80 FR 39806 - Proposed Submission of Information Collection for OMB Review; Comment Request; Qualified Domestic Relations Orders Submitted to PBGC
PENSION BENEFIT GUARANTY CORPORATION Federal Register Volume 80, Issue 132 (July 10, 2015)
Federal Register Volume 80, Issue 132 (July 10, 2015)
| Page Range | 39806-39807 | |
| FR Document | 2015-16929 |
[Federal Register Volume 80, Number 132 (Friday, July 10, 2015)] [Notices] [Pages 39806-39807] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-16929] ======================================================================= ----------------------------------------------------------------------- PENSION BENEFIT GUARANTY CORPORATION Proposed Submission of Information Collection for OMB Review; Comment Request; Qualified Domestic Relations Orders Submitted to PBGC AGENCY: Pension Benefit Guaranty Corporation. ACTION: Notice of intent to request extension of OMB approval. ----------------------------------------------------------------------- SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend its approval, under the Paperwork Reduction Act, of the information collection related to PBGC's booklet, Qualified Domestic Relations Orders & PBGC. The booklet provides guidance on how to submit a qualified domestic relations order to PBGC. This notice informs the public of PBGC's intent and solicits public comment on the collection of information. DATES: Comments must be submitted by September 8, 2015. ADDRESSES: Comments may be submitted by any of the following methods:Federal eRulemaking Portal: http://www.regulations.gov. Follow the Web site instructions for submitting comments. Email: [email protected]. Fax: 202-326-4224. Mail or Hand Delivery: Office of General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 20005- 4026. PBGC will make all comments available on its Web site at www.pbgc.gov. Copies of the collection of information may be obtained without charge by writing to the Disclosure Division of the Office of the General Counsel of PBGC at the above address or by visiting that office or calling 202-326-4040 during normal business hours. (TTY and TDD users may call the Federal relay service toll-free at 1-800- [[Page 39807]] 877-8339 and ask to be connected to 202-326-4040.) The regulations relating to this collection of information are available on PBGC's Web site at www.pbgc.gov. FOR FURTHER INFORMATION CONTACT: Jo Amato Burns, Attorney, or Catherine B. Klion, Assistant General Counsel, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 20005-4026, 202-326-4223. (For TTY and TDD, call 800-877-8339 and ask to be connected to 202-326-4223.) SUPPLEMENTARY INFORMATION: A defined benefit pension plan that does not have enough money to pay benefits may be terminated if the employer responsible for the plan faces severe financial difficulty, such as bankruptcy, and is unable to maintain the plan. In such an event, PBGC becomes trustee of the plan and pays benefits, subject to legal limits, to plan participants and beneficiaries. The benefits of a pension plan participant generally may not be assigned or alienated. Title I of ERISA provides an exception for domestic relations orders that relate to child support, alimony payments, or marital property rights of an alternate payee (a spouse, former spouse, child, or other dependent of a plan participant). The exception applies only if the domestic relations order meets specific legal requirements that make it a qualified domestic relations order (QDRO). When PBGC is trustee of a plan, it reviews submitted domestic relations orders to determine whether the order is qualified before paying benefits to an alternate payee. The requirements for submitting a domestic relations order and the contents of such orders are established by statute. The models and the guidance provided by PBGC assist parties by making it easier for them to comply with ERISA's QDRO requirements in plans trusteed by PBGC; they do not create any additional requirements and result in a reduction of the statutory burden. OMB has approved the collection of information in PBGC's booklet, Qualified Domestic Relations Orders & PBGC under control number 1212- 0054 through October 31, 2015. PBGC intends to request that OMB extend approval of the collection of information for three 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. PBGC is not proposing any substantive changes to the booklet. PBGC estimates that over the next three years it will receive approximately 1,200 domestic relations orders each year from prospective alternate payees and participants. PBGC further estimates that the total average annual burden of this collection of information will be approximately 2,100 hours and $350,000. PBGC is soliciting public comments to-- Evaluate whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; Evaluate the accuracy of the agency's estimate of the burden of the proposed collections of information, including the validity of the methodologies and assumptions used; Enhance the quality, utility, and clarity of the information to be collected; and Minimize the burden of the collections 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 submission of responses. Issued in Washington, DC, this 6th day of July 2015. Judith Starr, General Counsel, Pension Benefit Guaranty Corporation. [FR Doc. 2015-16929 Filed 7-9-15; 8:45 am] BILLING CODE 7709-02-P
![39806 Federal Register / Vol. 80, No. 132 / Friday, July 10, 2015 / Notices
• Evaluate whether the proposed Program (MAP) on participating be reached by Telephone: 202–653–
collection of information is necessary museums and the museum field at large. 4685, Fax: 202–653–4608, or by email at
for the proper performance of the The survey will be used to measure the creich@imls.gov, or by teletype (TTY/
functions of the agency, including degree to which the program is meeting TDD) at 202–653–4614. Office hours are
whether the information will have the needs and building the institutional from 8:30 a.m. to 5 p.m., E.T., Monday
practical utility; capacity of individual museums, and its through Friday, except Federal holidays.
