Accounting for Post-Employment Benefits Other Than Pensions by NYSEG for 1999–2006
NY-ADR
8/1/07 N.Y. St. Reg. PSC-31-07-00011-P
NEW YORK STATE REGISTER
VOLUME XXIX, ISSUE 31
August 01, 2007
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
I.D No. PSC-31-07-00011-P
Accounting for Post-Employment Benefits Other Than Pensions by NYSEG for 1999–2006
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 proposal, sponsored jointly by New York State Electric & Gas Corp. (NYSEG), Department of Public Service staff, and multiple intervenors, a group of large industrial customers in New York State, to resolve all issues pending in Case 06-M-1413. That case was opened to investigate NYSEG's accounting for post-employment benefits other than pensions during the years 1999–2006. The joint proposal provides for a customer refund of $17 million to be paid on or before Dec. 31, 2007 and further provides for certain accounting changes. The commission may accept, reject or modify the joint proposal.
Statutory authority:
Public Service Law, sections 65(1), 66(1), (4) and (9)
Subject:
Accounting for post-employment benefits other than pensions by NYSEG for 1999–2006.
Purpose:
To reconcile NYSEG's accounting for post-employment benefits other than pensions with commission policies and orders relating to accounting practices and rate-setting.
Substance of proposed rule:
The Commission is considering a proposal, sponsored jointly by New York State Electric & Gas Corp. (NYSEG), Department of Public Service Staff, and Multiple Intervenors, a group of large industrial customers in New York State, to resolve all issues pending in Case 06-M-1413. That case was opened to investigate NYSEG's accounting for Post-Employment Benefits other than pensions during the year 1999–2006. The joint proposal provides for a customer refund of $17 million to be paid on or before December 31, 2007 and further provides for certain accounting changes. The Commission may accept, reject or modify the joint 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:
Central Operations, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, (518) 474-2500
Data, views or arguments may be submitted to:
Jaclyn A. Brilling, Secretary, Public Service Commission, Bldg. 3, Empire State Plaza, Albany, NY 12223-1350, (518) 474-6530
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.
(06-M-1413SA1)
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