Proposed Submission of Information Collection for OMB Review; Comment Request; Disclosure of Termination Information, 42366-42367 [2017-19011]

Download as PDF 42366 Federal Register / Vol. 82, No. 172 / Thursday, September 7, 2017 / Notices finance with other capital, including philanthropic, socially responsible and impact investment, to enable effective deployment of that capital towards projects in the countries and sectors in which OPIC works. Dated: September 1, 2017. Nichole Skoyles, Administrative Counsel, Administrative Affairs, Department of Legal Affairs. [FR Doc. 2017–18968 Filed 9–6–17; 8:45 am] BILLING CODE P OVERSEAS PRIVATE INVESTMENT CORPORATION Submission for OMB Review Overseas Private Investment Corporation (OPIC). ACTION: Notice and request for comments. AGENCY: Under the provisions of the Paperwork Reduction Act (44 U.S.C. Chapter 35), agencies are required to publish a Notice in the Federal Register notifying the public that the agency has prepared an information collection for OMB review and approval and has requested public review and comment on the submission. Comments are being solicited on the need for the information; the accuracy of the Agency’s burden estimate; the quality, practical utility, and clarity of the information to be collected; and ways to minimize reporting the burden, including automated collected techniques and uses of other forms of technology. Minor revisions are being made to improve the clarity of the questions and to allow the optional submission of additional information. DATES: Comments must be received within 60 calendar-days of publication of this Notice. ADDRESSES: Direct comments and requests for copies of the subject form to the Agency Submitting Officer: James Bobbitt, Records Manager, Overseas Private Investment Corporation, 1100 New York Avenue NW., Washington, DC 20527. FOR FURTHER INFORMATION CONTACT: Agency Submitting Officer: James Bobbitt, Records Manager, (202) 336– 8558. mstockstill on DSK30JT082PROD with NOTICES SUMMARY: SUPPLEMENTARY INFORMATION: Summary Form Under Review Type of Request: Revision of currently approved information collection. Title: Aligned Capital Investor Screener. Form Number: OPIC–253. VerDate Sep<11>2014 17:42 Sep 06, 2017 Jkt 241001 Frequency of Use: Once per investor. Type of Respondents: Foundations, non-profit entities; investment fund managers, investment companies; US Government Agencies. Standard Industrial Classification Codes: All. Description of Affected Public: U.S. companies interested in making investments in companies investing overseas. Reporting Hours: 16.5 hours (.33 hours per investor). Number of Responses: 50 per year. Federal Cost: $0. Authority for Information Collection: Sections 231 and 239(d) of the Foreign Assistance Act of 1961, as amended. Abstract (Needs and Uses): The Aligned Capital Investor Screener is a document used to screen potential investors interested in participating in OPIC’s Aligned Capital Program and, if they qualify, to place their information into the program. The Aligned Capital Program is a pilot program that OPIC has designed to align development finance with other capital, including philanthropic, socially responsible and impact investment, to enable effective deployment of that capital towards projects in the countries and sectors in which OPIC works. In order to participate, investors must be U.S. entities and meet the additional specified criteria. Dated: September 1, 2017. Nichole Skoyles, Administrative Counsel, Administrative Affairs, Department of Legal Affairs. [FR Doc. 2017–18969 Filed 9–6–17; 8:45 am] BILLING CODE 3420–34–P PENSION BENEFIT GUARANTY CORPORATION Proposed Submission of Information Collection for OMB Review; Comment Request; Disclosure of Termination Information Pension Benefit Guaranty Corporation. ACTION: Notice of intent to request extension of OMB approval. AGENCY: Pension Benefit Guaranty Corporation (‘‘PBGC’’) intends to request that the Office of Management and Budget (‘‘OMB’’) extend approval, under the Paperwork Reduction Act of 1995, of a collection of information on the disclosure of termination information under its regulations for distress terminations, and for PBGCinitiated terminations. This notice informs the public of PBGC’s intent and SUMMARY: PO 00000 Frm 00098 Fmt 4703 Sfmt 4703 solicits public comment on the collection of information. DATES: Comments should be submitted by November 6, 2017. ADDRESSES: Comments may be submitted by any of the following methods: • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the Web site instructions for submitting comments. • Email: paperwork.comments@ pbgc.gov. • Mail or Hand Delivery: Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 20005–4026. Comments received will be posted to www.pbgc.gov. Copies of the collection of information may 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 regulations and instructions relating to this collection of information are available on PBGC’s Web site at www.pbgc.gov. FOR FURTHER INFORMATION CONTACT: Jo Amato Burns (burns.jo.amato@ pbgc.gov), Attorney, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 20005, 202–326– 4400, ext. 3072. TTY and TDD users may call the Federal relay service tollfree at 800–877–8339 and ask to be connected to 202–326–4400. SUPPLEMENTARY INFORMATION: Sections 4041 and 4042 of the Employee Retirement Income Security Act of 1974 (ERISA) govern the termination of single-employer defined benefit pension plans that are subject to Title IV of ERISA. A plan administrator may initiate a distress termination pursuant to section 4041(c), and PBGC may itself initiate proceedings to terminate a pension plan under section 4042 if PBGC determines that certain conditions are present. Section 506 of the Pension Protection Act of 2006 amended sections 4041 and 4042 of ERISA. These amendments require that, upon a request by an affected party, a plan administrator must disclose information it has submitted to PBGC in connection with a distress termination filing, and that a plan administrator or plan sponsor must disclose information it has submitted to