Agency Information Collection Activities: Proposed Request and Comment Request, 18583-18585 [2021-07266]
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Federal Register / Vol. 86, No. 67 / Friday, April 9, 2021 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.20
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–07274 Filed 4–8–21; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–91474; File No. SR–FINRA–
2020–031]
Self-Regulatory Organizations;
Financial Industry Regulatory
Authority, Inc.; Notice of Designation
of Longer Period for Commission
Action on Proceedings To Determine
Whether To Approve or Disapprove a
Proposed Rule Change, as Modified by
Amendment No. 1, To Adopt Proposed
Rule 6439 (Requirements for Member
Inter-Dealer Quotation Systems) and
Rescind the Rules Related to the OTC
Bulletin Board Service
April 5, 2021.
On September 24, 2020, the Financial
Industry Regulatory Authority, Inc.
(‘‘FINRA’’) filed with the Securities and
Exchange Commission (‘‘Commission’’),
pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (‘‘Act’’
or ‘‘Exchange Act’’) 1 and Rule 19b–4
thereunder,2 a proposed rule change to
rescind the rules related to the OTC
Bulletin Board Service and cease its
operation and to adopt new
requirements for member inter-dealer
quotation systems that disseminate
quotations in equity securities traded
over-the-counter (‘‘OTC’’). The proposed
rule change was published for comment
in the Federal Register on October 7,
2020.3 On November 4, 2020, pursuant
to Section 19(b)(2) of the Act,4 the
Commission designated a longer period
within which to approve the proposed
rule change, disapprove the proposed
rule change, or institute proceedings to
determine whether to disapprove the
proposed rule change.5 On December
21, 2020, FINRA filed Amendment No.
1 to the proposed rule change.6 On
December 30, 2020, the Commission
20 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 See Exchange Act Release No. 90067 (October 1,
2020), 85 FR 63314 (‘‘Notice’’). Comments on the
proposed rule change can be found at: https://
www.sec.gov/comments/sr-finra-2020-031/
srfinra2020031.htm.
4 15 U.S.C. 78s(b)(2).
5 See Exchange Act Release No. 90335, 85 FR 218
(November 10, 2020).
6 Amendment No. 1 may be found at: https://
www.sec.gov/comments/sr-finra-2020-031/
srfinra2020031.htm.
1 15
VerDate Sep<11>2014
17:45 Apr 08, 2021
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published notice of Amendment No. 1
to solicit comments and instituted
proceedings to determine whether to
approve or disapprove the proposed
rule change.7
Section 19(b)(2) of the Act 8 provides
that, after initiating proceedings, the
Commission shall issue an order
approving or disapproving the proposed
rule change not later than 180 days after
the date of publication of notice of filing
of the proposed rule change. The
Commission may extend the period for
issuing an order approving or
disapproving the proposed rule change,
however, by not more than 60 days if
the Commission determines that a
longer period is appropriate and
publishes the reasons for such
determination. The proposed rule
change was published for notice and
comment in the Federal Register on
October 7, 2020.9 April 5, 2021 is 180
days from that date, and June 4, 2021 is
240 days from that date.
The Commission finds it appropriate
to designate a longer period within
which to issue an order approving or
disapproving the proposed rule change
so that it has sufficient time to consider
the proposed rule change, the issues
raised in the comment letters that have
been submitted in connection therewith,
and the Exchange’s responses to
comments. Accordingly, the
Commission, pursuant to Section
19(b)(2) of the Act,10 designates June 4,
2021 as the date by which the
Commission should either approve or
disapprove the proposed rule change
(File No. SR–FINRA–2020–031).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.11
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021–07272 Filed 4–8–21; 8:45 am]
BILLING CODE 8011–01–P
SMALL BUSINESS ADMINISTRATION
[License No. 06/06–0332]
Main Street Capital II, L.P.; Surrender
of License of Small Business
Investment Company
Pursuant to the authority granted to
the United States Small Business
Administration under the Small
Business Investment Act of 1958, as
amended, under Section 309 of the Act
7 See Exchange Act Release No. 90824 (January 6,
2021), 86 FR 653.
