Proposed Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums, 51759-51760 [2020-18382]

Download as PDF jbell on DSKJLSW7X2PROD with NOTICES Federal Register / Vol. 85, No. 163 / Friday, August 21, 2020 / Notices Therefore, comments are best assured of having full effect if received by OMB within 5 days of this notice’s publication in the Federal Register. ADDRESSES: You may submit written comments by mail to: Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for OSC, New Executive Office Building, Room 10235, Washington, DC 20503; or by email via: oira_submission@omb.eop.gov. FOR FURTHER INFORMATION CONTACT: Amy Beckett, Senior Litigation Counsel, by telephone at (202) 804–7000, or by email at frliaison@osc.gov. SUPPLEMENTARY INFORMATION: OSC is a permanent independent federal investigative and prosecutorial agency. OSC’s basic authorities come from four federal statutes: The Civil Service Reform Act, the Whistleblower Protection Act, the Hatch Act, and the Uniformed Services Employment & Reemployment Rights Act (USERRA). OSC’s primary mission is to safeguard the merit system by protecting federal employees and applicants from prohibited personnel practices, especially reprisal for whistleblowing, and to serve as a safe channel for allegations of wrongdoing. OSC is required to conduct an annual survey of individuals who seek its assistance. OSC conducts an annual survey pursuant to Section 13 of Public Law 103–424 (1994), codified at 5 U.S.C. 1212 note, which states, in part: ‘‘[T]he survey shall—(1) determine if the individual seeking assistance was fully apprised of their rights; (2) determine whether the individual was successful either at the Office of Special Counsel or the Merit Systems Protection Board; and (3) determine if the individual, whether successful or not, was satisfied with the treatment received from the Office of Special Counsel.’’ The statute requires OSC to publish the survey’s results in OSC’s annual report to Congress. Copies of prior years’ annual reports are available on OSC’s website, at https://osc.gov/Pages/ResourcesReportsAndInfo.aspx or by calling OSC at (202) 804–7000. The prior OSC Annual Survey, OMB Control Number 3255–0003, expired on October 31, 2017. The 2019 Pilot Project Survey, OMB Control Number 3255–0007, expired on March 31, 2020. OSC will use the questionnaires to survey all persons who contacted OSC for assistance during the relevant time period. OSC is requesting emergency approval of this modified collection of information, because by statute OSC must complete and review the annual VerDate Sep<11>2014 19:04 Aug 20, 2020 Jkt 250001 survey by the end of FY2020, less than 45 days from the date of this Notice, well before the normal expiration periods; because obtaining the survey responses is essential to OSC’s mission and must also be provided to Congress in OSC’s annual report; and because OSC faced an unanticipated event with office disruptions due to the Coronavirus pandemic preventing earlier publication. The survey questionnaires are available for review on line at https:// osc.gov/Resources/Pages/ Reports.aspx#tabGroup07 or by calling OSC at (202) 804–7000. Type of Information Collection Request: The survey seeks to determine whether individuals seeking assistance were fully apprised of their rights; were successful either at OSC or the MSPB; and whether successful or not, were satisfied with the treatment they received from OSC. Affected public: Individuals (or their representatives) who sought OSC services through: (1) Submitting complaints alleging prohibited personnel practice, USERRA violations, or Hatch Act violations; (2) disclosures of information alleging violation of law, rule, or regulation, gross mismanagement or waste of funds, abuse of authority, substantial and specific danger to public health and/or safety, or censorship related to scientific research; or (3) seeking Hatch Act advisory opinions. Respondent’s Obligation: Voluntary. Estimated Annual Number of Survey Form Respondents: 600. Frequency of Survey form use: Onetime. Estimated Average Amount of Time for a Person to Respond to survey: 5.5 minutes. Estimated Annual Survey Burden: 55 hours. Dated: August 17, 2020. Travis Millsaps, Deputy Special Counsel for Public Policy. [FR Doc. 2020–18358 Filed 8–20–20; 8:45 am] BILLING CODE 7405–01–P PENSION BENEFIT GUARANTY CORPORATION Proposed Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums Pension Benefit Guaranty Corporation. ACTION: Notice of intent to request OMB approval of revised collection of information. AGENCY: PO 00000 Frm 00086 Fmt 4703 Sfmt 4703 51759 The Pension Benefit Guaranty Corporation (PBGC) is modifying the collection of information under its regulation on Payment of Premiums (OMB control number 1212–0009; expiring December 31, 2022) and intends to request that the Office of Management and Budget (OMB) approve the revised collection of information under the Paperwork Reduction Act for three years. This notice informs the public of PBGC’s intent and solicits public comment on the collection of information DATES: Comments must be submitted on or before October 20, 2020. 