83_FR_5676 83 FR 5649 - New Postal Products

83 FR 5649 - New Postal Products

POSTAL REGULATORY COMMISSION

Federal Register Volume 83, Issue 27 (February 8, 2018)

Page Range5649-5650
FR Document2018-02545

The Commission is noticing a recent Postal Service filing for the Commission's consideration concerning negotiated service agreements. This notice informs the public of the filing, invites public comment, and takes other administrative steps.

Federal Register, Volume 83 Issue 27 (Thursday, February 8, 2018)
[Federal Register Volume 83, Number 27 (Thursday, February 8, 2018)]
[Notices]
[Pages 5649-5650]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-02545]


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POSTAL REGULATORY COMMISSION

[Docket Nos. CP2014-4; MC2018-121 and CP2018-164; MC2018-122 and 
CP2018-165]


New Postal Products

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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[[Page 5650]]

SUMMARY: The Commission is noticing a recent Postal Service filing for 
the Commission's consideration concerning negotiated service 
agreements. This notice informs the public of the filing, invites 
public comment, and takes other administrative steps.

DATES: Comments are due: February 12, 2018.

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 
INFORMATION CONTACT section by telephone for advice on filing 
alternatives.

FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 
202-789-6820.

SUPPLEMENTARY INFORMATION:

Table of Contents

I. Introduction
II. Docketed Proceeding(s)

I. Introduction

    The Commission gives notice that the Postal Service filed 
request(s) for the Commission to consider matters related to negotiated 
service agreement(s). The request(s) may propose the addition or 
removal of a negotiated service agreement from the market dominant or 
the competitive product list, or the modification of an existing 
product currently appearing on the market dominant or the competitive 
product list.
    Section II identifies the docket number(s) associated with each 
Postal Service request, the title of each Postal Service request, the 
request's acceptance date, and the authority cited by the Postal 
Service for each request. For each request, the Commission appoints an 
officer of the Commission to represent the interests of the general 
public in the proceeding, pursuant to 39 U.S.C. 505 (Public 
Representative). Section II also establishes comment deadline(s) 
pertaining to each request.
    The public portions of the Postal Service's request(s) can be 
accessed via the Commission's website (http://www.prc.gov). Non-public 
portions of the Postal Service's request(s), if any, can be accessed 
through compliance with the requirements of 39 CFR 3007.40.
    The Commission invites comments on whether the Postal Service's 
request(s) in the captioned docket(s) are consistent with the policies 
of title 39. For request(s) that the Postal Service states concern 
market dominant product(s), applicable statutory and regulatory 
requirements include 39 U.S.C. 3622, 39 U.S.C. 3642, 39 CFR part 3010, 
and 39 CFR part 3020, subpart B. For request(s) that the Postal Service 
states concern competitive product(s), applicable statutory and 
regulatory requirements include 39 U.S.C. 3632, 39 U.S.C. 3633, 39 
U.S.C. 3642, 39 CFR part 3015, and 39 CFR part 3020, subpart B. Comment 
deadline(s) for each request appear in section II.

II. Docketed Proceeding(s)

    1. Docket No(s).: CP2014-4; Filing Title: USPS Notice of Change in 
Prices Pursuant to Amendment to Parcel Return Service Contract 5; 
Filing Acceptance Date: February 1, 2018; Filing Authority: 39 CFR 
3015.5; Public Representative: Christopher C. Mohr; Comments Due: 
February 12, 2018.
    2. Docket No(s).: MC2018-121 and CP2018-164; Filing Title: USPS 
Request to Add Priority Mail & First-Class Package Service Contract 74 
to Competitive Product List and Notice of Filing Materials Under Seal; 
Filing Acceptance Date: February 2, 2018; Filing Authority: 39 U.S.C. 
3642 and 39 CFR 3020.30 et seq.; Public Representative: Timothy J. 
Schwuchow; Comments Due: February 12, 2018.
    3. Docket No(s).: MC2018-122 and CP2018-165; Filing Title: USPS 
Request to Add Parcel Select Contract 30 to Competitive Product List 
and Notice of Filing Materials Under Seal; Filing Acceptance Date: 
February 2, 2018; Filing Authority: 39 U.S.C. 3642 and 39 CFR 3020.30 
et seq.; Public Representative: Christopher C. Mohr; Comments Due: 
February 12, 2018.
    This notice will be published in the Federal Register.