8 15 U.S.C. 78s(b)(2).
9 See Notice, supra note 3.
10 15 U.S.C. 78s(b)(2).
11 17 CFR 200.30–3(a)(57).
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Fmt 4703
Sfmt 4703
18583
and Section 107.1900 of the Small
Business Administration Rules and
Regulations (13 CFR 107.1900) to
function as a small business investment
company under the Small Business
Investment Company License No. 06/
06–0332 issued to Main Street Capital II,
L.P., said license is hereby declared null
and void.
Small Business Administration.
Thomas G. Morris,
Acting Associate Administrator, Director,
Office of SBIC Liquidation, Office of
Investment and Innovation.
[FR Doc. 2021–07325 Filed 4–8–21; 8:45 am]
BILLING CODE P
SOCIAL SECURITY ADMINISTRATION
[Docket No: SSA–2021–0009]
Agency Information Collection
Activities: Proposed Request and
Comment Request
The Social Security Administration
(SSA) publishes a list of information
collection packages requiring clearance
by the Office of Management and
Budget (OMB) in compliance with
Public Law 104–13, the Paperwork
Reduction Act of 1995, effective October
1, 1995. This notice includes revisions
of OMB-approved information
collections.
SSA is soliciting comments on the
accuracy of the agency’s burden
estimate; the need for the information;
its practical utility; ways to enhance its
quality, utility, and clarity; and ways to
minimize burden on respondents,
including the use of automated
collection techniques or other forms of
information technology. Mail, email, or
fax your comments and
recommendations on the information
collection(s) to the OMB Desk Officer
and SSA Reports Clearance Officer at
the following addresses or fax numbers.
(OMB), Office of Management and
Budget, Attn: Desk Officer for SSA,
Comments: https://www.reginfo.gov/
public/do/PRAMain. Submit your
comments online referencing Docket ID
Number [SSA–2021–0009].
(SSA), Social Security
Administration, OLCA, Attn: Reports
Clearance Director, 3100 West High
Rise, 6401 Security Blvd., Baltimore,
MD 21235, Fax: 410–966–2830, Email
address: OR.Reports.Clearance@ssa.gov,
Or you may submit your comments
online through https://www.reginfo.gov/
public/do/PRAMain, referencing Docket
ID Number [SSA–2021–0009].
I. The information collection below is
pending at SSA. SSA will submit it to
OMB within 60 days from the date of
E:\FR\FM\09APN1.SGM
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Federal Register / Vol. 86, No. 67 / Friday, April 9, 2021 / Notices
this notice. To be sure we consider your
comments, we must receive them no
later than June 8, 2021. Individuals can
obtain copies of the collection
instrument by writing to the above
email address.
Social Security Number Verification
Services—20 CFR 401.45—0960–0660.
Internal Revenue Service regulations
require employers to provide wage and
tax data to SSA using Form W–2, or its
electronic equivalent. As part of this
process, the employer must furnish the
employee’s name and Social Security
number (SSN). In addition, the
employee’s name and SSN must match
SSA’s records for SSA to post earnings
to the employee’s earnings record,
which SSA maintains. SSA offers the
Social Security Number Verification
Service (SSNVS), which allows
employers to verify the reported names
Number of
respondents
Modality of completion
SSNVS ..........................................................
I
Frequency of
response
I
44,891
Estimated
total
annual
burden
(hours)
Average
burden per
response
(minutes)
Number of
responses
I
60
and SSNs of their employees match
those in SSA’s records. SSNVS is a costfree method for employers to verify
employee information via the internet.
The respondents are employers who
need to verify SSN data using SSA’s
records.
Type of Request: Revision of an OMBapproved information collection.