PBGC in connection E:\FR\FM\07SEN1.SGM 07SEN1 Federal Register / Vol. 82, No. 172 / Thursday, September 7, 2017 / Notices with a PBGC-initiated termination. The provisions also require PBGC to disclose the administrative record relating to a PBGC-initiated termination upon request by an affected party. Based on information for calendar years 2014–2016, PBGC estimates that approximately 75 plans will terminate as distress or PBGC-initiated terminations each year. A survey conducted by PBGC of nine plans found that two of the nine plans surveyed received requests for termination information. Based on the foregoing, PBGC estimates that two participants or other affected parties of every nine distress terminations or PBGC-initiated terminations filed will annually make requests for termination information, or 2⁄9 of 75 (approximately 17 per year). Based on information derived from the survey of nine plans, PBGC estimates that the hourly burden and cost for each request will be about 20 hours and $400. The total annual burden is estimated to be 340 hours (17 plans * 20 hours) and $6,800 (17 plans * $400). PBGC is soliciting public comments to— • Evaluate whether the 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 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 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, by: Daniel S. Liebman, Acting Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2017–19011 Filed 9–6–17; 8:45 am] BILLING CODE 7709–02–P mstockstill on DSK30JT082PROD with NOTICES POSTAL REGULATORY COMMISSION [Docket Nos. CP2016–252; MC2017–180 and CP2017–281; MC2017–181 and CP2017–282; MC2017–182 and CP2017–283] New Postal Products Postal Regulatory Commission. Notice. AGENCY: ACTION: VerDate Sep<11>2014 17:42 Sep 06, 2017 Jkt 241001 The Commission is noticing a recent Postal Service filing for the Commission’s consideration concerning negotiated service agreements. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: September 7, 2017. ADDRESSES: Submit comments electronically via the Commission’s Filing Online system at https:// www.prc.gov. Those who cannot submit comments electronically should contact the person identified in the FOR FURTHER INFORMATION CONTACT section by telephone for advice on filing alternatives. FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: SUMMARY: Table of Contents I. Introduction II. Docketed Proceeding(s) I. Introduction The Commission gives notice that the Postal Service filed request(s) for the Commission to consider matters related to negotiated service agreement(s). The request(s) may propose the addition or removal of a negotiated service agreement from the market dominant or the competitive product list, or the modification of an existing product currently appearing on the market dominant or the competitive product list. Section II identifies the docket number(s) associated with each Postal Service request, the title of each Postal Service request, the request’s acceptance date, and the authority cited by the Postal Service for each request. For each request, the Commission appoints an officer of the Commission to represent the interests of the general public in the proceeding, pursuant to 39 U.S.C. 505 (Public Representative). Section II also establishes comment deadline(s) pertaining to each request. The public portions of the Postal Service’s request(s) can be accessed via the Commission’s Web site (https:// www.prc.gov). Non-public portions of the Postal Service’s request(s), if any, can be accessed through compliance with the requirements of 39 CFR 3007.40. The Commission invites comments on whether the Postal Service’s request(s) in the captioned docket(s) are consistent with the policies of title 39. For request(s) that the Postal Service states concern market dominant product(s), applicable statutory and regulatory PO 00000 Frm 00099 Fmt 4703 Sfmt 9990 42367 requirements include 39 U.S.C. 3622, 39 U.S.C. 3642, 39 CFR part 3010, and 39 CFR part 3020, subpart B. For request(s) that the Postal Service states concern competitive product(s), applicable statutory and regulatory requirements include 39 U.S.C. 3632, 39 U.S.C. 3633, 39 U.S.C. 3642, 39 CFR part 3015, and 39 CFR part 3020, subpart B. Comment deadline(s) for each request appear in section II. II. Docketed Proceeding(s) 1. Docket No(s).: CP2016–252; Filing Title: Notice of United States Postal Service of Change in Prices Pursuant to Amendment to Priority Mail & FirstClass Package Service Contract 24; Filing Acceptance Date: August 30, 2017; Filing Authority: 39 CFR 3015.5; Public Representative: Gregory Stanton; Comments Due: September 7, 2017. 2. Docket No(s).: MC2017–180 and CP2017–281; Filing Title: Request of the United States Postal Service to Add Priority Mail Contract 345 to Competitive Product List and Notice of Filing (Under Seal) of Unredacted Governors’ Decision, Contract, and Supporting Data; Filing Acceptance Date: August 30, 2017; Filing Authority: 39 U.S.C. 3642 and 39 CFR 3020.30; Public Representative: Christopher C. Mohr; Comments Due: September 7, 2017. 3. Docket No(s).: MC2017–181 and CP2017–282; Filing Title: Request of the United States Postal Service to Add Priority Mail Contract 346 to Competitive Product List and Notice of Filing (Under Seal) of Unredacted Governors’ Decision, Contract, and Supporting Data; Filing Acceptance Date: August 30, 2017; Filing Authority: 39 U.S.C. 3642 and 39 CFR 3020.30; Public Representative: Christopher C. Mohr; Comments Due: September 7, 2017. 4. Docket No(s).: MC2017–182 and CP2017–283; Filing Title: Request of the United States Postal Service to Add Priority Mail Contract 347 to Competitive Product List and Notice of Filing (Under Seal) of Unredacted Governors’ Decision, Contract, and Supporting Data; Filing Acceptance Date: August 30, 2017; Filing Authority: 39 U.S.C. 3642 and 39 CFR 3020.30; Public Representative: Christopher C. Mohr; Comments Due: September 7, 2017. This notice will be published in the Federal Register. Ruth Ann Abrams, Acting Secretary. [FR Doc. 2017–18925 Filed 9–6–17; 8:45 am] BILLING CODE 7710–FW–P E:\FR\FM\07SEN1.SGM 07SEN1

