Federal Register / Vol. 63, No. 135 /Wednesday, July 15, 1998 /Rules and Regulations 38083

annuity interest assumptions represent a

decrease (from those in effect for July

1998) of 0.10 percent for the first 25

years following the valuation date and

are otherwise unchanged. For benefits to

be paid as lump sums, the interest

assumptions to be used by the PBGC

will be 4.00 percent for the period

during which a benefit is in pay status

and during any years preceding the

benefit’s placement in pay status. The

lump sum interest assumptions are

unchanged from those in effect for July

1998.

The PBGC has determined that notice

and public comment on this amendment

are impracticable and contrary to the

public interest. This finding is based on

the need to determine and issue new

interest assumptions promptly so that

the assumptions can reflect, as

accurately as possible, current market

conditions.

Because of the need to provide

immediate guidance for the valuation of

benefits in plans with valuation dates

during August 1998, the PBGC finds

that good cause exists for making the

assumptions set forth in 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 in 29 CFR Part 4044

Pension insurance, Pensions.

In consideration of the foregoing, 29

CFR part 4044 is amended as follows:

PART 4044—ALLOCATION OF

ASSETS IN SINGLE-EMPLOYER

PLANS

1. The authority citation for part 4044

continues to read as follows:

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

1341, 1344, 1362.

2. In appendix B, a new entry is

added to Table I, and Rate Set 58 is

added to Table II, as set forth below.

The introductory text of each table is

republished for the convenience of the

reader and remains unchanged.

Appendix B to Part 4044—Interest

Rates Used to Value Annuities and

Lump Sums

TABLE I.—ANNUITY VALUATIONS

[This table sets forth, for each indicated calendar month, the interest rates (denoted by i1, i2, * * *, and referred to generally as it) assumed to be

in effect between specified anniversaries of a valuation date that occurs within that calendar month; those anniversaries are specified in the

columns adjacent to the rates. The last listed rate is assumed to be in effect after the last listed anniversary date]

For valuation dates occurring in the month—

The values of it are:

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

* * * * * * *

August 1998 ........................................................................... .0540 1–25 .0525 >25 N/A N/A

TABLE II.—LUMP SUM VALUATIONS

[In using this table: (1) For benefits for which the participant or beneficiary is entitled to be in pay status on the valuation date, the immediate annuity rate shall apply; (2) For benefits for which the deferral period is y years (where y is an integer and 0<y≤n1,), interest rate i1 shall apply

from the valuation date for a period of y years, and thereafter the immediate annuity rate shall apply; (3) For benefits for which the deferral

period is y years (where y is an integer and n1 < y ≤ n1 + n2), interest rate i2 shall apply from the valuation date for a period of y¥n1 years,

interest rate i1 shall apply for the following n1 years, and thereafter the immediate annuity rate shall apply; (4) For benefits for which the deferral period is y years (where y is an integer and y > n1 + n2), interest rate i3 shall apply from the valuation date for a period of y¥ n1 ¥n2

years, interest rate i2 shall apply for the following n2 years, interest rate i1 shall apply for the following n1 years, and thereafter the immediate

annuity rate shall apply]

Rate set

For plans with a valuation

date Immediate

annuity rate

(percent)

Deferred annuities (percent)

i1

i2

On or after Before i3 n1 n2

* * * * * * *

58 08–1–98 09–1–98 4.00 4.00 4.00 4.00 7 8

Issued in Washington, DC, on this 6th day

of July 1998.

David M. Strauss,

Executive Director, Pension Benefit Guaranty

Corporation.

[FR Doc. 98–18682 Filed 7–14–98; 8:45 am]

BILLING CODE 7708–01–P

POSTAL SERVICE

39 CFR Part 111

Changes in Preferred Postage Rates—

Periodicals and Standard Mail

AGENCY: Postal Service.

ACTION: Final rule.

SUMMARY: Public Law No. 103–123

authorizes annual changes in the

reduced rates for preferred periodicals

and non-profit standard mail formerly

financed by appropriations for revenue

forgone. This action implements these

changes for FY 1999.