I
2,693,460
I
5
224,455
Average
theoretical
hourly cost
amount
(dollars) *
I
* $38.23
Total annual
opportunity
cost
(dollars) **
I
** $8,580,915
* We based this figure on the average hourly wage for Accountants and Auditors, as reported by the U.S. Bureau of Labor Statistics data (https://www.bls.gov/oes/
current/oes132011.htm).
** This figure does not represent actual costs that SSA is imposing on recipients of Social Security payments to complete this application; rather, these are theoretical opportunity costs for the additional time respondents will spend to complete the application. There is no actual charge to respondents to complete the
application.
II. SSA submitted the information
collections below to OMB for clearance.
Your comments regarding these
information collections would be most
useful if OMB and SSA receive them 30
days from the date of this publication.
To be sure we consider your comments,
we must receive them no later than May
10, 2021. Individuals can obtain copies
of these OMB clearance packages by
writing to OR.Reports.Clearance@
ssa.gov.
1. Statement of Living Arrangements,
In-Kind Support, and Maintenance—20
CFR 416.1130–416.1148—0960–0174.
SSA determines Supplemental Security
Income (SSI) payment amounts based
on applicants’ and recipients’ needs. We
measure individuals’ needs, in part, by
the amount of income they receive,
including in-kind support and
maintenance in the form of food and
shelter provided by other persons. SSA
uses Form SSA–8006–F4 to determine if
Number of
respondents
Modality of completion
Average
burden per
response
(minutes)
Frequency of
response
in-kind support and maintenance exists
for SSI applicants and recipients. This
information also assists SSA in
determining the income value of in-kind
support and maintenance SSI applicants
and recipients receive. The respondents
are individuals who apply for SSI
payments, or who complete an SSI
eligibility redetermination.
Type of Request: Revision of an OMBapproved information collection.
Estimated
total
annual burden
(hours)
Average
theoretical
hourly cost
amount
(dollars) *
Average wait
time in field
office
(minutes) **
Total annual
opportunity
cost
(dollars) ***
Intranet version (SSI Claims System) ...........
Paper version ................................................
109,436
12,160
1
1
7
7
12,768
1,419
* $10.95
* 10.95
........................
** 24
*** $139,810
*** 68,799
Totals .....................................................
121,596
........................
........................
14,187
........................
........................
*** 208,609
* We based this figure on average DI payments based on SSA’s current FY 2021 data (https://www.ssa.gov/legislation/2021FactSheet.pdf).
** We based this figure on the average FY 2020 wait times for field offices, based on SSA’s current management information data.
*** This figure does not represent actual costs that SSA is imposing on recipients of Social Security payments to complete this application; rather, these are theoretical opportunity costs for the additional time respondents will spend to complete the application. There is no actual charge to respondents to complete the
application.
2. Modified Benefit Formula
Questionnaire—Foreign Pension—0960–
0561. SSA applies the Windfall
Elimination Provision, a modified
benefit formula used to compute U.S.
Social Security benefits for people
entitled to both a pension or annuity
based on employment after 1956 not
covered by U.S. Social Security (that is,
a ‘non-covered pension) and a U.S.
Social Security retirement or disability
insurance benefit. A non-covered
pension is a pension paid by an
employer that does not withhold Social
Security taxes from the employee’s
VerDate Sep<11>2014
17:45 Apr 08, 2021
Jkt 253001
salaries; these are typically state and
local governments or foreign country
employers. SSA uses the information
collected on Form SSA–308 to
determine exactly how much (if any) of
a foreign pension we may use to reduce
the amount of Title II Social Security
retirement or disability benefits under
the modified benefit formula.
Respondents complete Form SSA–308
during the initial claims process if they
indicate they will receive a foreign
pension. A claimant who later receives
a foreign pension must notify SSA and
complete the SSA–308 again. The
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Frm 00091
Fmt 4703
Sfmt 4703
respondents are applicants for Title II
Social Security, or disability benefits
who are first eligible for a foreign
pension after 1985, and who are
entitled, or will be entitled, to a foreign
pension based on an application filed
with the appropriate foreign agency or
employer.
