Agency Forms Submitted for OMB Review, 1477-1478 [05-314]
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1477
Federal Register / Vol. 70, No. 5 / Friday, January 7, 2005 / Notices
Dated: January 4, 2005.
Susanne E. Bolton,
Committee Management Officer.
[FR Doc. 05–365 Filed 1–6–04; 8:45 am]
BILLING CODE 7555–01–M
RAILROAD RETIREMENT BOARD
Proposed Collection; Comment
Request
Summary: In accordance with the
requirement of Section 3506 (c)(2)(A) of
the Paperwork Reduction Act of 1995
which provides opportunity for public
comment on new or revised data
collections, the Railroad Retirement
Board (RRB) will publish periodic
summaries of proposed data collections.
Comments are invited on: (a) Whether
the proposed information collection is
necessary for the proper performance of
the functions of the agency, including
whether the information has practical
utility; (b) the accuracy of the RRB’s
estimate of the burden of the collection
of the information; (c) ways to enhance
the quality, utility, and clarity of the
information to be collected; and (d)
ways to minimize the burden related to
the collection of information on
respondents, including the use of
automated collection techniques or
other forms of information technology.
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 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 Form(s)
SI–1c, (Supplemental Information on
Accident and Insurance), SI–5 (Report
of Payments to Employee Claiming
Sickness Benefits Under the RUIA), ID–
3s (Request for Lien Information), ID–
3s–1, (Lien Information Under Section
12(o) of the RUIA), ID–3u (Request for
Section 2(f) Information), ID–30k (Form
Letter Asking Claimant for Additional
Information on Injury or Illness), and
ID–30k–1 (Request for Supplemental
Information on Injury or Illness-3rd
Party), to obtain the necessary
information from claimants and railroad
employers. The RRB proposes a minor
change to Form ID–3s to add an
‘‘information only’’, column.
Completion is required to obtain
benefits. One response is requested of
each respondent.
ESTIMATE OF ANNUAL RESPONDENT BURDEN
[The estimated annual respondent burden for this collection is as follows]
Annual responses
Form #(s)
Time
(min)
Burden
(hrs)
SI–1c ........................................................................................................................................................
SI–5 ..........................................................................................................................................................
ID–3s ........................................................................................................................................................
ID–3s.1 .....................................................................................................................................................
ID–3u .......................................................................................................................................................
ID–30k ......................................................................................................................................................
ID–30k.1 ...................................................................................................................................................
1,000
2,500
18,500
500
1,500
2,000
2,500
5
5
3
3
3
5
5
93
208
925
25
75
208
167
Total ..................................................................................................................................................
28,500
....................
1,691
Additional Information or Comments:
To request more information or to
obtain a copy of the information
collection justification, forms, and/or
supporting material, please call the RRB
Clearance Officer at (312) 751–3363 or
Charles.Mierzwa@RRB.gov. Comments
regarding the information collection
should be addressed to Ronald J.
Hodapp, Railroad Retirement Board, 844
N. Rush Street, Chicago, Illinois 60611–
2092 or Ronald.Hodapp@RRB.gov.
Written comments should be received
within 60 days of this notice.
Charles Mierzwa,
Clearance Officer.
[FR Doc. 05–313 Filed 1–6–05; 8:45 am]
BILLING CODE 7905–01–U
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20:44 Jan 06, 2005
Jkt 205001
RAILROAD RETIREMENT BOARD
Agency Forms Submitted for OMB
Review
Summary: In accordance with the
Paperwork Reduction Act of 1995 (44
U.S.C. Chapter 35), the Railroad
Retirement Board (RRB) has submitted
the following proposal(s) for the
collection of information to the Office of
Management and Budget for review and
approval.
Summary of Proposal(s):
(1) Collection title: Sick Pay and
Miscellaneous Payments Report.
(2) Form(s) submitted: BA–10.
(3) OMB Number: 3220–0175.
(4) Expiration date of current OMB
clearance: 02/28/2005.
(5) Type of request: Extension of a
currently approved collection.
(6) Respondents: Business or other
for-profit.
(7) Estimated annual number of
respondents: 239.
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(8) Total annual responses: 239.
(9) Total annual reporting hours: 219.
(10) Collection description: The
Railroad Retirement Solvency Act of
1983 added Section 1(h)(8) to the
Railroad Retirement Act expanding the
definition of compensation for purposes
of computing the Tier I portion of an
annuity to include sickness payments
and certain payments other than sick
pay which are considered compensation
within the meaning of Section 1(h)(8).
The collection obtains the sick pay and
other types of payments considered
compensation within the meaning of
Section 1(h)(8).
