Submission of Information Collection for OMB Review; Comment Request; Reportable Events, 4786-4787 [E9-1790]

Download as PDF 4786 Federal Register / Vol. 74, No. 16 / Tuesday, January 27, 2009 / Notices mstockstill on PROD1PC66 with NOTICES6 ACTION: Notice of request for extension of OMB approval of a currently approved collection (with modifications). 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 the collection of information (with modifications) under subparts A and D of Part 4043 of its regulations on Reportable Events and Certain Other Notification Requirements (OMB control number 1212–0041; expires February 28, 2009). This notice informs the public of PBGC’s request and solicits public comment on the collection of information. DATES: Comments must be submitted by February 26, 2009. 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 and comments may be obtained without charge by writing to the Disclosure Division, Office of General Counsel, 1200 K St., NW., Washington, DC 20005–4026, 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 tollfree at 1–800–877–8339 and ask to be connected to 202–326–4040.) The reportable events regulations, forms, and instructions may be accessed on PBGC’s Web site at https:// www.pbgc.gov. FOR FURTHER INFORMATION CONTACT: James Bloch, Program Analyst, Legislative and Policy Division, or Catherine B. Klion, Manager, Regulatory and Policy Division, 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 toll-free at 1–800– 877–8339 and ask to be connected to 202–326–4024.) SUPPLEMENTARY INFORMATION: Section 303(k) of the Employee Retirement Income Security Act of 1974 (‘‘ERISA’’) and section 430(k) of the Internal Revenue Code of 1986 (‘‘Code’’) impose a lien in favor of an underfunded singleemployer plan that is covered by the termination insurance program if (1) any person fails to make a contribution payment when due, and (2) the unpaid balance of that payment (including VerDate Nov<24>2008 17:20 Jan 26, 2009 Jkt 217001 interest), when added to the aggregate unpaid balance of all preceding payments for which payment was not made when due (including interest), exceeds $1 million. (For this purpose, a plan is underfunded if its funding target attainment percentage is less than 100 percent.) The lien is upon all property and rights to property belonging to the person or persons who are liable for required contributions (i.e., a contributing sponsor and each member of the controlled group of which that contributing sponsor is a member). Only PBGC (or, at its direction, the plan’s contributing sponsor or a member of the same controlled group) may perfect and enforce this lien. ERISA and the Code require persons committing payment failures to notify PBGC within 10 days of the due date whenever there is a failure to make a required payment and the total of the unpaid balances (including interest) exceeds $1 million. These statutory requirements are implemented by subparts A and D of PBGC’s regulation on Reportable Events and Certain Other Notification Requirements (29 CFR part 4043). Section 4043.81 of the regulation provides that required reports must be made using PBGC Form 200, Notice of Failure to Make Required Contributions, in accordance with the related filing instructions. The form and instructions have been revised to remove information that is no longer applicable in light of changes made by the Pension Protection Act of 2006. The collection of information under the regulation has been approved through February 28, 2009, by OMB under control number 1212–0041. PBGC is requesting that OMB extend approval of the collection (with modifications) for another 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 it will receive 185 Form 200 filings per year under this collection of information. PBGC further estimates that the average annual burden of this collection of information is 873 hours and $305,550. Issued in Washington, DC, this 21st day of January, 2009. John H. Hanley, Director, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation. [FR Doc. E9–1783 Filed 1–26–09; 8:45 am] BILLING CODE 7709–01–P PO 00000 Frm 00056 Fmt 4703 Sfmt 4703 PENSION BENEFIT GUARANTY CORPORATION Submission of Information Collection for OMB Review; Comment Request; Reportable Events AGENCY: Pension Benefit Guaranty Corporation. ACTION: Notice of request for extension of OMB approval of a currently approved collection (with modifications). 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 the collection of information (with modifications) under subparts A, B, and C of Part 4043 of its regulations on Reportable Events and Certain Other Notification Requirements (OMB control number 1212–0013; expires February 28, 2009). This notice informs the public of PBGC’s request and solicits public comment on the collection of information. DATES: Comments must be submitted by February 26, 2009. 