Agency Information Collection Activities; Comment Request; Information Collections: Requirements of a Bona Fide Thrift Savings Plan and Requirements of a Bona Fide Profit-Sharing Plan or Trust, 88126-88127 [2023-27965]
Download as PDF
<![CDATA[
88126
Federal Register / Vol. 88, No. 243 / Wednesday, December 20, 2023 / Notices
and allegations that led to the
agreement;
(r) Within 60 days after the effective
date of the exemption, TTI, in its
agreements with, or in other written
disclosures provided to Covered Plans,
will clearly and prominently inform
Covered Plan clients of their right to
obtain a copy of the Policies or a
description (Summary Policies) which
accurately summarizes key components
of TTI’s written Policies developed in
connection with this exemption. If the
Policies are thereafter changed, each
Covered Plan client must receive a new
disclosure within 180 days following
the end of the calendar year during
which the Policies were changed. If TTI
meets this disclosure requirement
through Summary Policies, changes to
the Policies shall not result in the
requirement for a new disclosure unless,
as a result of changes to the Policies, the
Summary Policies are no longer
accurate. With respect to this
requirement, the description may be
continuously maintained on a website,
provided that such website link to the
Policies or Summary Policies is clearly
and prominently disclosed to each
Covered Plan;
(s) TTI must provide the Department
with the records necessary to
demonstrate that each condition of this
exemption has been met within 30 days
of a request by the Department; and
(t) All the material facts and
representations set forth in the
Summary of Facts and Representations
are true and accurate at all times.
Effective Date: If the Department
grants this proposed exemption, it
would be in effect for a five-year period
beginning on February 13, 2024, and
ending on February 12, 2029.
Signed at Washington, DC.
George Christopher Cosby,
Director, Office of Exemption Determinations,
Employee Benefits Security Administration,
U.S. Department of Labor.
[FR Doc. 2023–27937 Filed 12–19–23; 8:45 am]
BILLING CODE 4510–29–P
ddrumheller on DSK120RN23PROD with NOTICES1
DEPARTMENT OF LABOR
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Voluntary
Demographic Form
Notice of availability; request
for comments.
ACTION:
The Department of Labor
(DOL) is submitting this Office of
Workers’ Compensation Programs
(OWCP)-sponsored information
collection request (ICR) to the Office of
SUMMARY:
VerDate Sep<11>2014
18:02 Dec 19, 2023
Jkt 262001
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 the agency
receives on or before January 19, 2024.
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:
Michelle Neary by telephone at 202–
693–6312, or by email at DOL_PRA_
PUBLIC@dol.gov.
SUPPLEMENTARY INFORMATION:
Historically, the Black Lung Program
application forms and other claims
processing forms have not collected
demographic information. The use of
this voluntary demographic form will
help identify underserved communities
and guide language and outreach
strategies, thereby strengthening the
customer service experience. Collecting
and analyzing demographic data aligns
with the following executive orders
Executive Orders: Executive Order
13985, Advancing Racial Equity and
Support for Underserved Communities
Through the Federal Government,
signed by President Biden in January
2021; Executive Order 14075,
Advancing Equality for Lesbian, Gay,
Bisexual, Transgender, Queer, and
Intersex Individuals, also signed by
President Biden in January 2021;
Executive Order 14031, Advancing
Equity, Justice, and Opportunity for
Asian Americans, Native Hawaiians,
and Pacific Islanders, signed in May
2021; and Executive Order 14058,
PO 00000
Frm 00086
Fmt 4703
Sfmt 4703
Transforming Federal Customer
Experience and Service Delivery to
Rebuild Trust in Government, signed in
December 2021. For additional
substantive information about this ICR,
see the related notice published in the
Federal Register on August 8, 2023 (88
FR 53525).
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–OWCP.
Title of Collection: Voluntary
Demographic Form.
OMB Control Number: 1240–0NEW.
Affected Public: Individuals or
Households.
