82 FR 23613 - Agency Information Collection Activities; Comment Request; Information Collections: Requirements of a Bona Fide Thrift or Savings Plan (29 CFR Part 547) and Requirements of a Bona Fide Profit-Sharing Plan or Trust (29 CFR Part 549)
DEPARTMENT OF LABOR
Wage and Hour Division Federal Register Volume 82, Issue 98 (May 23, 2017)
Wage and Hour Division
Federal Register Volume 82, Issue 98 (May 23, 2017)
| Page Range | 23613-23613 | |
| FR Document | 2017-10492 |
[Federal Register Volume 82, Number 98 (Tuesday, May 23, 2017)] [Notices] [Page 23613] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-10492] [[Page 23613]] ----------------------------------------------------------------------- DEPARTMENT OF LABOR Wage and Hour Division Agency Information Collection Activities; Comment Request; Information Collections: Requirements of a Bona Fide Thrift or Savings Plan (29 CFR Part 547) and Requirements of a Bona Fide Profit-Sharing Plan or Trust (29 CFR Part 549) AGENCY: Wage and Hour Division, Department of Labor. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: The Department of Labor, as part of its continuing effort to reduce paperwork and respondent burden, conducts a preclearance consultation program to provide the general public and Federal agencies with an opportunity to comment on proposed and/or continuing collections of information in accordance with the Paperwork Reduction Act of 1995 (PRA95). 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. Currently, the Wage and Hour Division is soliciting comments concerning its proposal to extend Office of Management and Budget (OMB) approval of the Information Collection: Requirements of a Bona Fide Thrift or Savings Plan and Requirements of a Bona Fide Profit-Sharing Plan or Trust. A copy of the proposed information request may 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 July 24, 2017. 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. Because we continue to experience delays in receiving mail in the Washington, DC area, 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 OMB approval of the information collection request. FOR FURTHER INFORMATION CONTACT: Robert Waterman, Compliance Specialist, Division of Regulations, Legislation, and Interpretation, Wage and Hour, 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). Copies of this notice may be obtained in alternative formats (Large Print, Braille, Audio Tape, or Disc), upon request, by calling (202) 693-0023 (not a toll-free number). TTY/TTD callers may dial toll-free (877) 889-5627 to obtain information or request materials in alternative formats. SUPPLEMENTARY INFORMATION: I. Background Section 7(e)(3)(b) of the Fair Labor Standards Act permits the exclusion from an employee's regular rate of pay, payments on behalf of an employee to a ``bona fide'' thrift or savings plan, profit-sharing plan or trust. Regulations, 29 CFR parts 547 and 549 set forth the requirements for what constitutes a ``bona fide'' thrift or savings plan, profit-sharing plan or trust. The maintenance of the records required by the regulations enables Department of Labor investigators to determine whether contributions to a given thrift or savings plan, profit-sharing plan or trust may be excluded in calculating the regular rate of pay for overtime purposes in compliance with section 7(e)(3)(b) of the FLSA. Without these records, such a determination could not be made. This information collection is currently approved for use through February 2018. 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; 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 DOL seeks an approval for the extension of this information collection that requires the keeping of records by employers as necessary or appropriate for the administration of the Act. Type of Review: Extension without change of a currently approved collection. Agency: Wage and Hour Division. Title: Requirements of a Bona Fide Thrift or Savings Plan (29 CFR part 547) and Requirements of a Bona Fide Profit-Sharing Plan or Trust (29 CFR part 549). OMB Control Number: 1235-0013. Affected Public: Business or other for-profit, Not-for-profit institutions, Farms. Total Respondents: 1,110,448. Total Annual Responses: 1,110,448. Estimated Total Burden Hours: 463. Estimated Time per Response: 2 seconds. Frequency: Annually. Total Burden Cost (capital/startup): $0. Total Burden Costs (operation/maintenance): $0. Dated: May 5, 2017. Melissa Smith, Director, Division of Regulation, Legislation, and Interpretation. [FR Doc. 2017-10492 Filed 5-22-17; 8:45 am] BILLING CODE 4510-27-P
![Federal Register / Vol. 82, No. 98 / Tuesday, May 23, 2017 / Notices 23613
DEPARTMENT OF LABOR electronically via email or to submit are to respond, including through the
them by mail early. Comments, use of appropriate automated,
Wage and Hour Division including any personal information electronic, mechanical, or other
provided, become a matter of public technological collection techniques or
Agency Information Collection record. They will also be summarized other forms of information technology,
Activities; Comment Request; and/or included in the request for OMB e.g., permitting electronic submissions
Information Collections: Requirements approval of the information collection of responses.
of a Bona Fide Thrift or Savings Plan request.
(29 CFR Part 547) and Requirements of III. Current Actions
a Bona Fide Profit-Sharing Plan or FOR FURTHER INFORMATION CONTACT:
The DOL seeks an approval for the
Trust (29 CFR Part 549) Robert Waterman, Compliance
extension of this information collection
Specialist, Division of Regulations,
AGENCY: Wage and Hour Division, that requires the keeping of records by
Legislation, and Interpretation, Wage
Department of Labor. employers as necessary or appropriate
and Hour, U.S. Department of Labor,
ACTION: Notice.
for the administration of the Act.