Additional Information or Comments:
Copies of the forms and supporting
documents can be obtained from
Charles Mierzwa, the agency clearance
officer (312–751–3363) or
Charles.Mierzwa@rrb.gov.
Comments regarding the information
collection should be addressed to
Ronald J. Hodapp, Railroad Retirement
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07JAN1
1478
Federal Register / Vol. 70, No. 5 / Friday, January 7, 2005 / Notices
Board, 844 North Rush Street, Chicago,
Illinois, 60611–2092 or
Ronald.Hodapp@rrb.gov and to the
OMB Desk Officer for the RRB, at the
Office of Management and Budget,
Room 10230, New Executive Office
Building, Washington, DC 20503.
Charles Mierzwa,
Clearance Officer.
[FR Doc. 05–314 Filed 1–6–05; 8:45 am]
BILLING CODE 7905–01–U
SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–26716; File No. 812–13109]
Principal Life Insurance Company, et
al.; Notice of Application
January 3, 2005.
Securities and Exchange
Commission (‘‘SEC’’ or ‘‘Commission’’).
ACTION: Notice of application for an
order under Section 6(c) of the
Investment Company Act of 1940, as
amended (the ‘‘Act’’) granting
exemptions from the provisions of
Sections 2(a)(32), 22(c) and 27(i)(2)(A)
of the Act and Rule 22c–1 thereunder.
AGENCY:
Applicants: Principal Life Insurance
Company (‘‘Principal Life’’), Principal
Life Insurance Company Separate
Account B (the ‘‘Account’’), and Princor
Financial Services Corporation
(‘‘Princor’’) (collectively ‘‘Applicants’’).
SUMMARY: Applicants seek an order to
permit, under specified circumstances,
the recovery of certain credits
previously applied to purchase
payments made under: (i) Certain
deferred variable annuity contracts,
described herein, that Principal Life
issues through the Account (the
contracts, including certain data pages
and endorsements, are collectively
referred to as the ‘‘Contracts’’), and (ii)
contracts that Principal Life may issue
in the future through the Account, any
of its other existing separate accounts,
or any separate accounts that it may
establish in the future (collectively,
‘‘Future Accounts’’), which contracts are
substantially similar in all material
respects to the Contracts (the ‘‘Future
Contracts’’). Applicants also request that
the order being sought extend to any
other broker-dealer controlling,
controlled by, or under common control
with Principal Life, whether existing or
created in the future, that serves as a
distributor or principal underwriter of
the Contracts or any Future Contracts
offered through the Account or any
Future Accounts (collectively,
‘‘Affiliated Broker-Dealers’’).
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Jkt 205001
Filing Date: The application was
filed on July 16, 2004, and amended on
October 18, 2004.
Hearing or Notification of Hearing: An
order granting the application will be
issued unless the Commission orders a
hearing. Interested persons may request
a hearing by writing to the Secretary of
the Commission and serving Applicants
with a copy of the request, personally or
by mail. Hearing requests should be
received by the Commission by 5:30
p.m. on January 31, 2005, and should be
accompanied by proof of service on
Applicants in the form of an affidavit or,
for lawyers, a certificate of service.
Hearing requests should state the nature
of the requester’s interest, the reason for
the request, and the issues contested.
Persons who wish to be notified of a
hearing may request notification by
writing to the Secretary of the
Commission.
ADDRESSES: Secretary, SEC, 450 5th
Street, NW., Washington, DC 20549–
0609. Applicants, c/o Principal
Financial Group, 711 High Street, Des
Moines, Iowa 50392.
FOR FURTHER INFORMATION CONTACT:
Rebecca A. Marquigny, Senior Counsel,
or Zandra Y. Bailes, Branch Chief,
Office of Insurance Products, Division of
Investment Management, at (202) 942–
0670.
SUPPLEMENTARY INFORMATION: The
following is a summary of the
application. The complete application
may be obtained for a fee from the SEC’s
Public Reference Branch, 450 Fifth
Street, NW., Washington, DC 20549 (tel.
(202) 942–8090).
DATES:
Applicants’ Representations
1. Principal Life was organized under
the laws of Iowa in 1879. It is
authorized to transact life insurance and
annuity business in 50 states and the
District of Columbia. Principal Life is a
stock life insurance company and a
wholly owned subsidiary of Principal
Financial Group Inc.