DATES: Effective Date: October 4, 1998.

The changes pertaining to postage rates

will be implemented effective 12:01

a.m., Sunday, October 4, 1998.

FOR FURTHER INFORMATION CONTACT:

Thomas DeVaughan, (202) 268–4491.

SUPPLEMENTARY INFORMATION: Under 39

U.S.C. 3626(a) and 3642, the Postal

Service is authorized to make

adjustments in the Periodicals Preferred

In-County pound rates and the

nonadvertising per piece rates for
38084 Federal Register / Vol. 63, No. 135 /Wednesday, July 15, 1998 /Rules and Regulations

Preferred Nonprofit publications, the

nonadvertising pound rates and the per

piece rates for Preferred Classroom

publications; and postal rates for

Nonprofit Standard Mail, Nonprofit

Enhanced Carrier Route Standard Mail,

and Library Mail. These adjustments are

necessary to phase up the institutionalcosts contribution of this mail to the

levels required by law by FY 1999.

The rates for Periodicals Science-ofAgriculture publications zones 1 and 2

will remain the same at 75 percent of

the rates charged on advertising in

regular-rate publications, as specified by

law. These rates will not change until

regular Periodicals advertising rates

change through a general rate case. Also,

since the maximum weight for

automation heavy letters is traditionally

the heaviest weight break Standard Mail

(A) minimum per-piece rates, the

maximum weight for these letters

mailed at First-Class Mail and

Periodicals is also changed with this

notice.

Please note, that the full rates

resulting from these adjustments will be

superseded by the full rates resulting

from the Docket Number R97–1 Rate

Case, which will take effect 12:01 a.m.,

Sunday, January 10, 1999.

List of Subjects in 39 CFR Part 111

Postal Service.

For the reasons discussed above, the

Postal Service hereby adopts the

following amendments to the Domestic

Mail Manual, which is incorporated by

reference in the Code of Federal

Regulations (see 39 CFR Part 111).

PART 111—[AMENDED]

1. The authority citation for 39 CFR

part 111 continues to read as follows:

Authority: 5 U.S.C. 552(a); 39 U.S.C. 101,

401, 403, 404, 3001–3011, 3201–3219, 3403–

3406, 3621, 3626, 5001.

2. Revise the following sections of

Domestic Mail Manual Issue 53 as set

forth below:

C Characteristics and Content

* * * * *

C800 Automation-Compatible Mail

C810 Letters and Cards

* * * * *

2.0 DIMENSIONS

* * * * *

2.3 Maximum Weight

[Amend 2.3f to read as follows:]

Maximum weight limits are as

follows:

* * * * *

f. 3.3388 ounces: automation FirstClass Mail, automation Periodicals, and

automation Nonprofit Standard Mail

heavy letters, subject to 7.5.

* * * * *

E Eligibility

* * * * *

E600 Standard Mail

E610 Basic Standards

* * * * *

E612 Additional Standards for

Standard Mail (A)

* * * * *

4.0 BULK RATES

* * * * *

4.2 Minimum Per Piece Rates

[Amend 4.2 by revising the first

sentence to read as follows:]

The minimum per piece rates (i.e., the

minimum postage that must be paid for

each piece) apply to Enhanced Carrier

Route rate pieces weighing no more

than 0.2066 pound (3.3062 ounces)

rounded; Regular nonautomation and

automation rate pieces weighing no

more than 0.2068 pound (3.3087

ounces) rounded; Nonprofit Enhanced

Carrier Route rate pieces weighing no

more than 0.2084 pound (3.3348

ounces) rounded; and Nonprofit

nonautomation and automation rate

pieces weighing no more than 0.2087

pound (3.3388 ounces) rounded. * * *

* * * * *

P Postage and Payment Methods

P000 Basic Information

P010 General Standards

* * * * *

P013 Rate Application and

Computation

* * * * *

4.0 RATE APPLICATION—

STANDARD MAIL (A)

