81_FR_8867 81 FR 8832 - Regulations Governing Organization of the Joint Board for the Enrollment of Actuaries

81 FR 8832 - Regulations Governing Organization of the Joint Board for the Enrollment of Actuaries

JOINT BOARD FOR THE ENROLLMENT OF ACTUARIES

Federal Register Volume 81, Issue 35 (February 23, 2016)

Page Range8832-8833
FR Document2016-03655

This document contains final regulations relating to the organization of the Joint Board for the Enrollment of Actuaries. The regulations are being amended in order to conform one provision of the regulations to the Bylaws of the Joint Board. These regulations solely address the internal management of the Joint Board and do not affect pension plans, plan participants, actuaries, or the general public.

Federal Register, Volume 81 Issue 35 (Tuesday, February 23, 2016)
[Federal Register Volume 81, Number 35 (Tuesday, February 23, 2016)]
[Rules and Regulations]
[Pages 8832-8833]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-03655]


=======================================================================
-----------------------------------------------------------------------

JOINT BOARD FOR THE ENROLLMENT OF ACTUARIES

20 CFR Part 900

[TD 9749]
RIN 1545-BM81


Regulations Governing Organization of the Joint Board for the 
Enrollment of Actuaries

AGENCY: Joint Board for the Enrollment of Actuaries.

ACTION: Final rule.

-----------------------------------------------------------------------

SUMMARY: This document contains final regulations relating to the 
organization of the Joint Board for the Enrollment of Actuaries. The 
regulations are being amended in order to conform one provision of the 
regulations to the Bylaws of the Joint Board. These regulations solely 
address the internal management of the Joint Board and do not affect 
pension plans, plan participants, actuaries, or the general public.

DATES: Effective date: These regulations are effective April 25, 2016.

FOR FURTHER INFORMATION CONTACT: Patrick McDonough, Executive Director, 
Joint Board for the Enrollment of Actuaries, at (703) 414-2173 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION: 

Background and Explanation

    The Joint Board for the Enrollment of Actuaries was established on 
October 31, 1974 pursuant to section 3041 of the Employee Retirement 
Income Security Act of 1974 (88 Stat. 829), Public Law 93-406 (ERISA). 
Section 3041 of ERISA provides that the Secretary of Labor and the 
Secretary of the Treasury shall, not later than the last day of the 
first calendar month beginning after the date of enactment of ERISA, 
establish a Joint Board for the Enrollment of Actuaries (Joint Board).
    Regulations under ERISA section 3041 were published in the Federal 
Register on April 30, 1975 (40 FR 18776) and are currently located in 
the Code of Federal Regulations at 20 CFR part 900 (the 1975 Joint 
Board regulations). These regulations provide that, pursuant to the 
Bylaws, three members are appointed by the Secretary of the Treasury, 
two members are appointed by the Secretary of Labor, the Chairman of 
the Joint Board is to be elected from among the Treasury Department 
representatives, and the Secretary is to be elected from among the 
Labor Department representatives.
    On April 27, 1981, the Secretaries of Treasury and Labor approved 
restated Bylaws of the Joint Board (the 1981 Bylaws). Sections 3(b) and 
3(c) of the 1981 Bylaws provide that the Chairman and Secretary, 
respectively, will be elected for a one-year term by the Joint Board 
from among its members, eliminating the requirement that the Chairman 
be a Treasury Department representative and the Secretary be a Labor 
Department representative.
    These final regulations amend Sec.  900.3 of the 1975 Joint Board 
regulations in order to conform the regulations to the 1981 Bylaws.

Special Analyses

    These regulations are being published as a final rule because the 
amendments apply solely to the Joint Board's organization and 
management. Moreover, the Joint Board finds good cause that these 
changes do not impose any requirements on any member of the public. 
These amendments are the most efficient means for the Joint Board to 
harmonize the regulations and Bylaws involving the Board's internal 
election procedure.
    Accordingly, pursuant to 5 U.S.C. 553(a)(2), 553(b)(3)(A), and 
553(b)(3)(B), the Joint Board finds good cause that prior notice and 
other public procedures with respect to this rule are unnecessary. 
Because a notice of proposed rulemaking is not required, the provisions 
of the Regulatory Flexibility Act, 5 U.S.C. 601-612, do not apply.
    This rule is not a significant regulatory action pursuant to 
Executive Order 12866, as supplemented and reaffirmed by Executive 
Order 13563. Therefore, a regulatory impact assessment is not required.

