Agency Information Collection Activities; Submission for OMB Review; Comment Request; Employee Retirement Income Security Act Section 408(b)(2) Regulation, 17079-17080 [2015-07279]

Download as PDF Federal Register / Vol. 80, No. 61 / Tuesday, March 31, 2015 / Notices Information and Regulatory Affairs at the address shown in the ADDRESSES section within thirty (30) days of publication of this notice in the Federal Register. In order to help ensure appropriate consideration, comments should mention OMB Control Number 1220–0157. 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–BLS. Title of Collection: National Longitudinal Survey of Youth 1997. OMB Control Number: 1220–0157. Affected Public: Individuals or Households. Total Estimated Number of Respondents: 7,400. Total Estimated Number of Responses: 8,694 Total Estimated Annual Time Burden: 7,682 hours. Total Estimated Annual Other Costs Burden: $0. Dated: March 25, 2015. Michel Smyth, Departmental Clearance Officer. [FR Doc. 2015–07297 Filed 3–30–15; 8:45 am] BILLING CODE 4510–24–P DEPARTMENT OF LABOR Authority: 44 U.S.C. 3507(a)(1)(D). asabaliauskas on DSK5VPTVN1PROD with NOTICES Agency Information Collection Activities; Submission for OMB Review; Comment Request; Employee Retirement Income Security Act Section 408(b)(2) Regulation Notice. On March 31, 2015, the Department of Labor (DOL) will submit the Employee Benefits Security Administration (EBSA) sponsored SUMMARY: VerDate Sep<11>2014 18:32 Mar 30, 2015 This ICR seeks to extend PRA authority for the Employee Retirement Income Security Act (ERISA) section 408(b)(2) regulation information collection requirements codified in regulations 29 CFR 2550.408(b)(-2(c) that require certain retirement plan service providers to disclose information about their compensation and potential conflicts of interest to responsible plan fiduciaries. These disclosure requirements provide guidance for compliance with a statutory exemption from ERISA SUPPLEMENTARY INFORMATION: Office of the Secretary ACTION: information collection request (ICR) titled, ‘‘Employee Retirement Income Security Act Section 408(b)(2) Regulation,’’ to the Office of Management and Budget (OMB) for review and approval for continued use, without change, in accordance with the Paperwork Reduction Act of 1995 (PRA), 44 U.S.C. 3501 et seq. Public comments on the ICR are invited. DATES: The OMB will consider all written comments that agency receives on or before April 30, 2015. 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 free of charge from the RegInfo.gov Web site at https:// www.reginfo.gov/public/do/PRAView ICR?ref_nbr=201503-1210-002 (this link will only become active on April 1, 2015) or by contacting Michel Smyth by telephone at 202–693–4129, TTY 202– 693–8064, (these are not toll-free numbers) or by email at DOL_PRA_ PUBLIC@dol.gov. Submit comments about this request by mail or courier 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; by Fax: 202– 395–5806 (this is not a toll-free number); or by email: OIRA_ submission@omb.eop.gov. Commenters are encouraged, but not required, to send a courtesy copy of any comments by mail or courier to the U.S. Department of Labor-OASAM, Office of the Chief Information Officer, Attn: Departmental Information Compliance Management Program, Room N1301, 200 Constitution Avenue NW., Washington, DC 20210; or by email: DOL_PRA_PUBLIC@dol.gov. For Further Information: Contact Michel Smyth by telephone at 202–693– 4129, TTY 202–693–8064, (these are not toll-free numbers) or by email at DOL_ PRA_PUBLIC@dol.gov. Jkt 235001 PO 00000 Frm 00055 Fmt 4703 Sfmt 4703 17079 prohibited transaction provisions. Failing to satisfy the 408(b)(2) regulation disclosure requirements may result in provision of services prohibited by ERISA section 406(a)(1)(C), with consequences for both the responsible plan fiduciary and the covered service provider. ERISA section 408(b)(2) authorizes this information collection. See 29 U.S.C. 1108(b)(2). This information collection is 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 that does not 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 1210–0133. OMB authorization for an ICR cannot be for more than three (3) years without renewal, and the current approval for this collection is scheduled to expire on March 31, 2015. The DOL seeks to extend PRA authorization for this information collection for three (3) more years, without any change to existing requirements. The DOL notes that existing information collection requirements submitted to the OMB receive a month-to-month extension while they undergo review. For additional substantive information about this ICR, see the related notice published in the Federal Register on October 15, 2014 (79 FR 61903). Interested parties are encouraged to send comments to the OMB, Office of Information and Regulatory Affairs at the address shown in the ADDRESSES section by April 30, 2015. In order to help ensure appropriate consideration, comments should mention OMB Control Number 1210–0133. 