83_FR_13866 83 FR 13804 - Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums

83 FR 13804 - Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums

PENSION BENEFIT GUARANTY CORPORATION

Federal Register Volume 83, Issue 62 (March 30, 2018)

Page Range13804-13805
FR Document2018-06394

The Pension Benefit Guaranty Corporation (PBGC) is requesting that the Office of Management and Budget (OMB) extend approval for three years under the Paperwork Reduction Act of the collection of information under its regulation on Payment of Premiums (OMB control number 1212-0009; expires March 31, 2018), without modification. This notice informs the public of PBGC's request and solicits public comment on the collection of information.

Federal Register, Volume 83 Issue 62 (Friday, March 30, 2018) 
[Federal Register Volume 83, Number 62 (Friday, March 30, 2018)]
[Notices]
[Pages 13804-13805]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-06394]


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PENSION BENEFIT GUARANTY CORPORATION


Submission of Information Collection for OMB Review; Comment 
Request; Payment of Premiums

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of request for extension of OMB approval of collection 
of information.

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SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is requesting 
that the Office of Management and Budget (OMB) extend approval for 
three years under the Paperwork Reduction Act of the collection of 
information under its regulation on Payment of Premiums

[[Page 13805]]

(OMB control number 1212-0009; expires March 31, 2018), without 
modification. This notice informs the public of PBGC's request and 
solicits public comment on the collection of information.

DATES: Comments must be submitted by April 30, 2018.

ADDRESSES: Comments should be sent to the Office of Information and 
Regulatory Affairs, Office of Management and Budget, Attention: Desk 
Officer for the Pension Benefit Guaranty Corporation, via electronic 
mail at [email protected] or by fax to 202-395-6974.
    The OMB submission (including the collection of information, 
comments, and supporting statement) will be posted at http://www.pbgc.gov/prac/laws-and-regulations/information-collections-under-omb-review.html. Copies of the collection of information and comments 
may also be obtained without charge by writing to the Disclosure 
Division, Office of General Counsel, Pension Benefit Guaranty 
Corporation, 1200 K Street NW, Washington, DC 20005-4026; visiting the 
Disclosure Division; faxing a request to 202-326-4042; or calling 202-
326-4040 during normal business hours. (TTY users may call the Federal 
relay service toll-free at 1-800-877-8339 and ask to be connected to 
202-326-4040.) The premium payment regulation and the premium 
instructions (including illustrative forms) for 2018 are available at 
www.pbgc.gov.

FOR FURTHER INFORMATION CONTACT: Stephanie Cibinic, Deputy Assistant 
General Counsel for Regulatory Affairs, Office of the General Counsel, 
Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 
20005-4026; 202-326-4400 ext. 6352. (TTY users may call the Federal 
relay service toll-free at 1-800-877-8339 and ask to be connected to 
202-326-4400 ext. 6352.)

SUPPLEMENTARY INFORMATION: Section 4007 of Title IV of the Employee 
Retirement Income Security Act of 1974 (ERISA) requires pension plans 
covered under Title IV pension insurance programs to pay premiums to 
PBGC. All plans covered by Title IV pay a flat-rate per-participant 
premium. An underfunded single-employer plan also pays a variable-rate 
premium based on the value of the plan's unfunded vested benefits.
    Pursuant to section 4007, PBGC has issued its regulation on Payment 
of Premiums (29 CFR part 4007). Under Sec.  4007.3 of the premium 
payment regulation, the plan administrator of each pension plan covered 
by Title IV of ERISA is required to file a premium payment and 
information prescribed by PBGC for each premium payment year. Premium 
information must be filed electronically using ``My Plan Administration 
Account'' (``My PAA'') through PBGC's website except to the extent PBGC 
grants an exemption for good cause in appropriate circumstances, in 
which case the information must be filed using an approved PBGC form. 
Under Sec.  4007.10 of the premium payment regulation, plan 
administrators are required to retain records about premiums and 
information submitted in premium filings.
    Premium filings report (i) the flat-rate premium and related data 
(all plans), (ii) the variable-rate premium and related data (single-
employer plans), and (iii) additional data such as identifying 
information and miscellaneous plan-related or filing-related data (all 
plans). PBGC needs this information to identify the plans for which 
premiums are paid, to verify whether the amounts paid are correct, to 
help PBGC determine the magnitude of its exposure in the event of plan 
termination, to help track the creation of new plans and transfer of 
participants and plan assets and liabilities among plans, and to keep 
PBGC's insured-plan inventory up to date. That information and the 
retained records are also needed for audit purposes.
    The collection of information under the regulation has been 
approved by OMB through March 31, 2018, under control number 1212-0009. 
On January 24, 2018 (at 83 FR 3369), PBGC gave public notice that it 
intended to request extension of OMB approval of this collection of 
information for three years and invited public comment. No comments 
were received. 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 estimates that it will receive 23,700 premium filings per year 
from 23,700 plan administrators under this collection of information. 
PBGC further estimates that the annual burden of this collection of 
information is 10,439 hours and $16,392,500.

