Federal Register / Vol. 71, No. 135 / Friday, July 14, 2006 / Notices 40171 

located in ADAMS should contact the 

NRC PDR Reference staff at 1–800–397–

4209, or 301–415–4737, or send an email to pdr@nrc.gov. 

Dated at Rockville, Maryland, this 10th day 

of July, 2006. 

For the Nuclear Regulatory Commission. 

Timothy G. Colburn, 

Senior Project Manager, Plant Licensing 

Branch I–1, Division of Operating Reactor 

Licensing, Office of Nuclear Reactor 

Regulation. 

[FR Doc. E6–11113 Filed 7–13–06; 8:45 am] 

BILLING CODE 7590–01–P 

OFFICE OF THE UNITED STATES 

TRADE REPRESENTATIVE 

Determination of Eligibility for 

Retroactive Duty Treatment Under the 

Dominican Republic—Central 

America—United States Free Trade 

Agreement 

AGENCY: Office of the United States 

Trade Representative. 

ACTION: Notice. 

SUMMARY: Pursuant to Section 205(b) of 

the Dominican Republic—Central 

America—United States Free Trade 

Agreement Implementation Act (the 

Act), the United States Trade 

Representative (USTR) is providing 

notice of her determination that 

Guatemala is an eligible country for 

purposes of retroactive duty treatment 

as provided in Section 205 of the Act. 

DATES: Effective Date: July 14, 2006. 

ADDRESSES: Inquiries may be mailed, 

delivered, or faxed to Abiola Heyliger, 

Director of Textile Trade Policy, Office 

of the United States Trade 

Representative, 600 17th Street, NW., 

Washington, DC 20508, fax number, 

(202) 395–5639. 

FOR FURTHER INFORMATION CONTACT: 

Abiola Heyliger, Office of the United 

States Trade Representative, 202–395–

3026. 

SUPPLEMENTARY INFORMATION: Section 

205(a) of the Act (Pub. Law 109–53; 119 

Stat. 462, 483; 19 U.S.C. 4034) provides 

that certain entries of textile or apparel 

goods of designated eligible countries 

that are parties to the Dominican 

Republic—Central America—United 

States Free Trade Agreement (CAFTA–

DR) made on or after January 1, 2004 

may be liquidated or reliquidated at the 

applicable rate of duty for those goods 

established in the Schedule of the 

United States to Annex 3.3 of the 

CAFTA–DR. Section 205(b) of the Act 

requires the USTR to determine, in 

accordance with Article 3.20 of the 

CAFTA–DR, which CAFTA–DR 

countries are eligible countries for 

purposes of Section 205(a). Article 3.20 

provides that importers may claim 

retroactive duty treatment for imports of 

certain textile or apparel goods entered 

on or after January 1, 2004 and before 

the entry into force of CAFTA–DR from 

those CAFTA–DR countries that will 

provide reciprocal retroactive duty 

treatment or a benefit for textile or 

apparel goods that is equivalent to 

retroactive duty treatment. 

Pursuant to Section 205(b) of the Act, 

I have determined that Guatemala will 

provide an equivalent benefit for textile 

or apparel goods of the United States 

within the meaning of Article 3.20 of 

the CAFTA–DR. I therefore determine 

that Guatemala is an eligible country for 

purposes of Section 205 of the Act. 

Susan C. Schwab, 

U.S. Trade Representative. 

[FR Doc. E6–11065 Filed 7–13–06; 8:45 am] 

BILLING CODE 3190–W6–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

Required Interest Rate Assumption for 

Determining Variable-Rate Premium for 

Single-Employer Plans; Interest on 

Late Premium Payments; Interest on 

Underpayments and Overpayments of 

Single-Employer Plan Termination 

Liability and Multiemployer Withdrawal 

Liability; 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 July 2006. 

The interest assumptions for performing 

multiemployer plan valuations 

following mass withdrawal under part 

4281 apply to valuation dates occurring 

in August 2006. The interest rates for 

late premium payments under part 4007 

and for underpayments and 

overpayments of single-employer plan 

termination liability under part 4062 

and multiemployer withdrawal liability 

under part 4219 apply to interest 

accruing during the third quarter (July 

through September) of 2006. 

