Agency Information Collection Activities; Submission for OMB Review; Comment Request; Termination of Abandoned Individual Account Plans, 45379-45380 [2012-18615]
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Federal Register / Vol. 77, No. 147 / Tuesday, July 31, 2012 / Notices
policy requirements and legislative
mandates; innovative cost-saving
strategies; identifying and responding to
the future cost needs of corrections in
the U.S.
Contact Person for More Information:
Shaina Vanek, Executive Assistant,
(202) 514–4222.
DEPARTMENT OF JUSTICE
Office of Justice Programs
[OJP (NIJ) Docket No. 1599]
Increasing the Supply of Forensic
Pathologists in the United States: A
Report and Recommendations
Morris L. Thigpen, Sr.,
Director, National Institute of Corrections.
National Institute of Justice.
ACTION: Notice and request for
comments.
AGENCY:
[FR Doc. 2012–18464 Filed 7–30–12; 8:45 am]
BILLING CODE 4410–36–M
In an effort to obtain
comments from interested parties, the
U.S. Department of Justice, Office of
Justice Programs, National Institute of
Justice, Scientific Working Group for
Medicolegal Death Investigation will
make available to the general public a
draft document entitled, ‘‘Increasing the
Supply of Forensic Pathologists in the
United States: A Report and
Recommendations.’’ The opportunity to
provide comments on this document is
open to coroner/medical examiner office
representatives, law enforcement
agencies, organizations, and all other
stakeholders and interested parties.
Those individuals wishing to obtain and
provide comments on the draft
document under consideration are
directed to the following link: https://
swgmdi.org/index.php?option=com_
content&view=article&id=85&Itemid=
102.
SUMMARY:
Comments must be received on
or before August 22, 2012.
FOR FURTHER INFORMATION CONTACT:
Patricia Kashtan, by telephone at 202–
353–1856 [Note: This is not a toll-free
telephone number], or by email at
Patricia.Kashtan@usdoj.gov.
DATES:
John Laub,
Director, National Institute of Justice.
[FR Doc. 2012–18640 Filed 7–30–12; 8:45 am]
BILLING CODE P
DEPARTMENT OF JUSTICE
National Institute of Corrections
mstockstill on DSK4VPTVN1PROD with NOTICES
Advisory Board Hearing
Time and Date: 8:30 a.m.–5:00 p.m.
on Wednesday, August 22, 2012. 8:30
a.m.–4:00 p.m. on Thursday, August 23,
2012.
Place: U.S. Department of Justice,
Main Conference Center, 7th Floor, 950
Pennsylvania Avenue NW., Washington,
DC 20530, (202) 514–2000.
Matters to Be Considered: Balancing
Fiscal Challenges, Performance-based
Budgeting and Public Safety;
reengineering population management;
cost-effective strategies for meeting
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DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request;
Termination of Abandoned Individual
Account Plans
ACTION:
Notice.
The Department of Labor
(DOL) is submitting the Employee
Benefits Security Administration
(EBSA) sponsored information
collection request (ICR) titled,
‘‘Termination of Abandoned Individual
Account Plans,’’ to the Office of
Management and Budget (OMB) for
review and approval for continued use
in accordance with the Paperwork
Reduction Act (PRA) of 1995 (44 U.S.C.
3501 et seq.).
DATES: Submit comments on or before
August 30, 2012.
ADDRESSES: A copy of this ICR with
applicable supporting documentation;
including a description of the likely
respondents, proposed frequency of
response, and estimated total burden
may be obtained from the RegInfo.gov
Web site, https://www.reginfo.gov/
public/do/PRAMain, on the day
following publication of this notice or
by contacting Michel Smyth by
telephone at 202–693–4129 (this is not
a toll-free number) or sending an email
to DOL_PRA_PUBLIC@dol.gov.
Submit comments about this request
to the Office of Information and
Regulatory Affairs, Attn: OMB Desk
Officer for DOL–EBSA, Office of
Management and Budget, Room 10235,
725 17th Street NW., Washington, DC
20503, Telephone: 202–395–6929/Fax:
202–395–6881 (these are not toll-free
numbers), email:
OIRA_submission@omb.eop.gov.
FOR FURTHER INFORMATION: Contact
Michel Smyth by telephone at 202–693–
4129 (this is not a toll-free number) or
by email at DOL_PRA_PUBLIC@dol.gov.
SUMMARY:
PO 00000
Authority: 44 U.S.C. 3507(a)(1)(D).
