Agency Information Collection Activities; Submission for OMB Review; Comment Request; Employee Retirement Income Security Act Prohibited Transaction Class Exemption 1981-8, Investment of Plan Assets in Certain Types of Short-Term Investments, 78871-78872 [2020-26853]
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Federal Register / Vol. 85, No. 235 / Monday, December 7, 2020 / Notices
the functions of the Department,
including whether the information will
have practical utility; (2) if the
information will be processed and used
in a timely manner; (3) the accuracy of
the agency’s estimates of the burden and
cost of the collection of information,
including the validity of the
methodology and assumptions used; (4)
ways to enhance the quality, utility and
clarity of the information collection; and
(5) ways to minimize the burden of the
collection of information on those who
are to respond, including the use of
automated collection techniques or
other forms of information technology.
FOR FURTHER INFORMATION CONTACT:
Mara Blumenthal by telephone at 202–
693–8538 (this is not a toll-free number)
or by email at DOL_PRA_PUBLIC@
dol.gov.
Section
203(a)(3)(B) of the Employee Retirement
Income Security Act of 1974 (ERISA)
governs the circumstances under which
pension plans may suspend pension
benefit payments to retirees who return
to work or to participants who continue
to work beyond normal retirement age.
This section sets forth the circumstances
and conditions under which such
benefit payments may be suspended.
For additional substantive information
about this ICR, see the related notice
published in the Federal Register on
April 29, 2020 (85 FR 23856).
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 the OMB
approves it 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 OMB Control Number.
See 5 CFR 1320.5(a) and 1320.6.
DOL seeks PRA authorization for this
information collection for three (3)
years. OMB authorization for an ICR
cannot be for more than three (3) years
without renewal. The DOL notes that
information collection requirements
submitted to the OMB for existing ICRs
receive a month-to-month extension
while they undergo review.
Agency: DOL–EBSA.
Title of Collection: Suspension of
Pension Benefits Pursuant to
Regulations 29 CFR 2530.203–3.
OMB Control Number: 1210–0048.
Affected Public: Private Sector—
Businesses or other for-profits.
Total Estimated Number of
Respondents: 39,457.
khammond on DSKJM1Z7X2PROD with NOTICES
SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
18:32 Dec 04, 2020
Jkt 253001
Total Estimated Number of
Responses: 171,221.
Total Estimated Annual Time Burden:
132,639.
Total Estimated Annual Other Costs
Burden: $ 48,524.
Authority: 44 U.S.C. 3507(a)(1)(D).
Dated: December 2, 2020.
Anthony May,
Management and Program Analyst.
[FR Doc. 2020–26852 Filed 12–4–20; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Employee
Retirement Income Security Act
Prohibited Transaction Class
Exemption 1981–8, Investment of Plan
Assets in Certain Types of Short-Term
Investments
Notice of availability; request
for comments.
ACTION:
The Department of Labor
(DOL) is submitting this Employee
Benefits Security Administration
(EBSA)-sponsored information
collection request (ICR) to the Office of
Management and Budget (OMB) for
review and approval 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 January 6, 2021.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
Comments are invited on: (1) Whether
the collection of information is
necessary for the proper performance of
the functions of the Department,
including whether the information will
have practical utility; (2) if the
information will be processed and used
in a timely manner; (3) the accuracy of
the agency’s estimates of the burden and
cost of the collection of information,
including the validity of the
methodology and assumptions used; (4)
ways to enhance the quality, utility and
clarity of the information collection; and
(5) ways to minimize the burden of the
collection of information on those who
are to respond, including the use of
SUMMARY:
PO 00000
Frm 00051
Fmt 4703
Sfmt 4703
78871
automated collection techniques or
other forms of information technology.
FOR FURTHER INFORMATION CONTACT:
Mara Blumenthal by telephone at 202–
693–8538 (this is not a toll-free number)
or by email at DOL_PRA_PUBLIC@
dol.gov.
The
Employee Retirement Income Security
Act of 1974 (ERISA), and the Internal
Revenue Code (the Code), provide that
the Secretary of Labor and the Secretary
of Treasury, respectively, may grant
exemptions from certain prohibited
transaction provisions under ERISA and
the Code. Section 408(a) of ERISA
authorizes the Secretary of Labor to
grant administrative exemptions from
the restrictions of section 406 of ERISA
while section 4975(c)(2) of the Code
authorizes the Secretary of Treasury or
his delegate to grant exemptions from
the prohibitions of section 4975(c)(1).
This class exemption (PTE 81–8),
exempts from the prohibited transaction
restrictions the investment of plan
assets in certain short-term investments
in debt obligations issued by certain
persons who provide services to the
plan or are affiliated with such service
providers. For additional substantive
information about this ICR, see the
related notice published in the Federal
Register on April 29, 2020 (85 FR
23856).