Total Estimated Number of
Respondents: 18,077.
Total Estimated Number of
Responses: 18,077.
Total Estimated Annual Time Burden:
1,506 hours.
Total Estimated Annual Other Costs
Burden: $1,550.
(Authority: 44 U.S.C. 3507(a)(1)(D))
Michelle Neary,
Senior PRA Analyst.
[FR Doc. 2023–27936 Filed 12–19–23; 8:45 am]
BILLING CODE 4510–CK–P
DEPARTMENT OF LABOR
Wage and Hour Division
Agency Information Collection
Activities; Comment Request;
Information Collections: Requirements
of a Bona Fide Thrift Savings Plan and
Requirements of a Bona Fide ProfitSharing Plan or Trust
Wage and Hour Division,
Department of Labor.
ACTION: Notice.
AGENCY:
The Department of Labor
(Department) is soliciting comments
SUMMARY:
E:\FR\FM\20DEN1.SGM
20DEN1
Federal Register / Vol. 88, No. 243 / Wednesday, December 20, 2023 / Notices
concerning a proposed extension of the
information collection request (ICR)
titled ‘‘Requirements of a Bona Fide
Thrift Savings Plan and Requirements of
a Bona Fide Profit-Sharing Plan or
Trust.’’ This comment request is part of
continuing Departmental efforts to
reduce paperwork and respondent
burden in accordance with the
Paperwork Reduction Act of 1995
(PRA). 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. A copy of the
proposed information request can be
obtained by contacting the office listed
below in the FOR FURTHER INFORMATION
CONTACT section of this Notice.
Written comments must be
submitted to the office listed in the
ADDRESSES section below on or before
February 20, 2024.
DATES:
You may submit comments
identified by Control Number 1235–
0013, by either one of the following
methods: Email: WHDPRAComments@
dol.gov; Mail, Hand Delivery, Courier:
Division of Regulations, Legislation, and
Interpretation, Wage and Hour, U.S.
Department of Labor, Room S–3502, 200
Constitution Avenue NW, Washington,
DC 20210. Instructions: Please submit
one copy of your comments by only one
method. All submissions received must
include the agency name and Control
Number identified above for this
information collection. Commenters are
strongly encouraged to transmit their
comments electronically via email or to
submit them by mail early. Comments,
including any personal information
provided, become a matter of public
record. They will also be summarized
and/or included in the request for Office
of Management and Budget (OMB)
approval of the information collection
request.
ADDRESSES:
ddrumheller on DSK120RN23PROD with NOTICES1
FOR FURTHER INFORMATION CONTACT:
Robert Waterman, Division of
Regulations, Legislation, and
Interpretation, Wage and Hour Division,
U.S. Department of Labor, Room S–
3502, 200 Constitution Avenue NW,
Washington, DC 20210; telephone: (202)
693–0406 (this is not a toll-free
number). Alternative formats are
available upon request by calling 1–
866–487–9243. If you are deaf, hard of
hearing, or have a speech disability,
please dial 7–1–1 to access
telecommunications relay services.
SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
18:02 Dec 19, 2023
Jkt 262001
I. Background
This extension is for the
Requirements of a Bona Fide Thrift or
Savings Plan and Requirements of a
Bona Fide Profit-Sharing Plan or Trust
information collection. The information
collection requirements apply to
employers claiming the overtime
exemption available under Fair Labor
Standards Act section 7(e)(3)(b), 29
U.S.C. 207(e)(3)(b). Specifically, in
calculating an employee’s regular rate of
pay, an employer need not include
contributions made to a bona fide thrift
or savings plan or a bona fide profitsharing plan or trust—as defined in
regulations 29 CFR parts 547 and 549.
An employer is required to
communicate, or to make available to its
employees, the terms of the bona fide
thrift, savings, or profit-sharing plan or
trust and to retain certain records. Fair
Labor Standards Act section 11(c)
authorizes this information collection.