Stacy L. Ruble,
Secretary.
[FR Doc. 2018-02545 Filed 2-7-18; 8:45 am]
 BILLING CODE 7710-FW-P



                                                                           Federal Register / Vol. 83, No. 27 / Thursday, February 8, 2018 / Notices                                                  5649

                                               PENSION BENEFIT GUARANTY                                number, extension 6352. TTY/ASCII                     than $5 billion. This proposed addition
                                               CORPORATION                                             users may call the Federal relay service              will permit PBGC to determine if the
                                                                                                       toll-free at 800–877–8339 and ask to be               insurers who respond to the survey
                                               Proposed Submission of Information                      connected to 202–326–4400.                            represent a sizable portion of the total
                                               Collection for OMB Review; Comment                      SUPPLEMENTARY INFORMATION: PBGC’s                     annuity market.
                                               Request; Survey of Nonparticipating                     regulations prescribe actuarial valuation                This voluntary survey is directed at
                                               Single Premium Group Annuity Rates                      methods and assumptions (including                    insurance companies most, if not all, of
                                                                                                       interest rate assumptions) to be used in              which are members of ACLI. The survey
                                               AGENCY: Pension Benefit Guaranty
                                                                                                       determining the actuarial present value               is conducted quarterly and will be sent
                                               Corporation.
                                                                                                       of benefits under single-employer plans               to approximately 22 insurance
                                               ACTION: Notice of intent to request                                                                           companies. PBGC estimates that about
                                                                                                       that terminate (29 CFR part 4044) and
                                               extension of OMB approval.                                                                                    six insurance companies will respond to
                                                                                                       under multiemployer plans that
                                               SUMMARY:  The Pension Benefit Guaranty                  undergo a mass withdrawal of                          the survey each quarter, and that each
                                               Corporation (PBGC) intends to request                   contributing employers (29 CFR part                   survey will require approximately 30
                                               that OMB extend approval (with                          4281). Each month PBGC publishes the                  minutes to complete and return. The
                                               changes), under the Paperwork                           interest rates to be used under those                 total burden is estimated to be 12 hours
                                               Reduction Act, of a quarterly survey of                 regulations for plans terminating or                  (30 minutes per survey × four per year
                                               insurance company rates for pricing                     undergoing mass withdrawal during the                 × six respondents).
                                               annuity contracts (OMB control number                   next month.                                              OMB has approved this collection of
                                               1212–0030; expires May 31, 2018). The                      The interest rates are intended to                 information under control number
                                               American Council of Life Insurers                       reflect current conditions in the annuity             1212–0030 through May 31, 2018. PBGC
                                               conducts this voluntary survey for                      markets. To determine these interest                  intends to request that OMB extend its
                                               PBGC. This notice informs the public of                 rates, PBGC gathers pricing data from                 approval for another three years. An
                                               PBGC’s intent and solicits public                       insurance companies that are providing                agency may not conduct or sponsor, and
                                               comment on the collection of                            annuity contracts to terminating                      a person is not required to respond to,
                                               information.                                            pension plans through a quarterly                     a collection of information unless it
                                                                                                       ‘‘Survey of Nonparticipating Single                   displays a currently valid OMB control
                                               DATES:  Comments should be submitted                    Premium Group Annuity Rates.’’ The                    number.
                                               by April 9, 2018.                                       American Council of Life Insurers                        PBGC is soliciting public comments
                                               ADDRESSES: Comments may be                              (ACLI) distributes the survey and                     to—
                                               submitted by any of the following                       provides PBGC with ‘‘blind’’ data (i.e.,                 • Evaluate whether the collection of
                                               methods:                                                PBGC is unable to match responses with                information is necessary for the proper
