Federal Register / Vol. 70, No. 156 / Monday, August 15, 2005 / Rules and Regulations 47725

TABLE 3.—MATERIAL INCORPORATED

BY REFERENCE—Continued

Alert customer

bulletin, including

Gulfstream drawing 

1159SB50018 

Date 

Gulfstream G400 Alert 

Customer Bulletin 33.

June 13, 2005. 

Gulfstream G450 Alert 

Customer Bulletin 2.

June 13, 2005. 

Gulfstream G500 Alert 

Customer Bulletin 3.

June 13, 2005. 

Gulfstream G550 Alert 

Customer Bulletin 3.

June 13, 2005. 

Issued in Renton, Washington, on August 

4, 2005. 

Kevin M. Mullin, 

Acting Manager, Transport Airplane 

Directorate, Aircraft Certification Service.

[FR Doc. 05–16003 Filed 8–12–05; 8:45 am] 

BILLING CODE 4910–13–P

DEPARTMENT OF COMMERCE

Office of the Secretary 

15 CFR Part 4 

[Docket No. 050715188–5188–01] 

RIN: 0605–AA20 

Disclosure of Government Information; 

Change in Designated Official

AGENCY: Department of Commerce.

ACTION: Final rule.

SUMMARY: This rule amends the 

Department of Commerce’s 

(Department) Freedom of Information 

Act (FOIA) regulations by changing the 

official authorized to deny requests for 

records under the Freedom of 

Information Act, and requests for 

correction or amendment under the 

Privacy Act (PA), for the Bureau of the 

Census.

DATES: Effective August 15, 2005.

FOR FURTHER INFORMATION CONTACT:

Rochelle Wilkie Martinez, Acting Chief, 

Policy Office, U.S. Census Bureau, 301–

763–3461.

SUPPLEMENTARY INFORMATION: Appendix 

B to 15 CFR part 4 designates the 

officials authorized to deny requests for 

records under the FOIA, and requests 

for records and requests for correction 

or amendment under the PA. In order to 

change the designated official for the 

Bureau of the Census, we are amending 

the regulations. 

Classification 

It has been determined that this notice 

is not significant for purposes of E.O. 

12866. 

It has been determined that this notice 

does not contain policies with 

Federalism implications as that term is 

defined in EO 13132. 

Prior notice and an opportunity for 

public comment are not required by the 

Administrative Procedure Act for rules 

concerning agency organization, 

procedure, or practice (5 U.S.C. 

553(b)(A)). The Department finds good 

cause to waive the 30-day delay in 

effectiveness because it is unnecessary. 

This rule merely changes the name of 

the official who is authorized to deny 

requests for records under the Freedom 

of Information Act, and requests for 

correction or amendment under the 

Privacy Act. 5 U.S.C. (d)(3). 

Because notice and opportunity for 

comment are not required pursuant to 5 

U.S.C. 553 or any other law, the 

analytical requirements of the 

Regulatory Flexibility Act (5 U.S.C. 601 

et seq.) are inapplicable. Therefore, a 

regulatory flexibility analysis is not 

required and has not been prepared.

List of Subjects in 15 CFR Part 4 

Freedom of information, Privacy.

■ For the reasons above, amend 

appendix B to 15 CFR part 4 as follows:

PART 4—DISCLOSURE OF 

GOVERNMENT INFORMATION

■ 1. The authority citation for part 4 

continues to read as follows:

Authority: 5 U.S.C. 301; 5 U.S.C. 552; 5 

U.S.C. 552a; 5 U.S.C. 553; 31 U.S.C. 3717; 44 

U.S.C. 3101; Reorganization Plan No. 5 of 

1950.

