Proposed Submission of Information Collection for OMB Review; Comment Request; Annual Reporting (Form 5500 Series), 42172-42173 [2018-17850]

Download as PDF 42172 Federal Register / Vol. 83, No. 161 / Monday, August 20, 2018 / Notices about how to join the webcast will be available the week of the event at: https://www.nitrd.gov/nitrdgroups/ index.php?title=WSRD-Workshop-X. Workshop Goals: WSRD members will use information gathered from this workshop to develop recommendations on the government role in these technologies, as well as for their agencyspecific research agendas. Workshop Objectives: 1. Identify wireless security scenarios and issues in the context of increasingly congested and contested spectrum, and the emerging spectrum sharing and trading frameworks. 2. Discuss the ongoing technology innovations and the related short- and long-term regulatory frameworks. 3. Identify innovative tools, techniques, and experimentation for future research. Submitted by the National Science Foundation in support of the Networking and Information Technology Research and Development (NITRD) National Coordination Office (NCO) on August 14, 2018. • Email: paperwork.comments@ pbgc.gov. Refer to Annual Reporting (Form 5500 Series) in the subject line. • Mail or Hand Delivery: Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005–4026. All submissions received must include the agency’s name (Pension Benefit Guaranty Corporation, or PBGC) and refer to the Annual Reporting (Form 5500 Series). All comments received will be posted without change to PBGC’s website, www.pbgc.gov, including any personal information provided. Copies of the collection of information may be obtained by writing to Disclosure Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005–4026, or calling 202–326–4040 during normal business hours. TTY users may call the Federal relay service toll-free at 800– 877–8339 and ask to be connected to 202–326–4040. Suzanne H. Plimpton, Reports Clearance Officer, National Science Foundation. FOR FURTHER INFORMATION CONTACT: [FR Doc. 2018–17845 Filed 8–17–18; 8:45 am] BILLING CODE 7555–01–P PENSION BENEFIT GUARANTY CORPORATION Proposed Submission of Information Collection for OMB Review; Comment Request; Annual Reporting (Form 5500 Series) Pension Benefit Guaranty Corporation. ACTION: Notice of intent to request extension of OMB approval, with modifications. AGENCY: The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval (with modifications), under the Paperwork Reduction Act of 1995, of its collection of information for Annual Reporting under OMB control number 1212–0057, which expires on March 31, 2021. This notice informs the public of PBGC’s intent and solicits public comment on the collection of information. DATES: Comments must be submitted by October 19, 2018. ADDRESSES: Comments may be submitted by any of the following methods: • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the online instructions for submitting comments. daltland on DSKBBV9HB2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 19:04 Aug 17, 2018 Jkt 244001 Karen Levin (levin.karen@pbgc.gov), Attorney, Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005– 4026, 202–326–4400, extension 3559. TTY users may call the Federal relay service toll-free at 800–877–8339 and ask to be connected to 202–326–4400, extension 3559. Annual reporting to the Internal Revenue Service (IRS), the Employee Benefits Security Administration (EBSA), and the Pension Benefit Guaranty Corporation (PBGC) is required by law for most employee benefit plans. For example, section 4065 of the Employee Retirement Income Security Act of 1974 requires annual reporting to PBGC for pension plans covered by title IV of ERISA. To accommodate these filing requirements, PBGC, IRS, and EBSA have jointly promulgated the Form 5500 Series, which includes the Form 5500 Annual Return/Report of Employee Benefit Plan and the Form 5500–SF Short Form Annual Return/Report of Small Employee Benefit Plan. The collection of information has been approved by OMB under control number 1212–0057 through March 31, 2021. PBGC intends to request that OMB extend its approval, with modifications, for three years. