PSC-12-11-00008-P Allow NYWC to Defer and Amortize, for Future Rate Recognition, Pension Settlement Payout Losses Incurred in 2010

3/23/11 N.Y. St. Reg. PSC-12-11-00008-P

NEW YORK STATE REGISTER

VOLUME XXXIII, ISSUE 12

March 23, 2011

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-12-11-00008-P

Allow NYWC to Defer and Amortize, for Future Rate Recognition, Pension Settlement Payout Losses Incurred in 2010

PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:

Proposed Action:

The Commission is considering a petition filed by New York Water Service Corporation (NYWC) requesting deferral accounting and amortization of pension settlement losses.

Statutory authority:

Public Service Law, section 89-c(1)

Subject:

Allow NYWC to defer and amortize, for future rate recognition, pension settlement payout losses incurred in 2010.

Purpose:

Consideration of NYWC's petition to defer and amortize, for future rate recognition, pension payout losses incurred in 2010.

Substance of proposed rule:

The Commission is considering a filing by New York Water Service Corporation to defer and amortize, for future rate recognition, pension settlement payout losses incurred in 2010. The Commission may adopt, reject, or modify, in whole or in part, the proposal.

Text of proposed rule and any required statements and analyses may be obtained by filing a Document Request Form (F-96) located on our website http://www.dps.state.ny.us/f96dir.htm. For questions, contact:

Leann Ayer, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Public comment will be received until:

45 days after publication of this notice.

Regulatory Impact Statement, Regulatory Flexibility Analysis, Rural Area Flexibility Analysis and Job Impact Statement

Statements and analyses are not submitted with this notice because the proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.

(11-W-0070SP1)