Agency Forms Submitted for OMB Review, Request for Comments, 43052-43054 [2017-19442]
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43052
Federal Register / Vol. 82, No. 176 / Wednesday, September 13, 2017 / Notices
Dated at Rockville, Maryland, this 7th day
of September, 2017.
For the Nuclear Regulatory Commission.
David Cullison,
NRC Clearance Officer, Office of the Chief
Information Officer.
[FR Doc. 2017–19368 Filed 9–12–17; 8:45 am]
BILLING CODE 7590–01–P
RAILROAD RETIREMENT BOARD
Agency Forms Submitted for OMB
Review, Request for Comments
Summary: In accordance with the
Paperwork Reduction Act of 1995, the
Railroad Retirement Board (RRB) is
forwarding an Information Collection
Request (ICR) to the Office of
Information and Regulatory Affairs
(OIRA), Office of Management and
Budget (OMB). Our ICR describes the
information we seek to collect from the
public. Review and approval by OIRA
ensures that we impose appropriate
paperwork burdens.
The RRB invites comments on the
proposed collections of information to
determine (1) the practical utility of the
collections; (2) the accuracy of the
estimated burden of the collections; (3)
ways to enhance the quality, utility, and
clarity of the information that is the
subject of collection; and (4) ways to
minimize the burden of collections on
respondents, including the use of
automated collection techniques or
other forms of information technology.
Comments to the RRB or OIRA must
contain the OMB control number of the
ICR. For proper consideration of your
comments, it is best if the RRB and
OIRA receive them within 30 days of
the publication date.
1. Title and purpose of information
collection: Supplemental Information on
Accident and Insurance; OMB 3220–
0036.
Under Section 12(o) of the Railroad
Unemployment Insurance Act (RUIA),
the Railroad Retirement Board (RRB) is
entitled to reimbursement of the
sickness benefits paid to a railroad
employee if the employee receives a
sum or damages for the same infirmity
for which the benefits are paid. Section
2(f) of the RUIA requires employers to
reimburse the RRB for days in which
salary, wages, pay for time lost or other
remuneration is later determined to be
payable. Reimbursements under section
2(f) generally result from the award of
pay for time lost or the payment of
guaranteed wages. The RUIA prescribes
that the amount of benefits paid be
deducted and held by the employer in
a special fund for reimbursement to the
RRB.
The RRB currently utilizes Forms SI–
1c, Supplemental Information on
Accident and Insurance; SI–5, Report of
Payments to Employee Claiming
Sickness Benefits Under the RUIA; ID–
3s and ID–3s (Internet), Request for Lien
Information—Report of Settlement; ID–
3s-1, Lien Information Under Section
12(o) of the RUIA; ID–3u and ID–3u
(Internet), Request for Section 2(f)
Information; ID–30k, Notice to Request
Supplemental Information on Injury or
Illness; and ID–30k-1, Notice to Request
Supplemental Information on Injury or
Illness; to obtain the necessary
information from claimants and railroad
employers. Completion is required to
obtain benefits. One response is
requested of each respondent.
Previous Requests for Comments: The
RRB has already published the initial
60-day notice (82 FR 31108 on July 5,
2017) required by 44 U.S.C. 3506(c)(2).
That request elicited no comments.
Information Collection Request (ICR)
Title: Supplemental Information on
Accident and Insurance.
OMB Control Number: 3220–0036.
Form(s) submitted: SI–1c, SI–5, ID–3s,
ID–3s (Internet), ID–3s.1, ID3u, ID–3u
(Internet), ID–30k, and ID–30k.1.
Type of request: Extension without
change of a currently approved
collection.
Affected public: Individuals or
Households.
Abstract: The Railroad
Unemployment Insurance Act provides
for the recovery of sickness benefits
paid if an employee receives a
settlement for the same injury for which
benefits were paid. The collection
obtains information that is needed to
determine the amount of the RRB’s
reimbursement from the person or
company responsible for such
payments.
Changes proposed: The RRB proposes
no changes to the forms in the
collection.
The burden estimate for the ICR is as
follows:
Annual
responses
Form No.
Time
(minutes)
Burden
(hours)
475
7
4,000
2,000
3,000
400
200
55
65
5
5
3
3
3
3
3
5
5
40
1
200
100
150
20
10
5
5
Total ......................................................................................................................................
sradovich on DSK3GMQ082PROD with NOTICES
SI–1c ............................................................................................................................................
