Federal Register / Vol. 62, No. 72 / Tuesday, April 15, 1997 / Notices 18375

For premium payment years

beginning in:

The

required

interest

rate is:

Nov. 1996 ..................................... 5.45

Dec. 1996 ..................................... 5.18

Jan. 1997 ...................................... 5.24

Feb. 1997 ...................................... 5.46

Mar. 1997 ...................................... 5.35

Apr. 1997 ...................................... 5.54

Late Premium Payments;

Underpayments and Overpayments of

Single-Employer Plan Termination

Liability

Section 4007(b) of ERISA and

§ 4007.7(a) of the PBGC’s regulation on

Payment of Premiums (29 CFR part

4007) require the payment of interest on

late premium payments at the rate

established under section 6601 of the

Internal Revenue Code. Similarly,

§ 4062.7 of the PBGC’s regulation on

Liability for Termination of Singleemployer Plans (29 CFR part 4062)

requires that interest be charged or

credited at the section 6601 rate on

underpayments and overpayments of

employer liability under section 4062 of

ERISA. The section 6601 rate is

established periodically (currently

quarterly) by the Internal Revenue

Service. The rate applicable to the

second quarter (April through June) of

1997, as announced by the IRS, is 9

percent.

The following table lists the late

payment interest rates for premiums and

employer liability for the specified time

periods:

From Through Interest rate

(percent)

4/1/91 ................ 12/31/91 10

1/1/92 ................ 3/31/92 9

4/1/92 ................ 9/30/92 8

10/1/92 .............. 6/30/94 7

7/1/94 ................ 9/30/94 8

10/1/94 .............. 3/31/95 9

4/1/95 ................ 6/30/95 10

7/1/95 ................ 3/31/96 9

4/1/96 ................ 6/30/96 8

7/1/96 ................ 12/31/96 9

1/1/97 ................ 3/31/97 9

4/1/97 ................ 6/30/97 9

Underpayments and Overpayments of

Multiemployer Withdrawal Liability

Section 4219.32(b) of the PBGC’s

regulation on Notice, Collection, and

Redetermination of Withdrawal

Liability (29 CFR part 4219) specifies

the rate at which a multiemployer plan

is to charge or credit interest on

underpayments and overpayments of

withdrawal liability under section 4219

of ERISA unless an applicable plan

provision provides otherwise. For

interest accruing during any calendar

quarter, the specified rate is the average

quoted prime rate on short-term

commercial loans for the fifteenth day

(or the next business day if the fifteenth

day is not a business day) of the month

preceding the beginning of the quarter,

as reported by the Board of Governors

of the Federal Reserve System in

Statistical Release H.15 (‘‘Selected

Interest Rates’’). The rate for the second

quarter (April through June) of 1997

(i.e., the rate reported for March 17,

1997) is 8.25 percent.

The following table lists the

withdrawal liability underpayment and

overpayment interest rates for the

specified time periods:

From Through Rate (percent)

4/1/91 ................ 16/30/91 9.00

7/1/91 ................ 9/30/91 8.50

10/1/91 .............. 12/31/91 8.00

1/1/92 ................ 3/31/92 7.50

4/1/92 ................ 9/30/92 6.50

10/1/92 .............. 6/30/94 6.00

7/1/94 ................ 9/30/94 7.25

10/1/94 .............. 12/31/94 7.75

1/1/95 ................ 3/31/95 8.50

4/1/95 ................ 9/30/95 9.00

10/1/95 .............. 3/31/96 8.75

4/1/96 ................ 12/31/96 8.25

1/1/97 ................ 3/31/97 8.25

4/1/97 ................ 6/30/97 8.25

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 May

1997 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.

Issued in Washington, DC, on this 8th day

of April 1997.

John Seal,

Acting Executive Director, Pension Benefit

Guaranty Corporation.

[FR Doc. 97–9595 Filed 4–14–97; 8:45 am]

BILLING CODE 7708–01–P

POSTAL SERVICE

Privacy Act of 1974, System of

Records

AGENCY: Postal Service.

ACTION: Notice of new system of records.

SUMMARY: This document publishes

notice of a new Privacy Act system of

records, Collection and Delivery

Records—Customer Public Key

Certificate Records, USPS 010.090. The

new system consists of an electronic

database containing limited information

about postal customers who have been

authorized public key certificates by the

Postal Service. A public key certificate

is a digital document that can be used

to validate the authenticity of a digitally

signed document sent by way of the

Internet, a service provider, or a valueadded network from one customer to

another. The Postal Service acts as the

certifying authority that assigns and

holds public key certificates for

participating customers, the records

subjects covered by this system.

