Submission of Information Collection for OMB Review; Comment Request; Annual Reporting (Form 5500 Series), 56886-56887 [2018-24753]
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56886
Federal Register / Vol. 83, No. 220 / Wednesday, November 14, 2018 / Notices
6. Who will be required or asked to
respond: NRC licensees, licensees’
contractors, and certificate holders who
classify and declassify NRC information.
7. The estimated number of annual
responses: 500.
8. The estimated number of annual
respondents: 2.
9. The estimated number of hours
needed annually to comply with the
information collection requirement or
request: 54 hours.
10. Abstract: Completion of the NRC
Form 790 is a mandatory requirement
for NRC licensees, licensees’
contractors, and certificate holders who
classify and declassify NRC information
in accordance with Executive Order
13526, ‘‘Classified National Security
Information,’’ the Atomic Energy Act,
and implementing directives. The NRC
uses the information on the form to
report statistics related to its security
classification program on an annual
basis to the Information Security
Oversight Office.
III. Specific Requests for Comments
The NRC is seeking comments that
address the following questions:
1. Is the proposed collection of
information necessary for the NRC to
properly perform its functions? Does the
information have practical utility?
2. Is the estimate of the burden of the
information collection accurate?
3. Is there a way to enhance the
quality, utility, and clarity of the
information to be collected?
4. How can the burden of the
information collection on respondents
be minimized, including the use of
automated collection techniques or
other forms of information technology?
Dated at Rockville, Maryland, this 8th day
of November, 2018.
For the Nuclear Regulatory Commission.
David C. Cullison,
NRC Clearance Officer, Office of the Chief
Information Officer.
[FR Doc. 2018–24772 Filed 11–13–18; 8:45 am]
BILLING CODE 7590–01–P
PENSION BENEFIT GUARANTY
CORPORATION
Submission of Information Collection
for OMB Review; Comment Request;
Qualified Domestic Relations Orders
Submitted to PBGC
Pension Benefit Guaranty
Corporation.
ACTION: Notice of request for extension
of OMB approval.
AGENCY:
The Pension Benefit Guaranty
Corporation (PBGC) is requesting that
SUMMARY:
VerDate Sep<11>2014
18:29 Nov 13, 2018
Jkt 247001
the Office of Management and Budget
extend approval (with modifications),
under the Paperwork Reduction Act of
1995, of the information collection
related to PBGC’s booklet, Qualified
Domestic Relations Orders & PBGC.
This notice informs the public of
PBGC’s request and solicits public
comment on the collection.
DATES: Comments must be submitted by
December 14, 2018.
ADDRESSES: Comments should be sent to
the Office of Information and Regulatory
Affairs, Office of Management and
Budget, Attention: Desk Officer for
Pension Benefit Guaranty Corporation,
via electronic mail at OIRA_
submission@omb.eop.gov or by fax to
(202) 395–6974.
A copy of the request will be posted
on PBGC’s website at https://
www.pbgc.gov/prac/laws-andregulations/information-collectionsunder-omb-review. It may also be
obtained without charge by writing to
the Disclosure Division of the Office of
the General Counsel of PBGC, 1200 K
Street NW, Washington, DC 20005–
4026; faxing a request to 202–326–4042;
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). The Disclosure Division
will email, fax, or mail the information
to you, as you request.
FOR FURTHER INFORMATION CONTACT:
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.)
SUPPLEMENTARY INFORMATION: A defined
benefit pension plan that does not have
enough money to pay benefits may be
terminated if the employer responsible
for the plan faces severe financial
difficulty, such as bankruptcy, and is
unable to maintain the plan. In such an
event, PBGC becomes trustee of the plan
and pays benefits, subject to legal limits,
to plan participants and beneficiaries.
The benefits of a pension plan
participant generally may not be
assigned or alienated. Title I of ERISA
provides an exception for domestic
relations orders that relate to child
support, alimony payments, or marital
property rights of an alternate payee (a
spouse, former spouse, child, or other
dependent of a plan participant). The
exception applies only if the domestic
relations order meets specific legal
PO 00000
Frm 00089
Fmt 4703
Sfmt 4703
requirements that make it a qualified
domestic relations order (QDRO).
