Submission of Information Collection for OMB Review; Comment Request; Special Financial Assistance Information, 69105-69106 [2021-26349]

Download as PDF 69105 Federal Register / Vol. 86, No. 231 / Monday, December 6, 2021 / Notices the COVID–19 PHE on its public website at https://www.nrc.gov/aboutnrc/covid-19/reactors/licensingactions.html. II. Availability of Documents The table in this notice provides the facility name, docket number, document description, and ADAMS accession number for the exemption issued. Additional details on the exemption issued, including the exemption request submitted by the licensee and the NRC’s decision, are provided in the exemption approval listed in the following table. For additional directions on accessing information in ADAMS, see the ADDRESSES section of this document. PEACH BOTTOM ATOMIC POWER STATION, UNITS 2 AND 3 DOCKET NOS. 50–277 AND 50–278 ADAMS accession No. Document description Peach Bottom Atomic Power Station, Units 2 and 3—COVID–19 Related Request for Exemption from 10 CFR part 26 Work Hours Requirements, dated September 17, 2021. Peach Bottom Atomic Power Station, Units 2 and 3—Exemption from Specific Requirements of 10 CFR part 26 (EPID L– 2021–LLE–0041 [COVID–19]), dated October 13, 2021. Dated: November 30, 2021. For the Nuclear Regulatory Commission. James G. Danna, Chief, Plant Licensing Branch I, Division of Operating Reactor Licensing, Office of Nuclear Reactor Regulation. [FR Doc. 2021–26407 Filed 12–3–21; 8:45 am] BILLING CODE 7590–01–P PENSION BENEFIT GUARANTY CORPORATION Submission of Information Collection for OMB Review; Comment Request; Special Financial Assistance Information Pension Benefit Guaranty Corporation. ACTION: Notice of request for extension of OMB approval of information collection. AGENCY: The Pension Benefit Guaranty Corporation (PBGC) is requesting that the Office of Management and Budget (OMB) extend approval, without change, under the Paperwork Reduction Act, of a collection of information contained in PBGC’s regulation on special financial assistance. This notice informs the public of PBGC’s request and solicits public comment on the collection of information. DATES: Comments must be submitted by January 5, 2022. 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. A copy of the request will be posted on PBGC’s website at https:// www.pbgc.gov/prac/laws-and- khammond on DSKJM1Z7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 20:32 Dec 03, 2021 Jkt 256001 regulation/federal-register-notices-openfor-comment. It may also be obtained without charge by writing to the Disclosure Division of the Office of the General Counsel of PBGC, 1200 K Street NW, Washington, DC 20005–4026; or, calling 202–229–4040 during normal business hours (TTY users may call the Federal Relay Service toll-free at 800– 877–8339 and ask to be connected to 202–229–4040). 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, D.C., 20005–4026; 202–229–6563. (TTY and TDD 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 4262 of the Employee Retirement Income Security Act of 1974 (ERISA) requires PBGC to provide special financial assistance (SFA) to certain financially troubled multiemployer plans upon application for assistance. To implement section 4262 of ERISA, PBGC added part 4262 to its regulations, ‘‘Special Financial Assistance by PBGC.’’ Part 4262 provides guidance to multiemployer pension plan sponsors on eligibility, determining the amount of SFA, content of an application for SFA, the process of applying, PBGC’s review of applications, restrictions and conditions, and reporting and notice requirements. To apply for SFA, a plan sponsor must file an application with PBGC and include information about the plan, plan documentation, and actuarial information, as specified in §§ 4262.6 through 4262.9. PBGC needs this information to review a plan’s eligibility for SFA, priority group status (if applicable), and amount of requested SFA. PBGC estimates that an annual average of 60 plan sponsors will file PO 00000 Frm 00104 Fmt 4703 Sfmt 4703 ML21260A162 ML21265A438 applications for SFA with an average annual hour burden of 