SI–5 ..............................................................................................................................................
ID–3s (Paper & Telephone) .........................................................................................................
ID–3s (Internet) ............................................................................................................................
ID–3s–1 (Paper & Telephone) .....................................................................................................
ID–3u (Paper & Telephone) ........................................................................................................
ID–3u (Internet) ............................................................................................................................
ID–30k ..........................................................................................................................................
ID–30k.1 .......................................................................................................................................
10,202
........................
531
2. Title and Purpose of information
collection: Pension Plan Reports; OMB
3220–0089. Under Section 2(b) of the
Railroad Retirement Act (RRA), the
Railroad Retirement Board (RRB) pays
supplemental annuities to qualified RRB
employee annuitants. A supplemental
annuity, which is computed according
to Section 3(e) of the RRA, can be paid
at age 60 if the employee has at least 30
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years of creditable railroad service or at
age 65 if the employee has 25–29 years
of railroad service. In addition to 25
years of service, a ‘‘current connection’’
with the railroad industry is required.
Eligibility is further limited to
employees who had at least 1 month of
rail service before October 1981 and
were awarded regular annuities after
June 1966. Further, if an employee’s
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Sfmt 4703
65th birthday was prior to September 2,
1981, he or she must not have worked
in rail service after certain closing dates
(generally the last day of the month
following the month in which age 65 is
attained). Under Section 2(h)(2) of the
RRA, the amount of the supplemental
annuity is reduced if the employee
receives monthly pension payments, or
a lump-sum pension payment from a
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43053
Federal Register / Vol. 82, No. 176 / Wednesday, September 13, 2017 / Notices
private pension from a railroad
employer, to the extent the payments
are based on contributions from that
employer. The employee’s own
contribution to their pension account
does not cause a reduction. A private
railroad employer pension is defined in
20 CFR 216.42.
The RRB requires the following
information from railroad employers to
calculate supplemental annuities: (a)
The current status of railroad employer
pension plans and whether such plans
cause reductions to the supplemental
annuity; (b) whether the employee
receives monthly payments from a
private railroad employer pension,
elected to receive a lump sum in lieu of
monthly pension payments from such a
plan, or was required to receive a lump
sum from such a plan due to the plan’s
small benefit provision; and (c) the
amount of the payments attributable to
the railroad employer’s contributions.
The requirement that railroad employers
furnish pension information to the RRB
is contained in 20 CFR 209.2.
The RRB currently utilizes Form G–
88p and G–88p (Internet), Employer’s
Supplemental Pension Report, and
Form G–88r, Request for Information
About New or Revised Employer
Pension Plan, to obtain the necessary
information from railroad employers.
One response is requested of each
respondent. Completion is mandatory.
Previous Requests for Comments: The
RRB has already published the initial
60-day notice (82 FR 31108 on July 5,
2017) required by 44 U.S.C. 3506(c)(2).
That request elicited no comments.
Information Collection Request (ICR)
Title: Pension Plan Reports.
OMB Control Number: 3220–0089.
Forms submitted: G–88p and G–88r.
Type of request: Revision of a
currently approved collection of
information.
Affected public: Businesses or other
for-profits.
Abstract: The Railroad Retirement Act
provides for payment of a supplemental
annuity to a qualified railroad
retirement annuitant. The collection
obtains information from the annuitant’s
employer to determine (a) the existence
of railroad employer pension plans and
whether such plans, if they exist,
require a reduction to supplemental
annuities paid to the employer’s former
employees and (b) the amount of
supplemental annuities due railroad
employees.
Changes proposed: The RRB proposes
to revise Forms G–88p and G–88p
(Internet) to acquire more accurate
employee pension information by
asking the employer whether the
employee is currently eligible for a
pension and instructing the employer to
indicate whether the employee filed for
the pension or instead elected to defer
distribution from the pension account in
Items 11a and 11b (paper) and Items 10a
and 10b (Internet). The RRB also
proposes to make other editorial
changes. The RRB proposes no changes
to Form G–88r.
The burden estimate for the ICR is as
follows:
Annual
responses
Form No.
Time
(minutes)
Burden
(hours)
G–88p ..........................................................................................................................................
