Proposed Extension of Information Collection; Comment Request Disclosures by Insurers to General Account Policyholders, 70676-70677 [E8-27635]
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70676
Federal Register / Vol. 73, No. 226 / Friday, November 21, 2008 / Notices
This information collection is necessary
to determine the statutory eligibility of
individual aliens who have been
determined to be removable from the
United States for cancellation of their
removal, as well as to provide
information relevant to a favorable
exercise of discretion.
(5) An estimate of the total number of
respondents and the amount of time
estimated for an average respondent to
respond/reply: It is estimated that
11,000 respondents will complete the
form annually with an average of 5
hours, 50 minutes per response.
(6) An estimate of the total public
burden (in hours) associated with the
collection: There are an estimated
64,130 total annual burden hours
associated with this collection annually.
If additional information is required,
contact Lynn Bryant, Department
Clearance Officer, United States
Department of Justice, Justice
Management Division, Policy and
Planning Staff, Patrick Henry Building,
Suite 1600, 601 D Street, NW.,
Washington, DC 20530.
Dated: November 14, 2008.
Lynn Bryant,
Department Clearance Officer, PRA, United
States Department of Justice.
[FR Doc. E8–27644 Filed 11–20–08; 8:45 am]
BILLING CODE 4410–30–P
DEPARTMENT OF LABOR
Employee Benefits Security
Administration
Proposed Extension of Information
Collection; Comment Request
Disclosures by Insurers to General
Account Policyholders
dwashington3 on PRODPC61 with NOTICES
ACTION:
Notice.
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995 (PRA
95) (44 U.S.C. 3506(c)(2)(A)), the
Department of Labor (the Department)
conducts a preclearance consultation
program to provide the general public
and Federal agencies with an
opportunity to comment on proposed
and continuing collections of
information. This program helps to
ensure that the data the Department
gathers can be provided in the desired
format, that the reporting burden on the
public (time and financial resources) is
minimized, that the public understands
the Department’s collection
instruments, and that the Department
can accurately assess the impact of
collection requirements on respondents.
By this notice, the Department is
soliciting comments concerning the
VerDate Aug<31>2005
14:24 Nov 20, 2008
Jkt 217001
information collection provisions of the
regulation pertaining to section 401(c) of
the Employee Retirement Income
Security Act of 1974, as amended
(ERISA). The statute and the regulatory
provisions codified at 29 CFR
2550.401c–1 require insurers that issue
certain types of insurance policies to
employee benefit plans to make specific
one-time and annual disclosures to such
plans if assets of the plan are held in the
insurer’s general account. A copy of the
ICR may be obtained by contacting the
office listed in the ADDRESSES section of
this notice.
DATES: Written comments must be
submitted to the office shown in the
ADDRESSES section below on or before
January 20, 2009.
ADDRESSES: Interested parties are
invited to submit written comments
regarding the information collection
request and burden estimates to: G.
Christopher Cosby, Office of Policy and
Research, U.S. Department of Labor,
Employee Benefits Security
Administration, 200 Constitution
Avenue, NW., Room N–5718,
Washington, DC 20210. Telephone:
(202) 693–8410; Fax: (202) 219–4745.
These are not toll-free numbers.
Comments may also be submitted
electronically to the following Internet
e-mail address: ebsa.opr@dol.gov.
SUPPLEMENTARY INFORMATION:
I. Background
Section 1460 of the Small Business
Job Protection Act of 1996 (Pub. L. 104–
188) amended ERISA by adding Section
401(c), which clarified the extent to
which assets of an insurer’s general
account constitute assets of an employee
benefit plan when that insurer has
issued policies for the benefit of the
plan and such policies are supported by
assets of the general account. Section
401(c) established certain requirements
and disclosures for insurance
companies that offer and maintain
policies for employee benefit plans
where the plans’ assets are held in the
insurer’s general account. Section 401(c)
also required the Secretary to provide
guidance on the statutory requirements;
such guidance was issued as a final
rulemaking on January 5, 2000 (65 CFR
614). The regulation includes
information collection provisions
pertaining to one-time and annual
disclosure obligations of insurers. The
information collection provisions in the
final rulemaking were submitted for
review by the Office of Management and
Budget (OMB) in an information
collection request (ICR) in connection
with promulgation of the final
rulemaking and were approved by OMB
PO 00000
Frm 00065
Fmt 4703
Sfmt 4703
under OMB Control No. 1210–0114. The
ICR approval is scheduled to expire on
March 31, 2009.
