Submission of Information Collections for OMB Review; Comment Request; Locating and Paying Participants, 35310-35311 [05-11959]

Download as PDF 35310 Federal Register / Vol. 70, No. 116 / Friday, June 17, 2005 / Notices NUCLEAR REGULATORY COMMISSION PENSION BENEFIT GUARANTY CORPORATION Advisory Committee on Reactor Safeguards Subcommittee Meeting on Planning and Procedures; Notice of Meeting Submission of Information Collections for OMB Review; Comment Request; Locating and Paying Participants The ACRS Subcommittee on Planning and Procedures will hold a meeting on July 5, 2005, Room T–2B1, 11545 Rockville Pike, Rockville, Maryland. The entire meeting will be open to public attendance, with the exception of a portion that may be closed pursuant to 5 U.S.C. 552b(c)(2) and (6) to discuss organizational and personnel matters that relate solely to the internal personnel rules and practices of the ACRS, and information the release of which would constitute a clearly unwarranted invasion of personal privacy. The agenda for the subject meeting shall be as follows: Tuesday, July 5, 2005, 3 p.m.–4:30 p.m. The Subcommittee will discuss proposed ACRS activities and related matters. The Subcommittee will gather information, analyze relevant issues and facts, and formulate proposed positions and actions, as appropriate, for deliberation by the full Committee. Members of the public desiring to provide oral statements and/or written comments should notify the Designated Federal Official, Mr. Sam Duraiswamy (telephone: (301) 415–7364) between 7:30 a.m. and 4:15 p.m. (ET) five days prior to the meeting, if possible, so that appropriate arrangements can be made. Electronic recordings will be permitted only during those portions of the meeting that are open to the public. Further information regarding this meeting can be obtained by contacting the Designated Federal Official between 7:30 a.m. and 4:15 p.m. (ET). Persons planning to attend this meeting are urged to contact the above named individual at least two working days prior to the meeting to be advised of any potential changes in the agenda. Dated: June 13, 2005. Michael R. Snodderly, Acting Chief, ACRS/ACNW. [FR Doc. E5–3133 Filed 6–16–05; 8:45 am] BILLING CODE 7590–01–P VerDate jul<14>2003 17:59 Jun 16, 2005 Jkt 205001 Pension Benefit Guaranty Corporation. ACTION: Notice of request for OMB approval of revision of collection of information. AGENCY: SUMMARY: The Pension Benefit Guaranty Corporation (‘‘PBGC’’) is requesting that the Office of Management and Budget (‘‘OMB’’) approve a revision of a collection of information under the Paperwork Reduction Act. The purpose of the information collection is to enable the PBGC to pay benefits to participants and beneficiaries in plans covered by the PBGC insurance program. The PBGC created an electronic facility, My Pension Benefit Account (‘‘MyPBA’’), on its Web site at https://www.pbgc.gov, through which plan participants can conduct electronic transactions with the PBGC. The PBGC is adding additional transactions to MyPBA: applying for benefits, designating a beneficiary, providing payee and general information, and requesting an estimate. This notice informs the public of the PBGC’s request to OMB for approval of this revision and solicits public comment on the collection of information. Comments should be submitted by July 18, 2005. ADDRESSES: Comments should be mailed to the Office of Information and Regulatory Affairs of the Office of Management and Budget, Attention: Desk Officer for Pension Benefit Guaranty Corporation, 725 17th Street, NW., Washington, DC 20503. Copies of the request for approval (including the collection of information) may be obtained without charge by writing to or visiting the PBGC’s Communications and Public Affairs Department, suite 240, 1200 K Street, NW., Washington, DC 20005–4026, or calling 202–326– 4040. (TTY and TDD users may call 800–877–8339 and request connection to 202–326–4040). FOR FURTHER INFORMATION CONTACT: Catherine B. Klion, Attorney, Legislative & Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K Street, NW., Washington, DC 20005– 4026, 202–326–4024. (TTY and TDD users may call the Federal relay service toll-free at 1–800–877–8339 and ask to