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 the OMB
approves it 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 OMB Control Number.
See 5 CFR 1320.5(a) and 1320.6.
DOL seeks PRA authorization for this
information collection for three (3)
years. OMB authorization for an ICR
cannot be for more than three (3) years
without renewal. The DOL notes that
information collection requirements
submitted to the OMB for existing ICRs
receive a month-to-month extension
while they undergo review.
Agency: DOL–EBSA.
Title of Collection: Employee
Retirement Income Security Act
Prohibited Transaction Class Exemption
1981–8, Investment of Plan Assets in
Certain Types of Short-Term
Investments.
OMB Control Number: 1210–0061.
SUPPLEMENTARY INFORMATION:
E:\FR\FM\07DEN1.SGM
07DEN1
78872
Federal Register / Vol. 85, No. 235 / Monday, December 7, 2020 / Notices
Affected Public: Private Sector—
Businesses or other for-profits and notfor-profit institutions.
Total Estimated Number of
Respondents: 95,170.
Total Estimated Number of
Responses: 475,850.
Total Estimated Annual Time Burden:
118,963.
Total Estimated Annual Other Costs
Burden: $ 114,109.
Authority: 44 U.S.C. 3507(a)(1)(D).
Dated: December 2, 2020.
Anthony May,
Management and Program Analyst.
[FR Doc. 2020–26853 Filed 12–4–20; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
[Agency Information Collection Activities;
Submission for OMB Review; Comment
Request; Prohibited Transaction Class
Exemption 1998–54 Relating to Certain
Employee Benefit Plan Foreign Exchange
Transactions Executed Pursuant to
Standing Instructions
Notice of availability; request for
comments.
The Department of Labor
(DOL) is submitting this Employee
Benefits Security Administration
(EBSA)-sponsored information
collection request (ICR) to the Office of
Management and Budget (OMB) for
review and approval 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 January 6, 2021.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
Comments are invited on: (1) Whether
the collection of information is
necessary for the proper performance of
the functions of the Department,
including whether the information will
have practical utility; (2) if the
information will be processed and used
in a timely manner; (3) the accuracy of
the agency’s estimates of the burden and
cost of the collection of information,
including the validity of the
methodology and assumptions used; (4)
ways to enhance the quality, utility and
clarity of the information collection; and
khammond on DSKJM1Z7X2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
18:32 Dec 04, 2020
Jkt 253001
(5) ways to minimize the burden of the
collection of information on those who
are to respond, including the use of
automated collection techniques or
other forms of information technology.
FOR FURTHER INFORMATION CONTACT:
Mara Blumenthal by telephone at 202–
693–8538 (this is not a toll-free number)
or by email at DOL_PRA_PUBLIC@
dol.gov.
SUPPLEMENTARY INFORMATION: The
Employee Retirement Income Security
Act of 1974 (ERISA), and the Internal
Revenue Code (the Code), provide that
the Secretary of Labor and the Secretary
of Treasury, respectively, may grant
exemptions from certain prohibited
transaction provisions under ERISA and
the Code. Section 408(a) of ERISA
authorizes the Secretary of Labor to
grant administrative exemptions from
the restrictions of section 406 of ERISA
while section 4975(c)(2) of the Code
authorizes the Secretary of Treasury or
his delegate to grant exemptions from
the prohibitions of section 4975(c)(1).
The class exemption that is the subject
of this submission would permit certain
foreign exchange transactions between
employee benefit plans and certain
banks and broker-dealers that are parties
in interest with respect to such plans.
For purposes of this exemption, a
foreign exchange transaction is the
exchange of currency of one nation for
the currency of another nation. For
additional substantive information
about this ICR, see the related notice
published in the Federal Register on
April 29, 2020 (85 FR 23856).
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 the OMB
approves it 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 OMB Control Number.
See 5 CFR 1320.5(a) and 1320.6.
DOL seeks PRA authorization for this
information collection for three (3)
years. OMB authorization for an ICR
cannot be for more than three (3) years
without renewal. The DOL notes that
information collection requirements
submitted to the OMB for existing ICRs
receive a month-to-month extension
while they undergo review.
Agency: DOL–EBSA.
Title of Collection: Prohibited
Transaction Class Exemption 1998–54
Relating to Certain Employee Benefit
Plan Foreign Exchange Transactions
PO 00000
Frm 00052
Fmt 4703
Sfmt 4703
Executed Pursuant to Standing
Instructions.
OMB Control Number: 1210–0111.
Affected Public: Private Sector—
Businesses or other for-profits.
Total Estimated Number of
Respondents: 35.
Total Estimated Number of
Responses: 420,000.
Total Estimated Annual Time Burden:
4,200.
Total Estimated Annual Other Costs
Burden: $0.
Authority: 44 U.S.C. 3507(a)(1)(D).
Dated: December 2, 2020.
