Proposed Collection; Comment Request, 24066-24067 [2011-10418]

Download as PDF 24066 Federal Register / Vol. 76, No. 83 / Friday, April 29, 2011 / Notices Dated: April 25, 2011. Nigel Mote, Executive Director, U.S. Nuclear Waste Technical Review Board. [FR Doc. 2011–10329 Filed 4–28–11; 8:45 am] BILLING CODE 6820–AM–M RAILROAD RETIREMENT BOARD Proposed Collection; Comment Request Summary: In accordance with the requirement of Section 3506 (c)(2)(A) of the Paperwork Reduction Act of 1995 which provides opportunity for public comment on new or revised data collections, the Railroad Retirement Board (RRB) will publish periodic summaries of proposed data collections. Comments are invited on: (a) Whether the proposed information collection is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; (b) the accuracy of the RRB’s estimate of the burden of the collection of the information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden related to the collection of information on respondents, including the use of automated collection techniques or other forms of information technology. 1. Title and purpose of information collection: Certification of Termination of Service and Relinquishment of Rights; OMB 3220–0016. Under Section 2(e)(2) of the Railroad Retirement Act (RRA), an age and service annuity, spouse annuity, or divorced spouse annuity cannot be paid unless the Railroad Retirement Board (RRB) has evidence that the applicant has ceased railroad employment and relinquished rights to return to the service of a railroad employer. Under Section 2(f)(6) of the RRA, earnings deductions are required for each month an annuitant works in certain nonrailroad employment termed Last PreRetirement Non-Railroad Employment. Normally, the employee, spouse, or divorced spouse relinquishes rights and certifies that employment has ended as part of the annuity application process. However, this is not always the case. In limited circumstances, the RRB utilizes Form G–88, Certification of Termination of Service and Relinquishment of Rights, to obtain an applicant’s report of termination of employment and relinquishment of rights. One response is required of each respondent. Completion is required to obtain or retain benefits. The RRB proposes no changes to Form G–88. Estimate of Annual Respondent Burden The estimated annual respondent burden is as follows: Form No. Annual responses Time (minutes) Burden (hours) G–88 ............................................................................................................................................ 3,600 6 360 2. Title and purpose of information collection: Statement of Authority to Act for Employee; OMB 3220–0034. Under Section 5(a) of the Railroad Unemployment Insurance Act (RUIA), claims for benefits are to be made in accordance with such regulations as the Railroad Retirement Board (RRB) shall prescribe. The provisions for claiming sickness benefits as provided by Section 2 of the RUIA are prescribed in 20 CFR 335.2. Included in these provisions is the RRB’s acceptance of forms executed by someone else on behalf of an employee if the RRB is satisfied that the employee is sick or injured to the extent of being unable to sign forms. The RRB utilizes Form SI–10, Statement of Authority to Act for Employee, to provide the means for an individual to apply for authority to act on behalf of an incapacitated employee and also to obtain the information necessary to determine that the delegation should be made. Part I of the form is completed by the applicant for the authority and Part II is completed by the employee’s doctor. One response is requested of each respondent. Completion is required to obtain benefits. The RRB proposes no changes to Form SI–10. Estimate of Annual Respondent Burden The estimated annual respondent burden is as follows: Annual responses Time (minutes) Burden (hours) SI–10 ............................................................................................................................................ srobinson on DSKHWCL6B1PROD with NOTICES Form No. 400 6 40 3. Title and purpose of information collection: Statement Regarding Contributions and Support; OMB 3220– 0099. Under Section 2 of the Railroad Retirement Act, dependency on an employee for one-half support at the time of the employee’s death can affect (1) Entitlement to a survivor annuity when the survivor is a parent of the deceased employee; (2) the amount of spouse and survivor annuities; and (3) the Tier II restored amount payable to a widow(er) whose annuity was reduced for receipt of an employee annuity, and who was dependent on the railroad employee in the year prior to the employee’s death. One-half support may also negate the public service pension offset in Tier I for a spouse or widow(er). The Railroad Retirement Board (RRB) utilizes Form G–134, Statement Regarding Contributions and Support, to secure information needed to adequately determine if the applicant meets the one-half support requirement. One response is completed by each respondent. Completion is required to obtain benefits. The RRB proposes no changes to Form G–134. Estimate of Annual Respondent Burden The estimated annual respondent burden is as follows: Annual responses Form No. G–134: With assistance .................................................................................................................... VerDate Mar<15>2010 17:39 Apr 28, 2011 Jkt 223001 PO 00000 Frm 00098 Fmt 4703 Sfmt 4703 E:\FR\FM\29APN1.SGM 75 29APN1 Time (minutes) 147 Burden (hours) 184 24067 Federal Register / Vol. 76, No. 83 / Friday, April 29, 2011 / Notices Annual responses Form No. Time (minutes) Burden (hours) Without assistance ............................................................................................................... 25 180 75 Total ............................................................................................................................... 100 ........................ 