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: 

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 

85 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’’). The required 

interest rate to be used in determining 

variable-rate premiums for premium 

payment years beginning in July 2006 is 

4.39 percent (i.e., 85 percent of the 5.16 

percent Treasury Securities Rate for 

June 2006). 

The Pension Funding Equity Act of 

2004 (‘‘PFEA’’)—under which the 

required interest rate is 85 percent of the 

annual rate of interest determined by 

the Secretary of the Treasury on 

amounts invested conservatively in 

long-term investment grade corporate 

bonds for the month preceding the 

beginning of the plan year for which 

premiums are being paid—applies only 

for premium payment years beginning 

in 2004 or 2005. Congress is considering 

legislation that would extend the PFEA 

rate for one more year. If legislation that 

changes the rules for determining the 

required interest rate for plan years 

beginning in July 2006 is adopted, the 

PBGC will promptly publish a Federal 

Register notice with the new rate. 

The following table lists the required 

interest rates to be used in determining 

variable-rate premiums for premium 

payment years beginning between 

August 2005 and July 2006. 

For premium payment years 

beginning in: 

The required 

interest 

rate is: 

August 2005 ......................... 4.56 

September 2005 ................... 4.61 


jlentini on PROD1PC65 with NOTICES
40172 Federal Register / Vol. 71, No. 135 / Friday, July 14, 2006 / Notices 

1Request of the United States Postal Service for 

a Recommended Decision on Change of Definition 

of Nominal Rate for Periodicals Subscriptions, July 

6, 2006 (Request). The Request includes three 

attachments. Attachment A to the Request sets out 

the proposed change to the text of the Domestic 

Mail Classification Schedule. Attachment B is an 

index of testimony. Attachment C contains the 

Service’s Compliance Statement addressing the 

filing requirements of rules 64 and 69a, or noting 

a request for waiver of certain filing requirements. 

For premium payment years 

beginning in: 

The required 

interest 

rate is: 

October 2005 ........................ 4.62 

November 2005 .................... 4.83 

December 2005 .................... 4.91 

January 2006 ........................ 3.95 

February 2006 ...................... 3.90 

March 2006 ........................... 3.89 

April 2006 ............................. 4.02 

May 2006 .............................. 4.30 

June 2006 ............................. 4.42 

July 2006 .............................. 4.39 

Late Premium Payments; 

Underpayments and Overpayments of 

Single-Employer Plan Termination 

Liability 

Section 4007(b) of ERISA and 

§ 4007.7(a) of the PBGC’s regulation on 

Payment of Premiums (29 CFR part 

4007) require the payment of interest on 

late premium payments at the rate 

established under section 6601 of the 

Internal Revenue Code. Similarly, 

§ 4062.7 of the PBGC’s regulation on 

Liability for Termination of SingleEmployer Plans (29 CFR part 4062) 

requires that interest be charged or 

credited at the section 6601 rate on 

underpayments and overpayments of 

employer liability under section 4062 of 

ERISA. The section 6601 rate is 

established periodically (currently 

quarterly) by the Internal Revenue 

Service. The rate applicable to the third 

quarter (July through September) of 

2006, as announced by the IRS, is 8 

percent. 

The following table lists the late 

payment interest rates for premiums and 

employer liability for the specified time 

periods: 

From— Through— Interest rate 

(percent) 

