Federal Register / Vol. 83, No. 136 / Monday, July 16, 2018 / Proposed Rules 32825 

insolvency benefit level to PBGC and to 

each affected plan payee. 

(b) Combined notices. The plan 

sponsor may combine a notice of 

insolvency benefit level under this 

section and a notice of insolvency under 

§ 4281.43 for the same plan year. 

(c) When to provide notice—(1) 

Except as provided in paragraph (c)(2) 

of this section, the plan sponsor must 

provide the notices under this section 

by the later of— 

(i) 90 days before the beginning of the 

insolvency year, or 

(ii) 30 days after the date the 

insolvency determination is made. 

(2) Participants and beneficiaries in or 

entering pay status. The plan sponsor 

may deliver the notices required under 

this section to participants and 

beneficiaries who are in pay status or 

reasonably expected to enter pay status 

during the insolvency year for which 

the notice is given concurrently with the 

first benefit payment made after the date 

the insolvency determination is made. 

(d) Method of issuance to participants 

and beneficiaries. The issuance of the 

notice of insolvency benefit level to 

participants and beneficiaries who are 

in pay status or reasonably expected to 

enter pay status during the insolvency 

year for which the notice is given must 

be made by a method permitted under 

the rules in subpart B of part 4000 of 

this chapter. 

■ 29. Revise § 4281.46 to read as 

follows: 

§ 4281.46 Contents of notice of insolvency 

benefit level. 

(a) Notice to PBGC. A notice of 

insolvency benefit level required by 

§ 4281.45(a) to be filed with PBGC must 

contain the information and 

certification specified in the notice of 

insolvency benefit level instructions on 

PBGC’s website (www.pbgc.gov). 

(b) Notice to participants and 

beneficiaries in or entering pay status. A 

notice of insolvency benefit level 

required by § 4281.45(a) to be delivered 

to plan participants and beneficiaries in 

pay status or reasonably expected to 

enter pay status during the insolvency 

year must contain all of the following 

information— 

(1) The name of the plan. 

(2) The insolvency year for which the 

notice is being sent. 

(3) The monthly benefit that the 

participant or beneficiary may expect to 

receive during the insolvency year. 

(4) A statement that in subsequent 

plan years, depending on the plan’s 

available resources, this benefit level 

may be increased or decreased but not 

below the level guaranteed by PBGC, 

and that the participant or beneficiary 

will be notified in advance of the new 

benefit level if it is less than the 

participant’s full nonforfeitable benefit 

under the plan. 

(5) The amount of the participant’s or 

beneficiary’s monthly nonforfeitable 

benefit under the plan. 

(6) The amount of the participant’s or 

beneficiary’s monthly benefit that is 

guaranteed by PBGC. 

(7) The name, address, and telephone 

number of the plan administrator or 

other person designated by the plan 

sponsor to answer inquiries concerning 

benefits. 

■ 30. In § 4281.47: 

■ a. Amend the first sentence in 

paragraph (a) by removing ‘‘plan 

sponsor’’ and adding in its place ‘‘plan 

sponsor of a plan’’ and by removing 

‘‘shall’’ and adding in its place ‘‘must’’; 

the second sentence is amended by 

removing ‘‘shall’’ and adding in its 

place ‘‘must’’ and by removing 

‘‘prescribed in paragraph (b) of this 

section.’’ and adding in its place ‘‘under 

paragraph (b) of this section and contain 

the information under paragraph (c) of 

this section.’’; and the third and fourth 

sentences are removed. 

■ b. Revise paragraphs (b) and (c); 

■ c. Remove paragraphs (d) and (e). 

The revisions read as follows: 

§ 4281.47 Application for financial 

assistance. 

* * * * * 

(b) When, how, and where to apply— 

(1) Initial application. Except as 

provided in the next sentence, a plan 

sponsor must apply for financial 

assistance no later than 90 days before 

the first day of the month for which the 

plan sponsor has determined the 

resource benefit level will be below the 

level of guaranteed benefits. If a plan 

sponsor cannot practicably apply for 

financial assistance no later than 90 

days before such date, the application 

must be made as soon as practicable. 

(2) Recurring application. A plan 

sponsor must apply for financial 

assistance as soon as practicable after 

the plan sponsor determines that the 

plan will be unable to pay guaranteed 

benefits when due for a month. 

(3) How and where to apply. 

Application to PBGC for financial 

assistance must be made in accordance 

with the rules in subpart A of part 4000 

of this chapter. See § 4000.4 of this 

chapter for information on where to 

apply. 

(c) Contents of application—(1) Initial 

application. A plan sponsor applying 

for financial assistance because the 

plan’s resource benefit level is below 

the level of guaranteed benefits must file 

an application that includes the 

information specified in the instructions 

for an application for initial financial 

assistance on PBGC’s website 

(www.pbgc.gov). 

