95-11007. Contributions Under Special Transition Rule for Public Commuter Railroads  

  • [Federal Register Volume 60, Number 86 (Thursday, May 4, 1995)]
    [Rules and Regulations]
    [Pages 21981-21982]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-11007]
    
    
    
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    RAILROAD RETIREMENT BOARD
    
    20 CFR Part 344
    
    RIN 3220-AB13
    
    
    Contributions Under Special Transition Rule for Public Commuter 
    Railroads
    
    agency: Railroad Retirement Board.
    
    action: Final rule; removal.
    
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    summary: The Railroad Retirement Board (Board) hereby amends its 
    regulations to remove a temporary rule regarding the computation and 
    payment of contributions under the Railroad Unemployment Insurance Act 
    for commuter railroads. The rule is now obsolete.
    
    effective date: May 4, 1995.
    
    addresses: Secretary to the Board, Railroad Retirement Board, 844 Rush 
    Street, Chicago, Illinois 60611.
    
    for further information contact: Thomas W. Sadler, Assistant General 
    Counsel, Railroad Retirement Board, 844 Rush Street, Chicago, Illinois 
    60611, (312) 751-4513, TDD (312) 751-4701.
    
    supplementary information: Section 7102(a) of the Railroad Unemployment 
    Insurance and Retirement Improvement Act of 1988 (Title VII, Subtitle A 
    of Pub. L. 100-647) enacted a special transition rule regarding 
    computation and payment of contributions by public commuter railroads 
    for calendar years 1989 and 1990. Under the special transition rule, 
    each public commuter [[Page 21982]] railroad paid contributions under 
    section 8(a) of the Railroad Unemployment Insurance Act in an amount 
    equal to the amount of unemployment and sickness benefits paid to its 
    employees, plus an additional amount for administrative expenses. The 
    Board promulgated Part 344 as a temporary rule (see 54 FR 25846, June 
    20, 1989) to explain how it would apply the special transition rule. 
    Effective with calendar year 1991, public commuter railroads have been 
    paying experience-rated contributions on the same basis as other 
    railroad employers. Thus, Part 344 is obsolete.
        The Board has determined that this is not a major rule for purposes 
    of Executive Order 12866. Therefore, no regulatory impact analysis is 
    required.
    
    List of Subchapter in 20 CFR Part 344
    
        Railroad employees, Railroad employers, Railroad unemployment 
    benefits.
    
        For the reasons set out in the preamble, part 344 of title 20, 
    chapter II of the Code of Federal Regulations is amended as follows:
    
    PART 344--[REMOVED AND RESERVED]
    
        1. The authority citation for this part continues to read as 
    follows:
    
        Authority: 45 U.S.C. 362(i) and 362(l).
    
        2. Part 344, consisting of Secs. 344.1 through 344.6, is hereby 
    removed and reserved.
    
        Dated: April 26, 1995.
    
        By Authority of the Board.
    
        For the Board.
    Beatrice Ezerski,
    Secretary to the Board.
    [FR Doc. 95-11007 Filed 5-3-95; 8:45 am]
    BILLING CODE 7905-01-M
    
    

Document Information

Effective Date:
5/4/1995
Published:
05/04/1995
Department:
Railroad Retirement Board
Entry Type:
Rule
Action:
Final rule; removal.
Document Number:
95-11007
Dates:
May 4, 1995.
Pages:
21981-21982 (2 pages)
RINs:
3220-AB13
PDF File:
95-11007.pdf
CFR: (1)
20 CFR 344