28056 Federal Register / Vol. 71, No. 93 / Monday, May 15, 2006 / Notices 

meeting for such statements. Use of still, 

motion picture, and television cameras 

during the meeting may be limited to 

selected portions of the meeting as 

determined by the Chairman. 

Information regarding the time to be set 

aside for this purpose may be obtained 

by contacting the Cognizant ACRS staff 

prior to the meeting. In view of the 

possibility that the schedule for ACRS 

meetings may be adjusted by the 

Chairman as necessary to facilitate the 

conduct of the meeting, persons 

planning to attend should check with 

the Cognizant ACRS staff if such 

rescheduling would result in major 

inconvenience. 

Further information regarding topics 

to be discussed, whether the meeting 

has been canceled or rescheduled, as 

well as the Chairman’s ruling on 

requests for the opportunity to present 

oral statements and the time allotted 

therefor can be obtained by contacting 

Mr. Sam Duraiswamy, Cognizant ACRS 

staff (301–415–7364), between 7:30 a.m. 

and 4:15 p.m., ET. 

ACRS meeting agenda, meeting 

transcripts, and letter reports are 

available through the NRC Public 

Document Room at pdr@nrc.gov, or by 

calling the PDR at 1–800–397–4209, or 

from the Publicly Available Records 

System (PARS) component of NRC’s 

document system (ADAMS) which is 

accessible from the NRC Web site at 

http://www.nrc.gov/reading-rm/ 

adams.html or http://www.nrc.gov/ 

reading-rm/doc-collections/ (ACRS & 

ACNW Mtg schedules/agendas). 

Videoteleconferencing service is 

available for observing open sessions of 

ACRS meetings. Those wishing to use 

this service for observing ACRS 

meetings should contact Mr. Theron 

Brown, ACRS Audio Visual Technician 

(301–415–8066), between 7:30 a.m. and 

3:45 p.m., ET, at least 10 days before the 

meeting to ensure the availability of this 

service. Individuals or organizations 

requesting this service will be 

responsible for telephone line charges 

and for providing the equipment and 

facilities that they use to establish the 

videoteleconferencing link. The 

availability of videoteleconferencing 

services is not guaranteed. 

Dated: May 9, 2006. 

Andrew L. Bates, 

Advisory Committee Management Officer. 

[FR Doc. E6–7348 Filed 5–12–06; 8:45 am] 

BILLING CODE 7590–01–P 

NUCLEAR REGULATORY 

COMMISSION 

Advisory Committee on Reactor 

Safeguards; Subcommittee Meeting on 

Planning and Procedures; Notice of 

Meeting 

The ACRS Subcommittee on Planning 

and Procedures will hold a meeting on 

May 30 2006, Room T–2B1, 11545 

Rockville Pike, Rockville, Maryland. 

The entire meeting will be open to 

public attendance, with the exception of 

a portion that may be closed pursuant 

to 5 U.S.C. 552b( c)(2) and (6) to discuss 

organizational and personnel matters 

that relate solely to the internal 

personnel rules and practices of the 

ACRS, and information the release of 

which would constitute a clearly 

unwarranted invasion of personal 

privacy. 

The agenda for the subject meeting 

shall be as follows: 

Tuesday, May 30, 2006, 11 a.m.–12:30 

p.m. 

The Subcommittee will discuss 

proposed ACRS activities and related 

matters. The Subcommittee will gather 

information, analyze relevant issues and 

facts, and formulate proposed positions 

and actions, as appropriate, for 

deliberation by the full Committee. 

Members of the public desiring to 

provide oral statements and/or written 

comments should notify the Designated 

Federal Official, Mr. Sam Duraiswamy 

(telephone: 301–415–7364) between 

7:30 a.m. and 4:15 p.m. (ET) five days 

prior to the meeting, if possible, so that 

appropriate arrangements can be made. 

Electronic recordings will be permitted 

only during those portions of the 

meeting that are open to the public. 

Further information regarding this 

meeting can be obtained by contacting 

the Designated Federal Official between 

7:30 a.m. and 4:15 p.m. (ET). Persons 

planning to attend this meeting are 

urged to contact the above named 

individual at least two working days 

prior to the meeting to be advised of any 

potential changes in the agenda. 

Dated: May 8, 2006. 

Michael R. Snodderly, 

Acting Branch Chief, ACRS/ACNW. 

[FR Doc. E6–7349 Filed 5–12–06; 8:45 am] 

BILLING CODE 7590–01–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

Required Interest Rate Assumption for 

Determining Variable-Rate Premium for 

Single-Employer Plans; 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 May 2006. 

The interest assumptions for performing 

multiemployer plan valuations 

following mass withdrawal under part 

4281 apply to valuation dates occurring 

in June 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 may 

call the Federal relay service toll-free 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 required 

interest rate to be used in determining 

variable-rate premiums for premium 

payment years beginning in May 2006 is 

4.30 percent (i.e., 85 percent of the 5.06 

percent Treasury Securities Rate for 

April 2006). 

