Submission for OMB Review: Comment Request, 7073 [E6-1827]
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Federal Register / Vol. 71, No. 28 / Friday, February 10, 2006 / Notices
rmajette on PROD1PC67 with NOTICES1
Act of 1974 (ERISA) (29 U.S.C. 1104(c))
provides that, if an individual account
pension plan permits a participant or
beneficiary to exercise control over
assets in his or her account and the
participant or beneficiary in fact
exercises such control (as determined
under regulations of the Department of
Labor), the participant or beneficiary
shall not be deemed to be a fiduciary by
such exercise of control and no person
otherwise a fiduciary to the plan shall
be liable for any loss or breach that
results solely from this exercise of
control.
The Department of Labor’s regulation
under section 404(c), codified at 29 CFR
2550.404c–1, describes the
circumstances in which a participant or
beneficiary in an individual account
plan is considered to have exercised
control over the assets in his or her
individual account so as to relieve a
fiduciary to the plan of liability relating
to the exercise of control. The regulation
specifies the manner in which an
individual account pension plan must
operate in allowing participants or
beneficiaries to allocate individual
account assets among available
investment alternatives, such that
section 404(c) will limit the plan
fiduciary’s liability for the investment
decision. The regulation provides,
among other things, that participants
and beneficiaries must have adequate
information on which to base
investment decisions. The regulation
specifies the information that a plan
must make available before a participant
first makes investment decisions; when
that information changes, for example
when the available investment options
under the plan change; and also upon
the participant’s and beneficiary’s
request. These information collection
provisions are necessary to ensure that
participants and beneficiaries are
adequately informed about investment
alternatives available under the plan,
their rights, and the consequences of
their investment decisions. Such
information is important in assisting
participants and beneficiaries in
understanding their investment risks
and achieving their retirement savings
goals.
Ira L. Mills,
Departmental Clearance Officer.
[FR Doc. E6–1826 Filed 2–9–06; 8:45 am]
BILLING CODE 4510–29–P
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DEPARTMENT OF LABOR
Office of the Secretary
Submission for OMB Review:
Comment Request
February 2, 2005.
The Department of Labor (DOL) has
submitted the following public
information collection request (ICR) to
the Office of Management and Budget
(OMB) for review and approval in
accordance with the Paperwork
Reduction Act of 1995 (Pub. L. 104–13,
44 U.S.C. chapter 35). A copy of this
ICR, with applicable supporting
documentation, may be obtained by
contacting Darrin King on 202–693–
4129 (this is not a toll-free number) or
e-mail: king.darrin@dol.gov.
Comments should be sent to Office of
Information and Regulatory Affairs,
Attn: OMB Desk Officer for the
Employment Standards Administration
(ESA), Office of Management and
Budget, Room 10235, Washington, DC
20503, 202–395–7316 (this is not a tollfree number), within 30 days from the
date of this publication in the Federal
Register.
The OMB is particularly interested in
comments which:
• Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
• Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
• Enhance the quality, utility, and
clarity of the information to be
collected; and
• Minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology,
e.g., permitting electronic submission of
responses.
Agency: Employment Standards
Administration.
Type of Review: Extension of
currently approved collection.
Title: The Remedial Education
Provisions of the Fair Labor Standards
Act.
OMB Number: 1215–0175.
Frequency: Weekly .
Type of Response: Recordkeeping .
Affected Public: Business or other forprofit; Not-for-profit institutions; and
State, Local, or Tribal Government .
PO 00000
Frm 00072
Fmt 4703
Sfmt 4703
7073
Number of Respondents: 15,000.
Number of Annual Responses: 30,000.
Estimated Average Response Time: 10
minutes.
Total Annual Burden Hours: 5,000.
Total Annualized capital/startup
costs: $0.
Total Annual Costs (operating/
maintaining systems or purchasing
services): $0.
Description: These recordkeeping
requirements of 29 CFR 516.34 are for
employers utilizing the partial overtime
exemption for remedial education are
necessary to ensure employees are paid
in compliance with the remedial
education provisions of the Fair Labor
Standards Act, 29 U.S.C. 201 et seq.