When PBGC is trustee of a plan, it
reviews submitted domestic relations
orders to determine whether the order is
qualified before paying benefits to an
alternate payee. The requirements for
submitting a domestic relations order
and the contents of such orders are
established by statute. The models and
the guidance provided by PBGC assist
parties by making it easier for them to
comply with ERISA’s QDRO
requirements in plans trusteed by PBGC;
they do not create any additional
requirements and result in a reduction
of the statutory burden.
The existing collection of information
was approved under OMB control
number 1212–0054 (expires December
31, 2018). On August 31, 2018, PBGC
published in the Federal Register (at 83
FR 44681), a notice informing the public
of its intent to request an extension of
this collection of information, as
modified. No comments were received.
PBGC is requesting that OMB extend
approval of the collection with
modifications for three years. The
modifications requested are not
material. 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 estimates that it will receive
approximately 630 domestic relations
orders each year from prospective
alternate payees and participants. PBGC
further estimates that the total average
annual burden of this collection of
information will be approximately 473
hours and $945,000 based on revised
estimates since publication of the notice
on August 31.
Issued in Washington, DC.
Stephanie Cibinic,
Deputy Assistant General Counsel for
Regulatory Affairs, Pension Benefit Guaranty
Corporation.
[FR Doc. 2018–24787 Filed 11–13–18; 8:45 am]
BILLING CODE 7709–02–P
PENSION BENEFIT GUARANTY
CORPORATION
Submission of Information Collection
for OMB Review; Comment Request;
Annual Reporting (Form 5500 Series)
Pension Benefit Guaranty
Corporation.
ACTION: Notice of request for extension
of OMB approval, with modifications.
AGENCY:
The Pension Benefit Guaranty
Corporation (PBGC) is requesting that
the Office of Management and Budget
SUMMARY:
E:\FR\FM\14NON1.SGM
14NON1
Federal Register / Vol. 83, No. 220 / Wednesday, November 14, 2018 / Notices
(OMB) extend approval, with
modifications, of a collection of
information under the Paperwork
Reduction Act of 1995, of its collection
of information for Annual Reporting
under OMB control number 1212–0057.
This notice informs the public of
PBGC’s request and solicits public
comment on the collection.
DATES: Comments must be submitted by
December 14, 2018.
ADDRESSES: Comments should be sent to
the Office of Information and Regulatory
Affairs, Office of Management and
Budget, Attention: Desk Officer for
Pension Benefit Guaranty Corporation,
via electronic mail at OIRA_
submission@omb.eop.gov or by fax to
(202) 395–6974.
A copy of the request will be posted
on PBGC’s website at: https://
www.pbgc.gov/prac/laws-andregulations/information-collectionsunder-omb-review. It may also be
obtained without charge by writing to
the Disclosure Division of the Office of
the General Counsel of PBGC at 1200 K
Street NW, Washington, DC 20005–
4026; faxing a request to 202–326–4042;
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). The Disclosure Division
will email, fax, or mail the information
to you, as you request.
FOR FURTHER INFORMATION CONTACT:
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.
SUPPLEMENTARY INFORMATION: This
information collection is needed
because 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 PBGC, section 4065 of
the Employee Retirement Income
Security Act of 1974 (ERISA) 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.
VerDate Sep<11>2014
18:29 Nov 13, 2018
Jkt 247001
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. The
Schedules are part of the Form 5500
Series. 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. The modifications are
described in greater detail in the
supporting statement submitted to OMB
with this information collection, along
with PBGC’s rationale for each
modification.
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.
PO 00000
Frm 00090
Fmt 4703
Sfmt 4703
56887
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.
The existing collection of information
was approved under OMB control
number 1212–0057 (expires March 31,
2021). On August 20, 2018, PBGC
published in the Federal Register (at 83
FR 42172), a notice informing the public
of its intent to request an extension of
this collection of information, as
modified. PBGC received one comment
in support of the collection of
information. PBGC is requesting that
OMB extend approval of the collection,
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 estimates that it will receive
approximately 23,900 Form 5500 and
Form 5500–SF filings per year under
this collection of information. PBGC
further estimates that the total annual
burden of this collection of information
for PBGC will be 1,200 hours and
$1,531,000.
