Agency Information Collection Activities; Submission for OMB Review; Comment Request; Summary Plan Description Requirements Under the Employee Retirement Income Security Act of 1974, as Amended, 43162-43163 [2019-17829]
Download as PDF
<![CDATA[
jbell on DSK3GLQ082PROD with NOTICES
43162
Federal Register / Vol. 84, No. 161 / Tuesday, August 20, 2019 / Notices
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:
Frederick Licari by telephone at 202–
693–8073, TTY 202–693–8064, (these
are not toll-free numbers) or by email at
DOL_PRA_PUBLIC@dol.gov.
SUPPLEMENTARY INFORMATION: This ICR
seeks to extend PRA authority for the
Prohibited Transaction Class Exemption
1988–59, Residential Mortgage
Financing Arrangements Involving
Employee Benefit Plans information
collection. Section 408(a) of ERISA
authorizes the Secretary of Labor ‘‘to
grant a conditional or unconditional
exemption of any fiduciary or class of
fiduciaries or transactions, from all or
part of the restrictions imposed by
section 406 and 407(a).’’ Among other
conditions, the exemption requires a
plan to maintain for the duration of any
loan made pursuant to this exemption
all records necessary to determine
whether conditions of the exemption
have been met and to make such records
available for examination on request by
any trustee, investment manager,
participant or beneficiary of the plan, or
agents of the Department or the IRS.
Section 408(a) 406 and 407(a) authorizes
this information collection. See 29
U.S.C. 1108.
This 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 that does not
display a valid Control Number. See 5
CFR 1320.5(a) and 1320.6. The DOL
obtains OMB approval for this
information collection under Control
Number 1210–0095.
OMB authorization for an ICR cannot
be for more than three (3) years without
renewal, and the current approval for
this collection is scheduled to expire on
VerDate Sep<11>2014
20:49 Aug 19, 2019
Jkt 247001
August 31, 2019. The DOL seeks to
extend PRA authorization for this
information collection for three (3) more
years, without any change to existing
requirements. The DOL notes that
existing information collection
requirements submitted to the OMB
receive a month-to-month extension
while they undergo review. For
additional substantive information
about this ICR, see the related notice
published in the Federal Register on
March 27, 2019 (84 FR 11573).
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 Control Number
1210–0095. 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: Prohibited
Transaction Class Exemption 1988–59,
Residential Mortgage Financing
Arrangements Involving Employee
Benefit Plans.
OMB Control Number: 1210–0095.
Affected Public: Private Sector,
businesses or other for-profit non-forprofit institutions.
Total Estimated Number of
Respondents: 2,192.
Total Estimated Number of
Responses: 10,960.
Total Estimated Annual Time Burden:
913 hours.
Total Estimated Annual Other Costs
Burden: $0.
Authority: 44 U.S.C. 3507(a)(1)(D).
PO 00000
Frm 00064
Fmt 4703
Sfmt 4703
Dated: August 14, 2019.
Frederick Licari,
Departmental Clearance Officer.
[FR Doc. 2019–17831 Filed 8–19–19; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Summary
Plan Description Requirements Under
the Employee Retirement Income
Security Act of 1974, as Amended
Notice of availability; request
for comments.
ACTION:
SUMMARY: The Department of Labor
(DOL) is submitting the Employee
Benefits Security Administration
(EBSA) sponsored information
collection request (ICR) titled,
‘‘Summary Plan Description
Requirements Under the Employee
Retirement Income Security Act of 1974,
as Amended,’’ to the Office of
Management and Budget (OMB) for
review and approval for continued use,
without change, in accordance with the
Paperwork Reduction Act of 1995
(PRA). Public comments on the ICR are
invited.
DATES: The OMB will consider all
written comments that agency receives
on or before September 19, 2019.
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 website at https://
www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=201906-1210-010
(this link will only become active on the
day following publication of this notice)
or by contacting Frederick Licari by
telephone at 202–693–8073 TTY 202–
693–8064, (these are not toll-free
numbers) 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:
E:\FR\FM\20AUN1.SGM
20AUN1
jbell on DSK3GLQ082PROD with NOTICES
Federal Register / Vol. 84, No. 161 / Tuesday, August 20, 2019 / Notices
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:
Frederick Licari by telephone at 202–
693–8073, TTY 202–693–8064, (these
are not toll-free numbers) or by email at
DOL_PRA_PUBLIC@dol.gov.
SUPPLEMENTARY INFORMATION: This ICR
seeks to extend PRA authority for the
Summary Plan Description
Requirements Under the Employee
Retirement Income Security Act of 1974,
as Amended information collection. The
Employee Retirement Income Security
Act of 1974 (ERISA) requires the
administrator of an employee benefit
plan to furnish each plan participant
and each beneficiary receiving benefits
under the plan a copy of the plan’s
summary plan description (SPD). The
Department’s regulations provide
guidance on the content, frequency, and
manner of disclosures required under
ERISA to be furnished by employee
benefit plans to plan participants and
certain specified plan beneficiaries
periodically in Summary Plan
Descriptions (SPDs), Summaries of
Material Modifications (SMMs), and
Summaries of Material Reductions
(SMRs). ERISA sections 102(b),
104(b)(1), and 109(c) authorize this
information collection. See 29 U.S.C.
1022(b), 1024(b)(1), and 1029)c).
This 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 that does not
display a valid Control Number. See 5
CFR 1320.5(a) and 1320.6. The DOL
obtains OMB approval for this
information collection under Control
Number 1210–0039.
