Federal Register / Vol. 69, No. 240 / Wednesday, December 15, 2004 / Notices 75091

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

2 17 CFR 240.12d2–2(d).

participate in these public meetings, or 

need this meeting notice or the 

transcript or other information from the 

public meetings in another format (e.g.,

braille, large print), please notify the 

NRC’s Disability program Coordinator, 

August Spector, at 301–415–7080, TDD: 

301–415–2100, or by e-mail at 

aks@nrc.gov. Determinations on 

requests for reasonable accommodation 

will be made on a case-by-case basis.

* * * * *

This notice is distributed by mail to 

several hundred subscribers; if you no 

longer wish to receive it, or would like 

to be added to the distribution, please 

contact the Office of the Secretary, 

Washington, DC 20555 (301–415–1969). 

In addition, distribution of this meeting 

notice over the Internet system is 

available. If you are interested in 

receiving this Commission meeting 

schedule electronically please send an 

electronic message to dkw@nrc.gov.

Dated: December 10, 2004. 

Sandy Joosten, 

Office of the Secretary.

[FR Doc. 04–27491 Filed 12–13–04; 9:24 am] 

BILLING CODE 7590–01–M

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 

2004. The interest assumptions for 

performing multiemployer plan 

valuations following mass withdrawal 

under part 4281 apply to valuation dates 

occurring in January 2005.

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. 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 2004 is 4.75 

percent (i.e., 85 percent of the 5.59 

percent composite corporate bond rate 

for November 2004 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 2004 and December 2004.

For premium payment years 

beginning in: 

The required 

interest rate is: 

January 2004 ........................ 4.94 

February 2004 ...................... 4.83 

March 2004 ........................... 4.79 

April 2004 ............................. 4.62 

May 2004 .............................. 4.98 

June 2004 ............................. 5.26 

July 2004 .............................. 5.25 

August 2004 ......................... 5.10 

September 2004 ................... 4.95 

October 2004 ........................ 4.79 

November 2004 .................... 4.73 

December 2004 .................... 4.75 

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 

2005 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 December 2004. 

Joseph H. Grant, 

Deputy Executive Director and Chief 

Operating Officer, Pension Benefit Guaranty 

Corporation.

[FR Doc. 04–27444 Filed 12–14–04; 8:45 am] 

BILLING CODE 7708–01–P

SECURITIES AND EXCHANGE 

COMMISSION 

Issuer Delisting; Notice of Application 

of Plymouth Rubber Company To 

Withdraw Its Class A and Class B 

Common Stock, $.01 par Value, From 

Listing and Registration on the 

American Stock Exchange LLC File No. 

1–05197 

December 9, 2004. 

On November 30, 2004, Plymouth 

Rubber Company, Inc., a Massachusetts 

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 class A and 

class B common stock, $.01 par value 

(‘‘Securities’’), from listing and 

registration on the American Stock 

Exchange LLC (‘‘Amex’’).

The Issuer states that the reasons it is 

taking such action to withdraw its 

Securities from listing and registration 

on the Amex are as follows: (i) The 

Issuer’s current non-compliance with 

certain Amex quantitative standards for 

continued listing; and (ii) the likely 

inability of the Issuer to regain 

compliance with Amex quantitative 

standards, in accordance with a plan of 

compliance the Issuer submitted to 

Amex, which the Amex approved in 

2003, by the end of the current fiscal 

year on December 3, 2004. The Issuer 

states that it is currently considering the 

alternative over-the-counter markets to 

trade the Securities. 

The Issuer states in its application 

that it has met the requirements of 

Amex Rule 18 by complying with all 

applicable laws in the State of 

Massachusetts, in which it is 

incorporated, and with the Amex’s rules 

governing an issuer’s voluntary