Proposed Collection; Comment Request, 17298-17300 [2017-07067]
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17298
Federal Register / Vol. 82, No. 67 / Monday, April 10, 2017 / Notices
RAILROAD RETIREMENT BOARD
Agency Forms Submitted for OMB
Review, Request for Comments
Summary: In accordance with the
Paperwork Reduction Act of 1995 (44
U.S.C. Chapter 35), the Railroad
Retirement Board (RRB) is forwarding
an Information Collection Request (ICR)
to the Office of Information and
Regulatory Affairs (OIRA), Office of
Management and Budget (OMB). Our
ICR describes the information we seek
to collect from the public. Review and
approval by OIRA ensures that we
impose appropriate paperwork burdens.
The RRB invites comments on the
proposed collection of information to
determine (1) the practical utility of the
collection; (2) the accuracy of the
estimated burden of the collection; (3)
ways to enhance the quality, utility, and
clarity of the information that is the
subject of collection; and (4) ways to
minimize the burden of collections on
respondents, including the use of
automated collection techniques or
other forms of information technology.
Comments to the RRB or OIRA must
contain the OMB control number of the
ICR. For proper consideration of your
comments, it is best if the RRB and
OIRA receive them within 30 days of
the publication date.
Title and purpose of information
collection: Continuing Disability Report;
OMB 3220–0187. Under Section 2 of the
Railroad Retirement Act, an annuity is
not payable or is reduced for any month
in which the annuitant works for a
railroad or earns more than prescribed
dollar amounts from either non-railroad
employment or self-employment.
Certain types of work may indicate an
annuitant’s recovery from disability.
The provisions relating to the reduction
or non-payment of an annuity by reason
of work, and an annuitant’s recovery
from disability for work, are prescribed
in 20 CFR 220.17–220.20. The RRB
conducts continuing disability reviews
(CDR) to determine whether an
annuitant continues to meet the
disability requirements of the law.
Provisions relating to when and how
often the RRB conducts CDR’s are
prescribed in 20 CFR 220.186.
Form G–254, Continuing Disability
Report, is used by the RRB to develop
information for a CDR determination,
including a determination prompted by
a report of work, return to railroad
service, allegation of medical
improvement, or a routine disability
review call-up. Form G–254a,
Continuing Disability Update Report, is
used to help identify a disability
annuitant whose work activity and/or
recent medical history warrants
completion of Form G–254 for a more
extensive review.
Completion is required to retain a
benefit. One response is requested of
each respondent to Forms G–254 and G–
254a.
Previous Requests for Comments: The
RRB has already published the initial
60-day notice (82 FR 8961 on February
1, 2017) required by 44 U.S.C.
3506(c)(2). That request elicited no
comments.
Information Collection Request (ICR)
Title: Continuing Disability Report.
OMB Control Number: 3220–0187.
Forms Submitted: G–254 and G–254a.
Type of Request: Revision of a
currently approved collection.
Affected Public: Individuals or
Households.
Abstract: Under the Railroad
Retirement Act, a disability annuity can
be reduced or not paid, depending on
the amount of earnings and type of work
performed. The collection obtains
information about a disabled annuitant’s
employment and earnings.
Changes proposed: The RRB proposes
the following changes:
Significant changes are proposed to
Form G–254 in support of the RRB’s
Disability Program Improvement Project
(DPIP) to enhance/improve disability
case processing and overall program
integrity as recommended by the RRB’s
Office of Inspector General and the
Government Accountability Office.
Proposed revisions/additions include:
• Providing, in Item 31a, more
descriptive labels (Easy, Difficult, Hard,
Not at All, and N.A.) to help identify the
applicant’s ability to perform an
activity.
Æ Requesting information on four
new activity items (Sitting, Standing,
Reading, and Writing), to be consistent
with other RRB disability forms.
• New Item 31b, which requests the
applicant to provide additional
information about their daily activities.
• Requesting, in Item 31d, when a
disability annuitant uses an assistive
device (wheelchair, cane, etc.).
