Proposed Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums, 4839-4841 [2012-2096]

Download as PDF wreier-aviles on DSK5TPTVN1PROD with NOTICES Federal Register / Vol. 77, No. 20 / Tuesday, January 31, 2012 / Notices presentations by and hold discussions with the NRC staff and other interested persons regarding this matter. The Subcommittee will gather information, analyze relevant issues and facts, and formulate proposed positions and actions, as appropriate, for deliberation by the Full Committee. Members of the public desiring to provide oral statements and/or written comments should notify the Designated Federal Official (DFO), Kathy Weaver (Telephone (301) 415–6236 or Email: Kathy.Weaver@nrc.gov) five days prior to the meeting, if possible, so that appropriate arrangements can be made. Thirty-five hard copies of each presentation or handout should be provided to the DFO thirty minutes before the meeting. In addition, one electronic copy of each presentation should be emailed to the DFO one day before the meeting. If an electronic copy cannot be provided within this timeframe, presenters should provide the DFO with a CD containing each presentation at least thirty minutes before the meeting. Electronic recordings will be permitted only during those portions of the meeting that are open to the public. Detailed procedures for the conduct of and participation in ACRS meetings were published in the Federal Register on October 17, 2011, (76 FR 64127–64128). Detailed meeting agendas and meeting transcripts are available on the NRC Web site at https://www.nrc.gov/readingrm/doc-collections/acrs. Information regarding topics to be discussed, changes to the agenda, whether the meeting has been canceled or rescheduled, and the time allotted to present oral statements can be obtained from the Web site cited above or by contacting the identified DFO. Moreover, in view of the possibility that the schedule for ACRS meetings may be adjusted by the Chairman as necessary to facilitate the conduct of the meeting, persons planning to attend should check with these references if such rescheduling would result in a major inconvenience. If attending this meeting, please enter through the One White Flint North building, 11555 Rockville Pike, Rockville, MD. After registering with security, please contact Mr. Theron Brown (Telephone (240) 888–9835) to be escorted to the meeting room. Dated: January 25, 2012. Antonio F. Dias, Technical Advisor, Advisory Committee on Reactor Safeguards. [FR Doc. 2012–2016 Filed 1–30–12; 8:45 am] BILLING CODE 7590–01–P VerDate Mar<15>2010 15:20 Jan 30, 2012 Jkt 226001 NUCLEAR REGULATORY COMMISSION Sunshine Federal Register Notice Nuclear Regulatory Commission [NRC–2012– 0002]. DATES: Weeks of January 30, February 6, 13, 20, 27, March 5, 2012. PLACE: Commissioners’ Conference Room, 11555 Rockville Pike, Rockville, Maryland. STATUS: Public and Closed. AGENCY HOLDING THE MEETINGS: Week of January 30, 2012 Monday, January 30, 2012 1:25 p.m. Affirmation Session (Public Meeting) (Tentative). a. Final Rule: Requirements for Distribution of Byproduct Material, 10 CFR parts 30, 31, 32, 40, AND 70 (RIN 3150–AH91) (Tentative). b. Final Rule: Advance Notification to Native American Tribes of Transport of Certain Types of Nuclear Waste (RIN 3150–AG41) (Tentative). Week of February 6, 2012—Tentative Thursday, February 9, 2012 9 a.m. Briefing on Status of Outreach and Educational Efforts with External Stakeholders Related to the Safety Culture Policy Statement (Public Meeting) (Contact: Diane Sieracki, (301) 415–3297). This meeting will be webcast live at the Web address—www.nrc.gov. 4839 Contact person for more information: Rochelle Bavol, (301) 415–1651. * * * * * The NRC Commission Meeting Schedule can be found on the Internet at: https://www.nrc.gov/public-involve/ public-meetings/schedule.html. * * * * * The NRC provides reasonable accommodation to individuals with disabilities where appropriate. If you need a reasonable accommodation to participate in these public meetings, or need this meeting notice or the transcript or other information from the public meetings in another format (e.g. braille, large print), please notify Bill Dosch, Chief, Work Life and Benefits Branch, at (301) 415–6200, TDD: (301) 415–2100, or by email at william.dosch@nrc.gov. Determinations on requests for reasonable accommodation will be made on a caseby-case basis. * * * * * This notice is distributed electronically to subscribers. If you no longer wish to receive it, or would like to be added to the distribution, please contact the Office of the Secretary, Washington, DC 20555 ((301) 415– 1969), or send an email to darlene.wright@nrc.gov. Dated: January 26, 2012. Rochelle C. Bavol, Policy Coordinator, Office of the Secretary. [FR Doc. 2012–2182 Filed 1–27–12; 4:15 pm] BILLING CODE 7590–01–P Week of