See 29 U.S.C. 211(c).
Interested parties are encouraged to
send comments to the Department at the
address shown in the ADDRESSES section
within 60 days of publication of this
notice in the Federal Register. To help
ensure appropriate consideration,
comments should reference OMB
Control Number 1235–0013.
88127
Fide Thrift Savings Plan and
Requirements of a Bona Fide ProfitSharing Plan or Trust.
Type of Review: Extension.
Agency: Wage and Hour Division.
Title: Requirements of a Bona Fide
Thrift Savings Plan and Requirements of
a Bona Fide Profit-Sharing Plan or
Trust.
OMB Control Number: 1235–0013.
Affected Public: Business or other forprofit, non-profits.
Total Respondents: 3,254,524.
Total Annual Responses: 4,393,607.
Estimated Total Burden Hours: 2,441.
Estimated Time per Response: 2
seconds.
Frequency: On occasion.
Total Burden Costs: $134,914.
Total Burden Cost (capital/startup):
$0.
Total Burden Cost (operation/
maintenance): $0.
Dated: December 15, 2023.
Amy Hunter,
Director, Division of Regulations, Legislation,
and Interpretation.
[FR Doc. 2023–27965 Filed 12–19–23; 8:45 am]
BILLING CODE 4510–27–P
MILLENNIUM CHALLENGE
CORPORATION
II. Review Focus
[MCC FR 23–09]
The Department of Labor is
particularly interested in comments
which:
• Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
• Enhance the quality, utility, and
clarity of the information to be
collected;
• Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
• Minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology,
e.g., permitting electronic submissions
of responses.
Report on the Selection of Eligible
Countries for Fiscal Year 2024
III. Current Actions
The Department of Labor seeks an
approval for the extension of this
information collection to ensure
effective administration of the FLSA as
it relates to the Requirements of a Bona
PO 00000
Frm 00087
Fmt 4703
Sfmt 4703
Millennium Challenge
Corporation.
ACTION: Notice.
AGENCY:
This report is provided in
accordance with the Millennium
Challenge Act of 2003, as amended. The
report is set forth in full below.
SUPPLEMENTARY INFORMATION: Report on
the Selection of Eligible Countries for
Fiscal Year 2024.
SUMMARY:
Summary
This report is provided in accordance
with section 608(d)(1) of the
Millennium Challenge Act of 2003, as
amended (the Act) (22 U.S.C.
7707(d)(1)).
The Act authorizes the provision of
assistance under section 605 of the Act
(22 U.S.C. 7704) to countries that enter
into compacts with the United States to
support policies and programs that
advance the progress of such countries
in achieving lasting poverty reduction
through economic growth and are in
furtherance of the Act. The Act requires
the Millennium Challenge Corporation
(MCC) to determine the countries that
will be eligible to receive assistance for
E:\FR\FM\20DEN1.SGM
20DEN1
]]>Agencies
[Federal Register Volume 88, Number 243 (Wednesday, December 20, 2023)]
[Notices]
[Pages 88126-88127]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-27965]
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Wage and Hour Division
Agency Information Collection Activities; Comment Request;
Information Collections: Requirements of a Bona Fide Thrift Savings
Plan and Requirements of a Bona Fide Profit-Sharing Plan or Trust
AGENCY: Wage and Hour Division, Department of Labor.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of Labor (Department) is soliciting comments
[[Page 88127]]
concerning a proposed extension of the information collection request
(ICR) titled ``Requirements of a Bona Fide Thrift Savings Plan and
Requirements of a Bona Fide Profit-Sharing Plan or Trust.'' This
comment request is part of continuing Departmental efforts to reduce
paperwork and respondent burden in accordance with the Paperwork
Reduction Act of 1995 (PRA). 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. A copy of the proposed
information request can be obtained by contacting the office listed
below in the FOR FURTHER INFORMATION CONTACT section of this Notice.