259 Additional Information or Comments: To request more information or to obtain a copy of the information collection justification, forms, and/or supporting material, contact Charles Mierzwa, the RRB Clearance Officer, at (312) 751–3363 or Charles.Mierzwa@RRB.GOV. Comments regarding the information collection should be addressed to Patricia Henaghan, Railroad Retirement Board, 844 North Rush Street, Chicago, Illinois 60611–2092 or e-mailed to Patricia.Henaghan@RRB.GOV. Written comments should be received within 60 days of this notice. Charles Mierzwa, Clearance Officer. [FR Doc. 2011–10418 Filed 4–28–11; 8:45 am] BILLING CODE 7905–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–64326; File No. SR– NASDAQ–2011–057] Self-Regulatory Organizations; Notice of Filing and Immediate Effectiveness of Proposed Rule Change by NASDAQ Stock Market, LLC Relating to the $2.50 Strike Price Program April 22, 2011. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 notice is hereby given that, on April 18, 2011, The NASDAQ Stock Market LLC (‘‘NASDAQ’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule change as described in Items I and II below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. srobinson on DSKHWCL6B1PROD with NOTICES I. Self-Regulatory Organization’s Statement of the Terms of Substance of the Proposed Rule Change The NASDAQ Stock Market LLC proposes to amend Section 6, Series of Options Open for Trading, of Chapter IV, Securities Traded on NOM, to expand the $2.50 Strike Price Program, 1 15 2 17 U.S.C. 78s(b)(1). CFR 240.19b–4. VerDate Mar<15>2010 17:39 Apr 28, 2011 Jkt 223001 which applies to NASDAQ members using the NASDAQ Options Market (‘‘NOM’’). The text of the proposed rule change is available on the Exchange’s Web site at http:// www.nasdaq.cchwallstreet.com, at the principal office of the Exchange, and at the Commission’s Public Reference Room. The purpose of this proposed rule change is to expand the Exchange’s ability to select option classes on individual stocks for which the intervals of strike prices will be $2.50 to list for trading. The Exchange recently expanded its $2.50 Strike Price Program (‘‘Program’’) 3 to permit the listing of options with $2.50 strike price intervals for options with strike prices between $50 and $100, provided the $2.50 strike price intervals are no more than $10 from the closing price of the underlying stock in the primary market.4 The Exchange currently list [sic] series at $2.50 strike price intervals in any multiply traded option once another exchange has selected that option to be a part of the program. The Exchange proposes to amend Chapter IV, Section 6 at Commentary .03 to specify that it may select up to sixty (60) option classes on individual stocks for which the intervals of strike prices will be $2.50 in addition to options selected by another exchange as part of the $2.50 Strike Price Program. NOM has participated in the industry wide $2.50 Strike Price Program since NOM’s inception in 2007. Currently, other options exchanges select up to 60 option classes on individual stocks for which the intervals of strike prices will be $2.50.5 In addition, each options exchange is permitted to list options with $2.50 strike price intervals on any option class that another options exchange selects under its program. Also, significantly more options classes are trading in 2011 as compared to 2007. The Exchange proposes to specify that it may select up to 60 options classes to remain competitive with other exchanges and to offer investors additional investment choices. Furthermore, the Exchange does not believe that this proposal would have a negative impact on the marketplace. The Exchange would compare this proposal with the $1 Strike Price expansion, wherein NOM expanded its $1 Strike Price Program from 55 individual stocks to 150 individual stocks on which an option series may list at $1 strike price intervals.6 The Exchange believes that this proposed rule change that would, in part, result in an increase to overall options classes in the industry wide Program, is less than the $1 Strike Price 3 In 2007, NOM proposed to participate in the $2.50 Strike Price Program. See Securities Exchange Act Release Nos. 40662 (November 12, 1998), 63 FR 64297 (November 19, 1998) (order approving File Nos. SR–Amex–98–21; SR–CBOE–98–29; SR–PCX– 98–31; and SR–Phlx–98–26) (‘‘1998 Order’’) and 52893 (December 5, 2005), 70 FR 73488 (December 12, 2005) (order approving File No. SR–Amex– 2005–067). NOM participates in the $2.50 Strike Price Program on the same terms and conditions as the other options exchanges. See Securities Exchange Act Release No. 57478 (March 12, 2008), 73 FR 14521 (March 18, 2008) (SR–NASDAQ–2007– 004 and SR–NASDAQ–2007–080). See also Securities Exchange Act Release No. 64157 (March 31, 2011), 76 FR 18817 (April 5, 2011) (SR–Phlx– 2011–15). 4 The term ‘‘primary market’’ is defined in Exchange Rule 1000 in respect of an underlying stock or exchange-traded fund share as the principal market in which the underlying stock or exchange-traded fund share is traded. 5 The International Securities Exchange, LLC (‘‘ISE’’), NASDAQ OMX PHLX LLC (‘‘Phlx’’), and Chicago Board Options Exchange (‘‘CBOE’’) may select up to 60 option classes on individual stocks for which the intervals of strike prices will be $2.50. See Securities Exchange Act Release Nos. 64258 (April 8, 2011), 76 FR 20764 (April 13, 2011) (SR– ISE–2011–23), 63914 (February 15, 2011) and 76 FR 9846 (February 22, 2011) (SR–Phlx–2011–15). 6 See Securities Exchange Release Act No. 62451 (July 6, 2010), 75 FR 40001 (July 13, 2010) (SR– NASDAQ–2010–083). II. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange included statements concerning the purpose of and basis for the proposed rule change. The text of these statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant aspects of such statements. A. Self-Regulatory Organization’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose PO 00000 Frm 00099 Fmt 4703 Sfmt 4703 E:\FR\FM\29APN1.SGM 29APN1