[[Page 8833]]

List of Subjects in 20 CFR Part 900

    Organization and functions (Government agencies).

Adoption of Amendments to the Regulations

    Accordingly, 20 CFR part 900 is amended as follows:

PART 900--STATEMENT OF ORGANIZATION

0
Paragraph 1. The authority citation for part 900 continues to read as 
follows:

    Authority: Sec. 3041-2, Pub. L. 93-406, 88 Stat. 829, 1002 (29 
U.S.C. 1241-2).


0
Par. 2. Section 900.3 is revised to read as follows:


Sec.  900.3  Composition.

    Pursuant to the Bylaws, the Joint Board consists of three members 
appointed by the Secretary of the Treasury and two members appointed by 
the Secretary of Labor. The Board elects a Chairman and a Secretary 
from among the Department of the Treasury and the Department of Labor 
members. The Pension Benefit Guaranty Corporation may designate a non-
voting representative to sit with, and participate in, the discussions 
of the Board. All decisions of the Board are made by simple majority 
vote.

    Approved: February 12, 2016.
Carolyn E. Zimmerman,
Chairman, Joint Board for the Enrollment of Actuaries.
[FR Doc. 2016-03655 Filed 2-22-16; 8:45 am]
 BILLING CODE 4830-01-P



                                                  8832             Federal Register / Vol. 81, No. 35 / Tuesday, February 23, 2016 / Rules and Regulations

                                                                                           SUPPLEMENT NO. 4 TO PART 744—ENTITY LIST—Continued
                                                       Country                             Entity                           License requirement           License review policy        Federal Register citation

                                                                       #701 Damas Tower, 702 Al Maktoum
                                                                         St., Dubai, U.A.E.; and 701 Attar
                                                                         Tower, Maktoum St. Dubai, U.A.E.;
                                                                         and City Tower, Al Maktoum St., Of-
                                                                         fice No. 701, Dubai U.A.E.; and P.O.
                                                                         Box 40595, Dubai, U.A.E.; and
                                                                         Warehouse No. 8, Plot No. 238,
                                                                         Rashidiya, Dubai, U.A.E..
                                                                                  *                    *                           *                       *                    *                   *
                                                                       Rainbow General Trading Company, ...            For all items subject to         Presumption of denial ......   81 FR [INSERT FR PAGE
                                                                       City Tower 2, 20th Floor, Office #2005,           the EAR. (See § 744.11                                          NUMBER], 2/23/16.
                                                                         Sheikh Zayed Road, Dubai, U.A.E..               of the EAR)
                                                                                  *                    *                           *                       *                      *                   *

                                                  UNITED KING-                      *                       *                      *                       *                      *                   *
                                                   DOM
                                                                       Veteran Avia LLC a.k.a., the following          For all items subject to         Presumption of denial ......   79 FR 56003, 9/18/14.
                                                                         alias:.                                         the EAR. (See § 744.11                                        81 FR [INSERT FR PAGE
                                                                       —Veteran Airline                                  of the EAR)                                                     NUMBER], 2/23/16.
                                                                       1 Beckett Place, South Hamptonshire,
                                                                         London, U.K. (See also addresses
                                                                         under Armenia, Greece, India, and
                                                                         Pakistan)..
                                                                                  *                  *                             *                       *                      *                   *