Frm 00052
Fmt 4703
Sfmt 4703
45379
OMB
approval of this ICR would continue
PRA authorization for the information
collection requirements contained in
three regulations promulgated under the
Employee Retirement Income Security
Act of 1974 (ERISA) that facilitate the
termination of, and distribution of
benefits from, individual account
pension plans that have been
abandoned by their sponsoring
employers. The first regulation
establishes a procedure for financial
institutions holding the assets of an
abandoned individual account plan to
terminate the plan and distribute
benefits to plan participants and
beneficiaries, with limited liability. The
second regulation provides a fiduciary
safe harbor for making distributions
from terminated plans on behalf of
participants and beneficiaries who fail
to make an election regarding a form of
benefit distribution. The third
regulation establishes a simplified
method for filing a terminal report for
abandoned individual account plans.
The ICR also takes into account to a
class prohibited transaction exemption
(PTE 2006–06) that permits a qualified
termination administrator (QTA) of an
individual account plan that has been
abandoned by its sponsoring employer
to select itself or an affiliate to provide
services to the plan in connection with
the termination of the plan, to pay itself
or an affiliate fees for those services, and
to pay itself for services provided prior
to the plan’s deemed termination, and
class Prohibited Transaction Exemption
2004–16, which are the notice and
recordkeeping requirements contained
in PTE 2004–16, which permits a
pension plan fiduciary that is a financial
institution and is also the employer
maintaining an individual account
pension plan for its employees to
establish, on behalf of its separated
employees, an Individual Retirement
Account (IRA) at a financial institution
that is either the employer or an
affiliate, which IRA would receive
mandatory distributions that the
fiduciary rolls over from the plan when
an employee terminates employment.
These information collections are
subject to the PRA. A Federal agency
generally cannot conduct or sponsor a
collection of information, and the public
is generally not required to respond to
an information collection, unless it is
approved by the OMB under the PRA
and displays a currently valid OMB
Control Number. In addition,
notwithstanding any other provisions of
law, no person shall generally be subject
to penalty for failing to comply with a
collection of information if the
collection of information does not
SUPPLEMENTARY INFORMATION:
E:\FR\FM\31JYN1.SGM
31JYN1
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45380
Federal Register / Vol. 77, No. 147 / Tuesday, July 31, 2012 / Notices
display a valid Control Number. See 5
CFR 1320.5(a) and 1320.6. The DOL
obtains OMB approval for this
information collection under Control
Number 1210–0127. The current
approval is scheduled to expire on July
31, 2012; however, it should be noted
that existing information collection
requirements submitted to the OMB
receive a month-to-month extension
while they undergo review. For
additional information, see the related
notice published in the Federal Register
on April 5, 2012 (77 FR 20650).
Interested parties are encouraged to
send comments to the OMB, Office of
Information and Regulatory Affairs at
the address shown in the ADDRESSES
section within 30 days of publication of
this notice in the Federal Register. In
order to help ensure appropriate
consideration, comments should
mention OMB Control Number 1210–
0127. The OMB 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;
• Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology 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
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology,
e.g., permitting electronic submission of
responses.
Agency: DOL–EBSA.
Title of Collection: Termination of
Abandoned Individual Account Plans.
OMB Control Number: 1210–0127.
Affected Public: Private Sector—
Businesses or other for-profits.
Total Estimated Number of
Respondents: 39,330.
Total Estimated Number of
Responses: 3,102,640.
Total Estimated Annual Burden
Hours: 109,800.
Total Estimated Annual Other Costs
Burden: $1,088,000.
Dated: July 25, 2012.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2012–18615 Filed 7–30–12; 8:45 am]
BILLING CODE 4510–29–P
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Jkt 226001
DEPARTMENT OF LABOR
Employment and Training
Administration
Announcement Regarding States
Triggering ‘‘On’’ and ‘‘Off’’ in the
Emergency Unemployment
Compensation 2008 (EUC08) Program
and the Federal-State Extended
Benefits (EB) Program
Employment and Training
Administration, Labor.
ACTION: Notice.
AGENCY:
Announcement regarding
states triggering ‘‘on’’ and ‘‘off’’ in the
Emergency Unemployment
Compensation 2008 (EUC08) Program
and the Federal-State Extended Benefits
(EB) Program.
The U.S. Department of Labor
(Department) produces trigger notices
indicating which states qualify for both
EB and EUC08 benefits, and provides
the beginning and ending dates of
payable periods for each qualifying
state. The trigger notices covering state
eligibility for these programs can be
found at: https://ows.doleta.gov/
unemploy/claims_arch.asp.