Agencies

[Federal Register Volume 76, Number 83 (Friday, April 29, 2011)]
[Notices]
[Pages 24066-24067]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-10418]


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RAILROAD RETIREMENT BOARD


Proposed Collection; Comment Request

    Summary: In accordance with the requirement of Section 3506 
(c)(2)(A) of the Paperwork Reduction Act of 1995 which provides 
opportunity for public comment on new or revised data collections, the 
Railroad Retirement Board (RRB) will publish periodic summaries of 
proposed data collections.
    Comments are invited on: (a) Whether the proposed information 
collection is necessary for the proper performance of the functions of 
the agency, including whether the information has practical utility; 
(b) the accuracy of the RRB's estimate of the burden of the collection 
of the information; (c) ways to enhance the quality, utility, and 
clarity of the information to be collected; and (d) ways to minimize 
the burden related to the collection of information on respondents, 
including the use of automated collection techniques or other forms of 
information technology.
    1. Title and purpose of information collection: Certification of 
Termination of Service and Relinquishment of Rights; OMB 3220-0016.
    Under Section 2(e)(2) of the Railroad Retirement Act (RRA), an age 
and service annuity, spouse annuity, or divorced spouse annuity cannot 
be paid unless the Railroad Retirement Board (RRB) has evidence that 
the applicant has ceased railroad employment and relinquished rights to 
return to the service of a railroad employer. Under Section 2(f)(6) of 
the RRA, earnings deductions are required for each month an annuitant 
works in certain non-railroad employment termed Last Pre-Retirement 
Non-Railroad Employment.
    Normally, the employee, spouse, or divorced spouse relinquishes 
rights and certifies that employment has ended as part of the annuity 
application process. However, this is not always the case. In limited 
circumstances, the RRB utilizes Form G-88, Certification of Termination 
of Service and Relinquishment of Rights, to obtain an applicant's 
report of termination of employment and relinquishment of rights. One 
response is required of each respondent. Completion is required to 
obtain or retain benefits. The RRB proposes no changes to Form G-88.

