Agency Information Collection Activities; Submission for OMB Review; Comment Request; Disclosures by Insurers to General Account Policyholders, 53350 [2021-20954]

Download as PDF 53350 Federal Register / Vol. 86, No. 184 / Monday, September 27, 2021 / Notices collect applicant information for CSO/ SSO positions. The applicant information provided to USMS from the Vendor gives information about which District and Facility the applicant will be working, the applicant’s personal information, prior employment verification, employment performance and current financial status. The information allows the selecting official to hire applicants with a strong history of employment performance and financial responsibility. The questions on this form have been developed from the OPM, MSPB and DOJ ‘‘Best Practice’’ guidelines for reference checking. (5) An estimate of the total number of respondents and the amount of time estimated for an average respondent to respond: An estimated 750 respondents will utilize the form, and it will take each respondent approximately 60 minutes to complete the form. (6) An estimate of the total public burden (in hours) associated with the collection: The estimated annual public burden associated with this collection is 750 hours, which is equal to (750 (total # of annual responses) * 60 minutes. (7) An Explanation of the Change in Estimates: N/A. If additional information is required contact: Melody Braswell, Department Clearance Officer, United States Department of Justice, Justice Management Division, Policy and Planning Staff, Two Constitution Square, 145 N Street NE, 3E.405A, Washington, DC 20530. Dated: September 21, 2021. Melody Braswell, Department Clearance Officer for PRA, U.S. Department of Justice. [FR Doc. 2021–20820 Filed 9–24–21; 8:45 am] BILLING CODE 4410–04–P DEPARTMENT OF LABOR Agency Information Collection Activities; Submission for OMB Review; Comment Request; Disclosures by Insurers to General Account Policyholders 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. lotter on DSK11XQN23PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 18:08 Sep 24, 2021 Jkt 253001 The OMB will consider all written comments that agency receives on or before October 27, 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, or by email at DOL_PRA_ PUBLIC@dol.gov. SUPPLEMENTARY INFORMATION: Section 1460 of the Small Business Job Protection Act of 1996 (Pub. L. 104–188) (SBJPA) amended the Employee Retirement Income Security Act of 1974 (ERISA) by adding a new section to the statute, 401(c). Regulation section 29 CFR 2550.401(c)–1 imposes specific requirements on insurers that are parties to Transition Policies in order to ensure that the fiduciaries acting on behalf of plans have adequate information and understanding of how the Transition Policies work. Certain of these requirements constitute information collections. Specifically, an insurer that issues and maintains a Transition Policy to or for the benefit of an employee benefit plan must disclose to the plan fiduciary, initially upon issuance of the policy and on an annual basis, to the extent that the policy is not a guaranteed benefit policy: (1) The methods by which income and expenses of the insurer’s general account are allocated to the policy, the actual annual return to the plan, and other pertinent information; (2) the extent to which alternative arrangements supported by the assets of the insurer’s separate accounts are available; (3) any rights under the policy to transfer funds DATES: PO 00000 Frm 00089 Fmt 4703 Sfmt 4703 to a separate account and the terms governing such right; and (4) the extent to which support by assets of the insurer’s separate accounts might pose differing risks to the plan. For additional substantive information about this ICR, see the related notice published in the Federal Register on March 31, 2021 (86 FR 16787). 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: Disclosures by Insurers to General Account Policyholders. OMB Control Number: 1210–0114. Affected Public: Private Sector— Businesses or other for-profits. Total Estimated Number of Respondents: 353. Total Estimated Number of Responses: 26,981. Total Estimated Annual Time Burden: 114,670 hours. Total Estimated Annual Other Costs Burden: $10,792. Authority: 44 U.S.C. 3507(a)(1)(D). Dated: September 21, 2021. Mara Blumenthal, Senior PRA Analyst. [FR Doc. 2021–20954 Filed 9–24–21; 8:45 am] BILLING CODE 4510–29–P LIBRARY OF CONGRESS Copyright Royalty Board [Docket No. 21–CRB–0010–AU (iHeartMedia)] Notice of Intent To Audit Copyright Royalty Board, Library of Congress. ACTION: Public notice. AGENCY: The Copyright Royalty Judges announce receipt from SoundExchange, SUMMARY: E:\FR\FM\27SEN1.SGM 27SEN1

Agencies

[Federal Register Volume 86, Number 184 (Monday, September 27, 2021)]
[Notices]
[Page 53350]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-20954]


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DEPARTMENT OF LABOR


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Disclosures by Insurers to General Account 
Policyholders

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 October 27, 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, or by email at [email protected].

SUPPLEMENTARY INFORMATION: Section 1460 of the Small Business Job 
Protection Act of 1996 (Pub. L. 104-188) (SBJPA) amended the Employee 
Retirement Income Security Act of 1974 (ERISA) by adding a new section 
to the statute, 401(c). Regulation section 29 CFR 2550.401(c)-1 imposes 
specific requirements on insurers that are parties to Transition 
Policies in order to ensure that the fiduciaries acting on behalf of 
plans have adequate information and understanding of how the Transition 
Policies work. Certain of these requirements constitute information 
collections. Specifically, an insurer that issues and maintains a 
Transition Policy to or for the benefit of an employee benefit plan 
must disclose to the plan fiduciary, initially upon issuance of the 
policy and on an annual basis, to the extent that the policy is not a 
guaranteed benefit policy: (1) The methods by which income and expenses 
of the insurer's general account are allocated to the policy, the 
actual annual return to the plan, and other pertinent information; (2) 
the extent to which alternative arrangements supported by the assets of 
the insurer's separate accounts are available; (3) any rights under the 
policy to transfer funds to a separate account and the terms governing 
such right; and (4) the extent to which support by assets of the 
insurer's separate accounts might pose differing risks to the plan. For 
additional substantive information about this ICR, see the related 
notice published in the Federal Register on March 31, 2021 (86 FR 
16787).
    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: Disclosures by Insurers to General Account 
Policyholders.
    OMB Control Number: 1210-0114.
    Affected Public: Private Sector--Businesses or other for-profits.
    Total Estimated Number of Respondents: 353.
    Total Estimated Number of Responses: 26,981.
    Total Estimated Annual Time Burden: 114,670 hours.
    Total Estimated Annual Other Costs Burden: $10,792.
    Authority: 44 U.S.C. 3507(a)(1)(D).

    Dated: September 21, 2021.
Mara Blumenthal,
Senior PRA Analyst.
[FR Doc. 2021-20954 Filed 9-24-21; 8:45 am]
BILLING CODE 4510-29-P
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