19542 Federal Register / Vol. 75, No. 72 / Thursday, April 15, 2010 / Rules and Regulations 

frequent and routine amendments are 

necessary to keep them operationally 

current. It, therefore—(1) is not a 

‘‘significant regulatory action’’ under 

Executive Order 12866; (2) is not a 

‘‘significant rule’’ under DOT Regulatory 

Policies and Procedures (44 FR 11034; 

February 26, 1979); and (3) does not 

warrant preparation of a regulatory 

evaluation as the anticipated impact is 

so minimal. For the same reason, the 

FAA certifies that this amendment will 

not have a significant economic impact 

on a substantial number of small entities 

under the criteria of the Regulatory 

Flexibility Act. 

List of Subjects in 14 CFR Part 97 

Air traffic control, Airports, 

Incorporation by reference, and 

Navigation (air). 

Issued in Washington, DC on March 19, 

2010. 

John M. Allen, 

Director, Flight Standards Service. 

Adoption of the Amendment 

■ Accordingly, pursuant to the authority 

delegated to me, Title 14, Code of 

Federal Regulations, Part 97 (14 CFR 

part 97) is amended by establishing, 

amending, suspending, or revoking 

Standard Instrument Approach 

Procedures and/or Takeoff Minimums 

and/or Obstacle Departure Procedures 

effective at 0902 UTC on the dates 

specified, as follows: 

PART 97—STANDARD INSTRUMENT 

APPROACH PROCEDURES 

■ 1. The authority citation for part 97 

continues to read as follows: 

Authority: 49 U.S.C. 106(g), 40103, 40106, 

40113, 40114, 40120, 44502, 44514, 44701, 

44719, 44721–44722. 

■ 2. Part 97 is amended to read as 

follows: 

* * * Effective 8 Apr 2010 

Clinton, MD, Washington Executive/Hyde 

Field, VOR/DME RWY 5, Orig, 

CANCELLED 

* * * Effective 6 May 2010 

West Palm Beach, FL, Palm Beach Intl, 

RNAV (RNP) Z RWY 10L, Orig-A 

West Palm Beach, FL, Palm Beach Intl, 

RNAV (RNP) Z RWY 14, Orig-A 

West Palm Beach, FL, Palm Beach Intl, 

RNAV (RNP) Z RWY 28R, Orig-A 

West Palm Beach, FL, Palm Beach Intl, 

RNAV (RNP) Z RWY 32, Orig-A 

Clinton, IA, Clinton Muni, Takeoff 

Minimums and Obstacle DP, Amdt 1 

Guthrie Center, IA, Guthrie County Rgnl, 

Takeoff Minimums and Obstacle DP, Orig 

Red Oak, IA, Red Oak Muni, NDB RWY 17, 

Amdt 9 

Flora, IL, Flora Muni, RNAV (GPS) RWY 21, 

Amdt 1A 

Mattoon/Charleston, IL, Coles County 

Memorial, ILS OR LOC RWY 29, Amdt 6A 

Mount Carmel, IL, Mount Carmel Muni, NDB 

OR GPS RWY 4, Amdt 5, CANCELLED 

Mount Carmel, IL, Mount Carmel Muni, VOR 

RWY 22, Amdt 10 

Leonardtown, MD, St. Mary’s County Rgnl, 

VOR OR GPS RWY 29, Amdt 6A, 

CANCELLED 

Flint, MI, Bishop Intl, ILS OR LOC RWY 9, 

Amdt 22A 

Flint, MI, Bishop Intl, ILS OR LOC RWY 27, 

Amdt 5 

Sparta, MI, Paul C. Miller-Sparta, Takeoff 

Minimums and Obstacle DP, Amdt 2 

Alexandria, MN, Chandler Field, RNAV 

(GPS) RWY 22, Orig 

Bemidji, MN, Bemidji Rgnl, RNAV (GPS) 

RWY 25, Orig 

Granite Falls, MN, Granite Falls Muni/ 

Lenzen-Roe Meml Fld, Takeoff Minimums 

and Obstacle DP, Orig 

Long Prairie, MN, Todd Field, RNAV (GPS) 

