30928 Federal Register / Vol. 77, No. 101 / Thursday, May 24, 2012 / Proposed Rules 

of the blades are removed as specified in 

Table 2 of this AD. 

TABLE 2—COMPLIANCE TIMES AND SERVICE BULLETINS BY ENGINE MODEL

For engine model Inspect whenever— To inspect, use— 

PW4074, PW4077, PW4077D, 

PW4084D, PW4090, and PW4090–3.

Any of the HPC 13thor 14thstage 

blades are removed during a shop 

visit.

Paragraphs 1.A. through 1.B. of the Accomplishment Instructions of PW4G–112–72–264, Revision 2, dated February 23, 2010. 

PW4164, PW4168, and PW4168A .......... Any of the HPC 13th, 14th, or 15th 

stage blades are removed during a 

shop visit.

Paragraphs 1.A. through 1.C of the Accomplishment Instructions of PW4G–100–72–186, Revision 1, dated 

September 2, 2004. 

PW4052, PW4056, PW4060, PW4062, 

PW4062A, PW4152, PW4156A, 

PW4158, PW4460, and PW4462.

Any of the HPC 13th, 14th, or 15th 

stage blades are removed during a 

shop visit.

Paragraphs 1.A. through 1.C. of the Accomplishment Instructions of PW4ENG 72–796, dated June 11, 2009. 

(2) Remove from service any HPC drum 

rotor disk assembly rear drum found with a 

crack in any of the blade loading and locking 

slots. 

(g) Replacement of 13th, 14th, and 15th HPC 

Seals 

At the next piece-part exposure of the HPC 

drum rotor disk assembly after the effective 

date of this AD: 

(1) Replace the 13th, 14th, and 15th stage 

HPC seals of engines listed in paragraph 

(c)(1) of this AD in accordance with the 

Accomplishment Instructions of Pratt & 

Whitney Service Bulletin (SB) No. PW4ENG 

72–816, dated December 2, 2011. 

(2) Replace the 13th, 14th, and 15th stage 

HPC seals of engines listed in paragraph 

(c)(2) of this AD in accordance with the 

Accomplishment Instructions of Pratt & 

Whitney SB No. PW4G–100–72–240, dated 

November 15, 2011. 

(h) Optional Terminating Action 

As optional terminating action to the 

repetitive inspection requirements of this 

AD: 

(1) Replace the HPC drum rotor disk 

assembly of engines listed in paragraph (c)(1) 

of this AD with a redesigned HPC drum rotor 

disk assembly in accordance with the 

Accomplishment Instructions of Pratt & 

Whitney SB No. PW4ENG 72–817, dated 

December 7, 2011. 

(2) Replace the HPC drum rotor disk 

assembly of engines listed in paragraph (c)(2) 

of this AD with a redesigned HPC drum rotor 

disk assembly in accordance with the 

Accomplishment Instructions of Pratt & 

Whitney SB No. PW4G–100–72–241, dated 

November 15, 2011. 

(i) Definition 

For the purpose of this AD, piece-part 

exposure means that the HPC drum rotor disk 

assembly is removed from the engine and 

completely disassembled. 

(j) Alternative Methods of Compliance 

(AMOCs) 

The Manager, Engine Certification Office, 

may approve AMOCs for this AD. Use the 

procedures found in 14 CFR 39.19 to make 

your request. AMOCs approved previously in 

accordance with AD 2010–18–13, 

Amendment 39–16427 (75 FR 55459, 

September 13, 2010) are approved as AMOCs 

for the corresponding requirements in 

paragraph (f) of this AD. 

(k) Related Information 

(1) For more information about this AD, 

contact James Gray, Aerospace Engineer, 

Engine & Propeller Directorate, FAA, 12 New 

England Executive Park, Burlington, MA 

01803; phone: 781–238–7742; fax: 781–238– 

7199; email: james.e.gray@faa.gov. 

(2) For service information identified in 

this AD, contact Pratt & Whitney, 400 Main 

St., East Hartford, CT 06108; phone: 860– 

565–7700; fax: 860–565–1605. You may 

review copies of the referenced service 

information at the FAA, Engine & Propeller 

Directorate, 12 New England Executive Park, 

Burlington, MA. For information on the 

availability of this material at the FAA, call 

781–238–7125. 

Issued in Burlington, Massachusetts, on 

May 16, 2012. 

Peter A. White, 

Manager, Engine & Propeller Directorate, 

Aircraft Certification Service. 