This is a correction notice: SSA
published the incorrect burden
information for this collection at 86 FR
7447, on 1/28/21. We are providing the
correct burden here.
Type of Request: Revision of an OMBapproved information collection.
E:\FR\FM\09APN1.SGM
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Federal Register / Vol. 86, No. 67 / Friday, April 9, 2021 / Notices
Number of
respondents
Modality of completion
SSA–308 .......................................................
I
2,465
Average
burden per
response
(minutes)
Frequency of
response
I
1
I
10
Average
theoretical
hourly cost
amount
(dollars) *
Estimated total
annual burden
(hours)
I
411
I
* $10.95
Average
wait time in
field office
(minutes) **
I
** 24
Total annual
opportunity
cost
(dollars) ***
I
*** $15,297
* We based this figure on average DI payments based on SSA’s current FY 2021 data (https://www.ssa.gov/legislation/2021FactSheet.pdf).
** We based this figure on the average FY 2020 wait times for field offices, based on SSA’s current management information data.
*** This figure does not represent actual costs that SSA is imposing on recipients of Social Security payments to complete this application; rather, these are theoretical opportunity costs for the additional time respondents will spend to complete the application. There is no actual charge to respondents to complete the
application.
Dated: April 5, 2021.
Eric Lowman,
Acting Reports Clearance Officer, Office of
Legislative Development and Operations,
Social Security Administration.
Alabama Southern Railroad, L.L.C.
(ABS), a Class III rail carrier, has filed
a verified notice of exemption pursuant
to 49 CFR 1150.41 to continue to lease
from The Kansas City Southern Railway
Company (KCS) and operate
approximately 85.6 miles of rail lines
extending between: (1) Milepost 17.0
near Columbus, Miss., and milepost
78.9 at Tuscaloosa, Ala. (the Tuscaloosa
Subdivision); (2) milepost 0.0 at
Tuscaloosa and milepost 9.3 near Fox,
Ala. (the Warrior Branch); and (3)
milepost 443.5 at Brookwood Junction,
Ala., and milepost 429.1 at Brookwood,
Ala. (the Brookwood Branch)
(collectively, the Lines).
According to the verified notice, ABS
has leased and operated the Lines since
2005.1 ABS states that it has entered
into an amendment of the lease
agreement governing the Lines, which
will extend the term of the lease until
November 30, 2034. ABS states that it
will continue to be the operator of the
Lines.
According to ABS, the amended lease
between ABS and KCS contains an
interchange commitment that affects
interchange with carriers other than
KCS.2 The affected interchanges are
with Alabama & Gulf Coast Railway
(AGR), BNSF Railway Company (BNSF),
and Columbus & Greenville Railway
(CAGR) at Columbus; 3 Norfolk
Southern Railway Company at
Tuscaloosa; and CSX Transportation,
Inc., at Brookwood. As required under
49 CFR 1150.43(h), ABS provided
additional information regarding the
interchange commitment.
ABS has certified that its projected
annual revenues as a result of this
transaction will not result in ABS
becoming a Class II or Class I rail
carrier, but that its projected annual
revenues will exceed $5 million.
Pursuant to 49 CFR 1150.42(e), if a
carrier’s projected annual revenues will
exceed $5 million, it must, at least 60
days before this exemption is to become
effective, post a notice of its intent to
undertake the proposed transaction at
the workplace of the employees on the
affected lines, serve a copy of the notice
on the national offices of the labor
unions with employees on the affected
lines, and certify to the Board that it has
done so. However, ABS, concurrently
with its verified notice of exemption,
filed a petition for waiver of the 60-day
advance labor notice requirement.
ABS’s waiver request will be addressed
in a separate decision. The Board will
establish the effective date of the
exemption in its separate decision on
the waiver request.