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: 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. All submissions received must include the agency’s name (Pension Benefit Guaranty Corporation, or PBGC) and refer to Payment of Premiums. All comments received will be posted without change to PBGC’s website, https://www.pbgc.gov, including any personal information provided. Copies of the revisions to the collection of information may also 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. PBGC’s laws and procedures for payment of premiums may be accessed on PBGC’s website at https://www.pbgc.gov. FOR FURTHER INFORMATION CONTACT: Melissa Rifkin (rifkin.melissa@ pbgc.gov), Attorney, Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005–4026; 202–229–6563. (TTY users may call the Federal relay service tollfree at 800–877–8339 and ask to be connected to 202–326–4400, extension 6563.) SUPPLEMENTARY INFORMATION: Section 4007 of title IV of the Employee Retirement Income Security Act of 1974 (ERISA) requires pension plans covered under title IV pension insurance programs to pay premiums to PBGC. All SUMMARY: E:\FR\FM\21AUN1.SGM 21AUN1 jbell on DSKJLSW7X2PROD with NOTICES 51760 Federal Register / Vol. 85, No. 163 / Friday, August 21, 2020 / Notices plans covered by title IV pay a flat-rate per-participant premium. An underfunded single-employer plan also pays a variable-rate premium based on the value of the plan’s unfunded vested benefits. Pursuant to section 4007, PBGC has issued its regulation on Payment of Premiums (29 CFR part 4007). Under § 4007.3 of the premium payment regulation, the plan administrator of each pension plan covered by title IV of ERISA is required to file a premium payment and information prescribed by PBGC for each premium payment year. Premium information is filed electronically using ‘‘My Plan Administration Account’’ (‘‘My PAA’’) through PBGC’s website. Under § 4007.10 of the premium payment regulation, plan administrators are required to retain records about premiums and information submitted in premium filings. Premium filings report (i) the flat-rate premium and related data (all plans), (ii) the variable-rate premium and related data (single-employer plans), and (iii) additional data such as identifying information and miscellaneous planrelated or filing-related data (all plans). PBGC needs this information to identify the plans for which premiums are paid, to verify whether the amounts paid are correct, to help PBGC determine the magnitude of its exposure in the event of plan termination, to help track the creation of new plans and transfer of participants and plan assets and liabilities among plans, and to keep PBGC’s insured-plan inventory up to date. That information and the retained records are also needed for audit purposes. PBGC intends to modify the 2021 premium filing to require certain plans that transferred assets to another plan (or received assets from another plan) at the beginning of the plan year to report information about the transfer. Such plans will be required to report whether the transfer was de minimis and, in the case of a de minimis merger, whether the transferee plan had fewer assets than the transferor plan. This information is necessary to verify that the date reported as the ‘‘participant count date’’ (i.e., the date as of which participants are counted for premium purposes) is correct. PBGC also intends to update the premium rates and make conforming, clarifying, and editorial changes. One such change, to conform with the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019, is adding the option of ‘‘CSEC plan’’ (meaning cooperative and small- VerDate Sep<11>2014 19:04 Aug 20, 2020 Jkt 250001 employer charity plan) as a response to the question of ‘‘Plan type.’’ The collection of information under the regulation has been approved through December 31, 2022, by OMB under control number 1212–0009. PBGC intends to request that OMB approve the revised collection of information 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 31,245 premium filings per year from 31,245 plan administrators under this collection of information. PBGC further estimates that the annual burden of this collection of information is 13,540 hours and $21,621,540. 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. Stephanie Cibinic, Deputy Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2020–18382 Filed 8–20–20; 8:45 am] BILLING CODE 7709–02–P POSTAL REGULATORY COMMISSION [Docket Nos. MC2020–222 and CP2020–252; Docket Nos. MC2020–223 and CP2020–253] New Postal Products Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is noticing a recent Postal Service filing for the Commission’s consideration concerning a negotiated service agreement. This notice informs the public of the filing, SUMMARY: PO 00000 Frm 00087 Fmt 4703 Sfmt 4703 invites public comment, and takes other administrative steps. DATES: Comments are due: August 25, 2020. 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. ADDRESSES: 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 3011.301.1 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 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). E:\FR\FM\21AUN1.SGM 21AUN1

