8004 Federal Register / Vol. 71, No. 31 / Wednesday, February 15, 2006 / Notices 

authorities related to Museum and 

Library Services. The Executive Session 

of the Meeting from 2 p.m. to 3:15 p.m. 

on Monday, March 6, 2006 will be 

closed pursuant to subsections (c)(4) 

and (c)(9) of section 552b of Title 5, 

United States Code because the Board 

will consider information that may 

disclose: Trade secrets and commercial 

or financial information obtained from a 

person and privileged or confidential; 

and information the premature 

disclosure of which would be likely to 

significantly frustrate implementation of 

a proposed agency action. The meetings 

from 3:30 p.m. until 5 p.m. Monday, 

March 6, 2006 and the meeting from 9 

a.m. to 1 p.m. on Tuesday, March 7, 

2006 are open to the public. If you need 

special accommodations due to a 

disability, please contact: Institute of 

Museum and Library Services, 1100 

Pennsylvania Avenue, NW., 

Washington, DC 20506. Telephone: 

(202) 653–4676; TDD (202) 653–4699 at 

least seven (7) days prior to the meeting 

date. 

Dated: February 13, 2006. 

Teresa LaHaie, 

Director of Administration and Budget. 

[FR Doc. 06–1456 Filed 2–13–06; 1:07 pm] 

BILLING CODE 7036–01–M 

NUCLEAR REGULATORY 

COMMISSION 

Grid Reliability and the Impact on Plant 

Risk and the Operability of Offsite 

Power 

AGENCY: Nuclear Regulatory 

Commission. 

ACTION: Notice of Issuance. 

SUMMARY: The U.S. Nuclear Regulatory 

Commission (NRC) has issued Generic 

Letter (GL) 2006–02 to all holders of 

operating licenses for nuclear power 

reactors, except those who have 

permanently ceased operation and have 

certified that fuel has been removed 

from the reactor vessel. The NRC is 

issuing this generic letter to determine 

if compliance is being maintained with 

NRC regulatory requirements governing 

electric power sources and associated 

personnel training for your plant, the 

NRC is issuing this GL to obtain 

information from its licensees regarding: 

1. Use of protocols between the 

nuclear power plant (NPP) and the 

transmission system operator (TSO), 

independent system operator (ISO), or 

reliability coordinator/authority (RC/ 

RA) and the use of transmission load 

flow analysis tools (analysis tools) by 

TSOs to assist NPPs in monitoring grid 

conditions to determine the operability 

of offsite power systems under plant 

technical specifications. (The TSO, ISO, 

or RA/RC is responsible for preserving 

the reliability of the local transmission 

system. In this GL the term TSO is used 

to denote these entities); 

2. Use of NPP/TSO protocols and 

analysis tools by TSOs to assist NPPs in 

monitoring grid conditions for 

consideration in maintenance risk 

assessments; 

3. Offsite power restoration 

procedures in accordance with Section 

2 of NRC Regulatory Guide (RG) 1.155, 

‘‘Station Blackout’’; 

4. Losses of offsite power caused by 

grid failures at a frequency equal to or 

greater than once in 20 site-years in 

accordance with RG 1.155, and 

5. Require addressees to provide a 

written response to the NRC in 

accordance with 10 CFR 50.54(f). 

This Federal Register notice is 

available through the NRC’s 

Agencywide Documents Access and 

Management System (ADAMS) under 

accession number ML060380343. 

DATES: The GL was issued on February 

1, 2006. 

ADDRESSES: Not applicable. 

FOR FURTHER INFORMATION, CONTACT: 

Paul Gill at 301–415–3316 or by e-mail 

asg@nrc.gov or Matthew W. McConnell 

at 301–415–1597 or e-mail 

mxm4@nrc.gov. 

SUPPLEMENTARY INFORMATION: NRC GL 

2006–02 may be examined, and/or 

copied for a fee, at the NRC’s Public 

Document Room (PDR) at One White 

Flint North, 11555 Rockville Pike (first 

floor), Rockville, Maryland. Publicly 

available records will be accessible 

electronically from the ADAMS Public 

Electronic Reading Room on the Internet 

at the NRC Web site, http:// 

www.nrc.gov/NRC/ADAMS/index.html. 

The ADAMS number for the GL is 

ML060180352. 

If you do not have access to ADAMS 

or if you have problems in accessing the 

documents in ADAMS, contact the NRC 

PDR reference staff at 1–800–397–4209 

or 301–415–4737 or by e-mail to 

pdr@nrc.gov. 

Dated at Rockville, Maryland, this 9th day 

of February 2006. 

For the Nuclear Regulatory Commission. 

Christopher I. Grimes, 

Director, Division of Policy and Rulemaking, 

Office of Nuclear Reactor Regulation. 

[FR Doc. E6–2167 Filed 2–14–06; 8:45 am] 

BILLING CODE 7590–01–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

Required Interest Rate 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 can be derived 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 required interest rate for 

determining the variable-rate premium 

under part 4006 applies to premium 

payment years beginning in February 

2006. The interest assumptions for 

performing multiemployer plan 

valuations following mass withdrawal 

under part 4281 apply to valuation dates 

occurring in March 2006. 

FOR FURTHER INFORMATION CONTACT: 

Catherine B. Klion, Attorney, Legislative 

and Regulatory Department, Pension 

Benefit Guaranty Corporation, 1200 K 

Street, NW., Washington, DC 20005, 

202–326–4024. (TTY/TDD users should 

call the Federal relay service by dialing 

711 and ask for 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 (the 

‘‘required interest rate’’) in determining 

a single-employer plan’s variable-rate 

premium. The required interest 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’’). (Although 

the Treasury Department has ceased 

issuing 30-year securities, the Internal 

Revenue Service announces a surrogate 

yield figure each month—based on the 

30-year Treasury bond maturing in 

February 2031—which the PBGC uses to 

determine the required interest rate.) 

