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<DOC>
[December 13, 2004 (Volume 69, Number 238)]
[Unified Agenda]
 [frwais.access.gpo.gov]
                         

[Page 74036]
 
PENSION BENEFIT GUARANTY CORPORATION (PBGC)

_______________________________________________________________________


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

Part XL





Pension Benefit Guaranty Corporation





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



Semiannual Regulatory Agenda

[[Page 74036]]




PENSION BENEFIT GUARANTY CORPORATION

29 CFR Ch. XL

Agenda of Regulations Under Development

AGENCY: Pension Benefit Guaranty Corporation (PBGC).

ACTION: Semiannual regulatory agenda.

_______________________________________________________________________

SUMMARY: This document sets forth the Pension Benefit Guaranty 
Corporation's regulatory agenda issued under Executive Order 12866 and 
the Regulatory Flexibility Act. The agenda lists regulations that are 
currently under development or review or that PBGC expects to have 
under development or review during the next 12 months. The effect of 
this agenda is to advise the public of PBGC's current and future 
regulatory activities.

ADDRESSES: Office of the General Counsel, Pension Benefit Guaranty 
Corporation, 1200 K Street NW., Washington, DC 20005-4026.

FOR FURTHER INFORMATION CONTACT: For further information on the agenda 
in general, contact Harold J. Ashner, Assistant General Counsel, Office 
of the General Counsel, (202) 326-4024. (For TTY/TDD users, call the 
Federal relay service toll-free at 1-800-877-8339 and ask to be 
connected to (202) 326-4024.) For information about a specific 
regulation project listed on the agenda, contact the person designated 
in the agenda for that regulation.

SUPPLEMENTARY INFORMATION: Under the President's order on Regulatory 
Planning and Review, Executive Order 12866 (58 FR 51735, October 4, 
1993), each agency is required to prepare an agenda of all regulations 
under development or review. The Regulatory Flexibility Act, Public Law 
98-354, 5 U.S.C. 601, has a similar agenda requirement. Under that law, 
the agenda must list any regulation that is likely to have a 
significant economic impact on a substantial number of small entities.

     The Office of Management and Budget has issued guidelines 
prescribing the form and content of the regulatory agenda. Under 
those guidelines, the agenda must list all regulatory activities 
being conducted or reviewed in the next 12 months and provide 
certain specified information on each regulation. Proposed 
regulations that are open for public comment may be viewed, and 
commented on, at the centralized Government rulemaking website, 
www.regulations.gov, or on the Pension Benefit Guaranty 
Corporation's website, www.pbgc.gov/regs. For this edition of the 
Pension Benefit Guaranty Corporation's regulatory agenda, the most 
significant regulatory actions are included in The Regulatory Plan, 
which appears in part II of this issue of the Federal Register. The 
Regulatory Plan entries are listed in the table of contents below 
and are denoted by a bracketed bold reference, which directs the 
reader to the appropriate sequence number in part II.

Dated: October 1, 2004.

Bradley D. Belt,

Executive Director, Pension Benefit Guaranty Corporation.

                            Pension Benefit Guaranty Corporation--Proposed Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3650        Transparency of Information Related to Plan Liabilities (Reg Plan Seq No. 145)........    1212-AB01
3651        Filing Rules..........................................................................    1212-AB02
3652        Liability Pursuant to Section 4062(e) of ERISA........................................    1212-AB03
3653        Allocation of Assets in Single-Employer Plans; Valuation of Benefits and Assets (Reg      1212-AA55
            Plan Seq No. 144).....................................................................
3654        Payment of Benefits in PBGC-Trusteed Plans............................................    1212-AA98
----------------------------------------------------------------------------------------------------------------
References in boldface appear in the Regulatory Plan in part II of this issue of the Federal Register.