• Minor, non-burden impacting
editorial and formatting changes.
The RRB also proposes the addition of
new Form RL–8A, Occupational
Disability Certification, which the RRB
will use to annually monitor
occupational disability annuitants who
meet certain criteria. The form will
require that the annuitant certify that
they are still disabled in order to
continue receiving their occupational
disability annuities. Form RL–8 will be
used to transmit the Form RL–8A. The
Paperwork Reduction Act and Privacy
Act Notices are on Form RL–8A.
The RRB proposes no changes to
Form G–254a.
The burden estimate for the ICR is as
follows:
Annual
responses
Form No.
Time
(minutes)
Burden
(hours)
1,500
1,500
400
5–35
5
15
623
125
100
Total ......................................................................................................................................
asabaliauskas on DSK3SPTVN1PROD with NOTICES
G–254 ..........................................................................................................................................
G–254A ........................................................................................................................................
RL–8A ..........................................................................................................................................
3,400
........................
848
Additional Information or Comments:
Copies of the forms and supporting
documents can be obtained from Dana
Hickman at (312) 751–4981 or
Dana.Hickman@RRB.GOV.
Comments regarding the information
collection should be addressed to Brian
Foster, Railroad Retirement Board, 844
North Rush Street, Chicago, Illinois
60611–1275 or Brian.Foster@rrb.gov and
VerDate Sep<11>2014
20:02 Apr 07, 2017
Jkt 241001
to the OMB Desk Officer for the RRB,
Fax: 202–395–6974, Email address:
OIRA_Submission@omb.eop.gov.
For the Board.
Martha P. Rico,
Secretary to the Board.
[FR Doc. 2017–07068 Filed 4–7–17; 8:45 am]
BILLING CODE 7905–01–P
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RAILROAD RETIREMENT BOARD
Proposed Collection; Comment
Request
Summary: In accordance with the
requirement of Section 3506(c)(2)(A) of
the Paperwork Reduction Act of 1995
which provides opportunity for public
comment on new or revised data
collections, the Railroad Retirement
E:\FR\FM\10APN1.SGM
10APN1
17299
Federal Register / Vol. 82, No. 67 / Monday, April 10, 2017 / Notices
Board (RRB) will publish periodic
summaries of proposed data collections.
Comments are invited on: (a) Whether
the proposed information collection is
necessary for the proper performance of
the functions of the agency, including
whether the information has practical
utility; (b) the accuracy of the RRB’s
estimate of the burden of the collection
of the information; (c) ways to enhance
the quality, utility, and clarity of the
information to be collected; and (d)
ways to minimize the burden related to
the collection of information on
respondents, including the use of
automated collection techniques or
other forms of information technology.
1. Title and purpose of information
collection: Financial Disclosure
Statement; OMB 3220–0127.
Under Section 10 of the Railroad
Retirement Act and Section 2(d) of the
Railroad Unemployment Insurance Act,
the RRB may recover overpayments of
annuities, pensions, death benefits,
unemployment benefits, and sickness
benefits that were made erroneously. An
overpayment may be waived if the
beneficiary was not at fault in causing
the overpayment and recovery would
cause financial hardship. The
regulations for the recovery and waiver
of erroneous payments are contained in
20 CFR 255 and CFR 340.
The RRB utilizes Form DR–423,
Financial Disclosure Statement, to
obtain information about the overpaid
beneficiary’s income, debts, and
expenses if that person indicates that
(s)he cannot make restitution for the
overpayment. The information is used
to determine if the overpayment should
be waived as wholly or partially
uncollectible. If waiver is denied, the
information is used to determine the
size and frequency of installment
payments. The beneficiary is made
aware of the overpayment by letter and
is offered a variety of methods for
recovery. One response is requested of
each respondent. Completion is
voluntary. However, failure to provide
the requested information may result in
a denial of the waiver request. The RRB
proposes no changes to Form DR–423.