• Evaluate the accuracy of the overall impact on the museum field Dated: July 6, 2015.
agency’s estimate of the burden of the nationwide. Methods will include web Kim Miller,
proposed collection of information surveys, telephone interviews, and
Management Analyst.
including the validity of the focus group meetings.
[FR Doc. 2015–16845 Filed 7–9–15; 8:45 am]
methodology and assumptions used; The web survey will consist of
• Enhance the quality, utility, and approximately 40 questions that will BILLING CODE 7036–01–P
clarity of the information to be examine the participating museums’
collected; and experience with the MAP program and
• Minimize the burden of the the subsequent changes in its operations PENSION BENEFIT GUARANTY
collection of information on those who that can be attributed to the program, as CORPORATION
are to respond, including through the well as basic institutional profile
use of appropriate automated electronic, information. The web survey will Proposed Submission of Information
mechanical, or other technological require an average of 60 minutes to Collection for OMB Review; Comment
collection techniques, or other forms of complete. The telephone interview Request; Qualified Domestic Relations
information technology, e.g., permitting guide will be organized into Orders Submitted to PBGC
electronic submissions of responses. approximately four sections (e.g. AGENCY: Pension Benefit Guaranty
ADDRESSES: Send comments to: institutional changes resulting from Corporation.
Christopher J. Reich, Senior Advisor, MAP participation; funding; ACTION: Notice of intent to request
Institute of Museum and Library professionalization; and future extension of OMB approval.
Services, 1800 M St. NW., 9th Floor, expectations) and is projected to average
Washington, DC 20036. Mr. Reich can 30 minutes to complete. Focus groups SUMMARY: The Pension Benefit Guaranty
be reached by Telephone: 202–653– will be organized to generate shared Corporation (PBGC) intends to request
4685, Fax: 202–653–4608, or by email at experiences and discussion relating to that the Office of Management and
creich@imls.gov, or by teletype (TTY/ overall impact on the museum field at Budget (OMB) extend its approval,
TDD) at 202–653–4614. large. No more than six focus groups under the Paperwork Reduction Act, of
SUPPLEMENTARY INFORMATION:
will be organized, each involving 10–12 the information collection related to
persons for a period of approximately PBGC’s booklet, Qualified Domestic
I. Background one hour. Relations Orders & PBGC. The booklet
The Institute of Museum and Library Agency: Institute of Museum and provides guidance on how to submit a
Services is the primary source of federal Library Services. qualified domestic relations order to
support for the Nation’s 123,000 Title: Museum Assessment Program PBGC. This notice informs the public of
libraries and 35,000 museums. The Evaluation. PBGC’s intent and solicits public
Institute’s mission is to inspire libraries OMB Number: To Be Determined. comment on the collection of
and museums to advance innovation, Frequency: Anticipated for Every Five information.
learning, and civic engagement. The Years. DATES: Comments must be submitted by
Institute works at the national level and Affected Public: The target population September 8, 2015.
in coordination with state and local is museums that have participated in
ADDRESSES: Comments may be
organizations to sustain heritage, the Museum Assessment Program
submitted by any of the following
culture, and knowledge; enhance during the past five years, all of which
methods:
learning and innovation; and support are located in the United States. • Federal eRulemaking Portal: http://
professional development. IMLS is Number of Respondents: 132. www.regulations.gov. Follow the Web
responsible for identifying national Estimated Average Burden per site instructions for submitting
needs for and trends in museum, Response: The burden per respondent is comments.