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number. SUPPLEMENTARY INFORMATION: PO 00000 Frm 00073 Fmt 4703 Sfmt 4703 PBGC is proposing modifications to the 2019 Schedule R (Retirement Plan Information), Form 5500–SF, and Schedule SB (Single-Employer Defined Benefit Plan Actuarial Information), and their related instructions. These proposed modifications affect some, but not all, single-employer defined benefit plans covered by Title IV of ERISA. PBGC also is proposing minor modifications to the Form 5500 Series to improve the accuracy of reported information. PBGC is proposing to modify Schedule R to obtain information from single-employer plans related to unpaid minimum required contributions. Single-employer plans are required to report the amount of unpaid minimum required contributions on Schedule SB and, in most cases, report additional information about the unpaid (‘‘missed’’) contributions to PBGC on the applicable PBGC form (i.e., Form 10 or Form 200). In some cases, this PBGC reporting requirement is waived (e.g., if the contribution is made within 30 days of the due date). PBGC has found a significant number of plans that are required to file these PBGC form(s) do not. As part of its enforcement effort, PBGC regularly contacts plans that report unpaid contributions on Schedule SB if the applicable PBGC form is not received. With limited exception, PBGC cannot distinguish between plans that were required to report missed contributions and those that qualified for a regulatory waiver, and as a result, PBGC ends up contacting many plans for which reporting was waived. PBGC is proposing to modify Schedule R by requiring PBGC-insured single-employer plans that report unpaid minimum required contributions on Schedule SB to check a box indicating whether PBGC reporting of the missed contributions was waived or required (and if required, whether such reporting requirement has been satisfied). PBGC is proposing this addition of information to enable PBGC to limit its contact to plans that were required, but failed to, report information about unpaid contributions to PBGC. Because many small PBGC-insured plans are not required to complete Schedule R (i.e., plans that file Form 5500–SF), PBGC also is proposing to add a similar question about missed contributions to Form 5500–SF. With regard to the Schedule SB form and instructions, PBGC is proposing to modify line 23 to eliminate three boxes representing mortality tables that are no longer applicable. PBGC estimates that it will receive approximately 23,900 Form 5500 and E:\FR\FM\20AUN1.SGM 20AUN1 Federal Register / Vol. 83, No. 161 / Monday, August 20, 2018 / Notices Form 5500–SF filings per year under this collection of information. PBGC further estimates that the total annual burden of this collection of information attributable to PBGC will be 1,200 hours and $1,531,000. PBGC is soliciting public comments to— • 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 methodologies 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. Issued in Washington, DC, by Hilary Duke, Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2018–17850 Filed 8–17–18; 8:45 am] BILLING CODE 7709–02–P POSTAL REGULATORY COMMISSION [Docket Nos. CP2017–233; CP2017–239; MC2018–206 and CP2018–288] New Postal Products Postal Regulatory Commission. Notice. AGENCY: ACTION: 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: August 22, 2018. SUMMARY: 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. daltland on DSKBBV9HB2PROD with NOTICES ADDRESSES: VerDate Sep<11>2014 19:04 Aug 17, 2018 Jkt 244001 FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: 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 website (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 3007.301.1 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 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).: CP2017–233; Filing Title: Notice of the United States Postal 1 See Docket No. RM2018–3, Order Adopting Final Rules Relating to Non-Public Information, June 27, 2018, Attachment A at 19–22 (Order No. 4679). PO 00000 Frm 00074 Fmt 4703 Sfmt 4703 42173 Service of Filing Modification Two to a Global Plus 1D Negotiated Service Agreement; Filing Acceptance Date: August 14, 2018; Filing Authority: 39 CFR 3015.5; Public Representative: Christopher C. Mohr; Comments Due: August 22, 2018. 2. Docket No(s).: CP2017–239; Filing Title: Notice of the United States Postal Service of Filing Modification Two to a Global Plus 1D Negotiated Service Agreement; Filing Acceptance Date: August 14, 2018; Filing Authority: 39 CFR 3015.5; Public Representative: Christopher C. Mohr; Comments Due: August 22, 2018. 3. Docket No(s).: MC2018–206 and CP2018–288; Filing Title: USPS Request to Add Priority Mail Contract 462 to Competitive Product List and Notice of Filing Materials Under Seal; Filing Acceptance Date: August 14, 2018; Filing Authority: 39 U.S.C. 3642, 39 CFR 3020.30 et seq., and 39 CFR 3015.5; Public Representative: Curtis E. Kidd; Comments Due: August 22, 2018. This Notice will be published in the Federal Register. Stacy L. Ruble, Secretary. [FR Doc. 2018–17863 Filed 8–17–18; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket No. CP2018–286; Order No. 4758] Inbound Parcel Post (at UPU Rates) Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is acknowledging a recent filing by the Postal Service of its intention to change prices not of general applicability to be effective January 1, 2019. This document informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: August 21, 2018. 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 E:\FR\FM\20AUN1.SGM 20AUN1

