Proposed Submission of Information Collection for OMB Review; Comment Request; Annual Reporting (Form 5500 Series), 11501-11502 [2015-04397]
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Federal Register / Vol. 80, No. 41 / Tuesday, March 3, 2015 / Notices
disabilities where appropriate. If you
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need this meeting notice or the
transcript or other information from the
public meetings in another format (e.g.
braille, large print), please notify
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Dated: February 26, 2015.
Glenn Ellmers,
Policy Coordinator, Office of the Secretary.
[FR Doc. 2015–04433 Filed 2–27–15; 11:15 am]
BILLING CODE 7590–01–P
OVERSEAS PRIVATE INVESTMENT
CORPORATION
Sunshine Notice—March 19, 2015
Board of Directors Meeting
Thursday, March 19,
2015, 2 p.m. (Open Portion); 2:15 p.m.
(Closed Portion).
PLACE: Offices of the Corporation,
Twelfth Floor Board Room, 1100 New
York Avenue NW., Washington, DC.
STATUS: Meeting OPEN to the Public
from 2 p.m. to 2:15 p.m. Closed portion
will commence at 2:15 p.m. (approx.)
MATTERS TO BE CONSIDERED:
1. President’s Report
2. Tribute—Rajiv Shah
3. Tribute—Connie M. Downs
4. Minutes of the Open Session of the
December 11, 2014 Board of
Directors Meeting
TIME AND DATE:
mstockstill on DSK4VPTVN1PROD with NOTICES
FURTHER MATTERS TO BE CONSIDERED
(Closed to the Public 2:15 p.m.):
1. Minutes of the Closed Session of the
December 11, 2014 Board of
Directors Meeting
2. Reports
3. Pending Projects
CONTACT PERSON FOR INFORMATION:
Information on the meeting may be
obtained from Connie M. Downs at (202)
336–8438.
VerDate Sep<11>2014
19:24 Mar 02, 2015
Jkt 235001
Dated: February 27, 2015.
Connie M. Downs,
Corporate Secretary, Overseas Private
Investment Corporation.
[FR Doc. 2015–04496 Filed 2–27–15; 4:15 pm]
BILLING CODE 3210–01–P
PENSION BENEFIT GUARANTY
CORPORATION
Proposed Submission of Information
Collection for OMB Review; Comment
Request; Annual Reporting (Form 5500
Series)
Pension Benefit Guaranty
Corporation.
ACTION: Notice of request for extension
of OMB approval, with modifications.
AGENCY:
The Pension Benefit Guaranty
Corporation (PBGC) is requesting that
the Office of Management and Budget
(OMB) extend approval (with
modifications), under the Paperwork
Reduction Act of 1995, of its collection
of information for Annual Reporting
(OMB control number 1212–0057,
expires June 30, 2017). This notice
informs the public of PBGC’s request
and solicits public comment on the
collection of information.
DATES: Comments must be submitted by
April 2, 2015.
ADDRESSES: Comments should be sent to
the Office of Information and Regulatory
Affairs, Office of Management and
Budget, Attention: Desk Officer for
Pension Benefit Guaranty Corporation,
via electronic mail at OIRA_DOCKE@
omb.eop.gov or by fax to (202) 395–
6974.
A copy of the request (including the
collection of information) will be posted
at https://www.pbgc.gov/prac/laws-andregulations/information-collectionsunder-omb-review.html. It may also be
obtained without charge by writing to
the Disclosure Division of the Office of
the General Counsel of PBGC, at the
above address, visiting the Disclosure
Division, faxing a request to 202–326–
4042, or calling 202–326–4040 during
normal business hours. (TTY and TDD
users may call the Federal relay service
toll-free at 1–800–877–8339 and ask to
be connected to 202–326–4040.) The
Disclosure Division will email, fax, or
mail the request to you, at your request.
FOR FURTHER INFORMATION CONTACT:
Grace Kraemer, Attorney, or Catherine
B. Klion, Assistant General Counsel,
Office of the General Counsel, Pension
Benefit Guaranty Corporation, 1200 K
Street NW., Washington, DC 20005–
4026; 202–326–4024. (TTY and TDD
users may call the Federal relay service
SUMMARY:
PO 00000
Frm 00115
Fmt 4703
Sfmt 4703
11501
toll-free at 1–800–877–8339 and ask to
be connected to 202–326–4024.)
