27372 Federal Register / Vol. 60, No. 99 / Tuesday, May 23, 1995 / Notices

and Ms. Chu Ja An, 100% shareholders

of KBJ are the brother-in-law and sister

of Mr. Victor Chun, President and

shareholder of Exim.

Notice is further given that any

person, not later than 15 days from the

date of the publication of the Notice,

submit written comments on the

transaction to the Associate

Administrator for Investment, U.S.

Small Business Administration, 409

Third Street, S.W., Washington, D.C.

20416.

A copy of this Notice shall be

published, in accordance with Section

107.903(e) of the Regulations, in a

newspaper of general circulation in New

York, New York.

(Catalog of Federal Domestic Assistance

Program No. 59.011, Small Business

Investment Companies)

Dated: May 16, 1995.

Robert D. Stillman,

Associate Administrator for Investment.

[FR Doc. 95–12572 Filed 5–22–95; 8:45 am]

BILLING CODE 8025–01–M

SOCIAL SECURITY ADMINISTRATION

1994–95 Advisory Council on Social

Security; Meeting

AGENCY: Social Security Administration.

ACTION: Notice of public meeting.

SUMMARY: In accordance with the

Federal Advisory Committee Act, this

notice announces a meeting of the

1994–95 Advisory Council on Social

Security (the Council).

DATES: Friday, June 2, 1995, 9:00 a.m. to

5:00 p.m. and Saturday, June 3, 1995,

9:00 a.m. to 3:00 p.m.

ADDRESSES: The Carnegie Endowment

for International Peace, 2400 N Street,

N.W., Washington, D.C. 20037, (202)

862–7900.

FOR FURTHER INFORMATION CONTACT: By

mail—Dan Wartonick, 1994–95

Advisory Council on Social Security,

Suite 705, 1825 Connecticut Avenue,

NW, Washington, DC 20009; By

telephone—(202) 482–7117; By

telefax—(202) 482–7123.

SUPPLEMENTARY INFORMATION:

I. Purpose

Under section 706 of the Social

Security Act (the Act), the Secretary of

Health and Human Services (the

Secretary) appoints the Council every 4

years. The Council examines issues

affecting the Social Security Old-Age,

Survivors, and Disability Insurance

(OASDI) programs, as well as the

Medicare program and impacts on the

Medicaid program, which were created

under the Act.

In addition, the Secretary has asked

the Council specifically to address the

following:

• Social Security financing issues,

including developing recommendations

for improving the long-range financial

status of the OASDI programs;

• General program issues such as the

relative equity and adequacy of Social

Security benefits for persons at various

income levels, in various family

situations, and various age cohorts,

taking into account such factors as the

increased labor force participation of

women, lower marriage rates, increased

likelihood of divorce, and higher

poverty rates of aged women.

In addressing these topics, the

Secretary suggested that the Council

may wish to analyze the relative roles of

the public and private sectors in

providing retirement income, how

policies in both sectors affect retirement

decisions and the economic status of the

elderly, and how the disability

insurance program provisions and the

availability of health insurance and

health care costs affect such matters.

The Council is composed of 12

members in addition to the chairman:

Robert Ball, Joan Bok, Ann Combs,

Edith Fierst, Gloria Johnson, Thomas

Jones, George Kourpias, Sylvester

Schieber, Gerald Shea, Marc Twinney,

Fidel Vargas, and Carolyn Weaver. The

chairman is Edward Gramlich.

The Council met previously on June

24–25 (59 FR 30367), July 29, 1994 (59

FR 35942), September 29–30 (59 FR

47146), October 21–22 (59 FR 51451),

November 18–19 (59 FR 55272), January

27 (60 FR 3416), February 10–11 (60 FR

5433), March 8–9 (60 FR 10091), March

10–11 (60 FR 10090), April 21–22 (60

FR 18419) and May 19–20 (60 FR

24961).

II. Agenda

The following topics will be

presented and discussed:

• Options for ensuring the long-term

financing of the Social Security

program;

• Changes to Social Security benefits

to ensure relative equity and adequacy;

and

• Relative roles of the public and

private sectors in providing retirement

income.

The meeting is open to the public to

the extent that space is available.

Interpreter services for persons with

hearing impairments will be provided.

A transcript of the meeting will be

available to the public on an at-cost-of

duplication basis. The transcript can be

ordered from the Executive Director of

the Council.

(Catalog of Federal Domestic Assistance

Program Nos. 93.802, Social SecurityDisability Insurance; 93.803, Social SecurityRetirement Insurance; 93.805, Social

Security-Survivors Insurance)

Dated: May 17, 1995.

David C. Lindeman,

Executive Director, 1994–95 Advisory Council

on Social Security.