4/1/00 .......... 3/31/01 ............ 9 

4/1/01 .......... 6/30/01 ............ 8 

7/1/01 .......... 12/31/01 ........... 7 

1/1/02 .......... 12/31/02 ........... 6 

1/1/03 .......... 9/30/03 ............ 5 

10/1/03 ........ 3/31/04 ............ 4 

4/1/04 .......... 6/30/04 ............ 5 

7/1/04 .......... 9/30/04 ............ 4 

10/1/04 ........ 3/31/05 ............ 5 

4/1/05 .......... 9/30/05 ............ 6 

10/1/05 ........ 6/30/06 ............ 7 

7/1/06 .......... 9/30/06 ............ 8 

Underpayments and Overpayments of 

Multiemployer Withdrawal Liability 

Section 4219.32(b) of the PBGC’s 

regulation on Notice, Collection, and 

Redetermination of Withdrawal 

Liability (29 CFR part 4219) specifies 

the rate at which a multiemployer plan 

is to charge or credit interest on 

underpayments and overpayments of 

withdrawal liability under section 4219 

of ERISA unless an applicable plan 

provision provides otherwise. For 

interest accruing during any calendar 

quarter, the specified rate is the average 

quoted prime rate on short-term 

commercial loans for the fifteenth day 

(or the next business day if the fifteenth 

day is not a business day) of the month 

preceding the beginning of the quarter, 

as reported by the Board of Governors 

of the Federal Reserve System in 

Statistical Release H.15 (‘‘Selected 

Interest Rates’’). The rate for the third 

quarter (July through September) of 

2006 (i.e., the rate reported for June 15, 

2006) is 8.00 percent. 

The following table lists the 

withdrawal liability underpayment and 

overpayment interest rates for the 

specified time periods: 

From— Through— Interest rate 

(percent) 

7/1/00 .......... 3/31/01 ............ 9.50 

4/1/01 .......... 6/30/01 ............ 8.50 

7/1/01 .......... 9/30/01 ............ 7.00 

10/1/01 ........ 12/31/01 .......... 6.50 

1/1/02 .......... 12/31/02 ........... 4.75 

1/1/03 .......... 9/30/03 ............ 4.25 

10/1/03 ........ 9/30/04 ............ 4.00 

10/1/04 ........ 12/31/04 .......... 4.50 

1/1/05 .......... 3/31/05 ............ 5.25 

4/1/05 .......... 6/30/05 ............ 5.50 

7/1/05 .......... 9/30/05 ............ 6.00 

10/1/05 ........ 12/31/05 .......... 6.50 

1/1/06 .......... 3/31/06 ............ 7.25 

4/1/06 .......... 6/30/06 ............ 7.50 

7/1/06 .......... 9/30/06 ............ 8.00 

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 August 

2006 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 July 2006. 

Vincent K. Snowbarger, 

Acting Executive Director, Pension Benefit 

Guaranty Corporation. 

[FR Doc. E6–11100 Filed 7–13–06; 8:45 am] 

BILLING CODE 7709–01–P 

POSTAL RATE COMMISSION 

[Docket No. MC2006–5; Order No. 1470] 

Periodicals Nominal Rate Minor 

Classification Change 

AGENCY: Postal Rate Commission. 

ACTION: Notice and order. 

SUMMARY: This order announces a mail 

classification docket to consider a 

proposal to amend the definition of 

‘‘nominal rate’’ subscription for 

publications in the Periodicals class. 

Estabishing this docket will allow 

interested persons to participate in the 

Commission’s consideration of the 

proposed change, which liberalizes the 

current definition. It will also allow 

them to comment on the 

appropriateness of treating the case on 

an expedited basis. The order identifies 

preliminary procedural steps, including 

appointment of the Postal Service as 

settlement coordinator. 

DATES: 1. Deadline for filing library 

reference containing documentation of 

definition change adopted by national 

audit bureaus: July 25, 2006; 2. Deadline 

for filing notices of intervention and 

participants’ statements concerning 

compliance with filing requirements 

and conditional motion for waiver: 

August 1, 2006; 3. Deadline for filing 

status report on settlement negotiations: 

August 4, 2006. 

ADDRESSES: File all documents referred 

to in this order electronically via the 

Commission’s Filing Online system at 

http://www.prc.gov. 

FOR FURTHER INFORMATION CONTACT: 

Stephen L. Sharfman, 202–789–6820. 

SUPPLEMENTARY INFORMATION: 

I. Introduction 

Notice is hereby given that on July 6, 

2006, the Postal Service filed a request 

with the Postal Rate Commission for a 

recommended decision on a proposal to 

amend the definition of a ‘‘nominal 

rate’’ subscription for publications in 

the Periodicals class.1 The Service filed 

its Request pursuant to section 3623 of 

the Postal Reorganization Act, 39 U.S.C. 

101 et seq. It has denominated its 

proposal as a minor mail classification 

change and has requested expedited 


jlentini on PROD1PC65 with NOTICES