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 E:\FR\FM\31MRN1.SGM 31MRN1 17080 Federal Register / Vol. 80, No. 61 / Tuesday, March 31, 2015 / Notices • 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: Employee Retirement Income Security Act Section 408(b)(2) Regulation. OMB Control Number: 1210–0133. Affected Public: Private Sector— businesses and other for profits. Total Estimated Number of Respondents: 51,000. Total Estimated Number of Responses: 1,472,000. Total Estimated Annual Time Burden: 1,040,000 hours. Total Estimated Annual Other Costs Burden: $1,336,000. Dated: March 25, 2015. Michel Smyth, Departmental Clearance Officer. [FR Doc. 2015–07279 Filed 3–30–15; 8:45 am] Conclusion After careful review of the application, I conclude that the claim is of sufficient weight to justify reconsideration of the U.S. Department of Labor’s prior decision. The application is, therefore, granted. BILLING CODE 4510–29–P DEPARTMENT OF LABOR Employment and Training Administration Signed at Washington, DC, this 10th day of March 2015. Michael W. Jaffe, Certifying Officer, Office of Trade Adjustment Assistance. [TA–W–85,674] asabaliauskas on DSK5VPTVN1PROD with NOTICES Levi Strauss & Co., Eugene, Oregon; Notice of Affirmative Determination Regarding Application for Reconsideration [FR Doc. 2015–07237 Filed 3–30–15; 8:45 am] By application dated on February 6, 2015, a state workforce official requested administrative reconsideration of the negative determination regarding workers’ eligibility to apply for worker adjustment assistance applicable to workers and former workers of Levi Strauss & Company, Eugene, Oregon. The determination was issued on January 14, 2015 and the Notice of Determination was published in the Federal Register on February 18, 2015 (80 FR 8692). Pursuant to 29 CFR 90.18(c) reconsideration may be granted under the following circumstances: (1) If it appears on the basis of facts not previously considered that the determination complained of was erroneous; (2) If it appears that the determination complained of was based on a mistake in the determination of facts not previously considered; or (3) If in the opinion of the Certifying Officer, a misinterpretation of facts or of VerDate Sep<11>2014 18:32 Mar 30, 2015 Jkt 235001 the law justified reconsideration of the decision. The initial investigation resulted in a negative determination based on the findings that worker separations at Levi Strauss & Co., Eugene, Oregon are not attributable to increased imports of articles or a shift in production of articles to a foreign country. The request for reconsideration asserts that although the workers are engaged in service-related activities, the workers perform production forecasting activities and order management support of Levi Strauss’ production of clothing and apparel. The reconsideration application concludes that both activities drive production and has been shifted to a foreign country. The Department of Labor has carefully reviewed the request for reconsideration and the existing record, and has determined that the Department will conduct further investigation to determine if the workers meet the eligibility requirements of the Trade Act of 1974. BILLING CODE 4510–FN–P BILLING CODE 4510–FN–P Employment and Training Administration NATIONAL SCIENCE FOUNDATION Notice of Availability of Funds and Funding Opportunity Announcement for Training To Work 3—Adult Reentry Employment and Training Administration, Labor. ACTION: Funding Opportunity Announcement (FOA). AGENCY: Funding Opportunity Number: FOA– ETA–15–07. SUMMARY: The Employment and Training Administration (ETA), U.S. Department of Labor, announces the availability of approximately $27 million in grant funds authorized by the Workforce Investment Act and the Second Chance Act of 2007 for Training to Work 3—Adult Reentry. ETA plans to award approximately 20 grants of up to Frm 00056 Fmt 4703 Sfmt 4703 Signed March 24, 2015 in Washington, DC. Eric D. Luetkenhaus, Grant Officer/Division Chief, Employment and Training Administration. [FR Doc. 2015–07236 Filed 3–30–15; 8:45 am] DEPARTMENT OF LABOR PO 00000 $1,360,000 each to serve male and female ex-offenders, referred to in the FOA as returning citizens. This FOA provides the opportunity for organizations to develop and implement career pathways programs in demand sectors and occupations for men and women, including veterans, and people with disabilities, who are at least 18 years old and who are enrolled in work release programs. The purpose of this program is to assist returning citizens transition back into their communities by gaining industryrecognized credentials and securing employment. The complete FOA and any subsequent FOA amendments in connection with this solicitation are described in further detail on ETA’s Web site at https://www.doleta.gov/ grants/ or on https://www.grants.gov. The Web sites provide application information, eligibility requirements, review and selection procedures, and other program requirements governing this solicitation. DATES: The closing date for receipt of applications under this announcement is May 1, 2015. Applications must be received no later than 4:00:00 p.m. Eastern Time. FOR FURTHER INFORMATION CONTACT: Brinda Ruggles, 200 Constitution Avenue NW., Room N–4716, Washington, DC 20210; Telephone: 202–693–3437. The Grant Officer for this FOA is Melissa Abdullah. Sunshine Act Meetings; National Science Board The National Science Board’s Committee on Programs and Plans (CPP) and Subcommittee on Facilities (SCF), pursuant to NSF regulations (45 CFR part 614), the National Science Foundation Act, as amended (42 U.S.C. 1862n–5), and the Government in the Sunshine Act (5 U.S.C. 552b), hereby gives notice of the scheduling of a teleconference for the transaction of National Science Board business, as follows: DATE AND TIME: Friday, April 3, 2015 at 1 p.m. EDT. SUBJECT MATTER: Chairmen’s remarks and discussion of NSF’s draft response E:\FR\FM\31MRN1.SGM 31MRN1