Agencies

Pension Benefit Guaranty Corporation

[Federal Register Volume 82, Number 172 (Thursday, September 7, 2017)]
[Notices]
[Pages 42366-42367]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-19011]


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PENSION BENEFIT GUARANTY CORPORATION


Proposed Submission of Information Collection for OMB Review; 
Comment Request; Disclosure of Termination Information

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of intent to request extension of OMB approval.

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

SUMMARY: Pension Benefit Guaranty Corporation (``PBGC'') intends to 
request that the Office of Management and Budget (``OMB'') extend 
approval, under the Paperwork Reduction Act of 1995, of a collection of 
information on the disclosure of termination information under its 
regulations for distress terminations, and for PBGC-initiated 
terminations. This notice informs the public of PBGC's intent and 
solicits public comment on the collection of information.

DATES: Comments should be submitted by November 6, 2017.

ADDRESSES: Comments may be submitted by any of the following methods:
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the Web site instructions for submitting comments.
     Email: paperwork.comments@pbgc.gov.
     Mail or Hand Delivery: Regulatory Affairs Division, Office 
of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K 
Street NW., Washington, DC 20005-4026.
    Comments received will be posted to www.pbgc.gov.
    Copies of the collection of information may 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 regulations and instructions relating to this 
collection of information are available on PBGC's Web site at 
www.pbgc.gov.

FOR FURTHER INFORMATION CONTACT: Jo Amato Burns 
(burns.jo.amato@pbgc.gov), Attorney, Office of the General Counsel, 
Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 
20005, 202-326-4400, ext. 3072. TTY and TDD users may call the Federal 
relay service toll-free at 800-877-8339 and ask to be connected to 202-
326-4400.

SUPPLEMENTARY INFORMATION: Sections 4041 and 4042 of the Employee 
Retirement Income Security Act of 1974 (ERISA) govern the termination 
of single-employer defined benefit pension plans that are subject to 
Title IV of ERISA. A plan administrator may initiate a distress 
termination pursuant to section 4041(c), and PBGC may itself initiate 
proceedings to terminate a pension plan under section 4042 if PBGC 
determines that certain conditions are present. Section 506 of the 
Pension Protection Act of 2006 amended sections 4041 and 4042 of ERISA. 
These amendments require that, upon a request by an affected party, a 
plan administrator must disclose information it has submitted to PBGC 
in connection with a distress termination filing, and that a plan 
administrator or plan sponsor must disclose information it has 
submitted to PBGC in connection

[[Page 42367]]

with a PBGC-initiated termination. The provisions also require PBGC to 
disclose the administrative record relating to a PBGC-initiated 
termination upon request by an affected party.
    Based on information for calendar years 2014-2016, PBGC estimates 
that approximately 75 plans will terminate as distress or PBGC-
initiated terminations each year. A survey conducted by PBGC of nine 
plans found that two of the nine plans surveyed received requests for 
termination information. Based on the foregoing, PBGC estimates that 
two participants or other affected parties of every nine distress 
terminations or PBGC-initiated terminations filed will annually make 
requests for termination information, or \2/9\ of 75 (approximately 17 
per year). Based on information derived from the survey of nine plans, 
PBGC estimates that the hourly burden and cost for each request will be 
about 20 hours and $400. The total annual burden is estimated to be 340 
hours (17 plans * 20 hours) and $6,800 (17 plans * $400).
    PBGC is soliciting public comments to--
     Evaluate whether the 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 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 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, by:
Daniel S. Liebman,
Acting Assistant General Counsel for Regulatory Affairs, Pension 
Benefit Guaranty Corporation.
[FR Doc. 2017-19011 Filed 9-6-17; 8:45 am]
 BILLING CODE 7709-02-P

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