be connected to 202–326–4024.) SUPPLEMENTARY INFORMATION: The PBGC is requesting that OMB extend its DATES: PO 00000 Frm 00090 Fmt 4703 Sfmt 4703 approval (with modifications) of a collection of information needed to pay participants and beneficiaries who may be entitled to pension benefits under a defined benefit plan that has terminated. The collection consists of information participants and beneficiaries are asked to provide in connection with an application for benefits. In addition, in some instances, as part of a search for participants and beneficiaries who may be entitled to benefits, the PBGC requests individuals to provide identifying information that the individual would provide as part of an initial contact with the PBGC. As part of its ongoing implementation of the Government Paperwork Elimination Act, the PBGC created an application, MyPBA, on its Web site at https://www.pbgc.gov. The goal of MyPBA is to enable plan participants and beneficiaries to conduct electronic transactions with the PBGC. In August 2003, the PBGC made MyPBA available for two transactions—changing contact information and applying for electronic direct deposit—for participants in pay status in a limited number of plans. The PBGC subsequently made MyPBA available for participants in pay status in all trusteed plans. In August 2004, the PBGC added an additional transaction to MyPBA (electing to withhold income tax from periodic payments), made MyPBA available for deferred vested participants to change their contact information, and enhanced certain MyPBA screens to make them easier for participants to use. The PBGC intends to add additional transactions to MyPBA, including applying for benefits, designating a beneficiary, providing payee and general information, and requesting an estimate. All requested information is needed to enable the PBGC to determine benefit entitlements and to make appropriate payments or to provide respondents with specific information about their pension plan and enable them to obtain a rough estimate of their benefit. The existing collection of information was approved under control number 1212–0055 (expires April 30, 2006). The PBGC is requesting that OMB approve this revision of the collection of information through the current expiration date. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number. The PBGC estimates that 220,100 benefit application or information forms will be filed annually by individuals entitled to benefits from the PBGC and that the associated burden is 116,975 hours (an average of about one-half hour E:\FR\FM\17JNN1.SGM 17JNN1 Federal Register / Vol. 70, No. 116 / Friday, June 17, 2005 / Notices 35311 Regulatory Affairs, Office of Management and Budget, Room 10102, New Executive Office Building, Washington, DC, 20503 or by sending an e-mail to: David_Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief Information Officer. Comments must be submitted to OMB within 30 days of this notice. Dated: June 7, 2005. Margaret H. McFarland, Deputy Secretary. [FR Doc. E5–3097 Filed 6–16–05; 8:45 am] Dated: June 6, 2005. J. Lynn Taylor, Assistant Secretary. [FR Doc. E5–3102 Filed 6–16–05; 8:45 am] BILLING CODE 8010–01–P BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION SECURITIES AND EXCHANGE COMMISSION Submission for OMB Review; Comment Request Upon written request, copies available from: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549. Issued in Washington, DC, this 13th day of June, 2005. Richard W. Hartt, Assistant Executive Director and Chief Technology Officer, Pension Benefit Guaranty Corporation. [FR Doc. 05–11959 Filed 6–16–05; 8:45 am] an e-mail to David_Rostker@omb.eop.gov; and (ii) R. Corey Booth, Director/Chief Information Officer, Office of Information Technology, Securities and Exchange Commission, 450 Fifth Street, NW. Washington, DC 20549. Comments must be submitted to OMB within 30 days of this notice. Submission for OMB Review; Comment Request per response) and $77,365. The PBGC further estimates that 5,500 individuals annually will provide the PBGC with identifying information as part of an initial contact and that the associated burden is 1,500 hours (an average of about one-quarter hour per response) and $1,110. Thus, the total estimated annual burden associated with this collection of information is 118,475 hours and $78,475. Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549. Extension: Rule 102, SEC File No. 270–409, OMB Control No. 3235–0467. Extension: Rule 27d–1 and Form N–27D–1; SEC File No. 270–499; OMB Control No. 3235– 0560; Rule 27d–2; SEC File No. 270–500; OMB Control No. 3235–0566. BILLING CODE 7708–01–P SECURITIES AND EXCHANGE COMMISSION Submission for OMB Review; Comment Request Upon written request, copies available from: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549. Extension: Rule 103, SEC File No. 270–410, OMB Control No. 3235–0466. Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange Commission (‘‘Commission’’) has submitted to the Office of Management and Budget a request for extension of the previously approved collection of information discussed below. Rule 103 permits passive marketmaking in Nasdaq securities during a distribution. A distribution participant that seeks use of this exception would be required to disclose to third parties its intention to engage in passive market making. The Commission estimates that 171 respondents collect information under Rule 103 and that approximately 171 hours in the aggregate are required annually for these collections. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid control number. Written comments regarding the above information should be directed to the following persons: (i) Desk Officer for the Securities and Exchange Commission, Office of Information and Regulatory Affairs, Office of Management and Budget, Room 10102, New Executive Office Building, Washington, DC, 20503, or by sending VerDate jul<14>2003 17:59 Jun 16, 2005 Jkt 205001 Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange Commission (‘‘Commission’’) has submitted to the Office of Management and Budget a request for extension of the previously approved collection of information discussed below. Rule 102 prohibits distribution participants, issuers, and selling security holders from purchasing activities at specified times during a distribution of securities. Persons otherwise covered by these rules may seek to use several applicable exceptions such as a calculation of the average daily trading volume of the securities in distribution, the maintenance of policies regarding information barriers between their affiliates, and the maintenance a written policy regarding general compliance with Regulation M for de minimus transactions. The Commission estimates that 669 respondents collect information under Rule 102 and that approximately 1,569 hours in the aggregate are required annually for these collections. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid control number. Written comments regarding the above information should be directed to the following persons: (i) Desk Officer for the Securities and Exchange Commission, Office of Information and PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 350l et seq.), the Securities and Exchange Commission (the ‘‘Commission’’) has submitted to the Office of Management and Budget (‘‘OMB’’) a request for approval of the collections of information under the Investment Company Act of 1940 (‘‘Act’’) summarized below. Rule 27d–1 [17 CFR 270.27d–1] is entitled ‘‘Reserve Requirements for Principal Underwriters and Depositors to Carry Out the Obligations to Refund Charges Required by Section 27(d) and Section 27(f) of the Act.’’ Form N–27D– 1 is entitled ‘‘Accounting of Segregated Trust Account.’’ Rule 27d–2 [17 CFR 270.27d–2] is entitled ‘‘Insurance Company Undertaking in Lieu of Segregated Trust Account.’’ Rule 27d–1 requires the depositor or principal underwriter for an issuer to deposit funds into a segregated trust account to provide assurance of its ability to fulfill its refund obligations under sections 27(d) and 27(f). The rule sets forth minimum reserve amounts and guidelines for the management and disbursement of the assets in the account. A single account may be used for the periodic payment plans of multiple investment companies. Rule 27d–1(j) directs depositors and principal underwriters to make an accounting of their segregated trust E:\FR\FM\17JNN1.SGM 17JNN1

