82 FR 45912 - Proposed Submission of Information Collection for OMB Review; Comment Request; Termination of Single-Employer Plans, Missing Participants
PENSION BENEFIT GUARANTY CORPORATION Federal Register Volume 82, Issue 189 (October 2, 2017)
Federal Register Volume 82, Issue 189 (October 2, 2017)
| Page Range | 45912-45913 | |
| FR Document | 2017-20927 |
[Federal Register Volume 82, Number 189 (Monday, October 2, 2017)] [Notices] [Pages 45912-45913] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-20927] ======================================================================= ----------------------------------------------------------------------- PENSION BENEFIT GUARANTY CORPORATION Proposed Submission of Information Collection for OMB Review; Comment Request; Termination of Single-Employer Plans, Missing Participants AGENCY: Pension Benefit Guaranty Corporation. ACTION: Notice of intent to request extension of OMB approval. ----------------------------------------------------------------------- SUMMARY: Pension Benefit Guaranty Corporation (``PBGC'') intends to request that the Office of Management and Budget (``OMB'') extend approval (with modifications), under the Paperwork Reduction Act of 1995, of a collection of information in its regulations on Termination of Single-Employer Plans and Missing Participants, and implementing forms and instructions. This notice informs the public of PBGC's intent and solicits public comment on the collection of information. DATES: Comments should be submitted by December 1, 2017. 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]. 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 1-800-877-8339 and ask to be connected to 202-326-4040.) The regulations and forms and instructions relating to this collection of information are available on PBGC's Web site at www.pbgc.gov. FOR FURTHER INFORMATION CONTACT: Jo Amato Burns ([email protected]), Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 20005-4026, 202 326-4400, ext. 3072, or Daniel S. Liebman ([email protected]), Acting Assistant General Counsel, same address and phone number, ext. 6510. TTY and TDD users may call the Federal relay service toll-free at 800-877-8339 and ask to be connected to 202-326-4400. SUPPLEMENTARY INFORMATION: Under section 4041 of the Employee Retirement Income Security Act of 1974, as amended, a single-employer pension plan may terminate voluntarily only if it satisfies the requirements for either a standard or a distress termination. Pursuant to ERISA section 4041(b), for standard terminations, and section 4041(c), for distress terminations, and PBGC's termination regulation (29 CFR part 4041), a plan administrator wishing to terminate a plan is required to submit specified information to PBGC in support of the proposed termination and to provide specified information regarding the proposed termination to third parties (participants, beneficiaries, alternate payees, and employee organizations). In the case of a plan with participants or beneficiaries who cannot be located when their benefits are to be distributed, the plan administrator is subject to the requirements of ERISA section 4050 and PBGC's regulation on missing participants (29 CFR part 4050). These regulations may be found on PBGC's Web site at http://www.pbgc.gov/res/laws-and-regulations/code-of-federal-regulations.html. The collection of information under these regulations and the implementing forms and instructions has been approved by OMB under control number 1212-0036 (expires November 30, 2017). PBGC is requesting that OMB extend its approval for three years, with modifications. 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 proposing to provide that the plan administrator of a plan terminating in a standard termination, or a distress termination that closes out in the private sector, may submit termination forms electronically (scanned and emailed or faxed), rather than by mail or [[Page 45913]] personal delivery only. PBGC is proposing this new submission provision to increase the ease of submission for plan administrators. In addition, PBGC is proposing to include an opportunity for plan sponsors to contact PBGC for a pre-filing consultation to discuss the filing process and ensure the filing of a distress termination is appropriate given the sponsor's specific circumstances. This consultation will assist PBGC and the plan sponsor in exploring whether a waiver of one or more filing obligations is appropriate, identifying potential issues preventing a distress termination of a particular plan, and may indicate that commencement of an agency-initiated termination of the pension plan is warranted. This consultation will be voluntary and will result in little or no added burden on the plan sponsor. PBGC estimates that 1,276 plan administrators will be subject to the collection of information requirements in PBGC's regulations on termination and missing participants and implementing forms and instructions each year, and that the total annual burden of complying with these requirements will be 1,560 hours and $1,350,400. 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 collection of information, including the validity of the methodology and assumptions used; Enhance the quality, utility, and clarity of the information to be collected; and Minimize the burden of the collection of information on those who are to respond, including 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, by Stephanie Cibinic, Deputy Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2017-20927 Filed 9-29-17; 8:45 am] BILLING CODE 7709-02-P
![45912 Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices
NRC-regulated hazard (radiological or criteria but that have been perceived by 202–326–4040.) The regulations and
chemical).15 Congress or the public to be of high health forms and instructions relating to this
2. An NRC-ordered safety-related or or safety significance, have received collection of information are available
security-related immediate remedial action. significant media coverage, or have caused on PBGC’s Web site at www.pbgc.gov.