If the notice contains false or
misleading information, the exemption
is void ab initio. Petitions to revoke the
exemption under 49 U.S.C. 10502(d)
may be filed at any time. The filing of
a petition to revoke will not
automatically stay the effectiveness of
the exemption. Petitions for stay must
be filed no later than April 16, 2021.
All pleadings, referring to Docket No.
FD 36353, should be filed with the
1 ABS was granted authority to lease and operate
the Lines in Alabama Southern Railroad—Lease &
Operation Exemption—Kansas City Southern
Railway, FD 34754 (STB served Dec. 2, 2005). ABS
was granted authority for an amendment to the
lease extending its term to November 30, 2024, in
Alabama Southern Railroad—Lease & Operation
Exemption Including Interchange Commitment—
Kansas City Southern Railway, FD 35889 (STB
served Jan. 2, 2015).
2 A copy of the amended lease with the
interchange commitment was submitted under seal.
See 49 CFR 1150.43(h)(1).
3 ABS states that the potential connection with
AGR, BNSF, and CAGR at Columbus exists on a
KCS-owned segment of railroad line that ABS does
not lease (and will not be leasing pursuant to the
present transaction), but over which ABS operates
strictly for purposes of effecting interchange with
KCS at Artesia, Miss.
[FR Doc. 2021–07266 Filed 4–8–21; 8:45 am]
BILLING CODE 4191–02–P
SURFACE TRANSPORTATION BOARD
[Docket No. FD 36353]
Alabama Southern Railroad, L.L.C.—
Lease Exemption With Interchange
Commitment—The Kansas City
Southern Railway Company
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17:45 Apr 08, 2021
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Frm 00092
Fmt 4703
Sfmt 4703
Surface Transportation Board via efiling on the Board’s website. In
addition, one copy of each pleading
must be served on ABS’s representative:
Bradon J. Smith, Fletcher & Sippel LLC,
29 North Wacker Drive, Suite 800,
Chicago, IL 60606.
According to ABS, this action is
categorically excluded from
environmental review under 49 CFR
1105.6(c) and from historic preservation
reporting requirements under 49 CFR
1105.8(b).
Board decisions and notices are
available at www.stb.gov.
Decided: April 5, 2021.
By the Board, Allison C. Davis, Director,
Office of Proceedings.
Eden Besera,
Clearance Clerk.
[FR Doc. 2021–07265 Filed 4–8–21; 8:45 am]
BILLING CODE 4915–01–P
SURFACE TRANSPORTATION BOARD
[Docket No. FD 36495]
GG Railroad, LLC—Acquisition and
Operation Exemption—Line of BQ
Railroad Company
GG Railroad, LLC (GGRR), a
noncarrier and wholly owned
subsidiary of Gavilon Grain LLC, has
filed a verified notice of exemption
under 49 CFR 1150.31 to acquire and
operate approximately 1.64 miles of rail
line located between milepost 8.0 and
milepost 9.64 at Rogers, in Barnes
County, N.D. (the Line). The Line is
currently owned and operated by BQ
Railroad Company (BQRR), a Class III
rail carrier.
The verified notice states that GGRR
and BQRR are parties to an agreement
that, when finalized, will include the
sale of all of BQRR’s rights in the Line
and underlying land to GGRR, to be
conveyed via a quitclaim deed. GGRR
states it will own, operate, and provide
common carrier service to shippers on
the Line, noting there is currently only
one shipper, a grain facility. According
to GGRR, BNSF Railway Company
(BNSF) retains trackage rights over the
Line but has not utilized those trackage
rights in approximately 15 years.
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]]>Agencies
[Federal Register Volume 86, Number 67 (Friday, April 9, 2021)]
[Notices]
[Pages 18583-18585]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-07266]
=======================================================================
-----------------------------------------------------------------------
SOCIAL SECURITY ADMINISTRATION
[Docket No: SSA-2021-0009]
Agency Information Collection Activities: Proposed Request and
Comment Request
The Social Security Administration (SSA) publishes a list of
information collection packages requiring clearance by the Office of
Management and Budget (OMB) in compliance with Public Law 104-13, the
Paperwork Reduction Act of 1995, effective October 1, 1995. This notice
includes revisions of OMB-approved information collections.