ESTIMATE OF ANNUAL RESPONDENT BURDEN
Form No.
Annual
responses
Time
(minutes)
Burden
(hours)
DR–423 ........................................................................................................................................
1,200
85
1,700
2. Title and purpose of information
collection: Representative Payee
Parental Custody Monitoring; OMB
3220–0176.
Under Section 12(a) of the Railroad
Retirement Act (RRA), the Railroad
Retirement Board (RRB) is authorized to
select, make payments to, and to
conduct transactions with, a
beneficiary’s relative or some other
person willing to act on behalf of the
beneficiary as a representative payee.
The RRB is responsible for determining
if direct payment to the beneficiary or
payment to a representative payee
would best serve the beneficiary’s
interest. Inherent in the RRB’s
authorization to select a representative
payee is the responsibility to monitor
the payee to assure that the beneficiary’s
interests are protected. The RRB utilizes
Form G–99D, Parental Custody Report,
to obtain information needed to verify
that a parent-for-child representative
payee still has custody of the child. One
response is required from each
respondent. The RRB proposes no
changes to Form G–99D.
ESTIMATE OF ANNUAL RESPONDENT BURDEN
Annual
responses
Form No.
Time
(minutes)
Burden
(hours)
800
5
67
Total ......................................................................................................................................
asabaliauskas on DSK3SPTVN1PROD with NOTICES
G–99d ..........................................................................................................................................
800
........................
67
3. Title and purpose of information
collection: Statement Regarding
Contributions and Support of Children;
OMB 3220–0195.
Section 2(d)(4) of the Railroad
Retirement Act (RRA), provides, in part,
that a child is deemed dependent if the
conditions set forth in Section 202(d)(3),
(4) and (9) of the Social Security Act are
met. Section 202(d)(4) of the Social
Security Act, as amended by Public Law
104–121, requires as a condition of
dependency, that a child receives onehalf of his or her support from the
stepparent. This dependency impacts
upon the entitlement of a spouse or
survivor of an employee whose
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20:02 Apr 07, 2017
Jkt 241001
entitlement is based upon having a
stepchild of the employee in care, or on
an individual seeking a child’s annuity
as a stepchild of an employee.
Therefore, depending on the employee
for at least one-half support is a
condition affecting eligibility for
increasing an employee or spouse
annuity under the social security overall
minimum provisions on the basis of the
presence of a dependent child, the
employee’s natural child in limited
situations, adopted children,
stepchildren, grandchildren, stepgrandchildren and equitably adopted
children. The regulations outlining
child support and dependency
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requirements are prescribed in 20 CFR
222.50–57.
In order to correctly determine if an
applicant is entitled to a child’s annuity
based on actual dependency, the RRB
uses Form G–139, Statement Regarding
Contributions and Support of Children,
to obtain financial information needed
to make a comparison between the
amount of support received from the
railroad employee and the amount
received from other sources. Completion
is required to obtain a benefit. One
response is required of each respondent.
The RRB proposes no changes to Form
G–139.
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Federal Register / Vol. 82, No. 67 / Monday, April 10, 2017 / Notices
ESTIMATE OF ANNUAL RESPONDENT BURDEN
Form No.
Annual
responses
Time
(minutes)
Burden
(hours)
G–139 ..........................................................................................................................................
500
60
500
Additional Information or Comments:
To request more information or to
obtain a copy of the information
collection justification, forms, and/or
supporting material, contact Dana
Hickman at (312) 751–4981 or
Dana.Hickman@RRB.GOV. Comments
regarding the information collection
should be addressed to Brian Foster,
Railroad Retirement Board, 844 North
Rush Street, Chicago, Illinois 60611–
1275 or emailed to Brian.Foster@rrb.gov.
Written comments should be received
within 60 days of this notice.
For the Board.
Martha P. Rico,
Secretary to the Board.
