74380 Federal Register / Vol. 70, No. 240 / Thursday, December 15, 2005 / Notices 

1 15 U.S.C. 78l(d). 

2 17 CFR 240.12d2–2(d). 

significantly affected. Therefore, the 

publication of a notice of proposed 

action and an opportunity for hearing or 

a notice of hearing is not warranted. 

Notice is hereby given of the right of 

interested persons to request a hearing 

on whether the action should be 

rescinded or modified. Also in 

connection with this action, the 

Commission determined that the action 

could be classified as a Categorical 

Exemption under 10 CFR 51.22(c)(11). 

Further Information 

The NRC has prepared a Safety 

Evaluation Report (SER) that documents 

the information that was reviewed and 

NRC’s conclusion. In accordance with 

10 CFR 2.390 of NRC’s ‘‘Rules of 

Practice,’’ final NRC records and 

documents regarding this proposed 

action including the amendment request 

dated September 15, 2004, and the SER 

are publically available in the records 

component of NRC’s Agencywide 

Documents Access and Management 

System (ADAMS). These documents 

may be inspected at NRC’s Public 

Electronic Reading Room on the Internet 

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

adams.html. These documents may also 

be viewed electronically on the public 

computers, located at the NRC Public 

Document Room (PDC), O1F21, One 

White Flint North, 11555 Rockville 

Pike, Rockville, MD 20852. The PDR 

reproduction contractor will copy 

document for a fee. Persons who do not 

have access to ADAMS or who 

encounter problems in accessing the 

documents located in ADAMS, should 

contact the NRC PDR Reference staff by 

telephone at 1–800–397–4209 or (301) 

415–4737, or by e-mail to pdr@nrc.gov. 

Dated at Rockville, Maryland, this 5th day 

of December 2005. 

For the Nuclear Regulatory Commission. 

Jill S. Caverly, 

Project Manager, Licensing Section, Spent 

Fuel Project Office, Office of Nuclear Material 

Safety and Safeguards. 

[FR Doc. E5–7389 Filed 12–14–05; 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 December 

2005. The interest assumptions for 

performing multiemployer plan 

valuations following mass withdrawal 

under part 4281 apply to valuation dates 

occurring in January 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. Pursuant to the Pension 

Funding Equity Act of 2004, for 

premium payment years beginning in 

2004 or 2005, the required interest rate 

is the ‘‘applicable percentage’’

(currently 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. 

Thus, the required interest rate to be 

used in determining variable-rate 

premiums for premium payment years 

beginning in December 2005 is 4.91 

percent (i.e., 85 percent of the 5.78 

percent composite corporate bond rate 

for November 2005 as determined by the 

Treasury). 

The following table lists the required 

interest rates to be used in determining 

variable-rate premiums for premium 

payment years beginning between 

January 2005 and December 2005. 

For premium payment years 

beginning in: 

The required 

interest rate is: 

January 2005 ........................ 4.73 

February 2005 ...................... 4.66 

March 2005 ........................... 4.56 

April 2005 ............................. 4.78 

May 2005 .............................. 4.72 

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 

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 January 

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 12th day 

of December 2005. 

Vincent K. Snowbarger, 

Deputy Executive Director, Pension Benefit 

Guaranty Corporation. 

[FR Doc. 05–24089 Filed 12–14–05; 8:45 am] 

BILLING CODE 7708–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Issuer Delisting; Notice of Application 

of Rockwell Automation, Inc., To 

Withdraw Its Common Stock, $1.00 Par 

Value, (Including the Associated 

Preferred Share Purchase Rights) 

From Listing and Registration on the 

Pacific Exchange, Inc. File No. 1–12383 

December 8, 2005. 

On December 1, 2005, Rockwell 

Automation, Inc., a Delaware 

corporation (‘‘Issuer’’), filed an 

application with the Securities and 

Exchange Commission (‘‘Commission’’), 

pursuant to section 12(d) of the 

Securities Exchange Act of 1934 

(‘‘Act’’) 1 and Rule 12d2–2(d) 

thereunder,2 to withdraw its common 

stock, $1.00 par value (including the 

associated Preferred Share Purchase 

Rights) (‘‘Security’’), from listing and