Federal Register / Vol. 63, No. 240 /Tuesday, December 15, 1998 / Notices 69123

reviewers, and other NRC staff. It

supersedes the guidance for applicants

and licensees previously found in

Regulatory Guide 10.9, ‘‘Guide for the

Preparation of Applications for Licenses

for the Use of Self-Contained Dry

Source-Storage Gamma Irradiators,’’

dated December 1988, and the guidance

for licensing staff previously found in

Policy and Guidance Directive, FC 84–

16, Revision 1, ‘‘Standard Review Plan

for Applications for Use of SelfContained Dry Source-Storage Gamma

Irradiators,’’ dated January 26, 1989. In

addition, this draft report also contains

information found in pertinent

Technical Assistance Requests and

Information Notices. NRC staff will use

this final report in reviewing these

applications.

Electronic Access

NUREG–1556, Volume 5, will also be

available electronically approximately 1

month after publication of this notice by

visiting NRC’s Home Page (http://

www.nrc.gov) and choosing ‘‘Nuclear

Materials,’’ and then ‘‘NUREG–1556,

Volume 5.’’

Small Business Regulatory Enforcement

Fairness Act

In accordance with the Small

Business Regulatory Enforcement Act of

1996, NRC has determined that this

action is not a major rule and has

verified this determination with the

Office of Information and Regulatory

Affairs of the Office of Management and

Budget.

Dated at Rockville, Maryland, this 7th day

of December, 1998.

For the Nuclear Regulatory Commission.

Donald A. Cool,

Director, Division of Industrial and Medical

Nuclear Safety, Office of Nuclear Material

Safety and Safeguards.

[FR Doc. 98–33202 Filed 12–14–98; 8:45 am]

BILLING CODE 7590–01–P

PENSION BENEFIT GUARANTY

CORPORATION

Interest Assumption for Determining

Variable-Rate Premium; 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 are derivable 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 interest rate for determining

the variable-rate premium under part

4006 applies to premium payment years

beginning in December 1998. The

interest assumptions for performing

multiemployer plan valuations

following mass withdrawal under part

4281 apply to valuation dates occurring

in January 1999.

FOR FURTHER INFORMATION CONTACT:

Harold J. Ashner, Assistant General

Counsel, Office of the General Counsel,

Pension Benefit Guaranty Corporation,

1200 K Street, NW., Washington, DC

20005, 202–326–4024. (For TTY/TDD

users, call the Federal relay service tollfree 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 in

determining a single-employer plan’s

variable-rate premium. The 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 yield

figure is reported in Federal Reserve

Statistical Releases G.13 and H.15.

The assumed interest rate to be used

in determining variable-rate premiums

for premium payment years beginning

in December 1998 is 4.46 percent (i.e.,

85 percent of the 5.25 percent yield

figure for November 1998).

The following table lists the assumed

interest rates to be used in determining

variable-rate premiums for premium

payment years beginning between

January and December 1998.

For premium payment years beginning in:

The assumed interest

rate is:

January 1998 ................................ 5.09

February 1998 .............................. 4.94

March 1998 ................................... 5.01

April 1998 ...................................... 5.06

May 1998 ...................................... 5.03

June 1998 ..................................... 5.04

July 1998 ...................................... 4.85

August 1998 .................................. 4.83

For premium payment years beginning in:

The assumed interest

rate is:

September 1998 ........................... 4.71

October 1998 ................................ 4.42

November 1998 ............................ 4.26

December 1998 ............................ 4.46

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

1999 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 9th day

of December 1998.

John Seal,

Acting Executive Director, Pension Benefit

Guaranty Corporation.

[FR Doc. 98–33138 Filed 12–14–98; 8:45 am]

BILLING CODE 7708–01–P

POSTAL RATE COMMISSION

Sunshine Act Meeting

NAME OF AGENCY: Postal Rate

Commission.

TIME AND DATE: 3:00 p.m., December 10,

1998.

PLACE: Commission Conference Room,

1333 H Street, NW, Suite 300,

Washington, DC 20268–0001.

STATUS: Closed.

MATTERS TO BE CONSIDERED: Personnel

Issues.

CONTACT PERSON FOR MORE INFORMATION:

Stephen L. Sharfman, General Counsel,

Postal Rate Commission, Suite 300,

1333 H Street, NW, Washington, DC

20268–0001, (202) 789–6840.

Dated: December 11, 1998.

Margaret P. Crenshaw,

Secretary.

[FR Doc. 98–33253 Filed 12–11–98; 10:44

am]

BILLING CODE 7710–FW–M