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Activities

conjunction with private volunteer To fulfill the Peace Corps mandate, men

organizations. and women are trained for a 9- to 14- In the United States, the Peace Corps week period in the appropriate local is working to promote an understanding language, the technical skills necessary of people in other countries. Through its for their particular job, and the cross- World Wise Schools Program, volunteers cultural skills needed to adjust to a are matched with elementary and junior society with traditions and attitudes high schools in the United States to different from their own. Volunteers encourage an exchange of letters, serve for a period of 2 years, living pictures, music, and artifacts. among the people with whom they

Participating students increase their work. Volunteers are expected to knowledge of geography, languages, and become a part of the community through different cultures, while gaining an their voluntary service.

appreciation for voluntarism. Thousands of volunteers serve throughout Central and South America,

The Peace Corps offers other domestic the Caribbean, Africa, Asia, the Pacific,

programs involving former volunteers, Central and Eastern Europe, Russia,

universities, local public school systems, Ukraine, the Baltics, and Central Asia.

and private businesses and foundations They work in six program areas,

in a partnership to help solve some of including: education, agriculture, health,

the United States most pressing domestic small business development, urban

problems. development, and the environment.

The Peace Corps Office of Private Community-level projects are designed Sector Relations works with schools, to incorporate the skills of volunteers civic groups, businesses, and with the resources of host-country neighborhood and youth organizations agencies and other international

in the United States to facilitate their assistance organizations to help solve support of Peace Corps initiatives here specific development problems, often in and abroad.

Area Offices Peace Corps

Office

Address

Telephone

404 331-2932

617-565-5555

312-353_4990

214-767-5435

303-866-1057

Atlanta, GA (Alabama, Florida, Georgia, Mississippi, Rm. 2324, 101 Marietta St. NW., 30323

South Carolina, Tennessee).
Boston, MA (Maine, Massachusetts, New Hamp Rm. 450, 10 Causeway St., 02222

shire, Rhode Island, Vermont).
Chicago, IL (Illinois, Indiana, Kentucky. Michigan, Suite 450, 55 W. Monroe St., 60603

Missouri, Ohio).
Dallas, TX (Arkansas, Louisiana, New Mexico, Okla- Rm. 230, 400 N. Ervay St., P.O. Box 638, 75221

homa, Texas).
Denver, CO (Colorado, Kansas, Nebraska, Utah, Rm. 550, 140 E. 19th Ave., 80203

Wyoming).
Los Angeles, CA (Arizona, southern California) Suite 8104, 11000 Wilshire Blvd., 90024
Minneapolis, MS (lowa, Minnesota, North Dakota, Suite 420, 330 2d Ave. S., 55401

South Dakota, Wisconsin).
New York, NY (Connecticut. New Jersey, New York, Rm. 611, 6 World Trade Ctr., 10048

Pennsylvania, Puerto Rico).
Arlington, VA (District of Columbia, Delaware, Mary- Suite 400, 1400 Wilson Blvd., 22209

land, North Carolina, Virginia, West Virginia).
San Francisco, CA (northern California, Hawaii, Ne- Rm. 533, 211 Main St., 94105

vada). Seattle, WA (Alaska, Idaho, Montana, Oregon, Rm. 1776, 2001 6th Ave., 98121

Washington).

310-235-7444 612-348-1480

212-466-2477

703-235-9191

415-744-2677

206553-5490

Sources of Information
Becoming a Peace Corps Volunteer
Contact the nearest area office. Phone,
800_424-8580, extension 2293 (toll-
free).

Employment Contact the Peace Corps, Office of Human Resource Management, Washington, DC 20526. Phone, 202– 606–3950. For recorded employment opportunities, call 202-606-3214.

General Inquiries Information or
assistance may be obtained by
contacting the Peace Corps' Washington,

DC, headquarters or any of its area
offices. Frequently, information is
available from local post offices.

For further information, contact the Press Office, Peace Corps, 1990 K Street NW., Washington, DC 20526. Phone, 202-606-3010; or 800_424–8580 (toll-free), Fax, 202-606-3108.

PENSION BENEFIT GUARANTY CORPORATION
1200 K Street NW., Washington, DC 20005
Phone, 202-326-4000

ROBERT B. REICH

ROBERT E. RUBIN
MICHAEL KANTOR

MARTIN SLATE
NELL HENNESSY

JOSEPH H. GRANT

N. ANTHONY CALHOUN

JOHN SEAL

JUDY SCHUB

Board of Directors:
Chairman (Secretary of Labor)
Members:

(Secretary of the Treasury)

(Secretary of Commerce)
Officials:
Executive Director
Deputy Executive Director and Chief

Negotiator
Deputy Executive Director and Chief

Operating Officer
Deputy Executive Director and Chief Financial

Officer
Deputy Executive Director and Chief

Management Officer
Assistant Executive Director for Legislative and

Congressional Affairs
Director, Budget Department
Director, Communications and Public Affairs

Department
Director, Contracts and Controls Review

Department
Director, Corporate Finance and

Negotiations Department
Director, Corporate Policy and Research

Department
Director, Facilities and Services Department
Director, Financial Operations Department
General Counsel
Director, Human Resources Department
Director, Information Resources

Management Department
Inspector General
Director, Insurance Operations Department
Director, Participant and Employer Appeals

Department
Director, Procurement Department

HENRY R. THOMPSON
JUDITH WELLES

DALE WILLIAMS

ANDREA E. SCHNEIDER

STUART A. SIRKIN

JANET A. SMITH
HAZEL BROADNAX
JAMES J. KEIGHTLEY
SHARON BARBEE-FLETCHER
CRIS BIRCH

WAYNE ROBERT POLL
BENNIE L. HAGANS
HARRIET D. VERBURG

ROBERT W. HERTING

The Pension Benefit Guaranty Corporation guarantees payment of nonforfeitable pension benefits in covered private-sector defined benefit pension plans.