* * * * *

4.3 Bulk Rates

[Amend 4.3 to read as follows:]

Bulk rates are based on the weight of

the pieces and are applied differently to

pieces weighing less than or equal to a

‘‘breakpoint’’ (rounded to four decimal

places) and those weighing more, as

follows:

a. The appropriate minimum per

piece rate applies to pieces weighing:

(1) 0.2066 pound (3.3062 ounces) or less

for Enhanced Carrier Route rates

(2) 0.2068 pound (3.3087 ounces) or less

for Regular rates

(3) 0.2084 pound (3.3348 ounces) or less

for Nonprofit Enhanced Carrier

Route rates

(4) 0.2087 pound (3.3388 ounces) or less

for Nonprofit rates

b. A rate determined by adding the

appropriate fixed per piece charge and

the corresponding variable per pound

charge (based on the weight of the

piece) applies to pieces weighing more

than the above.

* * * * *

R Rates and Fees

* * * * *

R100 First-Class Mail

* * * * *

Summary of First-Class Rates

[Amend footnote 3 to read as follows:]

3. Weight not to exceed 3.3388

ounces; pieces over 3 ounces subject to

additional standards.

* * * * *

R200 Periodicals

1.0 REGULAR

* * * * *

1.2 Piece Rates

[Amend footnote 1 to read as follows:]

1. Lower maximum weight limits

apply: letter-size at 3 ounces (or 3.3388

ounces for heavy letters); flat-size at 16

ounces.

* * * * *

2.0 PREFERRED—IN–COUNTY

2.1 Pound Rates

Per pound or fraction:

Zone Rate

Delivery Unit ................................. $0.116

All Others ...................................... 0.126

2.2 Piece Rates

[Amend footnote 1 to read as follows:]

1. Lower maximum weight limits

apply: letter-size at 3 ounces (or 3.3388

ounces for heavy letters); flat-size at 16

ounces.

* * * * *

3.0 PREFERRED—NONPROFIT

* * * * *

3.2 Piece Rates

Per addressed piece:
Federal Register / Vol. 63, No. 135 /Wednesday, July 15, 1998 /Rules and Regulations 38085

Presort level Nonautomation

Automation 1

Letter-size Flat-size

Basic ......................................................................................................................................................... $0.219 0.189 0.195

3/5 ............................................................................................................................................................. 0.174 .................... 0.150

3-Digit ....................................................................................................................................................... .................... 0.151 ....................

5-Digit ....................................................................................................................................................... 0.151 ....................

Carrier Route ............................................................................................................................................ 0.107 .................... ....................

High Density ............................................................................................................................................. 0.100 .................... ....................

Saturation ................................................................................................................................................. 0.086 .................... ....................

1 Lower maximum weight limits apply: letter-size at 3 ounces (or 3.3388 ounces for heavy letters); flat-size at 16 ounces.

* * * * *

4.0 PREFERRED—CLASSROOM

4.1 Pound Rates

Per pound or fraction:

a. For the nonadvertising portion:

$0.142.

* * * * *

4.2 Piece Rates

Per addressed piece:

Automation 1 Presort

level

Nonautomation

Letter-size Flat-size

Basic ......................................................................................................................................................... $0.219 $0.189 $0.195

3/5 ............................................................................................................................................................. 0.174 .................... 0.150

3-Digit ....................................................................................................................................................... .................... 0.151 ....................

5-Digit ....................................................................................................................................................... .................... 0.151 ....................

Carrier Route ............................................................................................................................................ 0.107 .................... ....................

High Density ............................................................................................................................................. 0.100 .................... ....................

Saturation ................................................................................................................................................. 0.086 .................... ....................

1 Lower maximum weight limits apply: letter-size at 3 ounces (or 3.3388 ounces for heavy letters); flat-size at 16 ounces.

4.3 Discounts

Piece rate discounts:

* * * * *

b. Delivery unit zone piece discount

for each addressed piece claimed in the

pound rate portion at the delivery unit

zone rate: $0.012.

c. SCF zone piece discount for each

addressed piece claimed in the pound

rate portion at the SCF zone rate:

$0.006.

