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Agency: Pension Benefit Guaranty Corporation

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The Federal Register
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Pages: 12

1. Privacy Act of 1974; System of Records

NOTICES: Systems of records,

The Pension Benefit Guaranty Corporation (PBGC) is establishing a new system of records, PBGC14, My Plan Administration Account (My PAA) Authentication RecordsPBGC, subject to the Privacy Act of 1974, as amended. The new system of records is necessary to reflect new records and processes associated with a new online application that will permit
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

2. Benefits Payable in Terminated Single-Employer Plans; Allocation of Assets in Single-Employer Plans; Interest

RULES: Allocation of assets—; Interest assumptions for valuing and paying benefits,

The Pension Benefit Guaranty Corporation's regulations on Benefits Payable in Terminated SingleEmployer Plans and Allocation of Assets in SingleEmployer Plans prescribe interest assumptions for valuing and paying benefits under terminating singleemployer plans. This final rule amends the regulations to adopt interest assumptions for plans with
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

3. Required Interest Rate Assumption for Determining Variable-Rate Premium; Interest Assumptions for Multiemployer Plan

NOTICES: Interest rates and assumptions,

This notice informs the public of the interest rates and assumptions to be used under certain Pension Benefit Guaranty Corporation regulations. These rates and assumptions are published elsewhere (or can be derived from rates published elsewhere), but are collected and published in this notice for the convenience of the public. Interest rates are
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

4. Allocation of Assets in Single-Employer Plans; Valuation of Benefits and Assets; Expected Retirement Age

RULES: Allocation of assets—; Valuation of benefits and assets; expected retirement age,

This rule amends the Pension Benefit Guaranty Corporation's regulation on Allocation of Assets in SingleEmployer Plans by substituting a new table that applies to any plan being terminated either in a distress termination or involuntarily by the PBGC with a valuation date falling in 2004, and is used to determine expected retirement ages for plan
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

5. Disclosure to Participants; Benefits Payable in Terminated Single-employer Plans

RULES: Disclosure to participants; benefits payable in terminated plans,

This rule amends appendix D to the Pension Benefit Guaranty Corporation's regulation on Benefits Payable in Terminated Single Employer Plans by adding the maximum guaranteeable pension benefit that may be paid by the PBGC with respect to a plan participant in a single employer pension plan that terminates in 2004. This rule also amends the PBGC's
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

6. Benefits Payable in Terminated Single-Employer Plans; Allocation of Assets in Single-Employer Plans; Interest

RULES: Allocation of assets—; Interest assumptions for valuing and paying benefits,

The Pension Benefit Guaranty Corporation's regulations on Benefits Payable in Terminated SingleEmployer Plans and Allocation of Assets in SingleEmployer Plans prescribe interest assumptions for valuing and paying benefits under terminating singleemployer plans. This final rule amends the regulations to adopt interest
[[Page 64526]]
assumptions for
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

7. Required Interest Rate Assumption for Determining Variable-Rate Premium; Interest Assumptions for Multiemployer Plan

NOTICES: Interest rates and assumptions,

This notice informs the public of the interest rates and assumptions to be used under certain Pension Benefit Guaranty Corporation regulations. These rates and assumptions are published elsewhere (or can be derived from rates published elsewhere), but are collected and published in this notice for the convenience of the public. Interest rates are
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

8. Submission of Information Collection for OMB Review; Comment Request; Qualified Domestic Relations Orders Submitted to

NOTICES: Agency information collection activities; proposals, submissions, and approvals,

The Pension Benefit Guaranty Corporation (``PBGC'') is requesting that the Office of Management and Budget (``OMB'') extend approval, under the Paperwork Reduction Act, of an
[[Page 61706]]
information collection (OMB control number 12120054; expires November 30, 2003) relating to model forms contained in the PBGC booklet, Divorce Orders & PBGC.
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

9. Rules on Filings, Issuances, Computation of Time, and Electronic Means of Record Retention

RULES: Electronic transactions; filings, issuances, computation of time, and record retention,