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 and comments may be obtained without charge by writing to the Disclosure Division, Office of General Counsel, 1200 K St., NW., Washington, DC 20005–4026, 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 tollfree at 1–800–877–8339 and ask to be connected to 202–326–4040.) The reportable events regulation, forms, and instructions may be accessed on PBGC’s Web site at https://www.pbgc.gov. FOR FURTHER INFORMATION CONTACT: James Bloch, Program Analyst, Legislative and Policy Division, or Catherine B. Klion, Manager, Regulatory and Policy Division, 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 toll-free at 1–800– 877–8339 and ask to be connected to 202–326–4024.) SUPPLEMENTARY INFORMATION: Section 4043 of the Employee Retirement E:\FR\FM\27JAN1.SGM 27JAN1 Federal Register / Vol. 74, No. 16 / Tuesday, January 27, 2009 / Notices Income Security Act of 1974 (ERISA) requires plan administrators and plan sponsors to report certain plan and employer events to PBGC. The reporting requirements give PBGC notice of events that indicate plan or employer financial problems. PBGC uses the information provided in determining what, if any, action it needs to take. For example, PBGC might need to institute proceedings to terminate a plan (placing it in trusteeship) under section 4042 of ERISA to ensure the continued payment of benefits to plan participants and their beneficiaries or to prevent unreasonable increases in its losses. The forms and instructions have been revised to remove information that is no longer applicable in light of changes made by the Pension Protection Act of 2006 and to refer to interim guidance issued by PBGC. The collection of information under the regulation has been approved through February 28, 2009, by OMB under control number 1212–0013. PBGC is requesting that OMB extend approval of the collection (with modifications) for another 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 it will receive 637 reportable events per year under this collection of information. PBGC further estimates that the average annual burden of this collection of information is 2,676 hours and $936,600. Issued in Washington, DC, this 21st day of January 2009. John H. Hanley, Director, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation. [FR Doc. E9–1790 Filed 1–26–09; 8:45 am] BILLING CODE 7709–01–P RAILROAD RETIREMENT BOARD mstockstill on PROD1PC66 with NOTICES6 Agency Forms Submitted for OMB Review, Request for Comments SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Railroad Retirement Board (RRB) is forwarding two (2) Information Collection Requests (ICR) to the Office of Information and Regulatory Affairs (OIRA), Office of Management and Budget (OMB). Our ICR describes the information we seek to collect from the public. Review and approval by OIRA ensures that we impose appropriate paperwork burdens. The RRB invites comments on the proposed collections of information to determine (1) The practical utility of the VerDate Nov<24>2008 17:20 Jan 26, 2009 Jkt 217001 collections; (2) the accuracy of the estimated burden of the collections; (3) ways to enhance the quality, utility and clarity of the information that is the subject of collection; and (4) ways to minimize the burden of collections on respondents, including the use of automated collection techniques or other forms of information technology. Comments to RRB or OIRA must contain the OMB control number of the ICR. For proper consideration of your comments, it is best if RRB and OIRA receive them within 30 days of publication date. 1. Title and purpose of information collection: Request to Non-Railroad Employer for Information About Annuitant’s Work and Earnings; OMB 3220–0107. Under Section 2 of the Railroad Retirement Act (RRA), a railroad employee’s retirement annuity or an annuity paid to the spouse of a railroad employee is subject to work deductions in the Tier II component of the annuity and any employee supplemental annuity for any month in which the annuitant works for a Last PreRetirement Non-Railroad Employer (LPE). LPE is defined as the last person, company, or institution, other than a railroad employer, that employed an employee or spouse annuitant. In addition, the employee, spouse or divorced spouse Tier I annuity benefit is subject to work deductions under Section 2(F)(1) of the RRA for earnings from any non-railroad employer that are over the annual exempt amount. The regulations pertaining to non-payment of annuities by reason of work are contained in 20 CFR 230.1 and 230.2. The RRB utilizes Form RL–231–F, Request to Non-Railroad Employer for Information About Annuitant’s Work and Earnings, to obtain the information needed for determining if any work deductions should be applied because an annuitant worked in non-railroad employment after the annuity beginning date. One response is requested of each respondent. Completion is voluntary. Previous Requests for Comments: The RRB has already published the initial 60-day notice (73 FR 68462 and 68463 on November 18, 2008) required by 44 U.S.C. 3506(c)(2). That request elicited no comments. Information Collection Request (ICR) Title: Request to Non-Railroad Employer for Information About Annuitant’s Work and Earnings. Form(s) submitted: RL–231–F. OMB Control Number: 3220–0107. Expiration date of current OMB clearance: 1/31/2009. PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 4787 Type of request: Extension without change of a currently approved collection. Affected Public: Business or other forprofit. Estimated annual number of respondents: 300. Total annual responses: 300. Total annual reporting hours: 150. Abstract: Under the Railroad Retirement Act (RRA), benefits are not payable if an annuitant works for an employer covered under the RRA or last non-railroad employer. The collection obtains information regarding an annuitant’s work and earnings from a non-railroad employer. The information will be used for determining whether benefits should be withheld. Changes Proposed: The RRB proposes no changes to Form RL–231–F. 2. 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. Completion is required to obtain or retain benefits. Previous Requests for Comments: The RRB has already published the initial 60-day notice (73 FR 68462 and 68463 on November 18, 2008) required by 44 U.S.C. 3506(c)(2). That request elicited no comments. E:\FR\FM\27JAN1.SGM 27JAN1