G–88p (Internet) ..........................................................................................................................
G–88r ...........................................................................................................................................
100
200
10
8
6
8
13
20
1
Total ......................................................................................................................................
310
........................
34
3. Title and Purpose of information
collection: Statement Regarding
Contributions and Support; OMB 3220–
0099.
Under Section 2 of the Railroad
Retirement Act, dependency on an
employee for one-half support at the
time of the employee’s death can affect
(1) entitlement to a survivor annuity
when the survivor is a parent of the
deceased employee; (2) the amount of
spouse and survivor annuities; and (3)
the Tier II restored amount payable to a
widow(er) whose annuity was reduced
for receipt of an employee annuity, and
who was dependent on the railroad
employee in the year prior to the
employee’s death. One-half support may
also negate the public service pension
offset in Tier I for a spouse or
widow(er). The Railroad Retirement
Board (RRB) utilizes Form G–134,
Statement Regarding Contributions and
Support, to secure information needed
to adequately determine if the applicant
meets the one-half support requirement.
One response is completed by each
respondent. Completion is required to
obtain benefits.
Previous Requests for Comments: The
RRB has already published the initial
60-day notice (82 FR 31109 on July 5,
2017) required by 44 U.S.C. 3506(c)(2).
That request elicited no comments.
Information Collection Request (ICR)
Title: Statement Regarding
Contributions and Support.
OMB Control Number: 3220–0099.
Form(s) submitted: G–134.
Annual
responses
Form No.
sradovich on DSK3GMQ082PROD with NOTICES
Type of request: Extension without
change of a currently approved
collection.
Affected public: Individuals or
Households.
Abstract: Dependency on the
employee for one-half support at the
time of the employee’s death can be a
condition affecting eligibility for a
survivor annuity provided for under
Section 2 of the Railroad Retirement
Act. One-half support is also a condition
which may negate the public service
pension offset in Tier I for a spouse or
widow(er).
Changes proposed: The RRB proposes
no changes to Form G–134.
The burden estimate for the ICR is as
follows:
Time
(minutes)
Burden
(hours)
G–134:
With Assistance ....................................................................................................................
Without assistance ...............................................................................................................
75
25
147
180
184
75
Total ...............................................................................................................................
100
........................
259
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43054
Federal Register / Vol. 82, No. 176 / Wednesday, September 13, 2017 / Notices
Additional Information or Comments:
Copies of the forms and supporting
documents can be obtained from Dana
Hickman at (312) 751–4981 or
Dana.Hickman@RRB.GOV.
Comments regarding the information
collection should be addressed to Brian
Foster, Railroad Retirement Board, 844
North Rush Street, Chicago, Illinois,
60611–1275 or Brian.Foster@rrb.gov and
to the OMB Desk Officer for the RRB,
Fax: 202–395–6974, Email address:
OIRA_Submission@omb.eop.gov.
Brian D. Foster,
Clearance Officer.
[FR Doc. 2017–19442 Filed 9–12–17; 8:45 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–81545; File No. SR–NSCC–
2017–804]
Self-Regulatory Organizations;
National Securities Clearing
Corporation; Notice of No Objection to
an Advance Notice To Expand the
Application of the Family-Issued
Securities Charge
September 7, 2017.
sradovich on DSK3GMQ082PROD with NOTICES
On July 10, 2017, National Securities
Clearing Corporation (‘‘NSCC’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’) advance
notice SR–NSCC–2017–804 (‘‘Advance
Notice’’) pursuant to Section 806(e)(1) of
Title VIII of the Dodd-Frank Wall Street
Reform and Consumer Protection Act
entitled the Payment, Clearing, and
Settlement Supervision Act of 2010
(‘‘Clearing Supervision Act’’) 1 and Rule
19b–4(n)(1)(i) 2 under the Securities
Exchange Act of 1934 (‘‘Exchange
Act’’).3 The Advance Notice was
published for comment in the Federal
Register on August 8, 2017.4 The
1 12 U.S.C. 5465(e)(1). The Financial Stability
Oversight Council designated NSCC a systemically
important financial market utility on July 18, 2012.
See Financial Stability Oversight Council 2012
Annual Report, Appendix A, https://
www.treasury.gov/initiatives/fsoc/Documents/2012
%20Annual%20Report.pdf. Therefore, NSCC is
required to comply with the Clearing Supervision
Act and file advance notices with the Commission.
