35754 Federal Register / Vol. 78, No. 115 / Friday, June 14, 2013 / Rules and Regulations 

Adoption of the Amendment 

Accordingly, under the authority 

delegated to me by the Administrator, 

the FAA amends 14 CFR part 39 as 

follows: 

PART 39—AIRWORTHINESS 

DIRECTIVES 

■ 1. The authority citation for part 39 

continues to read as follows: 

Authority: 49 U.S.C. 106(g), 40113, 44701. 

§ 39.13 [Amended] 

■ 2. The FAA amends § 39.13 by adding 

the following new AD: 

2013–12–03 Rolls-Royce Deutschland Ltd & 

Co KG (Formerly Rolls-Royce 

Deutschland GmbH, formerly BMW 

Rolls-Royce GmbH): Amendment 39– 

17480; Docket No. FAA–2013–0458; 

Directorate Identifier 2013–NE–19–AD. 

(a) Effective Date 

This airworthiness directive (AD) becomes 

effective June 14, 2013. 

(b) Affected ADs 

None. 

(c) Applicability 

This AD applies to all Rolls-Royce 

Deutschland Ltd & Co KG (RRD) BR700– 

725A1–12 turbofan engines with fuel pump 

tube part number (P/N) FW64852 installed. 

(d) Reason 

This AD was prompted by the discovery 

that cracks have occurred in the affected fuel 

pump tube between the fuel metering unit 

and the main fuel pump. We are issuing this 

AD to prevent loss of fuel supply to the 

engine, which could result in in-flight engine 

shutdown of one or more engines, loss of 

thrust control and damage to the airplane. 

(e) Actions and Compliance 

Unless already done, within 15 days after 

the effective date of the AD, remove fuel 

pump tube P/N FW64852 and replace with 

a part eligible for installation. Guidance on 

removing the affected fuel pump tube can be 

found in RRD Service Bulletin SB–BR700– 

73–101847, dated May 17, 2013. 

(f) Installation Prohibition 

After the effective date of this AD, do not 

install fuel pump tube P/N FW64852 onto 

any engine or install an engine with fuel 

pump tube P/N FW64852 onto any aircraft. 

(g) Alternative Methods of Compliance 

(AMOCs) 

The Manager, Engine Certification Office, 

FAA, may approve AMOCs to this AD. Use 

the procedures found in 14 CFR 39.19 to 

make your request. 

(h) Related Information 

(1) For more information about this AD, 

contact, contact Frederick Zink, Aerospace 

Engineer, Engine Certification Office, FAA, 

Engine & Propeller Directorate, 12 New 

England Executive Park, Burlington, MA 

01803; phone: 781–238–7779; fax: 781–238– 

7199; email: frederick.zink@faa.gov. 

(2) Refer to European Aviation Safety 

Agency AD 2013–0110, dated May 24, 2013, 

and Rolls-Royce Deutschland Ltd & Co KG 

Service Bulletin No. SB–BR700–73–101847, 

dated May 17, 2013, for related information. 

(3) For service information identified in 

this AD, contact Rolls-Royce Deutschland Ltd 

& Co KG, Eschenweg 11, Dahlewitz, 15827 

Blankenfelde-Mahlow, Germany; phone: 49 0 

33–7086–1883; fax: 49 0 33–7086–3276. 

(4) You may view this service information 

at the FAA, Engine & Propeller Directorate, 

12 New England Executive Park, Burlington, 

MA. For information on the availability of 

this material at the FAA, call 781–238–7125. 

(i) Material Incorporated by Reference 

None. 

Issued in Burlington, Massachusetts, on 

June 10, 2013. 

Colleen M. D’Alessandro, 

Assistant Manager, Engine & Propeller 

Directorate, Aircraft Certification Service. 

[FR Doc. 2013–14035 Filed 6–13–13; 8:45 am] 

BILLING CODE 4910–13–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

29 CFR Parts 4022 and 4044 

Allocation of Assets in SingleEmployer Plans; Benefits Payable in 

Terminated Single-Employer Plans; 

Interest Assumptions for Valuing and 

Paying Benefits 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Final rule. 

SUMMARY: This final rule amends the 

Pension Benefit Guaranty Corporation’s 

regulations on Benefits Payable in 

Terminated Single-Employer Plans and 

Allocation of Assets in Single-Employer 

Plans to prescribe interest assumptions 

under the benefit payments regulation 

for valuation dates in July 2013 and 

interest assumptions under the asset 

allocation regulation for valuation dates 

in the third quarter of 2013. The interest 

assumptions are used for valuing and 

paying benefits under terminating 

single-employer plans covered by the 

pension insurance system administered 

by PBGC. 

DATES: Effective July 1, 2013. 