                             Pension Benefit Guaranty Corporation--Final Rule Stage
----------------------------------------------------------------------------------------------------------------
                                                                                                     Regulation
 Sequence                                           Title                                            Identifier
  Number                                                                                               Number
----------------------------------------------------------------------------------------------------------------
3655        Assessment Of and Relief From Penalties...............................................    1212-AA95
----------------------------------------------------------------------------------------------------------------

_______________________________________________________________________

<DOC>
[December 13, 2004 (Volume 69, Number 238)]
[Unified Agenda]
 [frwais.access.gpo.gov]
                         

[Page 74036]
 
Pension Benefit Guaranty Corporation (PBGC)         Proposed Rule Stage

_______________________________________________________________________
 
3650. <bullet<ls-thn-eq> TRANSPARENCY OF INFORMATION RELATED TO PLAN 
LIABILITIES




 Regulatory Plan: This entry is Seq. No. 145 in part II of this issue 
of the Federal Register.

RIN: 1212-AB01
_______________________________________________________________________


<DOC>
[December 13, 2004 (Volume 69, Number 238)]
[Unified Agenda]
 [frwais.access.gpo.gov]
                         

[Page 74036-74037]
 
Pension Benefit Guaranty Corporation (PBGC)         Proposed Rule Stage

_______________________________________________________________________
 
3651. <bullet<ls-thn-eq> FILING RULES

Priority: Other Significant

Legal Authority: 29 USC 1302(b)(3); 29 USC 1303(a); 29 USC 1306; 29 USC 
1307

CFR Citation: 29 CFR 4000

Legal Deadline: None

Abstract: The PBGC is considering requiring electronic filing of 
premium declarations.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04

[[Page 74037]]

NPRM Comment Period End         02/00/05

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

URL For More Information:
www.pbgc.gov/regs

URL For Public Comments:
www.pbgc.gov/regs

Agency Contact: Deborah C. Murphy, Attorney, Pension Benefit Guaranty 
Corporation, Office of the General Counsel, 1200 K Street NW, 
Washington, DC 20005-4026
Phone: 202 326-4024
TDD Phone: 800 877-8339
Fax: 202 326-4112

RIN: 1212-AB02
_______________________________________________________________________


<DOC>
[December 13, 2004 (Volume 69, Number 238)]
[Unified Agenda]
 [frwais.access.gpo.gov]
                         

[Page 74037]
 
Pension Benefit Guaranty Corporation (PBGC)         Proposed Rule Stage

_______________________________________________________________________
 
3652. <bullet<ls-thn-eq> LIABILITY PURSUANT TO SECTION 4062(E) OF ERISA

Priority: Other Significant

Legal Authority: 29 USC 1302(b)(3); 29 USC 1362; 29 USC 1363

CFR Citation: 29 CFR 4062; 29 CFR 4063

Legal Deadline: None

Abstract: The PBGC proposes to amend its regulations to provide a rule 
for computing liability under section 4063(b) of ERISA when there is a 
substantial cessation of operations by an employer as described by 
section 4062(e) of ERISA.

Timetable:
________________________________________________________________________

Action                            Date                      FR Cite

________________________________________________________________________

NPRM                            12/00/04
NPRM Comment Period End         02/00/05

Regulatory Flexibility Analysis Required: No

Government Levels Affected: None

URL For More Information:
www.pbgc.gov/regs

URL For Public Comments:
www.pbgc.gov/regs

Agency Contact: James L. Beller, Attorney, Pension Benefit Guaranty 
Corporation, Office of the General Counsel, 1200 K Street NW, 
Washington, DC 20005-4026
Phone: 202 326-4024
TDD Phone: 800 877-8339
Fax: 202 326-4112

RIN: 1212-AB03
_______________________________________________________________________


<DOC>
[December 13, 2004 (Volume 69, Number 238)]
[Unified Agenda]
 [frwais.access.gpo.gov]
                         

[Page 74037]
 
Pension Benefit Guaranty Corporation (PBGC)         Proposed Rule Stage

_______________________________________________________________________
 
3653. ALLOCATION OF ASSETS IN SINGLE-EMPLOYER PLANS; VALUATION OF 
BENEFITS AND ASSETS

 Regulatory Plan: This entry is Seq. No. 144 in part II of this issue 
of the Federal Register.

RIN: 1212-AA55
_______________________________________________________________________


<DOC>
[December 13, 2004 (Volume 69, Number 238)]
[Unified Agenda]
 [frwais.access.gpo.gov]
                         

[Page 74037]
 
Pension Benefit Guaranty Corporation (PBGC)         Proposed Rule Stage

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