Room S–3502, 200 Constitution Avenue
Type of Review: Extension without
NW., Washington, DC 20210; telephone:
SUMMARY: The Department of Labor, as change of a currently approved
(202) 693–0406 (this is not a toll-free
part of its continuing effort to reduce collection.
number). Copies of this notice may be
paperwork and respondent burden, Agency: Wage and Hour Division.
obtained in alternative formats (Large Title: Requirements of a Bona Fide
conducts a preclearance consultation Print, Braille, Audio Tape, or Disc),
program to provide the general public Thrift or Savings Plan (29 CFR part 547)
upon request, by calling (202) 693–0023 and Requirements of a Bona Fide Profit-
and Federal agencies with an (not a toll-free number). TTY/TTD
opportunity to comment on proposed Sharing Plan or Trust (29 CFR part 549).
callers may dial toll-free (877) 889–5627 OMB Control Number: 1235–0013.
and/or continuing collections of to obtain information or request
information in accordance with the Affected Public: Business or other for-
materials in alternative formats. profit, Not-for-profit institutions, Farms.
Paperwork Reduction Act of 1995
SUPPLEMENTARY INFORMATION: Total Respondents: 1,110,448.
(PRA95). This program helps to ensure
that requested data can be provided in I. Background Total Annual Responses: 1,110,448.
the desired format, reporting burden Estimated Total Burden Hours: 463.
Section 7(e)(3)(b) of the Fair Labor Estimated Time per Response: 2
(time and financial resources) is
Standards Act permits the exclusion seconds.
minimized, collection instruments are
from an employee’s regular rate of pay, Frequency: Annually.
clearly understood, and the impact of
payments on behalf of an employee to Total Burden Cost (capital/startup):
collection requirements on respondents
a ‘‘bona fide’’ thrift or savings plan, $0.
can be properly assessed. Currently, the
profit-sharing plan or trust. Regulations, Total Burden Costs (operation/
Wage and Hour Division is soliciting
29 CFR parts 547 and 549 set forth the maintenance): $0.
comments concerning its proposal to
requirements for what constitutes a
extend Office of Management and Dated: May 5, 2017.
‘‘bona fide’’ thrift or savings plan, profit-
Budget (OMB) approval of the Melissa Smith,
sharing plan or trust. The maintenance
Information Collection: Requirements of Director, Division of Regulation, Legislation,
of the records required by the
a Bona Fide Thrift or Savings Plan and and Interpretation.
regulations enables Department of Labor
Requirements of a Bona Fide Profit- [FR Doc. 2017–10492 Filed 5–22–17; 8:45 am]
investigators to determine whether
Sharing Plan or Trust. A copy of the
contributions to a given thrift or savings BILLING CODE 4510–27–P
proposed information request may be
plan, profit-sharing plan or trust may be
obtained by contacting the office listed
excluded in calculating the regular rate
below in the FOR FURTHER INFORMATION DEPARTMENT OF LABOR
of pay for overtime purposes in
CONTACT section of this Notice.
compliance with section 7(e)(3)(b) of the
DATES: Written comments must be Office of Workers’ Compensation
FLSA. Without these records, such a
submitted to the office listed in the Programs
determination could not be made. This
ADDRESSES section below on or before information collection is currently
July 24, 2017. Proposed Extension of Existing
approved for use through February Collection; Comment Request
ADDRESSES: You may submit comments 2018.
identified by Control Number 1235– AGENCY: Division of Federal Employees’
0013, by either one of the following II. Review Focus Compensation, Office of Workers’
methods: Email: WHDPRAComments@ The Department of Labor is Compensation Programs, Department of
dol.gov; Mail, Hand Delivery, Courier: particularly interested in comments Labor.
Division of Regulations, Legislation, and which: ACTION: Notice.
Interpretation, Wage and Hour, U.S. • Evaluate whether the proposed
Department of Labor, Room S–3502, 200 collection of information is necessary SUMMARY: The Department of Labor, as
Constitution Avenue NW., Washington, for the proper performance of the part of its continuing effort to reduce
DC 20210. Instructions: Please submit functions of the agency, including paperwork and respondent burden,
one copy of your comments by only one whether the information will have conducts a preclearance consultation
method. All submissions received must program to provide the general public
sradovich on DSK3GMQ082PROD with NOTICES
practical utility;
include the agency name and Control • Evaluate the accuracy of the and Federal agencies with an
Number identified above for this agency’s estimate of the burden of the opportunity to comment on proposed
information collection. Because we proposed collection of information, and/or continuing collections of
continue to experience delays in including the validity of the information in accordance with the
receiving mail in the Washington, DC methodology and assumptions used; Paperwork Reduction Act of 1995
area, commenters are strongly • Minimize the burden of the (PRA95). This program helps to ensure
encouraged to transmit their comments collection of information on those who that requested data can be provided in
VerDate Sep<11>2014 21:15 May 22, 2017 Jkt 241001 PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 E:\FR\FM\23MYN1.SGM 23MYN1](https://thefederalregister.org/doc/82_FR_23711/page/1.svg)
Document Created: 2017-05-23 02:14:38
Document Modified: 2017-05-23 02:14:38
| 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. | |
| Dates | Written comments must be submitted to the office listed in the | |
| Contact | Robert Waterman, Compliance Specialist, Division of Regulations, Legislation, and Interpretation, Wage and Hour, 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). Copies of this notice may be obtained in alternative formats (Large Print, Braille, Audio Tape, or Disc), upon request, by calling (202) 693-0023 (not a toll-free number). TTY/TTD callers may dial toll-free (877) 889-5627 to obtain information or request materials in alternative formats. | |
| FR Citation | 82 FR 23613 |
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