See 12 U.S.C. 5465(e).
2 17 CFR 240.19b–4(n)(1)(i).
3 15 U.S.C. 78s(b)(1).
4 Securities Exchange Act Release No. 81286
(August 2, 2017), 82 FR 37141 (August 8, 2017)
(SR–NSCC–2017–804) (‘‘Notice’’). NSCC also filed a
related proposed rule change with the Commission
pursuant to Section 19(b)(1) of the Exchange Act
and Rule 19b–4 thereunder, seeking approval of
changes to its rules necessary to implement the
Advance Notice. 15 U.S.C. 78s(b)(1) and 17 CFR
240.19b–4, respectively. The proposed rule change
was published in the Federal Register on July 31,
2017. Securities Exchange Act Release No. 81203
VerDate Sep<11>2014
17:34 Sep 12, 2017
Jkt 241001
Commission did not receive any
comments on the Advance Notice. This
publication serves as notice that the
Commission does not object to the
changes set forth in the Advance Notice.
I. Description of the Advance Notice
The Advance Notice is a proposal by
NSCC to further address specific wrongway risk 5 that is present when NSCC
acts as central counterparty to a
transaction with an NSCC member
(‘‘Member’’) where the underlying
securities are securities issued by such
Member or an affiliate of such Member
(‘‘family-issued securities’’).6 Currently,
NSCC applies a targeted margin charge
to address the specific wrong-way risk
of family-issued securities transactions
(‘‘FIS Charge’’) where the Member is on
NSCC’s Watch List.7 NSCC believes that
Members on the Watch List present a
higher credit risk (i.e., a greater risk of
defaulting on their settlement
obligations), compared to Members not
on the Watch List. As such, the familyissued securities of Members on the
Watch List currently receive a FIS
Charge because of the increased credit
risk presented by such Members. As
described in detail below, NSCC
proposes in the Advance Notice to
expand the application of the FIS
Charge to all Members, regardless of a
Member’s Watch List status, but still
maintain a higher FIS Charge for
Members that present a greater credit
risk to NSCC, such as Members on the
Watch List.
Currently, in calculating a Watch List
Member’s overall margin charge (i.e., a
Watch List Member’s required deposit
to NSCC’s clearing fund), NSCC
(July 25, 2017), 82 FR 35563 (July 31, 2017) (SR–
NSCC–2017–010). The Commission did not receive
any comments on that proposal.
5 Specific wrong-way risk is the risk that an
exposure to a counterparty is highly likely to
increase when the creditworthiness of that
counterparty is deteriorating. See Principles for
financial market infrastructures, issued by the
Committee on Payment and Settlement Systems and
the Technical Committee of the International
Organization of Securities Commissions 47 n.65
(April 2012), available at https://www.bis.org/publ/
cpss101a.pdf.
6 As part of this proposal, NSCC proposes to
define in its rules that, for a given Member, a
family-issued security is a security that was issued
by such Member or an affiliate of such Member.
7 As part of its ongoing monitoring of its
membership, NSCC utilizes an internal credit risk
rating matrix to rate its risk exposures to its
Members based on a scale from 1 (the strongest) to
7 (the weakest). Members that fall within the
weakest three rating categories (i.e., 5, 6, and 7) are
placed on NSCC’s ‘‘Watch List’’ and, as provided
under NSCC’s Rules and Procedures (‘‘Rules’’), may
be subject to enhanced surveillance or additional
margin charges. See Section 4 of Rule 2B and
Section I(B)(1) of Procedure XV of NSCC’s Rules,
available at https://dtcc.com/∼/media/Files/
Downloads/legal/rules/nscc_rules.pdf.
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Frm 00086
Fmt 4703
Sfmt 4703
excludes the Member’s net, unsettled
long position in family-issued securities
from the volatility component of the
margin calculation (‘‘VaR Charge’’).
