54478 Federal Register / Vol. 70, No. 178 / Thursday, September 15, 2005 / Rules and Regulations 

List of Subjects 

29 CFR Part 4022 

Employee benefit plans, Pension 

insurance, Pensions, Reporting and 

recordkeeping requirements. 

29 CFR Part 4044 

Employee benefit plans, Pension 

insurance, Pensions. 

■ In consideration of the foregoing, 29 

CFR parts 4022 and 4044 are amended 

as follows: 

PART 4022—BENEFITS PAYABLE IN 

TERMINATED SINGLE-EMPLOYER 

PLANS 

■ 1. The authority citation for part 4022 

continues to read as follows: 

Authority: 29 U.S.C. 1302, 1322, 1322b, 

1341(c)(3)(D), and 1344. 

■ 2. In appendix B to part 4022, Rate Set 

144, as set forth below, is added to the 

table. (The introductory text of the table 

is omitted.) 

Appendix B to Part 4022—Lump Sum 

Interest Rates for PBGC Payments 

* * * * * 

Rate set 

For plans with a 

valuation date Immediate 

annuity rate 

(percent) 

Deferred annuities 

(percent) 

On or after Before i1 i2 i3 n1 n2

* * * * * * * 

144 10–1–05 11–1–05 2.25 4.00 4.00 4.00 7 8 

■ 3. In appendix C to part 4022, Rate Set 

144, as set forth below, is added to the 

table. (The introductory text of the table 

is omitted.) 

Appendix C to Part 4022—Lump Sum 

Interest Rates For Private-Sector 

Payments 

* * * * * 

Rate set 

For plans with a 

valuation date Immediate 

annuity rate 

(percent) 

Deferred annuities 

(percent) 

On or after Before i1 i2 i3 n1 n2

* * * * * * * 

144 10–1–05 11–1–05 2.25 4.00 4.00 4.00 7 8 

PART 4044—ALLOCATION OF 

ASSETS IN SINGLE-EMPLOYER 

PLANS 

■ 4. The authority citation for part 4044 

continues to read as follows: 

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

1341, 1344, 1362. 

■ 5. In appendix B to part 4044, a new 

entry, as set forth below, is added to the 

table. (The introductory text of the table 

is omitted.) 

Appendix B To Part 4044—Interest 

Rates Used To Value Benefits 

* * * * * 

For valuation dates occurring in the month—

The values of it are: 

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

* * * * * * * 

October 2005 .................................................................... .0350 1–20 .0475 >20 N/A N/A 

Issued in Washington, DC, on this 9th day 

of September, 2005. 

Vincent K. Snowbarger, 

Deputy Executive Director, Pension Benefit 

Guaranty Corporation. 

[FR Doc. 05–18328 Filed 9–14–05; 8:45 am] 

BILLING CODE 7708–01–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 100 

[CGD05–05–110] 

RIN 1625–AA08 

Special Local Regulations for Marine 

Events; Wrightsville Channel, 

Wrightsville Beach, NC 

AGENCY: Coast Guard, DHS. 

ACTION: Notice of enforcement of 

regulation. 

SUMMARY: The Coast Guard is 

implementing the special local 

regulations at 33 CFR 100.513 during 

the Wilmington YMCA Triathlon to be 

held September 24, 2005, on the waters 

of Wrightsville Channel, Wrightsville 

Beach, North Carolina. This action is 

necessary to provide for the safety of life 

on navigable waters during the event. 

The effect will be to restrict general 

navigation in the regulated area for the 

safety of participants and vessels 

transiting the event area. 

Enforcement Dates: 33 CFR 100.513 

will be enforced from 6:30 a.m. to 8:30 

a.m. on September 24, 2005. 

FOR FURTHER INFORMATION CONTACT: 

D.M. Sens, Project Manager, Fifth Coast 

Federal Register / Vol. 70, No. 178 / Thursday, September 15, 2005 / Rules and Regulations 54479 

Guard District, Operations Division, 

Auxiliary and Boating Safety Branch, at 

(757) 398–6204. 

SUPPLEMENTARY INFORMATION: The 

Wilmington YMCA will sponsor the 

Wilmington YMCA Triathlon on 

September 24, 2005 on the waters of 

Wrightsville Channel, Wrightsville 

Beach, North Carolina. The event will 

involve approximately 1100 swimmers 

competing along a course within the 

regulated area. In order to ensure the 

safety of the swimmers and transiting 

vessels, 33 CFR 100.513 will be 

enforced for the duration of the event. 

Under provisions of 33 CFR 100.513, a 

vessel may not enter the regulated area 

unless it receives permission from the 

Coast Guard Patrol Commander. 

In addition to this notice, the 

maritime community will be provided 

extensive advance notification via the 

Local Notice to Mariners, marine 

information broadcasts, local radio 

stations and area newspapers, so 

mariners can adjust their plans 

accordingly. 

Dated: August 31, 2005. 

L.L. Hereth, 

Rear Admiral, U.S. Coast Guard, Commander, 

Fifth Coast Guard District. 

[FR Doc. 05–18341 Filed 9–14–05; 8:45 am] 

BILLING CODE 4910–15–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 165 

[CGD05–05–113] 

RIN 1625–AA00 

Safety Zone; Manasquan Inlet 

AGENCY: Coast Guard, DHS. 

ACTION: Temporary final rule. 

