Agency Information Collection Activities: Submission of Information Collection for OMB Review-Termination of Single Employer Plans; Missing Participants; PBGC Forms 500-501, 600-602, 46109-46110 [E7-16102]

Download as PDF Federal Register / Vol. 72, No. 158 / Thursday, August 16, 2007 / Notices For the Nuclear Regulatory Commission. Carl Schulten, Acting Chief, Technical Specifications Branch, Division of Inspection & Regional Support, Office of Nuclear Reactor Regulation. [FR Doc. E7–16138 Filed 8–15–07; 8:45 am] BILLING CODE 7590–01–P PENSION BENEFIT GUARANTY CORPORATION Submission of Information Collection for OMB Review; Comment Request; Filings for Reconsiderations Pension Benefit Guaranty Corporation. ACTION: Notice of request for OMB approval. AGENCY: SUMMARY: Pension Benefit Guaranty Corporation (PBGC) is requesting that the Office of Management and Budget (OMB) approve, under the Paperwork Reduction Act, a collection of information under its regulation on Rules for Administrative Review of Agency Decisions. This notice informs the public of PBGC’s request and solicits public comment on the collection of information. Comments should be submitted by September 17, 2007. ADDRESSES: Comments should be sent to the Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Pension Benefit Guaranty Corporation, via electronic mail at OIRA_DOCKET@omb.eop.gov or by fax to (202) 395–6974. Copies of the collection of information may also be obtained without charge by writing to the Disclosure Division of the Office of the General Counsel of PBGC at the above address or by visiting the Disclosure Division or calling 202–326– 4040 during normal business hours. (TTY and TDD users may call the Federal relay service toll-free at 1–800– 877–8339 and ask to be connected to 202–326–4040.) PBGC’s regulation on Rules for Administrative Review of Agency Decisions may be accessed on PBGC’s Web site at https:// www.pbgc.gov. DATES: rwilkins on PROD1PC63 with NOTICES FOR FURTHER INFORMATION CONTACT: Donald F. McCabe, Attorney, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K Street, NW., Washington, DC 20005– 4026, 202–326–4024. (For TTY/TDD users, call the Federal relay service tollfree at 1–800–877–8339 and ask to be connected to 202–326–4024.) VerDate Aug<31>2005 17:27 Aug 15, 2007 Jkt 211001 PBGC’s regulation on Rules for Administrative Review of Agency Decisions (29 CFR part 4003) prescribes rules governing the issuance of initial determinations by PBGC and the procedures for requesting and obtaining reconsideration of initial determinations through reconsideration or appeal. Subpart A of the regulation specifies which initial determinations are subject to reconsideration. Subpart C prescribes rules on who may request reconsideration, when to make such a request, where to submit it, form and content of reconsideration requests, and other matters relating to reconsiderations. Any person aggrieved by an initial determination of PBGC under 4003.1(b)(1) (determinations that a plan is covered by section 4021 of ERISA), 4003.1(b)(2) (determinations concerning premiums, interest, and late payment penalties under section 4007 of ERISA), § 4003.1(b)(3) (determinations concerning voluntary terminations), or § 4003.1(b)(4) (determinations concerning allocation of assets under section 4044 of ERISA) may request reconsideration of the initial determination. Requests for reconsideration must be in writing, be clearly designated as requests for reconsideration, contain a statement of the grounds for reconsideration and the relief sought, and contain or reference all pertinent information. PBGC is requesting that OMB approve this collection of information for three years. 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. PBGC estimates that an average of 940 appellants per year will respond to this collection of information. PBGC further estimates that the average annual burden of this collection of information is 0.35 hours and $550 per person, with an average total annual burden of 329 hours and $519,350. SUPPLEMENTARY INFORMATION: Issued in Washington, DC, this 10th day of August, 2007. John H. Hanley, Director, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation. [FR Doc. E7–16101 Filed 8–15–07; 8:45 am] BILLING CODE 7709–01–P PO 00000 Frm 00078 Fmt 4703 Sfmt 4703 46109 PENSION BENEFIT GUARANTY CORPORATION Agency Information Collection Activities: Submission of Information Collection for OMB Review— Termination of Single Employer Plans; Missing Participants; PBGC