    Issued in Washington DC by:
Stephanie Cibinic,
Deputy Assistant General Counsel for Regulatory Affairs, Pension 
Benefit Guaranty Corporation.
[FR Doc. 2018-06394 Filed 3-29-18; 8:45 am]
 BILLING CODE 7709-02-P

13804 Federal Register / Vol. 83, No. 62 / Friday, March 30, 2018 / Notices construct and operate the CISF. If the participant in the scoping process for STORE CISF EIS does not entitle NRC approves the license application, it whom the staff has an address. participants to become parties to any would issue Holtec a specific license The Holtec HI–STORE CISF EIS will proceeding to which the EIS relates. under the provisions of 10 CFR part 72, address the potential impacts from the In addition to requesting scoping and Holtec would proceed with the proposed action. The anticipated scope comments through this Federal Register proposed activities. of the EIS will consider both notice, the NRC staff also intends to Alternatives to the Proposed Action— radiological and non-radiological reach out to interested stakeholders, other alternatives not listed here may be impacts associated with the proposed including other Federal and State identified during scoping or through the project and its alternatives. The EIS will agencies and Indian Tribes. The NRC environmental review process. also consider unavoidable adverse staff seeks to identify, among other environmental impacts, the relationship things, all review and consultation VI. Scope of the Environmental Review between short-term uses of resources requirements related to the proposed The NRC staff is conducting a scoping and long-term productivity, and action, and agencies with jurisdiction by process for the Holtec HI–STORE CISF irreversible and irretrievable law or special expertise with respect to EIS, which begins on the day this notice commitments of resources. The any environmental impact involved or appears in the Federal Register. In following resource areas have been which is authorized to develop and accordance with 10 CFR 51.29, the NRC tentatively identified for analysis in the enforce relevant environmental seeks public input to help the NRC EIS: Land use, transportation, geology standards. The NRC invites such determine the appropriate scope of the and soils, water resources, ecological agencies to participate in the scoping EIS, including significant environmental resources, air quality and climate process and, as appropriate, cooperate issues to be analyzed in depth, as well change, noise, historical and cultural in the preparation of the EIS. as those that should be eliminated from resources, visual and scenic resources, detailed study because they are socioeconomics, public and The NRC staff will continue its peripheral or are not significant. The occupational health, waste management, environmental review of Holtec’s HI– NRC staff is planning to publish environmental justice, and cumulative STORE CISF license application, and information related to this action in impacts. This list is not intended to be with its contractor, prepare a draft EIS newspapers serving the communities exhaustive, nor is it a predetermination and, as soon as practicable, publish it near the Holtec site, requesting of potential environmental impacts. The for public comment. The NRC staff information and comments from the EIS will describe the NRC staff’s plans to have a public comment period public. Additionally, the NRC is approach and methodology undertaken for the draft EIS. Availability of the draft planning to hold public scoping to determine the resource areas that will EIS and the dates of the public comment meetings to receive comments in person be studied in detail and the NRC staff’s period will be announced in a future in accordance with 10 CFR 51.26. The evaluation of potential impacts to those Federal Register notice. The final EIS dates, times, and locations for any resource areas. will include NRC’s responses to public meetings will be provided in a future The NRC encourages members of the comments received on the draft EIS. Federal Register notice. public, local, State, Tribal, and Federal VII. Availability of Documents After the close of the scoping period, government agencies to participate in the NRC staff will prepare a concise the scoping process. Written comments The documents identified in this summary of its scoping process, the may be submitted during the scoping Federal Register notice are accessible to comments received, as well as the period as described in the ADDRESSES interested persons by the means NRC’s responses. The Scoping Summary and SUPPLEMENTARY INFORMATION section indicated in either the SUPPLEMENTARY Report will be included in NRC’s draft of this document. Participation in the INFORMATION section of this notice or in EIS as an appendix and sent to each scoping process for the Holtec HI– the table below: Adams Document Accession No. Holtec’s HI–STORE CISF license application and Environmental Report ...................................................................................... ML17115A418 Rev. 0 (March 2017) ......................................................................................................................................................................... ML17139C535 NRC’s request for supplemental information (July 2017) ................................................................................................................ ML17191A357 ML17191A358 Holtec’s submittal of responses to NRC’s request for supplemental information and Environmental Report Rev. 0A (October ML17310A234 2017). ML17345B064 Holtec’s submittal of responses to NRC’s request for supplemental information and Environmental Report Rev. 1 (December ML17362A093 2017). ML18023A904 NRC’s response to Holtec and acceptance of the application for docketing and detailed review (February 28, 2018) ................ ML18059A251 Dated at Rockville, Maryland, on March 26, PENSION BENEFIT GUARANTY ACTION:Notice of request for extension 2018. CORPORATION of OMB approval of collection of For the Nuclear Regulatory Commission. information. Craig G. Erlanger, Submission of Information Collection amozie on DSK30RV082PROD with NOTICES for OMB Review; Comment Request; SUMMARY: The Pension Benefit Guaranty Director, Division of Fuel Cycle Safety, Payment of Premiums Corporation (PBGC) is requesting that Safeguards, and Environmental Review, the Office of Management and Budget Office of Nuclear Material Safety and Safeguards. AGENCY: Pension Benefit Guaranty (OMB) extend approval for three years Corporation. under the Paperwork Reduction Act of [FR Doc. 2018–06398 Filed 3–29–18; 8:45 am] the collection of information under its BILLING CODE 7509–01–P regulation on Payment of Premiums VerDate Sep<11>2014 18:57 Mar 29, 2018 Jkt 244001 PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 E:\FR\FM\30MRN1.SGM 30MRN1