Instead, for such unsettled long
positions, NSCC calculates the required
margin (i.e., the FIS Charge) by
multiplying the position value by a set
percentage, which is determined based
on a Member’s rating on NSCC’s
internal credit risk rating matrix.8 NSCC
applies this separate margin calculation
to deal with specific wrong-way risk
that arises from these positions because
NSCC has to liquidate the unsettled
family-issued security long positions in
the Member’s portfolio to manage the
default.9 Given that the Member’s
default would likely adversely affect
NSCC’s ability to liquidate such
positions at full value (because the
value of the family-issued securities will
decline in response to the Member’s
default), NSCC applies the FIS Charge to
try to address the risk of a shortfall.
According to NSCC, the FIS Charge
constitutes a more conservative
approach to collecting margin on
family-issued security positions than
what may be achieved by applying the
VaR Charge, which does not recognize
the relationship between the Member
and the family-issued securities.
Although the risk of default by
Members that are not on the Watch List
is lower than Members on the Watch
List, NSCC believes that it is appropriate
to apply the FIS Charge to all Members
because all Members’ long positions in
family-issued securities present specific
wrong-way risk. However, the proposal
would still maintain the relation
between the FIS Charge and the
Member’s risk of default (i.e., the
Member’s credit risk), while at the same
time addressing the difference in risk
posed by equity and fixed-income
securities. As such, NSCC proposes in
the Advance Notice to apply the FIS
Charge to fixed-income securities that
are family-issued securities of nonWatch List Members at a rate of no less
than 40 percent, and to equities that are
family-issued securities of non-Watch
8 More specifically, fixed-income securities that
are family-issued securities are charged a rate of no
less than 80 percent for firms that are rated 6 or 7
on the credit risk rating matrix, and no less than
40 percent for firms that are rated 5 on the credit
risk rating matrix. Equity securities that are familyissued securities are charged a rate of 100 percent
for firms that are rated 6 or 7 on the credit risk
rating matrix, and no less than 50 percent for firms
that are rated 5 on the credit risk rating matrix.
9 In a default scenario, NSCC would receive the
family-issued securities from a Member’s
guaranteed long transactions and would have to
liquidate the holding to unwind NSCC’s position.
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]]>Agencies
[Federal Register Volume 82, Number 176 (Wednesday, September 13, 2017)]
[Notices]
[Pages 43052-43054]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-19442]
=======================================================================
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RAILROAD RETIREMENT BOARD
Agency Forms Submitted for OMB Review, Request for Comments
Summary: In accordance with the Paperwork Reduction Act of 1995,
the Railroad Retirement Board (RRB) is forwarding an Information
Collection Request (ICR) to the Office of Information and Regulatory
Affairs (OIRA), Office of Management and Budget (OMB). Our ICR
describes the information we seek to collect from the public. Review
and approval by OIRA ensures that we impose appropriate paperwork
burdens.
The RRB invites comments on the proposed collections of information
to determine (1) the practical utility of the collections; (2) the
accuracy of the estimated burden of the collections; (3) ways to
enhance the quality, utility, and clarity of the information that is
the subject of collection; and (4) ways to minimize the burden of
collections on respondents, including the use of automated collection
techniques or other forms of information technology. Comments to the
RRB or OIRA must contain the OMB control number of the ICR. For proper
consideration of your comments, it is best if the RRB and OIRA receive
them within 30 days of the publication date.
1. Title and purpose of information collection: Supplemental
Information on Accident and Insurance; OMB 3220-0036.
Under Section 12(o) of the Railroad Unemployment Insurance Act
(RUIA), the Railroad Retirement Board (RRB) is entitled to
reimbursement of the sickness benefits paid to a railroad employee if
the employee receives a sum or damages for the same infirmity for which
the benefits are paid. Section 2(f) of the RUIA requires employers to
reimburse the RRB for days in which salary, wages, pay for time lost or
other remuneration is later determined to be payable. Reimbursements
under section 2(f) generally result from the award of pay for time lost
or the payment of guaranteed wages. The RUIA prescribes that the amount
of benefits paid be deducted and held by the employer in a special fund
for reimbursement to the RRB.
The RRB currently utilizes Forms SI-1c, Supplemental Information on
Accident and Insurance; SI-5, Report of Payments to Employee Claiming
Sickness Benefits Under the RUIA; ID-3s and ID-3s (Internet), Request
for Lien Information--Report of Settlement; ID-3s-1, Lien Information
Under Section 12(o) of the RUIA; ID-3u and ID-3u (Internet), Request
for Section 2(f) Information; ID-30k, Notice to Request Supplemental
Information on Injury or Illness; and ID-30k-1, Notice to Request
Supplemental Information on Injury or Illness; to obtain the necessary
information from claimants and railroad employers. Completion is
required to obtain benefits. One response is requested of each
respondent.