Forms 500–501, 600–602 Pension Benefit Guaranty Corporation. ACTION: Notice of request for extension of OMB approval. AGENCY: SUMMARY: The Pension Benefit Guaranty Corporation (‘‘PBGC’’) is requesting that the Office of Management and Budget (‘‘OMB’’) extend approval, under the Paperwork Reduction Act, of a collection of information in its regulations on Termination of Single Employer Plans and Missing Participants, and implementing forms and instructions (OMB control number 1212–0036, expires September 30, 2007). This notice informs the public of PBGC’s request and solicits public comment on the collection of information. DATES: Comments should be submitted by September 17, 2007. ADDRESSES: Comments should be sent to the Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Pension Benefit Guaranty Corporation, via electronic mail at OIRA_DOCKET@omb.eop.gov or by fax to (202) 395–6974. Copies of the request for extension (including the collection of information) may be obtained without charge by writing to the Disclosure Division of the Office of the General Counsel of PBGC at the above address, visiting the Disclosure Division, faxing a request to 202–326–4042, or calling 202–326–4040 during normal business hours. (TTY and TDD users may call the Federal relay service toll-free at 1–800–877–8339 and ask to be connected to 202–326–4040.) The Disclosure Division will e-mail, fax, or mail the request to you, as you request. The regulations and forms and instructions relating to this collection of information may be accessed on PBGC’s Web site at https://www.pbgc.gov. FOR FURTHER INFORMATION CONTACT: Jo Amato Burns, Attorney, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K. Street, NW., Washington, DC 20005, 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 202–326–4223, ext. 3072.) SUPPLEMENTARY INFORMATION: Under section 4041 of the Employee E:\FR\FM\16AUN1.SGM 16AUN1 46110 Federal Register / Vol. 72, No. 158 / Thursday, August 16, 2007 / Notices rwilkins on PROD1PC63 with NOTICES Retirement Income Security Act of 1974, as amended (ERISA), a single-employer pension plan may terminate voluntarily only if it satisfies the requirements for either a standard or a distress termination. Pursuant to ERISA section 4041(b), for standard terminations, and section 4041(c), for distress terminations, and PBGC’s termination regulation (29 CFR part 4041), a plan administrator wishing to terminate a plan is required to submit specified information to PBGC in support of the proposed termination and to provide specified information regarding the proposed termination to third parties (participants, beneficiaries, alternate payees, and employee organizations). In the case of a plan with participants or beneficiaries who cannot be located when their benefits are to be distributed, the plan administrator is subject to the requirements of ERISA section 4050 and PBGC’s missing participants regulation (29 CFR part 4050). As noted above, these regulations may be accessed on PBGC’s Web site at https:// www.pbgc.gov. The collection of information under these regulations and the implementing forms and instructions has been approved by OMB under control number 1212–0036 (expires September 30, 2007). PBGC is requesting that OMB extend its approval for three years. 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. PBGC estimates that 1,259 plan administrators will be subject to the collection of information requirements in PBGC’s termination and missing participants regulations and implementing forms and instructions each year, and that the total annual burden of complying with these requirements is 2,081 hours and $2,766,679. Much of the work associated with terminating a plan is performed for purposes other than meeting these requirements. Issued in Washington, DC, this 10th day of August, 2007. John H. Hanley, Director, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation. [FR Doc. E7–16102 Filed 8–15–07; 8:45 am] BILLING CODE 7709–01–P VerDate Aug<31>2005 17:27 Aug 15, 2007 Jkt 211001 POSTAL REGULATORY COMMISSION [Docket No. MC2007–5; Order No. 25] Negotiated Service Agreement Postal Regulatory Commission. Notice and order. AGENCY: ACTION: SUMMARY: This document establishes a docket for consideration of the Postal Service’s request for approval of contract rates with Life Line Screening of America. It identifies key elements of the proposed agreement, which involves Standard Mail letter rates, and addresses preliminary procedural matters. DATES: 1. August 31, 2007: Deadline for filing notices of intervention. 