SUPPLEMENTARY INFORMATION: The
Employee Retirement Income Security
Act of 1974 (ERISA) contains three
separate sets of provisions—in title I
(Labor provisions), title II (Internal
Revenue Code provisions), and title IV
PBGC provisions)—requiring
administrators of employee benefit
pension and welfare plans (collectively
referred to as employee benefit plans) to
file returns or reports annually with the
federal government.
PBGC, the Department of Labor
(DOL), and the Internal Revenue Service
(IRS) work together to produce the Form
5500 Annual Return/Report for
Employee Benefit Plan and Form 5500–
SF Short Form Annual Return/Report
for Small Employee Benefit Plan (Form
5500 Series), through which the
regulated public can satisfy the
combined reporting/filing requirements
applicable to employee benefit plans.
PBGC is requesting that OMB approve
several modifications to the 2015
Schedule MB (Multiemployer Defined
Benefit Plan and Certain Money
Purchase Plan Actuarial Information)
and instructions and the Schedule SB
(Single-Employer Defined Benefit Plan
Actuarial Information) instructions.
These modifications affect
multiemployer and single-employer
defined benefit plans covered by title IV
of ERISA.
Based on a recommendation made by
practitioners, the Schedule MB is
modified to require plan administrators
of all multiemployer plans to report on
line 4 the funded percentage for
monitoring the plan’s status. Currently,
only plan administrators of
multiemployer plans in critical or
endangered status are required to report
this information on line 4. (Plan
administrators of all multiemployer
plans are currently required to report
information that can be used to
calculate this funded percentage on line
1 of the Schedule MB.)
PBGC is also modifying the Schedule
MB instructions to add RP–2000 and
RP–2000 (with Blue Collar Adjustment)
to the list of mortality tables for nondisabled lives that plans may report as
codes on line 6c. (Plans that use these
mortality tables currently report under
the code for category ‘‘Other’’.) Because
many multiemployer plans use RP–2000
and RP–2000 (with Blue Collar
Adjustment) mortality tables, assigning
specific codes for these mortality tables
would allow the Agencies to identify
plans using these mortality tables.
The Schedule MB and instructions are
also modified to add a new question in
E:\FR\FM\03MRN1.SGM
03MRN1
mstockstill on DSK4VPTVN1PROD with NOTICES
11502
Federal Register / Vol. 80, No. 41 / Tuesday, March 3, 2015 / Notices
line 8b that would require large
multiemployer plans (500 or more total
participants as of the valuation date) to
provide in an attachment a projection of
expected benefit payments to be paid for
the entire plan (not including expected
expenses) for each of the next ten plan
years starting with the plan year to
which the filing relates. For this
purpose plans would assume no
additional accruals, experience (e.g.,
termination, mortality, and retirement)
is consistent with the plan’s valuation
assumptions, and no new entrants
would be covered by the plan.
PBGC is modifying the Schedule SB
instructions to simplify the alternative
age/service scatters that cash balance
plans with 1,000 or more active
participants have an option to report on
an attachment to line 26.
On December 16, 2014, the
Multiemployer Pension Reform Act of
2014, Division O of the Consolidated
and Further Continuing Appropriations
Act, 2015, Public Law 113–235 (MPRA)
was signed into law. As a result of the
statutory changes, PBGC is modifying
the Schedule MB and instructions to
extend the reporting requirements in
line 4 for multiemployer plans in
critical status to plans in critical and
declining status, and to require that
additional information be reported by
plans that have been partitioned or had
benefits suspended. Specifically, plan
administrators of multiemployer plans
in critical and declining status would be
required to provide the following
information:
• Enter in line 4b a new code for
critical and declining status and attach
a copy of the actuarial certification of
such status and also attach an
illustration showing the details
(including year-by-year cash flow
projections demonstrating the solvency
of the plan over the relevant period)
providing support for the actuarial
certification.
• Report in line 4d whether any plan
benefits have been reduced and if so,
enter the reduction in liability resulting
from the reduction in benefits in line 4e.
For a plan that has been partitioned or
had benefits suspended, a full
description of the transaction must be
attached.
• Provide information in line 4f about
the plan year in which the plan is
projected to emerge from critical and
declining status or, if the rehabilitation
plan is based on forestalling possible
insolvency, the plan year in which
insolvency is expected.
The collection of information has
been approved by OMB under control
number 1212–0057 through June 30,
2017. PBGC is requesting that OMB
VerDate Sep<11>2014
19:24 Mar 02, 2015
Jkt 235001
extend its approval for another three
years, with modifications. 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
approximately 24,000 Form 5500 and
Form 5500–SF filings per year under
this collection of information. PBGC
further estimates that the total annual
burden of this collection of information
will be 1,200 hours and $1,407,000.