[FR Doc. 2017–07067 Filed 4–7–17; 8:45 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–80378; File No. S7–03–14]
Order Granting a Temporary
Exemption to Covered Clearing
Agencies From Compliance With Rule
17Ad–22(e)(3)(ii) and Certain
Requirements in Rules 17Ad–
22(e)(15)(i) and (ii) Under the Securities
Exchange Act of 1934
April 5, 2017.
I. Introduction
asabaliauskas on DSK3SPTVN1PROD with NOTICES
On September 28, 2016, the Securities
and Exchange Commission
(‘‘Commission’’) adopted amendments
to Rule 17Ad–22 pursuant to Section
17A of the Securities Exchange Act of
1934 (‘‘Exchange Act’’) and Title VIII of
the Dodd-Frank Wall Street Reform and
Consumer Protection Act of 2010.1
Among other things, the amendments
added new Rule 17Ad–22(e), which
establishes an enhanced regulatory
framework for registered clearing
agencies that meet the definition of a
covered clearing agency.2 The
1 See Exchange Act Release No. 34–78961 (Sept.
28, 2016), 81 FR 70786 (Oct. 13, 2016) (‘‘CCA
Standards Adopting Release’’).
2 Under Rule 17Ad–22(a)(5), ‘‘covered clearing
agency’’ means (i) a designated clearing agency or
(ii) a clearing agency involved in activities with a
more complex risk profile for which the Commodity
Futures Trading Commission is not the supervisory
agency as defined in Section 803(8) of the Payment,
Clearing, and Settlement Supervision Act of 2010
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20:02 Apr 07, 2017
Jkt 241001
amendments to Rule 17Ad–22 became
effective on December 12, 2016, and
covered clearing agencies must be in
compliance with the amendments by
April 11, 2017.3 For the reasons
discussed below, the Commission is
using its authority under Section
17A(b)(1) of the Exchange Act to grant
covered clearing agencies a temporary
exemption from compliance with Rule
17Ad–22(e)(3)(ii) and certain
requirements in Rules 17Ad–22(e)(15)(i)
and (ii) until December 31, 2017.
II. Background
Rule 17Ad–22(e) generally requires a
covered clearing agency to establish,
implement, maintain, and enforce
written policies and procedures
reasonably designed to address, among
other things, its governance
arrangements and risk management
framework.4 Rule 17Ad–22(e)(3)
requires a covered clearing agency to
establish, implement, maintain and
enforce policies and procedures
reasonably designed to maintain a
sound risk management framework for
comprehensively managing legal, credit,
liquidity, operational, general business,
investment, custody, and other risks
that arise in or are borne by the covered
clearing agency, and which, among
other things, includes plans for recovery
and orderly wind-down of the covered
clearing agency necessitated by credit
losses, liquidity shortfalls, losses from
general business risk, or any other
(‘‘Clearing Supervision Act’’). See 17 CFR
240.17Ad–22(a)(5).
In addition, Rule 17Ad–22(a)(6) defines
‘‘designated clearing agency’’ to mean a clearing
agency registered with the Commission under
Section 17A of the Exchange Act that is designated
systemically important by the Financial Stability
Oversight Council pursuant to the Clearing
Supervision Act and for which the Commission is
the supervisory agency as defined in Section 803(8)
of the Clearing Supervision Act. Rule 17Ad–22(a)(4)
defines ‘‘clearing agency involved in activities with
a more complex risk profile’’ to mean a clearing
agency registered with the Commission under
Section 17A of the Exchange Act that: (i) Provides
central counterparty (‘‘CCP’’) services for securitybased swaps; (ii) has been determined by the
Commission to be involved in activities with a more
complex risk profile at the time of its initial
registration; or (iii) is subsequently determined by
the Commission to be involved in activities with a
more complex risk profile pursuant to Rule 17Ab2–
2(b) under the Exchange Act. See 17 CFR
240.17Ad–22(a)(4), (6).