Consistent with the Government Paperwork Elimination Act, we are removing requirements from our regulations that might limit electronic filing with us or electronic issuances to others. These rules give us flexibility to keep pace with everchanging technology. In addition, they simplify and consolidate our rules on what methods you may use to send
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

10. Exemption From the Bond/Escrow Requirement Relating to the Sale of Assets by an Employer Who Contributes to a

NOTICES: Sales of assets; bond/escrow requirement; exemption requests—; Florida Marlins, L.P.,

The Pension Benefit Guaranty Corporation has granted a request from the Florida Marlins, L.P. for an exemption from the bond/escrow requirement of section 4204(a)(1)(B) of the Employee Retirement Income Security Act of 1974, as amended, with respect to the Major League Baseball Players Pension Plan. A notice of the request for exemption from the
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

11. Exemption From the Bond/Escrow Requirement Relating to the Sale of Assets by an Employer Who Contributes to a

NOTICES: Sales of assets; bond/excrow requirement; exemption requests—; Baseball Expos, L.P.,

The Pension Benefit Guaranty Corporation has granted a request from the Baseball Expos, L.P. for an exemption from the bond/escrow requirement of section 4204(a)(1)(B) of the Employee Retirement Income Security Act of 1974, as amended, with respect to the Major League Baseball Players Pension Plan. A notice of the request for exemption from the
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

12. Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums

NOTICES: Agency information collection activities; proposals, submissions, and approvals,

The Pension Benefit Guaranty Corporation (``PBGC'') is requesting that the Office of Management and Budget (``OMB'') extend approval, under the Paperwork Reduction Act, of the collection of information under its regulation on Payment of Premiums (29 CFR part 4007) (OMB control number 12120009; expires January 31, 2005). The collection of
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

13. Benefits Payable in Terminated Single-Employer Plans; Allocation of Assets in Single-Employer Plans; Interest

RULES: Allocation of assets—; Interest assumptions for valuing and paying benefits,

The Pension Benefit Guaranty Corporation's regulations on Benefits Payable in Terminated SingleEmployer Plans and Allocation of Assets in SingleEmployer Plans prescribe interest assumptions for valuing and paying benefits under terminating singleemployer plans. This final rule amends the regulations to adopt interest assumptions for plans with
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

14. Required Interest Rate Assumption for Determining Variable-Rate Premium; Interest on Late Premium Payments; Interest

NOTICES: Interest rates and assumptions,

This notice informs the public of the interest rates and assumptions to be used under certain Pension Benefit Guaranty Corporation regulations. These rates and assumptions are published elsewhere (or can be derived from rates published elsewhere), but are collected and published in this notice for the convenience of the public. Interest rates are
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

15. Benefits Payable in Terminated Single-Employer Plans; Allocation of Assets in Single-Employer Plans; Interest

RULES: Allocation of assets—; Interest assumptions for valuing and paying benefits,

The Pension Benefit Guaranty Corporation's regulations on Benefits Payable in Terminated SingleEmployer Plans and Allocation of Assets in SingleEmployer Plans prescribe interest assumptions for valuing and paying benefits under terminating singleemployer plans. This final rule amends the regulations to adopt interest assumptions for plans with
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

16. Required Interest Rate Assumption for Determining Variable-Rate Premium; Interest Assumptions for Multiemployer Plan

NOTICES: Allocation of assets—; Interest assumptions for valuing and paying benefits,

This notice informs the public of the interest rates and assumptions to be used under certain Pension Benefit Guaranty Corporation regulations. These rates and assumptions are published elsewhere (or can be derived from rates published elsewhere), but are collected and published in this notice for the convenience of the public. Interest rates are
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

17. Submission of Information Collection for OMB Review; Comment Request; Customer Satisfaction Surveys and Focus Groups

NOTICES: Agency information collection activities; proposals, submissions, and approvals,

The Pension Benefit Guaranty Corporation is requesting that the Office of Management and Budget extend its approval of a collection of information under the Paperwork Reduction Act. The purpose of the information collection, which will be conducted through focus groups and surveys over a threeyear period, is to help the PBGC assess the efficiency
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