The required interest rate to be used in 

determining variable-rate premiums for 


cprice-sewell on PROD1PC66 with NOTICES
Federal Register / Vol. 71, No. 31 / Wednesday, February 15, 2006 / Notices 8005 

premium payment years beginning in 

February 2006 is 3.90 percent (i.e., 85 

percent of the 4.59 percent Treasury 

Securities Rate for January 2006). 

The Pension Funding Equity Act of 

2004 (‘‘PFEA’’)—under which the 

required interest rate is 85 percent of the 

annual rate of interest determined by 

the Secretary of the Treasury on 

amounts invested conservatively in 

long-term investment grade corporate 

bonds for the month preceding the 

beginning of the plan year for which 

premiums are being paid—applies only 

for premium payment years beginning 

in 2004 or 2005. Congress is considering 

legislation that would extend the PFEA 

rate for one more year. If legislation that 

changes the rules for determining the 

required interest rate for plan years 

beginning in February 2006 is adopted, 

the PBGC will promptly publish a 

Federal Register notice with the new 

rate. 

The following table lists the required 

interest rates to be used in determining 

variable-rate premiums for premium 

payment years beginning between 

March 2005 and February 2006. 

For premium payment years 

beginning in: 

The required 

interest rate is: 

March 2005 ......................... 4.56 

April 2005 ........................... 4.78 

May 2005 ............................ 4.72 

June 2005 ........................... 4.60 

July 2005 ............................ 4.47 

August 2005 ....................... 4.56 

September 2005 ................. 4.61 

October 2005 ...................... 4.62 

November 2005 .................. 4.83 

December 2005 .................. 4.91 

January 2006 ...................... 3.95 

February 2006 .................... 3.90 

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 March 

2006 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 8th day 

of February 2006. 

Vincent K. Snowbarger, 

Deputy Executive Director, Pension Benefit 

Guaranty Corporation. 

[FR Doc. E6–2098 Filed 2–14–06; 8:45 am] 

BILLING CODE 7709–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of Filings and 

Information Services, Washington, DC 

20549 

Extension: 

Form 12b–25; SEC File No. 270–71; OMB 

Control No. 3235–0058 

Notice is hereby given that, pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501 et seq.) the Securities 

and Exchange Commission 

(‘‘Commission’’) has submitted to the 

Office of Management and Budget the 

request for extension of the previously 

approved collection of information 

discussed below. 

The purpose of Form 12b–25 under 

the Securities Exchange Act of 1934 is 

to provide notice to the Commission 

and the marketplace that a public 

company will be unable to timely file a 

required periodic report. If all filing 

conditions are met, the company is 

granted an automatic filing extension. 

The information required is filed on 

occasion and is mandatory. All 

information is provided to the public for 

review. Publicly held companies file 

Form 12b–25. Approximately 7,799 

issuers fileForm 12b–25 and it takes 

approximately 2.5 hours per response 

for a total of 19,498 burden hours. 

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 

control number. 

Written comments regarding the 

above information should be directed to 

the following persons: (i) Desk Officer 

for the Securities and Exchange 

Commission, Office of Information and 

Regulatory Affairs, Office of 

Management and Budget, Room 10102, 

New Executive Office Building, 

Washington, DC 20503; or an e-mail to 

David_Rostker@omb.eop.gov; and (ii) R. 

Corey Booth, Director/Chief Information 

Officer, Office of Information 

Technology, Securities and Exchange 

Commission, 100 F Street, NE., 

Washington, DC 20549. Comments must 

be submitted to OMB within 30 days of 

this notice. 

Dated: February 6, 2006 

J. Lynn Taylor, 

Assistant Secretary. 

[FR Doc. E6–2099 Filed 2–14–06; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Submission for OMB Review; 

Comment Request 

Upon Written Request, Copies Available 

From: Securities and Exchange 

Commission, Office of Filings and 

Information Services, Washington, DC 

20549. 

Extension: 

Rule 24b–1; SEC File No. 270–205; OMB 

Control No. 3235–0194. 

Notice is hereby given that pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501 et seq.), the Securities 

and Exchange Commission 

(‘‘Commission’’) is soliciting comments 

on the collection of information 

summarized below. The Commission 

plans to submit this existing collection 

of information to the Office of 

Management and Budget for extension 

and approval. 

Rule 24b–1 (17 CFR 240.24b–1) under 

the Securities Exchange Act of 1934 

requires a national securities exchange 

to keep and make available for public 

inspection a copy of its registration 

statement and exhibits filed with the 

Commission, along with any 

amendments thereto. 

There are eight national securities 

exchanges that spend approximately 

one half hour each complying with this 

rule, for an aggregate total compliance 

burden of four hours per year. The staff 

estimates that the average cost per 

respondent is $57.68 per year, 

calculated as the costs of copying 

($12.36) plus storage ($45.32), resulting 

in a total cost of compliance for the 

respondents of $461.44. 

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 

control number. 

Written comments regarding the 

estimated burden hours should be 

directed to (i) the Desk Officer for the 

Securities and Exchange Commission, 

Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, Room 10102, New Executive 

Building, Washington, DC 20503, or by 

sending an email to: 

David_Rostker@omb.eop.gov; and (ii) R. 


cprice-sewell on PROD1PC66 with NOTICES