(2) Recurring application. A plan 

sponsor applying for financial 

assistance because the plan is unable to 

pay guaranteed benefits for any month 

must file an application that includes 

the information specified in the 

instructions for an application for 

recurring financial assistance on PBGC’s 

website (www.pbgc.gov). 

(3) Additional information. PBGC may 

request any additional information that 

it needs to calculate or verify the 

amount of financial assistance necessary 

as part of the conditions of granting 

financial assistance pursuant to section 

4261 of ERISA. 

Issued in Washington, DC. 

William Reeder, 

Director, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2018–15076 Filed 7–13–18; 8:45 am] 

BILLING CODE 7709–02–P 

ENVIRONMENTAL PROTECTION 

AGENCY 

40 CFR Part 300 

[EPA–HQ–SFUND–1990–0011; FRL–9980– 

63—Region 5] 

National Oil and Hazardous 

Substances Pollution Contingency 

Plan; National Priorities List: Partial 

Deletion of the Beloit Corporation 

Superfund Site 

AGENCY: Environmental Protection 

Agency. 

ACTION: Proposed rule; notification of 

intent. 

SUMMARY: The Environmental Protection 

Agency (EPA) Region 5 is issuing a 

Notice of Intent to Delete the Former 

Beloit Corporation Research Center 

Property (RCP) of the Beloit Corporation 

Superfund Site (Site), in Rockton, 

Illinois, from the National Priorities List 

(NPL) and requests public comments on 

this proposed action. This partial 

deletion includes all media at the 20- 

acre RCP. The rest of the Site remains 

on the NPL and is not affected by this 

action. The NPL, promulgated pursuant 

to Section 105 of the Comprehensive 

Environmental Response, 

Compensation, and Liability Act 

(CERCLA) of 1980, as amended, is an 

appendix of the National Oil and 

Hazardous Substances Pollution 

Contingency Plan (NCP). EPA and the 

State of Illinois, through the Illinois 

Environmental Protection Agency, have 


sradovich on DSK3GMQ082PROD with PROPOSALS
32826 Federal Register / Vol. 83, No. 136 / Monday, July 16, 2018 / Proposed Rules 

1Unless otherwise specified, all references to CFR 

sections and parts in this document refer to Title 

49 of the CFR. 

determined that all appropriate 

response actions at the RCP identified 

under CERCLA have been completed, 

other than maintenance, monitoring and 

five-year reviews. However, this partial 

deletion does not preclude future 

actions under CERCLA. 

DATES: Comments must be received by 

August 15, 2018. 

ADDRESSES: Submit your comments, 

identified by Docket ID No. EPA–HQ– 

SFUND–1990–0011, by mail to 

Randolph Cano, NPL Deletion 

Coordinator, U.S. Environmental 

Protection Agency Region 5 (SR–6J), 77 

West Jackson Boulevard, Chicago, IL 

60604. Comments may also be 

submitted electronically or through 

hand delivery/courier by following the 

detailed instructions in the ADDRESSES

section of the direct final rule located in 

the Rules section of this Federal 

Register. 

FOR FURTHER INFORMATION CONTACT: 

Randolph Cano, NPL Deletion 

Coordinator, U.S. Environmental 

Protection Agency Region 5 (SR–6J), 77 

West Jackson Boulevard, Chicago, IL 

60604, (312) 886–6036, email: 

cano.randolph@epa.gov. 

SUPPLEMENTARY INFORMATION: In the 

‘‘Rules and Regulations’’ section of 

today’s Federal Register, we are 

publishing a direct final Notice of 

Partial Deletion for the Former Beloit 

Corp. Research Center Property of the 

Beloit Corp. Superfund Site without 

prior Notification of Intent for Partial 

Deletion because EPA views this as a 

noncontroversial revision and 

anticipates no adverse comment. We 

have explained our reasons for this 

partial deletion in the preamble to the 

direct final Notice of Partial Deletion, 

and those reasons are incorporated 

herein. If we receive no adverse 

comment(s) on this partial deletion 

action, we will not take further action 

on this Notification of Intent for Partial 

Deletion. If we receive adverse 

comment(s), we will publish a timely 

withdrawal of the direct final partial 

deletion in the Federal Register 

informing the public that the partial 

deletion will not take effect. We will 

then, as appropriate, address all public 

comments in a subsequent final Notice 

of Partial Deletion based on this 

Notification of Intent for Partial 

Deletion. We will not institute a second 

comment period on this Notification of 

Intent for Partial Deletion. Any parties 

interested in commenting must do so at 

this time. 

For additional information, see the 

direct final Notice of Partial Deletion 

which is located in the Rules section of 

this Federal Register. 