Agencies

[Federal Register Volume 74, Number 16 (Tuesday, January 27, 2009)]
[Notices]
[Pages 4786-4787]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-1790]


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PENSION BENEFIT GUARANTY CORPORATION


Submission of Information Collection for OMB Review; Comment 
Request; Reportable Events

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of request for extension of OMB approval of a currently 
approved collection (with modifications).

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

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 the collection of information (with 
modifications) under subparts A, B, and C of Part 4043 of its 
regulations on Reportable Events and Certain Other Notification 
Requirements (OMB control number 1212-0013; expires February 28, 2009). 
This notice informs the public of PBGC's request and solicits public 
comment on the collection of information.

DATES: Comments must be submitted by February 26, 2009.

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 and comments may be 
obtained without charge by writing to the Disclosure Division, Office 
of General Counsel, 1200 K St., NW., Washington, DC 20005-4026, 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.) 
The reportable events regulation, forms, and instructions may be 
accessed on PBGC's Web site at https://www.pbgc.gov.

FOR FURTHER INFORMATION CONTACT: James Bloch, Program Analyst, 
Legislative and Policy Division, or Catherine B. Klion, Manager, 
Regulatory and Policy Division, 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 toll-free at 1-800-877-8339 and ask to be connected to 202-326-
4024.)

SUPPLEMENTARY INFORMATION: Section 4043 of the Employee Retirement

[[Page 4787]]

Income Security Act of 1974 (ERISA) requires plan administrators and 
plan sponsors to report certain plan and employer events to PBGC. The 
reporting requirements give PBGC notice of events that indicate plan or 
employer financial problems. PBGC uses the information provided in 
determining what, if any, action it needs to take. For example, PBGC 
might need to institute proceedings to terminate a plan (placing it in 
trusteeship) under section 4042 of ERISA to ensure the continued 
payment of benefits to plan participants and their beneficiaries or to 
prevent unreasonable increases in its losses.
    The forms and instructions have been revised to remove information 
that is no longer applicable in light of changes made by the Pension 
Protection Act of 2006 and to refer to interim guidance issued by PBGC.
    The collection of information under the regulation has been 
approved through February 28, 2009, by OMB under control number 1212-
0013. PBGC is requesting that OMB extend approval of the collection 
(with modifications) for another 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 it will receive 637 reportable events per year 
under this collection of information. PBGC further estimates that the 
average annual burden of this collection of information is 2,676 hours 
and $936,600.

    Issued in Washington, DC, this 21st day of January 2009.
John H. Hanley,
Director, Legislative and Regulatory Department, Pension Benefit 
Guaranty Corporation.
 [FR Doc. E9-1790 Filed 1-26-09; 8:45 am]
BILLING CODE 7709-01-P
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