Federal Register / Vol. 66, No. 51 / Thursday, March 15, 2001 / Notices 15149

CFR part 50, Appendix A, GDC 19

guidelines.

The proposed action will not

significantly increase the probability or

consequences of accidents, no changes

are being made in the types of any

effluents that may be released off site,

and there is no significant increase in

occupational or public radiation

exposure. Therefore, there are no

significant radiological environmental

impacts associated with the proposed

action.

With regard to potential

nonradiological impacts, the proposed

action does not involve any historic

sites. It does not affect nonradiological

plant effluents and has no other

environmental impact. Therefore, there

are no significant nonradiological

environmental impacts associated with

the proposed action.

Accordingly, the NRC concludes that

there are no significant environmental

impacts associated with the proposed

action.

Alternatives to the Proposed Action

As an alternative to the proposed

action, the staff considered denial of the

proposed action (i.e., the ‘‘no-action’’

alternative). Denial of the application

would result in no change in current

environmental impacts. The

environmental impacts of the proposed

action and the alternative action are

similar.

Alternative Use of Resources

This action does not involve the use

of any resources not previously

considered in the Final Environmental

Statement for the Beaver Valley Power

Station, Unit Nos. 1 and 2.

Agencies and Persons Consulted

In accordance with its stated policy,

on February 1, 2000, the staff consulted

with the Pennsylvania State official, Mr.

L. Ryan, of the Pennsylvania

Department of Environmental Protection

Bureau, Division of Nuclear Safety,

regarding the environmental impact of

the proposed action. The State official

had no comments.

Finding of No Significant Impact

On the basis of the environmental

assessment, the NRC concludes that the

proposed action will not have a

significant effect on the quality of the

human environment. Accordingly, the

NRC has determined not to prepare an

environmental impact statement for the

proposed action.

For further details with respect to the

proposed action, see the licensee’s letter

dated May 12, 2000, as supplemented

on June 19, November 2, and December

1, 2000, and January 29, 2001.

Documents may be examined, and/or

copied for a fee, at the NRC’s Public

Document Room, located at One White

Flint North, 11555 Rockville Pike (first

floor), Rockville, Maryland. Publicly

available records will be accessible

electronically from the ADAMS Public

Library component on the NRC Web

site, http:www.nrc.gov (the Electronic

Reading Room).

Dated at Rockville, Maryland, this 9th day

of March 2001.

For the Nuclear Regulatory Commission.

Lawrence J. Burkhart,

Project Manager, Section 1, Project

Directorate I, Division of Licensing Project

Management, Office of Nuclear Reactor

Regulation.

[FR Doc. 01–6405 Filed 3–14–01; 8:45 am]

BILLING CODE 7590–01–P

PENSION BENEFIT GUARANTY

CORPORATION

Interest Assumption for Determining

Variable-Rate Premium; Interest

Assumptions for Multiemployer Plan

Valuations Following Mass Withdrawal

AGENCY: Pension Benefit Guaranty

Corporation.

ACTION: Notice of interest rates and

assumptions.

SUMMARY: This notice informs the public

of the interest rates and assumptions to

be used under certain Pension Benefit

Guaranty Corporation regulations. These

rates and assumptions are published

elsewhere (or are derivable from rates

published elsewhere), but are collected

and published in this notice for the

convenience of the public. Interest rates

are also published on the PBGC’s web

site (http://www.pbgc.gov).

DATES: The interest rate for determining

the variable-rate premium under part

4006 applies to premium payment years

beginning in March 2001. The interest

assumptions for performing

multiemployer plan valuations

following mass withdrawal under part

4281 apply to valuation dates occurring

in April 2001.

FOR FURTHER INFORMATION CONTACT:

Harold J. Ashner, Assistant General

Counsel, Office of the General Counsel,

Pension Benefit Guaranty Corporation,

1200 K Street, NW., Washington, DC

20005, 202–326–4024. (For TTY/TDD

users, call the Federal relay service tollfree at 1–800–877–8339 and ask to be

connected to 202–326–4024.)

SUPPLEMENTARY INFORMATION:

Variable-Rate Premiums

Section 4006(a)(3)(E)(iii)(II) of the

Employee Retirement Income Security

Act of 1974 (ERISA) and § 4006.4(b)(1)

of the PBGC’s regulation on Premium

Rates (29 CFR part 4006) prescribe use

of an assumed interest rate in

determining a single-employer plan’s

variable-rate premium. The rate is the

‘‘applicable percentage’’ (currently 85

percent) of the annual yield on 30-year

Treasury securities for the month

preceding the beginning of the plan year

for which premiums are being paid (the

‘‘premium payment year’’). The yield

figure is reported in Federal Reserve

Statistical Releases G.13 and H.15.

The assumed interest rate to be used

in determining variable-rate premiums

for premium payment years beginning

in March 2001 is 4.63 percent (i.e., 85

percent of the 5.45 percent yield figure

for February 2001).

The following table lists the assumed

interest rates to be used in determining

variable-rate premiums for premium

payment years beginning between April

2000 and March 2001.

For premium payment years

beginning in:

The assumed

interest rate is:

April 2000 ............................. 5.14

May 2000 .............................. 4.97

June 2000 ............................. 5.23

July 2000 .............................. 5.04

August 2000 ......................... 4.97

September 2000 ................... 4.86

October 2000 ........................ 4.96

November 2000 .................... 4.93

December 2000 .................... 4.91

January 2001 ........................ 4.67

February 2001 ...................... 4.71

March 2001 ........................... 4.63

Multiemployer Plan Valuations

Following Mass Withdrawal

The PBGC’s regulation on Duties of

Plan Sponsor Following Mass

Withdrawal (29 CFR part 4281)

prescribes the use of interest

assumptions under the PBGC’s

regulation on Allocation of Assets in

Single-employer Plans (29 CFR part

4044). The interest assumptions

applicable to valuation dates in April

2001 under part 4044 are contained in

an amendment to part 4044 published

elsewhere in today’s Federal Register.

Tables showing the assumptions

applicable to prior periods are codified

in appendix B to 29 CFR part 4044.

Issued in Washington, DC, on this 12th day

of March 2001.

John Seal,

Acting Executive Director, Pension Benefit

Guaranty Corporation.

[FR Doc. 01–6487 Filed 3–14–01; 8:45 am]

BILLING CODE 7708–01–P