGLI) categories. These include changes to premium rates for Employee
Basic Insurance, 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
October 1, 2021.
DATES: These rates will be effective the first pay period beginning on
or after October 1, 2021.
FOR FURTHER INFORMATION CONTACT: Marthine Mason-Martin, [email protected],
(202) 606-1413.
SUPPLEMENTARY INFORMATION: This notice announces changes to FEGLI
Employee Basic, Option A (most age bands), Option B (most age bands),
Option C (most age bands), and Post-Retirement Basic Insurance.
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
Employee Basic, Option A, Option B, Option C and Post-Retirement Basic
Insurance premiums. These changes reflect
[[Page 50383]]
updated mortality and claims rates from actual program experience
within each FEGLI category. 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 website https://www.opm.gov/healthcare-insurance/life-insurance/.
The new FEGLI premium rates for Basic, Option A, Option B, Option C
and the Post-Retirement Basic Option are as follows:
Employee Basic Insurance (per $1,000 of Insurance)
[The premiums for compensationers who are paid every four weeks are two
times the biweekly premium.]
------------------------------------------------------------------------
Bi-weekly Monthly
------------------------------------------------------------------------
Employee................................ $0.1600 $0.3467
Government.............................. 0.0800 0.1733
-------------------------------
Total............................... 0.2400 0.5200
------------------------------------------------------------------------
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................................... 0.20 0.43
40-44................................... 0.30 0.65
45-49................................... 0.60 1.30
50-54................................... 1.00 2.17
55-59................................... 1.80 3.90
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................................... 0.02 0.043
40-44................................... 0.03 0.065
45-49................................... 0.06 0.130
50-54................................... 0.10 0.217
55-59................................... 0.18 0.390
60-64................................... 0.40 0.867
65-69................................... 0.48 1.040
70-74................................... 0.86 1.863
75-79................................... 1.80 3.900
80+..................................... 2.88 6.240
------------------------------------------------------------------------
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..................................... $0.20 $0.43
35-39................................... 0.24 0.52
40-44................................... 0.37 0.80
45-49................................... 0.53 1.15
50-54................................... 0.83 1.80
55-59................................... 1.33 2.88
60-64................................... 2.43 5.27
65-69................................... 2.83 6.13
70-74................................... 3.83 8.30
75-79................................... 5.76 12.48
80+..................................... 7.80 16.90
------------------------------------------------------------------------
[[Page 50384]]
Post-Retirement Basic Insurance for Annuitants
[Monthly rate per $1,000 of insurance]
------------------------------------------------------------------------
Before age 65 After age 65
------------------------------------------------------------------------
75% Reduction........................... $0.3467 No cost
50% Reduction........................... 1.0967 $0.75
No Reduction............................ 2.5967 2.25
------------------------------------------------------------------------
Post-Retirement Basic Insurance for Compensationers
[Withholding every four weeks per $1,000 of insurance.]
------------------------------------------------------------------------
Before age 65 After age 65
------------------------------------------------------------------------
75% Reduction........................... $0.32 No cost
50% Reduction........................... 1.01 $0.69
No Reduction............................ 2.39 2.07
------------------------------------------------------------------------
These rates will be effective the first pay period beginning on or
after October 1, 2021. U.S. Office of Personnel Management.
Stephen Hickman,
Deputy Executive Secretary.
[FR Doc. 2021-19475 Filed 9-7-21; 8:45 am]
BILLING CODE 6325-38-P
