Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums, 83630-83631 [2020-28193]

Download as PDF 83630 Federal Register / Vol. 85, No. 246 / Tuesday, December 22, 2020 / Notices U.S. Government cannot authorize the export of EURATOM-obligated or Canadian-obligated material from the U.S. to the U.K. without prior approval for retransfer from EURATOM or the Canadian government, respectively. Therefore, beginning on January 1, 2021, ConverDyn will no longer be authorized to export EURATOM-obligated and Canadian-obligated material to the U.K. under licenses XSOU8846/01 and XSOU8789/07 until such prior approval is received. III Accordingly, pursuant to Sections 62, 64, 123, 127, 161b, 161i, 183, and 186 of the AEA, and 10 CFR 110.50(a)(1) and (2) and 110.52, IT IS HEREBY ORDERED, EFFECTIVE January 1, 2021, THAT LICENSES XSOU8846/01 AND XSOU8789/07 ARE MODIFIED AS FOLLOWS: A. The licensee’s authorization to export EURATOM-obligated material to the U.K. is suspended, and such exports are prohibited, until the licensee receives notice from the NRC that the United States Government has obtained EURATOM’s pre-approval, pursuant to the U.S./EURATOM 123 Agreement, to retransfer EURATOMobligated material to the U.K. When the licensee receives such notice from the NRC, this provision of the Order will expire without any further action by the NRC. B. The licensee’s authorization to export Canadian-obligated material to the U.K. is suspended, and such exports are prohibited, until the licensee receives notice from the NRC that the United States Government has obtained Canada’s approval, pursuant to the U.S./Canada 123 Agreement, to retransfer Canadian-obligated material to the U.K. When the licensee receives such notice from the NRC, this provision of the Order will expire without any further action by the NRC. jbell on DSKJLSW7X2PROD with NOTICES The NRC finds that this action is required by operation of law and the common defense and security of the United States. Therefore, in accordance with 10 CFR 110.52(c), the licensee need not be afforded an opportunity to reply and be heard prior to issuance of this Order. For the Nuclear Regulatory Commission Nader L. Mamish, Director, Office of International Programs. Dated at Rockville, Maryland this 16th day of December 2020. [FR Doc. 2020–28160 Filed 12–21–20; 8:45 am] BILLING CODE 7590–01–P VerDate Sep<11>2014 17:30 Dec 21, 2020 Jkt 253001 PENSION BENEFIT GUARANTY CORPORATION Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums Pension Benefit Guaranty Corporation. ACTION: Notice of request for OMB approval of revised collection of information. AGENCY: 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 requests 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 request and solicits public comment on the collection of information SUMMARY: Comments must be submitted on or before January 21, 2021. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to https://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. A copy of the request will be posted on PBGC’s website at https:// www.pbgc.gov/prac/laws-andregulation/federal-register-notices-openfor-comment. It 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. 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 202–229–6563.) 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 DATES: PO 00000 Frm 00121 Fmt 4703 Sfmt 4703 programs to pay premiums to PBGC. All 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 additional information about the transfer. More specifically, 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 E:\FR\FM\22DEN1.SGM 22DEN1 Federal Register / Vol. 85, No. 246 / Tuesday, December 22, 2020 / Notices plan’’ (meaning cooperative and smallemployer charity plan) as a response to the question of ‘‘Plan type.’’ The collection of information under the regulation has been approved through December 21, 2022, by OMB under control number 1212–0009. On August 21, 2020, PBGC published in the Federal Register (at 85 FR 51759) a notice informing the public of its intent to request approval of the revised collection of information. PBGC did not receive any comments. 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. Issued in Washington, DC, by. Stephanie Cibinic, Deputy Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2020–28193 Filed 12–21–20; 8:45 am] BILLING CODE 7709–02–P OFFICE OF PERSONNEL MANAGEMENT President’s Commission on White House Fellowships Advisory Committee: Closed Meeting President’s Commission on White House Fellowships, Office of Personnel Management. ACTION: Notice of meeting. AGENCY: jbell on DSKJLSW7X2PROD with NOTICES VerDate Sep<11>2014 17:30 Dec 21, 2020 Jkt 253001 Alexys Stanley, Regulatory Affairs Director. [FR Doc. 2020–28144 Filed 12–21–20; 8:45 am] BILLING CODE 6325–44–P POSTAL REGULATORY COMMISSION [Docket Nos. CP2019–198; CP2019–199; CP2020–141; CP2020–184; CP2020–189; CP2020–192; CP2020–193; MC2021–48 and CP2021–50] 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, invites public comment, and takes other administrative steps. DATES: Comments are due: December 28, 2020 and December 29, 2020. 