5.0 PREFERRED—SCIENCE-OFAGRICULTURE

* * * * *

5.2 Piece Rates

[Amend footnote 1 to read as follows:]

1. Lower maximum weight limits

apply: letter-size at 3 ounces (or 3.3388

ounces for heavy letters); flat-size at 16

ounces.

* * * * *

R600 Standard Mail

* * * * *

4.0 NONPROFIT STANDARD MAIL

4.1 Letter-Size Minimum Per Piece

Rates

Pieces 0.2087 pound (3.3388 ounces)

or less:

Entry discount

Nonautomation Automation 1

Basic 3/5 Basic 3-Digit 5-Digit

None ......................................................................................................... $0.138 $0.120 $0.105 $0.101 $0.088

DBMC ....................................................................................................... 0.125 0.107 0.092 0.088 0.075

DSCF ........................................................................................................ 0.120 0.102 0.087 0.083 0.070

DDU .......................................................................................................... .................... .................... .................... .................... ....................

1Pieces weighing over 3 ounces subject to additional standards.

4.2 Nonletter-Size Minimum Per Piece

Rates

Pieces 0.2087 pound (3.3388 ounces)

or less:

Entry discount

Nonautomation Automation 1

Basic 3/5 Basic 3/5

None ................................................................................................................................. $0.201 $0.149 $0.177 $0.125

DBMC ............................................................................................................................... 0.188 0.136 0.164 0.112

DSCF ................................................................................................................................ 0.183 0.131 0.159 0.107
38086 Federal Register / Vol. 63, No. 135 /Wednesday, July 15, 1998 /Rules and Regulations

Entry discount

Nonautomation Automation 1

Basic 3/5 Basic 3/5

DDU .................................................................................................................................. .................... .................... .................... ....................

1Available only for automation-compatible flats.

4.3 Piece/Pound Rates

Pieces more than 0.2087 pound

(3.3388 ounces):

Piece/pound rate 1

Nonautomation Automation 2

Basic 3/5 Basic 3/5

Per Piece .......................................................................................................................... $0.100 $0.048 $0.076 $0.024

Per Pound (includes entry discount if applicable) ............................................................ PLUS PLUS PLUS PLUS

None ................................................................................................................................. 0.484 0.484 0.484 0.484

DBMC ............................................................................................................................... 0.422 0.422 0.422 0.422

DSCF ................................................................................................................................ 0.396 0.396 0.396 0.396

DDU .................................................................................................................................. .................... .................... .................... ....................

1Each piece is subject to both a piece rate and a pound rate.

2Available only for automation-compatible flats.

5.0 NONPROFIT ENHANCED

CARRIER ROUTE STANDARD MAIL

5.1 Letter-Size Minimum Per Piece

Rates

Pieces 0.2084 pound (3.3348 ounces)

or less:

Entry discount

Nonautomation Automation1

Basic High density Saturation Basic

None ................................................................................................................................. $0.099 $0.093 $0.087 $0.085

DBMC ............................................................................................................................... 0.086 0.080 0.074 0.072

DSCF ................................................................................................................................ 0.081 0.075 0.069 0.067

DDU .................................................................................................................................. 0.075 0.069 0.063 0.061

1Pieces weighing over 3 ounces subject to additional standards.

