Federal Register / Vol. 71, No. 220 / Wednesday, November 15, 2006 / Notices 66565 

substantial and specific danger to public 

health or safety, unless disclosure of 

such information is specifically 

prohibited by law and such information 

is specifically required by executive 

order to be kept secret in the interest of 

national defense or the conduct of 

foreign affairs. 

Retaliation against an employee or 

applicant for making a protected 

disclosure is prohibited by 5 U.S.C. 

2302(b)(8). If you believe that you have 

been the victim of whistleblower 

retaliation, you may file a written 

complaint (Form OSC–11) with the U.S. 

Office of Special Counsel at 1730 M 

Street NW., Suite 218, Washington, DC 

20036–4505 or online through the OSC 

Web site—http://www.osc.gov. 

Retaliation for Engaging in Protected 

Activity 

A Federal agency cannot retaliate 

against an employee or applicant 

because that individual exercises his or 

her rights under any of the Federal 

antidiscrimination or whistleblower 

protection laws listed above. If you 

believe that you are the victim of 

retaliation for engaging in protected 

activity, you must follow, as 

appropriate, the procedures described in 

the antidiscrimination and 

whistleblower protection laws sections 

or, if applicable, the administrative or 

negotiated grievance procedures in 

order to pursue any legal remedy. 

Disciplinary Actions 

Under the existing laws, each agency 

retains the right, where appropriate, to 

discipline a Federal employee for 

conduct that is inconsistent with 

Federal Antidiscrimination and 

Whistleblower Protection Laws up to 

and including removal. If OSC has 

initiated an investigation under 5 U.S.C. 

1214, however, according to 5 U.S.C. 

1214(f), agencies must seek approval 

from the Special Counsel to discipline 

employees for, among other activities, 

engaging in prohibited retaliation. 

Nothing in the No FEAR Act alters 

existing laws or permits an agency to 

take unfounded disciplinary action 

against a Federal employee or to violate 

the procedural rights of a Federal 

employee who has been accused of 

discrimination. 

Additional Information 

For further information regarding the 

No FEAR Act regulations, refer to 5 CFR 

part 724, as well as the appropriate 

offices within your agency (e.g., EEO/ 

civil rights office, human resources 

office or legal office). Additional 

information regarding Federal 

antidiscrimination, whistleblower 

protection and retaliation laws can be 

found at the EEOC Web site—http:// 

www.eeoc.gov and the OSC Web site—

http://www.osc.gov. 

Existing Rights Unchanged 

Pursuant to section 205 of the No 

FEAR Act, neither the Act nor this 

notice creates, expands or reduces any 

rights otherwise available to any 

employee, former employee or applicant 

under the laws of the United States, 

including the provisions of law 

specified in 5 U.S.C. 2302(d). 

Issued in Washington, DC, this 8th day of 

November, 2006. 

Vincent K. Snowbarger, 

Interim Director, Pension Benefit Guaranty 

Corporation. 

[FR Doc. E6–19247 Filed 11–14–06; 8:45 am] 

BILLING CODE 7709–01–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 November 

2006. The interest assumptions for 

performing multiemployer plan 

valuations following mass withdrawal 

under part 4281 apply to valuation dates 

occurring in December 2006. 

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 

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’’ (currently 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 (the 

‘‘premium payment year’’). Thus, the 

required interest rate to be used in 

determining variable-rate premiums for 

premium payment years beginning in 

November 2006 is 5.05 percent (i.e., 85 

percent of the 5.94 percent composite 

corporate bond rate for October 2006 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 

December 2005 and November 2006. 

For premium payment years 

beginning in: 

The required 

interest rate is: 

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

January 2006 ........................ 4.86 

February 2006 ...................... 4.80 

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 

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 

December 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. 


rmajette on PROD1PC67 with NOTICES1
66566 Federal Register / Vol. 71, No. 220 / Wednesday, November 15, 2006 / Notices 

Issued in Washington, DC, on this 8th day 

of November 2006. 

Vincent K. Snowbarger, 

Interim Director, Pension Benefit Guaranty 

Corporation. 

[FR Doc. E6–19259 Filed 11–14–06; 8:45 am] 

BILLING CODE 7709–01–P 

OFFICE OF PERSONNEL 

MANAGEMENT 

Proposed Collection; Comment 

Request for Review of a Revised 

Information Collection: RI 20–63, RI 

20–116, RI 20–117 

AGENCY: Office of Personnel 

Management. 

ACTION: Notice. 

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995 (Pub. 

L. 104–13, May 22, 1995), this notice 

announces that the Office of Personnel 

Management (OPM) intends to submit to 

the Office of Management and Budget 

(OMB) a request for review of a revised 

information collection. RI 20–63, 

Survivor Annuity Election for a Spouse, 

is used by annuitants to elect a reduced 

annuity with a survivor annuity for their 

spouse. RI 20–116 is a cover letter for 

RI 20–63 giving information about the 

cost to elect less than the maximum 

survivor annuity. This letter may be 

used to decline to elect. RI 20–117 is a 

cover letter for RI 20–63 giving 

information about the cost to elect the 

maximum survivor annuity. This letter 

may be used to ask for more information 

or to decline to elect. 

RI 20–117 is accompanied by RI 20–

63A, Information on Electing a Survivor 

Annuity for Your Spouse, or RI 20–63B, 

Information on Electing a Survivor 

Annuity for Your Spouse When You Are 

Providing a Former Spouse Annuity. 