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. SUMMARY: FOR FURTHER INFORMATION CONTACT: The President’s Commission on White House Fellowships (PCWHF) was established by an Executive Order in 1964. The PCWHF is an advisory committee composed of Special Government Employees appointed by the President. FOR FURTHER INFORMATION CONTACT: Elizabeth D. Pinkerton, 712 Jackson Place NW, Washington, DC 20503, Phone: 202–395–4522. SUPPLEMENTARY INFORMATION: The meeting is closed. Name of Committee: President’s Commission on White House Fellowships Mid-Year Meeting. Date: January 4–5, 2021. Time: 8:00 a.m.–5:30 p.m. Place Eisenhower Executive Office Building, 1650 Pennsylvania Ave. NW, Washington, DC 20502. Agenda: The Commission holds a mid-year meeting to talk with current SUMMARY: Fellows on how their placements are going and discuss preparation for future events. President’s Commission on White House Fellowships. David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: The December 28, 2020 comment due date applies to Docket Nos. CP2019–198; CP2019–199; CP2020–141; CP2020–184; CP2020–189. The December 29, 2020 comment due date applies to Docket Nos. CP2020– 192; CP2020–193; MC2021–48 and CP2021–50. 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 PO 00000 Frm 00122 Fmt 4703 Sfmt 4703 83631 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 requirements include 39 U.S.C. 3622, 39 U.S.C. 3642, 39 CFR part 3030, and 39 CFR part 3040, 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 3035, and 39 CFR part 3040, subpart B. Comment deadline(s) for each request appear in section II. 1. Docket No(s).: CP2019–198; Filing Title: USPS Notice of Amendment to Priority Mail Contract 543, Filed Under Seal; Filing Acceptance Date: December 16, 2020; Filing Authority: 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: December 28, 2020. 2. Docket No(s).: CP2019–199; Filing Title: USPS Notice of Amendment to Priority Mail Contract 544, Filed Under Seal; Filing Acceptance Date: December 16, 2020; Filing Authority: 39 CFR 3035.105; Public Representative: Christopher C. Mohr; Comments Due: December 28, 2020. 3. Docket No(s).: CP2020–141; Filing Title: Notice of the United States Postal Service of Filing Modifications to Inbound Competitive Multi-Service IRA–USPS Agreement; Filing Acceptance Date: December 16, 2020; 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\22DEN1.SGM 22DEN1

Agencies

[Federal Register Volume 85, Number 246 (Tuesday, December 22, 2020)]
[Notices]
[Pages 83630-83631]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-28193]


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PENSION BENEFIT GUARANTY CORPORATION


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

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of request for 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 
requests 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 request and 
solicits public comment on the collection of information

DATES: Comments must be submitted on or before January 21, 2021.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to https://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.
    A copy of the request will be posted on PBGC's website at https://www.pbgc.gov/prac/laws-and-regulation/federal-register-notices-open-for-comment. It 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.

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 202-229-6563.)

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 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 additional 
information about the transfer. More specifically, 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

[[Page 83631]]

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 21, 2022, by OMB under control number 1212-
0009. On August 21, 2020, PBGC published in the Federal Register (at 85 
FR 51759) a notice informing the public of its intent to request 
approval of the revised collection of information. PBGC did not receive 
any comments. 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.

    Issued in Washington, DC, by.
Stephanie Cibinic,
Deputy Assistant General Counsel for Regulatory Affairs, Pension 
Benefit Guaranty Corporation.
[FR Doc. 2020-28193 Filed 12-21-20; 8:45 am]
BILLING CODE 7709-02-P
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