The Pension Funding Equity Act of 

2004 (‘‘PFEA’’)—under which the 


jlentini on PROD1PC65 with NOTICES
Federal Register / Vol. 71, No. 93 / Monday, May 15, 2006 / Notices 28057 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3Securities Exchange Act Release No. 53563 

(March 29, 2006), 71 FR 16839. 

4 In approving the proposed rule change, the 

Commission has considered the proposed rule’s 

impact on efficiency, competition and capital 

formation. See 15 U.S.C. 78c(f). 

5 15 U.S.C. 78f(b)(4) and (5). 

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 May 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 June 

2005 and May 2006. 

For premium payment years 

beginning in: 

The required 

interest rate is: 

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 

March 2006 ........................... 3.89 

April 2006 ............................. 4.02 

May 2006 .............................. 4.30 

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 June 

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 9th day 

of May 2006. 

Vincent K. Snowbarger, 

Deputy Executive Director, Pension Benefit 

Guaranty Corporation. 

[FR Doc. E6–7314 Filed 5–12–06; 8:45 am] 

BILLING CODE 7708–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meeting 

Federal Register Citation of Previous 

Announcement: [71 FR 27014, May 9, 

2006]. 

STATUS: Closed meeting. 

PLACE: 100 F Street, NE., Washington, 

DC. 

DATE AND TIME OF PREVIOUSLY ANNOUNCED

MEETING: Thursday, May 11, 2006 at 1 

p.m. 

Change in the Meeting: Additional 

items. 

The following items will also be 

considered during the 1 p.m. Closed 

Meeting scheduled for Thursday, May 

11, 2006: Litigation matters; regulatory 

matters involving financial institutions; 

other matters related to enforcement 

proceedings; and an adjudicatory 

matter. 

Commissioner Glassman, as duty 

officer, determined that no earlier notice 

thereof was possible. 

At times, changes in Commission 

priorities require alterations in the 

scheduling of meeting items. For further 

information and to ascertain what, if 

any, matters have been added, deleted 

or postponed, please contact the Office 

of the Secretary at (202) 551–5400. 

Dated: May 10, 2006. 

J. Lynn Taylor, 

Assistant Secretary. 

[FR Doc. 06–4585 Filed 5–11–06; 3:55 pm] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–53778; File No. SR–Amex–

2005–125] 

Self-Regulatory Organizations; 

American Stock Exchange LLC; Order 

Granting Approval of Proposed Rule 

Change and Amendment No. 1 Thereto 

Relating to Dual Listing 

May 9, 2006. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on December 

5, 2005, the American Stock Exchange 

LLC (‘‘Amex’’ or ‘‘Exchange’’) filed with 

the Securities and Exchange 

Commission (‘‘Commission’’) a 

proposed rule change to amend (i) 

Sections 140 and 141 of the Amex 

Company Guide and the Amex Fee 

Schedule to reduce the listing fees for 

companies listed on another securities 

market that dual list on the Amex, and 

(ii) Amex Rule 118 to include in the 

scope of the Rule securities listed on the 

Nasdaq Capital Market (formerly 

referred to as the Nasdaq SmallCap 

Market) and to accommodate the dual 

listing of securities listed on the Nasdaq 

Capital Market and the Nasdaq National 

Market. Additionally, the Amex 

proposed minor, technical changes to 

Amex Rules 7, 24, 109, 115, 126, 128A, 

131, 135A, 156, 170, 190 and 205, and 

Sections 142 and 950 of the Company 

Guide to reflect the proposed changes to 

Amex Rule 118. On March 21, 2006, 

Amex filed Amendment No. 1 to the 

proposed rule change. The proposed 

rule change, as modified by Amendment 

No. 1, was published for notice and 

comment in the Federal Register on 

April 4, 2006.3 The Commission 

received no comments on the proposed 

rule change. This order approves the 

proposed rule change. 

The Commission finds that the 

proposed rule change is consistent with 

the requirements of the Act and the 

rules and regulations thereunder 

applicable to a self-regulatory 

organization.4 Specifically, the 

Commission believes that the proposed 

rule change is consistent with Sections 

6(b)(4) and (5) of the Act,5 in that it is 

designed to provide an equitable 

allocation of reasonable dues, fees and 

other charges among members and 

issuers and other persons using the 

Amex’s facilities, and to prevent 

fraudulent and manipulative acts and 

practices, to promote just and equitable 

principles of trade, to foster cooperation 

and coordination with persons engaged 

in regulating, clearing, settling, 

processing information with respect to, 

and facilitating transactions in 

securities, to remove impediments to 

and perfect the mechanism of a free and 

open market and a national market 

system, and, in general, to protect 

investors and the public interest. The 

Commission also believes the proposed 

rule change is not designed to permit 

unfair discrimination between 

customers, issuers, brokers, or dealers, 

or to regulate by virtue of any authority 

conferred by the Act matters not related 

to the purpose of the Act or the 

administration of the Amex. The 

Commission believes that competition 

among listing markets has the potential 


jlentini on PROD1PC65 with NOTICES