RWY 34, Amdt 1 

Minneapolis, MN, Anoka County-Blaine Arpt 

(Janes Field), Takeoff Minimums and 

Obstacle DP, Amdt 5A 

Ainsworth, NE, Ainsworth Muni, RNAV 

(GPS) RWY 17, Amdt 2 

Ainsworth, NE, Ainsworth Muni, RNAV 

(GPS) RWY 35, Amdt 2 

Newark, NJ, Newark Liberty Intl, ILS OR LOC 

RWY 22L; ILS RWY 22L (CAT II), Amdt 12 

Ashland, OH, Ashland County, Takeoff 

Minimums and Obstacle DP, Amdt 3 

Loris, SC, Twin City, Takeoff Minimums and 

Obstacle DP, Orig 

Bridgewater, VA, Bridgewater Airpark, 

Takeoff Minimums and Obstacle DP, Amdt 

2 

* * * Effective 3 Jun 2010 

Talkeetna, AK, Talkeetna, GPS RWY 36, Orig, 

CANCELLED 

Talkeetna, AK, Talkeetna, NDB RWY 36, 

Amdt 2 

Talkeetna, AK, Talkeetna, RNAV (GPS) RWY 

36, Orig 

Talkeetna, AK, Talkeetna, Takeoff Minimums 

and Obstacle DP, Amdt 2 

Talkeetna, AK, Talkeetna, VOR–A, Amdt 10 

Talkeetna, AK, Talkeetna, VOR/DME RWY 

36, Amdt 2 

Palmdale, CA, Palmdale Rgnl/USAF Plant 42, 

Takeoff Minimums and Obstacle DP, Amdt 

2 

Panama City, FL, Panama City-Bay County 

Intl, ILS RWY 14, Amdt 16, CANCELLED 

Panama City, FL, Panama City-Bay County 

Intl, NDB RWY 14, Amdt 5, CANCELLED 

Panama City, FL, Panama City-Bay County 

Intl, RNAV (GPS) RWY 5, ORIG–A, 

CANCELLED 

Panama City, FL, Panama City-Bay County 

Intl, RNAV (GPS) RWY 14, Amdt 1, 

CANCELLED 

Panama City, FL, Panama City-Bay County 

Intl, RNAV (GPS) RWY 23, Orig, 

CANCELLED 

Panama City, FL, Panama City-Bay County 

Intl, RNAV (GPS) RWY 32, Amdt 1, 

CANCELLED 

Panama City, FL, Panama City-Bay County 

Intl, Takeoff Minimums and Obstacle DP, 

Amdt 1, CANCELLED 

Panama City, FL, Panama City-Bay County 

Intl, VOR OR TACAN RWY 14, Amdt 16, 

CANCELLED 

Panama City, FL, Panama City-Bay County 

Intl, VOR OR TACAN RWY 32, Amdt 11, 

CANCELLED 

Panama City, FL, Panama City-Bay County 

Intl, VOR OR TACAN–A, Amdt 14, 

CANCELLED 

Moultrie, GA, Moultrie Muni, NDB–A, OrigA 

Ames, IA, Ames Muni, Takeoff Minimums 

and Obstacle DP, Amdt 4 

Chicago/Romeoville, IL, Lewis University, 

Takeoff Minimums and Obstacle DP, Amdt 

1 

Goshen, IN, Goshen Muni, VOR RWY 27, 

Amdt 7A 

Hettinger, ND, Hettinger Muni, Takeoff 

Minimums and Obstacle DP, Amdt 2 

Reno, NV, Reno/Tahoe Intl, LOC/DME BC 

RWY 34L, Amdt 1C, CANCELLED 

Fostoria, OH, Fostoria Metropolitan, Takeoff 

Minimums and Obstacle DP, Amdt 1 

Kutztown, PA, Kutztown, RNAV (GPS)-A, 

Orig, CANCELLED 

Kutztown, PA, Kutztown, Takeoff Minimums 

and Obstacle DP, Orig, CANCELLED 

Kutztown, PA, Kutztown, VOR–B, Amdt 1B, 

CANCELLED 

Blanding, UT, Blanding Muni, RNAV (GPS) 

RWY 35, Amdt 1 

Brigham City, UT, Brigham City, NDB–A, 

Amdt 1 

Brigham City, UT, Brigham City, RNAV 

(GPS) RWY 35, Amdt 1 

Brigham City, UT, Brigham City, Takeoff 

Minimums and Obstacle DP, Amdt 6 

Danville, VA, Danville Rgnl, GPS RWY 20, 

Orig-A, CANCELLED 

Danville, VA, Danville Rgnl, RNAV (GPS) 

RWY 2, Orig 

Danville, VA, Danville Rgnl, RNAV (GPS) 

RWY 20, Orig 

Farmville, VA, Farmville Rgnl, GPS RWY 21, 

Orig, CANCELLED 

Farmville, VA, Farmville Rgnl, NDB RWY 3, 

Amdt 6 

Farmville, VA, Farmville Rgnl, RNAV (GPS) 

