Federal Register / Vol. 72, No. 230 / Friday, November 30, 2007 / Notices 67765 

over the next 90 days. The comment 

period for each RG will be 60 days from 

the date of its posting on the NRC Web 

site. The NRC will make each revised 

RG publicly available through the 

following electronic distribution 

methods: 

1. The NRC’s Electronic Reading 

Room on the agency’s public Web site, 

under ‘‘Regulatory Guides’’ at http:// 

www.nrc.gov/reading-rm/doccollections/reg-guides/. 

2. The NRC’s Agencywide Documents 

Access and Management System 

(ADAMS), at http://www.nrc.gov/ 

reading-rm/adams.html (using the 

ADAMS accession number specified in 

the footer on the first page of each 

regulatory guide). 

RGs are not copyrighted, and 

Commission approval is not required to 

reproduce them. Copies of each RG and 

other related publicly available 

documents, including public comments 

received, can be viewed electronically 

on computers in the NRC’s Public 

Document Room (PDR), which is 

located at One White Flint North, 11555 

Rockville Pike, Rockville, Maryland, 

Room O–1 F21, and is open to the 

public on Federal workdays from 7:45 

a.m. until 4:15 p.m. The PDR 

reproduction contractor will make 

copies of documents for a fee. If you do 

not have access to ADAMS or if you 

encounter problems in accessing the 

documents stored in ADAMS, contact 

the PDR Reference Staff at (800) 397–

4209 or (301) 415–4737, or by e-mail to 

PDR@nrc.gov. 

Dated at Rockville, Maryland, this 20th day 

of November, 2007. 

For the U.S. Nuclear Regulatory 

Commission. 

Andrea D. Valentin, 

Chief, Regulatory Guide Development Branch, 

Division of Engineering, Office of Nuclear 

Regulatory Research. 

[FR Doc. E7–23221 Filed 11–29–07; 8:45 am] 

BILLING CODE 7590–01–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

PBGC Flat Premium Rates 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Notice of flat premium rates. 

SUMMARY: This notice informs the public 

of the PBGC flat premium rates for 

premium payment years beginning in 

2008. These rates can be derived from 

information published elsewhere but are 

published in this notice for the 

convenience of the public. 

DATES: The flat premium rates apply to 

premium payment years beginning in 

2008. 

FOR FURTHER INFORMATION CONTACT: 

Catherine B. Klion, Manager, Regulatory 

and Policy Division, 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: The 

Pension Benefit Guaranty Corporation 

(PBGC) administers the pension plan 

termination insurance program under 

Title IV of the Employee Retirement 

Income Security Act of 1974 (ERISA). 

Pension plans covered by Title IV must 

pay premiums to PBGC. Section 4006 of 

ERISA deals with premium rates. 

The Deficit Reduction Act of 2005 

(Pub. L. 109–171) (DRA 2005) amended 

section 4006 of ERISA. DRA 2005 

changed the per-participant flat 

premium rate for plan years beginning 

in 2006 from $19 to $30 for singleemployer plans and from $2.60 to $8 for 

multiemployer plans and provided for 

inflation adjustments to the flat rates for 

future years. The adjustments are based 

on changes in the national average wage 

index as defined in section 209(k)(1) of 

the Social Security Act, with a two-year 

lag—for example, for 2008, the 2006 

index is compared to the baseline (the 

2004 index). The new provisions are 

written in such a way that the premium 

rate can never go down; if the change in 

the national average wage index is 

negative, the premium rate remains the 

same as in the preceding year. Also, 

premium rates are rounded to the 

nearest whole dollar. 

The baseline national average wage 

index, the 2004 index, was $35,648.55. 

The 2006 index was $38,651.41. The 

ratio of the 2006 index to the 2004 index 

is 1.084235. Multiplying this ratio by 

$30.00 gives $32.53 which rounds to 

$33.00. Multiplying the ratio by $8.00 

gives $8.67, which rounds to $9.00. 

Thus, the 2008 flat premium rates for 

PBGC’s two insurance programs will be 

$33.00 per participant for singleemployer plans and $9.00 per 

participant for multiemployer plans. 

The PBGC will publish the flat 

premium rates annually for the 

convenience of the public. 

Issued in Washington, DC, on this 27th day 

of November 2007. 

Vincent K. Snowbarger, 

Deputy Director, Pension Benefit Guaranty 

Corporation. 

[FR Doc. E7–23269 Filed 11–29–07; 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 Investor 

Education and Advocacy, 

Washington, DC 20549–0213. 

Extension: 

Rule 7d–1; SEC File No. 270–176; OMB 

Control No. 3235–0311 

Notice is hereby given that pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 3501–3520), the Securities 

and Exchange Commission 

(‘‘Commission’’) has submitted to the 

Office of Management and Budget a 

request for extension of the previously 

approved collection of information 

discussed below. 

Section 7(d) of the Investment 

Company Act of 1940 (15 U.S.C. 80a7(d)) (the ‘‘Act’’ or ‘‘Investment 

Company Act’’) requires an investment 

company (‘‘fund’’) organized outside the 

United States (‘‘foreign fund’’) to obtain 

an order from the Commission allowing 

the fund to register under the Act before 

making a public offering of its securities 

through the United States mail or any 

means of interstate commerce. The 

Commission may issue an order only if 

it finds that it is both legally and 

practically feasible effectively to enforce 

the provisions of the Act against the 

foreign fund, and that the registration of 

the fund is consistent with the public 

interest and protection of investors. 

Rule 7d–1 (17 CFR 270.7d–1) under 

the Act, which was adopted in 1954, 

specifies the conditions under which a 

Canadian management investment 

company (‘‘Canadian fund’’) may 

request an order from the Commission 

permitting it to register under the Act. 

Although rule 7d–1 by its terms applies 

only to Canadian funds, other foreign 

funds generally have agreed to comply 

with the requirements of rule 7d–1 as a 

prerequisite to receiving an order 

permitting the foreign fund’s 

registration under the Act. 

The rule requires a Canadian fund 

proposing to register under the Act to 

file an application with the Commission 

that contains various undertakings and 

agreements of the fund. Certain of these 

undertakings and agreements, in turn, 

impose the following additional 

information collection requirements: 

(1) The fund must file agreements 

between the fund and its directors, 

officers, and service providers requiring 

them to comply with the fund’s charter 

and bylaws, the Act, and certain other 


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