[FR Doc. 2012–12414 Filed 5–23–12; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF LABOR 

Employee Benefits Security 

Administration 

29 CFR Part 2550 

RIN 1210–AB38 

Target Date Disclosure 

AGENCY: Employee Benefits Security 

Administration, Labor. 

ACTION: Proposed rule; reopening of 

comment period. 

SUMMARY: The Department of Labor’s 

Employee Benefits Security 

Administration is reopening the period 

for public comment on proposed 

regulatory amendments relating to 

enhanced disclosure concerning target 

date or similar investments, originally 

proposed in a previously published 

document in the Federal Register. 

DATES: Written comments on the 

proposed regulation should be received 

by the Department of Labor no later than 

July 9, 2012. 

ADDRESSES: Written comments may be 

submitted to the addresses specified 

below. All comments will be made 

available to the public. Warning: Do not 

include any personally identifiable 

information (such as name, address, or 

other contact information) or 

confidential business information that 

you do not want publicly disclosed. All 

comments may be posted on the Internet 

and can be retrieved by most Internet 

search engines. Comments may be 

submitted anonymously. Persons 

submitting comments electronically are 

encouraged not to submit paper copies. 

Comments identified by RIN 1210– 

AB38 may be submitted by one of the 

following methods: 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

• Email: e-ORI@dol.gov. 

• Mail or Hand Delivery: Office of 

Regulations and Interpretations, 

Employee Benefits Security 

Administration, Room N–5655, U.S. 

Department of Labor, 200 Constitution 

Avenue NW., Washington, DC 20210, 

Attention: RIN 1210–AB38; Target Date 

Disclosure. Comments received by the 

Department of Labor may be posted 

without change to http:// 

www.regulations.gov and http:// 

www.dol.gov/ebsa, and will be made 

available for public inspection at the 

Public Disclosure Room, N–1513, 

Employee Benefits Security 

Administration, 200 Constitution 

Avenue NW., Washington, DC 20210. 

FOR FURTHER INFORMATION CONTACT: 

Kristen Zarenko, Office of Regulations 

and Interpretations, Employee Benefits 

Security Administration, (202) 693– 

8500. This is not a toll-free number. 

SUPPLEMENTARY INFORMATION: The 

Employee Benefits Security 

Administration of the Department of 


srobinson on DSK4SPTVN1PROD with PROPOSALS
Federal Register / Vol. 77, No. 101 / Thursday, May 24, 2012 / Proposed Rules 30929 

1See 75 FR 73987 (Nov. 30, 2010), proposing to 

amend the Department’s qualified default 

investment alternative regulation, 72 FR 60452 (Oct. 

24, 2007), and participant-level disclosure 

regulation, 75 FR 64910 (Oct. 20. 2010). 

2See id. 

3Commission Release Nos. 33–9126, 34–62300, 

IC–29301 (June 2010). 

4http://www.sec.gov/comments/s7-12-10/s71210- 

58.pdf. 

5See 77 FR 20749 (April 6, 2012). 

Labor (Department) is reopening the 

period for public comment on proposed 

regulatory amendments to improve the 

information that is disclosed to 

participants and beneficiaries 

concerning investments in target date or 

similar funds (TDFs). In November 

2010, the Department published a 

proposal to amend its qualified default 

investment alternative regulation (29 

CFR 2550.404c–5) and participant-level 

disclosure regulation (29 CFR 

2550.404a–5). The comment period for 

the proposal originally closed on 

January 14, 2011.1 The proposal 

includes more specific disclosure 

requirements for TDFs, based on 

evidence that plan participants and 

beneficiaries would benefit from 

additional information concerning these 

investments. Specifically, the proposal 

would require an explanation of the 

TDF’s asset allocation, how the asset 

allocation will change over time, and 

the point in time when the TDF will 

reach its most conservative asset 

allocation; including a chart, table, or 

other graphical representation that 

illustrates such change in asset 

allocation. The proposal also would 

require, among other things, information 

about the relevance of the TDF’s ‘‘target 

date;’’ any assumptions about 

participants’ and beneficiaries’ 

contribution and withdrawal intentions 

following the target date; and a 

statement that TDFs do not guarantee 

adequate retirement income and that 

participants and beneficiaries may lose 

money by investing in the TDF, 

including losses near and following 

retirement. Additional background and 

other information are contained in the 

Supplementary Information published 

with the proposed amendments.2

Throughout this regulatory initiative, 

the Department has consulted with the 

Securities and Exchange Commission 

(Commission). The Department also 

specifically requested comment in its 

proposal on whether the final rule 

should incorporate any of the elements 

of a rule proposed by the Commission 

to address concerns regarding the 

potential for investor 

misunderstandings about TDFs.3 In 

response, a large number of commenters 

strongly encouraged careful 

coordination with the Commission to 

avoid the potential cost and confusion 

(on the part of plan sponsors and 

participants and beneficiaries) that 

could result if the two agencies were to 

establish inconsistent disclosure 

requirements. Because of the 

relationship between the Department’s 

and the Commission’s regulatory 

proposals, the Department has 

continued to consult with Commission 

staff while working to issue a final rule. 

