7482 Federal Register / Vol. 72, No. 31 / Thursday, February 15, 2007 / Notices 

appropriate arrangements can be made 

to allow necessary time during the 

meeting for such statements. 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. 

Information regarding the time to be set 

aside for this purpose may be obtained 

by contacting the Cognizant ACRS staff 

prior to the meeting. In view of the 

possibility that the schedule for ACRS 

meetings may be adjusted by the 

Chairman as necessary to facilitate the 

conduct of the meeting, persons 

planning to attend should check with 

the Cognizant ACRS staff if such 

rescheduling would result in major 

inconvenience. 

In accordance with Subsection 10(d) 

P.L. 92–463, I have determined that it 

will be necessary to close portions of 

this meeting to discuss industry 

proprietary information, pursuant to 5 

U.S.C. 552b(c)(4) and to protect 

information classified as National 

Security information as well as 

safeguards information pursuant to 5 

U.S.C. 552b(c)(1) and (3). 

Further information regarding topics 

to be discussed, whether the meeting 

has been canceled or rescheduled, as 

well as the Chairman’s ruling on 

requests for the opportunity to present 

oral statements and the time allotted 

therefor can be obtained by contacting 

Mr. Sam Duraiswamy, Cognizant ACRS 

staff (301–415–7364), between 7:30 a.m. 

and 4 p.m., (ET). 

ACRS meeting agenda, meeting 

transcripts, and letter reports are 

available through the NRC Public 

Document Room at pdr@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 Web site at 

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

adams.html or http://www.nrc.gov/ 

reading-rm/doc-collections/ (ACRS & 

ACNW Mtg schedules/agendas). 

Videoteleconferencing service is 

available for observing open sessions of 

ACRS meetings. Those wishing to use 

this service for observing ACRS 

meetings should contact Mr. Theron 

Brown, ACRS Audio Visual Technician 

(301–415–8066), 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 videoteleconferencing link. 

The availability of 

videoteleconferencing services is not 

guaranteed. 

Dated: February 9, 2007. 

Andrew L. Bates, 

Advisory Committee Management Officer. 

[FR Doc. E7–2669 Filed 2–14–07; 8:45 am] 

BILLING CODE 7590–01–P 

NUCLEAR REGULATORY 

COMMISSION 

Sunshine Federal Register Notice 

Agency Holding the Meetings: Nuclear 

Regulatory Commission. 

Date: Weeks of February 19, 26, 2007. 

Place: Commissioners’ Conference 

Room, 11555 Rockville Pike, Rockville, 

Maryland. 

Status: Public and Closed. 

Additional Matters To Be Considered: 

Week of February 19, 2007 

Wednesday, February 21, 2007 

9:30 a.m. Discussion of Security Issues 

(Closed–Ex. 1) 

Week of February 26, 2007—Tentative 

Tuesday, February 27, 2007 

1:30 p.m. Discussion of Security Issues 

(Closed–Ex. 1) (Tentative) 

* * * * * 

*The schedule for Commission 

meetings is subject to change on short 

notice. To verify the status of meetings 

call (recording)—(301) 415–1292. 

Contact person for more information: 

Michelle Schroll, (301) 415–1662. 

* * * * * 

The NRC Commission Meeting 

Schedule can be found on the Internet 

at: http://www.nrc.gov/what-we-do/ 

policy-making/schedule.html. 

* * * * * 

The NRC provides reasonable 

accommodation to individuals with 

disabilities where appropriate. If you 

need a reasonable accommodation to 

participate in these public meetings, or 

need this meeting notice or the 

transcript or other information from the 

public meetings in another format (e.g. 

braille, large print), please notify the 

NRC’s Disability Program Coordinator, 

Deborah Chan, at 301–415–7041, TDD: 

301–415–2100, or by e-mail at 

DLC@nrc.gov. Determinations on 

requests for reasonable accommodation 

will be made on a case-by-case basis. 

* * * * * 

This notice is distributed by mail to 

several hundred subscribers; if you no 

longer wish to receive it, or would like 

to be added to the distribution, please 

contact the Office of the Secretary, 

Washington, DC 20555 (301–415–1969). 

In addition, distribution of this meeting 

notice over the Internet system is 

available. If you are interested in 

receiving this Commission meeting 

schedule electronically, please send an 

electronic message to dkw@nrc.gov. 

Dated: February 12, 2007. 

Michelle Schroll, 

Office of the Secretary. 

[FR Doc. 07–736 Filed 2–13–07; 12:43 pm] 

BILLING CODE 7590–01–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

Required Interest Rate Assumption for 

Determining Variable-Rate Premium for 

Single-Employer Plans; 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 

2007. The interest assumptions for 

performing multiemployer plan 

valuations following mass withdrawal 

under part 4281 apply to valuation dates 

occurring in March 2007. 

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: 

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 


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Federal Register / Vol. 72, No. 31 / Thursday, February 15, 2007 / Notices 7483 

1The procedures of the former Postal Rate 

Commission apply to this Request under 39 U.S.C. 

3622(f) as established by the Postal Accountability 

and Enhancement Act, Pub. L. 109–435, 120 Stat. 

3198 (2006). Section 3622(f) specifies, for the mail 

categories which are the subject of this Request, 

that: ‘‘[p]roceedings initiated to consider a request 

for a recommended decision filed by the Postal 

Service during that 1-year [transition] period shall 

be completed in accordance with subchapter II of 

chapter 36 of this title and implementing 

regulations, as in effect before the date of enactment 

of this section.’’

