Federal Register / Vol. 87, No. 95 / Tuesday, May 17, 2022 / Notices 29889 

LICENSE AMENDMENT ISSUANCE(S)—Continued 

Amendment No(s) ............................................... 242, 239, 214, and 197. 

Brief Description of Amendment(s) .................... The amendments revised technical specifications to adopt Technical Specification Task Force 

(TSTF)–269–A, Revision 2, ‘‘Allow Administrative Means of Position Verification for Locked 

or Sealed Valves,’’ as described in the safety evaluation. 

Public Comments Received as to Proposed 

NSHC (Yes/No).

No. 

Union Electric Company; Callaway Plant, Unit No. 1; Callaway County, MO 

Docket No(s) ....................................................... 50–483. 

Amendment Date ................................................ April 7, 2022. 

ADAMS Accession No ........................................ ML22053A283. 

Amendment No(s) ............................................... 227. 

Brief Description of Amendment(s) .................... The amendment modified technical specification (TS) requirements in Callaway Plant, Unit No. 

1, TS Sections 1.3 and 3.0 regarding limiting condition for operation and surveillance requirement usage. These changes are consistent with NRC-approved Technical Specifications Task Force (TSTF) Traveler TSTF–529, ‘‘Clarify Use and Application Rules.’’ 

Public Comments Received as to Proposed 

NSHC (Yes/No).

No. 

Virginia Electric and Power Company, Dominion Nuclear Company; North Anna Power Station, Unit Nos. 1 and 2; Louisa County, VA 

Docket No(s) ....................................................... 50–338, 50–339. 

Amendment Date ................................................ March 22, 2022. 

ADAMS Accession No ........................................ ML22068A071. 

Amendment No(s) ............................................... 292 (Unit 1) and 275 (Unit 2). 

Brief Description of Amendment(s) .................... The amendments revised Technical Specification (TS) 5.6.7, ‘‘Steam Generator (SG) Program,’’ and TS 5.5.8, ‘‘Steam Generator Tube Inspection Report,’’ in accordance with Technical Specification Task Force (TSTF) Traveler TSTF–577, Revision 1, ‘‘Revised Frequencies for Steam Generator Tube Inspections.’’ 

Public Comments Received as to Proposed 

NSHC (Yes/No).

No. 

Dated: May 3, 2022. 

For the Nuclear Regulatory Commission. 

Caroline L. Carusone, 

Deputy Director, Division of Operating 

Reactor Licensing, Office of Nuclear Reactor 

Regulation. 

[FR Doc. 2022–09846 Filed 5–16–22; 8:45 am] 

BILLING CODE 7590–01–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

Submission of Information Collections 

for OMB Review; Comment Request; 

Multiemployer Plan Regulations 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Notice of request for extension 

of OMB approval of information 

collections. 

SUMMARY: The Pension Benefit Guaranty 

Corporation (PBGC) is requesting that 

the Office of Management and Budget 

(OMB) extend approval, under the 

Paperwork Reduction Act, of collections 

of information in PBGC’s regulations on 

multiemployer plans. This notice 

informs the public of PBGC’s request 

and solicits public comment on the 

collections of information. 

DATES: Comments must be submitted by 

June 16, 2022. 

ADDRESSES: Written comments for the 

proposed information collections 

should be sent within 30 days of 

publication of this notice to 

www.reginfo.gov/PRAMain. Find these 

particular collections of information by 

selecting ‘‘Currently under 30-day 

Review—Open for Public Comments’’ or 

by using the search function. A copy of 

the request will be posted on PBGC’s 

website at https://www.pbgc.gov/prac/ 

laws-and-regulation/federal-registernotices-open-for-comment. It may also 

be obtained without charge by writing to 

the Disclosure Division of the Office of 

the General Counsel of PBGC, 1200 K 

Street NW, Washington, DC 20005– 

4026; or, calling 202–229–4040 during 

normal business hours. If you are deaf, 

hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

FOR FURTHER INFORMATION CONTACT: 

Karen Levin (levin.karen@pbgc.gov), 

Attorney, Regulatory Affairs Division, 

Office of the General Counsel, Pension 

Benefit Guaranty Corporation, 1200 K 

Street NW, Washington, DC 20005– 

4026, 202–229–3559. If you are deaf, 

hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

SUPPLEMENTARY INFORMATION: OMB has 

approved and issued control numbers 

for three collections of information in 

PBGC’s regulations relating to 

multiemployer plans under the 

Employee Retirement Income Security 

Act of 1974 (ERISA). These collections 

of information are described below. 