The following changes have occurred
since the publication of the last notice
regarding states’ EB and EUC08 trigger
status:
• Based on data released by the
Bureau of Labor Statistics on June 15,
2012, the three month average,
seasonally adjusted total unemployment
rate for Nevada (11.7%), New Jersey
(9.1%), and Rhode Island (11.1%) did
not meet one of the necessary criteria to
remain on in the EB program: Having a
rate at least ten percent greater than the
comparable rate in any of the three prior
years. This triggered these states ‘‘off’’
the EB program with the week ending
June 16, 2012. The end of the payable
period in Nevada, New Jersey, and
Rhode Island in the EB program was
July 7, 2012.
• Based on data released by the
Bureau of Labor Statistics on June 15,
2012, the three month average,
seasonally adjusted total unemployment
rate for New Mexico and Texas fell
below the 7.0% trigger threshold to
remain ‘‘on’’ in Tier 3 of the EUC 2008
program. As a result, the maximum
potential entitlement for these states in
the EUC program decreased from 47
weeks to 34 weeks. The week ending
July 7, 2012, was the last week in which
EUC claimants in these states could
exhaust Tier 2, and establish Tier 3
eligibility. Under the phase-out
provisions, claimants can receive any
remaining entitlement they have in Tier
3 after July 7, 2012.
SUMMARY:
PO 00000
Frm 00053
Fmt 4703
Sfmt 4703
• Based on data released by the
Bureau of Labor Statistics on June 15,
2012, the three month average,
seasonally adjusted total unemployment
rate for Florida, Georgia, and
Mississippi fell below the 9.0% trigger
threshold to remain ‘‘on’’ in Tier 4 of
the EUC 2008 program. As a result, the
maximum potential entitlement for
these states in the EUC program
decreased from 53 weeks to 47 weeks.
The week ending July 7, 2012, was the
last week in which EUC claimants in
these states could exhaust Tier 3, and
establish Tier 4 eligibility. Under the
phase-out provisions, claimants can
receive any remaining entitlement they
have in Tier 4 after July 7, 2012.
• The week ending June 30, 2012,
concluded a mandatory 13-week ‘‘off’’
period in the Virgin Islands for Tier 3
in the EUC 2008 program. Because the
current estimated trigger rate for the
Virgin Islands is 7.7%, a payable period
in Tier 3 has resumed beginning July 1,
2012, and the first payable week for
eligible claimants there was the week
ending July 7, 2012.
• With the release of national
unemployment data by the Bureau of
Labor Statistics on July 6, 2012, the
estimated three month average,
seasonally adjusted total unemployment
rate for the Virgin Islands rose above the
9.0% threshold necessary to trigger
‘‘on’’ in Tier 4 of the EUC 2008 program.
The 13 week mandatory ‘‘off’’ period for
the Virgin Islands in Tier 4 of the EUC
2008 program concluded May 26, 2012,
so the Virgin Islands triggered ‘‘on’’ to
Tier 4. As a result of this, the maximum
potential entitlement for the Virgin
Islands in the EUC 2008 program will
increase from 47 weeks to 53 weeks.
The week beginning July 22, 2012, will
be the first week in which EUC
claimants in the Virgin Islands who
have exhausted Tier 3, and are
otherwise eligible, can establish Tier 4
eligibility.
Information for Claimants
The duration of benefits payable in
the EUC08 program, and the terms and
conditions under which they are
payable, are governed by Public Laws
110–252, 110–449, 111–5, 111–92, 111–
118, 111–144, 111–157, 111–205, 111–
312, 112–96, and the operating
instructions issued to the states by the
Department. The duration of benefits
payable in the EB program, and the
terms and conditions on which they are
payable, are governed by the FederalState Extended Unemployment
Compensation Act of 1970, as amended,
and the operating instructions issued to
the states by the Department.
E:\FR\FM\31JYN1.SGM
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]]>Agencies
[Federal Register Volume 77, Number 147 (Tuesday, July 31, 2012)]
[Notices]
[Pages 45379-45380]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-18615]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Termination of Abandoned Individual Account
Plans
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of Labor (DOL) is submitting the Employee
Benefits Security Administration (EBSA) sponsored information
collection request (ICR) titled, ``Termination of Abandoned Individual
Account Plans,'' to the Office of Management and Budget (OMB) for
review and approval for continued use in accordance with the Paperwork
Reduction Act (PRA) of 1995 (44 U.S.C. 3501 et seq.).
DATES: Submit comments on or before August 30, 2012.