600 hours and an average annual cost burden of $1,800,000. Under § 4262.16(i), a plan sponsor of a plan that has received SFA must file an Annual Statement of Compliance with the restrictions and conditions under section 4262 of ERISA and part 4262 once every year through 2051. PBGC needs the information in the Annual Statement of Compliance to ensure that a plan is compliant with the imposed restrictions and conditions. PBGC estimates that an annual average of 49 plan sponsors will file Annual Statements of Compliance with an average annual hour burden of 98 hours and an average annual cost burden of $117,600. Under § 4262.15(c), a plan sponsor of a plan with benefits that were suspended under sections 305(e)(9) or 4245(a) of ERISA must issue notices of reinstatement to participants and beneficiaries whose benefits were suspended and are being reinstated. Participants and beneficiaries need the notice of reinstatement to better understand the calculation and timing of their reinstated benefits and, if applicable, make-up payments. PBGC estimates that an average of 11 plans per year will be required to send notices to participants with suspended benefits. PBGC estimates that these notices will impose an average annual hour burden of 22 hours and average annual cost burden of $22,667. Finally, under § 4262.16(d), (f), and (h) a plan sponsor must file a request for a determination from PBGC for approval for an exception under certain circumstances for SFA conditions under § 4262.16 relating to reductions in contributions, transfers or mergers, and settlement of withdrawal liability. PBGC needs the information required for a request for determination to determine whether to approve an exception from E:\FR\FM\06DEN1.SGM 06DEN1 69106 Federal Register / Vol. 86, No. 231 / Monday, December 6, 2021 / Notices the specified condition of receiving SFA. PBGC estimates that beginning in 2023, PBGC will receive an average of 2.2 requests per year for determinations. PBGC estimates an average annual hour burden of 2.53 hours and average annual cost burden of $6,333. The existing collection of information was approved under OMB control number 1212–0074 (expires January 31, 2022). On September 27, 2021, PBGC published in the Federal Register (at 86 FR 53354) a notice informing the public of its intent to request an extension of this collection of information, as modified. No comments were received. PBGC is requesting that OMB extend approval of the collection for 3 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. The estimated aggregate average annual hour burden for the information collection in part 4262 is 723 hours for employer and fund office administrative, clerical, and supervisory time. The estimated aggregate average annual cost burden for the information collection request in part 4262 is $1,946,600, for approximately 4,867 contract hours assuming an average hourly rate of $400 for work done by outside actuaries and attorneys. The actual hour burden and cost burden per plan will vary depending on plan size and other factors. Issued in Washington, DC. Hilary Duke, Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. FOR FURTHER INFORMATION CONTACT: [FR Doc. 2021–26349 Filed 12–3–21; 8:45 am] BILLING CODE 7709–02–P SCIENCE AND TECHNOLOGY POLICY OFFICE U.S. Global Change Research Program Prospectus for Its National Global Change Research Plan 2022–2031 Office of Science and Technology Policy (OSTP). ACTION: Request for public comment. AGENCY: The U.S. Global Change Research Program (USGCRP), in collaboration with the Office of Science and Technology Policy (OSTP), requests comments from the public on the draft prospectus of its upcoming decadal Strategic Plan. The USGCRP is nearing the end of the implementation phase of its current plan, the National Global Change Research Plan 2012–2021; the Global Change Research Act calls for a khammond on DSKJM1Z7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 20:32 Dec 03, 2021 Jkt 256001 10-year plan with periodic updates. More detail on USGCRP strategic planning processes to date can be found here. The prospectus for the 2022–2031 Strategic