February 13, 2012—Tentative There are no meetings scheduled for the week of February 13, 2012. PENSION BENEFIT GUARANTY CORPORATION Week of February 20, 2012—Tentative Proposed Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums Wednesday, February 22, 2012 9 a.m. Briefing on Fort Calhoun (Public Meeting); (Contact: Jeff Clark, (817) 860–8147). This meeting will be webcast live at the Web address—www.nrc.gov. Week of February 27, 2012—Tentative 9:30 a.m. Briefing on the Threat Environment Assessment (Closed— Ex. 1). Week of March 5, 2012—Tentative There are no meetings scheduled for the week of March 5, 2012. * * * * * *The schedule for Commission meetings is subject to change on short notice. To verify the status of meetings, call (recording)—(301) 415–1292. Frm 00083 Fmt 4703 Sfmt 4703 The Pension Benefit Guaranty Corporation (PBGC) is modifying the collection of information under its regulation on Payment of Premiums (OMB control number 1212–0007; expires December 31, 2013) and intends to request that the Office of Management and Budget (OMB) approve the revised collection of information under the Paperwork Reduction Act for three years. This notice informs the public of PBGC’s intent and solicits public comment on the collection of information. SUMMARY: Tuesday, February 28, 2012 PO 00000 Pension Benefit Guaranty Corporation. ACTION: Notice of intention to request OMB approval of revised collection of information. AGENCY: E:\FR\FM\31JAN1.SGM 31JAN1 4840 Federal Register / Vol. 77, No. 20 / Tuesday, January 31, 2012 / Notices Comments must be submitted by April 2, 2012. ADDRESSES: Comments may be submitted by any of the following methods: • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the Web site instructions for submitting comments. • Email: paperwork.comments@pbgc.gov. • Fax: 202–326–4224. • Mail or Hand Delivery: Legislative and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 20005– 4026. Comments received, including personal information provided, will be posted to www.pbgc.gov. Copies of the collection of information and comments may be obtained without charge by writing to the Disclosure Division, Office of General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 20005–4026; visiting the Disclosure Division; faxing a request to 202–326–4042; or calling 202–326–4040 during normal business hours. (TTY/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 premium payment regulation and the premium instructions (including illustrative forms) for 2012 are available at 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. (TTY/TDD users may call the Federal relay service toll-free at 1 (800) 877–8339 and ask to be connected to (202) 326–4024.) SUPPLEMENTARY INFORMATION: Section 4007 of Title IV of the Employee Retirement Income Security Act of 1974 (ERISA) requires pension plans covered under Title IV pension insurance programs to pay premiums to PBGC. Pursuant to section 4007, PBGC has issued its regulation on Payment of Premiums (29 CFR part 4007). Under § 4007.3 of the premium payment regulation, plan administrators are required to file premium payments and information prescribed by PBGC. Premium information must be filed electronically using ‘‘My Plan Administration Account’’ (‘‘My PAA’’) through PBGC’s Web site except to the extent PBGC grants an exemption for good cause in appropriate wreier-aviles on DSK5TPTVN1PROD with NOTICES DATES: VerDate Mar<15>2010 17:42 Jan 30, 2012 Jkt 223001 circumstances, in which case the information must be filed using an approved PBGC form. The plan administrator of each pension plan covered by Title IV of ERISA is required to submit one or more premium filings for each premium payment year. Under § 4007.10 of the premium payment regulation, plan administrators are required to retain records about premiums and information submitted in premium filings. PBGC needs information from premium filings to identify the plans for which premiums are paid, to verify whether the amounts paid are correct, to help PBGC determine the magnitude of its exposure in the event of plan termination, to help track the creation of new plans and transfer of participants and plan assets and liabilities among plans, and to keep PBGC’s insured-plan inventory up to date. That information and the retained records are also needed for audit purposes. All plans covered by Title IV of ERISA pay a flat-rate per-participant premium. An underfunded singleemployer plan also pays a variable-rate premium based on the value of the plan’s unfunded vested benefits. Large-plan filers (i.e., plans that were required to pay premiums for 500 or more participants for the prior plan year) are required to pay PBGC’s flatrate premium early in the premium payment year. Because the participant count often is not available until later in the premium payment year, PBGC permits filers to make an ‘‘Estimated flat-rate premium filing.’’ All plans are required to make a ‘‘Comprehensive premium filing.’’ Comprehensive filings are used to report (i) the flat-rate premium and related data (all plans), (ii) the variable-rate premium and related data (singleemployer plans), and (iii) additional data such as identifying information and miscellaneous plan-related or filingrelated data (all plans). For large plans, the Comprehensive filing also serves to reconcile an estimated flat-rate premium paid earlier in the year. PBGC intends to revise the 2013 filing procedures and instructions to: • Provide for revoking a prior election to use the Alternative Premium Funding Target (APFT) to determine unfunded vested benefits (UVBs). (Under PBGC regulations, an election to use the APFT is irrevocable for 5 years; 2008 was the first year that plans were permitted to elect the APFT, so 2013 is the first year for which it is necessary to collect this information.) • Require plan administrators using the APFT to report the ‘‘effective interest rate’’ (defined in section 430(h) PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 of the Internal Revenue Code). PBGC will use this information to update its annual contingency list and financial statements more accurately. • Require that the plan effective date be reported for all plans rather than just new and newly covered plans. This date helps PBGC trace plans that change Employer Identification Number or Plan Number. • Require plan administrators to provide a breakdown of the total premium funding into the same categories of participants used for Schedule SB reporting, i.e., active participants, terminated vested participants, and retirees and beneficiaries receiving payment. PBGC uses the premium funding target to estimate termination liability, e.g., for the annual contingency list, and a breakdown will enable PBGC to make a much better estimate than simply using only the total premium funding target. • Allow a plan administrator to list a second person whom PBGC could contact with questions about a filing. • Reorder and renumber some items on the illustrative form that accompanies and is part of the instructions, and make other minor changes. The collection of information under the regulation has been approved through December 31, 2013, by OMB under control number 1212–0007. PBGC intends to request that OMB approve the revised 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 it will receive 29,800 premium filings per year from 24,500 plan administrators under this collection of information. PBGC further estimates that the average annual burden of this collection of information is 8,200 hours and $54,140,000. PBGC is soliciting public comments to — • 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 methodologies 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 E:\FR\FM\31JAN1.SGM 31JAN1 Federal Register / Vol. 77, No. 20 / Tuesday, January 31, 2012 / Notices use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology. Issued in Washington, DC, this 26th day of January, 2012. John H. Hanley, Director, Legislative and Regulatory Department, Pension Benefit Guaranty Corporation. [FR Doc. 2012–2096 Filed 1–30–12; 8:45 am] BILLING CODE 7709–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–66242; File No.10–206] BOX Options Exchange LLC; Notice of Filing of Application, as Amended, for Registration as a National Securities Exchange Under Section 6 of the Securities Exchange Act of 1934 January 26, 2012. wreier-aviles on DSK5TPTVN1PROD with NOTICES On December 19, 2011, BOX Options Exchange LLC (the ‘‘Applicant’’ or ‘‘BOX Exchange’’) submitted to the Securities and Exchange Commission (‘‘Commission’’) a Form 1 application under the Securities Exchange Act of 1934 (‘‘Exchange Act’’), seeking registration as a national securities exchange under Section 6 of the Exchange Act.1 On December 28, 2011, the Applicant submitted Amendment No. 1 to its Form 1 application.2 The Commission is publishing this notice to solicit comments on the Applicant’s Form 1 application, as amended. The Commission will take these comments into consideration in making its determination about whether to grant the Applicant’s request to be registered as a national securities exchange. The Commission will grant the registration if it finds that the requirements of the Exchange Act and the rules and regulations thereunder with respect to the Applicant are satisfied.3 The Applicant’s Form 1 application, as amended, provides detailed information on how it proposes to satisfy the requirements of the Exchange 1 On January 26, 2012, the Commission issued an order granting the Applicant exemptive relief, subject to certain conditions, in connection with the filing of its Form 1 application. See Securities Exchange Act Release No. 66241. Because the Applicant’s Form 1 application was incomplete without the exemptive relief, the date of filing of such application is January 26, 2012. 