2Attachments A and B to the Request contain 

proposed changes to the Domestic Mail 

Classification Schedule and the associated rate 

schedules; Attachment C is a certification required 

by Commission rule 193(i) specifying that the cost 

statements and supporting data submitted by the 

Postal Service, which purport to reflect the books 

of the Postal Service, accurately set forth the results 

shown by such books; Attachment D is an index of 

Postal Service testimony; Attachment E is a 

compliance statement addressing satisfaction of 

various filing requirements; and Attachment F is a 

copy of the Negotiated Service Agreement. 

a single-employer plan’s variable-rate 

premium. Pursuant to the Pension 

Protection Act of 2006, for premium 

payment years beginning in 2006 or 

2007, the required interest rate is the 

‘‘applicable percentage’’ 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 (the ‘‘premium payment 

year’’). 

On February 2, 2007 (at 72 FR 4955), 

the Internal Revenue Service (IRS) 

published final regulations containing 

updated mortality tables for determining 

current liability under section 412(l)(7) 

of the Code and section 302(d)(7) of 

ERISA for plan years beginning on or 

after January 1, 2007. As a result, in 

accordance with section 

4006(a)(3)(E)(iii)(II) of ERISA, the 

‘‘applicable percentage’’ to be used in 

determining the required interest rate 

for plan years beginning in 2007 is 100 

percent. 

The required interest rate to be used 

in determining variable-rate premiums 

for premium payment years beginning 

in February 2007 is 5.89 percent (i.e., 

100 percent of the 5.89 percent 

composite corporate bond rate for 

January 2007 as determined by the 

Treasury). 

The following table lists the required 

interest rates to be used in determining 

variable-rate premiums for premium 

payment years beginning between 

March 2006 and February 2007. 

For premium payment 

years beginning in: 

The required 

interest rate is: 

March 2006 ....................... 4.87 

April 2006 ......................... 5.01 

May 2006 .......................... 5.25 

June 2006 ......................... 5.35 

July 2006 .......................... 5.36 

August 2006 ..................... 5.36 

September 2006 ............... 5.19 

October 2006 .................... 5.06 

November 2006 ................ 5.05 

December 2006 ................ 4.90 

January 2007 .................... 5.75 

February 2007 .................. 5.89 

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 January 

2007 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 12th day 

of February 2007. 

Vincent K. Snowbarger, 

Interim Director, Pension Benefit Guaranty 

Corporation. 

[FR Doc. E7–2654 Filed 2–14–07; 8:45 am] 

BILLING CODE 7709–01–P 

POSTAL REGULATORY COMMISSION 

[Docket No. MC2007–1; Order No. 3] 

Negotiated Service Agreement 

AGENCY: Postal Regulatory Commission. 

ACTION: Notice and order on new 

baseline negotiated service agreement 

case. 

SUMMARY: This document establishes a 

docket for consideration of the Postal 

Service’s request for approval of 

contract rates with Bank of America 

Corporation (Bank of America). It 

identifies key elements of the proposed 

agreement, which involves First-Class 

and Standard Mail letter rates, and 

addresses preliminary procedural 

matters. 

DATES: Notices of intervention due 

March 5, 2007; prehearing conference: 

March 14, 2007 (10 a.m.). 

ADDRESSES: Submit comments 

electronically via the Commission’s 

Filing Online system at http:// 

www.prc.gov. 

FOR FURTHER INFORMATION CONTACT: 

Stephen L. Sharfman, General Counsel, 

202–789–6820 and 

stephen.sharfman@prc.gov. 

Regulatory History 

Capital One Services, Inc. Negotiated 

Service Agreement, 67 FR 61355 

(September 30, 2002). 

Negotiated Service Agreement Final 

Rule, 69 FR 7574 (February 18, 2004). 

SUPPLEMENTARY INFORMATION: The 

Request of the United States Postal 

Service for a Recommended Decision on 

Classifications, Rates and Fees to 

Implement a Baseline Negotiated 

Service Agreement with Bank of 

America Corporation (Request) was filed 

with the Postal Regulatory Commission 

on February 7, 2007.1 The negotiated 

service agreement is proffered as a new 

baseline negotiated service agreement. 

The Request includes six attachments.2

The Postal Service has identified 

Bank of America Corporation (Bank of 

America), along with itself, as parties to 

the negotiated service agreement. This 

identification serves as notice of 

intervention by Bank of America. It also 

indicates that Bank of America shall be 

considered a co-proponent, 

procedurally and substantively, of the 

Postal Service’s Request during the 

Commission’s review of the negotiated 

service agreement. Rule 191(b) [39 CFR 

3001.191b]. An appropriate Bank of 

America Corporation Notice of 

Appearance and Filing of Testimony as 

Co-proponent, February 7, 2007, also 

has been filed. 

In support of the Request, the Postal 

Service has filed Direct Testimony of 

Ali Ayub on Behalf of United States 

Postal Service, February 7, 2007 (USPS–

T–1). Bank of America has separately 

filed Direct Testimony of Richard D. 

Jones on Behalf of Bank of America 

Corporation, February 7, 2007 (BAC–T–

1). The Postal Service states that it 

intends to rely upon the testimony 

submitted by Bank of America in 

presentation of its direct case in 

accordance with rule 192(b) [39 CFR 

3001.192b]. Request at 5. The Request 

has been assigned Docket No. MC2007–

1. 

The Postal Service’s Request, the 

accompanying testimonies of witnesses 

Ayub (USPS–T–1) and Jones (BAC–T–

1), and other related material are 

available for inspection at the 

Commission’s docket section during 

regular business hours. They also can be 

accessed electronically, via the Internet, 

on the Commission’s Web site (http:// 

www.prc.gov). 

I. Bank of America Negotiated Service 

Agreement 

The Postal Service proposes to enter 

into a three-year negotiated service 

agreement with Bank of America. The 


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