                                                 Federal eRulemaking Portal: http://                   the insurance companies that submitted                performance of the functions of the
                                               www.regulations.gov. Follow the                         them). PBGC also uses the information                 agency, including whether the
                                               website instructions for submitting                     from the survey in determining the                    information will have practical utility;
                                               comments.                                               interest rates it uses to value benefits                 • evaluate the accuracy of the
                                                 Email: paperwork.comments@                            payable to participants and beneficiaries             agency’s estimate of the burden of the
                                               pbgc.gov.                                               in PBGC-trusteed plans for purposes of                collection of information, including the
                                                 Mail or Hand Delivery: Office of the                  PBGC’s financial statements.                          validity of the methodology and
                                               General Counsel, Pension Benefit                           PBGC is proposing several changes to               assumptions used;
                                               Guaranty Corporation, 1200 K Street                     the survey distributed by ACLI:                          • enhance the quality, utility, and
                                               NW, Washington, DC 20005–4026.                             • Reduction in the number of ages for              clarity of the information to be
                                               PBGC will make all comments available                   which PBGC requests net rate plan                     collected; and
                                               on its website at http://www.pbgc.gov.                  factors for immediate and deferred                       • minimize the burden of the
                                                 Copies of the collection of                           annuities, and removal of columns                     collection of information on those who
                                               information may be obtained without                     asking for Deferred to Exact Age 60 net               are to respond, including using
                                               charge by writing to the Disclosure                     rate plan factors. These changes are                  appropriate automated, electronic,
                                               Division of the Office of the General                   proposed because the net rate plan                    mechanical, or other technological
                                               Counsel of PBGC at the above address                    factors for the annuitant ages removed                collection techniques or other forms of
                                               or by visiting that office or calling 202–              are no longer used when deriving                      information technology, e.g., permitting
                                               326–4040 during normal business                         interest factors. The proposed changes                electronic submission of responses.
                                               hours. (TTY/ASCII users may call the                    will simplify the completion of the                   Stephanie Cibinic,
                                               Federal relay service toll-free at 1–800–               survey.                                               Deputy Assistant General Counsel for
                                               877–8339 and ask to be connected to                        • Increases in the dollar ranges of the            Regulatory Affairs, Pension Benefit Guaranty
                                               202–326–4040.) The regulations and                      Settlement Categories in Parts III and IV             Corporation.
                                               forms and instructions relating to this                 to better capture variability and range of            [FR Doc. 2018–02502 Filed 2–7–18; 8:45 am]
                                               collection of information are available                 business accepted by respondents.                     BILLING CODE 7709–02–P
                                               on PBGC’s website at www.pbgc.gov.                      Dollar amounts previously used were
                                               FOR FURTHER INFORMATION CONTACT: Jo                     too low to differentiate among insurance
                                               Amato Burns (burns.jo.amato@                            companies that responded to the survey.
                                                                                                                                                             POSTAL REGULATORY COMMISSION
                                               pbgc.gov), Regulatory Affairs Division,                    • Addition of a question asking
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                                               Office of the General Counsel, Pension                  whether the respondent participated in                [Docket Nos. CP2014–4; MC2018–121 and
                                               Benefit Guaranty Corporation, 1200 K                    the survey in the previous year to enable             CP2018–164; MC2018–122 and CP2018–165]
                                               Street NW, Washington, DC 20005–                        PBGC to determine the extent to which
                                               4026, 202–326–4400, extension 3072, or                  the survey respondents vary over time.                New Postal Products
                                               Stephanie Cibinic (cibinc.stephanie@                       • Addition of a question asking                    AGENCY:   Postal Regulatory Commission.
                                               pbgc.gov), Deputy Assistant General                     whether the current value of the
                                                                                                                                                             ACTION:   Notice.
                                               Counsel, same address and phone                         respondent’s annuity portfolio is greater


