83 FR 60411 - Charter Renewal of Department of Defense Federal Advisory Committees

DEPARTMENT OF DEFENSE
Office of the Secretary

Federal Register Volume 83, Issue 227 (November 26, 2018)

The Department of Defense is publishing this notice to announce that it is renewing the charter for the Department of Defense Medicare-Eligible Retiree Health Care Board of Actuaries (``the Board'').

[Federal Register Volume 83, Number 227 (Monday, November 26, 2018)]
[Notices]
[Page 60411]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-25702]


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DEPARTMENT OF DEFENSE

Office of the Secretary


Charter Renewal of Department of Defense Federal Advisory 
Committees

AGENCY: Department of Defense.

ACTION: Renewal of Federal Advisory Committee.

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SUMMARY: The Department of Defense is publishing this notice to 
announce that it is renewing the charter for the Department of Defense 
Medicare-Eligible Retiree Health Care Board of Actuaries (``the 
Board'').

FOR FURTHER INFORMATION CONTACT: Jim Freeman, Advisory Committee 
Management Officer for the Department of Defense, 703-692-5952.

SUPPLEMENTARY INFORMATION: The Board's charter is being renewed in 
accordance with the Federal Advisory Committee Act (FACA) of 1972 (5 
U.S.C., App) and 41 CFR 102-3.50(d). The Board's charter and contact 
information for the Board's Designated Federal Officer (DFO) can be 
found at https://www.facadatabase.gov/FACA/apex/FACAPublicAgencyNavigation.
    The Board provides the Secretary of Defense and the Deputy 
Secretary of Defense, through the Under Secretary of Defense for 
Personnel and Readiness (USD(P&R)), independent advice and 
recommendations related on actuarial matters associated with the 
Department of Defense (DoD) Medicare-Eligible Retiree Health Care Fund 
(``the Fund'') and other related matters. Pursuant to 10 U.S.C. 
1114(c), the Board shall report to the Secretary of Defense and/or the 
Deputy Secretary of Defense annually on the actuarial status of the 
Fund and shall furnish its advice and opinion on matters referred to it 
by the Secretary of Defense. The Board shall review valuations of the 
Fund under 10 U.S.C. 1115(c) and shall report periodically, not less 
than once every four years, to the President and Congress on the status 
of the Fund. The Board shall include in such reports recommendations 
for such changes as in the Board's judgment are necessary to protect 
the public interest and maintain the Fund on a sound actuarial basis.
    Pursuant to 10 U.S.C. 1114(a)(1) and (2), the Board consists of 
three members from among qualified professional actuaries who are 
members of the Society of Actuaries. Board members will serve for a 
term of 15-years, except that a Board member appointed to fill a 
vacancy occurring before the end of the term for which the predecessor 
was appointed shall serve only until the end of such term. A Board 
member may serve after the end of the term until a successor has taken 
office. The Board membership appointments are staggered so that a new 
member is appointed every five years. A Board member may be removed by 
the Secretary of Defense for misconduct or failure to perform functions 
vested in the Board and for no other reason.
    Board members are entitled, pursuant to 10 U.S.C. 1114(a)(3), to 
receive pay at the daily equivalent of the annual rate of basic pay of 
the highest rate of basic pay under the General Schedule of subchapter 
III of chapter 53 of title 5, for each day the member is engaged in the 
performance of duties vested in the Board, and is entitled to travel 
expenses, including a per diem allowance, in accordance with section 
5703 of title 5.
    The public or interested organizations may submit written 
statements to the Board membership about the Board's mission and 
functions. Written statements may be submitted at any time or in 
response to the stated agenda of planned meeting of the Board. All 
written statements shall be submitted to the DFO for the Board, and 
this individual will ensure that the written statements are provided to 
the membership for their consideration.

    Dated: November 20, 2018.
Shelly Finke,
Alternate OSD Federal Register Liaison Officer, Department of Defense.
[FR Doc. 2018-25702 Filed 11-23-18; 8:45 am]
 BILLING CODE 5001-06-P