Anthony May,
Management and Program Analyst.
[FR Doc. 2020–26854 Filed 12–4–20; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Mine Safety and Health Administration
[OMB Control No. 1219–0066]
Proposed Extension of Information
Collection; Testing, Evaluation, and
Approval of Mining Products
Mine Safety and Health
Administration, Labor.
ACTION: Request for public comments.
AGENCY:
The Department of Labor, as
part of its continuing effort to reduce
paperwork and respondent burden,
conducts a pre-clearance consultation
program to provide the general public
and Federal agencies with an
opportunity to comment on proposed
collections of information in accordance
with the Paperwork Reduction Act of
1995. This program helps to ensure that
requested data can be provided in the
desired format, reporting burden (time
and financial resources) is minimized,
collection instruments are clearly
understood, and the impact of collection
requirements on respondents can be
properly assessed. Currently, the Mine
Safety and Health Administration
(MSHA) is soliciting comments on the
information collection for Testing,
Evaluation, and Approval of Mining
Products, 30 CFR Subchapter B—parts 6
through 36.
DATES: All comments must be received
on or before February 5, 2021.
ADDRESSES: You may submit comment
as follows. Please note that late,
untimely filed comments will not be
considered. Electronic Submissions:
Submit electronic comments in the
following way:
• Federal eRulemaking Portal:
https://www.regulations.gov. Follow the
instructions for submitting comments
SUMMARY:
E:\FR\FM\07DEN1.SGM
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]]>Agencies
[Federal Register Volume 85, Number 235 (Monday, December 7, 2020)]
[Notices]
[Pages 78871-78872]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-26853]
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DEPARTMENT OF LABOR
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Employee Retirement Income Security Act
Prohibited Transaction Class Exemption 1981-8, Investment of Plan
Assets in Certain Types of Short-Term Investments
ACTION: Notice of availability; request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of Labor (DOL) is submitting this Employee
Benefits Security Administration (EBSA)-sponsored information
collection request (ICR) to the Office of Management and Budget (OMB)
for review and approval 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 January 6, 2021.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
Comments are invited on: (1) Whether the collection of information
is necessary for the proper performance of the functions of the
Department, including whether the information will have practical
utility; (2) if the information will be processed and used in a timely
manner; (3) the accuracy of the agency's estimates of the burden and
cost of the collection of information, including the validity of the
methodology and assumptions used; (4) ways to enhance the quality,
utility and clarity of the information collection; and (5) ways to
minimize the burden of the collection of information on those who are
to respond, including the use of automated collection techniques or
other forms of information technology.
FOR FURTHER INFORMATION CONTACT: Mara Blumenthal by telephone at 202-
693-8538 (this is not a toll-free number) or by email at
[email protected].
SUPPLEMENTARY INFORMATION: The Employee Retirement Income Security Act
of 1974 (ERISA), and the Internal Revenue Code (the Code), provide that
the Secretary of Labor and the Secretary of Treasury, respectively, may
grant exemptions from certain prohibited transaction provisions under
ERISA and the Code. Section 408(a) of ERISA authorizes the Secretary of
Labor to grant administrative exemptions from the restrictions of
section 406 of ERISA while section 4975(c)(2) of the Code authorizes
the Secretary of Treasury or his delegate to grant exemptions from the
prohibitions of section 4975(c)(1). This class exemption (PTE 81-8),
exempts from the prohibited transaction restrictions the investment of
plan assets in certain short-term investments in debt obligations
issued by certain persons who provide services to the plan or are
affiliated with such service providers. For additional substantive
information about this ICR, see the related notice published in the
Federal Register on April 29, 2020 (85 FR 23856).
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 the OMB approves it 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
OMB Control Number. See 5 CFR 1320.5(a) and 1320.6.
DOL seeks PRA authorization for this information collection for
three (3) years. OMB authorization for an ICR cannot be for more than
three (3) years without renewal. The DOL notes that information
collection requirements submitted to the OMB for existing ICRs receive
a month-to-month extension while they undergo review.
Agency: DOL-EBSA.
Title of Collection: Employee Retirement Income Security Act
Prohibited Transaction Class Exemption 1981-8, Investment of Plan
Assets in Certain Types of Short-Term Investments.
OMB Control Number: 1210-0061.
[[Page 78872]]
Affected Public: Private Sector-- Businesses or other for-profits
and not-for-profit institutions.
Total Estimated Number of Respondents: 95,170.
Total Estimated Number of Responses: 475,850.
Total Estimated Annual Time Burden: 118,963.
Total Estimated Annual Other Costs Burden: $ 114,109.
Authority: 44 U.S.C. 3507(a)(1)(D).
Dated: December 2, 2020.
Anthony May,
Management and Program Analyst.
[FR Doc. 2020-26853 Filed 12-4-20; 8:45 am]
BILLING CODE 4510-29-P