II. Desired Focus of Comments
The Department is particularly
interested in comments that:
• Evaluate whether the collections of
information are necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
• Enhance the quality, utility, and
clarity of the information to be
collected; and
• Evaluate the accuracy of the
agency’s estimate of the burden of the
collections of information, including the
validity of the methodology and
assumptions used;
• 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.
III. Current Action
The Employee Benefits Security
Administration (EBSA) is requesting an
extension of the currently approved ICR
for the Disclosures by Insurers to
General Account Policyholders. EBSA is
not proposing or implementing changes
to the regulation or to the existing ICR.
A summary of the ICR and the current
burden estimates follows:
Type of Review: Extension of a
currently approved collection of
information.
Agency: Employee Benefits Security
Administration, Department of Labor.
Title: Disclosures by Insurers to
General Account Policyholders.
OMB Number: 1210–0114.
Affected Public: Individuals or
households; Business or other for-profit;
Not-for-profit institutions.
Respondents: 104.
Frequency of Response: One-time;
Annual.
Responses: 123,500.
Estimated Total Burden Hours:
466,667.
Estimated Total Burden Cost
(Operating and Maintenance): 46,000.
Comments submitted in response to
this notice will be summarized and/or
included in the request for OMB
approval of the information collection
request. They will also become a matter
of public record.
E:\FR\FM\21NON1.SGM
21NON1
Federal Register / Vol. 73, No. 226 / Friday, November 21, 2008 / Notices
Dated: November 12, 2008.
Joseph S. Piacentini,
Director, Office of Policy and Research,
Employee Benefits Security Administration.
[FR Doc. E8–27635 Filed 11–20–08; 8:45 am]
70677
numbers. Comments may also be
submitted electronically to the
following Internet e-mail address:
ebsa.opr@dol.gov.
technological collection techniques or
other forms of information technology,
e.g., by permitting electronic submission
of responses.
SUPPLEMENTARY INFORMATION:
III. Current Action
I. Background
This notice requests comments on an
extension of the information collections
in ERISA Technical Release 91–1. EBSA
is not proposing or implementing
changes to the existing ICR at this time.
A summary of the ICR and the current
burden estimates follows:
Type of Review: Extension of a
currently approved collection of
information.
Agency: Employee Benefits Security
Administration, Department of Labor.
Titles: ERISA Technical Release 91–1.
OMB Number: 1210–0084.
Affected Public: Individuals or
households; Business or other for-profit;
Not-for-profit institutions.
Respondents: 21.
Frequency of Response: One time.
Responses: 135,450.
Estimated Total Burden Hours: 3,386.
Estimated Total Burden Cost
(Operating and Maintenance): $26,413.
Comments submitted in response to
this notice will be summarized and/or
included in the request for OMB
approval of the information collection
request and will also become a matter of
public record.
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Employee Benefits Security
Administration
Proposed Extension of Information
Collection; Comment Request; ERISA
Technical Release 91–1
dwashington3 on PRODPC61 with NOTICES
ACTION:
Notice.
SUMMARY: The Department of Labor (the
Department), as part of its continuing
effort to reduce paperwork and
respondent burden, conducts a
preclearance consultation program to
provide the general public and Federal
agencies with an opportunity to
comment on proposed and continuing
collections of information in accordance
with the Paperwork Reduction Act of
1995 (PRA 95) (44 U.S.C. 3506(c)(2)(A)).
This program helps to ensure that the
data the Department gathers can be
provided in the desired format, that the
reporting burden on the public (time
and financial resources) is minimized,
that the public understands the
Department’s collection instruments,
and that the Department can accurately
assess the impact of collection
requirements on respondents.