SSA is soliciting comments on the accuracy of the agency's burden
estimate; the need for the information; its practical utility; ways to
enhance its quality, utility, and clarity; and ways to minimize burden
on respondents, including the use of automated collection techniques or
other forms of information technology. Mail, email, or fax your
comments and recommendations on the information collection(s) to the
OMB Desk Officer and SSA Reports Clearance Officer at the following
addresses or fax numbers.
(OMB), Office of Management and Budget, Attn: Desk Officer for SSA,
Comments: https://www.reginfo.gov/public/do/PRAMain. Submit your
comments online referencing Docket ID Number [SSA-2021-0009].
(SSA), Social Security Administration, OLCA, Attn: Reports
Clearance Director, 3100 West High Rise, 6401 Security Blvd.,
Baltimore, MD 21235, Fax: 410-966-2830, Email address:
[email protected], Or you may submit your comments online
through https://www.reginfo.gov/public/do/PRAMain, referencing Docket
ID Number [SSA-2021-0009].
I. The information collection below is pending at SSA. SSA will
submit it to OMB within 60 days from the date of
[[Page 18584]]
this notice. To be sure we consider your comments, we must receive them
no later than June 8, 2021. Individuals can obtain copies of the
collection instrument by writing to the above email address.
Social Security Number Verification Services--20 CFR 401.45--0960-
0660. Internal Revenue Service regulations require employers to provide
wage and tax data to SSA using Form W-2, or its electronic equivalent.
As part of this process, the employer must furnish the employee's name
and Social Security number (SSN). In addition, the employee's name and
SSN must match SSA's records for SSA to post earnings to the employee's
earnings record, which SSA maintains. SSA offers the Social Security
Number Verification Service (SSNVS), which allows employers to verify
the reported names and SSNs of their employees match those in SSA's
records. SSNVS is a cost-free method for employers to verify employee
information via the internet. The respondents are employers who need to
verify SSN data using SSA's records.
Type of Request: Revision of an OMB-approved information
collection.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Average
Average burden Estimated total theoretical Total annual
Modality of completion Number of Frequency of Number of per response annual burden hourly cost opportunity
respondents response responses (minutes) (hours) amount cost (dollars)
(dollars) * **
--------------------------------------------------------------------------------------------------------------------------------------------------------
SSNVS............................ 44,891 60 2,693,460 5 224,455 * $38.23 ** $8,580,915
--------------------------------------------------------------------------------------------------------------------------------------------------------
* We based this figure on the average hourly wage for Accountants and Auditors, as reported by the U.S. Bureau of Labor Statistics data (https://www.bls.gov/oes/current/oes132011.htm).
** This figure does not represent actual costs that SSA is imposing on recipients of Social Security payments to complete this application; rather,
these are theoretical opportunity costs for the additional time respondents will spend to complete the application. There is no actual charge to
respondents to complete the application.
II. SSA submitted the information collections below to OMB for
clearance. Your comments regarding these information collections would
be most useful if OMB and SSA receive them 30 days from the date of
this publication. To be sure we consider your comments, we must receive
them no later than May 10, 2021. Individuals can obtain copies of these
OMB clearance packages by writing to [email protected].
1. Statement of Living Arrangements, In-Kind Support, and
Maintenance--20 CFR 416.1130-416.1148--0960-0174. SSA determines
Supplemental Security Income (SSI) payment amounts based on applicants'
and recipients' needs. We measure individuals' needs, in part, by the
amount of income they receive, including in-kind support and
maintenance in the form of food and shelter provided by other persons.