                                                    Dated: February 16, 2016.                             Actuaries, at (703) 414–2173 (not a toll-              Board from among its members,
                                                  Kevin J. Wolf,                                          free number).                                          eliminating the requirement that the
                                                  Assistant Secretary for Export                          SUPPLEMENTARY INFORMATION:                             Chairman be a Treasury Department
                                                  Administration.                                                                                                representative and the Secretary be a
                                                                                                          Background and Explanation                             Labor Department representative.
                                                  [FR Doc. 2016–03745 Filed 2–22–16; 8:45 am]
                                                  BILLING CODE 3510–33–P                                     The Joint Board for the Enrollment of                  These final regulations amend § 900.3
                                                                                                          Actuaries was established on October
                                                                                                                                                                 of the 1975 Joint Board regulations in
                                                                                                          31, 1974 pursuant to section 3041 of the
                                                                                                                                                                 order to conform the regulations to the
                                                  JOINT BOARD FOR THE                                     Employee Retirement Income Security
                                                                                                                                                                 1981 Bylaws.
                                                  ENROLLMENT OF ACTUARIES                                 Act of 1974 (88 Stat. 829), Public Law
                                                                                                          93–406 (ERISA). Section 3041 of ERISA                  Special Analyses
                                                  20 CFR Part 900                                         provides that the Secretary of Labor and
                                                                                                          the Secretary of the Treasury shall, not                  These regulations are being published
                                                  [TD 9749]                                               later than the last day of the first                   as a final rule because the amendments
                                                  RIN 1545–BM81                                           calendar month beginning after the date                apply solely to the Joint Board’s
                                                                                                          of enactment of ERISA, establish a Joint               organization and management.
                                                  Regulations Governing Organization of                   Board for the Enrollment of Actuaries                  Moreover, the Joint Board finds good
                                                  the Joint Board for the Enrollment of                   (Joint Board).                                         cause that these changes do not impose
                                                  Actuaries                                                  Regulations under ERISA section                     any requirements on any member of the
                                                                                                          3041 were published in the Federal                     public. These amendments are the most
                                                  AGENCY:  Joint Board for the Enrollment                 Register on April 30, 1975 (40 FR                      efficient means for the Joint Board to
                                                  of Actuaries.                                           18776) and are currently located in the                harmonize the regulations and Bylaws
                                                  ACTION: Final rule.                                     Code of Federal Regulations at 20 CFR                  involving the Board’s internal election
                                                  SUMMARY:   This document contains final                 part 900 (the 1975 Joint Board                         procedure.
                                                  regulations relating to the organization                regulations). These regulations provide
                                                                                                                                                                    Accordingly, pursuant to 5 U.S.C.
                                                  of the Joint Board for the Enrollment of                that, pursuant to the Bylaws, three
                                                                                                                                                                 553(a)(2), 553(b)(3)(A), and 553(b)(3)(B),
                                                  Actuaries. The regulations are being                    members are appointed by the Secretary
                                                                                                                                                                 the Joint Board finds good cause that
                                                                                                          of the Treasury, two members are
                                                  amended in order to conform one                                                                                prior notice and other public procedures
                                                                                                          appointed by the Secretary of Labor, the
                                                  provision of the regulations to the                                                                            with respect to this rule are
                                                                                                          Chairman of the Joint Board is to be
                                                  Bylaws of the Joint Board. These                                                                               unnecessary. Because a notice of
                                                                                                          elected from among the Treasury
                                                  regulations solely address the internal                                                                        proposed rulemaking is not required,
                                                                                                          Department representatives, and the
                                                  management of the Joint Board and do                                                                           the provisions of the Regulatory
                                                                                                          Secretary is to be elected from among
                                                  not affect pension plans, plan
asabaliauskas on DSK5VPTVN1PROD with RULES




                                                                                                          the Labor Department representatives.                  Flexibility Act, 5 U.S.C. 601–612, do not
                                                  participants, actuaries, or the general                                                                        apply.
                                                                                                             On April 27, 1981, the Secretaries of
                                                  public.                                                                                                           This rule is not a significant
                                                                                                          Treasury and Labor approved restated
                                                  DATES: Effective date: These regulations                Bylaws of the Joint Board (the 1981                    regulatory action pursuant to Executive
                                                  are effective April 25, 2016.                           Bylaws). Sections 3(b) and 3(c) of the                 Order 12866, as supplemented and
                                                  FOR FURTHER INFORMATION CONTACT:                        1981 Bylaws provide that the Chairman                  reaffirmed by Executive Order 13563.
                                                  Patrick McDonough, Executive Director,                  and Secretary, respectively, will be                   Therefore, a regulatory impact
                                                  Joint Board for the Enrollment of                       elected for a one-year term by the Joint               assessment is not required.