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
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 25th day of
February 2015.
Judith Starr,
General Counsel, Pension Benefit Guaranty
Corporation.
[FR Doc. 2015–04397 Filed 3–2–15; 8:45 am]
BILLING CODE 7709–02–P
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
Notice is hereby given, pursuant to
the provisions of the Government in the
Sunshine Act, Public Law 94–409, that
the Securities and Exchange
Commission will hold a Closed Meeting
on Thursday, March 5, 2015 at 2 p.m.
Commissioners, Counsel to the
Commissioners, the Secretary to the
Commission, and recording secretaries
will attend the Closed Meeting. Certain
staff members who have an interest in
the matters also may be present.
The General Counsel of the
Commission, or her designee, has
certified that, in her opinion, one or
more of the exemptions set forth in 5
PO 00000
Frm 00116
Fmt 4703
Sfmt 4703
U.S.C. 552b(c)(3), (5), (7), 9(B) and (10)
and 17 CFR 200.402(a)(3), (5), (7), 9(ii)
and (10), permit consideration of the
scheduled matter at the Closed Meeting.
Commissioner Aguilar, as duty
officer, voted to consider the items
listed for the Closed Meeting in closed
session, and determined that no earlier
notice thereof was possible.
The subject matter of the Closed
Meeting will be: Institution and
settlement of injunctive actions;
Institution and settlement of
administrative proceedings;
Consideration of amicus participation;
and Other matters relating to
enforcement proceedings.
At times, changes in Commission
priorities require alterations in the
scheduling of meeting items.
For further information and to
ascertain what, if any, matters have been
added, deleted or postponed, please
contact the Office of the Secretary at
(202) 551–5400.
Dated: February 26, 2015.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2015–04432 Filed 2–27–15; 11:15 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–74377; File No. SR–
NASDAQ–2015–013]
Self-Regulatory Organizations; The
NASDAQ Stock Market LLC; Notice of
Filing of Proposed Rule Change
Relating to the Listing and Trading of
the Shares of the AlphaMark Actively
Managed Small Cap ETF of ETF Series
Solutions
February 25, 2015.
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 February
17, 2015, The NASDAQ Stock Market
LLC (‘‘Nasdaq’’ or the ‘‘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 Nasdaq. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of the Substance
of the Proposed Rule Change
Nasdaq proposes to list and trade the
shares of the AlphaMark Actively
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
E:\FR\FM\03MRN1.SGM
03MRN1
Agencies
[Federal Register Volume 80, Number 41 (Tuesday, March 3, 2015)]
[Notices]
[Pages 11501-11502]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-04397]
=======================================================================
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PENSION BENEFIT GUARANTY CORPORATION
Proposed Submission of Information Collection for OMB Review;
Comment Request; Annual Reporting (Form 5500 Series)
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Notice of request for extension of OMB approval, with
modifications.
-----------------------------------------------------------------------
SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is requesting
that the Office of Management and Budget (OMB) extend approval (with
modifications), under the Paperwork Reduction Act of 1995, of its
collection of information for Annual Reporting (OMB control number
1212-0057, expires June 30, 2017). This notice informs the public of
PBGC's request and solicits public comment on the collection of
information.
DATES: Comments must be submitted by April 2, 2015.
ADDRESSES: Comments should be sent to the Office of Information and
Regulatory Affairs, Office of Management and Budget, Attention: Desk
Officer for Pension Benefit Guaranty Corporation, via electronic mail
at OIRA_DOCKE@omb.eop.gov or by fax to (202) 395-6974.
A copy of the request (including the collection of information)
will be posted at https://www.pbgc.gov/prac/laws-and-regulations/information-collections-under-omb-review.html. It may also be obtained
without charge by writing to the Disclosure Division of the Office of
the General Counsel of PBGC, at the above address, visiting the
Disclosure Division, faxing a request to 202-326-4042, or calling 202-
326-4040 during normal business hours. (TTY and TDD users may call the
Federal relay service toll-free at 1-800-877-8339 and ask to be
connected to 202-326-4040.) The Disclosure Division will email, fax, or
mail the request to you, at your request.
FOR FURTHER INFORMATION CONTACT: Grace Kraemer, Attorney, or Catherine
B. Klion, Assistant General Counsel, Office of the General Counsel,
Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC
20005-4026; 202-326-4024. (TTY and TDD users may call the Federal relay
service toll-free at 1-800-877-8339 and ask to be connected to 202-326-
4024.)