The Pension Benefit Guaranty Corporation is a self-financing, wholly owned Government corporation subject to the Government Corporation Control Act (31 U.S.C. 9101-9109). The Corporation, established by Title IV of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1301– 1461), is governed by a Board of Directors consisting of the Secretaries of Labor, Commerce, and the Treasury. The Secretary of Labor is Chairman of the Board. A seven-member Advisory Committee, composed of two labor, two business, and three public members appointed by the President, advises the agency on various matters.

Activities Coverage The Corporation insures most private-sector defined benefit pension plans that provide a pension benefit based on factors such as age, years of service, and salary.

The Corporation administers two insurance programs separately covering single-employer and multiemployer plans. More than 42 million workers participate in approximately 55,000 covered plans. Single-Employer Insurance Under the single-employer program, the Corporation guarantees payment of certain pension benefits if an insured plan terminates without sufficient assets to pay those benefits. However, the law limits the total monthly benefit that the agency may guarantee for one individual to $2,642.05 per month, at age 65, for a plan terminating during 1995, and sets other restrictions on PBGC's guarantee. The Corporation may also pay some benefits above the guaranteed amount depending on amounts recovered from the employer responsible for the plan.

A plan administrator may terminate a single-employer plan in a standard" or "distress" termination if certain procedural and legal requirements are met. In either termination, the plan

administrator must inform participants in writing at least 60 days prior to the date the administrator proposes to terminate the plan. Only a plan which has sufficient assets to pay all benefit liabilities may terminate in a standard termination. The Corporation also may institute termination proceedings in certain specified circumstances. Multiemployer Insurance Under title IV, as originally enacted, the Corporation guaranteed nonforfeitable benefits for multiemployer plans in a similar fashion as for single-employer plans. However, the multiemployer program was revised in 1980 by the Multiemployer Pension Plan Amendments Act (29 U.S.C. 1001 note) which changed the insurable event from plan termination to plan insolvency. The Corporation now provides financial assistance to plans that are unable to pay nonforfeitable benefits. The plans are obligated to repay such assistance. The act also made employers withdrawing from a plan liable to the plan for a portion of its unfunded vested benefits. Premium Collections All defined benefit pension plans insured by PBGC are required to pay premiums to the Corporation according to rates set by Congress. The annual premium per plan participant for multiemployer pension plans is $2.60 for plan years beginning after September 26, 1988. The basic premium for all single-employer plans is $19 per participant per year. Underfunded single-employer plans must also pay an additional premium equal to $9 per $1,000 of unfunded vested benefits, subject to a cap that will be phased out by the end of 1997.

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Sources of Information

The Pension Benefit Guarantee Corporation provides information electronically through the Internet, at http://www.pbgc.gov/.

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For further information, contact the Pension Benefit Guaranty Corporation, 1200 K Street NW.,
Washington, DC 20005–4026. Phone, 202-326-4000.

POSTAL RATE COMMISSION 1333 H Street NW., Washington, DC 20268-0001 Phone, 202-789-6800. Fax, 202-789-6861

Chairman

EDWARD J. GLEIMAN Special Counsel

JAMES PIERCE MYERS Vice Chairman

W.H. LEBLANC III Special Assistant

JOHN B. KEELEY Commissioner

GEORGE W. HALEY Special Assistant

IRVIN H. BROMALL Commissioner

H. EDWARD QUICK, JR. Special Assistant

JANET L. GREENE Commissioner

(VACANCY) Special Assistant

(VACANCY) Special Assistant to the Commission

ROBERT W. MITCHELL Chief Administrative Officer and Secretary MARGARET P. CRENSHAW Legal Advisor

STEPHEN L. SHARFMAN
Director, Office of Rates, Analysis and

ROBERT COHEN
Planning
Assistant Director, Office of Rates, Analysis WILLIAM FERGUSON

and Planning
Director, Office of the Consumer Advocate W. GAIL WILLETTE
Assistant Director, Office of the Consumer E. RAND COSTICH

Advocate Personnel Officer

CYRIL J. PITTACK (For the Postal Rate Commission statement of organization, see the Code of Federal Regulations, Title 39, Part 3002]

The major responsibility of the Postal Rate Commission is to submit recommended decisions to the United States Postal Service Governors on postage rates, fees, and mail classifications.

The Postal Rate Commission is an
independent agency created by the
Postal Reorganization Act, as amended
(39 U.S.C. 3601-3604). It is composed
of five Commissioners, appointed by the
President with the advice and consent of
the Senate, one of whom is designated
as Chairman.

The Commission promulgates rules and regulations, establishes procedures, and takes other actions necessary to carry out its obligations. Acting upon requests from the U.S. Postal Service or on its own initiative, the Commission recommends and issues advisory opinions to the Board of Governors of

the U.S. Postal Service on changes in
rates or fees in each class of mail or type
of service. It studies and submits
recommended decisions on establishing
or changing the mail classification
schedule and holds on-the-record
hearings that are lawfully required to
attain sound and fair recommendations.
It initiates studies on postal matters, such
as cost theory and operations.

The Commission also receives, studies,
conducts hearings, and issues
recommended decisions and reports to
the Postal Service on complaints
received from interested persons relating
to postage rates, postal classifications,

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