Federal Register / Vol. 66, No. 72 / Friday, April 13, 2001 / Notices 19247

released offsite, and there is no

significant increase in the allowable

individual or cumulative occupational

radiation exposure. The consequences

of the postulated design basis accidents

related to fuel handling and cask drop

accidents will be greater than previously

evaluated. However, the NRC considers

NNECO’s approach taken to calculate

the dose analysis was conservative and

conformed to the NRC Regulatory Guide

1.25. Furthermore, the consequences

remain well within 10 CFR Part 100

doses (25 percent of 10 CFR Section

100.11(a)(1)) for offsite releases.

Therefore, the TS changes will not

significantly increase the consequences

of any fuel handling or cask drop

accidents.

With regard to potential nonradiological impacts, the proposed

action does not involve any historic

sites. It does not affect non-radiological

plant effluents and has no other

environmental impact. Therefore, there

are no significant non-radiological

environmental impacts associated with

the proposed amendment.

Accordingly, the NRC concludes that

there are no significant environmental

impacts associated with the proposed

action.

Alternatives to the Proposed Action

As an alternative to the proposed

action, the staff considered denial of the

proposed action (i.e., the ‘‘no-action’’

alternative). Denial of the application

would result in no significant change in

current environmental impacts. Such

action would not enhance the protection

of the environment and would result in

unjustified hardship to the licensee. The

environmental impacts of the proposed

action and the alternative action are

similar.

Alternative Use of Resources

This action does not involve the use

of any resources not previously

considered in the Final Environmental

Statement for the Millstone Nuclear

Power Station, Unit No. 3.

Agencies and Persons Consulted

In accordance with its stated policy,

on January 25, 2001, the staff consulted

with the Connecticut State official,

Michael Firsick of the Division of

Radiation, Department of Environmental

Protection, regarding the environmental

impact of the proposed action. The State

official had no comments.

Finding of No Significant Impact

On the basis of the environmental

assessment, the NRC concludes that the

proposed action will not have a

significant effect on the quality of the

human environment. Accordingly, the

NRC has determined not to prepare an

environmental impact statement for the

proposed action.

For further details with respect to the

proposed action, see the licensee’s letter

dated June 29, 2000, as supplemented

by letters dated October 16, 2000, and

January 25, 2001. Documents may be

examined, and/or copied for a fee, at the

NRC’s Public Document Room, located

at One White Flint North, 11555

Rockville Pike (first floor), Rockville,

Maryland. Publicly available records

will be accessible electronically from

the ADAMS Public Library component

on the NRC Web site, http://

www.nrc.gov(the Electronic Reading

Room).

Dated at Rockville, Maryland, this 9th day

of April 2001.

For the Nuclear Regulatory Commission.

Victor Nerses, Sr.,

Project Manager, Section 2, Project

Directorate I, Division of Licensing Project

Management, Office of Nuclear Reactor

Regulation.

[FR Doc. 01–9161 Filed 4–12–01; 8:45 am]

BILLING CODE 7590–01–P

PENSION BENEFIT GUARANTY

CORPORATION

Interest Assumption for Determining

Variable-Rate Premium; Interest on

Late Premium Payments; Interest on

Underpayments and Overpayments of

Single-Employer Plan Termination

Liability and Multiemployer Withdrawal

Liability; 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 are derivable 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 interest rate for determining

the variable-rate premium under part

4006 applies to premium payment years

beginning in April 2001. The interest

assumptions for performing

multiemployer plan valuations

following mass withdrawal under part

4281 apply to valuation dates occurring

in May 2001. The interest rates for late

premium payments under part 4007 and

for underpayments and overpayments of

single-employer plan termination

liability under part 4062 and

multiemployer withdrawal liability

under part 4219 apply to interest

accruing during the second quarter

(April through June) of 2001.

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. (For TTY/TDD

users, 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 in

determining a single-employer plan’s

variable-rate premium. The rate is the

‘‘applicable percentage’’ (currently 85

percent) of the annual yield on 30-year

Treasury securities for the month

preceding the beginning of the plan year

for which premiums are being paid (the

‘‘premium payment year’’). The yield

figure is reported in Federal Reserve

Statistical Releases G.13 and H.15.

The assumed interest rate to be used

in determining variable-rate premiums

for premium payment years beginning

in April 2001 is 4.54 percent (i.e., 85

percent of the 5.34 percent yield figure

for March 2001).

The following table lists the assumed

interest rates to be used in determining

variable-rate premiums for premium

payment years beginning between May

2000 and April 2001.

For premium payment years

beginning in:

The assumed interest rate is:

May 2000 .................................. 4.97

June 2000 ................................. 5.23

July 2000 .................................. 5.04

August 2000 ............................. 4.97

September 2000 ....................... 4.86

October 2000 ............................ 4.96

November 2000 ........................ 4.93

December 2000 ........................ 4.91

January 2001 ............................ 4.67

February 2001 .......................... 4.71

March 2001 ............................... 4.63

April 2001 ................................. 4.54

19248 Federal Register / Vol. 66, No. 72 / Friday, April 13, 2001 / Notices

Late Premium Payments;

Underpayments and Overpayments of

Single-Employer Plan Termination

Liability

Section 4007(b) of ERISA and

§ 4007.7(a) of the PBGC’s regulation on

Payment of Premiums (29 CFR part

4007) require the payment of interest on

late premium payments at the rate

established under section 6601 of the

Internal Revenue Code. Similarly,

§ 4062.7 of the PBGC’s regulation on

Liability for Termination of Singleemployer Plans (29 CFR part 4062)

requires that interest be charged or

credited at the section 6601 rate on

underpayments and overpayments of

employer liability under section 4062 of

ERISA. The section 6601 rate is

established periodically (currently

quarterly) by the Internal Revenue

Service. The rate applicable to the

second quarter (April through June) of

2001, as announced by the IRS, is 8

percent.