DATES: Any interested party may submit

written comments on the proposed new

system of records. This proposal will

become effective without further notice

on May 27, 1997, unless comments

received on or before that date result in

a contrary determination.

ADDRESSES: Written comments on this

proposal should be mailed or delivered

to Payroll Accounting and Records,

United States Postal Service, 475

L’Enfant Plaza SW, Room 8650,

Washington, DC 20260–5243. Copies of

all written comments will be available

at the above address for public

inspection and photocopying between 8

a.m. and 4:45 p.m., Monday through

Friday.

FOR FURTHER INFORMATION CONTACT:

Betty E. Sheriff, (202) 268–2608.

SUPPLEMENTARY INFORMATION: The Postal

Service is conducting a pilot program

with several federal agencies. The Postal

Service’s role is to act as the certifying

authority by using and managing X.509

public key certificates containing a

person’s distinguished name, public

key, and other identifying information.

Under the program a customer applies

to a Registrar (a Postal Service authority)

to receive a Postal Service public key

certificate. Information collected

through the application process is

limited to the customer name, address,

phone number, electronic mail address,

signature, and payment information.

The Registrar then creates a key pair

consisting of a public key and a private

key. Keys are long, random, bit strings

that are unique to the user. That

application information, as well as a

distinguished name for the user, is

transmitted to the Postal Service

database covered by this system. The

database returns a signed certificate to

the Registrar, who enters it onto a disk

along with the distinguished name,

public key, and private key. The disk is
18376 Federal Register / Vol. 62, No. 72 / Tuesday, April 15, 1997 / Notices

given to the customer who uses special

software, along with the private key, to

send and digitally sign documents. The

public key and certificate are public

data, but the customer is instructed not

to disclose the private key and personal

identification number (PIN) associated

with the private key to a third party.

Maintenance of these records is not

expected to affect individual privacy

rights because, to the extent that the

system covers individuals, limited

information about them is kept. A large

segment of the population covered by

the system is businesses, which are not

covered by the Privacy Act. Other than

digital components for public key

certification, the information kept about

a customer is name, distinguished

name, public key(s), account, phone

number, postal and electronic mail

address, and payment information.

Information kept within the database

is protected by several layers. The

computer housing the database is

located in a building with access

controlled by guards and a room with

access controlled by the use of card

keys. Other components of the security

architecture are an asynchronous

gateway, a network firewall, LAN

connection, operating system, database

management system, application

software, database software security

architecture, application software

security architecture, and key

generation and maintenance. Each of

these levels has been subjected to an

external audit to ensure security of the

system. In addition, internal access to

the database is limited to the system

administrator, database administrator,

and designated support personnel. Key

pairs are protected against cryptanalysis

by encrypting the private key and by

using a shared secret algorithm to

protect the encryption key, and the

certificate authority key is stored in a

separate, tamperproof hardware device.

Finally, activities are audited and

archived information is protected from

corruption, deletion, and modification.

With the above security controls the

information will be protected from

unauthorized access unless a customer

does not heed a warning to keep the

private key and PIN secret. If a private

key is compromised, the Postal Service

will immediately revoke upon

notification from the certificate holder

the related certificate.

Pursuant to 5 U.S.C. 552a(e)(11),

interested persons are invited to submit

written data, views, or arguments

regarding this proposal. A report of the

following proposed system has been

sent to Congress and to the Office of

Management and Budget for their

evaluation.

USPS 010.090

SYSTEM NAME:

Collection and Delivery Records—

Customer Public Key Certificate

Records, USPS 010.090.

SYSTEM LOCATIONS:

Marketing, Headquarters, and

Information Systems Service Center,

San Mateo, CA.

CATEGORIES OF INDIVIDUALS COVERED BY THE

SYSTEM:

Business and individual postal

customers who apply to receive a public

key certificate.

CATEGORIES OF RECORDS IN THE SYSTEM:

The following information is kept

with regard to customers who have

applied for public key certificates from

the Postal Service: Name, address,

phone number, electronic mail address,

payment information, customer’s public

key(s), certificate serial numbers,

customer’s distinguished name,

effective dates of authorized certificates,

certificate algorithm, date of revocation

or expiration of certificate, Postal

Service-authorized digital signature, and

information supplied by the customer to

identify who may have access to public

key data related to that customer.

AUTHORITY FOR MAINTENANCE OF THE SYSTEM:

39 U.S.C. 403 and 404.

PURPOSE(S):

Information within this system is

used to issue and manage public key

certificates.