2 Amendment No. 1, among other things, provides the unconsolidated financial statements for certain affiliates of the Applicant that are required in Exhibit D to Form 1 but were not included in the Applicant’s initial Form 1 application. In its initial Form 1 application, the Applicant only submitted consolidated financials for certain of these affiliates. 3 15 U.S.C. 78s(a). VerDate Mar<15>2010 15:20 Jan 30, 2012 Jkt 226001 Act. BOX Market LLC (‘‘BOX Market’’), a wholly-owned subsidiary of BOX Holdings Group LLC (‘‘BOX Holdings’’) would own and operate the options trading platform as a facility of the Applicant.. Specifically, BOX Market would operate the Boston Options Exchange (‘‘BOX’’) options trading platform, which would be operated as a facility of the Applicant, as the successor-in-interest to BOX Options Exchange Group, LLC, which currently operates BOX. BOX would be an allelectronic marketplace for the trading of listed options and would not maintain a physical trading floor. Liquidity on BOX would be derived from orders to buy and orders to sell submitted electronically by order flow providers, as well as from market makers, which would have certain market making obligations. The Applicant’s Form 1 application is available at the Commission’s Public Reference Room and www.sec.gov. Interested persons are invited to submit written data, views, and arguments concerning the Applicant’s Form 1 application, as amended, including whether the application is consistent with the Exchange Act. In addition to any other areas for which interested persons may wish to submit comments, the Commission seeks comment on the proposed corporate structure of the Applicant. In order to approve the registration, the Commission must find that the Applicant is ‘‘so organized and has the capacity to be able to carry out the purposes of [the Exchange Act].’’ 4 As noted above, the Applicant, BOX Exchange, would be a separate corporate entity from BOX Market, the owner and operator of its trading facility, BOX. BOX Market would in turn be owned by BOX Holdings. As discussed in further detail in the Form 1 documents, the same persons would own BOX Exchange and BOX Holdings, albeit in different percentages. The Commission requests comment on all aspects of this proposed structure, including: Æ Commenters views on the registration of an entity as a national securities exchange that does not own or operate its trading facility. Æ How, if at all, the proposed corporate structure (including that the Applicant will not own the facility) potentially would impact the ability of the Applicant to carry out its statutory obligations to regulate and oversee BOX. If commenters believe there would be an impact, and that the impact could be detrimental, what, if any, steps do 4 See Section 6(b)(1) of the Exchange Act, 15 U.S.C. 78f(b)(1). PO 00000 Frm 00085 Fmt 4703 Sfmt 4703 4841 commenters think the Commission could take to address the potential impact? Æ How, if at all, the proposed corporate structure potentially would impact the ability of the Commission to carry out its oversight responsibilities with respect to BOX Exchange and its trading facility BOX. Æ What are commenters’ views as to whether the separation of the regulatory and oversight function of the Applicant from the market operations function in the manner proposed would have an impact on the independence of the regulatory function of the Applicant and its ability to fulfill its responsibilities? If commenters believe that there would be an impact, please describe the nature of the impact and the reasoning as to why they believe it would occur. Comments may be submitted by any of the following methods: Electronic Comments • Use the Commission’s Internet comment form (https://www.sec.gov/ rules/sro.shtml); or • Send an email to rulecomments@sec.gov. Please include File Number 10–206) on the subject line. Paper Comments • Send paper comments in triplicate to Elizabeth M. Murphy, Secretary, Securities and Exchange Commission, Station Place, 100 F Street NE., Washington, DC 20549–1090. All submissions should refer to File Number 10–206. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s Internet Web site (https://www.sec.gov/ rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the Applicant’s Form 1 applications filed with the Commission, and all written communications relating to the application between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for Web site viewing and printing in the Commission’s Public Reference Room, 100 F Street NE., Washington, DC 20549, on official business days between the hours of 10 a.m. and 3 p.m. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make E:\FR\FM\31JAN1.SGM 31JAN1