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                                               5650                        Federal Register / Vol. 83, No. 27 / Thursday, February 8, 2018 / Notices

                                               SUMMARY:   The Commission is noticing a                 requirements include 39 U.S.C. 3622, 39               SECURITIES AND EXCHANGE
                                               recent Postal Service filing for the                    U.S.C. 3642, 39 CFR part 3010, and 39                 COMMISSION
                                               Commission’s consideration concerning                   CFR part 3020, subpart B. For request(s)
                                                                                                                                                             [Release No. 34–82627; File No. SR–NYSE–
                                               negotiated service agreements. This                     that the Postal Service states concern                2017–30]
                                               notice informs the public of the filing,                competitive product(s), applicable
                                               invites public comment, and takes other                 statutory and regulatory requirements                 Self-Regulatory Organizations; New
                                               administrative steps.                                   include 39 U.S.C. 3632, 39 U.S.C. 3633,               York Stock Exchange LLC; Notice of
                                               DATES: Comments are due: February 12,                   39 U.S.C. 3642, 39 CFR part 3015, and                 Filing of Amendment No. 3 and Order
                                               2018.                                                   39 CFR part 3020, subpart B. Comment                  Granting Accelerated Approval of
                                               ADDRESSES: Submit comments                              deadline(s) for each request appear in                Proposed Rule Change, as Modified by
                                               electronically via the Commission’s                     section II.                                           Amendment No. 3, To Amend Section
                                               Filing Online system at http://                                                                               102.01B of the NYSE Listed Company
                                               www.prc.gov. Those who cannot submit                    II. Docketed Proceeding(s)                            Manual To Provide for the Listing of
                                               comments electronically should contact                                                                        Companies That List Without a Prior
                                                                                                         1. Docket No(s).: CP2014–4; Filing                  Exchange Act Registration and That
                                               the person identified in the FOR FURTHER
                                                                                                       Title: USPS Notice of Change in Prices                Are Not Listing in Connection With an
                                               INFORMATION CONTACT section by
                                                                                                       Pursuant to Amendment to Parcel                       Underwritten Initial Public Offering and
                                               telephone for advice on filing
                                               alternatives.                                           Return Service Contract 5; Filing                     Related Changes to Rules 15, 104, and
                                                                                                       Acceptance Date: February 1, 2018;                    123D
                                               FOR FURTHER INFORMATION CONTACT:                        Filing Authority: 39 CFR 3015.5; Public
                                               David A. Trissell, General Counsel, at                  Representative: Christopher C. Mohr;                  February 2, 2018.
                                               202–789–6820.                                           Comments Due: February 12, 2018.                      I. Introduction
                                               SUPPLEMENTARY INFORMATION:
                                                                                                         2. Docket No(s).: MC2018–121 and                       On June 13, 2017, New York Stock
                                               Table of Contents                                       CP2018–164; Filing Title: USPS Request                Exchange LLC (‘‘NYSE’’ or ‘‘Exchange’’)
                                               I. Introduction                                         to Add Priority Mail & First-Class                    filed with the Securities and Exchange
                                               II. Docketed Proceeding(s)                              Package Service Contract 74 to                        Commission (‘‘Commission’’), pursuant
                                                                                                       Competitive Product List and Notice of                to Section 19(b)(1) 1 of the Securities
                                               I. Introduction                                                                                               Exchange Act of 1934 (‘‘Exchange
                                                                                                       Filing Materials Under Seal; Filing
                                                  The Commission gives notice that the                 Acceptance Date: February 2, 2018;                    Act’’) 2 and Rule 19b–4 thereunder,3 a
                                               Postal Service filed request(s) for the                 Filing Authority: 39 U.S.C. 3642 and 39               proposed rule change to amend Section
                                               Commission to consider matters related                  CFR 3020.30 et seq.; Public                           102.01B of the NYSE Listed Company
                                               to negotiated service agreement(s). The                 Representative: Timothy J. Schwuchow;                 Manual to modify the provisions
                                               request(s) may propose the addition or                  Comments Due: February 12, 2018.                      relating to the qualification of
                                               removal of a negotiated service                                                                               companies listing without a prior