Plan culminates an 8-month effort to solicit inputs from USGCRP member agencies, interagency working groups, and OSTP, as well as recommendations from external organizations such as the National Academies of Sciences, Engineering, and Medicine (NASEM). The prospectus can be accessed for review, and comments may be submitted through the USGCRP Review and Comment (R&C) System. DATES: Interested persons and organizations are invited to submit comments on or before 11:59 p.m. ET on 11 January 2022. ADDRESSES: Comments should be submitted electronically via the USGCRP R&C System by the deadline. Due to time constraints, mailed paper submissions will not be accepted. The review system will be taken off-line at close of the review window, so there will be no means to submit late comments. Instructions: Response to this notice is voluntary. Responses to this notice may be used by the government for program planning on a non-attribution basis. OSTP therefore requests that no business proprietary information or copyrighted information be submitted in response to this notice. Please note that the U.S. Government will not pay for response preparation, or for the use of any information contained in the response. Direct technical questions to David Dokken (Senior Program Officer) at ddokken@usgcrp.gov or 202–419–3473. Process issues or concerns should be addressed to Michael Kuperberg (USGCRP Executive Director) at mkuperberg@usgcrp.gov. SUPPLEMENTARY INFORMATION: The U.S. Global Change Research Program (USGCRP) coordinates research across 13 Federal agencies to understand the human-induced and natural processes that influence the total Earth system— the atmosphere, land, water, ecosystems, and people. USGCRP was established by Presidential Initiative in 1989 and mandated by Congress in the Global Change Research Act (GCRA) of 1990. It emphasizes research that can be used to answer critical questions about the changing Earth system and how America and the world can respond to those changes. USGCRP builds on a foundation of Federal investments in research and development to ensure that PO 00000 Frm 00105 Fmt 4703 Sfmt 9990 America leads in basic and applied global change research. The prospectus captures USGCRP’s evolving vision and mission and describes priorities and activities that drive near-term activities while providing the flexibility to address longer term challenges. Disciplinary/ technological advances, changing societal urgencies, and new challenges require a fresh perspective. Four strategic pillars have been identified and annotated to show alignment with the GCRA. Proposed page allocations and prospective boxes/graphics have been included in an abridged outline, with development milestones (including opportunities for public engagement) rounding out the prospectus. USGCRP is seeking feedback on the strategic pillars and priorities, as well as themes or topics that should be included in the final Strategic Plan. Respondents should consider ideas on emerging, large-scale scientific questions related to global change and/ or response, especially those where interagency collaboration will be critical; specific information on how science is or is not being used to inform societal response to climate change, and why; and knowledge gaps and obstacles to implementing scientific tools or knowledge. Individuals wishing to participate in the public review of the 2022–2031 Strategic Plan prospectus are encouraged to register via the USGCRP Review and Comment (R&C) System. The document and instructions are available through 11 January 2022. The draft prospectus was prepared and vetted by Federal agency officials comprising the Subcommittee on Global Change Research (SGCR), which provides overall direction and executive oversight of the Program. SGCR—whose membership includes representatives of scientific and implementing agencies— is a standing body of the Committee on Environment, a component of the National Science and Technology Council (NSTC). Dated: November 29, 2021. Stacy Murphy, Operations Manager. [FR Doc. 2021–26218 Filed 12–3–21; 8:45 am] BILLING CODE 3271–F1–P E:\FR\FM\06DEN1.SGM 06DEN1