Agencies

Pension Benefit Guaranty Corporation

[Federal Register Volume 77, Number 20 (Tuesday, January 31, 2012)]
[Notices]
[Pages 4839-4841]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-2096]


=======================================================================
-----------------------------------------------------------------------

PENSION BENEFIT GUARANTY CORPORATION


Proposed Submission of Information Collection for OMB Review; 
Comment Request; Payment of Premiums

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of intention to request OMB approval of revised 
collection of information.

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

SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is modifying 
the collection of information under its regulation on Payment of 
Premiums (OMB control number 1212-0007; expires December 31, 2013) and 
intends to request that the Office of Management and Budget (OMB) 
approve the revised collection of information under the Paperwork 
Reduction Act for three years. This notice informs the public of PBGC's 
intent and solicits public comment on the collection of information.

[[Page 4840]]


DATES: Comments must be submitted by April 2, 2012.

ADDRESSES: Comments may be submitted by any of the following methods:
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the Web site instructions for submitting comments.
     Email: paperwork.comments@pbgc.gov.
     Fax: 202-326-4224.
     Mail or Hand Delivery: Legislative and Regulatory 
Department, Pension Benefit Guaranty Corporation, 1200 K Street NW., 
Washington, DC 20005-4026.
    Comments received, including personal information provided, will be 
posted to www.pbgc.gov.
    Copies of the collection of information and comments may be 
obtained without charge by writing to the Disclosure Division, Office 
of General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street 
NW., Washington, DC 20005-4026; visiting the Disclosure Division; 
faxing a request to 202-326-4042; or calling 202-326-4040 during normal 
business hours. (TTY/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 premium payment regulation and the premium instructions (including 
illustrative forms) for 2012 are available at 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. (TTY/TDD users may call the Federal relay 
service toll-free at 1 (800) 877-8339 and ask to be connected to (202) 
326-4024.)

