Submission of Information Collections for OMB Review; Comment Request; Reportable Events; Notice of Failure To Make Required Contributions, 7619-7620 [2012-3306]
Download as PDF
<![CDATA[
Federal Register / Vol. 77, No. 29 / Monday, February 13, 2012 / Notices
The entire meeting will be open to
public attendance, with the exception of
a portion that may be closed pursuant
to 5 U.S.C. 552b(c)(2) and (6) to discuss
organizational and personnel matters
that relate solely to the internal
personnel rules and practices of the
ACRS, and information the release of
which would constitute a clearly
unwarranted invasion of personal
privacy.
The agenda for the subject meeting
shall be as follows:
erowe on DSK2VPTVN1PROD with NOTICES
Wednesday, March 7, 2012—12 p.m.
Until 1 p.m.
The Subcommittee will discuss
proposed ACRS activities and related
matters. 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), Antonio Dias
(Telephone 301–415–6805 or Email:
Antonio. Dias@nrc.gov) five days prior
to the meeting, if possible, so that
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 64126–
64127).
Information regarding changes to the
agenda, whether the meeting has been
canceled or rescheduled, and the time
allotted to present oral statements can
be obtained 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
the DFO 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
VerDate Mar<15>2010
14:46 Feb 10, 2012
Jkt 226001
Brown (240–888–9835) to be escorted to
the meeting room.
Dated: February 6, 2012.
Cayetano Santos,
Chief, Reactor Safety Branch, Advisory
Committee on Reactor Safeguards.
[FR Doc. 2012–3270 Filed 2–10–12; 8:45 am]
BILLING CODE 7590–01–P
PENSION BENEFIT GUARANTY
CORPORATION
Submission of Information Collections
for OMB Review; Comment Request;
Reportable Events; Notice of Failure
To Make Required Contributions
Pension Benefit Guaranty
Corporation.
ACTION: Notice of request for OMB
approval.
AGENCY:
The Pension Benefit Guaranty
Corporation (PBGC) is requesting that
the Office of Management and Budget
(OMB) extend approval, under the
Paperwork Reduction Act, of two
collections of information under PBGC’s
regulation on Reportable Events and
Certain Other Notification Requirements
(OMB control numbers 1212–0013 and
1212–0041, expiring March 31, 2012).
This notice informs the public of
PBGC’s request and solicits public
comment on the collections of
information.
SUMMARY:
Comments must be submitted by
March 14, 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 collections of
information and comments may be
obtained without charge by writing to
Disclosure Division, Office of the
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–
DATES:
PO 00000
Frm 00055
Fmt 4703
Sfmt 4703
7619
877–8339 and ask to be connected to
202–326–4040.) The reportable events
regulation, forms, and instructions 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: On
November 23, 2009, PBGC published (at
74 FR 61248) a proposed rule to amend
the reportable events regulation to
accommodate changes to the variablerate premium rules made pursuant to
the Pension Protection Act of 2006 (PPA
2006). The rule also proposed to
eliminate most automatic waivers and
filing extensions, create two new
reportable events based on provisions in
PPA 2006, and make other changes to
the reportable events regulation as well
as conforming changes. Public comment
on the proposed rule was directed
primarily at the proposed elimination of
the waivers and extensions and was
generally negative. In response to the
comments and in the spirit of Executive
Order 13563 on Improving Regulation
and Regulatory Review, PBGC plans to
issue a new proposal that will more
effectively target troubled plans and
sponsors while reducing burden for
those that are financially sound. PBGC
is requesting OMB to extend approval of
the existing information collections
since current approval will expire in
March 2012.
Section 4043 of the Employee
Retirement 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
PBGC’s losses.
Section 303(k) of ERISA and section
430(k) of the Internal Revenue Code of
1986 (Code) impose a lien in favor of an
underfunded single-employer plan that
is covered by the termination insurance
E:\FR\FM\13FEN1.SGM
13FEN1
erowe on DSK2VPTVN1PROD with NOTICES
7620
Federal Register / Vol. 77, No. 29 / Monday, February 13, 2012 / Notices
program under title IV of ERISA if (1)
any person fails to make a contribution
payment when due, and (2) the unpaid
balance of that payment (including
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 that 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.
The provisions of section 4043 of
ERISA and of sections 303(k) of ERISA
and 430(k) of the Code have been
implemented in PBGC’s regulation on
Reportable Events and Certain Other
Notification Requirements (29 CFR part
4043). Subparts B and C of the
regulation deal with reportable events,
and subpart D deals with failures to
make required contributions.
PBGC has issued Forms 10 and 10–
Advance and related instructions under
subparts B and C (approved under OMB
control number 1212–0013) and Form
200 and related instructions under
subpart D (approved under OMB control
number 1212–0041). OMB approval of
both of these collections of information
expires March 31, 2012. PBGC is
requesting that OMB extend its approval
for three years, with minor changes. 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
1,030 reportable event notices per year
under subparts B and C of the reportable
events regulation using Forms 10 and
10–Advance and that the average annual
burden of this collection of information
is 5,400 hours and $822,000. PBGC
estimates that it will receive 110 notices
of failure to make required contributions
per year under subpart D of the
reportable events regulation using Form
200 and that the average annual burden
of this collection of information is 670
hours and $102,000.
VerDate Mar<15>2010
14:46 Feb 10, 2012
Jkt 226001
PBGC is soliciting public comments
to—
• Evaluate whether the proposed
collections of information are 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 collections 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
collections 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.
Issued in Washington, DC, this 7th day of
February, 2012.
John H. Hanley,
Director, Legislative and Regulatory
Department, Pension Benefit Guaranty
Corporation.
