Federal Register / Vol. 83, No. 127 / Monday, July 2, 2018 / Notices 30991 

presentation at least 30 minutes before 

the meeting. 

In accordance with Subsection 10(d) 

of Public Law 92–463 and 5 U.S.C. 

552b(c), certain portions of this meeting 

may be closed, as specifically noted 

above. Use of still, motion picture, and 

television cameras during the meeting 

may be limited to selected portions of 

the meeting as determined by the 

Chairman. Electronic recordings will be 

permitted only during the open portions 

of the meeting. 

ACRS meeting agendas, meeting 

transcripts, and letter reports are 

available through the NRC Public 

Document Room at pdr.resource@

nrc.gov, or by calling the PDR at 1–800– 

397–4209, or from the Publicly 

Available Records System (PARS) 

component of NRC’s document system 

(ADAMS) which is accessible from the 

NRC website at http://www.nrc.gov/ 

reading-rm/adams.html or http://

www.nrc.gov/reading-rm/doccollections/ACRS/. 

Video teleconferencing service is 

available for observing open sessions of 

ACRS meetings. Those wishing to use 

this service should contact Mr. Theron 

Brown, ACRS Audio Visual Technician 

(301–415–6702), between 7:30 a.m. and 

3:45 p.m. (ET), at least 10 days before 

the meeting to ensure the availability of 

this service. Individuals or 

organizations requesting this service 

will be responsible for telephone line 

charges and for providing the 

equipment and facilities that they use to 

establish the video teleconferencing 

link. The availability of video 

teleconferencing services is not 

guaranteed. 

Note: This notice is late due to the 

adjustment of accurate meeting topics for 

APR1400. Specifically, the related 

Subcommittees which occurred in late May 

affected the schedule. 

Dated at Rockville, Maryland, this 27th day 

of June 2018. 

For the Nuclear Regulatory Commission. 

Annette L. Vietti-Cook, 

Federal Advisory Committee Management 

Officer. 

[FR Doc. 2018–14202 Filed 6–29–18; 8:45 am] 

BILLING CODE 7590–01–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

Pension Benefit Guaranty Corporation 

Disaster Relief 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Notice. 

SUMMARY: The Pension Benefit Guaranty 

Corporation (PBGC) is changing how it 

announces relief from filing deadlines 

and penalties when a disaster occurs. 

Under an Announcement made today, 

PBGC’s disaster relief will be available 

at the same time the Internal Revenue 

Service issues disaster relief for 

taxpayers that includes filing extensions 

for the Form 5500 series. Filers will not 

have to wait for PBGC to issue a 

separate announcement. For premium 

filings, PBGC is changing its practice so 

that in addition to no late payment 

penalty charges, no late payment 

interest charges will be assessed for the 

disaster relief period. 

DATES: The Disaster Relief 

Announcement in this notice is effective 

for disasters for which the Internal 

Revenue Service has issued a disaster 

relief news release on or after July 2, 

2018. 

FOR FURTHER INFORMATION CONTACT: 

Stephanie Cibinic, Deputy Assistant 

General Counsel for Regulatory Affairs, 

Office of the General Counsel, Pension 

Benefit Guaranty Corporation, 1200 K 

Street NW, Washington, DC 20005– 

4026; cibinic.stephanie@pbgc.gov; 202– 

326–4400 extension 6352. TTY users 

may call the Federal relay service tollfree at 800–877–8339 and ask to be 

connected to 202–326–4400 extension 

6352. 

SUPPLEMENTARY INFORMATION: 

Background 

When there is a disaster covered by 

Internal Revenue Code section 

1033(h)(3), Employee Retirement 

Income Security Act (ERISA) section 

4002(i) gives the Pension Benefit 

Guaranty Corporation (PBGC) authority 

to extend deadlines by notice or 

otherwise. PBGC has followed a practice 

of posting a disaster relief 

announcement on its website each time 

the Internal Revenue Service (IRS) posts 

a disaster relief news release that 

includes filing extensions for the 

Annual Return/Report of Employee 

Benefit Plan Form 5500 Series. Each 

PBGC disaster relief announcement 

copies the disaster, disaster area, and 

relief period from the IRS news release 

on which it is based. Except for these 

types of fields, the text in PBGC disaster 

relief announcements is boilerplate that 

is repeated in every announcement. 