Agencies

[Federal Register Volume 83, Number 161 (Monday, August 20, 2018)]
[Notices]
[Pages 42172-42173]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-17850]


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PENSION BENEFIT GUARANTY CORPORATION


Proposed Submission of Information Collection for OMB Review; 
Comment Request; Annual Reporting (Form 5500 Series)

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of intent to request extension of OMB approval, with 
modifications.

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

SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) intends to 
request that the Office of Management and Budget (OMB) extend approval 
(with modifications), under the Paperwork Reduction Act of 1995, of its 
collection of information for Annual Reporting under OMB control number 
1212-0057, which expires on March 31, 2021. This notice informs the 
public of PBGC's intent and solicits public comment on the collection 
of information.

DATES: Comments must be submitted by October 19, 2018.

ADDRESSES: Comments may be submitted by any of the following methods:
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the online instructions for submitting comments.
     Email: [email protected]. Refer to Annual 
Reporting (Form 5500 Series) in the subject line.
     Mail or Hand Delivery: Regulatory Affairs Division, Office 
of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K 
Street NW, Washington, DC 20005-4026.
    All submissions received must include the agency's name (Pension 
Benefit Guaranty Corporation, or PBGC) and refer to the Annual 
Reporting (Form 5500 Series). All comments received will be posted 
without change to PBGC's website, www.pbgc.gov, including any personal 
information provided. Copies of the collection of information may be 
obtained by writing to Disclosure Division, Office of the General 
Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, 
Washington, DC 20005-4026, or calling 202-326-4040 during normal 
business hours. TTY users may call the Federal relay service toll-free 
at 800-877-8339 and ask to be connected to 202-326-4040.

FOR FURTHER INFORMATION CONTACT: Karen Levin ([email protected]), 
Attorney, Regulatory Affairs Division, Office of the General Counsel, 
Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 
20005-4026, 202-326-4400, extension 3559. TTY users may call the 
Federal relay service toll-free at 800-877-8339 and ask to be connected 
to 202-326-4400, extension 3559.

SUPPLEMENTARY INFORMATION: Annual reporting to the Internal Revenue 
Service (IRS), the Employee Benefits Security Administration (EBSA), 
and the Pension Benefit Guaranty Corporation (PBGC) is required by law 
for most employee benefit plans. For example, section 4065 of the 
Employee Retirement Income Security Act of 1974 requires annual 
reporting to PBGC for pension plans covered by title IV of ERISA. To 
accommodate these filing requirements, PBGC, IRS, and EBSA have jointly 
promulgated the Form 5500 Series, which includes the Form 5500 Annual 
Return/Report of Employee Benefit Plan and the Form 5500-SF Short Form 
Annual Return/Report of Small Employee Benefit Plan.
    The collection of information has been approved by OMB under 
control number 1212-0057 through March 31, 2021. PBGC intends to 
request that OMB extend its approval, with modifications, for three 
years. An agency may not conduct or sponsor, and a person is not 
required to respond to, a collection of information unless it displays 
a currently valid OMB control number.
    PBGC is proposing modifications to the 2019 Schedule R (Retirement 
Plan Information), Form 5500-SF, and Schedule SB (Single-Employer 
Defined Benefit Plan Actuarial Information), and their related 
instructions. These proposed modifications affect some, but not all, 
single-employer defined benefit plans covered by Title IV of ERISA. 
PBGC also is proposing minor modifications to the Form 5500 Series to 
improve the accuracy of reported information.
    PBGC is proposing to modify Schedule R to obtain information from 
single-employer plans related to unpaid minimum required contributions. 
Single-employer plans are required to report the amount of unpaid 
minimum required contributions on Schedule SB and, in most cases, 
report additional information about the unpaid (``missed'') 
contributions to PBGC on the applicable PBGC form (i.e., Form 10 or 
Form 200). In some cases, this PBGC reporting requirement is waived 
(e.g., if the contribution is made within 30 days of the due date). 
PBGC has found a significant number of plans that are required to file 
these PBGC form(s) do not. As part of its enforcement effort, PBGC 
regularly contacts plans that report unpaid contributions on Schedule 
SB if the applicable PBGC form is not received. With limited exception, 
PBGC cannot distinguish between plans that were required to report 
missed contributions and those that qualified for a regulatory waiver, 
and as a result, PBGC ends up contacting many plans for which reporting 
was waived. PBGC is proposing to modify Schedule R by requiring PBGC-
insured single-employer plans that report unpaid minimum required 
contributions on Schedule SB to check a box indicating whether PBGC 
reporting of the missed contributions was waived or required (and if 
required, whether such reporting requirement has been satisfied). PBGC 
is proposing this addition of information to enable PBGC to limit its 
contact to plans that were required, but failed to, report information 
about unpaid contributions to PBGC.
    Because many small PBGC-insured plans are not required to complete 
Schedule R (i.e., plans that file Form 5500-SF), PBGC also is proposing 
to add a similar question about missed contributions to Form 5500-SF.
    With regard to the Schedule SB form and instructions, PBGC is 
proposing to modify line 23 to eliminate three boxes representing 
mortality tables that are no longer applicable.
    PBGC estimates that it will receive approximately 23,900 Form 5500 
and

[[Page 42173]]

Form 5500-SF filings per year under this collection of information. 
PBGC further estimates that the total annual burden of this collection 
of information attributable to PBGC will be 1,200 hours and $1,531,000.
    PBGC is soliciting public comments to--
     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 methodologies 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.

    Issued in Washington, DC, by
Hilary Duke,
Assistant General Counsel for Regulatory Affairs, Pension Benefit 
Guaranty Corporation.
[FR Doc. 2018-17850 Filed 8-17-18; 8:45 am]
 BILLING CODE 7709-02-P


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