ROUTINE USES OF RECORDS MAINTAINED IN THE

SYSTEM, INCLUDING CATEGORIES OF USERS AND

THE PURPOSES OF SUCH USES:

General routine use statements a, b, c,

d, e, f, g, h, and j listed in the prefatory

statement at the beginning of the Postal

Service’s published system notices

apply to this system. Other routine uses

follow:

1. The X.509 certificate and public

key associated with a records subject

may be disclosed to persons who

provide the associated certificate

number or distinguished name and who

have not been denied access by the

records subject.

POLICIES AND PRACTICES FOR STORING,

RETRIEVING, ACCESSING, RETAINING, AND

DISPOSING OF RECORDS IN THE SYSTEM:

STORAGE:

Paper, automated database, and

computer storage media.

RETRIEVABILITY:

Customer name, distinguished name,

certificate serial number, and public

key.

SAFEGUARDS:

Hard copy records and computers

containing information within this

system of records are located in a

building with entrance access controlled

by guards and room access controlled by

card readers. Information within the

database is protected by a security

architecture of several layers that

includes an asynchronous gateway,

network firewall, operating security

system, and database software security

architecture. Internal access to the

database is limited to the system

administrator, database administrator,

and designated support personnel. Key

pairs are protected against cryptanalysis

by encrypting the private key and by

using a shared secret algorithm to

protect the encryption key, and the

certificate authority key is stored in a

separate, tamperproof, hardware device.

Activities are audited and archived

information is protected from

corruption, deletion, and modification.

RETENTION AND DISPOSAL:

a. Pending Public Key Certificate

Application Files. These records are

added as received to an electronic

database. Move to authorized certificate

file when they are updated with the

required data. Destroy records not

updated within 90 days from the date of

receipt.

b. Public Key Certificate Directory.

These records are maintained in an

electronic database and are constantly

updated. Destroy records as they are

superseded or deleted.

c. Authorized Public Key Certificate

Master File. These records are

maintained in an electronic database for

the life of the authorized certificate.

Move to the certificate revocation file

when certificate is revoked or expired.

d. Public Key Certificate Revocation

List. Cut off this file at the end of each

calendar year. Destroy these records 30

years from the date of cutoff.

SYSTEM MANAGER(S) AND ADDRESS:

Vice President, Technology

Applications, United States Postal

Service, 475 L’Enfant Plaza SW,

Washington, DC 20260–2403

NOTIFICATION PROCEDURE:

Individuals wanting to know whether

information about them is maintained in

this system of records must address

inquiries in writing to the system

manager. Inquiries must contain name

and certificate serial number.

RECORD ACCESS PROCEDURES:

Access must be requested in

accordance with the Notification

Procedure above and the Postal Service
Federal Register / Vol. 62, No. 72 / Tuesday, April 15, 1997 / Notices 18377

Privacy Act regulations regarding access

to records and verification of identity

under 39 CFR 266.6.

CONTESTING RECORD PROCEDURES:

See Notification Procedure and

Record Access Procedures above.

RECORD SOURCE CATEGORIES:

Customers.

Stanley F. Mires,

Chief Counsel, Legislative.

[FR Doc. 97–9590 Filed 4–15–97; 8:45 am]

BILLING CODE 7710–12–P

SECURITIES AND EXCHANGE

COMMISSION

Sunshine Act Meeting

Notice is hereby given, pursuant to

the provisions of the Government in the

Sunshine Act, Pub. L. 94–409, that the

Securities and Exchange Commission

held a closed meeting on Tuesday, April

8, 1997.

Commissioners, Counsel to the

Commissioners, the Secretary to the

Commission, and recording secretaries

attended the closed meeting. Certain

staff members with an interest in the

matters were also present.

The General Counsel of the

Commission, or his designee, has

certified that, in his opinion, one or

more of the exemptions set forth in 5

U.S.C. 552b(c) (4), (8), (9)(A) and (10)

and 17 CFR 200.402(a) (4), (8), (9)(i) and

(10), permit consideration of the

scheduled matters at the closed meeting.

Commissioner Johnson, as duty

officer, voted to consider the items

listed for the closed meeting in a closed

session.

The subject matter of the closed

meeting held on Tuesday, April 8, 1997,

at 11:15 a.m., was:

Matter involving confidential privileged

commercial or financial information.

Institution of injunctive action.

Formal order of investigation.

Commissioner Johnson, as duty

officer, determined that Commission

business required the above change and

that no earlier notice thereof was

possible.