Federal Register / Vol. 83, No. 62 / Friday, March 30, 2018 / Notices 13805 (OMB control number 1212–0009; of ERISA is required to file a premium POSTAL REGULATORY COMMISSION expires March 31, 2018), without payment and information prescribed by modification. This notice informs the PBGC for each premium payment year. [Docket Nos. CP2018–65; CP2018–191] public of PBGC’s request and solicits Premium information must be filed public comment on the collection of electronically using ‘‘My Plan New Postal Products information. Administration Account’’ (‘‘My PAA’’) AGENCY: Postal Regulatory Commission. DATES: Comments must be submitted by through PBGC’s website except to the ACTION: Notice. April 30, 2018. extent PBGC grants an exemption for good cause in appropriate SUMMARY: The Commission is noticing a ADDRESSES: Comments should be sent to circumstances, in which case the recent Postal Service filing for the the Office of Information and Regulatory information must be filed using an Commission’s consideration concerning Affairs, Office of Management and approved PBGC form. Under § 4007.10 negotiated service agreements. This Budget, Attention: Desk Officer for the of the premium payment regulation, notice informs the public of the filing, Pension Benefit Guaranty Corporation, plan administrators are required to invites public comment, and takes other via electronic mail at OIRA_DOCKET@ retain records about premiums and administrative steps. omb.eop.gov or by fax to 202–395–6974. information submitted in premium DATES: Comments are due: April 3, The OMB submission (including the collection of information, comments, filings. 2018. and supporting statement) will be Premium filings report (i) the flat-rate ADDRESSES: Submit comments posted at http://www.pbgc.gov/prac/ premium and related data (all plans), (ii) electronically via the Commission’s laws-and-regulations/information- the variable-rate premium and related Filing Online system at http:// collections-under-omb-review.html. data (single-employer plans), and (iii) www.prc.gov. Those who cannot submit Copies of the collection of information additional data such as identifying comments electronically should contact and comments may also be obtained information and miscellaneous plan- the person identified in the FOR FURTHER without charge by writing to the related or filing-related data (all plans). INFORMATION CONTACT section by Disclosure Division, Office of General PBGC needs this information to identify telephone for advice on filing Counsel, Pension Benefit Guaranty the plans for which premiums are paid, alternatives. Corporation, 1200 K Street NW, to verify whether the amounts paid are Washington, DC 20005–4026; visiting correct, to help PBGC determine the FOR FURTHER INFORMATION CONTACT: the Disclosure Division; faxing a request magnitude of its exposure in the event David A. Trissell, General Counsel, at to 202–326–4042; or calling 202–326– of plan termination, to help track the 202–789–6820. 4040 during normal business hours. creation of new plans and transfer of SUPPLEMENTARY INFORMATION: (TTY users may call the Federal relay participants and plan assets and Table of Contents service toll-free at 1–800–877–8339 and liabilities among plans, and to keep ask to be connected to 202–326–4040.) PBGC’s insured-plan inventory up to I. Introduction The premium payment regulation and date. That information and the retained II. Docketed Proceeding(s) the premium instructions (including records are also needed for audit I. Introduction illustrative forms) for 2018 are available purposes. at www.pbgc.gov. The Commission gives notice that the The collection of information under Postal Service filed request(s) for the FOR FURTHER INFORMATION