83 FR 3369 - Proposed Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums
PENSION BENEFIT GUARANTY CORPORATION Federal Register Volume 83, Issue 16 (January 24, 2018)
Federal Register Volume 83, Issue 16 (January 24, 2018)
| Page Range | 3369-3370 | |
| FR Document | 2018-01265 |
[Federal Register Volume 83, Number 16 (Wednesday, January 24, 2018)] [Notices] [Pages 3369-3370] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-01265] ======================================================================= ----------------------------------------------------------------------- PENSION BENEFIT GUARANTY CORPORATION Proposed Submission of Information Collection for OMB Review; Comment Request; Payment of Premiums AGENCY: Pension Benefit Guaranty Corporation. ACTION: Notice of intent to request OMB approval of collection of information. ----------------------------------------------------------------------- SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend for three years its approval under the Paperwork Reduction Act of the collection of information under PBGC's regulation on Payment of Premiums (OMB control number 1212-0009; expires March 31, 2018) without modification. This notice informs the public of PBGC's intent and solicits public comment on the collection of information. DATES: Comments must be submitted by March 26, 2018. ADDRESSES: Comments may be submitted by any of the following methods:Federal eRulemaking Portal: http://www.regulations.gov. Follow the website instructions for submitting comments. Email: paperwork.comments@pbgc.gov. Mail or Hand Delivery: Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005-4026. Comments received will be posted to www.pbgc.gov. Copies of the collection of information and comments may be obtained without charge by writing to the Disclosure Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005-4026; faxing a request to 202-326-4042; or calling 202-326-4040 during normal business hours. (TTY/ASCII 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) 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/ASCII 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 is filed electronically using ``My Plan Administration Account'' (``My PAA'') through PBGC's website. 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 through March 31, 2018, by OMB under control number 1212-0009. PBGC intends to request that OMB approve the [[Page 3370]] revised collection of information for three years without change. 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. PBGC is soliciting public comments to-- 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 methodologies 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 through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology. Stephanie Cibinic, Deputy Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2018-01265 Filed 1-23-18; 8:45 am] BILLING CODE 7709-02-P
![Federal Register / Vol. 83, No. 16 / Wednesday, January 24, 2018 / Notices 3369
select ‘‘Begin Web-based ADAMS For the Nuclear Regulatory Commission. illustrative forms) are available at
Search.’’ For problems with ADAMS, John R. Tappert, www.pbgc.gov.
please contact the NRC’s Public Director, Division of Decommissioning, FOR FURTHER INFORMATION CONTACT:
Document Room (PDR) reference staff at Uranium Recovery, and Waste Programs, Stephanie Cibinic, Deputy Assistant
1–800–397–4209, 301–415–4737, or by Office of Nuclear Material Safety and
General Counsel for Regulatory Affairs,
Safeguards.
email to pdr.resource@nrc.gov. Office of the General Counsel, Pension
[FR Doc. 2018–01241 Filed 1–23–18; 8:45 am]
• NRC’s PDR: You may examine and Benefit Guaranty Corporation, 1200 K
BILLING CODE 7590–01–P
purchase copies of public documents at Street, NW, Washington, DC 20005–
the NRC’s PDR, Room O1–F21, One 4026; 202–326–4400 ext. 6352. (TTY/
White Flint North, 11555 Rockville ASCII users may call the Federal relay
Pike, Rockville, Maryland 20852. PENSION BENEFIT GUARANTY service toll-free at 1–800–877–8339 and
CORPORATION ask to be connected to 202–326–4400
FOR FURTHER INFORMATION CONTACT: Jack ext. 6352.)
Parrott, Office of Nuclear Material Proposed Submission of Information SUPPLEMENTARY INFORMATION:
Safety and Safeguards, U.S. Nuclear Collection for OMB Review; Comment Section 4007 of Title IV of the
Regulatory Commission, Washington, Request; Payment of Premiums Employee Retirement Income Security
DC 20555–0001; telephone: 301–415– Act of 1974 (ERISA) requires pension
AGENCY: Pension Benefit Guaranty
6634, email: Jack.Parrott@nrc.gov. plans covered under Title IV pension
Corporation.
insurance programs to pay premiums to
SUPPLEMENTARY INFORMATION: In the FR ACTION: Notice of intent to request OMB PBGC. All plans covered by Title IV pay
on December 26, 2017, in FR Doc. 2017– approval of collection of information. a flat-rate per-participant premium. An
27682, on page 61042, in the NRC underfunded single-employer plan also
response to Petitioners comment 1.a., SUMMARY: The Pension Benefit Guaranty
Corporation (PBGC) intends to request pays a variable-rate premium based on
the entire response is corrected to read the value of the plan’s unfunded vested
as follows: ‘‘The NRC disagrees with that the Office of Management and
Budget (OMB) extend for three years its benefits.