                                             VerDate Sep<11>2014   16:15 Feb 22, 2016   Jkt 238001   PO 00000   Frm 00012   Fmt 4700   Sfmt 4700   E:\FR\FM\23FER1.SGM   23FER1


                                                                   Federal Register / Vol. 81, No. 35 / Tuesday, February 23, 2016 / Rules and Regulations                                        8833

                                                  List of Subjects in 20 CFR Part 900                     Acid, and Docosahexaenoic Acid                        Linolenic Acid, Eicosapentaenoic Acid,
                                                    Organization and functions                            Omega-3 Fatty Acids—Small Entity                      and Docosahexaenoic Acid Omega-3
                                                  (Government agencies).                                  Compliance Guide.’’ The small entity                  Fatty Acids; Small Entity Compliance
                                                                                                          compliance guide (SECG) is intended to                Guide.’’ Received comments will be
                                                  Adoption of Amendments to the                           help small entities comply with the                   placed in the docket and, except for
                                                  Regulations                                             final rule titled ‘‘Food Labeling:                    those submitted as ‘‘Confidential
                                                    Accordingly, 20 CFR part 900 is                       Nutrient Content Claims; Alpha-                       Submissions,’’ publicly viewable at
                                                  amended as follows:                                     Linolenic Acid, Eicosapentaenoic Acid,                http://www.regulations.gov or at the
                                                                                                          and Docosahexaenoic Acid Omega-3                      Division of Dockets Management
                                                  PART 900—STATEMENT OF                                   Fatty Acids.’’                                        between 9 a.m. and 4 p.m., Monday
                                                  ORGANIZATION                                            DATES: Submit either electronic or                    through Friday.
                                                                                                          written comments on FDA guidances at                     • Confidential Submissions—To
                                                  ■ Paragraph 1. The authority citation                   any time.                                             submit a comment with confidential
                                                  for part 900 continues to read as                                                                             information that you do not wish to be
                                                  follows:                                                ADDRESSES: You may submit comments
                                                                                                                                                                made publicly available, submit your
                                                                                                          as follows:                                           comments only as a written/paper
                                                    Authority: Sec. 3041–2, Pub. L. 93–406, 88
                                                  Stat. 829, 1002 (29 U.S.C. 1241–2).                     Electronic Submissions                                submission. You should submit two
                                                                                                                                                                copies total. One copy will include the
                                                  ■ Par. 2. Section 900.3 is revised to read                Submit electronic comments in the                   information you claim to be confidential
                                                  as follows:                                             following way:                                        with a heading or cover note that states
                                                                                                            • Federal eRulemaking Portal: http://               ‘‘THIS DOCUMENT CONTAINS
                                                  § 900.3   Composition.
                                                                                                          www.regulations.gov. Follow the                       CONFIDENTIAL INFORMATION.’’ The
                                                    Pursuant to the Bylaws, the Joint                     instructions for submitting comments.
                                                  Board consists of three members                                                                               Agency will review this copy, including
                                                                                                          Comments submitted electronically,                    the claimed confidential information, in
                                                  appointed by the Secretary of the                       including attachments, to http://
                                                  Treasury and two members appointed                                                                            its consideration of comments. The
                                                                                                          www.regulations.gov will be posted to                 second copy, which will have the
                                                  by the Secretary of Labor. The Board                    the docket unchanged. Because your
                                                  elects a Chairman and a Secretary from                                                                        claimed confidential information
                                                                                                          comment will be made public, you are                  redacted/blacked out, will be available
                                                  among the Department of the Treasury                    solely responsible for ensuring that your
                                                  and the Department of Labor members.                                                                          for public viewing and posted on
                                                                                                          comment does not include any                          http://www.regulations.gov. Submit
                                                  The Pension Benefit Guaranty                            confidential information that you or a
                                                  Corporation may designate a non-voting                                                                        both copies to the Division of Dockets
                                                                                                          third party may not wish to be posted,                Management. If you do not wish your
                                                  representative to sit with, and                         such as medical information, your or                  name and contact information to be
                                                  participate in, the discussions of the                  anyone else’s Social Security number, or              made publicly available, you can
                                                  Board. All decisions of the Board are                   confidential business information, such               provide this information on the cover
                                                  made by simple majority vote.                           as a manufacturing process. Please note               sheet and not in the body of your
                                                    Approved: February 12, 2016.                          that if you include your name, contact                comments and you must identify this
                                                  Carolyn E. Zimmerman,                                   information, or other information that                information as ‘‘confidential.’’ Any
                                                  Chairman, Joint Board for the Enrollment of             identifies you in the body of your                    information marked as ‘‘confidential’’
                                                  Actuaries.                                              comments, that information will be                    will not be disclosed except in
                                                  [FR Doc. 2016–03655 Filed 2–22–16; 8:45 am]             posted on http://www.regulations.gov.                 accordance with 21 CFR 10.20 and other
                                                  BILLING CODE 4830–01–P
                                                                                                            • If you want to submit a comment                   applicable disclosure law. For more
                                                                                                          with confidential information that you                information about FDA’s posting of
                                                                                                          do not wish to be made available to the               comments to public dockets, see 80 FR
                                                                                                          public, submit the comment as a                       56469, September 18, 2015, or access
                                                  DEPARTMENT OF HEALTH AND
                                                                                                          written/paper submission and in the                   the information at: http://www.fda.gov/
                                                  HUMAN SERVICES
                                                                                                          manner detailed (see ‘‘Written/Paper                  regulatoryinformation/dockets/
                                                  Food and Drug Administration                            Submissions’’ and ‘‘Instructions’’).                  default.htm.
                                                                                                          Written/Paper Submissions                                Docket: For access to the docket to
                                                  21 CFR Part 101                                                                                               read background documents or the
                                                                                                             Submit written/paper submissions as                electronic and written/paper comments
                                                  [Docket No. FDA–2016–N–0585]                            follows:                                              received, go to http://
                                                                                                             • Mail/Hand delivery/Courier (for                  www.regulations.gov and insert the
                                                  Food Labeling: Nutrient Content                         written/paper submissions): Division of               docket number, found in brackets in the
                                                  Claims; Alpha-Linolenic Acid,                           Dockets Management (HFA–305), Food                    heading of this document, into the
                                                  Eicosapentaenoic Acid, and                              and Drug Administration, 5630 Fishers                 ‘‘Search’’ box and follow the prompts
                                                  Docosahexaenoic Acid Omega-3 Fatty                      Lane, Rm. 1061, Rockville, MD 20852.                  and/or go to the Division of Dockets
                                                  Acids; Small Entity Compliance Guide;                      • For written/paper comments                       Management, 5630 Fishers Lane, Rm.
                                                  Availability                                            submitted to the Division of Dockets                  1061, Rockville, MD 20852.
                                                  AGENCY:    Food and Drug Administration,                Management, FDA will post your                           Submit written requests for single
                                                  HHS.                                                    comment, as well as any attachments,                  copies of the SECG to the Office of
asabaliauskas on DSK5VPTVN1PROD with RULES