Ira L. Mills,
Departmental Clearance Officer.
[FR Doc. E6–1827 Filed 2–9–06; 8:45 am]
BILLING CODE 4510–27–P
DEPARTMENT OF LABOR
Employment and Training
Administration
Investigations Regarding Certifications
of Eligibility To Apply for Worker
Adjustment Assistance
Petitions have been filed with the
Secretary of Labor under Section 221 (a)
of the Trade Act of 1974 (‘‘the Act’’) and
are identified in the Appendix to this
notice. Upon receipt of these petitions,
the Director of the Division of Trade
Adjustment Assistance, Employment
and Training Administration, has
instituted investigations pursuant to
Section 221(a) of the Act.
The purpose of each of the
investigations is to determine whether
the workers are eligible to apply for
adjustment assistance under Title II,
Chapter 2, of the Act. The investigations
will further relate, as appropriate, to the
determination of the date on which total
or partial separations began or
threatened to begin and the subdivision
of the firm involved.
The petitioners or any other persons
showing a substantial interest in the
subject matter of the investigations may
request a public hearing, provided such
request is filed in writing with the
Director, Division of Trade Adjustment
Assistance, at the address shown below,
not later than February 21, 2006.
Interested persons are invited to
submit written comments regarding the
subject matter of the investigations to
the Director, Division of Trade
Adjustment Assistance, at the address
shown below, not later than February
21, 2006.
E:\FR\FM\10FEN1.SGM
10FEN1
]]>Agencies
[Federal Register Volume 71, Number 28 (Friday, February 10, 2006)]
[Notices]
[Page 7073]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-1827]
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DEPARTMENT OF LABOR
Office of the Secretary
Submission for OMB Review: Comment Request
February 2, 2005.
The Department of Labor (DOL) has submitted the following public
information collection request (ICR) to the Office of Management and
Budget (OMB) for review and approval in accordance with the Paperwork
Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. chapter 35). A copy of
this ICR, with applicable supporting documentation, may be obtained by
contacting Darrin King on 202-693-4129 (this is not a toll-free number)
or e-mail: king.darrin@dol.gov.
Comments should be sent to Office of Information and Regulatory
Affairs, Attn: OMB Desk Officer for the Employment Standards
Administration (ESA), Office of Management and Budget, Room 10235,
Washington, DC 20503, 202-395-7316 (this is not a toll-free number),
within 30 days from the date of this publication in the Federal
Register.
The OMB is particularly interested in comments which:
Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility;
Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used;
Enhance the quality, utility, and clarity of the
information to be collected; and
Minimize the burden of the collection of information on
those who are to respond, including through the use of appropriate
automated, electronic, mechanical, or other technological collection
techniques or other forms of information technology, e.g., permitting
electronic submission of responses.
Agency: Employment Standards Administration.
Type of Review: Extension of currently approved collection.
Title: The Remedial Education Provisions of the Fair Labor
Standards Act.
OMB Number: 1215-0175.
Frequency: Weekly .
Type of Response: Recordkeeping .
Affected Public: Business or other for-profit; Not-for-profit
institutions; and State, Local, or Tribal Government .
Number of Respondents: 15,000.
Number of Annual Responses: 30,000.
Estimated Average Response Time: 10 minutes.
Total Annual Burden Hours: 5,000.
Total Annualized capital/startup costs: $0.
Total Annual Costs (operating/maintaining systems or purchasing
services): $0.
Description: These recordkeeping requirements of 29 CFR 516.34 are
for employers utilizing the partial overtime exemption for remedial
education are necessary to ensure employees are paid in compliance with
the remedial education provisions of the Fair Labor Standards Act, 29
U.S.C. 201 et seq.
Ira L. Mills,
Departmental Clearance Officer.
[FR Doc. E6-1827 Filed 2-9-06; 8:45 am]
BILLING CODE 4510-27-P