RWY 3, Orig 

Farmville, VA, Farmville Rgnl, RNAV (GPS) 

RWY 21, Orig 

Manitowish Waters, WI, Manitowish Waters, 

Takeoff Minimums and Obstacle DP, Orig 

Casper, WY, Casper/Natrona County Intl, 

VOR/DME RWY 3, Amdt 5 

Rock Springs, WY, Rock Springs-Sweetwater 

County, VOR–B, Amdt 4A, CANCELLED 

[FR Doc. 2010–7663 Filed 4–14–10; 8:45 am] 

BILLING CODE 4910–13–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

29 CFR Part 4022 

Benefits Payable in Terminated SingleEmployer Plans; Interest Assumptions 

for Valuing and Paying Benefits 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Final rule. 

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Federal Register / Vol. 75, No. 72 / Thursday, April 15, 2010 / Rules and Regulations 19543 

SUMMARY: Pension Benefit Guaranty 

Corporation’s regulation on Benefits 

Payable in Terminated Single-Employer 

Plans prescribes interest assumptions 

for valuing and paying certain benefits 

under terminating single-employer 

plans. This final rule amends the benefit 

payments regulation to adopt interest 

assumptions for plans with valuation 

dates in May 2010. Interest assumptions 

are also published on PBGC’s Web site 

(http://www.pbgc.gov). 

DATES: Effective May 1, 2010. 

FOR FURTHER INFORMATION CONTACT: 

Catherine B. Klion, Manager, Regulatory 

and Policy Division, 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: 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. 

These interest assumptions are found 

in two PBGC regulations: The regulation 

on Benefits Payable in Terminated 

Single-Employer Plans (29 CFR part 

4022) and the regulation on Allocation 

of Assets in Single-Employer Plans (29 

CFR part 4044). Assumptions under the 

asset allocation regulation are updated 

quarterly; assumptions under the benefit 

payments regulation are updated 

monthly. This final rule updates only 

the assumptions under the benefit 

payments regulation. 

Two sets of interest assumptions are 

prescribed under the benefit payments 

regulation: (1) A set for PBGC to use to 

determine whether a benefit is payable 

as a lump sum and to determine lumpsum amounts to be paid by PBGC (found 

in Appendix B to part 4022), and (2) a 

set for private-sector pension 

practitioners to refer to if they wish to 

use lump-sum interest rates determined 

using PBGC’s historical methodology 

(found in Appendix C to part 4022). 

This amendment (1) adds to 

Appendix B to part 4022 the interest 

assumptions for PBGC to use for its own 

lump-sum payments in plans with 

valuation dates during May 2010, and 

(2) 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 PBGC’s historical 

methodology for valuation dates during 

May 2010. 

The interest assumptions that PBGC 

will use for its own lump-sum payments 

(set forth in Appendix B to part 4022) 

will be 3.00 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 April 2010, 

these interest assumptions represent an 

increase of 0.25 percent in the 

immediate annuity rate 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 PBGC for 

determining and paying lump sums (set 

forth in Appendix B to part 4022). 

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 valuation 

and payment of benefits in plans with 

valuation dates during May 2010, 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 

199, 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

* * * * * * * 

199 ................................................................ 5–1–10 6–1–10 3.00 4.00 4.00 4.00 7 8 

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

199, as set forth below, is added to the 

table. 

APPENDIX C TO PART 4022—LUMP 

SUM INTEREST RATES FOR 

PRIVATE-SECTOR PAYMENTS 

* * * * * 

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19544 Federal Register / Vol. 75, No. 72 / Thursday, April 15, 2010 / Rules and Regulations 

Rate set 

For plans with a valuation date Immediate 

annuity rate 

(percent) 

Deferred annuities 

(percent) 

On or after Before i1 i2 i3 n1 n2

* * * * * * * 

199 ................................................................ 5–1–10 6–1–10 3.00 4.00 4.00 4.00 7 8 

Issued in Washington, DC, on this 6th day 

of April 2010. 

Vincent K. Snowbarger, 

Acting Director, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2010–8680 Filed 4–14–10; 8:45 am] 

BILLING CODE 7709–01–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 83 

[Docket No. USCG–2009–0948] 

RIN 1625–AB43 

Inland Navigation Rules 

AGENCY: Coast Guard, DHS. 

ACTION: Final rule. 

SUMMARY: By this final rule, the Coast 

Guard is placing the Inland Navigation 

Rules into the Code of Federal 

Regulations. This move is in accordance 

with the Coast Guard and Maritime 

Transportation Act of 2004, which 

repeals the Inland Navigation Rules as 

of the effective date of these regulations. 

