Federal Register / Vol. 76, No. 93 / Friday, May 13, 2011 / Rules and Regulations 27889 

1Appendix B to PBGC’s regulation on Allocation 

of Assets in Single-Employer Plans (29 CFR Part 

4044) prescribes interest assumptions for valuing 

benefits under terminating covered single-employer 

plans for purposes of allocation of assets under 

ERISA section 4044. Those assumptions are 

updated quarterly. 

SUMMARY: The Food and Drug 

Administration (FDA) is amending the 

animal drug regulations to reflect 

approval of a new animal drug 

application (NADA) filed by Pfizer, Inc. 

The NADA provides for the veterinary 

prescription use of gonadotropin 

releasing factor-diphtheria toxoid 

conjugate by subcutaneous injection for 

temporary immunological castration 

(suppression of testicular function) and 

reduction of boar taint in intact male 

pigs intended for slaughter. 

DATES: This rule is effective May 13, 

2011. 

FOR FURTHER INFORMATION CONTACT: 

Matthew Lucia, Center for Veterinary 

Medicine (HFV–128), Food and Drug 

Administration, 7500 Standish Pl., 

Rockville, MD 20855, 240–276–8116, 

e-mail: matthew.lucia@fda.hhs.gov. 

SUPPLEMENTARY INFORMATION: Pfizer, 

Inc., 235 East 42d St., New York, NY 

10017–5755, filed NADA 141–322 that 

provides for the veterinary prescription 

use of IMPROVEST (gonadotropin 

releasing factor-diphtheria toxoid 

conjugate) Sterile Solution for Injection 

for temporary immunological castration 

(suppression of testicular function) and 

reduction of boar taint in intact male 

pigs intended for slaughter. The 

application is approved as of March 22, 

2011, and the regulations are amended 

in 21 CFR part 522 to reflect approval. 

In accordance with the freedom of 

information provisions of 21 CFR part 

20 and 21 CFR 514.11(e)(2)(ii), a 

summary of safety and effectiveness 

data and information submitted to 

support approval of this application 

may be seen in the Division of Dockets 

Management (HFA–305), Food and Drug 

Administration, 5630 Fishers Lane, rm. 

1061, Rockville, MD 20852, 

between 9 a.m. and 4 p.m., Monday 

through Friday. 

Under section 512(c)(2)(F)(i) of the 

Federal Food, Drug, and Cosmetic Act 

(21 U.S.C. 360b(c)(2)(F)(i)), this 

approval qualifies for 5 years of 

marketing exclusivity beginning on the 

date of approval. 

The Agency has determined under 21 

CFR 25.33 that this action is of a type 

that does not individually or 

cumulatively have a significant effect on 

the human environment. Therefore, 

neither an environmental assessment 

nor an environmental impact statement 

is required. 

This rule does not meet the definition 

of ‘‘rule′′ in 5 U.S.C. 804(3)(A) because 

it is a rule of ‘‘particular applicability.′′ 

Therefore, it is not subject to the 

congressional review requirements in 5 

U.S.C. 801–808. 

List of Subjects in 21 CFR Part 522 

Animal drugs. 

Therefore, under the Federal Food, 

Drug, and Cosmetic Act and under 

authority delegated to the Commissioner 

of Food and Drugs and redelegated to 

the Center for Veterinary Medicine, 21 

CFR part 522 is amended as follows: 

PART 522—IMPLANTATION OR 

INJECTABLE DOSAGE FORM NEW 

ANIMAL DRUGS 

■ 1. The authority citation for 21 CFR 

part 522 continues to read as follows: 

Authority: 21 U.S.C. 360b. 

■ 2. Add § 522.1083 to read as follows: 

§ 522.1083 Gonadotropin releasing factordiphtheria toxoid conjugate. 

(a) Specifications. Each milliliter (mL) 

of solution contains 0.2 milligrams (mg) 

gonadotropin releasing factor-diphtheria 

toxoid conjugate. 

(b) Sponsor. See No. 000069 in 

§ 510.600(c) of this chapter. 

