72870 Federal Register / Vol. 73, No. 231 / Monday, December 1, 2008 / Notices 

Dated: November 25, 2008. 

R. Michelle Schroll, 

Office of the Secretary. 

[FR Doc. E8–28557 Filed 11–26–08; 4:15 pm] 

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 

2009. 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 

2009. 

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 2009, the 2006 

index is compared to the baseline (the 

2004 index). The provisions were 

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 2007 index was $40,405.48. The 

ratio of the 2007 index to the 2004 index 

is 1.133440. Multiplying this ratio by 

$30.00 gives $34.00. Multiplying the 

ratio by $8.00 gives $9.07, which rounds 

to $9.00. Thus, the 2009 flat premium 

rates for PBGC’s two insurance 

programs will be $34.00 per participant 

for single-employer 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 21st day 

of November 2008. 

Vincent K. Snowbarger, 

Deputy Director for Operations, Pension 

Benefit Guaranty Corporation. 

[FR Doc. E8–28411 Filed 11–28–08; 8:45 am] 

BILLING CODE 7709–01–P 

OFFICE OF PERSONNEL 

MANAGEMENT 

[OMB Control No. 3206–0215; RI 25–49] 

Proposed Information Collection; 

Request for Comments on an Existing 

Information Collection 

AGENCY: Office of Personnel 

Management. 

ACTION: Notice. 

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995 (Pub. 

L. 104–13, May 22, 1995), this notice 

announces that the Office of Personnel 

Management (OPM) intends to submit to 

the Office of Management and Budget 

(OMB) a request for review of an 

existing information collection. This 

information collection, ‘‘Verification of 

Full-Time School Attendance’’ (OMB 

Control No. 3206–0215; form RI 25–49), 

is used to verify that adult student 

annuitants are entitled to payments. 

OPM must confirm that a full-time 

enrollment has been maintained. 

Comments are particularly invited on 

whether this collection of information is 

necessary for the proper performance of 

functions of the Office of Personnel 

Management, and whether it will have 

practical utility; whether our estimate of 

the public burden of this collection is 

accurate and based on valid 

assumptions and methodology; and 

ways in which we can minimize the 

burden of the collection of information 

on those who are to respond through 

use of the appropriate technological 

collection techniques or other forms of 

information technology. 

Approximately 10,000 RI 25–49 forms 

are completed annually. This form will 

take approximately 60 minutes to 

complete. The annual estimated burden 

is 10,000 hours. 

For copies of this proposal, contact 

Cyrus S. Benson by telephone at (202) 

606–4808, by FAX (202) 606–0910, or 

by e-mail at Cyrus.Benson@opm.gov. 

Please include a mailing address with 

your request. 

DATES: Comments on this proposal 

should be received within 60 calendar 

days of the date of this publication. 

ADDRESSES: Send or deliver comments 

to: Ronald W. Melton, Deputy Assistant 

Director, Retirement Services Program, 

Center for Retirement and Insurance 

Services, U.S. Office of Personnel 

Management, 1900 E Street, NW., Room 

3305, Washington, DC 20415–3500. 

For information regarding 

Administrative Coordination contact: 

Cyrus S. Benson, Team Leader, 

Publications Team, RIS Support 

Services/Support Group, U.S. Office of 

Personnel Management, 1900 E Street, 

NW., Room 4H28, Washington, DC 

20415, (202) 606–0623. 

Office of Personnel Management. 

Howard Weizmann, 

Deputy Director. 

[FR Doc. E8–28441 Filed 11–28–08; 8:45 am] 

BILLING CODE 6325–38–P 

OFFICE OF PERSONNEL 

MANAGEMENT 

[OMB Control No. 3206–0141; OPM Form 

2809] 

Proposed Information Collection; 

Request for Comments on an Existing 

Information Collection 

AGENCY: Office of Personnel 

Management. 

ACTION: Notice. 

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995 (Pub. 

L. 104–13, May 22, 1995), this notice 

announces that the Office of Personnel 

Management (OPM) intends to submit to 

the Office of Management and Budget 

(OMB) a request for review of an 

existing information collection. This 

information collection, ‘‘Health Benefits 

Election Form’’ (OMB Control No. 

3206–0141; OPM Form 2809), is used by 

annuitants and former spouses to elect, 

cancel, suspend, or change health 

benefits enrollment during periods other 

than open season. 

Comments are particularly invited on: 

whether this information is necessary 

for the proper performance of functions 

of the Office of Personnel Management, 

and whether it will have practical 

utility; whether our estimate of the 


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