7622 Federal Register / Vol. 68, No. 31 / Friday, February 14, 2003 / Notices 

AGENDA: 

March 6, 2003

Introduction (R. Casten) 

Report from DOE 

Report from NSF 

Discussion of long-range priorities charge 

from DOE Office of Science 

Introduction of additional charges 

Public Comment 

March 7, 2003

Continued Discussion of additional charges

Dated: February 11, 2003. 

Susanne Bolton, 

Committee Management Officer.

[FR Doc. 03–3724 Filed 2–13–03; 8:45 am] 

BILLING CODE 7555–01–M

NUCLEAR REGULATORY 

COMMISSION 

[Docket No. 50–346; License No. NPF–3] 

FirstEnergy Nuclear Operating 

Company, Davis-Besse Nuclear Power 

Station, Unit 1; Receipt of Request for 

Action Under 10 CFR 2.206 

Notice is hereby given that by petition 

dated February 3, 2003, Congressman 

Dennis J. Kucinich (petitioner) of the 

United States House of Representatives 

has requested that the U.S. Nuclear 

Regulatory Commission (NRC) revoke 

the FirstEnergy Nuclear Operating 

Company’s (FirstEnergy’s) license to 

operate the Davis-Besse Nuclear Power 

Station in Oak Harbor, Ohio. 

As the basis for this request, the 

petitioner states that FirstEnergy ‘‘has 

operated outside the parameters of their 

operating license for several years, has 

violated numerous federal laws, rules 

and regulations, and has hidden 

information from the NRC and lied to 

the NRC to justify the continuing 

operation of the Davis-Besse Nuclear 

Power Station.’’

The request is being treated pursuant 

to 10 CFR 2.206 of the Commission’s 

regulations. The request has been 

referred to the Director of the NRC’s 

Office of Nuclear Reactor Regulation 

(NRR). As provided by Section 2.206, 

appropriate action will be taken on this 

petition within a reasonable time. 

A copy of the petition is available in 

the Agencywide Documents Access and 

Management System (ADAMS) for 

inspection at the Commission’s Public 

Document Room (PDR), located at One 

White Flint North, 11555 Rockville Pike 

(first floor), Rockville, Maryland, and 

from the ADAMS Public Library 

component on the NRC’s Web site, 

http://www.nrc.gov/reading-rm/

adams.html (the Public Electronic 

Reading Room) using the Accession No. 

ML030370067. Persons who do not have 

access to ADAMS or who encounter 

problems in accessing the documents 

located in ADAMS, should contact the 

NRC’s PDR Reference staff by telephone 

at 1–800–397–4209 or 301–415–4737, or 

by e-mail to pdr@nrc.gov.

Dated at Rockville, Maryland this 10th day 

of February 2003. 

For the Nuclear Regulatory Commission. 

Samuel J. Collins, 

Director, Office of Nuclear Reactor 

Regulation.

[FR Doc. 03–3688 Filed 2–13–03; 8:45 am] 

BILLING CODE 7590–01–P

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 February 

2003. The interest assumptions for 

performing multiemployer plan 

valuations following mass withdrawal 

under part 4281 apply to valuation dates 

occurring in March 2003.

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. The required interest rate is 

the ‘‘applicable percentage’’ (currently 

100 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’’). (Although 

the Treasury Department has ceased 

issuing 30-year securities, the Internal 

Revenue Service announces a surrogate 

yield figure each month—based on the 

30-year Treasury bond maturing in 

February 2031—which the PBGC uses to 

determine the required interest rate.) 

The required interest rate to be used 

in determining variable-rate premiums 

for premium payment years beginning 

in February 2003 is 4.94 percent. 

The following table lists the required 

interest rates to be used in determining 

variable-rate premiums for premium 

payment years beginning between 

March 2002 and February 2003.

For premium payment 

years beginning in—

The required interest rate is—

March 2002 ....................... 5.40

April 2002 ......................... 5.71

May 2002 .......................... 5.68

June 2002 ......................... 5.65

July 2002 .......................... 5.52

August 2002 ..................... 5.39

September 2002 ............... 5.08

October 2002 .................... 4.76

November 2002 ................ 4.93

December 2002 ................ 4.96

January 2003 .................... 4.92

February 2003 .................. 4.94

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 March 

2003 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 7th day 

of February 2003. 

Joseph H. Grant, 

Deputy Executive Director and Chief, 

Operating Officer, Pension Benefit Guaranty 

Corporation.

[FR Doc. 03–3690 Filed 2–13–03; 8:45 am] 

BILLING CODE 7708–01–P