Hispanic Council on Federal Employment, 5817 [2018-02571]
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Federal Register / Vol. 83, No. 28 / Friday, February 9, 2018 / Notices
as amended (ERISA), a single-employer
pension plan may terminate voluntarily
only if it satisfies the requirements for
either a standard or a distress
termination. Pursuant to ERISA section
4041(b), for standard terminations, and
section 4041(c), for distress
terminations, and PBGC’s termination
regulation (29 CFR part 4041), a plan
administrator wishing to terminate a
plan is required to submit specified
information to PBGC in support of the
proposed termination and to provide
specified information regarding the
proposed termination to third parties
(participants, beneficiaries, alternate
payees, and employee organizations). In
the case of such plans with participants
or beneficiaries who cannot be located
when their benefits are to be distributed,
the plan administrator is subject to the
requirements of ERISA section 4050 and
PBGC’s missing participants regulation
(29 CFR part 4050).
The missing participant forms and
instructions under this information
collection are applicable only to plans
that terminated on or before December
31, 2017. There is a new control number
for the collection of information under
the expanded missing participants
program, effective on January 22, 2018,
and applicable to plans that terminate
on or after January 1, 2018 (OMB
Control No.1212–0069; expires January
31, 2021). The expanded program
includes not only missing participants
from single-employer plans covered by
title IV, but also defined contribution
and other plans not covered by title IV.
The collection of information under
these regulations and the implementing
forms and instructions had been
approved by OMB under control
number 1212–0036 (expired November
30, 2017). PBGC is requesting that OMB
reinstate its approval and extend it for
three years from date of approval, 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 current
OMB control number.
On October 2, 2017 (82 FR 45912),
PBGC published a notice informing the
public that it intended to request OMB
approval and soliciting public
comments. No comments were received.
PBGC is proposing to provide that the
plan administrator of a plan terminating
in a standard termination, or a distress
termination that closes out in the
private sector, may submit termination
forms electronically (scanned and
emailed or faxed), rather than by mail or
personal delivery only. PBGC is
proposing these new options to increase
the ease of submission for plan
administrators.
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In addition, for distress termination
filings, PBGC is proposing to include an
invitation for plan sponsors to contact
PBGC for a pre-filing consultation to
discuss the filing process and ensure the
filing of a distress termination is
appropriate given the sponsor’s specific
circumstances. This consultation will
assist PBGC and the plan sponsor in
exploring whether a waiver of one or
more filing obligations is appropriate,
identifying potential issues preventing a
distress termination of a particular plan,
and may indicate that commencement
of an agency-initiated termination of the
pension plan is warranted. This
consultation will be voluntary and will
result in little or no added burden on
the plan sponsor.
PBGC estimates that 1,426 plan
administrators will be subject to this
collection of information each year, and
that the total annual burden of
complying with these requirements will
be 29,890 hours and $5,963,400.
Management at the address shown
below if you wish to present material to
the Council at any of the meetings. The
manner and time prescribed for
presentations may be limited,
depending upon the number of parties
that express interest in presenting
information.
FOR FURTHER INFORMATION CONTACT: Zina
Sutch, Director for the Office of
Diversity and Inclusion, Office of
Personnel Management, 1900 E St. NW,
Suite 5H35, Washington, DC 20415.
Phone (202) 606–2433 FAX (202) 606–
6012 or email at Zina.Sutch@opm.gov.
Stephanie Cibinic,
Deputy Assistant General Counsel for
Regulatory Affairs, Pension Benefit Guaranty
Corporation.
Civil Service Retirement System Board
of Actuaries Meeting
[FR Doc. 2018–02606 Filed 2–8–18; 8:45 am]
BILLING CODE 7709–02–P
U.S. Office of Personnel Management.
Kathleen M. McGettigan,
Acting Director.
[FR Doc. 2018–02571 Filed 2–8–18; 8:45 am]
BILLING CODE 6820–B2–P
OFFICE OF PERSONNEL
MANAGEMENT
Office of Personnel
Management.