* * * * *

9.0 LIBRARY MAIL

Weight not over (pounds) Singlepiece

1 ................................................ $1.12

2 ................................................ 1.54

3 ................................................ 1.96

4 ................................................ 2.38

5 ................................................ 2.80

6 ................................................ 3.22

7 ................................................ 3.64

8 ................................................ 3.86

9 ................................................ 4.08

10 .................................................. 4.30

11 .................................................. 4.52

12 .................................................. 4.74

13 .................................................. 4.96

14 .................................................. 5.18

15 .................................................. 5.40

16 .................................................. 5.62

17 .................................................. 5.84

18 .................................................. 6.06

19 .................................................. 6.28

20 .................................................. 6.50

21 .................................................. 6.72

Weight not over (pounds) Singlepiece

22 .................................................. 6.94

23 .................................................. 7.16

24 .................................................. 7.38

25 .................................................. 7.60

26 .................................................. 7.82

27 .................................................. 8.04

28 .................................................. 8.26

29 .................................................. 8.48

30 .................................................. 8.70

31 .................................................. 8.92

32 .................................................. 9.14

33 .................................................. 9.36

34 .................................................. 9.58

35 .................................................. 9.80

36 .................................................. 10.02

37 .................................................. 10.24

38 .................................................. 10.46

39 .................................................. 10.68

40 .................................................. 10.90

41 .................................................. 11.12

42 .................................................. 11.34

43 .................................................. 11.56

44 .................................................. 11.78

45 .................................................. 12.00

46 .................................................. 12.22

Weight not over (pounds) Singlepiece

47 .................................................. 12.44

48 .................................................. 12.66

49 .................................................. 12.88

50 .................................................. 13.10

51 .................................................. 13.32

52 .................................................. 13.54

53 .................................................. 13.76

54 .................................................. 13.98

55 .................................................. 14.20

56 .................................................. 14.42

57 .................................................. 14.64

58 .................................................. 14.86

59 .................................................. 15.08

60 .................................................. 15.30

61 .................................................. 15.52

62 .................................................. 15.74

63 .................................................. 15.96

64 .................................................. 16.18

65 .................................................. 16.40

66 .................................................. 16.62

67 .................................................. 16.84

68 .................................................. 17.06

69 .................................................. 17.28

70 .................................................. 17.50
Federal Register / Vol. 63, No. 135 /Wednesday, July 15, 1998 /Rules and Regulations 38087

* * * * *

An appropriate amendment to 39 CFR

111.3 will be published to reflect these

changes.

Stanley F. Mires,

Chief Counsel, Legislative.

[FR Doc. 98–18752 Filed 7–14–98; 8:45 am]

BILLING CODE 7710–12–P

ENVIRONMENTAL PROTECTION

AGENCY

40 CFR Part 52

[CO–001–0024a; FRL–6124–4]

Approval and Promulgation of Air

Quality Implementation Plans;

Colorado; 1993 Periodic Carbon

Monoxide Emission Inventories for

Colorado

AGENCY: Environmental Protection

Agency (EPA).

ACTION: Direct final rule.

SUMMARY: EPA is approving a State

Implementation Plan (SIP) revision

submitted by the State of Colorado on

September 16, 1997. The effect of this

action is to approve 1993 periodic

carbon monoxide (CO) emission

inventories for Colorado Springs,

Denver, Fort Collins, and Longmont that

were submitted by the Governor, as a

revision to the State Implementation

Plan (SIP), as required by section

187(a)(5) of the Clean Air Act (CAA), as

amended in 1990. This action is being

taken under section 110 of the CAA.

DATES: This direct final rule is effective

on September 14, 1998 without further

notice, unless EPA receives adverse

comments by August 14, 1998. If

adverse comments are received, EPA

will publish a timely withdrawal of the

direct final rule in the Federal Register

and inform the public that the rule will

not take effect.

ADDRESSES: Written comments may be

mailed to Richard R. Long, Director, Air

Program, Mailcode 8P2–A,

Environmental Protection Agency

(EPA), Region VIII, 999 18th Street,

Suite 500, Denver, Colorado, 80202.

Copies of the documents relevant to this

action are available for public

inspection during normal business

hours at the Air Program,

Environmental Protection Agency,

Region VIII, 999 18th Street, Suite 500,

Denver, Colorado, 80202. Copies of the

State documents relevant to this action

are available for public inspection at the

Colorado Department of Public Health

and Environment, Air Pollution Control

Division, 4300 Cherry Creek Drive

South, Denver, Colorado 80246–1530.

FOR FURTHER INFORMATION CONTACT:

Cindy Rosenberg, EPA, Region VIII,

(303) 312–6436.

