37584 Federal Register / Vol. 65, No. 116 / Thursday, June 15, 2000 / Notices

exposure. Therefore, there are no

significant radiological environmental

impacts associated with the proposed

action.

With regard to potential

nonradiological impacts, the proposed

action does not involve any historic

sites. It does not affect nonradiological

plant effluents and has no other

environmental impact. Therefore, there

are no significant nonradiological

environmental impacts associated with

the proposed action.

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. Denial of the

application would result in no change

in current environmental impacts. As an

additional alternative, the material

could be shipped to an off-site low-level

radioactive waste disposal facility. The

costs associated with off-site disposal

greatly exceeds the cost of on-site

disposal without a compensating

improvement in the environmental

impacts. The environmental impacts of

the proposed action and the alternative

actions 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 Vermont Yankee Nuclear

Power Station.

Agencies and Persons Consulted

In accordance with its stated policy,

on June 8, 2000, the staff consulted with

the Vermont State Official, William

Sherman, of the Department of Public

Service, 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 23, 1999, as supplemented

on January 4, 2000, which are available

for public inspection at the

Commission’s Public Document Room,

The Gelman Building, 2120 L Street,

NW., Washington DC. Publicly available

records will be accessible electronically

from the ADAMS Public Library

component on this NRC Web site, http:/

/www.nrc.gov (the Electronic Reading

Room).

Dated at Rockville, Maryland, this 8th day

of June 2000.

For the Nuclear Regulatory Commission.

Richard P. Croteau,

Project Manager, Section 2, Project

Directorate I, Division of Licensing Project

Management, Office of Nuclear Reactor

Regulation.

[FR Doc. 00–15192 Filed 6–14–00; 8:45 am]

BILLING CODE 7590–01–P

PENSION BENEFIT GUARANTY

CORPORATION

Interest 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 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 June 2000. The interest

assumptions for performing

multiemployer plan valuations

following mass withdrawal under part

4281 apply to valuation dates occurring

in July 2000.

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 June 2000 is 5.23 percent (i.e., 85

percent of the 6.15 percent yield figure

for May 2000).

The following table lists the assumed

interest rates to be used in determining

variable-rate premiums for premium

payment years beginning between July

1999 and June 2000.

For premium payment years

beginning in

The assumed interest rate is

July 1999 .................................. 5.13

August 1999 ............................. 5.08

September 1999 ....................... 5.16

October 1999 ............................ 5.16

November 1999 ........................ 5.32

December 1999 ........................ 5.23

January 2000 ............................ 5.40

February 2000 .......................... 5.64

March 2000 ............................... 5.30

April 2000 ................................. 5.14

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

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

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 July

2000 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 8th day

of June 2000.

David M. Strauss,

Executive Director, Pension Benefit Guaranty

Corporation.

[FR Doc. 00–15119 Filed 6–14–00; 8:45 am]

BILLING CODE 7708–01–P

RAILROAD RETIREMENT BOARD

Sunshine Act Meeting

Notice is hereby given that the

Railroad Retirement Board will hold a