Appendix B to Part 4—Officials 

Authorized To Deny Requests for 

Records Under the Freedom of 

Information Act, and Requests for 

Records and Requests for Correction or 

Amendment Under the Privacy Act

■ 2. In Appendix B to part 4, under the 

heading ECONOMICS AND 

STATISTICS ADMINISTRATION, 

remove ‘‘Bureau of the Census: Chief, 

Policy Office’’ and add in its place 

‘‘Bureau of the Census: Manager, 

Freedom of Information Act’’.

Dated: August 9, 2005. 

Brenda Dolan, 

Departmental Freedom of Information and 

Privacy Act Officer.

[FR Doc. 05–16093 Filed 8–12–05; 8:45 am] 

BILLING CODE 3510–17–P

PENSION BENEFIT GUARANTY 

CORPORATION 

29 CFR Parts 4022 and 4044

Benefits Payable in Terminated SingleEmployer Plans; Allocation of Assets 

in Single-Employer Plans; Interest 

Assumptions for Valuing and Paying 

Benefits

AGENCY: Pension Benefit Guaranty 

Corporation.

ACTION: Final rule.

SUMMARY: The Pension Benefit Guaranty 

Corporation’s regulations on Benefits 

Payable in Terminated Single-Employer 

Plans and Allocation of Assets in 

Single-Employer Plans prescribe interest 

assumptions for valuing and paying 

benefits under terminating singleemployer plans. This final rule amends 

the regulations to adopt interest 

assumptions for plans with valuation 

dates in September 2005. Interest 

assumptions are also published on the 

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

DATES: Effective September 1, 2005.

FOR FURTHER INFORMATION CONTACT:

Catherine B. Klion, Attorney, Legislative 

and Regulatory Department, 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: The 

PBGC’s regulations prescribe actuarial 

assumptions—including interest 

assumptions—for valuing and paying 

plan benefits of terminating singleemployer plans covered by title IV of 

the Employee Retirement Income 

Security Act of 1974. The interest 

assumptions are intended to reflect 

current conditions in the financial and 

annuity markets. 

Three sets of interest assumptions are 

prescribed: (1) A set for the valuation of 

benefits for allocation purposes under 

section 4044 (found in Appendix B to 

Part 4044), (2) a set for the PBGC to use 

to determine whether a benefit is 

payable as a lump sum and to determine 

lump-sum amounts to be paid by the 

PBGC (found in Appendix B to Part 

4022), and (3) a set for private-sector 

pension practitioners to refer to if they 

wish to use lump-sum interest rates 

determined using the PBGC’s historical 

methodology (found in Appendix C to 

Part 4022). 

Accordingly, this amendment (1) adds 

to Appendix B to Part 4044 the interest 

assumptions for valuing benefits for 

allocation purposes in plans with 

valuation dates during September 2005, 

47726 Federal Register / Vol. 70, No. 156 / Monday, August 15, 2005 / Rules and Regulations 

(2) adds to Appendix B to Part 4022 the 

interest assumptions for the PBGC to 

use for its own lump-sum payments in 

plans with valuation dates during 

September 2005, and (3) adds to 

Appendix C to Part 4022 the interest 

assumptions for private-sector pension 

practitioners to refer to if they wish to 

use lump-sum interest rates determined 

using the PBGC’s historical 

methodology for valuation dates during 

September 2005. 

For valuation of benefits for allocation 

purposes, the interest assumptions that 

the PBGC will use (set forth in 

Appendix B to part 4044) will be 3.60 

percent for the first 20 years following 

the valuation date and 4.75 percent 

thereafter. These interest assumptions 

represent an increase (from those in 

effect for August 2005) of 0.20 percent 

for the first 20 years following the 

valuation date and are otherwise 

unchanged. 

The interest assumptions that the 

PBGC will use for its own lump-sum 

payments (set forth in Appendix B to 

part 4022) will be 2.50 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. These interest assumptions 

represent an increase (from those in 

effect for August 2005) of 0.25 percent 

for the period during which a benefit is 

in pay status and are otherwise 

unchanged. 