                                               agreement from the market dominant or                     3. Docket No(s).: MC2018–122 and                    Exchange Act registration in connection
                                               the competitive product list, or the                    CP2018–165; Filing Title: USPS Request                with an underwritten initial public
                                               modification of an existing product                     to Add Parcel Select Contract 30 to                   offering and amend Exchange rules to
                                               currently appearing on the market                       Competitive Product List and Notice of                address the opening procedures on the
                                               dominant or the competitive product                     Filing Materials Under Seal; Filing                   first day of trading of such securities.
                                               list.                                                   Acceptance Date: February 2, 2018;                    The proposal, as modified by
                                                  Section II identifies the docket                     Filing Authority: 39 U.S.C. 3642 and 39               Amendment No. 3, would: (i) Eliminate
                                               number(s) associated with each Postal                   CFR 3020.30 et seq.; Public                           the requirement in Footnote (E) of
                                               Service request, the title of each Postal               Representative: Christopher C. Mohr;                  Section 102.01B (‘‘Footnote (E)’’) of the
                                               Service request, the request’s acceptance               Comments Due: February 12, 2018.                      Manual to have a private placement
                                               date, and the authority cited by the                      This notice will be published in the                market trading price if there is a
                                               Postal Service for each request. For each               Federal Register.                                     valuation from an independent third-
                                               request, the Commission appoints an                                                                           party of $250 million in market value of
                                               officer of the Commission to represent                  Stacy L. Ruble,                                       publicly-held shares; (ii) set forth
                                               the interests of the general public in the              Secretary.                                            several factors indicating when the
                                               proceeding, pursuant to 39 U.S.C. 505                   [FR Doc. 2018–02545 Filed 2–7–18; 8:45 am]            independent third party providing the
                                               (Public Representative). Section II also                                                                      valuation would not be deemed
                                                                                                       BILLING CODE 7710–FW–P
                                               establishes comment deadline(s)                                                                               ‘‘independent’’ under Footnote (E); (iii)
                                               pertaining to each request.                                                                                   amend NYSE Rule 15 to add a reference
                                                  The public portions of the Postal                                                                          price for when a security is listed under
                                               Service’s request(s) can be accessed via                                                                      Footnote (E); (iv) amend NYSE Rule 104
                                               the Commission’s website (http://                                                                             to specify Designated Market Maker
                                               www.prc.gov). Non-public portions of                                                                          (‘‘DMM’’) requirements when
                                               the Postal Service’s request(s), if any,                                                                      facilitating the opening of a security
                                               can be accessed through compliance                                                                            listed under Footnote (E) when there
                                               with the requirements of 39 CFR                                                                               has been no sustained history of trading
                                               3007.40.                                                                                                      in a private placement trading market
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                                                  The Commission invites comments on                                                                         for such security; and (v) amend NYSE
                                               whether the Postal Service’s request(s)                                                                       Rule 123D to specify that the Exchange
                                               in the captioned docket(s) are consistent                                                                     may declare a regulatory halt prior to
                                               with the policies of title 39. For
                                               request(s) that the Postal Service states                                                                       1 15 U.S.C. 78s(b)(1).
                                               concern market dominant product(s),                                                                             2 15 U.S.C. 78a.
                                               applicable statutory and regulatory                                                                             3 17 CFR 240.19b–4.




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Document Created: 2018-02-08 00:16:12
Document Modified: 2018-02-08 00:16:12
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesComments are due: February 12, 2018.
ContactDavid A. Trissell, General Counsel, at 202-789-6820.
FR Citation83 FR 5649 

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