Agency Information Collection Activities; Submission for OMB Review; Comment Request; Disclosures by Insurers to General Account Policyholders, 74292-74293 [2024-20624]

Download as PDF ddrumheller on DSK120RN23PROD with NOTICES1 74292 Federal Register / Vol. 89, No. 177 / Thursday, September 12, 2024 / Notices specialty occupations and as fashion models or by those who want to report violations and will permit the Department to meet its statutory responsibilities for program administration, management, and oversight. For additional substantive information about this ICR, see the related notice published in the Federal Register on May 6, 2024 (89 FR 37263). 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) 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; (3) ways to enhance the quality, utility and clarity of the information collection; and (4) 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. 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–ETA. Title of Collection: Labor Condition Application for H–1B, H–1B1, and E–3 Nonimmigrants and the Nonimmigrant Worker Information Form. OMB Control Number: 1205–0310. Affected Public: Private Sector: Business or other for-profits and not-forprofit institutions; State, Local, and Tribal Governments; Individuals or Households. Total Estimated Number of Respondents: 138,314. Total Estimated Number of Responses: 645,353. Total Estimated Annual Time Burden: 843,989 hours. Total Estimated Annual Other Costs Burden: $41,140. VerDate Sep<11>2014 20:43 Sep 11, 2024 Jkt 262001 (Authority: 44 U.S.C. 3507(a)(1)(D)). Michael Howell, Senior Paperwork Reduction Act Analyst. [FR Doc. 2024–20621 Filed 9–11–24; 8:45 am] BILLING CODE 4510–FN–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. DATES: The OMB will consider all written comments that the agency receives on or before October 15, 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. FOR FURTHER INFORMATION CONTACT: Michael Howell by telephone at 202– 693–6782, 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 ERISA by adding section 401(c). This section requires the Department to promulgate a regulation providing guidance, applicable only to insurance policies issued on or before December 31, 1998, to or for the benefit of employee benefit plans, to clarify the extent to which assets held in an insurer’s general account under such contracts are ‘‘plan assets’’ within the meaning of ERISA, because the policies are not ‘‘guaranteed benefit policies’’ within the meaning of section 401(b) of ERISA. SBJPA further directed the Department to set standards for how insurers should manage the specified insurance policies (called Transition Policies). Pursuant to the authority and direction given under SBJPA, the Department promulgated a final rule on SUMMARY: PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 January 5, 2000 (65 FR 714) that is codified at 29 CFR 2550.401c-1. 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. This information collection requires that 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 February 5, 2024 (89 FR 7732). 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) 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; (3) ways to enhance the quality, utility and clarity of the information collection; and (4) 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. 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) E:\FR\FM\12SEN1.SGM 12SEN1 Federal Register / Vol. 89, No. 177 / Thursday, September 12, 2024 / Notices 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, Business or other for profits. Total Estimated Number of Respondents: 316. Total Estimated Number of Responses: 26,470. Total Estimated Annual Time Burden: 112,498 hours. Total Estimated Annual Other Costs Burden: $960. (Authority: 44 U.S.C. 3507(a)(1)(D)). Michael Howell, Senior Paperwork Reduction Act Analyst. [FR Doc. 2024–20624 Filed 9–11–24; 8:45 am] BILLING CODE 4510–29–P DEPARTMENT OF LABOR Occupational Safety and Health Administration [Docket No. OSHA–2007–0043] TUV SUD America, Inc.: Grant of Expansion of Recognition Occupational Safety and Health Administration (OSHA), Labor. ACTION: Notice. AGENCY: In this notice, OSHA announces the final decision to expand the scope of recognition for TUV SUD America, Inc. as a Nationally Recognized Testing Laboratory (NRTL). DATES: The expansion of the scope of recognition becomes effective on September 12, 2024. FOR FURTHER INFORMATION CONTACT: Information regarding this notice is available from the following sources: Press inquiries: Contact Mr. Frank Meilinger, Director, OSHA Office of Communications, U.S. Department of Labor, telephone: (202) 693–1999; email: meilinger.francis2@dol.gov. General and technical information: Contact Mr. Kevin Robinson, Director, Office of Technical Programs and Coordination Activities, Directorate of Technical Support and Emergency Management, Occupational Safety and Health Administration, U.S. Department of Labor, phone: (202) 693–1911 or email: robinson.kevin@dol.gov. SUPPLEMENTARY INFORMATION: ddrumheller on DSK120RN23PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 20:43 Sep 11, 2024 Jkt 262001 I. Notice of the Application for Expansion OSHA hereby gives notice of the expansion of the scope of recognition of TUV SUD America, Inc. (TUVAM), as a NRTL. TUVAM’s expansion covers the addition of one recognized testing site to the NRTL scope of recognition. OSHA’s recognition of a NRTL signifies that the organization meets the requirements specified in 29 CFR 1910.7. Recognition is an acknowledgment that the organization can perform independent safety testing and certification of the specific products covered within its scope of recognition. Each NRTL’s scope of recognition includes (1) the type of products the NRTL may test, with each type specified by its applicable test standard; and (2) the recognized site(s) that has/have the technical capability to perform the product-testing and productcertification activities for test standards within the NRTL’s scope. Recognition is not a delegation or grant of government authority; however, recognition enables employers to use products approved by the NRTL to meet OSHA standards that require product testing and certification. The agency processes an application by a NRTL for initial recognition and for an expansion or renewal of this recognition, following requirements in appendix A, 29 CFR 1910.7. This appendix requires that the agency publish two notices in the Federal Register in processing an application. In the first notice, OSHA announces the application and provides its preliminary finding. In the second notice, the agency provides the final decision on the application. These notices set forth the NRTL’s scope of recognition or modifications of that scope. OSHA maintains an informational web page for each NRTL, including TUVAM, which details the NRTL’s scope of recognition. These pages are available from the OSHA website at: https:// www.osha.gov/nationally-recognizedtesting-laboratory-program. TUVAM submitted an application to OSHA for expansion of the NRTL scope of recognition. The application, dated August 1, 2023 (OSHA–2007–0043– 0061), requested the expansion of the NRTL scope of recognition to include one additional test site located at: 5945 Cabot Parkway, Suite 100, Alpharetta, Georgia 30005. OSHA staff performed an on-site review of TUVAM’s testing facilities at TUVAM Alpharetta on November 14–15, 2023, in which assessors found some nonconformances with the requirements of 29 CFR 1910.7. TUVAM has addressed these issues sufficiently, and OSHA staff has PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 74293 preliminarily determined that OSHA should grant the expansion request to include this additional site. OSHA published the preliminary notice announcing TUVAM’s expansion application in the Federal Register on July 29, 2024 (89 FR 60926). The agency requested comments by August 13, 2024, but it received no comments in response to the notice. OSHA now is proceeding with this notice to grant expansion of TUVAM’s scope of recognition. To obtain or review copies of all public documents pertaining to the TUVAM expansion application, go to www.regulations/gov or contact the Docket Office at (202) 693–2350 (TTY (877) 889–5627. Docket No. OSHA– 2007–0043 contains all materials in the record containing TUVAM’s recognition. II. Final Decision and Order OSHA staff examined TUVAM’s expansion application, conducted a detailed on-site assessment, and examined other pertinent information. Based on review of this evidence, OSHA finds that TUVAM meets the requirements of 29 CFR 1910.7 for expansion of recognition, subject to the specified limitations and conditions. OSHA, therefore, is proceeding with this final notice to grant TUVAM’s expanded scope of recognition. OSHA limits the expansion of TUVAM’s recognition to include the site at Alpharetta, Georgia listed above. OSHA’s recognition of the site limits TUVAM to performing product testing and certifications only to the test standards for which the site has the proper capability and programs, and for test standards in TUVAM’s scope of recognition. This limitation is consistent with the recognition that OSHA grants to other NRTLs that operate multiple sites. A. Conditions In addition to those conditions already required by 29 CFR 1910.7, TUVAM also must abide by the following conditions of the recognition: 1. TUVAM must inform OSHA as soon as possible, in writing, of any change of ownership, facilities, or key personnel, and of any major change in its operations as a NRTL, and provide details of the change(s); 2. TUVAM must meet all the terms of its recognition and comply with all OSHA policies pertaining to this recognition; and 3. TUVAM must continue to meet the requirements for recognition, including all previously published conditions on E:\FR\FM\12SEN1.SGM 12SEN1