As part of its regulatory process, the 

Commission recently engaged a 

consultant to conduct investor testing of 

comprehension and communication 

issues relating to TDFs. A report 

presenting the findings of this research 

on individual investors’ understanding 

of TDFs and related fund 

advertisements is publicly available on 

the Commissions’ Web site.4 To provide 

interested parties an opportunity to 

comment on the results of this research 

and on its regulatory proposal, the 

Commission recently reopened the 

comment period for its proposal.5

As the results of this research also 

may be relevant to the Department’s 

proposal, and in order to provide all 

persons who are interested in this 

research an opportunity to comment on 

the report, the Department is reopening 

the comment period before action is 

taken to finalize regulatory 

amendments. The Department invites 

additional comments on the TDF 

proposal in light of this new research. 

To avoid unnecessary duplication, the 

Department encourages parties who 

submitted comments to the Commission 

in response to their reopened comment 

period, and who consider their 

comments to be similarly relevant to the 

Department’s review of the abovementioned research, to submit (or 

reference) such comments, in response 

to this request, for inclusion in the 

Department’s public record. Parties also 

may comment on any other matters that 

may have an effect on the Department’s 

proposal. Accordingly, the Department 

is extending the comment period until 

July 9, 2012. 

Signed at Washington, DC, this 15th day of 

May 2012. 

Phyllis C. Borzi, 

Assistant Secretary, Employee Benefits 

Security Administration, Department of 

Labor. 

[FR Doc. 2012–12386 Filed 5–23–12; 8:45 am] 

BILLING CODE 4510–29–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 100 

[Docket Number USCG–2012–0341] 

RIN 1625–AA08 

Special Local Regulations for Marine 

Events, Temporary Change of Dates 

for Recurring Marine Events in the 

Fifth Coast Guard District, Wrightsville 

Channel; Wrightsville Beach, NC 

AGENCY: Coast Guard, DHS. 

ACTION: Notice of proposed rulemaking. 

SUMMARY: The Coast Guard proposes to 

temporarily change the enforcement 

period of one special local regulation for 

a recurring marine event in the Fifth 

Coast Guard District, specifically the 

‘‘Wilmington YMCA Triathlon’’, locally 

known as the ‘‘Beach 2 Battleship’’, 

conducted on the waters of Wrightsville 

Channel near Wrightsville Beach, North 

Carolina. This Special Local Regulation 

is necessary to provide for the safety of 

life on navigable waters during the 

event, which has been rescheduled from 

the last Saturday in October or the first 

or second Saturday in November to the 

third Saturday in October. This action is 

intended to restrict vessel traffic on 

Wrightsville Channel during the 

swimming portion of this event. 

DATES: Comments and related material 

must be received by the Coast Guard on 

or before June 25, 2012. 

ADDRESSES: You may submit comments 

identified by docket number using any 

one of the following methods: 

(1) Federal eRulemaking Portal: 

http://www.regulations.gov. 

(2) Fax: 202–493–2251. 

(3) Mail or Delivery: Docket 

Management Facility (M–30), U.S. 

Department of Transportation, West 

Building Ground Floor, Room W12–140, 

1200 New Jersey Avenue SE., 

Washington, DC 20590–0001. Deliveries 

accepted between 9 a.m. and 5 p.m., 

Monday through Friday, except federal 

holidays. The telephone number is 202– 

366–9329. 

See the ‘‘Public Participation and 

Request for Comments’’ portion of the 

SUPPLEMENTARY INFORMATION section 

below for further instructions on 

submitting comments. To avoid 

duplication, please use only one of 

these three methods. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this rule, call or 

email BOSN3 Joseph M. Edge, Coast 

Guard Sector North Carolina, Coast 

Guard; telephone 252–247–4525, email 


srobinson on DSK4SPTVN1PROD with PROPOSALS