(c) Conditions of use in swine—(1) 

Amount. Administer 0.4 mg per intact 

male pig (2 mL) by subcutaneous 

injection no earlier than 9 weeks of age. 

A second subcutaneous injection of 0.4 

mg per intact male pig (2 mL) should be 

administered at least 4 weeks after the 

first dose. Pigs should be slaughtered no 

earlier than 4 weeks and no later than 

8 weeks after the second dose. 

(2) Indications for use. For the 

temporary immunological castration 

(suppression of testicular function) and 

reduction of boar taint in intact male 

pigs intended for slaughter. 

(3) Limitations. Not approved for use 

in female pigs and barrows. Do not use 

in intact male pigs intended for 

breeding because of the disruption of 

reproductive function. Federal law 

restricts this drug to use by or on the 

order of a licensed veterinarian. 

Dated: May 4, 2011. 

Bernadette Dunham, 

Director, Center for Veterinary Medicine. 

[FR Doc. 2011–11762 Filed 5–12–11; 8:45 am] 

BILLING CODE 4160–01–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

29 CFR Part 4022 

Benefits Payable in Terminated SingleEmployer Plans; Interest Assumptions 

for Paying Benefits 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Final rule. 

SUMMARY: This final rule amends the 

Pension Benefit Guaranty Corporation’s 

regulation on Benefits Payable in 

Terminated Single-Employer Plans to 

prescribe interest assumptions under 

the regulation for valuation dates in 

June 2011. The interest assumptions are 

used for paying benefits under 

terminating single-employer plans 

covered by the pension insurance 

system administered by PBGC. 

DATES: Effective June 1, 2011. 

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: PBGC’s 

regulation on Benefits Payable in 

Terminated Single-Employer Plans (29 

CFR part 4022) prescribes actuarial 

assumptions—including interest 

assumptions—for paying plan benefits 

under terminating single-employer 

plans covered by title IV of the 

Employee Retirement Income Security 

Act of 1974. The interest assumptions in 

the regulation are also published on 

PBGC’s Web site (http://www.pbgc.gov). 

PBGC uses the interest assumptions in 

Appendix B to Part 4022 to determine 

whether a benefit is payable as a lump 

sum and to determine the amount to 

pay. Appendix C to Part 4022 contains 

interest assumptions for private-sector 

pension practitioners to refer to if they 

wish to use lump-sum interest rates 

determined using PBGC’s historical 

methodology. Currently, the rates in 

Appendices B and C of the benefit 

payment regulation are the same. 

The interest assumptions are intended 

to reflect current conditions in the 

financial and annuity markets. 

Assumptions under the benefit 

payments regulation are updated 

monthly. This final rule updates the 

benefit payments interest assumptions 

for June 2011.1

The June 2011 interest assumptions 

under the benefit payments regulation 

will be 2.50 percent for the period 

during which a benefit is in pay status 

and 4.00 percent during any years 

preceding the benefit’s placement in pay 

status. In comparison with the interest 

WReier-Aviles on DSKGBLS3C1PROD with RULES

27890 Federal Register / Vol. 76, No. 93 / Friday, May 13, 2011 / Rules and Regulations 

assumptions in effect for May 2011, 

these interest assumptions are 

unchanged. 

PBGC has determined that notice and 

public comment on this amendment are 

impracticable and contrary to the public 

interest. This finding is based on the 

need to determine and issue new 

interest assumptions promptly so that 

the assumptions can reflect current 

market conditions as accurately as 

possible. 

Because of the need to provide 

immediate guidance for the payment of 

benefits under plans with valuation 

dates during June 2011, PBGC finds that 

good cause exists for making the 

assumptions set forth in this 

amendment effective less than 30 days 

after publication. 

PBGC has determined that this action 

is not a ‘‘significant regulatory action′′ 

under the criteria set forth in Executive 

Order 12866. 

Because no general notice of proposed 

rulemaking is required for this 

amendment, the Regulatory Flexibility 

Act of 1980 does not apply. See 5 U.S.C. 

601(2). 

List of Subjects in 29 CFR Part 4022 

Employee benefit plans, Pension 

insurance, Pensions, Reporting and 

recordkeeping requirements. 