Currently, the Employee Benefits
Security Administration (EBSA) is
soliciting comments concerning an
extension of the information collections
in ERISA Technical Release 91–1,
issued in 1991. Technical Release 91–1
provides guidance on permitted
transfers of excess assets from a defined
benefit pension plan to a retiree health
benefits account under provisions of the
Internal Revenue Code (the Code) and
the Employee Retirement Income
Security Act of 1974 (ERISA). A copy of
the information collection request (ICR)
may be obtained by contacting the office
listed in the ADDRESSES section of this
notice.
DATES: Written comments must be
submitted on or before January 20, 2009.
ADDRESSES: Direct all written comments
regarding the information collection
request and burden estimates to G.
Christopher Cosby, Office of Policy and
Research, Employee Benefits Security
Administration, U.S. Department of
Labor, 200 Constitution Avenue, NW.,
Room N–5718, Washington, DC 20210.
Telephone: (202) 693–8410; Fax: (202)
693 219–5333. These are not toll-free
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14:24 Nov 20, 2008
Jkt 217001
ERISA section 101(e) sets forth certain
notice requirements that must be
satisfied before an employer may
transfer excess assets from a defined
benefit plan to a retiree health benefits
account, as otherwise permissible after
satisfying the conditions set forth in
section 420 of the Code. Section
101(e)(1) establishes the plan
administrator’s obligation to provide
advance written notification of such
transfers to participants and
beneficiaries. Section 101(e)(2)(A)
separately establishes the employer’s
obligation to provide advance written
notification of such transfers to the
Secretaries of Labor and Treasury, the
plan administrator, and each employee
organization representing participants
in the plan. The requirements relating to
advance notification of transfers to
retiree health benefit accounts were
added to ERISA as part of the Omnibus
Budget Reconciliation Act of 1990 (Pub.
L. 101–508). ERISA Technical Release
91–1 provides guidance on the type of
information to be provided in the
notices to both the participants and
beneficiaries and to the Secretaries.
EBSA submitted the information
collection provisions in the Technical
Release to the Office of Management
and Budget (OMB) for review in
connection with issuance of the
Technical Release. OMB approved the
ICR under OMB Control No. 1210–0084.
The ICR approval is scheduled to expire
on March 31, 2009.
II. Desired Focus of Comments
The Department is particularly
interested in comments that:
• 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;
• Enhance the quality, utility, and
clarity of the information to be
collected; and
• Evaluate the accuracy of the
agency’s estimate of the burden of the
collection of information, including the
validity of the methodology and
assumptions used;
• 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
PO 00000
Frm 00066
Fmt 4703
Sfmt 4703
Dated: November 12, 2008.
Joseph S. Piacentini,
Director, Office of Policy and Research,
Employee Benefits Security Administration.
[FR Doc. E8–27636 Filed 11–20–08; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Employee Benefits Security
Administration
Proposed Extension of Information
Collection Request; Submitted for
Public Comment; Multiemployer Plan
Annual Funding Notice
ACTION:
Notice.
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995 (PRA
95) (44 U.S.C. 3506(c)(2)(A)), the
Department of Labor (the Department)
conducts a preclearance consultation
program so that the general public and
other federal agencies can comment on
proposed and continuing collections of
information. This program helps to
ensure that the data the Department
gathers arrive in the desired format, that
the reporting burden on the public (time
and financial resources) is minimized,
that the public understands the
E:\FR\FM\21NON1.SGM
21NON1
]]>Agencies
[Federal Register Volume 73, Number 226 (Friday, November 21, 2008)]
[Notices]
[Pages 70676-70677]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-27635]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Employee Benefits Security Administration
Proposed Extension of Information Collection; Comment Request
Disclosures by Insurers to General Account Policyholders
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA
95) (44 U.S.C. 3506(c)(2)(A)), the Department of Labor (the Department)
conducts a preclearance consultation program to provide the general
public and Federal agencies with an opportunity to comment on proposed
and continuing collections of information. This program helps to ensure
that the data the Department gathers can be provided in the desired
format, that the reporting burden on the public (time and financial
resources) is minimized, that the public understands the Department's
collection instruments, and that the Department can accurately assess
the impact of collection requirements on respondents.