the U.S. Nuclear Regulatory Commission to
C. Events Involving the Medical Use of FOR FURTHER INFORMATION CONTACT: Jo
increase its attention to or oversight of a
Radioactive Materials in Patients or Human Amato Burns (burns.jo.amato@
program area, or a group of similar events
Research Subjects.16 pbgc.gov), Regulatory Affairs Division,
that have resulted in licensed materials
1. A medical event, as defined in § 35.3045, entering the public domain in an Office of the General Counsel, Pension
which results in a dose that: uncontrolled manner. Benefit Guaranty Corporation, 1200 K
(a) Is equal to or greater than 1 gray (Gy)
[FR Doc. 2017–21043 Filed 9–29–17; 8:45 am] Street NW., Washington, DC 20005–
(100 rad) to a major portion of the bone
marrow or to the lens of the eye; or equal to BILLING CODE 7590–01–P 4026, 202 326–4400, ext. 3072, or Daniel
or greater than 2.5 Gy (250 rad) to the gonads; S. Liebman (daniel.liebman@pbgc.gov),
or Acting Assistant General Counsel, same
(b) Exceeds, by 10 Gy (1,000 rad), the PENSION BENEFIT GUARANTY address and phone number, ext. 6510.
expected dose to any other organ or tissue CORPORATION TTY and TDD users may call the
from the administration defined in the Federal relay service toll-free at 800–
written directive; and Proposed Submission of Information 877–8339 and ask to be connected to
2. A medical event, as defined in § 35.3045,
Collection for OMB Review; Comment 202–326–4400.
which involves:
(a) A dose or dosage that is at least 50 Request; Termination of Single- SUPPLEMENTARY INFORMATION: Under
percent greater than that prescribed, or Employer Plans, Missing Participants section 4041 of the Employee
(b) A prescribed dose or dosage that: Retirement Income Security Act of 1974,
(i) Uses the wrong radiopharmaceutical or
AGENCY: Pension Benefit Guaranty
as amended, a single-employer pension
unsealed byproduct material; or Corporation.
plan may terminate voluntarily only if
(ii) Is delivered by the wrong route of ACTION: Notice of intent to request it satisfies the requirements for either a
administration; or extension of OMB approval.
(iii) Is delivered to the wrong treatment
standard or a distress termination.
site; or SUMMARY: Pension Benefit Guaranty Pursuant to ERISA section 4041(b), for
(iv) Is delivered by the wrong treatment Corporation (‘‘PBGC’’) intends to standard terminations, and section
mode; or request that the Office of Management 4041(c), for distress terminations, and
(v) Is from a leaking source or sources; or and Budget (‘‘OMB’’) extend approval PBGC’s termination regulation (29 CFR
(vi) Is delivered to the wrong individual or part 4041), a plan administrator wishing
human research subject.
(with modifications), under the
Paperwork Reduction Act of 1995, of a to terminate a plan is required to submit
Appendix B: Other Events of Interest collection of information in its specified information to PBGC in
regulations on Termination of Single- support of the proposed termination and
This appendix discusses other events of to provide specified information
interest that do not meet the criteria for Employer Plans and Missing
Participants, and implementing forms regarding the proposed termination to
abnormal occurrences (AOs) in Appendix A
to this policy statement. The Commission and instructions. This notice informs third parties (participants, beneficiaries,
may determine that events other than AOs the public of PBGC’s intent and solicits alternate payees, and employee
may be of interest to Congress and the public public comment on the collection of organizations). In the case of a plan with
and should be included in an appendix to the information. participants or beneficiaries who cannot
AO report as ‘‘Other Events of Interest.’’ Such be located when their benefits are to be
events may include, but are not necessarily DATES: Comments should be submitted distributed, the plan administrator is
limited to, events that do not meet the AO by December 1, 2017. subject to the requirements of ERISA
ADDRESSES: Comments may be section 4050 and PBGC’s regulation on
15 High-consequence events for facilities licensed
submitted by any of the following missing participants (29 CFR part 4050).
under 10 CFR part 70, ‘‘Domestic licensing of
special nuclear material,’’ are those that could methods: These regulations may be found on
seriously harm the worker or a member of the • Federal eRulemaking Portal: http:// PBGC’s Web site at http://
public in accordance with § 70.61, ‘‘Performance www.regulations.gov. Follow the Web www.pbgc.gov/res/laws-and-
requirements.’’ The integrated safety analysis site instructions for submitting regulations/code-of-federal-
conducted and maintained by the licensee or
applicant of 10 CFR part 70 fuel cycle facilities
comments. regulations.html.
identifies such hazards and the safety controls • Email: paperwork.comments@ The collection of information under
(§ 70.62(c)) applied to meet the performance pbgc.gov. these regulations and the implementing
requirements in accordance with § 70.61(b) through • Mail or Hand Delivery: Office of forms and instructions has been
(d).