SUMMARY: The Coast Guard is 

establishing a temporary safety zone in 

the Manasquan Inlet, to encompass all 

waters east of the Bascule Span Bridge 

in Manasquan, NJ. This temporary 

safety zone is needed to conduct an oil 

spill protective strategy test. This action 

is necessary to provide for the safety of 

the boating public, oil spill response 

workers and equipment during the 

strategic oil spill protective strategy test. 

DATES: This rule is effective from 7 a.m. 

to 1 p.m. on September 22, 2005. If the 

event is cancelled due to weather, this 

section is effective either September 21 

or 23. The Coast Guard Patrol 

Commander will announce by Broadcast 

Notice to Mariners the specific time this 

regulation will be enforced. 

ADDRESSES: Documents indicated in this 

preamble as being available in the 

docket are part of docket CGD05–05–

113 and are available for inspection or 

copying at Coast Guard Sector Delaware 

Bay, One Washington Avenue, 

Philadelphia, Pennsylvania, 19147, 

between 8 a.m. and 4 p.m., Monday 

through Friday, except Federal holidays. 

FOR FURTHER INFORMATION CONTACT: 

Lieutenant Carmen McKinstry or 

Lieutenant Junior Grade Antoinett Scott, 

Coast Guard Sector Delaware Bay, at 

(215) 271–4889. 

SUPPLEMENTARY INFORMATION: 

Regulatory Information 

We did not publish a notice of 

proposed rulemaking (NPRM) for this 

regulation. Under 5 U.S.C. 553(b)(B) and 

(d)(3), the Coast Guard finds that good 

cause exists for not publishing a NPRM 

and for making this regulation effective 

less than 30 days after publication in the 

Federal Register. Publishing a NPRM 

and delaying its effective date would be 

contrary to public interest, since 

immediate action is needed to protect 

mariners against potential hazards 

associated with the protective strategy 

exercise. 

Background and Purpose 

The New Jersey Department of 

Environmental Protection 

commissioned a project to develop 

potential protection strategies for each 

tidal inlet along the Atlantic Coast of 

New Jersey. There are thirteen tidal 

inlets or channels along the New Jersey 

coastline that divide the barrier islands 

into segments. The inlets are subject to 

reversing tidal currents, and are 

conduits for the volume of water that 

flows in and out of the bay and 

estuarine system during tidal cycles. It 

is through these inlets that oil spilled on 

open ocean waters could reach 

environmentally sensitive resources, 

such as salt marshes, that occur along 

the bay and estuarine shorelines. 

Coastal tidal inlets are therefore focal 

points for designing oil spill response 

strategies to protect these vital resources 

from an oil spill. Exercises are 

conducted at NJ inlets and channels to 

develop strategic plans and to evaluate 

equipment. On September 22, 2005 an 

oil spill protective strategy exercise will 

be conducted at Manasquan Inlet. 

Regulatory Evaluation 

This temporary rule is not a 

‘‘significant regulatory action’’ under 

section 3(f) of Executive Order 12866 

and does not require an assessment of 

potential costs and benefits under 

section 6(a)(3) of that Order. The Office 

of Management and Budget has not 

reviewed it under that Order. It is not 

significant under the regulatory policies 

and procedures of the Department of 

Homeland Security (DHS). 

We expect the economic impact of 

this proposed rule to be so minimal that 

a full Regulatory Evaluation under the 

regulatory policies and procedures of 

DHS is unnecessary. 

The primary impact of this temporary 

rule will be on vessels wishing to transit 

the affected waterway during the oil 

spill protective strategy test on 

September 22, 2005. Although this 

temporary rule restricts vessel traffic 

from transiting Manasquan Inlet during 

the exercise, that restriction is limited in 

duration, affects only a limited area, and 

will be well publicized to allow 

mariners to make alternative plans. 

Small Entities 

Under the Regulatory Flexibility Act 

(5 U.S.C. 601–612), we considered 

whether this proposed rule would have 

a significant economic impact on a 

substantial number of small entities. 

The term ‘‘small entities’’ comprises 

small businesses, not-for-profit 

organizations that are independently 

owned and operated and are not 

dominant in their fields, and 

governmental jurisdictions with 

populations of less than 50,000. 

This will have virtually no impact on 

any small entities. This rule does not 

require a general notice of proposed 

rulemaking and, therefore, it is exempt 

from the requirement of the Regulatory 

Flexibility Act. Although this rule is 

exempt, we have reviewed it for 

potential economic impact on small 

entities. 

Therefore, the Coast Guard certifies 

under section 605(b) of the Regulatory 

Flexibility Act (5 U.S.C. 605(b)) that this 

will not have a significant impact on a 

substantial number of small entities. 

Assistance for Small Entities 

Under section 213(a) of the Small 

Business Regulatory Enforcement 

Fairness Act of 1996 (Pub. L. 104–121), 

we want to assist small entities in 

understanding this rule so that they can 

better evaluate its effects on them and 

participate in the rulemaking process. 

Small businesses may send comments 

on the actions of Federal employees 

who enforce or otherwise determine 

compliance with Federal regulations to 

the Small Business and Agriculture 

Regulatory Enforcement Ombudsman 

and the Regional Small Business 

Regulatory Fairness Boards. The 

Ombudsman evaluates these actions 

annually and rates each agency’s 

responsiveness to small business. If you 

wish to comment on actions by