this comment. The NRC is aware of the Pursuant to section 4007, PBGC has
possible sale of VY to NorthStar, and approval under the Paperwork
issued its regulation on Payment of
that the sale may result in changes to Reduction Act of the collection of
Premiums (29 CFR part 4007). Under
information under PBGC’s regulation on
the plan, schedule, and cost estimate for § 4007.3 of the premium payment
Payment of Premiums (OMB control
decommissioning. The sale transaction regulation, the plan administrator of
number 1212–0009; expires March 31,
is still pending regulatory review and each pension plan covered by Title IV
2018) without modification. This notice
approval by both the Vermont Public of ERISA is required to file a premium
informs the public of PBGC’s intent and
Service Board and the NRC. Pursuant to payment and information prescribed by
solicits public comment on the
10 CFR 50.80, the VY license may not PBGC for each premium payment year.
collection of information.
be transferred, either voluntarily or Premium information is filed
DATES: Comments must be submitted by electronically using ‘‘My Plan
involuntarily, directly or indirectly, March 26, 2018.
through transfer of control of the license Administration Account’’ (‘‘My PAA’’)
ADDRESSES: Comments may be through PBGC’s website. Under
to any person, unless the NRC gives its
submitted by any of the following § 4007.10 of the premium payment
consent in writing. In light of the
methods: regulation, plan administrators are
pendency of the license transfer request,
• Federal eRulemaking Portal: http:// required to retain records about
it would be inappropriate for the agency www.regulations.gov. Follow the premiums and information submitted in
to prejudge the outcome of this review. website instructions for submitting premium filings.
However, pursuant to 10 CFR comments. Premium filings report (i) the flat-rate
51.22(c)(21), the agency has determined • Email: paperwork.comments@ premium and related data (all plans), (ii)
that, as a generic matter, there are no pbgc.gov. the variable-rate premium and related
significant environmental impacts • Mail or Hand Delivery: Regulatory data (single-employer plans), and (iii)
associated with the transfer of the Affairs Division, Office of the General additional data such as identifying
license. While the petitioners have Counsel, Pension Benefit Guaranty information and miscellaneous plan-
challenged the applicability of the Corporation, 1200 K Street NW, related or filing-related data (all plans).
categorical exclusion in these Washington, DC 20005–4026. PBGC needs this information to identify
circumstances, the agency believes that, Comments received will be posted to the plans for which premiums are paid,
for purposes of this EA, it is appropriate www.pbgc.gov. to verify whether the amounts paid are
to rely on the existing analysis and to Copies of the collection of correct, to help PBGC determine the
leave future arguments concerning its information and comments may be magnitude of its exposure in the event
applicability to the ongoing obtained without charge by writing to of plan termination, to help track the
adjudicatory process. Furthermore, the Disclosure Division, Office of the creation of new plans and transfer of
pursuant to 10 CFR 50.33(k), the license General Counsel, Pension Benefit participants and plan assets and
transfer request is required to state Guaranty Corporation, 1200 K Street liabilities among plans, and to keep
information in the form of a report NW, Washington, DC 20005–4026; PBGC’s insured-plan inventory up to
indicating how reasonable assurance faxing a request to 202–326–4042; or date. That information and the retained
daltland on DSKBBV9HB2PROD with NOTICES
will be provided that funds will be calling 202–326–4040 during normal records are also needed for audit
available to decommission the facility.’’ business hours. (TTY/ASCII users may purposes.
call the Federal relay service toll-free at The collection of information under
Dated at Rockville, Maryland, this 19th day 1–800–877–8339 and ask to be the regulation has been approved
of January. connected to 202–326–4040.) The through March 31, 2018, by OMB under
premium payment regulation and the control number 1212–0009. PBGC
premium instructions (including intends to request that OMB approve the
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![3370 Federal Register / Vol. 83, No. 16 / Wednesday, January 24, 2018 / Notices
revised collection of information for Bureau (NBIB), Office of Personnel The INV 40, 41, 42, 43, and 44 are
three years without change. An agency Management (OPM) proposes to request used to conduct the ‘‘written inquiries’’
may not conduct or sponsor, and a the Office of Management and Budget portion of the investigation, to include
person is not required to respond to, a (OMB) to reinstate a previously- investigations for suitability or fitness
collection of information unless it approved information collection, for Civil Service, nonappropriated fund,
displays a currently valid OMB control General Request for Investigative or contract employment pursuant to
number. Information (INV 40), Investigative standards issued under Civil Service
PBGC estimates that it will receive Request for Employment Data and Rule V, E.O. 13488, as amended, E.O.