IRS issues a separate disaster relief 

news release for each state affected by 

a disaster. Each news release lists the 

names of counties in the state that are 

covered by the relief. IRS may add 

newly affected counties to an existing 

news release. PBGC filers have to rely 

on a statement in each PBGC 

announcement that the corresponding 

IRS news release should be checked for 

other counties that IRS might have 

added. Because PBGC’s announcements 

rely on data from IRS news releases, 

PBGC’s announcements are always 

issued later than IRS’ news releases. 

PBGC filers have to wait for PBGC to 

respond to each IRS disaster relief news 

release before they can be certain that 

PBGC is providing disaster relief. 

PBGC is changing its practice to 

simplify how it announces disaster 

relief by referring PBGC filers directly to 

IRS’ disaster relief news releases. Filers 

will no longer have to wait for PBGC to 

act, because PBGC’s disaster relief will 

be keyed to IRS’ news releases. Instead 

of multiple disaster relief 

announcements, all explaining disaster 

relief in the same repetitive language, 

PBGC will have one simple 

announcement that clearly explains 

how PBGC disaster relief is keyed to IRS 

relief, what circumstances generally 

lead to relief, and the nature of relief 

generally granted. 

The qualifications for disaster relief 

and relief granted will be simpler and 

easier to apply. Formerly, relief was 

described separately for premiums, 

single-employer plan terminations, 

reportable events notices, annual 

employer reporting, administrative 

review, and multiemployer plan filings. 

This detail is unnecessary because, no 

matter the type of PBGC filing or 

whether the plan is a multiemployer or 

single-employer plan, the deadline 

extension is simply the end of the IRS 

relief period for due dates that fall 

within that period. 

As with the current practice, there are 

exceptions to this general ‘‘IRS-based’’ 

relief, which are listed in the 

Announcement. Filers would still be 

able to request relief on a case-by-case 

basis for the excepted filings or other 

actions not covered by the general relief. 

PBGC also makes the following 

changes and clarifications in the 

Announcement, which are designed to 

be helpful to plan sponsors: 

• Formerly, a late premium payment 

eligible for disaster relief and paid by 

the end of the relief period was treated 

as timely for purposes of assessing the 

late payment penalty, but not the 

applicable interest charge. Under 

PBGC’s new practice, the premium 

payment due date is extended so that no 

late payment penalty or interest charges 

will be assessed for the disaster relief 

period. 

• Formerly, premium filers had to 

submit the premium form and payment 

owed (‘‘the premium filing’’) by the end 

of the relief period for disaster relief to 

apply. Under PBGC’s new practice, 


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30992 Federal Register / Vol. 83, No. 127 / Monday, July 2, 2018 / Notices 

where a filer is unable to submit, or 

anticipates difficulty in submitting, a 

premium filing by the end of the relief 

period, the filer would simply notify 

PBGC by the end of the period of the 

filer’s eligibility for disaster relief to 

apply. For example, if a premium filer 

notifies PBGC by the end of the relief 

period that the filer is eligible for 

disaster relief but is unable to submit 

the premium filing by that time, late 

payment penalty and interest charges 

would not begin to accrue until after the 

end of the relief period, i.e., the 

extended due date for the payment. This 

same method of notification is available 

for filings other than premium filings 

covered by the general disaster relief. 

• Formerly, filers would need to 

apply for case-by-case disaster relief for 

late annual financial and actuarial 

information reporting under ERISA 

section 4010. PBGC believes these 

filings more appropriately fall under 

general relief. 