SUPPLEMENTARY INFORMATION: The Employee Retirement Income Security Act
of 1974 (ERISA) contains three separate sets of provisions--in title I
(Labor provisions), title II (Internal Revenue Code provisions), and
title IV PBGC provisions)--requiring administrators of employee benefit
pension and welfare plans (collectively referred to as employee benefit
plans) to file returns or reports annually with the federal government.
PBGC, the Department of Labor (DOL), and the Internal Revenue
Service (IRS) work together to produce the Form 5500 Annual Return/
Report for Employee Benefit Plan and Form 5500-SF Short Form Annual
Return/Report for Small Employee Benefit Plan (Form 5500 Series),
through which the regulated public can satisfy the combined reporting/
filing requirements applicable to employee benefit plans.
PBGC is requesting that OMB approve several modifications to the
2015 Schedule MB (Multiemployer Defined Benefit Plan and Certain Money
Purchase Plan Actuarial Information) and instructions and the Schedule
SB (Single-Employer Defined Benefit Plan Actuarial Information)
instructions. These modifications affect multiemployer and single-
employer defined benefit plans covered by title IV of ERISA.
Based on a recommendation made by practitioners, the Schedule MB is
modified to require plan administrators of all multiemployer plans to
report on line 4 the funded percentage for monitoring the plan's
status. Currently, only plan administrators of multiemployer plans in
critical or endangered status are required to report this information
on line 4. (Plan administrators of all multiemployer plans are
currently required to report information that can be used to calculate
this funded percentage on line 1 of the Schedule MB.)
PBGC is also modifying the Schedule MB instructions to add RP-2000
and RP-2000 (with Blue Collar Adjustment) to the list of mortality
tables for non-disabled lives that plans may report as codes on line
6c. (Plans that use these mortality tables currently report under the
code for category ``Other''.) Because many multiemployer plans use RP-
2000 and RP-2000 (with Blue Collar Adjustment) mortality tables,
assigning specific codes for these mortality tables would allow the
Agencies to identify plans using these mortality tables.
The Schedule MB and instructions are also modified to add a new
question in
[[Page 11502]]
line 8b that would require large multiemployer plans (500 or more total
participants as of the valuation date) to provide in an attachment a
projection of expected benefit payments to be paid for the entire plan
(not including expected expenses) for each of the next ten plan years
starting with the plan year to which the filing relates. For this
purpose plans would assume no additional accruals, experience (e.g.,
termination, mortality, and retirement) is consistent with the plan's
valuation assumptions, and no new entrants would be covered by the
plan.
PBGC is modifying the Schedule SB instructions to simplify the
alternative age/service scatters that cash balance plans with 1,000 or
more active participants have an option to report on an attachment to
line 26.
On December 16, 2014, the Multiemployer Pension Reform Act of 2014,
Division O of the Consolidated and Further Continuing Appropriations
Act, 2015, Public Law 113-235 (MPRA) was signed into law. As a result
of the statutory changes, PBGC is modifying the Schedule MB and
instructions to extend the reporting requirements in line 4 for
multiemployer plans in critical status to plans in critical and
declining status, and to require that additional information be
reported by plans that have been partitioned or had benefits suspended.
Specifically, plan administrators of multiemployer plans in critical
and declining status would be required to provide the following
information:
Enter in line 4b a new code for critical and declining
status and attach a copy of the actuarial certification of such status
and also attach an illustration showing the details (including year-by-
year cash flow projections demonstrating the solvency of the plan over
the relevant period) providing support for the actuarial certification.
Report in line 4d whether any plan benefits have been
reduced and if so, enter the reduction in liability resulting from the
reduction in benefits in line 4e. For a plan that has been partitioned
or had benefits suspended, a full description of the transaction must
be attached.
Provide information in line 4f about the plan year in
which the plan is projected to emerge from critical and declining
status or, if the rehabilitation plan is based on forestalling possible
insolvency, the plan year in which insolvency is expected.
The collection of information has been approved by OMB under
control number 1212-0057 through June 30, 2017. PBGC is requesting that
OMB extend its approval for another three years, with modifications. 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 approximately 24,000 Form 5500
and Form 5500-SF filings per year under this collection of information.
PBGC further estimates that the total annual burden of this collection
of information will be 1,200 hours and $1,407,000.
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 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 25th day of February 2015.
Judith Starr,
General Counsel, Pension Benefit Guaranty Corporation.
[FR Doc. 2015-04397 Filed 3-2-15; 8:45 am]
BILLING CODE 7709-02-P