List of Subjects in 40 CFR Part 300 

Environmental protection, Air 

pollution control, Chemicals, Hazardous 

substances, Hazardous waste, 

Intergovernmental relations, Penalties, 

Reporting and recordkeeping 

requirements, Superfund, Water 

pollution control, Water supply. 

Authority: 33 U.S.C. 1321(d); 42 U.S.C. 

9601–9657; E.O. 13626, 77 FR 56749, 3 CFR, 

2013 Comp., p. 306; E.O. 12777, 56 FR 54757, 

3 CFR, 1991 Comp., p. 351; E.O. 12580, 52 

FR 2923, 3 CFR, 1987 Comp., p. 193. 

Dated: June 25, 2018. 

Cathy Stepp, 

Regional Administrator, Region 5. 

[FR Doc. 2018–15145 Filed 7–13–18; 8:45 am] 

BILLING CODE 6560–50–P 

DEPARTMENT OF TRANSPORTATION 

Federal Railroad Administration 

49 CFR Part 210 

[Docket No. FRA–2017–0038] 

RIN 2130–AC69 

Railroad Noise Emission Compliance 

Regulations 

AGENCY: Federal Railroad 

Administration (FRA), Department of 

Transportation (DOT). 

ACTION: Notice of proposed rulemaking 

(NPRM). 

SUMMARY: FRA proposes to eliminate the 

requirement that certain locomotives 

display a badge or tag to demonstrate 

the railroad has certified the 

locomotives comply with noise 

emission standards. This proposed rule 

would reduce economic burdens on the 

rail industry by removing the badge or 

tag requirement. 

DATES: 

(1) Written comments must be 

received by September 14, 2018. 

Comments received after that date will 

be considered to the extent practicable. 

(2) FRA anticipates being able to 

resolve this rulemaking without a 

public, oral hearing. However, if FRA 

receives a specific request for a public, 

oral hearing prior to August 15, 2018, 

one will be scheduled and FRA will 

publish a supplemental document in the 

Federal Register to inform interested 

parties of the date, time, and location of 

any such hearing. 

ADDRESSES: 

Comments: Comments related to 

Docket No. FRA–2017–0038 may be 

submitted by any of the following 

methods: 

• Website: Federal eRulemaking 

Portal, http://www.regulations.gov. 

Follow the online instructions for 

submitting comments. 

• Fax: 202–493–2251. 

• Mail: Docket Management Facility, 

U.S. Department of Transportation, 1200 

New Jersey Avenue SE, W12–140, 

Washington, DC 20590. 

• Hand Delivery: Room W12–140 on 

the Ground level of the West Building, 

1200 New Jersey Avenue SE, W12–140, 

Washington, DC, between 9 a.m. and 5 

p.m., Monday through Friday, except 

Federal holidays. 

Instructions: All submissions must 

include the agency name and docket 

number or Regulatory Identification 

Number (RIN) for this rulemaking. Note 

that all comments received will be 

posted without change to http://

www.regulations.gov including any 

personal information. Please see the 

Privacy Act heading in the 

SUPPLEMENTARY INFORMATION section of 

this document for Privacy Act 

information related to any submitted 

comments or materials. 

Docket: For access to the docket to 

read background documents or 

comments received, go to http://

www.regulations.gov at any time or to 

Room W12–140 on the Ground level of 

the West Building, 1200 New Jersey 

Avenue SE, Washington, DC, between 9 

a.m. and 5 p.m., Monday through 

Friday, except Federal holidays. 

FOR FURTHER INFORMATION CONTACT: 

Michael Watson, Industrial Hygienist, 

Office of Railroad Safety, Federal 

Railroad Administration, 1200 New 

Jersey Avenue SE, W38–224, 

Washington, DC 20590 (telephone 202– 

493–1388), or Sam Gilbert, Trial 

Attorney, Office of Chief Counsel, 

Federal Railroad Administration, 1200 

New Jersey Avenue SE, W31–228, 

Washington, DC 20590 (telephone 202– 

493–0270). 

SUPPLEMENTARY INFORMATION: 

I. Executive Summary 

On January 30, 2017, the President 

issued Executive Order 13771, which 

requires, when an agency proposes a 

new significant regulation, it must 

identify at least two existing regulations 

to be repealed. FRA reviewed the 

Railroad Noise Emission Compliance 

Regulations in 49 CFR part 210 1 (‘‘part 

210’’) and identified for potential 

elimination the requirement that 

railroads display a permanent badge or 

tag in the cabs of their locomotives 

certifying the locomotives comply with 

FRA’s noise emission standards. FRA 

believes eliminating this requirement 


sradovich on DSK3GMQ082PROD with PROPOSALS