Federal Register / Vol. 64, No. 219 / Monday, November 15, 1999 / Notices 61949

to the public pursuant to (c)(4)(6) and

(9)(B) of section 552b of Title 5, United

States Code.

Any person may observe meetings, or

portions thereof, of advisory panels

which are open to the public, and, if

time allows, may be permitted to

participate in the panel’s discussions at

the discretion of the panel chairman and

with the approval of the full-time

Federal employee in attendance.

If you need special accommodations

due to a disability, please contact the

Office of AccessAbility, National

Endowment for the Arts, 1100

Pennsylvania Avenue, NW, Washington,

DC 20506, 202/682–5532, TDY–TDD

202/682–5496, at least seven (7) days

prior to the meeting.

Further information with reference to

this meeting can be obtained from Ms.

Kathy Plowitz-Worden, Office of

Guidelines & Panel Operations, National

Endowment for the Arts, Washington,

DC, 20506, or call 202/682–5691.

Dated: November 3, 1999.

Kathy Plowitz-Worden,

Panel Coordinator, Panel Operations,

National Endowment for the Arts.

[FR Doc. 99–29697 Filed 11–12–99; 8:45 am]

BILLING CODE 7537–01–M

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 November 1999. The

interest assumptions for performing

multiemployer plan valuations

following mass withdrawal under part

4281 apply to valuation dates occurring

in December 1999.

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 November 1999 is 5.32 percent (i.e.,

85 percent of the 6.26 percent yield

figure for October 1999).

The following table lists the assumed

interest rates to be used in determining

variable-rate premiums for premium

payment years beginning between

December 1998 and November 1999.

For premium payment years

beginning in:

The assumed

interest

rate is:

December 1998 ...................... 4.46

January 1999 .......................... 4.30

February 1999 ........................ 4.39

March 1999 ............................. 4.56

April 1999 ............................... 4.74

May 1999 ................................ 4.72

June 1999 ............................... 4.94

July 1999 ................................ 5.13

August 1999 ........................... 5.08

September 1999 ..................... 5.16

October 1999 .......................... 5.16

November 1999 ...................... 5.32

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

December 1999 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 November 1999.

David M. Strauss,

Executive Director, Pension Benefit Guaranty

Corporation.

[FR Doc. 99–29757 Filed 11–12–99; 8:45 am]

BILLING CODE 7708–01–P

OFFICE OF PERSONNEL

MANAGEMENT

Privacy Act of 1974; Amendment to a

System of Records

AGENCY: Office of Personnel

Management (OPM).

ACTION: Notice to amend a system of

records.

SUMMARY: OPM proposes to amend a

system of records in its inventory of

records systems subject to the Privacy

Act of 1974 (5 U.S.C. 552a), as amended.

This action is necessary to meet the

requirements of the Privacy Act to

publish in the Federal Register notice of

the existence and character of record

systems maintained by the agency ((5

U.S.C. 552a(e)(4)).

DATES: The changes will be effective

without further notice December 27,

1999, unless comments are received that

result in further modifications.

ADDRESSES: Send written comments to

the Office of Personnel Management,

ATTN: Mary Beth Smith-Toomey, Office

of the Chief Information Officer, 1900 E

Street, NW., Room 5415, Washington,

DC 20415–7900.

FOR FURTHER INFORMATION CONTACT:

Mary Beth Smith-Toomey, (202) 606–

8358.

SUPPLEMENTARY INFORMATION: This

amendment changes the name and

address of the systems manager for the

system of records designated as OPM/

INTERNAL 5 (Pay, Leave, and Travel

Records) from Assistant Director, Office

of Contracting and Administrative

Services, zip code 20415–0001, to Chief

Financial Officer, zip code 20415–1200.

This amendment also adds a new

routine use which is to disclose

information to the Department of Health

and Human Services on new hires and

quarterly wages as required under the

Personal Responsibility and Work

Opportunity Reconciliation Act of 1996.