• Formerly, post-event notices of 

reportable events under ERISA section 

4043 fell under general relief. Because 

certain of these filings involve timesensitive information where there may 

be a high risk of substantial harm to 

participants or PBGC’s insurance 

program, PBGC believes five post-event 

filings are more appropriate for case-bycase relief. Those five events are 

identified in the exceptions list in the 

Announcement. 

• Formerly, where disaster relief is 

founded on problems getting 

information or assistance from a service 

provider, the provider’s operations must 

be ‘‘directly affected’’ by the disaster. 

This vague standard is replaced with a 

clear standard that the service provider 

be located in the disaster area. This is 

the same objective condition as for the 

person required to file. 

PBGC’s Announcement of disaster 

relief is set forth below and posted on 

the ‘‘Disaster Relief’’ web page of 

pbgc.gov. 

Announcement of Pension Benefit 

Guaranty Corporation Disaster Relief 

When a disaster causes a delay in 

making a required filing or in taking 

some other required action, the Pension 

Benefit Guaranty Corporation (PBGC) 

generally grants relief by extending the 

time to act. PBGC’s relief relies on data 

from Internal Revenue Service (IRS) 

announcements, so historically PBGC 

has followed IRS’ lead when 

announcing relief. With this 

Announcement, unless a filing is on the 

‘‘Exceptions List’’ below, filers can be 

assured that PBGC grants disaster relief 

when, where, and for the same relief 

period that IRS grants relief for 

taxpayers affected by a disaster. Filers 

will not have to wait for PBGC to issue 

a separate announcement. 

PBGC also may grant case-by-case 

relief for filings and actions on the 

Exceptions List. See ‘‘Requesting Caseby-Case Relief’’ below for how to 

request such relief. 

Disasters Covered 

Except for filings and actions on the 

Exceptions List, PBGC provides relief 

where there is a disaster for which the 

IRS announces that tax relief is being 

granted for affected taxpayers that 

includes filing extensions for the Form 

5500 series returns. The IRS announces 

tax relief for a disaster in a news release 

that states: 

• The identifying number of the 

announcement. 

• The disaster for which relief is 

granted. 

• The disaster area covered by the 

announcement (typically counties 

within a state). 

• The starting and ending dates of the 

relief period covered by the 

announcement. 

Each news release may be updated 

periodically by the IRS to broaden the 

disaster area to include places 

subsequently affected by the same 

disaster and covered by the relief. 

IRS news releases announcing tax 

relief for disasters are listed on IRS’ 

website. Select the applicable news 

release on the list to see the text of the 

announcement. 

Requirements for Disaster Relief 

The disaster relief in this 

Announcement applies only if all of the 

following requirements are met: 

• The person responsible for a filing, 

payment, or other action under PBGC 

regulations, e.g., a plan administrator or 

contributing sponsor, is located in the 

disaster area. Or, a person responsible 

for providing information or other 

assistance needed for the filing, 

payment, or other action, e.g., a service 

provider (such as the plan’s enrolled 

actuary) or bank, is located in the 

disaster area. 

• The due date of the filing, payment, 

or other action falls within the relief 

period. 

• The filer notifies PBGC of the filer’s 

eligibility for disaster relief on or before 

the last day of the relief period. See 

‘‘Notifying PBGC of Your Eligibility for 

Disaster Relief’’ below. 

• The filing or action is not described 

in the Exceptions List below. 

Relief Granted 

If the requirements for relief listed 

above are met, the due date for the 

filing, payment, or other action is 

extended to the last day of the relief 

period. Accordingly— 

• A filing will not be subject to a late 

filing penalty under section 4071 or 

4302 of the Employee Retirement 

Income Security Act of 1974 (ERISA) for 

the relief period. 

• A premium payment will not be 

subject to late payment penalty or 

interest charges under section 4007 of 

ERISA for the relief period. 

• The extended due date for a filing 

or other action will apply for purposes 

of calculating any other due date that is 

based on the due date of the filing or 

other action. For instance, if a plan is 

filing certain actuarial information by an 

alternative due date that is 15 days after 

a plan’s Form 5500 due date (29 CFR 

4010.10(b)), and the deadline to file a 

Form 5500 is extended because of a 

disaster, then the 15-day period in 

PBGC’s regulation is automatically 

measured from the last day of the Form 

5500 disaster relief period. 