SUPPLEMENTARY INFORMATION: Section 4007 of Title IV of the Employee 
Retirement Income Security Act of 1974 (ERISA) requires pension plans 
covered under Title IV pension insurance programs to pay premiums to 
PBGC. Pursuant to section 4007, PBGC has issued its regulation on 
Payment of Premiums (29 CFR part 4007). Under Sec.  4007.3 of the 
premium payment regulation, plan administrators are required to file 
premium payments and information prescribed by PBGC. Premium 
information must be filed electronically using ``My Plan Administration 
Account'' (``My PAA'') through PBGC's Web site except to the extent 
PBGC grants an exemption for good cause in appropriate circumstances, 
in which case the information must be filed using an approved PBGC 
form. The plan administrator of each pension plan covered by Title IV 
of ERISA is required to submit one or more premium filings for each 
premium payment year. Under Sec.  4007.10 of the premium payment 
regulation, plan administrators are required to retain records about 
premiums and information submitted in premium filings.
    PBGC needs information from premium filings to identify the plans 
for which premiums are paid, to verify whether the amounts paid are 
correct, to help PBGC determine the magnitude of its exposure in the 
event of plan termination, to help track the creation of new plans and 
transfer of participants and plan assets and liabilities among plans, 
and to keep PBGC's insured-plan inventory up to date. That information 
and the retained records are also needed for audit purposes.
    All plans covered by Title IV of ERISA pay a flat-rate per-
participant premium. An underfunded single-employer plan also pays a 
variable-rate premium based on the value of the plan's unfunded vested 
benefits.
    Large-plan filers (i.e., plans that were required to pay premiums 
for 500 or more participants for the prior plan year) are required to 
pay PBGC's flat-rate premium early in the premium payment year. Because 
the participant count often is not available until later in the premium 
payment year, PBGC permits filers to make an ``Estimated flat-rate 
premium filing.''
    All plans are required to make a ``Comprehensive premium filing.'' 
Comprehensive filings are used to report (i) the flat-rate premium and 
related data (all plans), (ii) the variable-rate premium and related 
data (single-employer plans), and (iii) additional data such as 
identifying information and miscellaneous plan-related or filing-
related data (all plans). For large plans, the Comprehensive filing 
also serves to reconcile an estimated flat-rate premium paid earlier in 
the year.
    PBGC intends to revise the 2013 filing procedures and instructions 
to:
     Provide for revoking a prior election to use the 
Alternative Premium Funding Target (APFT) to determine unfunded vested 
benefits (UVBs). (Under PBGC regulations, an election to use the APFT 
is irrevocable for 5 years; 2008 was the first year that plans were 
permitted to elect the APFT, so 2013 is the first year for which it is 
necessary to collect this information.)
     Require plan administrators using the APFT to report the 
``effective interest rate'' (defined in section 430(h) of the Internal 
Revenue Code). PBGC will use this information to update its annual 
contingency list and financial statements more accurately.
     Require that the plan effective date be reported for all 
plans rather than just new and newly covered plans. This date helps 
PBGC trace plans that change Employer Identification Number or Plan 
Number.
     Require plan administrators to provide a breakdown of the 
total premium funding into the same categories of participants used for 
Schedule SB reporting, i.e., active participants, terminated vested 
participants, and retirees and beneficiaries receiving payment. PBGC 
uses the premium funding target to estimate termination liability, 
e.g., for the annual contingency list, and a breakdown will enable PBGC 
to make a much better estimate than simply using only the total premium 
funding target.
     Allow a plan administrator to list a second person whom 
PBGC could contact with questions about a filing.
     Reorder and renumber some items on the illustrative form 
that accompanies and is part of the instructions, and make other minor 
changes.
    The collection of information under the regulation has been 
approved through December 31, 2013, by OMB under control number 1212-
0007. PBGC intends to request that OMB approve the revised 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 it will receive 29,800 premium filings per year 
from 24,500 plan administrators under this collection of information. 
PBGC further estimates that the average annual burden of this 
collection of information is 8,200 hours and $54,140,000.
    PBGC is soliciting public comments to --
     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 methodologies 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

[[Page 4841]]

use of appropriate automated, electronic, mechanical, or other 
technological collection techniques or other forms of information 
technology.

    Issued in Washington, DC, this 26th day of January, 2012.
John H. Hanley,
Director, Legislative and Regulatory Department, Pension Benefit 
Guaranty Corporation.
[FR Doc. 2012-2096 Filed 1-30-12; 8:45 am]
BILLING CODE 7709-01-P

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