Both booklets explain the election. RI 

20–63A is for annuitants who do not 

have a former spouse who is entitled to 

survivor annuity benefit; RI 20–63B is 

for those who do have a former spouse 

who is entitled to a benefit. These 

booklets do not require OMB clearance. 

They have been included because they 

provide the annuitant additional 

information. 

Comments are particularly invited on: 

Whether this collection of information 

is necessary for the proper performance 

of functions of the Office of Personnel 

Management, and whether it will have 

practical utility, whether our estimate of 

the public burden of this collection of 

information is accurate, and based on 

valid assumptions and methodology; 

and ways in which we can minimize the 

burden of the collection of information 

on those who are to respond, through 

the use of appropriate technological 

collection techniques or other forms of 

information technology. 

Approximately 2,400 RI 20–63 forms 

are returned each year electing survivor 

annuities and 200 annuitants return the 

cover letter to ask for information about 

the cost to elect less than the maximum 

survivor annuity or to refuse to provide 

any survivor benefit. It is estimated to 

take approximately 45 minutes to 

complete the form with a burden of 

1,800 hours and 10 minutes to complete 

the letter, which gives a burden of 34 

hours. The total burden for RI 20–63 is 

1,834 hours. 

For copies of this proposal, contact 

Mary Beth Smith-Toomey on (202) 606–

8358, FAX (202) 418–3251 or via e-mail 

to MaryBeth.Smith-Toomey@opm.gov. 

Please include a mailing address with 

your request. 

DATES: Comments on this proposal 

should be received within 60 calendar 

days from the date of this publication. 

ADDRESSES: Send or deliver comments 

to—Pamela S. Israel, Chief, Operations 

Support Group, Center for Retirement 

and Insurance Services, U.S. Office of 

Personnel Management, 1900 E Street, 

NW., Room 3349, Washington, DC 

20415–3540. 

For Information Regarding 

Administrative Coordination—Contact: 

Cyrus S. Benson, Team Leader, 

Publications Team, RIS Support 

Services/Support Group; (202) 606–

0623. 

U.S. Office of Personnel Management. 

Dan G. Blair, 

Deputy Director. 

[FR Doc. 06–9196 Filed 11–14–06; 8:45 am] 

BILLING CODE 6325–38–M 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

27550; 812–13145] 

Old Mutual Advisor Funds II, et al.; 

Notice of Application 

November 8, 2006. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’). 

ACTION: Notice of an application under 

section 6(c) of the Investment Company 

Act of 1940 (‘‘Act’’) for an exemption 

from section 15(a) of the Act and rule 

18f-2 under the Act, as well as certain 

disclosure requirements. 

Summary of Application: Applicants 

request an order that would permit them 

to enter into and materially amend subadvisory agreements without 

shareholder approval and would grant 

relief from certain disclosure 

requirements. 

Applicants: Old Mutual Advisor 

Funds II (‘‘OMAF II’’) on behalf of Old 

Mutual Cash Reserves Fund, Old 

Mutual Columbus Circle Technology 

and Communications Fund, Old Mutual 

Growth Fund, Old Mutual Large Cap 

Growth Concentrated Fund, Old Mutual 

Large Cap Growth Fund, Old Mutual 

Select Growth Fund, Old Mutual Small 

Cap Fund and Old Mutual Strategic 

Small Company Fund (together, the 

‘‘OMAF II Funds’’), Old Mutual 

Insurance Series Fund (‘‘OMISF’’, and 

each of OMAF II and OMISF, a ‘‘Trust’’) 

on behalf of Old Mutual Columbus 

Circle Technology and Communications 

Portfolio, Old Mutual Growth II 

Portfolio, Old Mutual Large Cap Growth 

Concentrated Portfolio, Old Mutual 

Large Cap Growth Portfolio and Old 

Mutual Small Cap Portfolio (together, 

the ‘‘OMISF Funds’’, and together with 

the OMAF II Funds, the ‘‘Funds’’), and 

Old Mutual Capital, Inc. (‘‘Old Mutual 

Capital’’). 

Filing Dates: The application was 

filed on January 3, 2005, and amended 

on June 27, 2005, August 18, 2005, June 

21, 2006, and November 3, 2006. 

Hearing or Notification of Hearing: An 

order granting the application will be 

issued unless the Commission orders a 

hearing. Interested persons may request 

a hearing by writing to the 

Commission’s Secretary and serving 

applicants with a copy of the request, 

personally or by mail. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on December 4, 2006, and 

should be accompanied by proof of 

service on the applicants, in the form of 

an affidavit or, for lawyers, a certificate 

of service. Hearing requests should state 

the nature of the writer’s interest, the 

reason for the request, and the issues 

contested. Persons may request 

notification of a hearing by writing to 

the Commission’s Secretary. 

ADDRESSES: Secretary, U.S. Securities 

and Exchange Commission, 100 F 

Street, NE., Washington, DC 20549–

1090. Applicants, Andra C. Ozols, Old 

Mutual Capital, 4643 South Ulster 

Street, Suite 600, Denver, Colorado 

80237. 

FOR FURTHER INFORMATION CONTACT: 

Laura J. Riegel, Senior Counsel, at (202) 

551–6873, or Nadya B. Roytblat, 

Assistant Director, at (202) 551–6821 

(Division of Investment Management, 

Office of Investment Company 

Regulation). 

SUPPLEMENTARY INFORMATION: The 

following is a summary of the 


rmajette on PROD1PC67 with NOTICES1