library, and information services; estimated to be an average of one hour • Email: paperwork.comments@
measuring and reporting on the impact for the web survey, 30 minutes for the pbgc.gov.
and effectiveness of museum, library telephone interview and one hour for • Fax: 202–326–4224.
and information services throughout the the focus groups. • Mail or Hand Delivery: Office of
United States, including programs Estimated Total Annual Burden: 132 General Counsel, Pension Benefit
conducted with funds made available by hours. Guaranty Corporation, 1200 K Street
IMLS; identifying, and disseminating Total Annualized capital/startup NW., Washington, DC 20005–4026.
information on, the best practices of costs: n/a. PBGC will make all comments
such programs; and developing plans to Total Annual costs: To be determined. available on its Web site at
improve museum, library, and Public Comments Invited: Comments www.pbgc.gov.
information services of the United submitted in response to this notice will Copies of the collection of
be summarized and/or included in the
mstockstill on DSK4VPTVN1PROD with NOTICES
States and strengthen national, State, information may be obtained without
local, regional, and international request for OMB’s clearance of this charge by writing to the Disclosure
communications and cooperative information collection. Division of the Office of the General
networks (20 U.S.C. 72, 20 U.S.C. 9108). FOR FURTHER INFORMATION CONTACT: Counsel of PBGC at the above address
Christopher J. Reich, Senior Advisor, or by visiting that office or calling 202–
II. Current Actions Institute of Museum and Library 326–4040 during normal business
The purpose of this survey is to gauge Services, 1800 M St. NW., 9th Floor, hours. (TTY and TDD users may call the
the effect of the Museum Assessment Washington, DC 20036. Mr. Reich can Federal relay service toll-free at 1–800–
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![Federal Register / Vol. 80, No. 132 / Friday, July 10, 2015 / Notices 39807
877–8339 and ask to be connected to 1,200 domestic relations orders each FOR FURTHER INFORMATION CONTACT:
202–326–4040.) The regulations relating year from prospective alternate payees David A. Trissell, General Counsel, at
to this collection of information are and participants. PBGC further 202–789–6820.
available on PBGC’s Web site at estimates that the total average annual SUPPLEMENTARY INFORMATION:
www.pbgc.gov. burden of this collection of information
will be approximately 2,100 hours and Table of Contents
FOR FURTHER INFORMATION CONTACT: Jo
Amato Burns, Attorney, or Catherine B. $350,000. I. Introduction
Klion, Assistant General Counsel, Office PBGC is soliciting public comments II. Notice of Commission Action
to— III. Ordering Paragraphs
of the General Counsel, Pension Benefit
Guaranty Corporation, 1200 K Street • Evaluate whether the collection of I. Introduction
NW., Washington, DC 20005–4026, 202– information is necessary for the proper
performance of the functions of the In accordance with 39 U.S.C. 3642
326–4223. (For TTY and TDD, call 800– and 39 CFR 3020.30 et seq., the Postal
877–8339 and ask to be connected to agency, including whether the
information will have practical utility; Service filed a formal request and
202–326–4223.) associated supporting information to
• Evaluate the accuracy of the
SUPPLEMENTARY INFORMATION: A defined add Priority Mail Contract 129 to the
agency’s estimate of the burden of the
benefit pension plan that does not have competitive product list.1
proposed collections of information,
enough money to pay benefits may be The Postal Service
including the validity of the
terminated if the employer responsible contemporaneously filed a redacted
methodologies and assumptions used;
for the plan faces severe financial contract related to the proposed new
• Enhance the quality, utility, and
difficulty, such as bankruptcy, and is product under 39 U.S.C. 3632(b)(3) and
clarity of the information to be
unable to maintain the plan. In such an 39 CFR 3015.5. Id. Attachment B.