General Counsel, Pension Benefit approved by OMB under control
Fuel cycle facilities licensed under 10 CFR part
40, ‘‘Domestic licensing of source material,’’ or Guaranty Corporation, 1200 K Street number 1212–0036 (expires November
certified under 10 CFR part 76, ‘‘Certification of NW., Washington, DC 20005–4026. 30, 2017). PBGC is requesting that OMB
gaseous diffusion plants,’’ have licensing basis PBGC will make all comments extend its approval for three years, with
documents that describe facility specific hazards, available on its Web site at
consequences, and those controls used to prevent
modifications. An agency may not
or mitigate the consequences of such accidents. For www.pbgc.gov. conduct or sponsor, and a person is not
these facilities, a high-consequence event would be Copies of the collection of required to respond to, a collection of
a release that has the potential to cause acute information may be obtained without information unless it displays a
radiological or chemical exposures to a worker or charge by writing to the Disclosure
sradovich on DSK3GMQ082PROD with NOTICES
a member of the public similar to that defined in
currently valid OMB control number.
Appendix A to Chapter 3, Section A.2, of NUREG Division of the Office of the General PBGC is proposing to provide that the
1520, Revision 2, ‘‘Standard Review Plan for Fuel Counsel of PBGC at the above address plan administrator of a plan terminating
Cycle Facilities License Applications—Final or by visiting that office or calling 202– in a standard termination, or a distress
Report,’’ issued June 2015, under ‘‘Consequence 326–4040 during normal business termination that closes out in the
Category 3 (High Consequences)’’ (ADAMS
Accession No. ML15176A258). hours. (TTY and TDD users may call the private sector, may submit termination
16 Criteria III.A.2, III.A.3, and III.A.4 also apply to Federal relay service toll-free at 1–800– forms electronically (scanned and
medical licensees. 877–8339 and ask to be connected to emailed or faxed), rather than by mail or
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![Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices 45913
personal delivery only. PBGC is POSTAL REGULATORY COMMISSION www.prc.gov). Non-public portions of
proposing this new submission the Postal Service’s request(s), if any,
[MC2017–207 and CP2017–315; MC2017–
provision to increase the ease of can be accessed through compliance
208 and CP2017–316; MC2017–209 and
submission for plan administrators. CP2017–317; MC2017–210 and CP2017–318; with the requirements of 39 CFR
MC2017–211 and CP2017–319; MC2017–212 3007.40.
In addition, PBGC is proposing to The Commission invites comments on
include an opportunity for plan and CP2017–320]
whether the Postal Service’s request(s)
sponsors to contact PBGC for a pre-filing New Postal Products in the captioned docket(s) are consistent
consultation to discuss the filing with the policies of title 39. For
process and ensure the filing of a AGENCY: Postal Regulatory Commission. request(s) that the Postal Service states
distress termination is appropriate given ACTION: Notice. concern market dominant product(s),
the sponsor’s specific circumstances. applicable statutory and regulatory
This consultation will assist PBGC and SUMMARY: The Commission is noticing a requirements include 39 U.S.C. 3622, 39
the plan sponsor in exploring whether recent Postal Service filing for the U.S.C. 3642, 39 CFR part 3010, and 39
a waiver of one or more filing Commission’s consideration concerning CFR part 3020, subpart B. For request(s)
obligations is appropriate, identifying a negotiated service agreement. This that the Postal Service states concern
notice informs the public of the filing, competitive product(s), applicable
potential issues preventing a distress
invites public comment, and takes other statutory and regulatory requirements
termination of a particular plan, and
administrative steps. include 39 U.S.C. 3632, 39 U.S.C. 3633,
may indicate that commencement of an
DATES: Comments are due: October 4, 39 U.S.C. 3642, 39 CFR part 3015, and
agency-initiated termination of the
pension plan is warranted. This 2017. 39 CFR part 3020, subpart B. Comment
consultation will be voluntary and will ADDRESSES: Submit comments deadline(s) for each request appear in
result in little or no added burden on electronically via the Commission’s section II.