3 See CCA Standards Adopting Release at 70848.
4 See id. at 70792.
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losses.5 In adopting Rule 17Ad–
22(e)(3)(ii), the Commission stated its
belief that recovery and wind-down
plans, and material changes thereto,
would constitute a proposed rule
change under Section 19(b) of the
Exchange Act and, for designated
clearing agencies, an advance notice
under the Clearing Supervision Act,
subjecting them to Commission review
and public comment.6
In addition, Rule 17Ad–22(e)(15)
requires a covered clearing agency to
establish, implement, maintain and
enforce written policies and procedures
reasonably designed to identify,
monitor, and manage the covered
clearing agency’s general business risk
and hold sufficient liquid net assets
funded by equity to cover potential
general business losses so that the
covered clearing agency can continue
operations and services as a going
concern if those losses materialize,
including, among other things, by (i)
determining the amount of liquid net
assets funded by equity based upon its
general business risk profile and the
length of time required to achieve a
recovery or orderly wind-down, as
appropriate, of its critical operations
and services if such action is taken and
(ii) holding liquid net assets funded by
equity equal to the greater of either (x)
six months of its current operating
expenses or (y) the amount determined
by the board of directors to be sufficient
to ensure a recovery or orderly winddown of critical operations and services
of the covered clearing agency, as
contemplated by the recovery and winddown plans established under Rule
17Ad–22(e)(3)(ii).7
III. Discussion
A. Background and Exemptive Request
As noted in the CCA Standards
Adopting Release, the Commission
believes that, taken together, the
policies and procedures requirements
related to recovery and wind-down
plans in Rules 17Ad–22(e)(3)(ii) and
(15) should help ensure that a covered
clearing agency is able to remain
resilient in times of market stress and to
sustain its operations for sufficient time
to achieve orderly wind-down if such
5 17
CFR 240.17Ad–22(e)(3)(ii).
CCA Standards Adopting Release at 70809.
7 17 CFR 240.17Ad–22(e)(15)(i), (ii).
6 See
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]]>Agencies
[Federal Register Volume 82, Number 67 (Monday, April 10, 2017)]
[Notices]
[Pages 17298-17300]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-07067]
-----------------------------------------------------------------------
RAILROAD RETIREMENT BOARD
Proposed Collection; Comment Request
Summary: In accordance with the requirement of Section
3506(c)(2)(A) of the Paperwork Reduction Act of 1995 which provides
opportunity for public comment on new or revised data collections, the
Railroad Retirement
[[Page 17299]]
Board (RRB) will publish periodic summaries of proposed data
collections.
Comments are invited on: (a) Whether the proposed information
collection is necessary for the proper performance of the functions of
the agency, including whether the information has practical utility;
(b) the accuracy of the RRB's estimate of the burden of the collection
of the information; (c) ways to enhance the quality, utility, and
clarity of the information to be collected; and (d) ways to minimize
the burden related to the collection of information on respondents,
including the use of automated collection techniques or other forms of
information technology.
1. Title and purpose of information collection: Financial
Disclosure Statement; OMB 3220-0127.
Under Section 10 of the Railroad Retirement Act and Section 2(d) of
the Railroad Unemployment Insurance Act, the RRB may recover
overpayments of annuities, pensions, death benefits, unemployment
benefits, and sickness benefits that were made erroneously. An
overpayment may be waived if the beneficiary was not at fault in
causing the overpayment and recovery would cause financial hardship.
The regulations for the recovery and waiver of erroneous payments are
contained in 20 CFR 255 and CFR 340.
The RRB utilizes Form DR-423, Financial Disclosure Statement, to
obtain information about the overpaid beneficiary's income, debts, and
expenses if that person indicates that (s)he cannot make restitution
for the overpayment. The information is used to determine if the
overpayment should be waived as wholly or partially uncollectible. If
waiver is denied, the information is used to determine the size and
frequency of installment payments. The beneficiary is made aware of the
overpayment by letter and is offered a variety of methods for recovery.
One response is requested of each respondent. Completion is voluntary.
However, failure to provide the requested information may result in a
denial of the waiver request. The RRB proposes no changes to Form DR-
423.
