Federal Register / Vol. 71, No. 158 / Wednesday, August 16, 2006 / Rules and Regulations 47091 

this amendment effective less than 30 

days after publication. 

The 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 

29 CFR Part 4022 

Employee benefit plans, Pension 

insurance, Pensions, Reporting and 

recordkeeping requirements. 

29 CFR Part 4044 

Employee benefit plans, Pension 

insurance, Pensions. 

In consideration of the foregoing, 29 

CFR parts 4022 and 4044 are 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 

155, 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

* * * * * * * 

155 9–1–06 10–1–06 3.25 4.00 4.00 4.00 7 8 

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

155, as set forth below, is added to the 

table. 

Appendix C to Part 4022—Lump Sum 

Interest Rates for Private-Sector 

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

* * * * * * * 

155 9–1–06 10–1–06 3.25 4.00 4.00 4.00 7 8 

PART 4044—ALLOCATION OF 

ASSETS IN SINGLE-EMPLOYER 

PLANS 

■ 4. The authority citation for part 4044 

continues to read as follows: 

Authority: 29 U.S.C. 1301(a), 1302(b)(3), 

1341, 1344, 1362. 

■ 5. In appendix B to part 4044, a new 

entry for September 2006, as set forth 

below, is added to the table. 

Appendix B to Part 4044—Interest 

Rates Used to Value Benefits 

* * * * * 

For valuation dates occurring in the month—

The values of it are: 

it for t = it for t = it for t = 

* * * * * * * 

September 2006 ............................................................... .0620 1–20 .0475 >20 N/A N/A 

Issued in Washington, DC, on this 8th day 

of August 2006. 

Vincent K. Snowbarger, 

Acting Executive Director, Pension Benefit 

Guaranty Corporation. 

[FR Doc. 06–6958 Filed 8–15–06; 8:45 am] 

BILLING CODE 7709–01–P 

DEPARTMENT OF DEFENSE 

Office of the Secretary 

32 CFR Part 199 

Civilian Health and Medical Program of 

the Uniformed Services (CHAMPUS) 

AGENCY: Department of Defense. 

ACTION: Final rule; correction. 

SUMMARY: This rule is published to 

correct a previously published 

definition of ‘‘Homebound’’ by restoring 

language that had been inadvertently 

deleted in the Final Rule published at 

70 FR 61368 and to revise certain 

references published at 69 FR 51559. 

DATES: This rule is effective August 16, 

2006. 

FOR FURTHER INFORMATION CONTACT: 

Michael Kottyan, 303–676–3520. 

SUPPLEMENTARY INFORMATION: On Friday, 

August 20, 2004, the Department 

revised the definition of ‘‘Homebound’’

by adding a sentence at the end. See 69 

FR 51559. On Monday, October 24, 

2005, the Department again revised the 


cprice-sewell on PROD1PC66 with RULES
47092 Federal Register / Vol. 71, No. 158 / Wednesday, August 16, 2006 / Rules and Regulations 

definition of ‘‘Homebound’’ by deleting 

the above revision and adding two 

sentences at the end. See 70 FR 61368. 

This rule is published to revise the 

definition of ‘‘Homebound’’ by restoring 

the deleted sentence and to correct 

references in 32 CFR 199.5. 

List of Subjects in 32 CFR Part 199 

Claims, Dental health, Health care, 

Health insurance, Individuals with 

disabilities, Military personnel. 

Accordingly, 32 CFR part 199 is 

amended as follows: 

PART 199—[AMENDED] 

■ 1. The authority citation for part 199 

continues to read as follows: 

Authority: 5 U.S.C. 301; 10 U.S.C. chapter 

55. 

■ 2. Section 199.2(b) is corrected by 

adding a sentence at the end of the 

definition for Homebound to read as 

follows: 

§199.2 Definitions. 

* * * * * 

(b) * * * 

Homebound. * * * In addition to the 

above, absences, whether regular or 

infrequent, from the beneficiary’s 

primary residence for the purpose of 

attending an educational program in a 

public or private school that is licensed 

and/or certified by a state, shall not 

negate the beneficiary’s homebound 

status. 

* * * * * 

§199.5 [Corrected] 

■ 3. Section 199.5(h)(5) is corrected by 

revising ‘‘(i)(4)(v)’’ to read ‘‘(h)(3)(v)(A)’’

and by revising ‘‘Individual’’ to read 

‘‘Individualized.’’

Dated: August 9, 2006. 

L.M. Bynum, 

Alternate OSD Federal Register Liaison 

Officer, Department of Defense. 

[FR Doc. 06–6935 Filed 8–15–06; 8:45 am] 

BILLING CODE 5001–06–M 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 100 

[CGD05–06–037] 

RIN 1625–AA08 

Special Local Regulations for Marine 

Events; Atlantic Ocean, Atlantic City, 

NJ, Change of Time 

AGENCY: Coast Guard, DHS. 

ACTION: Temporary final rule; 

amendment. 

SUMMARY: On July 7, 2006, the Coast 

Guard published a temporary final rule 

in the Federal Register establishing 

temporary special local regulations for 

the ‘‘Thunder Over the Boardwalk 

Airshow’’, an aerial demonstration to be 

held over the waters of the Atlantic 

Ocean adjacent to Atlantic City, New 

Jersey. On July 14, 2006, the Coast 

Guard was notified that this marine 

event was proposed to be conducted at 

a different time period. This rule 

changes the times of enforcement for the 

temporary regulated area. These special 

local regulations are necessary to 

provide for the safety of life on 

navigable waters during the event. This 

action is intended to restrict vessel 

traffic in the regulated area during the 

event. 

DATES: This rule changes the effective 

period of the temporary final rule 

published at 71 FR 38523 (July 7, 2006) 

to be 9 a.m. to 5 p.m. on August 23, 

2006. 

ADDRESSES: Documents indicated in this 

preamble as being available in the 

docket, are part of docket (CGD05–06–

037) and are available for inspection or 

copying at Commander (dpi), Fifth 

Coast Guard District, 431 Crawford 

Street, Portsmouth, Virginia 23704–

5004, between 9 a.m. and 2 p.m., 

Monday through Friday, except Federal 

holidays. 

FOR FURTHER INFORMATION CONTACT: 

Dennis Sens, Project Manager, 

Inspections and Investigations Branch, 

at (757) 398–6204. 

SUPPLEMENTARY INFORMATION: 

Regulatory Information 

We did not publish a notice of 

proposed rulemaking (NPRM) for this 

regulation. Under 5 U.S.C. 553(b)(B) the 

Coast Guard finds that good cause exists 

for not publishing an NPRM. The new 

time period of when the airshow was 

proposed to be conducted was not 

known in sufficient time to allow for the 

publication of an NPRM followed by 

publication of an effective rule before 

the event. Delaying this rule would be 

contrary to the public interest of 

ensuring the safety of life at sea during 

this event. The event will take place on 

August 23, 2006. Because of the danger 

posed by high performance jet aircraft 

performing low altitude aerial 

maneuvers over the waters of the 

Atlantic Ocean, special local regulations 

are necessary to provide for the safety of 

event participants, spectator craft and 

other vessels transiting the event area. 

For the safety concerns noted, it is in 

the public interest to have these 

regulations in effect during the event. 

Under 5 U.S.C. 553(d)(3), the Coast 

Guard finds that good cause exists for 

making this rule effective less than 30 

days after publication in the Federal 

Register. Delaying the effective date 

would be contrary to the public interest, 

since immediate action is needed to 

ensure the safety of the event 

participants, spectator craft and other 

vessels transiting the regulated area. 

However, advance notifications will be 

made to affected users of the Atlantic 

Ocean coastal area via marine 

information broadcasts and area 

newspapers. 

Background and Purpose 

On August 23, 2006, the Atlantic City 

Chamber of Commerce will sponsor the 

‘‘Thunder Over the Boardwalk 

Airshow’’. The event will consist of 

high performance jet aircraft performing 

low altitude aerial maneuvers over the 

waters of the Atlantic Ocean adjacent to 

Atlantic City, New Jersey. A fleet of 

spectator vessels is expected to gather 

nearby to view the aerial demonstration. 

Due to the need for vessel control 

during the event, vessel traffic will be 

temporarily restricted to provide for the 

safety of spectators and transiting 

vessels. 

Discussion of the Amendment to the 

Temporary Final Rule 

The Coast Guard is establishing 

temporary special local regulations on 

specified waters of the Atlantic Ocean 

adjacent to Atlantic City, New Jersey. 

The regulated area includes a section of 

the Atlantic Ocean approximately 2.5 

miles long, running from Pennsylvania 

Avenue to Columbia Avenue, and 

extending approximately 900 yards out 

from the shoreline. This amendment to 

the rule changes the time period 

previously announced in the Federal 

Register notice published on July 7, 

2006. The temporary special local 

regulations will be enforced from 9 a.m. 

until 5 p.m. on August 23, 2006. The 

effect of the temporary special local 

regulations will be to restrict general 

navigation in the regulated area during 

the event. Except for persons or vessels 

authorized by the Coast Guard Patrol 

Commander, no person or vessel may 

enter or remain in the regulated area. 

Non-participating vessels will be 

allowed to transit the regulated area 

between event activities, when the Coast 

Guard Patrol Commander determines it 

is safe to do so. These regulations are 

needed to control vessel traffic during 

the event to enhance the safety of 

participants, spectators and transiting 

vessels. 


cprice-sewell on PROD1PC66 with RULES