OMB approvals for these collections of 

information expire June 30, 2022. On 

March 8, 2022, PBGC published (at 87 

FR 13020) a notice of its intent to 

request that OMB extend approval of 

these collections of information. No 

comments were received. PBGC is 

requesting that OMB extend its approval 

of these collections of information for 

three years. An agency may not conduct 

or sponsor, and a person is not required 

to respond to, a collection of 

information unless it displays a 

currently valid OMB control number. 

1. Termination of Multiemployer Plans 

(29 CFR Part 4041A) (OMB Control 

Number 1212–0020) (Expires June 30, 

2022) 

Section 4041A(f)(2) of ERISA 

authorizes PBGC to prescribe reporting 

requirements and other rules and 

standards for administering terminated 

multiemployer plans. Section 4041A(c) 

and (f)(1) of ERISA prohibit the payment 

by a mass-withdrawal-terminated plan 

of lump sums greater than $1,750 or of 

nonvested plan benefits unless 

authorized by PBGC. 

The regulation requires the plan 

sponsor of a terminated plan to file a 


khammond on DSKJM1Z7X2PROD with NOTICES
29890 Federal Register / Vol. 87, No. 95 / Tuesday, May 17, 2022 / Notices 

notice of termination with PBGC. The 

notice of termination must contain the 

information and certification specified 

in the instructions for the notice of 

termination on http://www.pbgc.gov. 

The regulation also requires the plan 

sponsor of a mass-withdrawalterminated plan that is closing out to 

give notices to participants regarding 

the election of alternative forms of 

benefit distribution and, if the plan is 

not closing out, to obtain PBGC 

approval to pay lump sums greater than 

$1,750 or to pay nonvested plan 

benefits. 

PBGC uses the information in a notice 

of termination to assess the likelihood 

that PBGC financial assistance will be 

needed. Plan participants and 

beneficiaries use the information on 

alternative forms of benefit to make 

personal financial decisions. PBGC uses 

the information in an application for 

approval to pay lump sums greater than 

$1,750 or to pay nonvested plan benefits 

to determine whether such payments 

should be permitted. 

The regulation also requires plans 

terminated by mass withdrawal, plans 

terminated by plan amendment that are 

expected to become insolvent, and 

insolvent plans under part 4245 

receiving financial assistance from 

PBGC (whether terminated or not 

terminated) to file with PBGC 

withdrawal liability information and 

actuarial valuations or, for smaller plans 

receiving financial assistance where the 

present value of the plan’s 

nonforfeitable benefits is $50 million or 

less, alternative information. PBGC uses 

the withdrawal liability and actuarial 

valuation information to estimate 

PBGC’s multiemployer liabilities for 

purposes of its financial statements and 

to provide financial assistance to plans 

that become insolvent. 

PBGC estimates that each year, plan 

sponsors submit notices of termination 

for five plans, distribute election notices 

to participants in one of those plans and 

submit requests to pay benefits or 

benefit forms not otherwise permitted 

for one of those plans. The estimated 

annual burden of this part of this 

collection of information is 25 hours 

and $25,000. 

Furthermore, PBGC estimates that 

each year, plan sponsors file actuarial 

valuations electronically for 100 plans 

that are terminated or insolvent, and 

that only 1 smaller plan will file 

alternative information. The estimated 

annual burden of this part of the 

collection of information is 26 hours 

and $10,400. 

PBGC estimates that each year plan 

sponsors file withdrawal liability 

payment information from 

approximately 10 plans. The estimated 

annual burden of this part of the 

collection of information is 10 hours 

and $4,000. 

The estimated total hour burden is 61 

hours (25 + 26 + 10). The estimated 

annual burden of the collection of 

information is estimated to be $39,400 

($25,000 + $4,000 + $10,400). 