At times, changes in Commission

priorities require alterations in the

scheduling of meeting items. For further

information and to ascertain what, if

any, matters have been added, deleted

or postponed, please contact: The Office

of the Secretary at (202) 942–7070.

Dated: April 11, 1997.

Johathan G. Katz,

Secretary.

[FR Doc. 97–9888 Filed 4–11–97; 3:54 pm]

BILLING CODE 8010–01–M

DEPARTMENT OF STATE

[Public Notice No. 2530]

Defense Trade Advisory Group; Notice

of Upcoming Meeting

The Defense Trade Advisory Group

(DTAG) will meet beginning at 8:30 a.m.

on Friday, May 16, 1997, in the East

Auditorium, U.S. Department of State,

2201 C Street, NW., Washington, DC

20520. This advisory committee consists

of private sector defense trade

specialists who advise the Department

on policies, regulations, and technical

issues affecting defense trade.

The open session will include

presentations by representatives of the

Department of State and the Department

of Defense. Reports on DTAG Working

Group progress, accomplishments, and

future projects will also be presented.

Members of the public may attend the

open session as seating capacity allows,

and will be permitted to participate in

the discussion in accordance with the

Chairman’s instructions.

As access to the Department of State

is controlled, persons wishing to attend

the meeting must notify the DTAG

Executive Secretariat by COB Monday,

May 12, 1997. If you notify the DTAG

Secretariat after this date, the DTAG

Secretariat cannot guarantee that State’s

Bureau of Diplomatic Security can

complete the necessary background

checks required for you to attend the

May 16 plenary.

Each person should provide his/her

name, company or organizational

affiliation, date of birth, and social

security number to the DTAG

Secretariat at telephone number (202)

647–4231 or fax number (202) 647–4232

(Attention: Catherine Shelton). A list

will be made up for Diplomatic Security

and the Reception Desk at the C-Street

diplomatic entrance. Attendees must

carry a valid photo ID with them. They

should enter the building through the CStreet diplomatic entrance (22nd and C

Streets, NW.) where Department

personnel will direct them to the East

auditorium.

A working lunch will be held at the

Department. Limits on available seating

may require that only DTAG members

may attend.

For further information, contact

Catherine Shelton of the DTAG

Secretariat, U.S. Department of State,

Office of Arms Transfer and Export

Control Policy (PM/ATEC), Room 2422

Main State, Washington, DC 20520–

2422. She may be reached at telephone

number (202) 647–4231 or fax number

(202) 647–4232.

Dated: April 9, 1997.

Martha C. Harris,

Deputy Assistant Secretary for Export

Controls, Bureau of Political-Military Affairs.

[FR Doc. 97–9654 Filed 4–14–97; 8:45 am]

BILLING CODE 4710–25–M

DEPARTMENT OF TRANSPORTATION

Office of the Secretary

[OST Docket No. OST–95–141 (50125)]

Department of Transportation (DOT)

Order To Address Environmental

Justice in Minority Populations and

Low-Income Populations

AGENCY: Departmental Office of Civil

Rights and Office of the Assistant

Secretary for Transportation Policy,

DOT.

ACTION: Notice of final DOT Order on

environmental justice.

SUMMARY: The Department of

Transportation is issuing its final DOT

Order, which will be used by DOT to

comply with Executive Order 12898,

Federal Actions to Address

Environmental Justice in Minority

Populations and Low-Income

Populations. The Order generally

describes the process that the Office of

the Secretary and each Operating

Administration will use to incorporate

environmental justice principles (as

embodied in the Executive Order) into

existing programs, policies, and

activities. The Order provides that the

Office of the Secretary and each

Operating Administration within DOT

will develop specific procedures to

incorporate the goals of the DOT Order

and the Executive Order with the

programs, policies and activities which

they administer or implement.

FOR FURTHER INFORMATION CONTACT: Ira

Laster Jr., Office of Environment,

Energy, and Safety, Office of the

Assistant Secretary for Transportation

Policy, (202) 366–4859, or Marc

Brenman, Departmental Office of Civil

Rights, (202) 366–1119, U.S. Department

of Transportation, 400 7th Street, SW.,

Washington, DC 20590.

SUPPLEMENTARY INFORMATION: Executive

Order 12898, as well as the President’s

February 11, 1994 Memorandum on

Environmental Justice (sent to the heads

of all departments and agencies), are

intended to ensure that Federal

departments and agencies identify and

address disproportionately high and

adverse human health or environmental

effects of their policies, programs and

activities on minority populations and

low-income populations.