Future updates of the Inland Navigation 

Rules will be accomplished through 

rulemaking rather than legislation. 

DATES: This final rule is effective May 

17, 2010. 

ADDRESSES: Documents mentioned in 

this preamble as being available in the 

docket are part of docket USCG–2009– 

0948 and are available for inspection or 

copying at the Docket Management 

Facility (M–30), U.S. Department of 

Transportation, West Building Ground 

Floor, Room W12–140, 1200 New Jersey 

Avenue, SE., Washington, DC 20590, 

between 9 a.m. and 5 p.m., Monday 

through Friday, except Federal holidays. 

You may also find this docket on the 

Internet by going to http:// 

www.regulations.gov, inserting USCG– 

2009–0948 in the ‘‘Keyword’’ box, and 

then clicking ‘‘Search.’’ 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this rule, call or 

e-mail Lieutenant Scott Medeiros, Office 

of Vessel Activities (CG–54133), 

telephone (202) 372–1565, e-mail 

Scott.R.Medeiros@uscg.mil. If you have 

questions on viewing the docket, call 

Renee V. Wright, Program Manager, 

Docket Operations, telephone (202) 

366–9826. 

SUPPLEMENTARY INFORMATION: 

Table of Contents for Preamble 

I. Abbreviations 

II. Basis and Purpose 

III. Discussion of Rule 

IV. Regulatory Analyses 

A. Administrative Procedure Act 

B. Regulatory Planning and Review 

(Executive Order 12866) 

C. Small Entities 

D. Assistance for Small Entities 

E. Collection of Information 

F. Federalism 

G. Unfunded Mandates Reform Act 

H. Taking of Private Property 

I. Civil Justice Reform 

J. Protection of Children 

K. Indian Tribal Governments 

L. Energy Effects 

M. Technical Standards 

N. Environment 

I. Abbreviations 

DHS Department of Homeland Security 

CFR Code of Federal Regulations 

NPRM Notice of proposed rulemaking 

U.S.C. United States Code 

II. Basis and Purpose 

In section 303 of the Coast Guard and 

Maritime Transportation Authorization 

Act of 2004 (Pub. L. 108–293), Congress 

repealed Section 2 of the Inland 

Navigation Rules Act of 1980, found in 

sections 2001–2038 of Title 33 of the 

United States Code. These sections 

contain requirements for all vessels 

navigating on U.S. inland waters and 

include rules for: 

• Navigation lights; 

• Day shapes; 

• Whistle signals; 

• Conduct of vessels in restricted 

visibility; and 

• Conduct of vessels in sight of each 

other. 

These regulations are commonly 

known as the ‘‘inland rules of the road.’’ 

Congress also amended Section 3 of 

the Inland Navigation Rules Act of 1980 

to grant the Secretary of Homeland 

Security authority to issue inland 

navigation regulations. In doing so, 

Congress specified that repeal of Section 

2 (the inland navigation rules then in 

effect) would not be effective until the 

effective date of regulations for the 

inland navigation rules. This guaranteed 

there would be no gap in application of 

the inland navigation rules between 

being removed from the United States 

Code and being added to the Code of 

Federal Regulations (CFR). 

The Secretary of Homeland Security 

has delegated authority to develop and 

enforce navigation safety regulations to 

the Commandant of the Coast Guard 

through Department of Homeland 

Security Delegation 0170.1, Delegation 

to the Commandant of the Coast Guard. 

The Coast Guard has decided to use the 

authority granted by Congress and 

delegated by the Secretary to move the 

inland navigation rules to a new Part 83 

of Title 33, Code of Federal Regulations. 

This is the most logical place for the 

inland navigation rules, as 33 CFR parts 

84 through 90 also contain requirements 

for inland navigation rules as shown in 

table 1. Moving the main body of the 

inland navigation rules to a new part 83 

is consistent with the intent of Congress 

and puts all of the inland navigation 

rules in one place in the Code of Federal 

Regulations. 

TABLE 1—EXISTING INLAND NAVIGATION RULES IN 33 CFR 

33 CFR part 84 .................................................................. Annex I: Positioning and technical details of lights and shapes. 

33 CFR part 85 .................................................................. Annex II: Additional signals for fishing vessels fishing in close proximity. 

33 CFR part 86 .................................................................. Annex III: Technical details of sound and signal appliances. 

33 CFR part 87 .................................................................. Annex IV: Distress signals. 

33 CFR part 88 .................................................................. Annex V: Pilot rules. 

33 CFR part 89 .................................................................. Inland navigation rules: Implementing rules. 

33 CFR part 90 .................................................................. Inland rules: Interpretive rules. 

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