Previous Requests for Comments: The RRB has already published the
initial 60-day notice (82 FR 31108 on July 5, 2017) required by 44
U.S.C. 3506(c)(2). That request elicited no comments.
Information Collection Request (ICR)
Title: Supplemental Information on Accident and Insurance.
OMB Control Number: 3220-0036.
Form(s) submitted: SI-1c, SI-5, ID-3s, ID-3s (Internet), ID-3s.1,
ID3u, ID-3u (Internet), ID-30k, and ID-30k.1.
Type of request: Extension without change of a currently approved
collection.
Affected public: Individuals or Households.
Abstract: The Railroad Unemployment Insurance Act provides for the
recovery of sickness benefits paid if an employee receives a settlement
for the same injury for which benefits were paid. The collection
obtains information that is needed to determine the amount of the RRB's
reimbursement from the person or company responsible for such payments.
Changes proposed: The RRB proposes no changes to the forms in the
collection.
The burden estimate for the ICR is as follows:
----------------------------------------------------------------------------------------------------------------
Annual Time Burden
Form No. responses (minutes) (hours)
----------------------------------------------------------------------------------------------------------------
SI-1c........................................................... 475 5 40
SI-5............................................................ 7 5 1
ID-3s (Paper & Telephone)....................................... 4,000 3 200
ID-3s (Internet)................................................ 2,000 3 100
ID-3s-1 (Paper & Telephone)..................................... 3,000 3 150
ID-3u (Paper & Telephone)....................................... 400 3 20
ID-3u (Internet)................................................ 200 3 10
ID-30k.......................................................... 55 5 5
ID-30k.1........................................................ 65 5 5
-----------------------------------------------
Total....................................................... 10,202 .............. 531
----------------------------------------------------------------------------------------------------------------
2. Title and Purpose of information collection: Pension Plan
Reports; OMB 3220-0089. Under Section 2(b) of the Railroad Retirement
Act (RRA), the Railroad Retirement Board (RRB) pays supplemental
annuities to qualified RRB employee annuitants. A supplemental annuity,
which is computed according to Section 3(e) of the RRA, can be paid at
age 60 if the employee has at least 30 years of creditable railroad
service or at age 65 if the employee has 25-29 years of railroad
service. In addition to 25 years of service, a ``current connection''
with the railroad industry is required. Eligibility is further limited
to employees who had at least 1 month of rail service before October
1981 and were awarded regular annuities after June 1966. Further, if an
employee's 65th birthday was prior to September 2, 1981, he or she must
not have worked in rail service after certain closing dates (generally
the last day of the month following the month in which age 65 is
attained). Under Section 2(h)(2) of the RRA, the amount of the
supplemental annuity is reduced if the employee receives monthly
pension payments, or a lump-sum pension payment from a
[[Page 43053]]
private pension from a railroad employer, to the extent the payments
are based on contributions from that employer. The employee's own
contribution to their pension account does not cause a reduction. A
private railroad employer pension is defined in 20 CFR 216.42.
The RRB requires the following information from railroad employers
to calculate supplemental annuities: (a) The current status of railroad
employer pension plans and whether such plans cause reductions to the
supplemental annuity; (b) whether the employee receives monthly
payments from a private railroad employer pension, elected to receive a
lump sum in lieu of monthly pension payments from such a plan, or was
required to receive a lump sum from such a plan due to the plan's small
benefit provision; and (c) the amount of the payments attributable to
the railroad employer's contributions. The requirement that railroad
employers furnish pension information to the RRB is contained in 20 CFR
209.2.
The RRB currently utilizes Form G-88p and G-88p (Internet),
Employer's Supplemental Pension Report, and Form G-88r, Request for
Information About New or Revised Employer Pension Plan, to obtain the
necessary information from railroad employers. One response is
requested of each respondent. Completion is mandatory.
Previous Requests for Comments: The RRB has already published the
initial 60-day notice (82 FR 31108 on July 5, 2017) required by 44
U.S.C. 3506(c)(2). That request elicited no comments.