Example of How Disaster Relief Works 

Plan A is a calendar year plan. Absent 

disaster relief, Plan A would be required 

to submit the 2018 Comprehensive 

Premium Filing (CPF) and pay its 2018 

premium by October 15, 2018. IRS 

issues a news release providing disaster 

relief for tax payers in a specified 

disaster area for the period September 4, 

2018 through January 31, 2019. Plan A’s 

plan administrator is located in the 

disaster area covered by the IRS disaster 

relief news release. Plan A notifies 

PBGC that it is eligible for disaster relief 

on or before January 31, 2019 (either by 

submitting a CPF in which such 

eligibility is reported or by sending an 

email to PBGC). If Plan A pays its 2018 

premium: 

• On or before January 31, 2019, no 

late payment charges (interest or 

penalties) will be assessed. 

• After January 31, 2019, late 

payment charges will begin accruing on 

February 1, 2019. 

Exceptions List 

The following filings and actions are 

not covered by the disaster relief 

described above. These are filings that 

involve particularly important or timesensitive information where there may 

be a high risk of substantial harm to 

participants or PBGC’s insurance 

program. To request case-by-case relief 

for these filings see ‘‘Requesting Caseby-Case Relief’’ below. 

• Advance notices of reportable 

events under ERISA section 4043 (Form 

10-Advance). 


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Federal Register / Vol. 83, No. 127 / Monday, July 2, 2018 / Notices 30993 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

• Notices of large missed 

contributions under ERISA section 

303(k) (Form 200). 

• Post-event notices for the following 

five reportable events under ERISA 

section 4043: 

—Failure to make required 

contributions under $1 million. 

—Inability to pay benefits when due. 

—Liquidation. 

—Loan default. 

—Insolvency or similar settlement. 

• Actions related to distress 

terminations for which PBGC has issued 

a distribution notice. 

Notifying PBGC of Your Eligibility for 

Disaster Relief 

Premium filings: Notify us by 

providing certain information as part of 

the Comprehensive Premium Filing. See 

the Filing Instructions for the applicable 

plan year for details. We also encourage 

filers to notify us by email to 

premiums@pbgc.gov as soon as 

reasonably possible that you are eligible 

for disaster relief. The email should 

contain the following identifying 

information: (1) The number of the 

applicable IRS News Release, (2) plan 

information, i.e., plan name, EIN, plan 

number, and, (3) the name and address 

of the person affected by the disaster. 

Item (3) may be omitted if the plan 

administrator’s address reported in the 

most recently submitted premium filing 

is in the applicable disaster area. 

In situations where a filer is unable to 

submit, or anticipates difficulty in 

submitting, the Comprehensive 

Premium Filing by the end of the relief 

period, the filer should notify us by 

sending an email with the same 

information and to the same address 

noted above. 

All other filings or actions: Notify us 

by following the disaster relief 

instructions (if any) for the particular 

filing. If there are no such instructions, 

filers should notify us of their eligibility 

for relief by sending an email by the end 

of the relief period to the email address 

included in the instructions for the 

particular filing, or on a PBGC web page 

listing applicable contact information, 

such as PBGC’s Contact Information for 

Practitioners page. The email should 

contain relevant identifying 

information, such as: (1) The number of 

the applicable IRS News Release, (2) 

plan information, i.e., plan name, EIN, 

plan number, and, (3) the name and 

address of the person affected by the 

disaster. We encourage filers to notify us 

as soon as reasonably possible. 

Requesting Case-by-Case Relief 

Follow the instructions for requesting 

a waiver or extension in the regulations 

or instructions for completing the 

particular filing. For example, for a 

reportable events filing on the 

Exceptions List, follow the provision for 

waivers and extensions in PBGC’s 

reportable events regulation at 29 CFR 

4043.4. That provision explains that a 

request for a waiver or extension must 

be filed with PBGC in writing (which 

may be in electronic form) and must 

state the facts and circumstances on 

which the request is based. 