[FR Doc. 2012–3306 Filed 2–10–12; 8:45 am]
BILLING CODE 7709–01–P
that are required to file documents
electronically. Approximately 50
registrants file Form SE and it takes an
estimated 0.10 hours per response for a
total annual burden of 5 hours.
Written comments are invited on:
(a) Whether this proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden imposed by the collection
of information; (c) ways to enhance the
quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology. Consideration will be given
to comments and suggestions submitted
in writing within 60 days of this
publication.
Please direct your written comments
to Thomas Bayer, Director/Chief
Information Officer, c/o Remi PavlikSimon, 6432 General Green Way,
Alexandria, Virginia 22312; or send an
email to: PRA_Mailbox@sec.gov.
Dated: February 7, 2012.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2012–3220 Filed 2–10–12; 8:45 am]
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Form SE., OMB Control No. 3235–0327,
SEC File No. 270–289.
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for approval.
Form SE (17 CFR 239.64) is used by
registrants to file paper copies of
exhibits, reports or other documents
that would be difficult or impossible to
submit electronically. The information
contained in Form SE is used by the
Commission to identify paper copies of
exhibits. Form SE is filed by
individuals, companies or other entities
PO 00000
Frm 00056
Fmt 4703
Sfmt 4703
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 3369; February 7, 2012; File
No.: 801–71579]
In the Matter of Gravity Capital
Partners, LLC, 6400 S. Fiddlers Green
Circle, Suite 1900, Greenwood Village,
CO 80111; Notice of Intention To
Cancel Registration Pursuant to
Section 203(h) of the Investment
Advisers Act of 1940
Notice is given that the Securities and
Exchange Commission (the
‘‘Commission’’) intends to issue an
order, pursuant to Section 203(h) of the
Investment Advisers Act of 1940 (the
‘‘Act’’), cancelling the registration of
Gravity Capital Partners, LLC,
hereinafter referred to as the registrant.
Section 203(h) provides, in pertinent
part, that if the Commission finds that
any person registered under Section
203, or who has pending an application
for registration filed under that section,
is no longer in existence, is not engaged
in business as an investment adviser, or
is prohibited from registering as an
investment adviser under section 203A,
E:\FR\FM\13FEN1.SGM
13FEN1
]]>Agencies
[Federal Register Volume 77, Number 29 (Monday, February 13, 2012)]
[Notices]
[Pages 7619-7620]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-3306]
=======================================================================
-----------------------------------------------------------------------
PENSION BENEFIT GUARANTY CORPORATION
Submission of Information Collections for OMB Review; Comment
Request; Reportable Events; Notice of Failure To Make Required
Contributions
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Notice of request for 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 two collections of information under
PBGC's regulation on Reportable Events and Certain Other Notification
Requirements (OMB control numbers 1212-0013 and 1212-0041, expiring
March 31, 2012). This notice informs the public of PBGC's request and
solicits public comment on the collections of information.
DATES: Comments must be submitted by March 14, 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 collections of information and comments may be
obtained without charge by writing to Disclosure Division, Office of
the 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 reportable events regulation, forms, and instructions 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: On November 23, 2009, PBGC published (at 74
FR 61248) a proposed rule to amend the reportable events regulation to
accommodate changes to the variable-rate premium rules made pursuant to
the Pension Protection Act of 2006 (PPA 2006). The rule also proposed
to eliminate most automatic waivers and filing extensions, create two
new reportable events based on provisions in PPA 2006, and make other
changes to the reportable events regulation as well as conforming
changes. Public comment on the proposed rule was directed primarily at
the proposed elimination of the waivers and extensions and was
generally negative. In response to the comments and in the spirit of
Executive Order 13563 on Improving Regulation and Regulatory Review,
PBGC plans to issue a new proposal that will more effectively target
troubled plans and sponsors while reducing burden for those that are
financially sound. PBGC is requesting OMB to extend approval of the
existing information collections since current approval will expire in
March 2012.
Section 4043 of the Employee Retirement 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 PBGC's losses.
Section 303(k) of ERISA and section 430(k) of the Internal Revenue
Code of 1986 (Code) impose a lien in favor of an underfunded single-
employer plan that is covered by the termination insurance
[[Page 7620]]
program under title IV of ERISA if (1) any person fails to make a
contribution payment when due, and (2) the unpaid balance of that
payment (including 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 that 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.
The provisions of section 4043 of ERISA and of sections 303(k) of
ERISA and 430(k) of the Code have been implemented in PBGC's regulation
on Reportable Events and Certain Other Notification Requirements (29
CFR part 4043). Subparts B and C of the regulation deal with reportable
events, and subpart D deals with failures to make required
contributions.
PBGC has issued Forms 10 and 10-Advance and related instructions
under subparts B and C (approved under OMB control number 1212-0013)
and Form 200 and related instructions under subpart D (approved under
OMB control number 1212-0041). OMB approval of both of these
collections of information expires March 31, 2012. PBGC is requesting
that OMB extend its approval for three years, with minor changes. 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 1,030 reportable event notices
per year under subparts B and C of the reportable events regulation
using Forms 10 and 10-Advance and that the average annual burden of
this collection of information is 5,400 hours and $822,000. PBGC
estimates that it will receive 110 notices of failure to make required
contributions per year under subpart D of the reportable events
regulation using Form 200 and that the average annual burden of this
collection of information is 670 hours and $102,000.
PBGC is soliciting public comments to--
Evaluate whether the proposed collections of information
are 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 collections 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 collections 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.
Issued in Washington, DC, this 7th day of February, 2012.
John H. Hanley,
Director, Legislative and Regulatory Department, Pension Benefit
Guaranty Corporation.
[FR Doc. 2012-3306 Filed 2-10-12; 8:45 am]
BILLING CODE 7709-01-P
