57492 Federal Register / Vol. 66, No. 221 / Thursday, November 15, 2001 / Notices

concurrence of the Subcommittee

Chairman. Written statements will be

accepted and made available to the

Committee. Electronic recordings will

be permitted only during those portions

of the meeting that are open to the

public, and questions may be asked only

by members of the Subcommittee, its

consultants, and staff. Persons desiring

to make oral statements should notify

the cognizant ACRS staff engineer

named below five days prior to the

meeting, if possible, so that appropriate

arrangements can be made.

During the initial portion of the

meeting, the Subcommittee, along with

any of its consultants who may be

present, may exchange preliminary

views regarding matters to be

considered during the balance of the

meeting.

The Subcommittee will then hear

presentations by and hold discussions

with representatives of the NRC staff,

Fauske and Associates, Inc., and other

interested persons regarding this review.

Further information regarding topics

to be discussed, the scheduling of

sessions open to the public, whether the

meeting has been canceled or

rescheduled, and the Chairman’s ruling

on requests for the opportunity to

present oral statements and the time

allotted therefor, can be obtained by

contacting the cognizant ACRS staff

engineer, Mr. Paul A. Boehnert

(telephone 301–415–8065) between 7:30

a.m. and 5 p.m. (EST). Persons planning

to attend this meeting are urged to

contact the above named individual one

or two working days prior to the

meeting to be advised of any potential

changes to the agenda, etc., that may

have occurred.

Dated: November 8, 2001.

Sher Bahadur,

Associate Director for Technical Support.

[FR Doc. 01–28660 Filed 11–14–01; 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 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 required interest rate for

determining the variable-rate premium

under part 4006 applies to premium

payment years beginning in November

2001. The interest assumptions for

performing multiemployer plan

valuations following mass withdrawal

under part 4281 apply to valuation dates

occurring in December 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. (TTY/TDD users

may 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 (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’’). The yield

figure is reported in Federal Reserve

Statistical Releases G.13 and H.15.

The required interest rate to be used

in determining variable-rate premiums

for premium payment years beginning

in November 2001 is 4.52 percent (i.e.,

85 percent of the 5.32 percent yield

figure for October 2001).

The following table lists the required

interest rates to be used in determining

variable-rate premiums for premium

payment years beginning between

December 2000 and November 2001.

For premium payment years

beginning in

The required interest rate is

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

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

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

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

April 2001 ................................. 4.54

May 2001 .................................. 4.80

June 2001 ................................. 4.91

July 2001 .................................. 4.82

For premium payment years

beginning in

The required interest rate is

August 2001 ............................. 4.77

September 2001 ....................... 4.66

October 2001 ............................ 4.66

November 2001 ........................ 4.52

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 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 7th day

of November 2001.

John Seal,

Acting Executive Director, Pension Benefit

Guaranty Corporation.

[FR Doc. 01–28622 Filed 11–14–01; 8:45 am]

BILLING CODE 7708–01–P

POSTAL SERVICE

Plan for Secure Postage Meter

Technology

AGENCY: Postal Service.

ACTION: Notice of final plan.

SUMMARY: The Postal Service has

already completed the first phase of a

plan to remove insecure postage meters

from use with the decertification of

mechanical postage meters. The second

phase of the plan, the retirement of

manually reset electronic meters, is now

underway in accordance with the notice

published in the Federal Register on

December 13, 2000 (Volume 65, Number

240, page 77934–77938). This notice

publishes the final plan for phases III

and IV of the Postal Service’s Plan for

Secure Postage Meter Technology. There

may be additional phases of the plan

beyond phase IV. Upon completion of

all phases of the plan, meters in service

will offer enhanced levels of security,

thereby greatly reducing the Postal

Service’s exposure to meter fraud,

misuse, and loss of revenue. These new

meters also provide advanced customer

features and convenience.

DATES: This plan is effective November

15, 2001.