the plan sponsor. Filing Online system at http:// II. Docketed Proceeding(s)
www.prc.gov. Those who cannot submit
PBGC estimates that 1,276 plan 1. Docket No(s).: MC2017–207 and
comments electronically should contact
administrators will be subject to the CP2017–315; Filing Title: Request of the
the person identified in the FOR FURTHER
collection of information requirements United States Postal Service to Add
INFORMATION CONTACT section by
in PBGC’s regulations on termination Priority Mail Contract 361 to
telephone for advice on filing
and missing participants and Competitive Product List and Notice of
alternatives.
implementing forms and instructions Filing (Under Seal) of Unredacted
each year, and that the total annual FOR FURTHER INFORMATION CONTACT: Governors’ Decision, Contract, and
burden of complying with these David A. Trissell, General Counsel, at Supporting Data; Filing Acceptance
requirements will be 1,560 hours and 202–789–6820. Date: September 26, 2017; Filing
$1,350,400. SUPPLEMENTARY INFORMATION: Authority: 39 U.S.C. 3642 and 39 CFR
3020.30 et seq.; Public Representative:
PBGC is soliciting public comments Table of Contents Christopher C. Mohr; Comments Due:
to— I. Introduction October 4, 2017.
• Evaluate whether the collection of II. Docketed Proceeding(s) 2. Docket No(s).: MC2017–208 and
information is necessary for the proper CP2017–316; Filing Title: Request of the
I. Introduction
performance of the functions of the United States Postal Service to Add
agency, including whether the The Commission gives notice that the Priority Mail Contract 362 to
Postal Service filed request(s) for the Competitive Product List and Notice of
information will have practical utility;
Commission to consider matters related Filing (Under Seal) of Unredacted
• Evaluate the accuracy of the to negotiated service agreement(s). The Governors’ Decision, Contract, and
agency’s estimate of the burden of the request(s) may propose the addition or Supporting Data; Filing Acceptance
collection of information, including the removal of a negotiated service Date: September 26, 2017; Filing
validity of the methodology and agreement from the market dominant or Authority: 39 U.S.C. 3642 and 39 CFR
assumptions used; the competitive product list, or the 3020.30 et seq.; Public Representative:
• Enhance the quality, utility, and modification of an existing product Christopher C. Mohr; Comments Due:
clarity of the information to be currently appearing on the market October 4, 2017.
collected; and dominant or the competitive product 3. Docket No(s).: MC2017–209 and
list. CP2017–317; Filing Title: Request of the
• Minimize the burden of the Section II identifies the docket United States Postal Service to Add
collection of information on those who number(s) associated with each Postal Priority Mail Contract 363 to
are to respond, including the use of Service request, the title of each Postal Competitive Product List and Notice of
appropriate automated, electronic, Service request, the request’s acceptance Filing (Under Seal) of Unredacted
mechanical, or other technological date, and the authority cited by the Governors’ Decision, Contract, and
collection techniques or other forms of Postal Service for each request. For each Supporting Data; Filing Acceptance
information technology, e.g., permitting request, the Commission appoints an Date: September 26, 2017; Filing
electronic submission of responses. officer of the Commission to represent Authority: 39 U.S.C. 3642 and 39 CFR
the interests of the general public in the
sradovich on DSK3GMQ082PROD with NOTICES
Issued in Washington, DC, by 3020.30 et seq.; Public Representative:
proceeding, pursuant to 39 U.S.C. 505 Katalin K. Clendenin; Comments Due:
Stephanie Cibinic,
(Public Representative). Section II also October 4, 2017.
Deputy Assistant General Counsel for establishes comment deadline(s) 4. Docket No(s).: MC2017–210 and
Regulatory Affairs, Pension Benefit Guaranty pertaining to each request. CP2017–318; Filing Title: Request of the
Corporation.
The public portions of the Postal United States Postal Service to Add
[FR Doc. 2017–20927 Filed 9–29–17; 8:45 am] Service’s request(s) can be accessed via Priority Mail Contract 364 to
BILLING CODE 7709–02–P the Commission’s Web site (http:// Competitive Product List and Notice of
VerDate Sep<11>2014 19:01 Sep 29, 2017 Jkt 244001 PO 00000 Frm 00119 Fmt 4703 Sfmt 4703 E:\FR\FM\02OCN1.SGM 02OCN1](https://thefederalregister.org/doc/82_FR_46101/page/2.svg)
Document Created: 2017-09-30 04:41:41
Document Modified: 2017-09-30 04:41:41
| 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 should be submitted by December 1, 2017. | |
| Contact | Jo Amato Burns ([email protected]), Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 20005-4026, 202 326-4400, ext. 3072, or Daniel S. Liebman ([email protected]), Acting Assistant General Counsel, | |
| FR Citation | 82 FR 45912 |
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