SSA uses Form SSA-8006-F4 to determine if in-kind support and
maintenance exists for SSI applicants and recipients. This information
also assists SSA in determining the income value of in-kind support and
maintenance SSI applicants and recipients receive. The respondents are
individuals who apply for SSI payments, or who complete an SSI
eligibility redetermination.
Type of Request: Revision of an OMB-approved information
collection.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Average
Average burden Estimated theoretical Average wait Total annual
Modality of completion Number of Frequency of per response total annual hourly cost time in field opportunity
respondents response (minutes) burden (hours) amount office cost (dollars)
(dollars) * (minutes) ** ***
--------------------------------------------------------------------------------------------------------------------------------------------------------
Intranet version (SSI Claims System).... 109,436 1 7 12,768 * $10.95 .............. *** $139,810
Paper version........................... 12,160 1 7 1,419 * 10.95 ** 24 *** 68,799
---------------------------------------------------------------------------------------------------------------
Totals.............................. 121,596 .............. .............. 14,187 .............. .............. *** 208,609
--------------------------------------------------------------------------------------------------------------------------------------------------------
* We based this figure on average DI payments based on SSA's current FY 2021 data (https://www.ssa.gov/legislation/2021FactSheet.pdf).
** We based this figure on the average FY 2020 wait times for field offices, based on SSA's current management information data.
*** This figure does not represent actual costs that SSA is imposing on recipients of Social Security payments to complete this application; rather,
these are theoretical opportunity costs for the additional time respondents will spend to complete the application. There is no actual charge to
respondents to complete the application.
2. Modified Benefit Formula Questionnaire--Foreign Pension--0960-
0561. SSA applies the Windfall Elimination Provision, a modified
benefit formula used to compute U.S. Social Security benefits for
people entitled to both a pension or annuity based on employment after
1956 not covered by U.S. Social Security (that is, a `non-covered
pension) and a U.S. Social Security retirement or disability insurance
benefit. A non-covered pension is a pension paid by an employer that
does not withhold Social Security taxes from the employee's salaries;
these are typically state and local governments or foreign country
employers. SSA uses the information collected on Form SSA-308 to
determine exactly how much (if any) of a foreign pension we may use to
reduce the amount of Title II Social Security retirement or disability
benefits under the modified benefit formula. Respondents complete Form
SSA-308 during the initial claims process if they indicate they will
receive a foreign pension. A claimant who later receives a foreign
pension must notify SSA and complete the SSA-308 again. The respondents
are applicants for Title II Social Security, or disability benefits who
are first eligible for a foreign pension after 1985, and who are
entitled, or will be entitled, to a foreign pension based on an
application filed with the appropriate foreign agency or employer.
This is a correction notice: SSA published the incorrect burden
information for this collection at 86 FR 7447, on 1/28/21. We are
providing the correct burden here.
Type of Request: Revision of an OMB-approved information
collection.
[[Page 18585]]
--------------------------------------------------------------------------------------------------------------------------------------------------------
Average
Average burden Estimated total theoretical Average wait Total annual
Modality of completion Number of Frequency of per response annual burden hourly cost time in field opportunity
respondents response (minutes) (hours) amount office cost (dollars)
(dollars) * (minutes) ** ***
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SSA-308.......................... 2,465 1 10 411 * $10.95 ** 24 *** $15,297
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* We based this figure on average DI payments based on SSA's current FY 2021 data (https://www.ssa.gov/legislation/2021FactSheet.pdf).
** We based this figure on the average FY 2020 wait times for field offices, based on SSA's current management information data.
*** This figure does not represent actual costs that SSA is imposing on recipients of Social Security payments to complete this application; rather,
these are theoretical opportunity costs for the additional time respondents will spend to complete the application. There is no actual charge to
respondents to complete the application.
Dated: April 5, 2021.
Eric Lowman,
Acting Reports Clearance Officer, Office of Legislative Development and
Operations, Social Security Administration.
[FR Doc. 2021-07266 Filed 4-8-21; 8:45 am]
BILLING CODE 4191-02-P