OMB authorization for an ICR cannot
be for more than three (3) years without
renewal, and the current approval for
this collection is scheduled to expire on
August 31, 2019. The DOL seeks to
extend PRA authorization for this
information collection for three (3) more
years, without any change to existing
requirements. The DOL notes that
existing information collection
requirements submitted to the OMB
receive a month-to-month extension
while they undergo review. For
VerDate Sep<11>2014
20:49 Aug 19, 2019
Jkt 247001
additional substantive information
about this ICR, see the related notice
published in the Federal Register on
March 27, 2019 (84 FR 11573).
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 Control Number
1210–0039. 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: Summary Plan
Description Requirements Under the
Employee Retirement Income Security
Act of 1974, as Amended.
OMB Control Number: 1210–0039.
Affected Public: Private Sector—
Businesses or other for-profits not-forprofit institutions.
Total Estimated Number of
Respondents: 3,033,000.
Total Estimated Number of
Responses: 112,733,000.
Total Estimated Annual Time Burden:
289,000 hours.
Total Estimated Annual Other Costs
Burden: $324,020,000.
Authority: 44 U.S.C. 3507(a)(1)(D).
Dated: August 13, 2019.
Frederick Licari,
Departmental Clearance Officer.
[FR Doc. 2019–17829 Filed 8–19–19; 8:45 am]
BILLING CODE 4510–29–P
PO 00000
Frm 00065
Fmt 4703
Sfmt 4703
43163
DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Trade
Adjustment Assistance Program
Reserve Funding Request
Notice of availability; request
for comments.
ACTION:
SUMMARY: The Department of Labor
(DOL) is submitting the Employment
and Training Administration (ETA)
sponsored information collection
request (ICR) revision titled, ‘‘Trade
Adjustment Assistance Program Reserve
Funding Request,’’ 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 September 19, 2019.
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 website at https://
www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=201907-1205-008
(this link will only become active on the
day following publication of this notice)
or by contacting Frederick Licari by
telephone at 202–693–8073, TTY 202–
693–8064, (these are not toll-free
numbers) or sending an email to 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–ETA, 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:
Frederick Licari by telephone at 202–
693–8073, TTY 202–693–8064, (these
are not toll-free numbers) or sending an
email to DOL_PRA_PUBLIC@dol.gov.
E:\FR\FM\20AUN1.SGM
20AUN1
]]>Agencies
[Federal Register Volume 84, Number 161 (Tuesday, August 20, 2019)]
[Notices]
[Pages 43162-43163]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-17829]
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Summary Plan Description Requirements Under
the Employee Retirement Income Security Act of 1974, as Amended
ACTION: Notice of availability; request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of Labor (DOL) is submitting the Employee
Benefits Security Administration (EBSA) sponsored information
collection request (ICR) titled, ``Summary Plan Description
Requirements Under the Employee Retirement Income Security Act of 1974,
as Amended,'' to the Office of Management and Budget (OMB) for review
and approval for continued use, without change, in accordance with the
Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are
invited.
DATES: The OMB will consider all written comments that agency receives
on or before September 19, 2019.
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 website at https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=201906-1210-010 (this link will only become active
on the day following publication of this notice) or by contacting
Frederick Licari by telephone at 202-693-8073 TTY 202-693-8064, (these
are not toll-free numbers) or by email at [email protected].
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: [email protected]. 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:
[[Page 43163]]
Departmental Information Compliance Management Program, Room N1301, 200
Constitution Avenue NW, Washington, DC 20210; or by email:
[email protected].
FOR FURTHER INFORMATION CONTACT: Frederick Licari by telephone at 202-
693-8073, TTY 202-693-8064, (these are not toll-free numbers) or by
email at [email protected].
SUPPLEMENTARY INFORMATION: This ICR seeks to extend PRA authority for
the Summary Plan Description Requirements Under the Employee Retirement
Income Security Act of 1974, as Amended information collection. The
Employee Retirement Income Security Act of 1974 (ERISA) requires the
administrator of an employee benefit plan to furnish each plan
participant and each beneficiary receiving benefits under the plan a
copy of the plan's summary plan description (SPD). The Department's
regulations provide guidance on the content, frequency, and manner of
disclosures required under ERISA to be furnished by employee benefit
plans to plan participants and certain specified plan beneficiaries
periodically in Summary Plan Descriptions (SPDs), Summaries of Material
Modifications (SMMs), and Summaries of Material Reductions (SMRs).
ERISA sections 102(b), 104(b)(1), and 109(c) authorize this information
collection. See 29 U.S.C. 1022(b), 1024(b)(1), and 1029)c).
This 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 that
does not display a valid Control Number. See 5 CFR 1320.5(a) and
1320.6. The DOL obtains OMB approval for this information collection
under Control Number 1210-0039.
OMB authorization for an ICR cannot be for more than three (3)
years without renewal, and the current approval for this collection is
scheduled to expire on August 31, 2019. The DOL seeks to extend PRA
authorization for this information collection for three (3) more years,
without any change to existing requirements. The DOL notes that
existing information collection requirements submitted to the OMB
receive a month-to-month extension while they undergo review. For
additional substantive information about this ICR, see the related
notice published in the Federal Register on March 27, 2019 (84 FR
11573).
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 Control Number 1210-0039.
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: Summary Plan Description Requirements Under
the Employee Retirement Income Security Act of 1974, as Amended.
OMB Control Number: 1210-0039.
Affected Public: Private Sector--Businesses or other for-profits
not-for-profit institutions.
Total Estimated Number of Respondents: 3,033,000.
Total Estimated Number of Responses: 112,733,000.
Total Estimated Annual Time Burden: 289,000 hours.
Total Estimated Annual Other Costs Burden: $324,020,000.
Authority: 44 U.S.C. 3507(a)(1)(D).
Dated: August 13, 2019.
Frederick Licari,
Departmental Clearance Officer.
[FR Doc. 2019-17829 Filed 8-19-19; 8:45 am]
BILLING CODE 4510-29-P