CONTACT: the regulation has been approved by Commission to consider matters related Stephanie Cibinic, Deputy Assistant OMB through March 31, 2018, under to negotiated service agreement(s). The General Counsel for Regulatory Affairs, control number 1212–0009. On January request(s) may propose the addition or Office of the General Counsel, Pension 24, 2018 (at 83 FR 3369), PBGC gave removal of a negotiated service Benefit Guaranty Corporation, 1200 K public notice that it intended to request agreement from the market dominant or Street NW, Washington, DC 20005– extension of OMB approval of this the competitive product list, or the 4026; 202–326–4400 ext. 6352. (TTY collection of information for three years modification of an existing product users may call the Federal relay service and invited public comment. No currently appearing on the market toll-free at 1–800–877–8339 and ask to comments were received. An agency dominant or the competitive product be connected to 202–326–4400 ext. may not conduct or sponsor, and a list. 6352.) person is not required to respond to, a Section II identifies the docket SUPPLEMENTARY INFORMATION: Section collection of information unless it number(s) associated with each Postal 4007 of Title IV of the Employee displays a currently valid OMB control Service request, the title of each Postal Retirement Income Security Act of 1974 number. Service request, the request’s acceptance (ERISA) requires pension plans covered PBGC estimates that it will receive date, and the authority cited by the under Title IV pension insurance 23,700 premium filings per year from Postal Service for each request. For each programs to pay premiums to PBGC. All 23,700 plan administrators under this request, the Commission appoints an plans covered by Title IV pay a flat-rate collection of information. PBGC further officer of the Commission to represent per-participant premium. An estimates that the annual burden of this the interests of the general public in the underfunded single-employer plan also collection of information is 10,439 proceeding, pursuant to 39 U.S.C. 505 pays a variable-rate premium based on hours and $16,392,500. (Public Representative). Section II also the value of the plan’s unfunded vested establishes comment deadline(s) Issued in Washington DC by: amozie on DSK30RV082PROD with NOTICES benefits. pertaining to each request. Pursuant to section 4007, PBGC has Stephanie Cibinic, The public portions of the Postal issued its regulation on Payment of Deputy Assistant General Counsel for Service’s request(s) can be accessed via Premiums (29 CFR part 4007). Under Regulatory Affairs, Pension Benefit Guaranty the Commission’s website (http:// § 4007.3 of the premium payment Corporation. www.prc.gov). Non-public portions of regulation, the plan administrator of [FR Doc. 2018–06394 Filed 3–29–18; 8:45 am] the Postal Service’s request(s), if any, each pension plan covered by Title IV BILLING CODE 7709–02–P can be accessed through compliance VerDate Sep<11>2014 18:57 Mar 29, 2018 Jkt 244001 PO 00000 Frm 00085 Fmt 4703 Sfmt 4703 E:\FR\FM\30MRN1.SGM 30MRN1


Document Created: 2018-11-01 08:58:14
Document Modified: 2018-11-01 08:58:14
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice of request for extension of OMB approval of collection of information.
DatesComments must be submitted by April 30, 2018.
ContactStephanie Cibinic, Deputy Assistant General Counsel for Regulatory Affairs, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005-4026; 202-326-4400 ext. 6352. (TTY users may call the Federal relay service toll-free at 1-800-877-8339 and ask to be connected to 202-326-4400 ext. 6352.)
FR Citation83 FR 13804 
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