DATES: Written comments must be submitted to the office listed in the
ADDRESSES section below on or before February 20, 2024.
ADDRESSES: You may submit comments identified by Control Number 1235-
0013, by either one of the following methods: Email:
[email protected]; Mail, Hand Delivery, Courier: Division of
Regulations, Legislation, and Interpretation, Wage and Hour, U.S.
Department of Labor, Room S-3502, 200 Constitution Avenue NW,
Washington, DC 20210. Instructions: Please submit one copy of your
comments by only one method. All submissions received must include the
agency name and Control Number identified above for this information
collection. Commenters are strongly encouraged to transmit their
comments electronically via email or to submit them by mail early.
Comments, including any personal information provided, become a matter
of public record. They will also be summarized and/or included in the
request for Office of Management and Budget (OMB) approval of the
information collection request.
FOR FURTHER INFORMATION CONTACT: Robert Waterman, Division of
Regulations, Legislation, and Interpretation, Wage and Hour Division,
U.S. Department of Labor, Room S-3502, 200 Constitution Avenue NW,
Washington, DC 20210; telephone: (202) 693-0406 (this is not a toll-
free number). Alternative formats are available upon request by calling
1-866-487-9243. If you are deaf, hard of hearing, or have a speech
disability, please dial 7-1-1 to access telecommunications relay
services.
SUPPLEMENTARY INFORMATION:
I. Background
This extension is for the Requirements of a Bona Fide Thrift or
Savings Plan and Requirements of a Bona Fide Profit-Sharing Plan or
Trust information collection. The information collection requirements
apply to employers claiming the overtime exemption available under Fair
Labor Standards Act section 7(e)(3)(b), 29 U.S.C. 207(e)(3)(b).
Specifically, in calculating an employee's regular rate of pay, an
employer need not include contributions made to a bona fide thrift or
savings plan or a bona fide profit-sharing plan or trust--as defined in
regulations 29 CFR parts 547 and 549. An employer is required to
communicate, or to make available to its employees, the terms of the
bona fide thrift, savings, or profit-sharing plan or trust and to
retain certain records. Fair Labor Standards Act section 11(c)
authorizes this information collection. See 29 U.S.C. 211(c).
Interested parties are encouraged to send comments to the
Department at the address shown in the ADDRESSES section within 60 days
of publication of this notice in the Federal Register. To help ensure
appropriate consideration, comments should reference OMB Control Number
1235-0013.
II. Review Focus
The Department of Labor is particularly interested in comments
which:
Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility;
Enhance the quality, utility, and clarity of the
information to be collected;
Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used;
Minimize the burden of the collection of information on
those who are to respond, including through the use of appropriate
automated, electronic, mechanical, or other technological collection
techniques or other forms of information technology, e.g., permitting
electronic submissions of responses.
III. Current Actions
The Department of Labor seeks an approval for the extension of this
information collection to ensure effective administration of the FLSA
as it relates to the Requirements of a Bona Fide Thrift Savings Plan
and Requirements of a Bona Fide Profit-Sharing Plan or Trust.
Type of Review: Extension.
Agency: Wage and Hour Division.
Title: Requirements of a Bona Fide Thrift Savings Plan and
Requirements of a Bona Fide Profit-Sharing Plan or Trust.
OMB Control Number: 1235-0013.
Affected Public: Business or other for-profit, non-profits.
Total Respondents: 3,254,524.
Total Annual Responses: 4,393,607.
Estimated Total Burden Hours: 2,441.
Estimated Time per Response: 2 seconds.
Frequency: On occasion.
Total Burden Costs: $134,914.
Total Burden Cost (capital/startup): $0.
Total Burden Cost (operation/maintenance): $0.
Dated: December 15, 2023.
Amy Hunter,
Director, Division of Regulations, Legislation, and Interpretation.
[FR Doc. 2023-27965 Filed 12-19-23; 8:45 am]
BILLING CODE 4510-27-P