collected; and
event, PBGC becomes trustee of the plan To support its Request, the Postal
• Minimize the burden of the
and pays benefits, subject to legal limits, Service filed a copy of the contract, a
collections of information on those who
to plan participants and beneficiaries. copy of the Governors’ Decision
The benefits of a pension plan are to respond, including through the
use of appropriate automated, authorizing the product, proposed
participant generally may not be changes to the Mail Classification
assigned or alienated. Title I of ERISA electronic, mechanical, or other
technological collection techniques or Schedule, a Statement of Supporting
provides an exception for domestic Justification, a certification of
relations orders that relate to child other forms of information technology,
e.g., permitting electronic submission of compliance with 39 U.S.C. 3633(a), and
support, alimony payments, or marital an application for non-public treatment
property rights of an alternate payee (a responses.
of certain materials. It also filed
spouse, former spouse, child, or other Issued in Washington, DC, this 6th day of supporting financial workpapers.
dependent of a plan participant). The July 2015.
exception applies only if the domestic Judith Starr, II. Notice of Commission Action
relations order meets specific legal General Counsel, Pension Benefit Guaranty The Commission establishes Docket
requirements that make it a qualified Corporation. Nos. MC2015–62 and CP2015–93 to
domestic relations order (QDRO). [FR Doc. 2015–16929 Filed 7–9–15; 8:45 am] consider the Request pertaining to the
When PBGC is trustee of a plan, it BILLING CODE 7709–02–P proposed Priority Mail Contract 129
reviews submitted domestic relations product and the related contract,
orders to determine whether the order is respectively.
qualified before paying benefits to an POSTAL REGULATORY COMMISSION The Commission invites comments on
alternate payee. The requirements for whether the Postal Service’s filings in
submitting a domestic relations order [Docket Nos. MC2015–62 and CP2015–93; the captioned dockets are consistent
and the contents of such orders are Order No. 2563] with the policies of 39 U.S.C. 3632,
established by statute. The models and 3633, or 3642, 39 CFR part 3015, and 39
the guidance provided by PBGC assist New Postal Product CFR part 3020, subpart B. Comments are
parties by making it easier for them to AGENCY: Postal Regulatory Commission. due no later than July 13, 2015. The
comply with ERISA’s QDRO public portions of these filings can be
ACTION: Notice.
requirements in plans trusteed by PBGC; accessed via the Commission’s Web site
they do not create any additional SUMMARY: The Commission is noticing a (http://www.prc.gov).
requirements and result in a reduction recent Postal Service filing concerning The Commission appoints Cassie
of the statutory burden. the addition of Priority Mail Contract D’Souza to serve as Public
OMB has approved the collection of 129 to the competitive product list. This Representative in these dockets.
information in PBGC’s booklet, notice informs the public of the filing, III. Ordering Paragraphs
Qualified Domestic Relations Orders & invites public comment, and takes other
PBGC under control number 1212–0054 It is ordered:
administrative steps.
through October 31, 2015. PBGC intends 1. The Commission establishes Docket
DATES: Comments are due: July 13, Nos. MC2015–62 and CP2015–93 to
to request that OMB extend approval of
2015. consider the matters raised in each
the collection of information for three
years. An agency may not conduct or ADDRESSES: Submit comments docket.
2. Pursuant to 39 U.S.C. 505, Cassie
mstockstill on DSK4VPTVN1PROD with NOTICES
sponsor, and a person is not required to electronically via the Commission’s
respond to, a collection of information Filing Online system at http:// D’Souza is appointed to serve as an
unless it displays a currently valid OMB www.prc.gov. Those who cannot submit officer of the Commission to represent
control number. comments electronically should contact
1 Request of the United States Postal Service to
PBGC is not proposing any the person identified in the FOR FURTHER
Add Priority Mail Contract 129 to Competitive
substantive changes to the booklet. INFORMATION CONTACT section by
Product List and Notice of Filing (Under Seal) of
PBGC estimates that over the next telephone for advice on filing Unredacted Governors’ Decision, Contract, and
three years it will receive approximately alternatives. Supporting Data, July 2, 2015 (Request).
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Document Created: 2018-02-23 09:15:46
Document Modified: 2018-02-23 09:15:46
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice of intent to request extension of OMB approval. | |
| Dates | Comments must be submitted by September 8, 2015. | |
| Contact | Jo Amato Burns, Attorney, or Catherine B. Klion, Assistant General Counsel, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 20005-4026, 202-326-4223. (For TTY and TDD, call 800-877-8339 and ask to be connected to 202-326-4223.) | |
| FR Citation | 80 FR 39806 |
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