23,700 premium filings per year from Supervisor Information (INV 41), 13764, and 5 CFR part 731;
23,700 plan administrators under this Investigative Request for Personal investigations for employment in a
collection of information. PBGC further Information (INV 42), Investigative sensitive national security position or
estimates that the annual burden of this Request for Educational Registrar and for eligibility for access to classified
collection of information is 10,439 Dean of Students Record Data (INV 43), information pursuant to standards
hours and $16,392,500. and Investigative Request for Law issued under E.O. 12968, as amended,
PBGC is soliciting public comments Enforcement Data (INV 44). E.O. 13764, and 5 CFR part 1400; and
to— DATES: Comments are encouraged and investigations for identity credentials
• Evaluate whether the proposed will be accepted until March 26, 2018. for long-term physical and logical access
collection of information is necessary This process is conducted in accordance to Federally-controlled facilities and
for the proper performance of the with 5 CFR 1320.8(d)(1). information systems, pursuant to
functions of the agency, including standards issued under E.O. 13764. The
ADDRESSES: Interested persons are
whether the information will have INV forms 40 and 44, in particular,
invited to submit written comments on
practical utility; facilitate OPM’s access to criminal
• evaluate the accuracy of the the proposed information collection to
history record information under 5
agency’s estimate of the burden of the the National Background Investigations
U.S.C. 9101.
proposed collection of information, Bureau, U.S. Office of Personnel The content of the INV forms is also
including the validity of the Management, 1900 E Street NW, designed to meet notice requirements
methodologies and assumptions used; Washington, DC 20415, Attention: for personnel investigations specified by
• enhance the quality, utility, and Donna McLeod or sent by email to 5 CFR 736.102(c). These notice
clarity of the information to be FISFormsComments@opm.gov. requirements apply to any
collected; and FOR FURTHER INFORMATION CONTACT: ‘‘investigation . . . to determine the
• minimize the burden of the A copy of this ICR, with applicable suitability, eligibility, or qualifications
collection of information on those who supporting documentation, may be of individuals for Federal employment,
are to respond, including through the obtained by contacting the National for work on Federal contracts, or for
use of appropriate automated, Background Investigations Bureau, U.S. access to classified information or
electronic, mechanical, or other Office of Personnel Management, 1900 E restricted areas.’’
technological collection techniques or Street NW, Washington, DC 20415, None of the forms are used for any
other forms of information technology. Attention: Donna McLeod; or sent by purpose other than a personnel
email to FISFormsComments@opm.gov background investigation, as described
Stephanie Cibinic, or phone at 202–606–2139. above. The completed forms are
Deputy Assistant General Counsel for maintained by OPM subject to the
SUPPLEMENTARY INFORMATION: OPM is
Regulatory Affairs, Pension Benefit Guaranty
Corporation.
soliciting comments for this collection protections of the Privacy Act of 1974,
as required by the Paperwork Reduction as amended.
[FR Doc. 2018–01265 Filed 1–23–18; 8:45 am]
Act of 1995, 44 U.S.C. 3506(c)(2). The Procedurally, the subject of a
BILLING CODE 7709–02–P personnel background investigation
Office of Management and Budget is
particularly interested in comments discloses the identity of relevant
that: sources, such as supervisors, coworkers,
OFFICE OF PERSONNEL 1. Evaluate whether the proposed neighbors, friends, current or former
MANAGEMENT collection of information is necessary spouses, instructors, relatives, or
for the proper performance of the schools attended, on the standard form
Reinstatement of a Previously (SF) 85, Questionnaire for Non-Sensitive
functions of the agency, including
Approved Information Collection: Positions; the SF 85P, Questionnaire for
whether the information will have
General Request for Investigative Public Trust Positions; or the SF 86,
practical utility;
Information (INV 40), Investigative 2. Evaluate the accuracy of the Questionnaire for National Security
Request for Employment Data and agency’s estimate of the burden of the Positions. The INV forms are distributed
Supervisor Information (INV 41), proposed collection of information, to the provided source contacts
Investigative Request for Personal including the validity of the identified on the standard form
Information (INV 42), Investigative methodology and assumptions used; questionnaire through an automated
Request for Educational Registrar and 3. Enhance the quality, utility, and mailing operation.
Dean of Students Record Data (INV 43), clarity of the information to be The INV 40 is used to collect records
and Investigative Request for Law collected; and from a Federal or State record repository
Enforcement Data (INV 44) 4. Minimize the burden of the or a credit bureau. The INV 44 is used
AGENCY: Office of Personnel collection of information on those who to collect law enforcement data from a
daltland on DSKBBV9HB2PROD with NOTICES
Management. are to respond, including through the criminal justice agency. The INV 41, 42,
ACTION: 60-Day notice and request for use of appropriate automated, and 43 are sent to employment
comments. electronic, mechanical, or other references, associates, and educational
technological collection techniques or institutions. The forms disclose that the
SUMMARY: In accordance with the other forms of information technology, source’s contact information was
Paperwork Reduction Act of 1995, the e.g., permitting electronic submissions provided by the subject to assist in
National Background Investigations of responses. completing a background investigation
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Document Created: 2018-10-26 10:00:05
Document Modified: 2018-10-26 10:00:05
| 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 OMB approval of collection of information. | |
| Dates | Comments must be submitted by March 26, 2018. | |
| 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/ASCII 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 Citation | 83 FR 3369 |
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