2. September 7, 2007: Deadline for responses to proposal for limiting issues. 3. September 11, 2007: Prehearing conference, 10 a.m. ADDRESSES: Submit comments electronically via the Commission’s Filing Online system at https:// www.prc.gov. FOR FURTHER INFORMATION CONTACT: Stephen L. Sharfman, General Counsel, 202–789–6820 and stephen.sharfman@prc.gov. On August 8, 2007, the United States Postal Service filed a request seeking a recommended decision from the Postal Regulatory Commission approving a Negotiated Service Agreement (NSA) with Life Line Screening of America (Life Line Screening).1 The NSA is proffered as a new baseline agreement. The Request, which includes six attachments, was filed pursuant to chapter 36 of title 39, United States Code.2 The Postal Service has identified Life Line Screening, along with itself, as parties to the NSA. This identification serves as notice of intervention by Life Line Screening. It also indicates Life Line Screening shall be considered a coproponent, procedurally and substantively, of the Postal Service’s Request during the Commission’s SUPPLEMENTARY INFORMATION: 1 Request of the United States Postal Service for a Recommended Decision on Classifications and Rates to Implement a Baseline Negotiated Service Agreement with Life Line Screening, August 8, 2007 (Request). 2 Attachments A and B to the Request contain proposed changes to the Domestic Mail Classification Schedule and the associated rate schedules; Attachment C is a certification required by Commission rule 193(i) specifying that the cost statements and supporting data submitted by the Postal Service, which purport to reflect the books of the Postal Service, accurately set forth the results shown by such books; Attachment D is an index of testimony and exhibits; Attachment E is a compliance statement addressing satisfaction of various filing requirements; and Attachment F is a copy of the Negotiated Service Agreement. PO 00000 Frm 00079 Fmt 4703 Sfmt 4703 review of the NSA. Rule 191(b) [39 CFR 3001.191(b).] An appropriate Notice of Life Line Screening of Appearance and Filing of Testimony as Co-Proponent, August 8, 2007, also was filed. In support of the Request, the Postal Service has filed Direct Testimony of Michelle K. Yorgey on Behalf of the United States Postal Service, August 8, 2007 (USPS–T–1) and library reference USPS–LR–L–1, MC2004–3 Opinion and Further Recommended Decision Analysis for the Life Line Screening NSA. Life Line Screening has separately filed Direct Testimony of Eric Greenberg on Behalf of Life Line Screening, August 8, 2007 (LLS–T–1). The Postal Service has reviewed the Life Line Screening testimony and, in accordance with rule 192(b) [39 CFR 3001.192(b)], states that such testimony may be relied upon in presentation of the Postal Service’s direct case. USPS–T–1 at 1. The Postal Service has filed a proposal for limitation of issues in this docket.3 The Postal Service asserts that the Life Line Screening NSA and the Bookspan NSA contain similar elements. [70 FR 42602.] The Postal Service identifies issues that were previously decided in Bookspan and key issues that are unique to the instant Request. The Postal Service requests an order limiting the scope of discovery to key new issues. The Postal Service’s Request, accompanying testimonies of witnesses Yorgey (USPS–T–1), and Greenberg (LLS–T–1), and other related material are available for inspection at the Commission’s docket section during regular business hours. They can also be accessed electronically, via the Internet, on the Commission’s Web site (https:// www.prc.gov). I. Life Line Screening NSA The Postal Service proposes to enter into a new baseline three-year NSA with Life Line Screening. The agreement offers Life Line Screening declining block rates for Standard Mail letters. Life Line Screening will be able to use the Standard Mail letters for soliciting potential and existing customers for direct-to-consumer preventive health screenings. The Postal Service estimates it will benefit by $4.87 million over the life of the NSA. Request at 5. The purpose of the Life Line Screening NSA is to encourage Life Line Screening to increase its use of Standard Mail letters for selling health care screening services nationwide. Without such incentives, the Postal Service contends that Life Line Screening’s 3 United States Postal Service Proposal for Limitation of Issues, August 8, 2007. E:\FR\FM\16AUN1.SGM 16AUN1