Issued in Washington, DC.
Hilary Duke,
Assistant General Counsel for Regulatory
Affairs, Pension Benefit Guaranty
Corporation.
[FR Doc. 2018–24753 Filed 11–13–18; 8:45 am]
BILLING CODE 7709–02–P
OFFICE OF PERSONNEL
MANAGEMENT
Senior Executive Service—
Performance Review Board
Office of Personnel
Management.
ACTION: Notice.
AGENCY:
Notice is hereby given of the
appointment of members of the OPM
Performance Review Board.
FOR FURTHER INFORMATION CONTACT:
Carmen Garcia, OPM Human Resources,
Office of Personnel Management, 1900 E
Street NW, Washington, DC 20415, (202)
606–1048.
SUPPLEMENTARY INFORMATION: Section
4314(c) (1) through (5) of Title 5, U.S.C.,
requires each agency to establish, in
accordance with regulations prescribed
by the Office of Personnel Management,
one or more SES performance review
boards. The board reviews and evaluates
the initial appraisal of a senior
executive’s performance by the
supervisor, and considers
SUMMARY:
E:\FR\FM\14NON1.SGM
14NON1
]]>Agencies
[Federal Register Volume 83, Number 220 (Wednesday, November 14, 2018)]
[Notices]
[Pages 56886-56887]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-24753]
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PENSION BENEFIT GUARANTY CORPORATION
Submission of Information Collection for OMB Review; Comment
Request; Annual Reporting (Form 5500 Series)
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Notice of request for extension of OMB approval, with
modifications.
-----------------------------------------------------------------------
SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is requesting
that the Office of Management and Budget
[[Page 56887]]
(OMB) extend approval, with modifications, of a collection of
information under the Paperwork Reduction Act of 1995, of its
collection of information for Annual Reporting under OMB control number
1212-0057. This notice informs the public of PBGC's request and
solicits public comment on the collection.
DATES: Comments must be submitted by December 14, 2018.
ADDRESSES: Comments should be sent to the Office of Information and
Regulatory Affairs, Office of Management and Budget, Attention: Desk
Officer for Pension Benefit Guaranty Corporation, via electronic mail
at [email protected] or by fax to (202) 395-6974.
A copy of the request will be posted on PBGC's website at: https://www.pbgc.gov/prac/laws-and-regulations/information-collections-under-omb-review. It may also be obtained without charge by writing to the
Disclosure Division of the Office of the General Counsel of PBGC at
1200 K Street NW, Washington, DC 20005-4026; faxing a request to 202-
326-4042; 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). The Disclosure Division will
email, fax, or mail the information to you, as you request.
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: This information collection is needed
because 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 PBGC, section 4065 of the Employee
Retirement Income Security Act of 1974 (ERISA) 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.
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. The Schedules are part of the Form 5500 Series. 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. The modifications are described in
greater detail in the supporting statement submitted to OMB with this
information collection, along with PBGC's rationale for each
modification.
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.
The existing collection of information was approved under OMB
control number 1212-0057 (expires March 31, 2021). On August 20, 2018,
PBGC published in the Federal Register (at 83 FR 42172), a notice
informing the public of its intent to request an extension of this
collection of information, as modified. PBGC received one comment in
support of the collection of information. PBGC is requesting that OMB
extend approval of the collection, 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 estimates that it will receive approximately 23,900 Form 5500
and Form 5500-SF filings per year under this collection of information.
PBGC further estimates that the total annual burden of this collection
of information for PBGC will be 1,200 hours and $1,531,000.
Issued in Washington, DC.
Hilary Duke,
Assistant General Counsel for Regulatory Affairs, Pension Benefit
Guaranty Corporation.
[FR Doc. 2018-24753 Filed 11-13-18; 8:45 am]
BILLING CODE 7709-02-P