[FR Doc. 95–12620 Filed 5–22–95; 8:45 am]

BILLING CODE 4190–29–P

DEPARTMENT OF THE TREASURY

[Treasury Directive 16–25]

Efficiency, Effectiveness, and Equity in

the Transfer of Federal Funds;

Delegation of Authority

Dated: May 15, 1995.

1. Delegation. By the authority

granted to the Fiscal Assistant Secretary

by Treasury Order (TO) 101–05, this

Directive delegates to the

Commissioner, Financial Management

Service, the authority to perform any

duty or function of the Secretary

prescribed or required pursuant to 31

U.S.C. 3335 and 6503, including the

issuing of regulations which are binding

on executive agencies and govern the

timely disbursement of Federal funds

and entering into agreements with

States concerning transfers of Federal

funds to States.

2. Redelegation. The Commissioner,

Financial Management Service, may

redelegate this authority in writing, and

it may be exercised in the individual

capacity and under the individual title

of each official receiving such authority,

except that regulations must have the

approval of the Commissioner .

3. Regulations. The issuance of any

regulations pursuant to this Directive

shall be in accordance with Treasury

Directive 28–01, ‘‘Preparation and

Review of Regulations.’’

4. Authorities.

a. The Cash Management

Improvement Act of 1990, Public Law

101–453, 104 Stat. 1058, as amended,

codified at 31 U.S.C. 3335, 6501, and

6503.

b. TO 101–05, ‘‘Reporting

Relationships and Supervision of

Officials, Offices and Bureaus,

Delegation of Certain Authority, and

Order of Succession in the Department

of the Treasury.’’

5. Expiration. This Directive shall

expire three years from the date of

issuance unless superseded or cancelled

prior to that date.
Federal Register / Vol. 60, No. 99 / Tuesday, May 23, 1995 / Notices 27373

6. Office of Primary Interest. Office of

the Commissioner, Financial

Management Service.

Gerald Murphy,

Fiscal Assistant Secretary.

[FR Doc. 95–12549 Filed 5–22–95; 8:45 am]

BILLING CODE 4810–25–P

Internal Revenue Service

[Delegation Order No. 175 (Rev. 3)]

Delegation of Authority

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Delegation of authority.

SUMMARY: The authority to determine

that a plan amendment is reasonable

and provides for only de minimis

increases in the liabilities of the plan in

accordance with section 412(f)(2)(A) of

the Internal Revenue Code (Code) and

section 304(b)(2)(A) of the Employee

Retirement Income Security Act of 1974

(ERISA) has already been delegated to

the Director, Employee Plans Division,

with authority to redelegate. There is

now delegated to the Director, Employee

Plans Division, the additional authority

to determine that a plan amendment is

reasonable and provides for only de

minimis increases in the liabilities of

the plan in accordance with section

401(a)(3–3)(B)(ii) of the Code and

section 204(i)(2)(A) of ERISA, with

authority to redelegate, but not below

Branch Chiefs, Employee Plans

Division.

EFFECTIVE DATE: May 19, 1995.

FOR FURTHER INFORMATION CONTACT: John

H. Turner, CP:E:EP:P:2, Room 6702,

1111 Constitution Avenue, NW.,

Washington, DC 20224, (202) 622–6214

(not a toll-free number).

Effective Date: May 19, 1995,

Authority to Determine if Plan

Amendment is Reasonable and Has De

Minimis Effect on Plan Liability in

Accordance with Section 412(f)(2)(A) of

the Internal Revenue Code (Code) and

Section 304(b)(2)(A) of the Employee

Retirement Income Security Act

(ERISA), or Section 401(a)(33)(B)(ii) of

the Code and Section 204(i)(2)(A) of

ERISA.

Pursuant to authority vested in the

Commissioner of Internal Revenue by

Treasury Department Order 150–10,

there is hereby delegated to the Director,

Employee Plans Division, the authority

to determine that a plan amendment is

reasonable and provides for only de

minimis increases in the liabilities of

the plan in accordance with section

412(f)(2)(A) of the Code and section

304(b)(2)(A) of ERISA or in accordance

with section 401(a)(33)(B)(ii) of the

Code and section 204(i)(2)(A) of ERISA.

The authority delegated herein may

be redelegated, but not below Branch

Chiefs, Employee Plans Division.

To the extent that the authority

previously exercised consistent with

this Order may require ratification, it is

hereby affirmed and ratified.

Delegation Order No. 175 (Rev. 2),

effective October 31, 1987, is

superseded.

Dated: April 13, 1995.

Phil Brand,

Chief Compliance Officer.

[FR Doc. 95–12515 Filed 5–22–95; 8:45 am]

BILLING CODE 4830–01–U