FOR FURTHER INFORMATION CONTACT: 

Catherine B. Klion 

(Klion.Catherine@PBGC.gov), Assistant 

General Counsel for Regulatory Affairs, 

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 

regulations on Allocation of Assets in 

Single-Employer Plans (29 CFR Part 

4044) and Benefits Payable in 

Terminated Single-Employer Plans (29 

CFR Part 4022) prescribe actuarial 

assumptions—including interest 

assumptions—for valuing and paying 

plan benefits under terminating singleemployer plans covered by title IV of 

the Employee Retirement Income 

Security Act of 1974. The interest 

assumptions in the regulations are also 

published on PBGC’s Web site (http:// 

www.pbgc.gov). 

The interest assumptions in Appendix 

B to Part 4044 are used to value benefits 

for allocation purposes under ERISA 

section 4044. 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 asset allocation 

regulation are updated quarterly; 

assumptions under the benefit payments 

regulation are updated monthly. This 

final rule updates the benefit payments 

interest assumptions for July 2013 and 

updates the asset allocation interest 

assumptions for the third quarter (July 

through September) of 2013. 

The third quarter 2013 interest 

assumptions under the allocation 

regulation will be 2.60 percent for the 

first 20 years following the valuation 

date and 3.43 percent thereafter. In 

comparison with the interest 

assumptions in effect for the second 

quarter of 2013, these interest 

assumptions represent no change in the 

select period (the period during which 

the select rate (the initial rate) applies), 

an increase of 0.10 percent in the select 

rate, and an increase of 0.23 percent in 

the ultimate rate (the final rate). 

The July 2013 interest assumptions 

under the benefit payments regulation 

will be 1.25 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 

assumptions in effect for June 2013, 

these interest assumptions represent an 

increase of 0.50 percent in the 

immediate annuity rate and are 

otherwise unchanged. 

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Federal Register / Vol. 78, No. 115 / Friday, June 14, 2013 / Rules and Regulations 35755 

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 valuation 

and payment of benefits under plans 

with valuation dates during July 2013, 

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 

29 CFR Part 4022 

Employee benefit plans, Pension 

insurance, Pensions, Reporting and 

recordkeeping requirements. 

29 CFR Part 4044 

Employee benefit plans, Pension 

insurance, Pensions. 

In consideration of the foregoing, 29 

CFR parts 4022 and 4044 are 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 

237, 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

* * * * * * * 

237 7–1–13 8–1–13 1.25 4.00 4.00 4.00 7 8 

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

237, 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

* * * * * * * 

237 7–1–13 8–1–13 1.25 4.00 4.00 4.00 7 8 

PART 4044—ALLOCATION OF 

ASSETS IN SINGLE-EMPLOYER 

PLANS 

■ 4. The authority citation for part 4044 

continues to read as follows: 

Authority: 29 U.S.C. 1301(a), 1302(b)(3), 

1341, 1344, 1362. 

■ 5. In appendix B to part 4044, a new 

entry for July–September 2013, as set 

forth below, is added to the table. 

Appendix B to Part 4044—Interest Rates 

Used to Value Benefits 

* * * * * 

For valuation dates occurring in the month— 

The values of it are: 

it for t = it for t = it for t = 

* * * * * * * 

July–September 2013 ....................................................... 0.0260 1–20 0.0343 >20 N/A N/A 

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35756 Federal Register / Vol. 78, No. 115 / Friday, June 14, 2013 / Rules and Regulations 

Issued in Washington, DC, on this 11th day 

of June 2013. 

Leslie Kramerich, 

Acting Chief Policy Officer, Pension Benefit 

Guaranty Corporation. 

[FR Doc. 2013–14194 Filed 6–13–13; 8:45 am] 

BILLING CODE 7709–01–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 100 

[Docket No. USCG–2013–0398] 

Special Local Regulations; Recurring 

Marine Events in the Seventh Coast 

Guard District 

AGENCY: Coast Guard, DHS. 

ACTION: Notice of enforcement of 

regulations. 

SUMMARY: The Coast Guard will enforce 

the Fourth of July Fireworks Display 

regulations on certain navigable 

waterways in Hilton Head Island, 

Mount Pleasant, and North Charleston, 

South Carolina, from approximately 8 

p.m. through 11 p.m. on July 4, 2013. 

This action is necessary to ensure safety 

of life on navigable waters of the United 

States during the Fourth of July 

Fireworks Displays. During the 

enforcement period, and in accordance 

with previously issued special local 

regulations, vessels may not enter, 

transit through, anchor in, or remain 

within the designated area unless 

authorized by the Captain of the Port 

Charleston designated representatives. 

DATES: The regulation in 33 CFR 

100.701 Table 1 will be enforced from 

8 p.m. until 11 p.m. July 4, 2013. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this rule, call or 

email CWO Christopher Ruleman, 

Sector Charleston Office of Waterways 

Management, Coast Guard; telephone 

843–740–3184, email 

christopher.l.ruleman@uscg.mil. 