                                                  ACTION:   Notification of availability.                 except for information submitted,                     Nutrition and Food Labeling, Center for
                                                                                                          marked and identified, as confidential,               Food Safety and Applied Nutrition
                                                  SUMMARY:  The Food and Drug                             if submitted as detailed in                           (HFS–830), Food and Drug
                                                  Administration (FDA, the Agency, or                     ‘‘Instructions.’’                                     Administration, 5100 Paint Branch
                                                  we) is announcing the availability of a                    Instructions: All submissions received             Pkwy., College Park, MD 20740. Send
                                                  guidance for industry entitled ‘‘Food                   must include the Docket No. FDA–                      two self-addressed adhesive labels to
                                                  Labeling: Nutrient Content Claims;                      2016–N–0585 for ‘‘Food Labeling:                      assist that office in processing your
                                                  Alpha-Linolenic Acid, Eicosapentaenoic                  Nutrient Content Claims; Alpha-                       request. See the SUPPLEMENTARY


                                             VerDate Sep<11>2014   16:15 Feb 22, 2016   Jkt 238001   PO 00000   Frm 00013   Fmt 4700   Sfmt 4700   E:\FR\FM\23FER1.SGM   23FER1



Document Created: 2018-02-02 14:33:38
Document Modified: 2018-02-02 14:33:38
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionRules and Regulations
ActionFinal rule.
DatesEffective date: These regulations are effective April 25, 2016.
ContactPatrick McDonough, Executive Director, Joint Board for the Enrollment of Actuaries, at (703) 414-2173 (not a toll-free number).
FR Citation81 FR 8832 
RIN Number1545-BM81

2024 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR