54138 Federal Register / Vol. 62, No. 200 / Friday, October 17, 1997 / Notices

Tortiously

liable rates

Interagency

rates

Nursing, Room, and Board ........................................................................................................................ 680 ........................

Rehabilitation Medicine:

Total ...................................................................................................................................................................... 808 729

Physician .................................................................................................................................................... 92 ........................

Ancillary ..................................................................................................................................................... 247 ........................

Nursing, Room, and Board ........................................................................................................................ 469 ........................

Blind Rehabilitation:

Total ...................................................................................................................................................................... 957 873

Physician .................................................................................................................................................... 77 ........................

Ancillary ..................................................................................................................................................... 475 ........................

Nursing, Room, and Board ........................................................................................................................ 405 ........................

Spinal Cord Injury:

Total ...................................................................................................................................................................... 886 801

Physician .................................................................................................................................................... 110 ........................

Ancillary ..................................................................................................................................................... 223 ........................

Nursing, Room, and Board ........................................................................................................................ 553 ........................

Surgery:

Total .................................................................................................................................................................. 2079 1904

Physician .................................................................................................................................................... 229 ........................

Ancillary ..................................................................................................................................................... 631 ........................

Nursing, Room, and Board ........................................................................................................................ 1219 ........................

General Psychiatry:

Total .................................................................................................................................................................. 557 518

Physician .................................................................................................................................................... 54 ........................

Ancillary ..................................................................................................................................................... 91 ........................

Nursing, Room, and Board ........................................................................................................................ 432 ........................

Substance Abuse (Alcohol and Drug Treatment):

Total .................................................................................................................................................................. 333 300

Physician .................................................................................................................................................... 32 ........................

Ancillary ..................................................................................................................................................... 77 ........................

Nursing, Room, and Board ........................................................................................................................ 224 ........................

Intermediate Medicine:

Total .................................................................................................................................................................. 396 356

Physician .................................................................................................................................................... 19 ........................

Ancillary ..................................................................................................................................................... 58 ........................

Nursing, Room, and Board ........................................................................................................................ 319 ........................

Nursing Home Care, Rates Per Day

Nursing Home Care:

Total .................................................................................................................................................................. 299 270

Physician .................................................................................................................................................... 9 ........................

Ancillary ..................................................................................................................................................... 40 ........................

Nursing Room, and Board ......................................................................................................................... 250 ........................

Outpatient Medical and Dental Treatment

Outpatient Visit:

Total .................................................................................................................................................................. 229 211

Emergency Dental .................................................................................................................................................... 143 127

Outpatient Visit Prescription Filled ........................................................................................................................... 25 25

For the period beginning October 1, 1997, the rates prescribed herein superseded those established by the Director

of the Office of Management and Budget, October 31, 1996 (61 FR 56360).

Franklin D. Raines,

Director, Office of Management and Budget.

[FR Doc. 97–27629 Filed 10–16–97; 8:45 am]

BILLING CODE 3110–01–P

PENSION BENEFIT GUARANTY

CORPORATION

Submission of Information Collection

for OMB Review; Comment Request;

Payment of Premiums

AGENCY: Pension Benefit Guaranty

Corporation.

ACTION: Notice of request for extension

of OMB approval.

SUMMARY: The Pension Benefit Guaranty

Corporation (‘‘PBGC’’) is requesting that

the Office of Management and Budget

(‘‘OMB’’) extend approval, under the

Paperwork Reduction Act, of the

collection of information under its

regulation on Payment of Premiums (29

CFR Part 4007), including Form 1–ES,

Form 1, and Schedule A to Form 1, and

related instructions (OMB control

number 1212–0009; expires February

28, 1998). The collection of information

also includes a certification (on

Schedule A) of compliance with

requirements to provide certain notices

to participants under the PBGC’s

regulation on Disclosure to Participants

(29 CFR Part 4011), and surveys of plan
Federal Register / Vol. 62, No. 200 / Friday, October 17, 1997 / Notices 54139

administrators to assess compliance

with those requirements. This notice

informs the public of the PBGC’s request

and solicits public comment on the

collection of information.

DATES: Comments should be submitted

by November 17, 1997.

ADDRESSES: Comments should be

mailed to the Office of Information and

Regulatory Affairs of the Office of

Management and Budget, Attention:

Desk Officer for Pension Benefit

Guaranty Corporation, Washington, DC

20503. The request for extension will be

available for public inspection at the

Communications and Public Affairs

Department of the Pension Benefit

Guaranty Corporation, suite 240, 1200 K

Street, NW., Washington, DC, 20005–

4026, between 9 a.m. and 4 p.m. on

business days.

Copies of the collection of

information may be obtained without

charge by writing to the PBGC’s

Communications and Public Affairs

Department at the address given above

or calling 202–326–4040. (For TTY and

TDD, call 800–877–8339 and request

connection to 202–326–4040). The

premium payment regulation can be

accessed on the PBGC’s home page at

http://www.pbgc.gov.

FOR FURTHER INFORMATION CONTACT:

Deborah C. Murphy, Attorney, or Harold

J. Ashner, Assistant General Counsel,

Office of the General Counsel, Pension

Benefit Guaranty Corporation, 1200 K

Street, NW., Washington, DC 20005–

4026, 202–326–4024. (For TTY and

TDD, call 800–877–8339 and request

connection to 202–326–4024).

SUPPLEMENTARY INFORMATION: Section

4007 of Title IV of the Employee

Retirement Income Security Act of 1974

(‘‘ERISA’’) requires the Pension Benefit

Guaranty Corporation (‘‘PBGC’’) to

collect premiums from pension plans

covered under Title IV pension

insurance programs. Pursuant to ERISA

section 4007, the PBGC has issued its

regulation on Payment of Premiums (29

CFR Part 4007). Section 4007.3 of the

premium payment regulation requires

plans, in connection with the payment

of premiums, to file certain forms

prescribed by the PBGC, and § 4007.10

requires plans to retain and make

available to the PBGC records

supporting or validating the

computation of premiums paid.

The forms prescribed are PBGC Form

1–ES and Form 1 and (for singleemployer plans only) Schedule A to

Form 1. Form 1–ES is issued, with

instructions, in the PBGC’s Estimated

Premium Payment Package. Form 1 and

Schedule A are issued, with

instructions, in the PBGC’s Annual

Premium Payment Package.

The premium forms are needed to

determine the amount and record the

payment of PBGC premiums, and the

submission of forms and retention and

submission of records are needed to

enable the PBGC to perform premium

audits. The plan administrator of each

pension plan covered by Title IV of

ERISA is required to file one or more of

the premium payment forms each year.

The PBGC uses the information on the

premium payment forms to identify the

plans paying premiums and to verify

whether plans are paying the correct

amounts. That information and the

retained records are used for audit

purposes.

In addition, section 4011 of ERISA

and the PBGC’s regulation on Disclosure

to Participants (29 CFR Part 4011)

require plan administrators of certain

underfunded single-employer pension

plans to provide an annual notice to

plan participants and beneficiaries of

the plans’ funding status and the limits

on the Pension Benefit Guaranty

Corporation’s guarantee of plan benefits.

The participant notice requirement only

applies (subject to certain exemptions)

to plans that must pay a variable rate

premium. In order to monitor

compliance with Part 4011, plan

administrators must indicate on

Schedule A to Form 1 that the

participant notice requirements have

been complied with. The PBGC has also

conducted surveys of plan

administrators to assess compliance.

The collection of information under

the regulation on Payment of Premiums,

including Form 1–ES, Form 1, and

Schedule A to Form 1, and related

instructions has been approved by OMB

under control number 1212–0009

through February 28, 1998. This

collection of information also includes

the certification and surveys of

compliance with the participant notice

requirements (but not the participant

notices themselves). The PBGC is

requesting that OMB extend its approval

of this collection of information for

another three years. (The participant

notices constitute a different collection

of information that has been separately

approved by OMB.)

Under the Retirement Protection Act

of 1994, certain special premium rules

for regulated public utility company

plans cease to apply for plan years

beginning after 1997. The premium

forms and instructions are being revised

for 1998 to reflect this change. The

revised forms and instructions will also

include provisions regarding the use of

electronic funds transfers as an optional

form of payment for premiums and for

PBGC payment of premium refunds, and

will permit plan administrators whose

filings are prepared by consultants to

request that the PBGC no longer send

them unneeded forms packages. In

addition, reporting of plan-to-plan

transfers will now be required only

where the transferor plan ceases to exist,

rather than in all cases.

The 1998 forms and instructions will

eliminate multiple repetition of the

rules regarding the date as of which the

premium is calculated by using a new

defined term, ‘‘premium snapshot date,’’

for this purpose. Instructions and line

items for variable-rate premium

exemptions (which are relatively brief)

are being placed before those for nonexempt filing methods to save exempt

filers from having to read through the

relatively lengthy filing method

descriptions.

The 1998 Form 1 will also give plans

a way to notify the PBGC of their

participation in the PBGC’s new

premium ‘‘self-audit’’ program. Under

this program, plans could elect to

engage independent auditors to review

their premium filings as part of the

regular plan audit cycle. The PBGC

expects to announce details about the

‘‘self-audit’’ program within the next

few months.

Other appropriate revisions (e.g.,

clarifying and editorial changes) are also

being made.

The PBGC estimates that it receives

responses annually from about 49,500

plan administrators and that the total

annual burden of the collection of

information is about 4,042.5 hours and

$11,236,125.

Issued in Washington, DC, this 15th day of

October, 1997.

David M. Strauss,

Executive Director, Pension Benefit Guaranty

Corporation.

[FR Doc. 97–27705 Filed 10–16–97; 8:45 am]

BILLING CODE 7708–01–P

SECURITIES AND EXCHANGE

COMMISSION

[Release No. IC–22848; File No. 812–10732]

Alexander Hamilton Life Insurance

Company of America, et al.

October 9, 1997.

AGENCY: Securities and Exchange

Commission (the ‘‘SEC’’ or the

‘‘Commission’’).

ACTION: Notice of application for

exemption pursuant to Section 26(b) of

the Investment Company Act of 1940

(the ‘‘1940 Act’’) approving a proposed

substitution of securities and pursuant

to Section 17(b) of the 1940 Act granting