Agencies

Pension Benefit Guaranty Corporation

[Federal Register Volume 86, Number 231 (Monday, December 6, 2021)]
[Notices]
[Pages 69105-69106]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-26349]


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PENSION BENEFIT GUARANTY CORPORATION


Submission of Information Collection for OMB Review; Comment 
Request; Special Financial Assistance Information

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of request for extension of OMB approval of information 
collection.

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

SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is requesting 
that the Office of Management and Budget (OMB) extend approval, without 
change, under the Paperwork Reduction Act, of a collection of 
information contained in PBGC's regulation on special financial 
assistance. This notice informs the public of PBGC's request and 
solicits public comment on the collection of information.

DATES: Comments must be submitted by January 5, 2022.

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.
    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 without charge by writing to the 
Disclosure Division of the Office of the General Counsel of PBGC, 1200 
K Street NW, Washington, DC 20005-4026; or, calling 202-229-4040 during 
normal business hours (TTY users may call the Federal Relay Service 
toll-free at 800-877-8339 and ask to be connected to 202-229-4040).

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, D.C., 20005-4026; 202-229-6563. (TTY and 
TDD 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 4262 of the Employee Retirement 
Income Security Act of 1974 (ERISA) requires PBGC to provide special 
financial assistance (SFA) to certain financially troubled 
multiemployer plans upon application for assistance. To implement 
section 4262 of ERISA, PBGC added part 4262 to its regulations, 
``Special Financial Assistance by PBGC.'' Part 4262 provides guidance 
to multiemployer pension plan sponsors on eligibility, determining the 
amount of SFA, content of an application for SFA, the process of 
applying, PBGC's review of applications, restrictions and conditions, 
and reporting and notice requirements.
    To apply for SFA, a plan sponsor must file an application with PBGC 
and include information about the plan, plan documentation, and 
actuarial information, as specified in Sec. Sec.  4262.6 through 
4262.9. PBGC needs this information to review a plan's eligibility for 
SFA, priority group status (if applicable), and amount of requested 
SFA. PBGC estimates that an annual average of 60 plan sponsors will 
file applications for SFA with an average annual hour burden of 600 
hours and an average annual cost burden of $1,800,000.
    Under Sec.  4262.16(i), a plan sponsor of a plan that has received 
SFA must file an Annual Statement of Compliance with the restrictions 
and conditions under section 4262 of ERISA and part 4262 once every 
year through 2051. PBGC needs the information in the Annual Statement 
of Compliance to ensure that a plan is compliant with the imposed 
restrictions and conditions. PBGC estimates that an annual average of 
49 plan sponsors will file Annual Statements of Compliance with an 
average annual hour burden of 98 hours and an average annual cost 
burden of $117,600.
    Under Sec.  4262.15(c), a plan sponsor of a plan with benefits that 
were suspended under sections 305(e)(9) or 4245(a) of ERISA must issue 
notices of reinstatement to participants and beneficiaries whose 
benefits were suspended and are being reinstated. Participants and 
beneficiaries need the notice of reinstatement to better understand the 
calculation and timing of their reinstated benefits and, if applicable, 
make-up payments. PBGC estimates that an average of 11 plans per year 
will be required to send notices to participants with suspended 
benefits. PBGC estimates that these notices will impose an average 
annual hour burden of 22 hours and average annual cost burden of 
$22,667.
    Finally, under Sec.  4262.16(d), (f), and (h) a plan sponsor must 
file a request for a determination from PBGC for approval for an 
exception under certain circumstances for SFA conditions under Sec.  
4262.16 relating to reductions in contributions, transfers or mergers, 
and settlement of withdrawal liability. PBGC needs the information 
required for a request for determination to determine whether to 
approve an exception from

[[Page 69106]]

the specified condition of receiving SFA. PBGC estimates that beginning 
in 2023, PBGC will receive an average of 2.2 requests per year for 
determinations. PBGC estimates an average annual hour burden of 2.53 
hours and average annual cost burden of $6,333.
    The existing collection of information was approved under OMB 
control number 1212-0074 (expires January 31, 2022). On September 27, 
2021, PBGC published in the Federal Register (at 86 FR 53354) a notice 
informing the public of its intent to request an extension of this 
collection of information, as modified. No comments were received. PBGC 
is requesting that OMB extend approval of the collection for 3 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.
    The estimated aggregate average annual hour burden for the 
information collection in part 4262 is 723 hours for employer and fund 
office administrative, clerical, and supervisory time. The estimated 
aggregate average annual cost burden for the information collection 
request in part 4262 is $1,946,600, for approximately 4,867 contract 
hours assuming an average hourly rate of $400 for work done by outside 
actuaries and attorneys. The actual hour burden and cost burden per 
plan will vary depending on plan size and other factors.

    Issued in Washington, DC.
Hilary Duke,
Assistant General Counsel for Regulatory Affairs, Pension Benefit 
Guaranty Corporation.
[FR Doc. 2021-26349 Filed 12-3-21; 8:45 am]
BILLING CODE 7709-02-P

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