Agency Information Collection Activities; Submission for OMB Review; Comment Request; On the Road to Retirement Surveys, 19391-19392 [2017-08486]

Agencies

• DEPARTMENT OF LABOR
• Office of the Secretary

[Federal Register Volume 82, Number 80 (Thursday, April 27, 2017)]
[Notices]
[Pages 19391-19392]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-08486]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; On the Road to Retirement Surveys

ACTION: Notice.

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

SUMMARY: The Department of Labor (DOL) is submitting the Employee 
Benefits Security Administration (EBSA) sponsored information 
collection request (ICR) proposal titled, ``On the Road to Retirement 
Surveys,'' to the Office of Management and Budget (OMB) for review and 
approval for use in accordance with the Paperwork Reduction Act (PRA) 
of 1995. Public comments on the ICR are invited.

DATES: The OMB will consider all written comments that agency receives 
on or before May 30, 2017.

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=201412-1210-007 (this link will only become active 
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 by email at DOL_PRA_PUBLIC@dol.gov.
    Submit comments about this request by mail 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 (this is not a toll-free number) or by email at 
DOL_PRA_PUBLIC@dol.gov.

SUPPLEMENTARY INFORMATION: This ICR seeks PRA authority for the ``On 
the Road to Retirement Surveys'' information collection. More 
specifically, the EBSA seeks to undertake a long-term research study 
that will track U.S. households over several years in order to collect 
data and answer important research questions on how retirement planning 
strategies and decisions evolve over time. This collection will gather 
data about how people make planning and financial decisions before and 
during retirement, especially with regard to the information that they 
receive and how they respond to it. The data collection effort is 
designed to overcome the limitations seen in existing data collection 
activities. Gaining insight into Americans' decision-making processes 
and experiences will provide policy-makers and the research community 
with valuable information that can be used to guide future policy and 
research. This ICR seeks approval for pre-test surveys, a screening 
survey, an initial participant survey, an advice interaction survey, 
and an annual participant survey. Household reports on behavior and 
outcomes will be combined with survey responses on planning methods, 
strategies and financial information received to perform a cross-
sectional analysis, conditional on other respondent attributes. The 
EBSA intends to use data drawn from multiple waves of various surveys 
to analyze how behavior evolves over time. Employee Retirement Income 
Security Act section 513(a) authorizes this information collection. See 
29 U.S.C. 1143(a).
    This proposed 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 if the collection of information does not display a valid 
Control Number. See 5 CFR 1320.5(a) and 1320.6. For additional 
information, see the related notice published in the Federal Register 
on February 29, 2016 (81 FR 10280).
    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 thirty (30) days of publication of this 
notice in the Federal Register. In order to help ensure appropriate 
consideration, comments should mention OMB ICR Reference Number 201412-
1210-007. 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: On the Road to Retirement Surveys.
    OMB ICR Reference Number: 201412-1210-007.
    Affected Public: Individuals or Households.
    Total Estimated Number of Respondents: 10,390.
    Total Estimated Annual Number of Responses: 19,607.
    Total Estimated Annual Time Burden: 10,529 hours.
    Total Estimated Annual Other Costs Burden: $0.

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


[[Page 19392]]


     Dated: April 21, 2017.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2017-08486 Filed 4-26-17; 8:45 am]
BILLING CODE 4510-29-P