Agencies

DEPARTMENT OF LABOR

[Federal Register Volume 89, Number 177 (Thursday, September 12, 2024)]
[Notices]
[Pages 74292-74293]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-20624]


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

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 the agency 
receives on or before October 15, 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.

FOR FURTHER INFORMATION CONTACT: Michael Howell by telephone at 202-
693-6782, 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 ERISA by 
adding section 401(c). This section requires the Department to 
promulgate a regulation providing guidance, applicable only to 
insurance policies issued on or before December 31, 1998, to or for the 
benefit of employee benefit plans, to clarify the extent to which 
assets held in an insurer's general account under such contracts are 
``plan assets'' within the meaning of ERISA, because the policies are 
not ``guaranteed benefit policies'' within the meaning of section 
401(b) of ERISA. SBJPA further directed the Department to set standards 
for how insurers should manage the specified insurance policies (called 
Transition Policies). Pursuant to the authority and direction given 
under SBJPA, the Department promulgated a final rule on January 5, 2000 
(65 FR 714) that is codified at 29 CFR 2550.401c-1.
    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. This information collection requires that 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 February 5, 
2024 (89 FR 7732).
    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) 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; (3) ways to enhance the quality, 
utility and clarity of the information collection; and (4) 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.
    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)

[[Page 74293]]

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, Business or other for profits.
    Total Estimated Number of Respondents: 316.
    Total Estimated Number of Responses: 26,470.
    Total Estimated Annual Time Burden: 112,498 hours.
    Total Estimated Annual Other Costs Burden: $960.

(Authority: 44 U.S.C. 3507(a)(1)(D)).

Michael Howell,
Senior Paperwork Reduction Act Analyst.
[FR Doc. 2024-20624 Filed 9-11-24; 8:45 am]
BILLING CODE 4510-29-P

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