Information Collection Request (ICR)
Title: Pension Plan Reports.
OMB Control Number: 3220-0089.
Forms submitted: G-88p and G-88r.
Type of request: Revision of a currently approved collection of
information.
Affected public: Businesses or other for-profits.
Abstract: The Railroad Retirement Act provides for payment of a
supplemental annuity to a qualified railroad retirement annuitant. The
collection obtains information from the annuitant's employer to
determine (a) the existence of railroad employer pension plans and
whether such plans, if they exist, require a reduction to supplemental
annuities paid to the employer's former employees and (b) the amount of
supplemental annuities due railroad employees.
Changes proposed: The RRB proposes to revise Forms G-88p and G-88p
(Internet) to acquire more accurate employee pension information by
asking the employer whether the employee is currently eligible for a
pension and instructing the employer to indicate whether the employee
filed for the pension or instead elected to defer distribution from the
pension account in Items 11a and 11b (paper) and Items 10a and 10b
(Internet). The RRB also proposes to make other editorial changes. The
RRB proposes no changes to Form G-88r.
The burden estimate for the ICR is as follows:
----------------------------------------------------------------------------------------------------------------
Annual Time Burden
Form No. responses (minutes) (hours)
----------------------------------------------------------------------------------------------------------------
G-88p........................................................... 100 8 13
G-88p (Internet)................................................ 200 6 20
G-88r........................................................... 10 8 1
-----------------------------------------------
Total....................................................... 310 .............. 34
----------------------------------------------------------------------------------------------------------------
3. Title and Purpose of information collection: Statement Regarding
Contributions and Support; OMB 3220-0099.
Under Section 2 of the Railroad Retirement Act, dependency on an
employee for one-half support at the time of the employee's death can
affect (1) entitlement to a survivor annuity when the survivor is a
parent of the deceased employee; (2) the amount of spouse and survivor
annuities; and (3) the Tier II restored amount payable to a widow(er)
whose annuity was reduced for receipt of an employee annuity, and who
was dependent on the railroad employee in the year prior to the
employee's death. One-half support may also negate the public service
pension offset in Tier I for a spouse or widow(er). The Railroad
Retirement Board (RRB) utilizes Form G-134, Statement Regarding
Contributions and Support, to secure information needed to adequately
determine if the applicant meets the one-half support requirement. One
response is completed by each respondent. Completion is required to
obtain benefits.
Previous Requests for Comments: The RRB has already published the
initial 60-day notice (82 FR 31109 on July 5, 2017) required by 44
U.S.C. 3506(c)(2). That request elicited no comments.
Information Collection Request (ICR)
Title: Statement Regarding Contributions and Support.
OMB Control Number: 3220-0099.
Form(s) submitted: G-134.
Type of request: Extension without change of a currently approved
collection.
Affected public: Individuals or Households.
Abstract: Dependency on the employee for one-half support at the
time of the employee's death can be a condition affecting eligibility
for a survivor annuity provided for under Section 2 of the Railroad
Retirement Act. One-half support is also a condition which may negate
the public service pension offset in Tier I for a spouse or widow(er).
Changes proposed: The RRB proposes no changes to Form G-134.
The burden estimate for the ICR is as follows:
----------------------------------------------------------------------------------------------------------------
Annual Time Burden
Form No. responses (minutes) (hours)
----------------------------------------------------------------------------------------------------------------
G-134:
With Assistance............................................. 75 147 184
Without assistance.......................................... 25 180 75
-----------------------------------------------
Total................................................... 100 .............. 259
----------------------------------------------------------------------------------------------------------------
[[Page 43054]]
Additional Information or Comments: Copies of the forms and
supporting documents can be obtained from Dana Hickman at (312) 751-
4981 or Dana.Hickman@RRB.GOV.
Comments regarding the information collection should be addressed
to Brian Foster, Railroad Retirement Board, 844 North Rush Street,
Chicago, Illinois, 60611-1275 or Brian.Foster@rrb.gov and to the OMB
Desk Officer for the RRB, Fax: 202-395-6974, Email address:
OIRA_Submission@omb.eop.gov.
Brian D. Foster,
Clearance Officer.
[FR Doc. 2017-19442 Filed 9-12-17; 8:45 am]
BILLING CODE 7905-01-P
