Federal Register / Vol. 68, No. 94 / Thursday, May 15, 2003 / Notices 26361

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

2 17 CFR 240.19b–4.

3 In Amendment No. 1, the Exchange amended 

the proposal (i) to clarify the language in the 

proposed rule change and (ii) to seek immediate 

effectiveness of the proposed rule change pursuant 

to section 19(b)(3)(A) of the Act and subparagraph 

Continued

For the Nuclear Regulatory Commission. 

Janet R. Schlueter, 

Chief, High-Level Waste Branch, Division of 

Waste Management, Office of Nuclear 

Material Safety and Safeguards.

[FR Doc. 03–12115 Filed 5–14–03; 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 May 2003. 

The interest assumptions for performing 

multiemployer plan valuations 

following mass withdrawal under part 

4281 apply to valuation dates occurring 

in June 2003.

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 

100 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 premium payment years beginning 

in May 2003 is 4.90 percent. 

The following table lists the required 

interest rates to be used in determining 

variable-rate premiums for premium 

payment years beginning between June 

2002 and May 2003.

For premium payment years 

beginning in: 

The required 

interest rate is: 

June 2002 ............................. 5.65 

July 2002 .............................. 5.52 

August 2002 ......................... 5.39 

September 2002 ................... 5.08 

October 2002 ........................ 4.76 

November 2002 .................... 4.93 

December 2002 .................... 4.96 

January 2003 ........................ 4.92 

February 2003 ...................... 4.94 

March 2003 ........................... 4.81 

April 2003 ............................. 4.80 

May 2003 .............................. 4.90 

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 June 

2003 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 2003. 

Joseph H. Grant, 

Deputy Executive Director and Chief 

Operating Officer, Pension Benefit Guaranty 

Corporation.

[FR Doc. 03–12117 Filed 5–14–03; 8:45 am] 

BILLING CODE 7708–01–P

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meeting

FEDERAL REGISTER CITATION OF PREVIOUS

ANNOUNCEMENT: (68 FR 23332, May 1, 

2003).

Status: Closed meetings.

Place: 450 Fifth Street, NW., 

Washington, DC.

Date and Time of Previously Announced 

Meeting: Thursday, May 8, 2003.

Change in the Meeting: Additional item/

additional meeting. 

The following item was added to the 

closed meeting of Thursday, May 8, 

2003: litigation matter. 

An additional closed meeting was 

held on Friday, May 9, 2003, at 3 p.m. 

The subject matter of the closed 

meeting scheduled for Friday, May 9, 

2003, was: litigation matter. 

Commissioner Goldschmid, as duty 

officer, determined that Commission 

business required the above change and 

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) 942–7070.

Dated: May 12, 2003. 

Margaret H. McFarland, 

Deputy Secretary.

[FR Doc. 03–12221 Filed 5–12–03; 4:29 pm] 

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–47816; File No. SR–BSE–

2003–03] 

Self-Regulatory Organizations; Notice 

of Filing and Immediate Effectiveness 

of Proposed Rule Change by the 

Boston Stock Exchange, Incorporated, 

Relating to Its Floor Operations Fee 

Schedule 

May 8, 2003. 

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 March 24, 

2003, the Boston Stock Exchange, 

Incorporated (‘‘Exchange’’), filed with 

the Securities and Exchange 

Commission (‘‘Commission’’) the 

proposed rule change as described in 

Items I, II and III below, which Items 

have been prepared by the Exchange. 

On April 22, 2003, the Exchange filed 

Amendment No. 1 to the proposed rule 

change.3 The Exchange has designated