Agencies

Pension Benefit Guaranty Corporation

[Federal Register Volume 85, Number 163 (Friday, August 21, 2020)]
[Notices]
[Pages 51759-51760]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-18382]


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PENSION BENEFIT GUARANTY CORPORATION


Proposed Submission of Information Collection for OMB Review; 
Comment Request; Payment of Premiums

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of intent to request OMB approval of revised collection 
of information.

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

SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is modifying 
the collection of information under its regulation on Payment of 
Premiums (OMB control number 1212-0009; expiring December 31, 2022) and 
intends to request that the Office of Management and Budget (OMB) 
approve the revised collection of information under the Paperwork 
Reduction Act for three years. This notice informs the public of PBGC's 
intent and solicits public comment on the collection of information

DATES: Comments must be submitted on or before October 20, 2020.

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].
     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 Payment of 
Premiums. All comments received will be posted without change to PBGC's 
website, https://www.pbgc.gov, including any personal information 
provided.
    Copies of the revisions to the collection of information may also 
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. PBGC's laws 
and procedures for payment of premiums may be accessed on PBGC's 
website at https://www.pbgc.gov.

FOR FURTHER INFORMATION CONTACT: Melissa Rifkin 
([email protected]), Attorney, Regulatory Affairs Division, 
Office of the General Counsel, Pension Benefit Guaranty Corporation, 
1200 K Street NW, Washington, DC 20005-4026; 202-229-6563. (TTY users 
may call the Federal relay service toll-free at 800-877-8339 and ask to 
be connected to 202-326-4400, extension 6563.)

SUPPLEMENTARY INFORMATION: Section 4007 of title IV of the Employee 
Retirement Income Security Act of 1974 (ERISA) requires pension plans 
covered under title IV pension insurance programs to pay premiums to 
PBGC. All

[[Page 51760]]

plans covered by title IV pay a flat-rate per-participant premium. An 
underfunded single-employer plan also pays a variable-rate premium 
based on the value of the plan's unfunded vested benefits.
    Pursuant to section 4007, PBGC has issued its regulation on Payment 
of Premiums (29 CFR part 4007). Under Sec.  4007.3 of the premium 
payment regulation, the plan administrator of each pension plan covered 
by title IV of ERISA is required to file a premium payment and 
information prescribed by PBGC for each premium payment year. Premium 
information is filed electronically using ``My Plan Administration 
Account'' (``My PAA'') through PBGC's website. Under Sec.  4007.10 of 
the premium payment regulation, plan administrators are required to 
retain records about premiums and information submitted in premium 
filings.
    Premium filings report (i) the flat-rate premium and related data 
(all plans), (ii) the variable-rate premium and related data (single-
employer plans), and (iii) additional data such as identifying 
information and miscellaneous plan-related or filing-related data (all 
plans). PBGC needs this information to identify the plans for which 
premiums are paid, to verify whether the amounts paid are correct, to 
help PBGC determine the magnitude of its exposure in the event of plan 
termination, to help track the creation of new plans and transfer of 
participants and plan assets and liabilities among plans, and to keep 
PBGC's insured-plan inventory up to date. That information and the 
retained records are also needed for audit purposes.
    PBGC intends to modify the 2021 premium filing to require certain 
plans that transferred assets to another plan (or received assets from 
another plan) at the beginning of the plan year to report information 
about the transfer. Such plans will be required to report whether the 
transfer was de minimis and, in the case of a de minimis merger, 
whether the transferee plan had fewer assets than the transferor plan. 
This information is necessary to verify that the date reported as the 
``participant count date'' (i.e., the date as of which participants are 
counted for premium purposes) is correct.
    PBGC also intends to update the premium rates and make conforming, 
clarifying, and editorial changes. One such change, to conform with the 
Setting Every Community Up for Retirement Enhancement (SECURE) Act of 
2019, is adding the option of ``CSEC plan'' (meaning cooperative and 
small-employer charity plan) as a response to the question of ``Plan 
type.''
    The collection of information under the regulation has been 
approved through December 31, 2022, by OMB under control number 1212-
0009. PBGC intends to request that OMB approve the revised collection 
of information 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 31,245 premium filings per year 
from 31,245 plan administrators under this collection of information. 
PBGC further estimates that the annual burden of this collection of 
information is 13,540 hours and $21,621,540.
    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.
Stephanie Cibinic,
Deputy Assistant General Counsel for Regulatory Affairs, Pension 
Benefit Guaranty Corporation.
[FR Doc. 2020-18382 Filed 8-20-20; 8:45 am]
BILLING CODE 7709-02-P

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