By this notice, the Department is soliciting comments concerning
the information collection provisions of the regulation pertaining to
section 401(c) of the Employee Retirement Income Security Act of 1974,
as amended (ERISA). The statute and the regulatory provisions codified
at 29 CFR 2550.401c-1 require insurers that issue certain types of
insurance policies to employee benefit plans to make specific one-time
and annual disclosures to such plans if assets of the plan are held in
the insurer's general account. A copy of the ICR may be obtained by
contacting the office listed in the ADDRESSES section of this notice.
DATES: Written comments must be submitted to the office shown in the
ADDRESSES section below on or before January 20, 2009.
ADDRESSES: Interested parties are invited to submit written comments
regarding the information collection request and burden estimates to:
G. Christopher Cosby, Office of Policy and Research, U.S. Department of
Labor, Employee Benefits Security Administration, 200 Constitution
Avenue, NW., Room N-5718, Washington, DC 20210. Telephone: (202) 693-
8410; Fax: (202) 219-4745. These are not toll-free numbers. Comments
may also be submitted electronically to the following Internet e-mail
address: ebsa.opr@dol.gov.
SUPPLEMENTARY INFORMATION:
I. Background
Section 1460 of the Small Business Job Protection Act of 1996 (Pub.
L. 104-188) amended ERISA by adding Section 401(c), which clarified the
extent to which assets of an insurer's general account constitute
assets of an employee benefit plan when that insurer has issued
policies for the benefit of the plan and such policies are supported by
assets of the general account. Section 401(c) established certain
requirements and disclosures for insurance companies that offer and
maintain policies for employee benefit plans where the plans' assets
are held in the insurer's general account. Section 401(c) also required
the Secretary to provide guidance on the statutory requirements; such
guidance was issued as a final rulemaking on January 5, 2000 (65 CFR
614). The regulation includes information collection provisions
pertaining to one-time and annual disclosure obligations of insurers.
The information collection provisions in the final rulemaking were
submitted for review by the Office of Management and Budget (OMB) in an
information collection request (ICR) in connection with promulgation of
the final rulemaking and were approved by OMB under OMB Control No.
1210-0114. The ICR approval is scheduled to expire on March 31, 2009.
II. Desired Focus of Comments
The Department is particularly interested in comments that:
Evaluate whether the collections of information are
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility;
Enhance the quality, utility, and clarity of the
information to be collected; and
Evaluate the accuracy of the agency's estimate of the
burden of the collections of information, including the validity of the
methodology and assumptions used;
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.
III. Current Action
The Employee Benefits Security Administration (EBSA) is requesting
an extension of the currently approved ICR for the Disclosures by
Insurers to General Account Policyholders. EBSA is not proposing or
implementing changes to the regulation or to the existing ICR. A
summary of the ICR and the current burden estimates follows:
Type of Review: Extension of a currently approved collection of
information.
Agency: Employee Benefits Security Administration, Department of
Labor.
Title: Disclosures by Insurers to General Account Policyholders.
OMB Number: 1210-0114.
Affected Public: Individuals or households; Business or other for-
profit; Not-for-profit institutions.
Respondents: 104.
Frequency of Response: One-time; Annual.
Responses: 123,500.
Estimated Total Burden Hours: 466,667.
Estimated Total Burden Cost (Operating and Maintenance): 46,000.
Comments submitted in response to this notice will be summarized
and/or included in the request for OMB approval of the information
collection request. They will also become a matter of public record.
[[Page 70677]]
Dated: November 12, 2008.
Joseph S. Piacentini,
Director, Office of Policy and Research, Employee Benefits Security
Administration.
[FR Doc. E8-27635 Filed 11-20-08; 8:45 am]
BILLING CODE 4510-29-P