2. Notice of Insolvency (29 CFR Part 

4245) (OMB Control Number 1212– 

0033) (Expires June 30, 2022) 

Section 4245(e) of ERISA requires two 

types of notice: A ‘‘notice of 

insolvency,’’ stating a plan sponsor’s 

determination that the plan is or may 

become insolvent, and a ‘‘notice of 

insolvency benefit level,’’ stating the 

level of benefits that will be paid during 

an insolvency year. The recipients of 

these notices are PBGC, contributing 

employers, employee organizations 

representing participants, and 

participants and beneficiaries. 

The regulation establishes the 

procedure for complying with these 

notice requirements. It allows a plan 

sponsor to combine the notice of 

insolvency and notice of insolvency 

benefit level. In addition, the regulation 

only requires a plan sponsor to provide 

an updated notice to participants and 

beneficiaries if there is a change in the 

amount of benefits paid to participants 

and beneficiaries. PBGC uses the 

information submitted to estimate cash 

needs for financial assistance to 

troubled plans. The collective 

bargaining parties use the information to 

decide whether additional plan 

contributions will be made to avoid the 

insolvency and consequent benefit 

suspensions. Plan participants and 

beneficiaries use the information in 

personal financial decisions. 

PBGC estimates that at most one plan 

sponsor of an ongoing plan gives notices 

each year under section 4245. The 

estimated annual burden of the 

collection of information is 16 hours 

and $10,000. 

3. Duties of Plan Sponsor Following 

Mass Withdrawal (29 CFR Part 4281) 

(OMB Control Number 1212–0032) 

(Expires June 30, 2022) 

Section 4281 of ERISA provides rules 

for plans that have terminated by mass 

withdrawal. Under section 4281, if 

nonforfeitable benefits exceed plan 

assets, the plan sponsor must amend the 

plan to reduce benefits. If the plan 

nevertheless becomes insolvent, the 

plan sponsor must suspend certain 

benefits that cannot be paid. If available 

resources are inadequate to pay 

guaranteed benefits, the plan sponsor 

must request financial assistance from 

PBGC. 

The regulation requires a plan 

sponsor to give notices of benefit 

reduction, notices of insolvency, and 

notices of insolvency benefit level to 

PBGC and to participants and 

beneficiaries and, if necessary, to apply 

to PBGC for financial assistance. A plan 

sponsor can combine the notice of 

insolvency and the notice of insolvency 

benefit level. 

PBGC uses the information it receives 

to make determinations required by 

ERISA, to identify and estimate the cash 

needed for financial assistance to 

terminated plans, and to verify the 

appropriateness of financial assistance 

payments. Plan participants and 

beneficiaries use the information to 

make personal financial decisions. 

PBGC estimates that plan sponsors of 

terminated plans each year will file with 

PBGC 1 notice of benefit reduction, 7 

notices of insolvency, 3 combined 

notices of insolvency and insolvency 

benefit level, and 5 notices of 

insolvency benefit level. PBGC also 

estimates that plan sponsors each year 

will file initial requests for financial 

assistance for 10 plans and will submit 

425 non-initial applications for financial 

assistance. The estimated annual burden 

of the collection of information is 241 

hours and $420,400. 

Stephanie Cibinic, 

Deputy Assistant General Counsel for 

Regulatory Affairs, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2022–10580 Filed 5–16–22; 8:45 am] 

BILLING CODE 7709–02–P 

POSTAL REGULATORY COMMISSION 

[Docket Nos. MC2022–58 and CP2022–63; 

MC2022–59 and CP2022–64] 

New Postal Products 

AGENCY: Postal Regulatory Commission. 

ACTION: Notice. 

SUMMARY: The Commission is noticing a 

recent Postal Service filing for the 

Commission’s consideration concerning 

a negotiated service agreement. This 

notice informs the public of the filing, 

invites public comment, and takes other 

administrative steps. 

DATES: Comments are due: May 19, 

2022. 

ADDRESSES: Submit comments 

electronically via the Commission’s 

Filing Online system at http://

www.prc.gov. Those who cannot submit 

comments electronically should contact 

the person identified in the FOR FURTHER


khammond on DSKJM1Z7X2PROD with NOTICES