70170 Federal Register / Vol. 80, No. 219 / Friday, November 13, 2015 / Rules and Regulations 

which we bind ourselves, our heirs, 

executors, administrators, successors, and 

assigns, jointly and severally, by these 

conditions. 

WITNESS our hands and seals this __day 

of ll, 20__. WHEREAS, the principal 

(including the principal’s employees, agents, 

and contractors) desires access to airport 

customs security areas; 

Now, Therefore, the Condition of this 

Obligation is Such That— 

The principal agrees to comply with the 

CBP regulations applicable to customs 

security areas at airports. If the principal 

defaults on the condition of this obligation, 

the principal and surety, jointly and 

severally, agree to pay liquidated damages of 

$1,000 for each default; or such other amount 

as may be authorized by law or regulation. 

This bond is effective ___, 20ll, and 

remains in force for one year beginning with 

the effective date and for each succeeding 

annual period, or until terminated. This bond 

constitutes a separate bond for each annual 

period in the amount listed above for 

liabilities that accrue in each annual period. 

Signed, Sealed, and Delivered in the 

Presence of — 

Name 

Address 

Name 

Address 

Principal (SEAL) 

Name 

Address 

Name 

Address 

Name 

Address 

Surety (SEAL) 

Name 

Address 

Appendix B to Part 113 [Amended] 

■ 55. Appendix B to Part 113 is 

amended by removing the word 

‘‘Customs’’ each place that it appears 

and adding in its place the term ‘‘CBP’’. 

Appendix C to Part 113 [Amended] 

■ 56. Appendix C to Part 113 is 

amended by removing the word 

‘‘Customs’’ each place that it appears 

and adding in its place the term ‘‘CBP’’. 

PART 133—TRADEMARKS, TRADE 

NAMES, AND COPYRIGHTS 

■ 57. The general and specific authority 

citations for part 133 continue to read as 

follows: 

Authority: 15 U.S.C. 1124, 1125, 1127; 17 

U.S.C. 101, 601, 602, 603; 19 U.S.C. 66, 1202, 

1499, 1526, 1624; 31 U.S.C. 9701; 

* * * * * 

Sections 133.21 through 133.25 also issued 

under 18 U.S.C. 1905; Sec. 818(g), Pub. L. 

112–81. 

* * * * * 

■ 58. In § 133.25, paragraph (c) is 

revised to read as follows: 

§ 133.25 Procedure on detention of articles 

subject to restriction. 

* * * * * 

(c) Disclosure to the trademark or 

trade name owner. At any time 

following presentation of the 

merchandise for CBP’s examination, but 

prior to seizure, CBP may release a 

sample of the suspect merchandise to 

the owner of the trademark or trade 

name for examination or testing to assist 

in determining whether the article 

imported bears an infringing trademark 

or trade name. To obtain a sample under 

this paragraph, the owner of the mark 

must furnish to CBP a bond in the form 

and amount specified by CBP, 

conditioned to indemnify the importer 

or owner of the imported article against 

any loss or damage resulting from the 

furnishing of the sample by CBP to the 

owner of the mark. CBP may demand 

the return of the sample at any time. 

The owner must return the sample to 

CBP upon demand or at the conclusion 

of the examination or testing, whichever 

occurs sooner. In the event that the 

sample is damaged, destroyed, or lost 

while in the possession of the trademark 

or trade name owner, the owner must, 

in lieu of returning the sample, certify 

to CBP that: ‘‘The sample described as 

[insert description] and provided 

pursuant to 19 CFR 133.25(c) was 

(damaged/destroyed/lost) during 

examination or testing for trademark 

infringement.’’ 

* * * * * 

R. Gil Kerlikowske, 

Commissioner. 

Approved: November 4, 2015. 

Timothy E. Skud, 

Deputy Assistant Secretary of the Treasury. 

[FR Doc. 2015–28503 Filed 11–12–15; 8:45 am] 

BILLING CODE 9111–14–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

29 CFR Part 4022 

Benefits Payable in Terminated SingleEmployer Plans; Interest Assumptions 

for Paying Benefits 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Final rule. 

SUMMARY: This final rule amends the 

Pension Benefit Guaranty Corporation’s 

regulation on Benefits Payable in 

Terminated Single-Employer Plans to 

prescribe interest assumptions under 

the regulation for valuation dates in 

December 2015. The interest 

assumptions are used for paying 

benefits under terminating singleemployer plans covered by the pension 

insurance system administered by 

PBGC. 

DATES: Effective December 1, 2015. 

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 

regulation on Benefits Payable in 

Terminated Single-Employer Plans (29 

CFR part 4022) prescribes actuarial 

assumptions—including interest 

assumptions—for paying plan benefits 

under terminating single-employer 

plans covered by title IV of the 

Employee Retirement Income Security 

Act of 1974. The interest assumptions in 

the regulation are also published on 

PBGC’s Web site (http://www.pbgc.gov). 

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 benefit 

payments regulation are updated 

monthly. This final rule updates the 


jstallworth on DSK7TPTVN1PROD with RULES
Federal Register / Vol. 80, No. 219 / Friday, November 13, 2015 / Rules and Regulations 70171 

1Appendix B to PBGC’s regulation on Allocation 

of Assets in Single-Employer Plans (29 CFR part 

4044) prescribes interest assumptions for valuing 

benefits under terminating covered single-employer 

plans for purposes of allocation of assets under 

ERISA section 4044. Those assumptions are 

updated quarterly. 

benefit payments interest assumptions 

for December 2015.1

The December 2015 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 November 

2015, these interest assumptions are 

unchanged. 

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 payment of 

benefits under plans with valuation 

dates during December 2015, 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 in 29 CFR Part 4022 

Employee benefit plans, Pension 

insurance, Pensions, Reporting and 

recordkeeping requirements. 

In consideration of the foregoing, 29 

CFR part 4022 is 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 

266, 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

*******

266 .................................... 12–1–15 1–1–16 1.25 4.00 4.00 4.00 7 8 

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

266, 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

*******

266 ................................... 12–1–15 1–1–16 1.25 4.00 4.00 4.00 7 8 

Issued in Washington, DC, on this 6th day 

of November 2015. 

Judith Starr, 

General Counsel, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2015–28763 Filed 11–12–15; 8:45 am] 

BILLING CODE 7709–02–P 

ENVIRONMENTAL PROTECTION 

AGENCY 

40 CFR Part 721 

[EPA–HQ–OPPT–2014–0649; FRL–9935–43] 

RIN 2070–AB27 

Modification of Significant New Uses 

of Certain Chemical Substances 

AGENCY: Environmental Protection 

Agency (EPA). 

ACTION: Final rule. 

SUMMARY: EPA is amending the 

significant new use rules (SNURs) under 

section 5(a)(2) of the Toxic Substances 

Control Act (TSCA) for five chemical 

substances which were the subject of 

premanufacture notices (PMNs). This 

action amends the SNURs to allow 

certain uses without requiring a 

significant new use notice (SNUN), and 

extends SNUN requirements to certain 

additional uses. EPA is amending these 

SNURs based on review of new data for 

each chemical substance. This action 

requires persons who intend to 

manufacture (including import) or 

process any of these chemical 

substances for an activity that is 

designated as a significant new use by 

this rule to notify EPA at least 90 days 

before commencing that activity. The 

required notification would provide 

EPA with the opportunity to evaluate 

the intended use and, if necessary, to 


jstallworth on DSK7TPTVN1PROD with RULES