Estimate of Annual Respondent Burden
----------------------------------------------------------------------------------------------------------------
Annual
Form No. responses Time (minutes) Burden (hours)
----------------------------------------------------------------------------------------------------------------
DR-423....................................................... 1,200 85 1,700
----------------------------------------------------------------------------------------------------------------
2. Title and purpose of information collection: Representative
Payee Parental Custody Monitoring; OMB 3220-0176.
Under Section 12(a) of the Railroad Retirement Act (RRA), the
Railroad Retirement Board (RRB) is authorized to select, make payments
to, and to conduct transactions with, a beneficiary's relative or some
other person willing to act on behalf of the beneficiary as a
representative payee. The RRB is responsible for determining if direct
payment to the beneficiary or payment to a representative payee would
best serve the beneficiary's interest. Inherent in the RRB's
authorization to select a representative payee is the responsibility to
monitor the payee to assure that the beneficiary's interests are
protected. The RRB utilizes Form G-99D, Parental Custody Report, to
obtain information needed to verify that a parent-for-child
representative payee still has custody of the child. One response is
required from each respondent. The RRB proposes no changes to Form G-
99D.
Estimate of Annual Respondent Burden
----------------------------------------------------------------------------------------------------------------
Annual Time Burden
Form No. responses (minutes) (hours)
--------------------------------------------------------------------------------------------------
G-99d............................................. 800 5 67
-------------------------------------------------------------
Total......................................... 800 .............. 67
----------------------------------------------------------------------------------------------------------------
3. Title and purpose of information collection: Statement Regarding
Contributions and Support of Children; OMB 3220-0195.
Section 2(d)(4) of the Railroad Retirement Act (RRA), provides, in
part, that a child is deemed dependent if the conditions set forth in
Section 202(d)(3), (4) and (9) of the Social Security Act are met.
Section 202(d)(4) of the Social Security Act, as amended by Public Law
104-121, requires as a condition of dependency, that a child receives
one-half of his or her support from the stepparent. This dependency
impacts upon the entitlement of a spouse or survivor of an employee
whose entitlement is based upon having a stepchild of the employee in
care, or on an individual seeking a child's annuity as a stepchild of
an employee. Therefore, depending on the employee for at least one-half
support is a condition affecting eligibility for increasing an employee
or spouse annuity under the social security overall minimum provisions
on the basis of the presence of a dependent child, the employee's
natural child in limited situations, adopted children, stepchildren,
grandchildren, step-grandchildren and equitably adopted children. The
regulations outlining child support and dependency requirements are
prescribed in 20 CFR 222.50-57.
In order to correctly determine if an applicant is entitled to a
child's annuity based on actual dependency, the RRB uses Form G-139,
Statement Regarding Contributions and Support of Children, to obtain
financial information needed to make a comparison between the amount of
support received from the railroad employee and the amount received
from other sources. Completion is required to obtain a benefit. One
response is required of each respondent. The RRB proposes no changes to
Form G-139.
[[Page 17300]]
Estimate of Annual Respondent Burden
----------------------------------------------------------------------------------------------------------------
Annual
Form No. responses Time (minutes) Burden (hours)
----------------------------------------------------------------------------------------------------------------
G-139........................................................ 500 60 500
----------------------------------------------------------------------------------------------------------------
Additional Information or Comments: To request more information or
to obtain a copy of the information collection justification, forms,
and/or supporting material, contact Dana Hickman at (312) 751-4981 or
Dana.Hickman@RRB.GOV. Comments regarding the information collection
should be addressed to Brian Foster, Railroad Retirement Board, 844
North Rush Street, Chicago, Illinois 60611-1275 or emailed to
Brian.Foster@rrb.gov. Written comments should be received within 60
days of this notice.
For the Board.
Martha P. Rico,
Secretary to the Board.
[FR Doc. 2017-07067 Filed 4-7-17; 8:45 am]
BILLING CODE 7905-01-P