SUPPLEMENTARY INFORMATION: The Coast 

Guard will enforce the special local 

regulations for the Fourth of July 

Fireworks Displays in 33 CFR 100.701 

Table 1 from 8 p.m. through 11 p.m. on 

July 4, 2013. Specifically, this document 

serves as the notice of enforcement for 

the ‘‘Patriots Point Fireworks’’ in Mount 

Pleasant, the ‘‘Skull Creek Fireworks’’ in 

Hilton Head, and the ‘‘City of North 

Charleston Fireworks’’ in North 

Charleston listed in Table 1 to 33 CFR 

100.701. 

Under the provisions of 33 CFR 

100.701, all persons and vessels are 

prohibited from entering the regulated 

areas unless permission to enter has 

been granted by the Captain of the Port 

Charleston. This notice of enforcement 

is to provide notice of regulated areas 

that will encompass portions of the 

navigable waterways. Spectator vessels 

may safely transit outside the regulated 

areas, but may not anchor, block, loiter 

in, or impede the transit of official 

patrol vessels. The Coast Guard may be 

assisted by other Federal, State, or local 

law enforcement agencies in enforcing 

these regulations. 

This notice is issued under authority 

of 33 CFR 100.701 and 5 U.S.C. 552 (a). 

The Coast Guard will provide notice of 

the regulated areas by Local Notice to 

Mariners, Broadcast Notice to Mariners, 

and on-scene designated 

representatives. If the COTP Charleston 

determines that the regulated area need 

not be enforced for the full duration 

stated in this notice, he or she may use 

a Broadcast Notice to Mariners to grant 

general permission to enter the 

regulated area. 

Dated: May 29, 2013. 

M.F. White, 

Captain, U.S. Coast Guard, Captain of the 

Port Charleston. 

[FR Doc. 2013–14118 Filed 6–13–13; 8:45 am] 

BILLING CODE 9110–04–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 117 

[USCG–2013–0425] 

Drawbridge Operation Regulations; 

Harlem River, New York City, NY 

AGENCY: Coast Guard, DHS. 

ACTION: Notice of temporary deviation 

from regulations. 

SUMMARY: The Commander, First Coast 

Guard District, has issued a temporary 

deviation from the regulation governing 

the operation of the Willis Avenue 

Bridge across the Harlem River, mile 

1.5, at the Bronx, New York. The 

deviation is necessary to facilitate 

electrical repairs at the bridge. Under 

this temporary deviation, the bridge 

may remain in the closed position for 

four weeks to facilitate scheduled 

repairs. 

DATES: This deviation is effective from 

June 17, 2013 through July 12, 2013. 

ADDRESSES: The docket for this 

deviation, [USCG–2013–0425] is 

available at http://www.regulations.gov. 

Type the docket number in the 

‘‘SEARCH’’ box and click ‘‘SEARCH.’’ 

Click on Open Docket Folder on the line 

associated with this deviation. You may 

also visit the Docket Management 

Facility in Room W12–140, on the 

ground floor of the Department of 

Transportation West Building, 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 

deviation, call or email Mr. Joe Arca, 

Project Officer, First Coast Guard 

District, joe.m.arca@uscg.mil, or (212) 

668–7165. If you have questions on 

viewing the docket, call Barbara 

Hairston, Program Manager, Docket 

Operations, telephone 202–366–9826. 

SUPPLEMENTARY INFORMATION: The Willis 

Avenue Bridge has a vertical clearance 

of 24 feet at mean high water and 30 feet 

at mean low water in the closed 

position. The existing drawbridge 

operating regulations are found at 33 

CFR 117.789(b)(2). 

The bridge owner, New York City 

Department of Transportation, requested 

a four week closure from June 17, 2013 

through July 12, 2013, to facilitate 

electrical repairs at the bridge. 

The waterway users are commercial 

tug and barge traffic as well as various 

sized recreational craft. Local facilities 

were advised of the closures with no 

objections received. 

In accordance with 33 CFR 117.35(e), 

the bridge must return to its regular 

operating schedule immediately at the 

end of the designated repair period. 

This deviation from the operating 

regulations is authorized under 33 CFR 

117.35. 

Dated: June 5, 2013. 

Gary Kassof, 

Bridge Program Manager, First Coast Guard 

District. 

[FR Doc. 2013–14117 Filed 6–13–13; 8:45 am] 

BILLING CODE 9110–04–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 117 

[USCG–2013–0464] 

Drawbridge Operation Regulations; 

Charles River, Boston, MA 

AGENCY: Coast Guard, DHS. 

ACTION: Notice of temporary deviation 

from regulations. 

SUMMARY: The Commander, First Coast 

Guard District, has issued a temporary 

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