2. The Account was established in
1970 by Principal Life as a separate
account under Iowa law and is
registered with the Commission as a
unit investment trust under the Act (File
No. 811–02091). The Account funds the
benefits available under the Contracts
and other variable annuity contracts
issued by Principal Life. The offering of
the Contracts by Principal Life is
registered under the Securities Act of
1933 (the ‘‘1933 Act’’) (File No. 333–
116220). That portion of the assets of
the Account that is equal to the reserves
and other contract liabilities with
respect to the Account is not chargeable
with liabilities arising out of any other
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business of Principal Life. Any income,
gains or losses, realized or unrealized,
from assets allocated to the Account are,
in accordance with the various
contracts, credited to or charged against
the Account without regard to other
income, gains or losses of Principal Life.
3. Princor is an Iowa corporation
controlled by Principal Financial Group,
Inc., and is the principal underwriter of
the Contracts. Princor is registered as a
broker-dealer under the Securities
Exchange Act of 1934, as amended, and
is a member of NASD, Inc. Sales of the
Contracts are made by registered
representatives of broker-dealers
authorized by Princor to sell the
Contracts. Such registered
representatives are also licensed
insurance agents of Principal Life.
4. The Contracts are flexible purchase
payment individual deferred
combination fixed and variable annuity
contracts. The Contracts may be issued
either as tax-qualified contracts
(‘‘qualified Contracts’’) or as non-taxqualified contracts (‘‘non-qualified
Contracts’’).
5. The minimum initial purchase
payment is $5,000 for non-qualified
Contracts and $2,000 for qualified
Contracts. The minimum subsequent
purchase payment is $500. Lesser
minimums may apply in the case of
certain retirement plans or payroll
deduction or automated investment
programs. Principal Life may limit total
Contract purchase payments to
$2,000,000.
6. At the time of issuance, a Contract
owner may elect to purchase the
Premium Payment Credit Rider (‘‘Credit
Rider’’). If the Credit Rider is elected,
Principal Life will add a 5% payment
enhancement or credit to the owner’s
Contract upon receipt of each purchase
payment from the Contract owner
during the first contract year (the
‘‘Credit’’). After the first contract year,
additional purchase payments will not
receive a Credit. Principal Life will fund
Credits from its general account assets
and will allocate Credits among
investment options (excluding certain
fixed benefit options used for dollar cost
averaging) in the same proportion as the
applicable purchase payment. Principal
Life will recover Credits (i) if the
Contract owner returns the Contract for
a refund during the ‘‘free look’’ period,
and (ii) if the Contract owner elects to
receive annuity payments prior to the
third contract anniversary. Principal
Life will not seek to recover any Credit
in connection with partial withdrawals
or surrenders of a Contract.
7. The free look period is the 10-day
period (or such longer period required
by a state) during which a Contract
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]]>Agencies
[Federal Register Volume 70, Number 5 (Friday, January 7, 2005)]
[Notices]
[Pages 1477-1478]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-314]
-----------------------------------------------------------------------
RAILROAD RETIREMENT BOARD
Agency Forms Submitted for OMB Review
Summary: In accordance with the Paperwork Reduction Act of 1995 (44
U.S.C. Chapter 35), the Railroad Retirement Board (RRB) has submitted
the following proposal(s) for the collection of information to the
Office of Management and Budget for review and approval.
Summary of Proposal(s):
(1) Collection title: Sick Pay and Miscellaneous Payments Report.
(2) Form(s) submitted: BA-10.
(3) OMB Number: 3220-0175.
(4) Expiration date of current OMB clearance: 02/28/2005.
(5) Type of request: Extension of a currently approved collection.
(6) Respondents: Business or other for-profit.
(7) Estimated annual number of respondents: 239.
(8) Total annual responses: 239.
(9) Total annual reporting hours: 219.
(10) Collection description: The Railroad Retirement Solvency Act
of 1983 added Section 1(h)(8) to the Railroad Retirement Act expanding
the definition of compensation for purposes of computing the Tier I
portion of an annuity to include sickness payments and certain payments
other than sick pay which are considered compensation within the
meaning of Section 1(h)(8). The collection obtains the sick pay and
other types of payments considered compensation within the meaning of
Section 1(h)(8).
Additional Information or Comments: Copies of the forms and
supporting documents can be obtained from Charles Mierzwa, the agency
clearance officer (312-751-3363) or Charles.Mierzwa@rrb.gov.
Comments regarding the information collection should be addressed
to Ronald J. Hodapp, Railroad Retirement
[[Page 1478]]
Board, 844 North Rush Street, Chicago, Illinois, 60611-2092 or
Ronald.Hodapp@rrb.gov and to the OMB Desk Officer for the RRB, at the
Office of Management and Budget, Room 10230, New Executive Office
Building, Washington, DC 20503.
Charles Mierzwa,
Clearance Officer.
[FR Doc. 05-314 Filed 1-6-05; 8:45 am]
BILLING CODE 7905-01-U