The following table lists the late

payment interest rates for premiums and

employer liability for the specified time

periods:

From— Through—

Interest

rate

(percent)

4/1/95 .............. 6/30/95 ............ 10

7/1/95 .............. 3/31/96 ............ 9

4/1/96 .............. 6/30/96 ............ 8

7/1/96 .............. 3/31/98 ............ 9

4/1/98 .............. 12/31/98 .......... 8

1/1/99 .............. 3/31/99 ............ 7

4/1/99 .............. 3/31/00 ............ 8

4/1/00 .............. 3/31/01 ............ 9

4/1/01 .............. 6/30/01 ............ 8

Underpayments and Overpayments of

Multiemployer Withdrawal Liability

Section 4219.32(b) of the PBGC’s

regulation on Notice, Collection, and

Redetermination of Withdrawal

Liability (29 CFR part 4219) specifies

the rate at which a multiemployer plan

is to charge or credit interest on

underpayments and overpayments of

withdrawal liability under section 4219

of ERISA unless an applicable plan

provision provides otherwise. For

interest accruing during any calendar

quarter, the specified rate is the average

quoted prime rate on short-term

commercial loans for the fifteenth day

(or the next business day if the fifteenth

day is not a business day) of the month

preceding the beginning of the quarter,

as reported by the Board of Governors

of the Federal Reserve System in

Statistical Release H.15 (‘‘Selected

Interest Rates’’). The rate for the second

quarter (April through June) of 2001

(i.e., the rate reported for March 15,

2001) is 8.50 percent.

The following table lists the

withdrawal liability underpayment and

overpayment interest rates for the

specified time periods:

From— Through—

Interest

rate

(percent)

4/1/95 .............. 9/30/95 ............ 9.00

10/1/95 ............ 3/31/96 ............ 8.75

4/1/96 .............. 6/30/97 ............ 8.25

7/1/97 .............. 12/31/98 .......... 8.50

1/1/99 .............. 9/30/99 ............ 7.75

10/1/99 ............ 12/31/99 .......... 8.25

1/1/00 .............. 3/31/00 ............ 8.50

4/1/00 .............. 6/30/00 ............ 8.75

7/1/00 .............. 3/31/01 ............ 9.50

4/1/01 .............. 6/30/01 ............ 8.50

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 May

2001 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 April 2001.

John Seal,

Acting Executive Director, Pension Benefit

Guaranty Corporation.

[FR Doc. 01–9194 Filed 4–12–01; 8:45 am]

BILLING CODE 7708–01–P

OFFICE OF PERSONNEL

MANAGEMENT

Proposed Collection; Comment

Request for Reclearance of a Revised

Information Collection: RI 98–7

AGENCY: Office of Personnel

Management.

ACTION: Notice.

SUMMARY: In accordance with the

Paperwork Reduction Act of 1995

(Public Law 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

reclearance of a revised information

collection. RI 98–7, We Need Important

Information About Your Eligibility for

Social Security Disability Benefits, is

used to verify receipt of Social Security

Administration (SSA) disability

benefits, make necessary adjustments to

the Federal Employees Retirement

System (FERS) disability benefit, and to

notify the retiree of any overpayment

amount payable to OPM. It also

specifically notifies the retiree of his or

her responsibility to notify OPM of his

or her Social Security status and the

consequences of non-notification.

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 of

information 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

the use of appropriate technological

collection techniques or other forms of

information technology.

Approximately 2,200 RI 98–7 forms

will be completed annually. We

estimate it takes approximately 5

minutes to complete the form. The

annual burden is 183 hours.

For copies of this proposal, contact

Mary Beth Smith-Toomey on (202) 606–

8358, or email to mbtoomey@opm.gov.

DATES: Comments on this proposal

should be received on or before June 12,

2001.

ADDRESSES: Send or deliver comments

to John W. Crawford, Chief, FERS

Division, Retirement and Insurance

Service, U.S. Office of Personnel

Management, 1900 E Street, NW., Room

3313, Washington, DC 20415–3520.

FOR INFORMATION REGARDING

ADMINISTRATIVE COORDINATION CONTACT:

Donna G. Lease, Budget and

Administrative Services Division, (202)

606–0623.

U.S. Office of Personnel Management.

Steven R. Cohen,

Acting Director.

[FR Doc. 01–9128 Filed 4–12–01; 8:45 am]

BILLING CODE 6325–50–P

OFFICE OF PERSONNEL

MANAGEMENT

Submission for OMB Review; Request

for Reinstatement of Revised Optional

Forms: OPM Form OF 510, Applying

for a Federal Job, and OPM Form OF

612, Optional Application for Federal

Employment

AGENCY: Office of Personnel

Management.

ACTION: Notice.