For private-sector payments, the 

interest assumptions (set forth in 

Appendix C to part 4022) will be the 

same as those used by the PBGC for 

determining and paying lump sums (set 

forth in Appendix B to part 4022). 

The 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, as 

accurately as possible, current market 

conditions.

Because of the need to provide 

immediate guidance for the valuation 

and payment of benefits in plans with 

valuation dates during September 2005, 

the PBGC finds that good cause exists 

for making the assumptions set forth in 

this amendment effective less than 30 

days after publication. 

The 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 

143, as set forth below, is added to the 

table. (The introductory text of the table 

is omitted.) 

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

* * * * * * * 

143 9–1–05 10–1–05 2.50 4.00 4.00 4.00 7 8 

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

143, as set forth below, is added to the 

table. (The introductory text of the table 

is omitted.) 

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

* * * * * * * 

143 9–1–05 10–1–05 2.50 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, as set forth below, is added to the 

table. (The introductory text of the table 

is omitted.) 

Appendix B to Part 4044—Interest 

Rates Used to Value Benefits

* * * * *

Federal Register / Vol. 70, No. 156 / Monday, August 15, 2005 / Rules and Regulations 47727

For valuation dates occurring in the month—

The values of it are: 

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

* * * * * * * 

September 2005 ............................................................... .0360 1–20 .0475 >20 N/A N/A 

Issued in Washington, DC, on this 8th day 

of August 2005. 

Vincent K. Snowbarger, 

Deputy Executive Director, Pension Benefit 

Guaranty Corporation.

[FR Doc. 05–16097 Filed 8–12–05; 8:45 am] 

BILLING CODE 7708–01–P

DEPARTMENT OF COMMERCE

National Oceanic and Atmospheric 

Administration

50 CFR Part 660

[Docket No. 050426117–5117–01; I.D. 

080805A]

Fisheries Off West Coast States and in 

the Western Pacific; West Coast 

Salmon Fisheries; Inseason Action #5 

– Adjustments of the Recreational 

Fishery from Cape Alava, Washington, 

to Cape Falcon, OR

AGENCY: National Marine Fisheries 

Service (NMFS), National Oceanic and 

Atmospheric Administration (NOAA), 

Commerce.

ACTION: Modification of fishing seasons; 

request for comments.

SUMMARY: NMFS announces two 

regulatory modifications in the 

recreational fishery from Cape Alava, 

WA, to Cape Falcon, OR. Effective 

Friday, July 29, 2005, the La Push, 

Westport, and Columbia River Subarea’s 

will be open seven days per week, with 

a modified daily bag limit as follows: 

‘‘All salmon, two fish per day, and all 

retained coho must have a healed 

adipose fin clip.’’ All other restrictions 

remain in effect as announced for 2005 

Ocean Salmon Fisheries. This action 

was necessary to conform to the 2005 

management goals, and the intended 

effect is to allow the fishery to operate 

within the seasons and quotas specified 

in the 2005 annual management 

measures.

DATES: Effective 0001 hours local time 

(l.t.), Friday, July 29, 2005, until the 

Chinook quota or coho quota are taken, 

or 2359 hours l.t., September 30, 2005, 

which ever is earlier; after which the 

fisheries will remain closed until 

opened through an additional inseason 

action for the west coast salmon 

fisheries, which will be published in the 

Federal Register, or until the effective 

date of the next scheduled open period 

announced in the 2005 annual 

management measures.

Comments will be accepted through 

August 30, 2005.