Agencies

[Federal Register Volume 80, Number 61 (Tuesday, March 31, 2015)]
[Notices]
[Pages 17079-17080]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-07279]


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

DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Employee Retirement Income Security Act 
Section 408(b)(2) Regulation

ACTION: Notice.

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

SUMMARY: On March 31, 2015, the Department of Labor (DOL) will submit 
the Employee Benefits Security Administration (EBSA) sponsored 
information collection request (ICR) titled, ``Employee Retirement 
Income Security Act Section 408(b)(2) Regulation,'' to the Office of 
Management and Budget (OMB) for review and approval for continued use, 
without change, in accordance with the Paperwork Reduction Act of 1995 
(PRA), 44 U.S.C. 3501 et seq. Public comments on the ICR are invited.

DATES: The OMB will consider all written comments that agency receives 
on or before April 30, 2015.

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 free of charge 
from the RegInfo.gov Web site at https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=201503-1210-002 (this link will only become active 
on April 1, 2015) or by contacting Michel Smyth by telephone at 202-
693-4129, TTY 202-693-8064, (these are not toll-free numbers) or by 
email at DOL_PRA_PUBLIC@dol.gov.
    Submit comments about this request by mail or courier 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; by Fax: 202-395-5806 (this is not a toll-free 
number); or by email: OIRA_submission@omb.eop.gov. Commenters are 
encouraged, but not required, to send a courtesy copy of any comments 
by mail or courier to the U.S. Department of Labor-OASAM, Office of the 
Chief Information Officer, Attn: Departmental Information Compliance 
Management Program, Room N1301, 200 Constitution Avenue NW., 
Washington, DC 20210; or by email: DOL_PRA_PUBLIC@dol.gov.
    For Further Information: Contact Michel Smyth by telephone at 202-
693-4129, TTY 202-693-8064, (these are not toll-free numbers) or by 
email at DOL_PRA_PUBLIC@dol.gov.

    Authority:  44 U.S.C. 3507(a)(1)(D).

SUPPLEMENTARY INFORMATION: This ICR seeks to extend PRA authority for 
the Employee Retirement Income Security Act (ERISA) section 408(b)(2) 
regulation information collection requirements codified in regulations 
29 CFR 2550.408(b)(-2(c) that require certain retirement plan service 
providers to disclose information about their compensation and 
potential conflicts of interest to responsible plan fiduciaries. These 
disclosure requirements provide guidance for compliance with a 
statutory exemption from ERISA prohibited transaction provisions. 
Failing to satisfy the 408(b)(2) regulation disclosure requirements may 
result in provision of services prohibited by ERISA section 
406(a)(1)(C), with consequences for both the responsible plan fiduciary 
and the covered service provider. ERISA section 408(b)(2) authorizes 
this information collection. See 29 U.S.C. 1108(b)(2).
    This information collection is 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 that 
does not 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 1210-0133.
    OMB authorization for an ICR cannot be for more than three (3) 
years without renewal, and the current approval for this collection is 
scheduled to expire on March 31, 2015. The DOL seeks to extend PRA 
authorization for this information collection for three (3) more years, 
without any change to existing requirements. The DOL notes that 
existing information collection requirements submitted to the OMB 
receive a month-to-month extension while they undergo review. For 
additional substantive information about this ICR, see the related 
notice published in the Federal Register on October 15, 2014 (79 FR 
61903).
    Interested parties are encouraged to send comments to the OMB, 
Office of Information and Regulatory Affairs at the address shown in 
the ADDRESSES section by April 30, 2015. In order to help ensure 
appropriate consideration, comments should mention OMB Control Number 
1210-0133. 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

[[Page 17080]]

     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: Employee Retirement Income Security Act 
Section 408(b)(2) Regulation.
    OMB Control Number: 1210-0133.
    Affected Public: Private Sector--businesses and other for profits.
    Total Estimated Number of Respondents: 51,000.
    Total Estimated Number of Responses: 1,472,000.
    Total Estimated Annual Time Burden: 1,040,000 hours.
    Total Estimated Annual Other Costs Burden: $1,336,000.

    Dated: March 25, 2015.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2015-07279 Filed 3-30-15; 8:45 am]
BILLING CODE 4510-29-P
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