In consideration of the foregoing, 29 

CFR part 4022 is amended as follows: 

PART 4022—BENEFITS PAYABLE IN 

TERMINATED SINGLE-EMPLOYER 

PLANS 

■ 1. The authority citation for part 4022 

continues to read as follows: 

Authority: 29 U.S.C. 1302, 1322, 1322b, 

1341(c)(3)(D), and 1344. 

■ 2. In appendix B to part 4022, Rate Set 

212, as set forth below, is added to the 

table. 

Appendix B to Part 4022—Lump Sum 

Interest Rates for PBGC Payments 

* * * * * 

Rate set 

For plans with a valuation 

date Immediate 

annuity rate 

(percent) 

Deferred annuities 

(percent) 

On or after Before i1 i2 i3 n1 n2

*******

212 6–1–11 7–1–11 2.50 4.00 4.00 4.00 7 8 

■ 3. In appendix C to part 4022, Rate Set 

212, as set forth below, is added to the 

table. 

Appendix C to Part 4022—Lump Sum 

Interest Rates for Private-Sector 

Payments 

* * * * * 

Rate set 

For plans with a valuation 

date Immediate 

annuity rate 

(percent) 

Deferred annuities 

(percent) 

On or after Before i1 i2 i3 n1 n2

*******

212 6–1–11 7–1–11 2.50 4.00 4.00 4.00 7 8 

Issued in Washington, DC, on this 10th day 

of May 2011. 

Laricke Blanchard, 

Deputy Director for Policy, Pension Benefit 

Guaranty Corporation. 

[FR Doc. 2011–11846 Filed 5–12–11; 8:45 am] 

BILLING CODE 7709–01–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 100 

[USCG–2011–0046; 1625–AA08] 

Special Local Regulations for Marine 

Events; Severn River, Spa Creek and 

Annapolis Harbor, Annapolis, MD 

AGENCY: Coast Guard, DHS. 

ACTION: Temporary final rule. 

SUMMARY: The Coast Guard is 

establishing special local regulations 

during the swim segment of the 

‘‘TriRock Annapolis′′ triathlon, a marine 

event to be held on the waters of Spa 

Creek and Annapolis Harbor on May 14, 

2011. These special local regulations are 

necessary to provide for the safety of life 

on navigable waters during the event. 

This action is intended to temporarily 

restrict vessel traffic in a portion of Spa 

Creek and Annapolis Harbor during the 

event. 

DATES: This rule is effective from 6 a.m. 

until 9 a.m. on May 14, 2011. 

ADDRESSES: Comments and material 

received from the public, as well as 

documents mentioned in this preamble 

as being available in the docket, are part 

of docket USCG–2011–0046 and are 

available online by going to http:// 

www.regulations.gov, inserting USCG– 

2011–0046 in the ‘‘Keyword′′ box, and 

then clicking ‘‘Search.′′ This material is 

also available for inspection or copying 

at the Docket Management Facility (M– 

30), U.S. Department of Transportation, 

West Building Ground Floor, Room 

W12–140, 1200 New Jersey Avenue, SE., 

Washington, DC 20590, between 9 a.m. 

and 5 p.m., Monday through Friday, 

except Federal holidays. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this temporary 

rule, call or e-mail Mr. Ronald Houck, 

U.S. Coast Guard Sector Baltimore, MD; 

telephone 410–576–2674, e-mail 

Ronald.L.Houck@uscg.mil. If you have 

questions on viewing the docket, call 

Renee V. Wright, Program Manager, 

Docket Operations, telephone 202–366– 

9826. 

SUPPLEMENTARY INFORMATION: 

Regulatory Information 

On February 17, 2011, we published 

a notice of proposed rulemaking 

(NPRM) entitled ‘‘Special Local 

Regulations for Marine Events; Severn 

River, Spa Creek and Annapolis Harbor, 

Annapolis, MD′′ in the Federal Register 

(76 FR 33). We received no comments 

WReier-Aviles on DSKGBLS3C1PROD with RULES