If there is no such guidance, contact 

PBGC as soon as reasonably possible 

using the phone number or email 

address in the instructions for the 

particular filing, or on a PBGC web page 

listing applicable contact information, 

such as PBGC’s Contact Information for 

Practitioners page. 

Otherwise, contact PBGC’s 

Practitioner Problem Resolution Officer 

by— 

• Email at practitioner.pro@pbgc.gov. 

• Telephone at 800–736–2444 

extension 4136 or 202–326–4136. (For 

TTY users, call 800–877–8339 and 

request connection to 202–326–4136.) 

• U.S. mail at Practitioner Problem 

Resolution Officer, Pension Benefit 

Guaranty Corporation, 1200 K Street 

NW, Suite 610, Washington, DC 20005– 

4026. 

For general information on PBGC 

disaster relief, please call our toll-free 

practitioner number, 800–736–2444. 

Issued in Washington, DC. 

William Reeder, 

Director, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2018–14125 Filed 6–29–18; 8:45 am] 

BILLING CODE 7709–02–P 

POSTAL SERVICE 

Product Change—Priority Mail 

Express, Priority Mail, & First-Class 

Package Service Negotiated Service 

Agreement 

AGENCY: Postal ServiceTM. 

ACTION: Notice. 

SUMMARY: The Postal Service gives 

notice of filing a request with the Postal 

Regulatory Commission to add a 

domestic shipping services contract to 

the list of Negotiated Service 

Agreements in the Mail Classification 

Schedule’s Competitive Products List. 

DATES: Date of required notice: July 2, 

2018. 

FOR FURTHER INFORMATION CONTACT: 

Elizabeth Reed, 202–268–3179. 

SUPPLEMENTARY INFORMATION: The 

United States Postal Service® hereby 

gives notice that, pursuant to 39 U.S.C. 

3642 and 3632(b)(3), on June 26, 2018, 

it filed with the Postal Regulatory 

Commission a USPS Request to Add 

Priority Mail Express, Priority Mail, & 

First-Class Package Service Contract 40 

to Competitive Product List. Documents 

are available at www.prc.gov, Docket 

Nos. MC2018–187, CP2018–261. 

Elizabeth Reed, 

Attorney, Corporate and Postal Business Law. 

[FR Doc. 2018–14111 Filed 6–29–18; 8:45 am] 

BILLING CODE 7710–12–P 

RAILROAD RETIREMENT BOARD 

Sunshine Act: Notice of Public Meeting 

Notice is hereby given that the 

Railroad Retirement Board will hold a 

meeting on July 17, 2018, 10:00 a.m. at 

the Board’s meeting room on the 8th 

Floor of its headquarters building, 844 

North Rush Street, Chicago, Illinois 

60611. The agenda for this meeting 

follows: 

Portion open to the public: 

(1) Executive Committee Reports. 

The person to contact for more 

information is Martha Rico-Parra, 

Secretary to the Board, Phone No. 312– 

751–4920. 

For the Board. 

Dated: June 28, 2018. 

Martha Rico-Parra, 

Secretary to the Board. 

[FR Doc. 2018–14258 Filed 6–28–18; 4:15 pm] 

BILLING CODE 7905–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–83526; File No. SR–BX– 

2018–027] 

Self-Regulatory Organizations; Nasdaq 

BX, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule Change To Extend the 

Exchange’s Penny Pilot Program 

DATES: June 26, 2018. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 

(‘‘Act’’),1 and Rule 19b–4 thereunder,2

notice is hereby given that on June 25, 

2018, Nasdaq BX, Inc. (‘‘BX’’ or 

‘‘Exchange’’) filed with the Securities 

and Exchange Commission (‘‘SEC’’ or 

‘‘Commission’’) the proposed rule 

change as described in Items I and II 

below, which Items have been prepared 

by the Exchange. The Commission is 

publishing this notice to solicit 


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