SUPPLEMENTARY INFORMATION: On

September 16, 1997, the State of

Colorado submitted a formal revision to

its State Implementation Plan (SIP). The

SIP revision consists of the 1993

periodic carbon monoxide (CO)

emission inventories for Colorado

Springs, Denver, Fort Collins, and

Longmont.

I. Background

As required by the CAA, States have

the responsibility to inventory

emissions contributing to NAAQS

nonattainment, to track these emissions

over time, and to ensure that control

strategies are being implemented that

reduce emissions and move areas

towards attainment. The CAA required

States with moderate or serious CO

nonattainment areas to initially submit

a base year CO inventory that

represented actual emissions during the

peak CO season by November 15, 1992.

This base year inventory was for

calendar year 1990. Moderate and

serious CO nonattainment areas were

also required to submit a revised

emissions inventory periodically. The

1990 base year inventory was to serve as

the primary inventory from which the

periodic inventories were to be derived.

As per CAA section 187(a)(5), the

submittal of the first periodic emissions

inventory, as a revision to the SIP, was

required no later than September 30,

1995, and every three years thereafter

until the area is redesignated to

attainment. This requirement applies to

Colorado Springs, Denver, Fort Collins,

and Longmont. Further information on

these inventories and their purpose can

be found in the document ‘‘Emission

Inventory Requirements for Carbon

Monoxide State Implementation Plans’’,

USEPA, Office of Air Quality Planning

and Standards, EPA–450/4–91–011,

March, 1991, and the September 30,

1994, guidance memorandum entitled

‘‘1993 Periodic Emission Inventory

Guidance’’, signed by J. David Mobley,

Chief of the Emission Inventory Branch

(hereafter, the Mobley Memorandum).

The periodic inventories were to be

prepared in similar detail as was done

with the 1990 base year inventories and

were to address actual CO emissions for

the area during the peak CO season. The

peak CO season should reflect the

months when peak CO air quality

concentrations occur. As winter is the

peak CO season for Colorado Springs,

Denver, Fort Collins, and Longmont, the

1993 periodic inventories included the

period November through January. The

periodic inventories are to address

emissions from stationary point, area,

on-road mobile, and non-road mobile

sources.

II. Summary of SIP Revision

A. Review of the 1993 CO Periodic

Emissions Inventories (PEI) for Colorado

Springs, Denver, Fort Collins, and

Longmont

The September 30, 1994, Mobley

memorandum allowed for two options

for the approach to developing the 1993

PEI. If the 1993 PEI was to be used for

a regulatory purpose (i.e., milestone

compliance demonstration, rate of

progress, maintenance plan tracking,

etc.) a rigorous, comprehensive PEI was

to be developed similar in detail and

documentation to that which was done

for the 1990 base year inventory. If,

however, EPA and the State determined

that the 1993 PEI would not be used to

support a regulatory purpose other than

to fulfill the CAA section 187(a)(5)

requirement, a less rigorous approach

could be appropriate. Colorado chose

the latter option for all four 1993 PEIs.

EPA has reviewed the 1993 PEIs for

Colorado Springs, Denver, Fort Collins,

and Longmont. Summary tables,

calculations for all identified sources in

each source category, and adequate

documentation were provided by the

State for each of the four PEIs. EPA has

determined that the Colorado Springs,

Denver, Fort Collins, and Longmont

1993 PEIs satisfy the requirements of

section 187(a)(5) of the CAA.

The 1993 CO emissions from point

sources, area sources, on-road mobile

sources, and non-road mobile sources

for Colorado Springs, Denver, Fort

Collins, and Longmont are summarized

in the following table:

CARBON MONOXIDE SEASONAL EMISSIONS IN TONS PER DAY

Non-attainment area

Point

source

emissions*

Area source

emissions

On-road

mobile

emissions

Non-road

mobile

emissions

Total emissions

Colorado Springs ...................................................................................... 2.83 29.49 250.80 34.70 317.82