ADDRESSES: Comments on these actions 

must be mailed to D. Robert Lohn, 

Regional Administrator, Northwest 

Region, NMFS, NOAA, 7600 Sand Point 

Way N.E., Bldg. 1, Seattle, WA 98115–

0070; or faxed to 206–526–6376; or Rod 

McInnis, Regional Administrator, 

Southwest Region, NMFS, NOAA, 501 

W. Ocean Blvd., Suite 4200, Long 

Beach, CA 90802–4132; or faxed to 562–

980–4018. Comments can also be 

submitted via e-mail at the 

2005salmonIA5.nwr@noaa.gov address, 

or through the internet at the Federal 

eRulemaking Portal: http://

www.regulations.gov. Follow the 

instructions for submitting comments, 

and include [050426117–5117–01 and/

or I.D. 080805A] in the subject line of 

the message. Information relevant to this 

document is available for public review 

during business hours at the Office of 

the Regional Administrator, Northwest 

Region, NMFS.

FOR FURTHER INFORMATION CONTACT:

Christopher Wright, 206–526–6140.

SUPPLEMENTARY INFORMATION: The 

NMFS Regional Administrator (RA) has 

adjusted the recreational fishery from 

Cape Alava, WA, to Cape Falcon, OR, 

with two regulatory modifications. 

Effective Friday, July 29, 2005, the La 

Push, Westport, and Columbia River 

Subarea’s will be open seven days per 

week, with a modified daily bag limit as 

follows: ‘‘All salmon, two fish per day, 

and all retained coho must have a 

healed adipose fin clip.’’ All other 

restrictions remain in effect as 

announced for 2005 Ocean Salmon 

Fisheries. On July 25, 2005, the Regional 

Administrator had determined that the 

catch was less than anticipated 

preseason and that provisions designed 

to slow the catch of Chinook could be 

modified.

All other restrictions remained in 

effect as announced for 2005 Ocean 

Salmon Fisheries. These actions were 

necessary to conform to the 2005 

management goals, and the intended 

effect is to allow the fishery to operate 

within the seasons and quotas specified 

in the 2005 annual management 

measures. Modification in recreational 

bag limits and recreational fishing days 

per calendar week is authorized by 

regulations at 50 CFR 660.409(b)(1)(iii).

In the 2005 annual management 

measures for ocean salmon fisheries (70 

FR 23054, May 4, 2005), NMFS 

announced the recreational fisheries: 

the area from the U.S.-Canada Border to 

Cape Alava, WA (Neah Bay Subarea) 

opened July 1 through the earlier of 

September 18 or a 12,667 marked coho 

subarea quota with a subarea guideline 

of 4,300 Chinook; the area from Cape 

Alava to Queets River, WA (La Push 

Subarea) opened July 1 through the 

earlier of September 18 or a 3,067 

marked coho subarea quota with a 

subarea guideline of 1,900 Chinook; the 

area from Queets River to Leadbetter 

Point, WA (Westport Subarea) opened 

June 26 through the earlier of September 

18 or a 45,066 marked coho subarea 

quota with a subarea guideline of 28,750 

Chinook; the area from Leadbetter Point, 

WA to Cape Falcon, OR (Columbia River 

Subarea) opened July 3 through the 

earlier of September 30 or a 60,900–

marked coho subarea quota with a 

subarea guideline of 8,200 Chinook. The 

Neah Bay and La Push Subareas were 

opened Tuesday through Saturday, and 

the Westport and Columbia River 

Subareas were opened Sunday through 

Thursday. All subareas had a provision 

that there may be a conference call no 

later than July 27 to consider opening 

seven days per week. All subareas were 

restricted to a Chinook minimum size 

limit of 24 inches (61.0 cm) total length. 

In addition, all of the subarea bag limits 

were for all salmon, two fish per day, no 

more than one of which may be a 

Chinook, with all retained coho 

required to have a healed adipose fin 

clip.

On July 25, 2005, the RA consulted 

with representatives of the Pacific 

Fishery Management Council, 

Washington Department of Fish and 

Wildlife, and Oregon Department of 

Fish and Wildlife by conference call. 

Information related to catch to date, the 

Chinook and coho catch rates, and effort 

data indicated that the catch was less 

than anticipated preseason and that 

provisions designed to slow the catch of 

Chinook could be modified, by relaxing 

the bag limits and fishing days per