Agencies

Pension Benefit Guaranty Corporation

[Federal Register Volume 72, Number 158 (Thursday, August 16, 2007)]
[Notices]
[Pages 46109-46110]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-16102]


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PENSION BENEFIT GUARANTY CORPORATION


Agency Information Collection Activities: Submission of 
Information Collection for OMB Review--Termination of Single Employer 
Plans; Missing Participants; PBGC Forms 500-501, 600-602

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of request for extension of OMB approval.

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

SUMMARY: The Pension Benefit Guaranty Corporation (``PBGC'') is 
requesting that the Office of Management and Budget (``OMB'') extend 
approval, under the Paperwork Reduction Act, of a collection of 
information in its regulations on Termination of Single Employer Plans 
and Missing Participants, and implementing forms and instructions (OMB 
control number 1212-0036, expires September 30, 2007). This notice 
informs the public of PBGC's request and solicits public comment on the 
collection of information.

DATES: Comments should be submitted by September 17, 2007.

ADDRESSES: Comments should be sent to the Office of Information and 
Regulatory Affairs, Office of Management and Budget, Attention: Desk 
Officer for Pension Benefit Guaranty Corporation, via electronic mail 
at OIRA--DOCKET@omb.eop.gov or by fax to (202) 395-6974.
    Copies of the request for extension (including the collection of 
information) may be obtained without charge by writing to the 
Disclosure Division of the Office of the General Counsel of PBGC at the 
above address, visiting the Disclosure Division, faxing a request to 
202-326-4042, or calling 202-326-4040 during normal business hours. 
(TTY and TDD users may call the Federal relay service toll-free at 1-
800-877-8339 and ask to be connected to 202-326-4040.) The Disclosure 
Division will e-mail, fax, or mail the request to you, as you request. 
The regulations and forms and instructions relating to this collection 
of information may be accessed on PBGC's Web site at https://
www.pbgc.gov.

FOR FURTHER INFORMATION CONTACT: Jo Amato Burns, Attorney, Legislative 
and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 
K. Street, NW., Washington, DC 20005, 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 202-326-4223, ext. 3072.)

SUPPLEMENTARY INFORMATION: Under section 4041 of the Employee

[[Page 46110]]

Retirement Income Security Act of 1974, as amended (ERISA), a single-
employer pension plan may terminate voluntarily only if it satisfies 
the requirements for either a standard or a distress termination. 
Pursuant to ERISA section 4041(b), for standard terminations, and 
section 4041(c), for distress terminations, and PBGC's termination 
regulation (29 CFR part 4041), a plan administrator wishing to 
terminate a plan is required to submit specified information to PBGC in 
support of the proposed termination and to provide specified 
information regarding the proposed termination to third parties 
(participants, beneficiaries, alternate payees, and employee 
organizations). In the case of a plan with participants or 
beneficiaries who cannot be located when their benefits are to be 
distributed, the plan administrator is subject to the requirements of 
ERISA section 4050 and PBGC's missing participants regulation (29 CFR 
part 4050). As noted above, these regulations may be accessed on PBGC's 
Web site at https://www.pbgc.gov.
    The collection of information under these regulations and the 
implementing forms and instructions has been approved by OMB under 
control number 1212-0036 (expires September 30, 2007). PBGC is 
requesting that OMB extend its approval for three years. 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.
    PBGC estimates that 1,259 plan administrators will be subject to 
the collection of information requirements in PBGC's termination and 
missing participants regulations and implementing forms and 
instructions each year, and that the total annual burden of complying 
with these requirements is 2,081 hours and $2,766,679. Much of the work 
associated with terminating a plan is performed for purposes other than 
meeting these requirements.

    Issued in Washington, DC, this 10th day of August, 2007.
John H. Hanley,
Director, Legislative and Regulatory Department, Pension Benefit 
Guaranty Corporation.
 [FR Doc. E7-16102 Filed 8-15-07; 8:45 am]
BILLING CODE 7709-01-P

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