Estimate of Annual Respondent Burden

    The estimated annual respondent burden is as follows:

----------------------------------------------------------------------------------------------------------------
                                                                    Annual
                           Form No.                               responses      Time (minutes)   Burden (hours)
----------------------------------------------------------------------------------------------------------------
G-88.........................................................           3,600                6              360
----------------------------------------------------------------------------------------------------------------

    2. Title and purpose of information collection: Statement of 
Authority to Act for Employee; OMB 3220-0034.
    Under Section 5(a) of the Railroad Unemployment Insurance Act 
(RUIA), claims for benefits are to be made in accordance with such 
regulations as the Railroad Retirement Board (RRB) shall prescribe. The 
provisions for claiming sickness benefits as provided by Section 2 of 
the RUIA are prescribed in 20 CFR 335.2. Included in these provisions 
is the RRB's acceptance of forms executed by someone else on behalf of 
an employee if the RRB is satisfied that the employee is sick or 
injured to the extent of being unable to sign forms.
    The RRB utilizes Form SI-10, Statement of Authority to Act for 
Employee, to provide the means for an individual to apply for authority 
to act on behalf of an incapacitated employee and also to obtain the 
information necessary to determine that the delegation should be made. 
Part I of the form is completed by the applicant for the authority and 
Part II is completed by the employee's doctor. One response is 
requested of each respondent. Completion is required to obtain 
benefits. The RRB proposes no changes to Form SI-10.

Estimate of Annual Respondent Burden

    The estimated annual respondent burden is as follows:

----------------------------------------------------------------------------------------------------------------
                                                                    Annual
                           Form No.                               responses      Time (minutes)   Burden (hours)
----------------------------------------------------------------------------------------------------------------
SI-10........................................................             400                6               40
----------------------------------------------------------------------------------------------------------------

    3. Title and purpose of information collection: Statement Regarding 
Contributions and Support; OMB 3220-0099.
    Under Section 2 of the Railroad Retirement Act, dependency on an 
employee for one-half support at the time of the employee's death can 
affect (1) Entitlement to a survivor annuity when the survivor is a 
parent of the deceased employee; (2) the amount of spouse and survivor 
annuities; and (3) the Tier II restored amount payable to a widow(er) 
whose annuity was reduced for receipt of an employee annuity, and who 
was dependent on the railroad employee in the year prior to the 
employee's death. One-half support may also negate the public service 
pension offset in Tier I for a spouse or widow(er). The Railroad 
Retirement Board (RRB) utilizes Form G-134, Statement Regarding 
Contributions and Support, to secure information needed to adequately 
determine if the applicant meets the one-half support requirement. One 
response is completed by each respondent. Completion is required to 
obtain benefits. The RRB proposes no changes to Form G-134.

Estimate of Annual Respondent Burden

    The estimated annual respondent burden is as follows:

----------------------------------------------------------------------------------------------------------------
                                                                      Annual
                            Form No.                                 responses    Time (minutes)  Burden (hours)
----------------------------------------------------------------------------------------------------------------
G-134:
    With assistance.............................................              75             147             184

[[Page 24067]]

 
    Without assistance..........................................              25             180              75
                                                                 -----------------------------------------------
        Total...................................................             100  ..............             259
----------------------------------------------------------------------------------------------------------------

    Additional Information or Comments: To request more information or 
to obtain a copy of the information collection justification, forms, 
and/or supporting material, contact Charles Mierzwa, the RRB Clearance 
Officer, at (312) 751-3363 or Charles.Mierzwa@RRB.GOV. Comments 
regarding the information collection should be addressed to Patricia 
Henaghan, Railroad Retirement Board, 844 North Rush Street, Chicago, 
Illinois 60611-2092 or e-mailed to Patricia.Henaghan@RRB.GOV. Written 
comments should be received within 60 days of this notice.

Charles Mierzwa,
Clearance Officer.
[FR Doc. 2011-10418 Filed 4-28-11; 8:45 am]
BILLING CODE 7905-01-P