ADDRESSES: A copy of this ICR with applicable supporting documentation;
including a description of the likely respondents, proposed frequency
of response, and estimated total burden may be obtained from the
RegInfo.gov Web site, https://www.reginfo.gov/public/do/PRAMain, on the
day following publication of this notice or by contacting Michel Smyth
by telephone at 202-693-4129 (this is not a toll-free number) or
sending an email to DOL_PRA_PUBLIC@dol.gov.
Submit comments about this request to the Office of Information and
Regulatory Affairs, Attn: OMB Desk Officer for DOL-EBSA, Office of
Management and Budget, Room 10235, 725 17th Street NW., Washington, DC
20503, Telephone: 202-395-6929/Fax: 202-395-6881 (these are not toll-
free numbers), email: OIRA_submission@omb.eop.gov.
FOR FURTHER INFORMATION: Contact Michel Smyth by telephone at 202-693-
4129 (this is not a toll-free number) or by email at DOL_PRA_PUBLIC@dol.gov.
Authority: 44 U.S.C. 3507(a)(1)(D).
SUPPLEMENTARY INFORMATION: OMB approval of this ICR would continue PRA
authorization for the information collection requirements contained in
three regulations promulgated under the Employee Retirement Income
Security Act of 1974 (ERISA) that facilitate the termination of, and
distribution of benefits from, individual account pension plans that
have been abandoned by their sponsoring employers. The first regulation
establishes a procedure for financial institutions holding the assets
of an abandoned individual account plan to terminate the plan and
distribute benefits to plan participants and beneficiaries, with
limited liability. The second regulation provides a fiduciary safe
harbor for making distributions from terminated plans on behalf of
participants and beneficiaries who fail to make an election regarding a
form of benefit distribution. The third regulation establishes a
simplified method for filing a terminal report for abandoned individual
account plans.
The ICR also takes into account to a class prohibited transaction
exemption (PTE 2006-06) that permits a qualified termination
administrator (QTA) of an individual account plan that has been
abandoned by its sponsoring employer to select itself or an affiliate
to provide services to the plan in connection with the termination of
the plan, to pay itself or an affiliate fees for those services, and to
pay itself for services provided prior to the plan's deemed
termination, and class Prohibited Transaction Exemption 2004-16, which
are the notice and recordkeeping requirements contained in PTE 2004-16,
which permits a pension plan fiduciary that is a financial institution
and is also the employer maintaining an individual account pension plan
for its employees to establish, on behalf of its separated employees,
an Individual Retirement Account (IRA) at a financial institution that
is either the employer or an affiliate, which IRA would receive
mandatory distributions that the fiduciary rolls over from the plan
when an employee terminates employment.
These information collections are subject to the PRA. A Federal
agency generally cannot conduct or sponsor a collection of information,
and the public is generally not required to respond to an information
collection, unless it is approved by the OMB under the PRA and displays
a currently valid OMB Control Number. In addition, notwithstanding any
other provisions of law, no person shall generally be subject to
penalty for failing to comply with a collection of information if the
collection of information does not
[[Page 45380]]
display a valid Control Number. See 5 CFR 1320.5(a) and 1320.6. The DOL
obtains OMB approval for this information collection under Control
Number 1210-0127. The current approval is scheduled to expire on July
31, 2012; however, it should be noted that existing information
collection requirements submitted to the OMB receive a month-to-month
extension while they undergo review. For additional information, see
the related notice published in the Federal Register on April 5, 2012
(77 FR 20650).
Interested parties are encouraged to send comments to the OMB,
Office of Information and Regulatory Affairs at the address shown in
the ADDRESSES section within 30 days of publication of this notice in
the Federal Register. In order to help ensure appropriate
consideration, comments should mention OMB Control Number 1210-0127.
The OMB 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;
Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology 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 use of appropriate
automated, electronic, mechanical, or other technological collection
techniques or other forms of information technology, e.g., permitting
electronic submission of responses.
Agency: DOL-EBSA.
Title of Collection: Termination of Abandoned Individual Account
Plans.
OMB Control Number: 1210-0127.
Affected Public: Private Sector--Businesses or other for-profits.
Total Estimated Number of Respondents: 39,330.
Total Estimated Number of Responses: 3,102,640.
Total Estimated Annual Burden Hours: 109,800.
Total Estimated Annual Other Costs Burden: $1,088,000.
Dated: July 25, 2012.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2012-18615 Filed 7-30-12; 8:45 am]
BILLING CODE 4510-29-P