ACTION: Notice of meeting.
AGENCY:
The Civil Service Retirement
System Board of Actuaries plans to meet
on Thursday, April 12, 2018. The
meeting will start at 10:00 a.m. EDT and
will be held at the U.S. Office of
Personnel Management (OPM), 1900 E
Street NW, Room 4351–B, Washington,
DC 20415.
The purpose of the meeting is for the
Board to review the actuarial methods
and assumptions used in the valuations
of the Civil Service Retirement and
Disability Fund (CSRDF).
SUMMARY:
OFFICE OF PERSONNEL
MANAGEMENT
Hispanic Council on Federal
Employment
Office of Personnel
Management.
ACTION: Notice of meeting.
AGENCY:
The Hispanic Council on
Federal Employment (Council) meeting
will be held on Thursday, February 22,
2018 at the following time and location
shown below:
Time: 10:30 a.m. to 12:00 p.m.
Location: Office of Personnel
Management, 1900 E St. NW,
Washington, DC 20415, Executive
Conference Room.
The Council is an advisory committee
composed of representatives from
Hispanic organizations and senior
government officials. Along with its
other responsibilities, the Council shall
advise the Director of the Office of
Personnel Management on matters
involving the recruitment, hiring, and
advancement of Hispanics in the
Federal workforce. The Council is cochaired by the Director of the Office of
Personnel Management and the Chair of
the National Hispanic Leadership
Agenda (NHLA).
The meeting is open to the public.
Please contact the Office of Personnel
SUMMARY:
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Agenda
1. Summary of recent and proposed
legislation and regulations
2. Review of actuarial assumptions:
a. Demographic Assumptions
b. Economic Assumptions
3. CSRDF Annual Report
Persons desiring to attend this
meeting of the Civil Service Retirement
System Board of Actuaries, or to make
a statement for consideration at the
meeting, should contact OPM at least 5
business days in advance of the meeting
date at the address shown below. Any
detailed information or analysis
requested for the Board to consider
should be submitted at least 15 business
days in advance of the meeting date.
The manner and time for any material
presented to or considered by the Board
may be limited.
FOR FURTHER INFORMATION CONTACT:
Gregory Kissel, Senior Actuary for
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]]>Agencies
[Federal Register Volume 83, Number 28 (Friday, February 9, 2018)]
[Notices]
[Page 5817]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-02571]
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OFFICE OF PERSONNEL MANAGEMENT
Hispanic Council on Federal Employment
AGENCY: Office of Personnel Management.
ACTION: Notice of meeting.
-----------------------------------------------------------------------
SUMMARY: The Hispanic Council on Federal Employment (Council) meeting
will be held on Thursday, February 22, 2018 at the following time and
location shown below:
Time: 10:30 a.m. to 12:00 p.m.
Location: Office of Personnel Management, 1900 E St. NW,
Washington, DC 20415, Executive Conference Room.
The Council is an advisory committee composed of representatives
from Hispanic organizations and senior government officials. Along with
its other responsibilities, the Council shall advise the Director of
the Office of Personnel Management on matters involving the
recruitment, hiring, and advancement of Hispanics in the Federal
workforce. The Council is co-chaired by the Director of the Office of
Personnel Management and the Chair of the National Hispanic Leadership
Agenda (NHLA).
The meeting is open to the public. Please contact the Office of
Personnel Management at the address shown below if you wish to present
material to the Council at any of the meetings. The manner and time
prescribed for presentations may be limited, depending upon the number
of parties that express interest in presenting information.
FOR FURTHER INFORMATION CONTACT: Zina Sutch, Director for the Office of
Diversity and Inclusion, Office of Personnel Management, 1900 E St. NW,
Suite 5H35, Washington, DC 20415. Phone (202) 606-2433 FAX (202) 606-
6012 or email at [email protected].
U.S. Office of Personnel Management.
Kathleen M. McGettigan,
Acting Director.
[FR Doc. 2018-02571 Filed 2-8-18; 8:45 am]
BILLING CODE 6820-B2-P