Agencies

Pension Benefit Guaranty Corporation

[Federal Register Volume 70, Number 116 (Friday, June 17, 2005)]
[Notices]
[Pages 35310-35311]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-11959]


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PENSION BENEFIT GUARANTY CORPORATION


Submission of Information Collections for OMB Review; Comment 
Request; Locating and Paying Participants

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of request for OMB approval of revision of collection of 
information.

-----------------------------------------------------------------------

SUMMARY: The Pension Benefit Guaranty Corporation (``PBGC'') is 
requesting that the Office of Management and Budget (``OMB'') approve a 
revision of a collection of information under the Paperwork Reduction 
Act. The purpose of the information collection is to enable the PBGC to 
pay benefits to participants and beneficiaries in plans covered by the 
PBGC insurance program. The PBGC created an electronic facility, My 
Pension Benefit Account (``MyPBA''), on its Web site at https://
www.pbgc.gov, through which plan participants can conduct electronic 
transactions with the PBGC. The PBGC is adding additional transactions 
to MyPBA: applying for benefits, designating a beneficiary, providing 
payee and general information, and requesting an estimate. This notice 
informs the public of the PBGC's request to OMB for approval of this 
revision and solicits public comment on the collection of information.

DATES: Comments should be submitted by July 18, 2005.

ADDRESSES: Comments should be mailed to the Office of Information and 
Regulatory Affairs of the Office of Management and Budget, Attention: 
Desk Officer for Pension Benefit Guaranty Corporation, 725 17th Street, 
NW., Washington, DC 20503. Copies of the request for approval 
(including the collection of information) may be obtained without 
charge by writing to or visiting the PBGC's Communications and Public 
Affairs Department, suite 240, 1200 K Street, NW., Washington, DC 
20005-4026, or calling 202-326-4040. (TTY and TDD users may call 800-
877-8339 and request connection to 202-326-4040).

FOR FURTHER INFORMATION CONTACT: Catherine B. Klion, Attorney, 
Legislative & Regulatory Department, Pension Benefit Guaranty 
Corporation, 1200 K Street, NW., Washington, DC 20005-4026, 202-326-
4024. (TTY and TDD users may call the Federal relay service toll-free 
at 1-800-877-8339 and ask to be connected to 202-326-4024.)

SUPPLEMENTARY INFORMATION: The PBGC is requesting that OMB extend its 
approval (with modifications) of a collection of information needed to 
pay participants and beneficiaries who may be entitled to pension 
benefits under a defined benefit plan that has terminated. The 
collection consists of information participants and beneficiaries are 
asked to provide in connection with an application for benefits. In 
addition, in some instances, as part of a search for participants and 
beneficiaries who may be entitled to benefits, the PBGC requests 
individuals to provide identifying information that the individual 
would provide as part of an initial contact with the PBGC.
    As part of its ongoing implementation of the Government Paperwork 
Elimination Act, the PBGC created an application, MyPBA, on its Web 
site at https://www.pbgc.gov. The goal of MyPBA is to enable plan 
participants and beneficiaries to conduct electronic transactions with 
the PBGC. In August 2003, the PBGC made MyPBA available for two 
transactions--changing contact information and applying for electronic 
direct deposit--for participants in pay status in a limited number of 
plans. The PBGC subsequently made MyPBA available for participants in 
pay status in all trusteed plans. In August 2004, the PBGC added an 
additional transaction to MyPBA (electing to withhold income tax from 
periodic payments), made MyPBA available for deferred vested 
participants to change their contact information, and enhanced certain 
MyPBA screens to make them easier for participants to use. The PBGC 
intends to add additional transactions to MyPBA, including applying for 
benefits, designating a beneficiary, providing payee and general 
information, and requesting an estimate.
    All requested information is needed to enable the PBGC to determine 
benefit entitlements and to make appropriate payments or to provide 
respondents with specific information about their pension plan and 
enable them to obtain a rough estimate of their benefit.
    The existing collection of information was approved under control 
number 1212-0055 (expires April 30, 2006). The PBGC is requesting that 
OMB approve this revision of the collection of information through the 
current expiration date. An agency may not conduct or sponsor, and a 
person is not required to respond to, a collection of information 
unless it displays a currently valid OMB control number.
    The PBGC estimates that 220,100 benefit application or information 
forms will be filed annually by individuals entitled to benefits from 
the PBGC and that the associated burden is 116,975 hours (an average of 
about one-half hour

[[Page 35311]]

per response) and $77,365. The PBGC further estimates that 5,500 
individuals annually will provide the PBGC with identifying information 
as part of an initial contact and that the associated burden is 1,500 
hours (an average of about one-quarter hour per response) and $1,110. 
Thus, the total estimated annual burden associated with this collection 
of information is 118,475 hours and $78,475.

    Issued in Washington, DC, this 13th day of June, 2005.
Richard W. Hartt,
Assistant Executive Director and Chief Technology Officer, Pension 
Benefit Guaranty Corporation.
[FR Doc. 05-11959 Filed 6-16-05; 8:45 am]
BILLING CODE 7708-01-P

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