18. Benefits Payable in Terminated Single-Employer Plans; Allocation of Assets in Single-Employer Plans; Interest

RULES: Allocation of assets—; Interest assumptions for valuing and paying benefits,

The Pension Benefit Guaranty Corporation's regulations on Benefits Payable in Terminated SingleEmployer Plans and Allocation of Assets in SingleEmployer Plans prescribe interest assumptions for valuing and paying benefits under terminating singleemployer plans. This final rule amends the regulations to adopt interest assumptions for plans with
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

19. Required Interest Rate Assumption for Determining Variable-Rate Premium; Interest Assumptions for Multiemployer Plan

NOTICES: Interest rates and assumptions,

This notice informs the public of the interest rates and assumptions to be used under certain Pension Benefit Guaranty Corporation regulations. These rates and assumptions are published elsewhere (or can be derived from rates published elsewhere), but are collected and published in this notice for the convenience of the public. Interest rates are
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

20. Approval of Amendment to Special Withdrawal Liability Rules for International Longshoremen's and Warehousemen's

NOTICES: International Longshoremen's and Warehousemen's Union-Pacific Maritime Association Pension Plan; special withdrawal liability rules; approval,

The International Longshoremen's and Warehousemen's Union- Pacific Maritime Association Pension Plan requested the Pension Benefit Guaranty Corporation (``PBGC'') to approve a second amendment to a special withdrawal liability rule for
[[Page 46669]]
employers that maintain the Plan. PBGC approved the original rule in 1984 and an amended version in
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

21. Proposed Submission of Information Collection for OMB Review; Comment Request; Qualified Domestic Relations Orders

NOTICES: Agency information collection activities; proposals, submissions, and approvals,

The Pension Benefit Guaranty Corporation (``PBGC'') intends to request that the Office of Management and Budget (``OMB'') extend approval, under the Paperwork Reduction Act, of an information collection (OMB control number 12120054; expires November 30, 2003) relating to model forms contained in the PBGC booklet, Divorce Orders & PBGC. The booklet
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

22. Proposed Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums

NOTICES: Agency information collection activities; proposals, submissions, and approvals,

The Pension Benefit Guaranty Corporation (``PBGC'') intends to request that the Office of Management and Budget (``OMB'') extend approval, under the Paperwork Reduction Act, of the collection of information under its regulation on Payment of Premiums (29 CFR part 4007) (OMB control number 12120009; expires January 31, 2005). The collection of
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

23. Proposed Submission of Information Collection for OMB Review; Comment Request; Locating and Paying Participants

NOTICES: Agency information collection activities; proposals, submissions, and approvals,

The Pension Benefit Guaranty Corporation (``PBGC'') intends to request that the Office of Management and Budget (``OMB'') extend its approval (with modifications) of a collection of information under the Paperwork Reduction Act. The purpose of the information collection is to enable the PBGC to pay benefits to participants and beneficiaries in
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

24. Benefits Payable in Terminated Single-Employer Plans; Allocation of Assets in Single-Employer Plans; Interest

RULES: Allocation of assets—; Interest assumptions for valuing and paying benefits,

The Pension Benefit Guaranty Corporation's regulations on Benefits Payable in Terminated SingleEmployer Plans and Allocation of Assets in SingleEmployer Plans prescribe interest assumptions for valuing and paying benefits under terminating singleemployer plans. This final rule amends the regulations to adopt interest assumptions for plans with
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

25. Required Interest Rate Assumption for Determining Variable-Rate Premium; Interest on Late Premium Payments; Interest

NOTICES: Interest rates and assumptions,

This notice informs the public of the interest rates and assumptions to be used under certain Pension Benefit Guaranty Corporation regulations. These rates and assumptions are published elsewhere (or can be derived from rates published elsewhere), but are collected and published in this notice for the convenience of the public. Interest rates are
PENSION BENEFIT GUARANTY CORPORATION : Pension Benefit Guaranty Corporation

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