83 FR 3781 - Agency Forms Submitted for OMB Review, Request for Comments
RAILROAD RETIREMENT BOARD Federal Register Volume 83, Issue 18 (January 26, 2018)
Federal Register Volume 83, Issue 18 (January 26, 2018)
| Page Range | 3781-3782 | |
| FR Document | 2018-01383 |
[Federal Register Volume 83, Number 18 (Friday, January 26, 2018)] [Notices] [Pages 3781-3782] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-01383] ----------------------------------------------------------------------- RAILROAD RETIREMENT BOARD Agency Forms Submitted for OMB Review, Request for Comments Summary: In accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Railroad Retirement Board (RRB) is forwarding an Information Collection Request (ICR) to the Office of Information and Regulatory Affairs (OIRA), Office of Management and Budget (OMB). Our ICR describes the information we seek to collect from the public. Review and approval by OIRA ensures that we impose appropriate paperwork burdens. The RRB invites comments on the proposed collection of information to determine (1) the practical utility of the collection; (2) the accuracy of the estimated burden of the collection; (3) ways to enhance the quality, utility, and clarity of the information that is the subject of collection; and (4) ways to minimize the burden of collections on respondents, including the use of automated collection techniques or other forms of information technology. Comments to the RRB or OIRA must contain the OMB control number of the ICR. For proper consideration of your comments, it is best if the RRB and OIRA receive them within 30 days of the publication date. Title and purpose of information collection: Student Beneficiary Monitoring; OMB 3220-0123. Under provisions of the Railroad Retirement Act (RRA), there are two types of benefit payments that are based on the status of a child being in full-time elementary or secondary school attendance at age 18-19: (1) A survivor child's annuity benefit under Section 2(d)(1)(iii) and (2) an increase in the employee retirement annuity under the Special Guaranty computation as prescribed in section 3(f)(2) and 20 CFR 229. The survivor student annuity is usually paid by direct deposit to a financial institution either into the student's checking or savings account or into a joint bank account with a parent. The requirements for eligibility as a student are prescribed in 20 CFR 216.74, and include students in independent study and home schooling. To help determine if a child is entitled to student benefits, the RRB requires evidence of full-time school attendance. This evidence is acquired through the RRB's student monitoring program, which utilizes the following forms. Form G-315, Student Questionnaire, obtains certification of a student's full-time school attendance as well as information on the student's marital status, social security benefits, and employment, which are needed to determine entitlement or continued entitlement to benefits under the RRA. Form G-315A, Statement of School Official, is used to obtain, from a school, verification of a student's full-time attendance when the student fails to return a monitoring Form G-315. Form G-315A.1, School Official's Notice of Cessation of Full- Time School Attendance, is used by a school to notify the RRB that a student has ceased full-time school attendance. Previous Requests for Comments: The RRB has already published the initial 60-day notice (82 FR 55426 on November 21, 2017) required by 44 U.S.C. 3506(c)(2). That request elicited no comments. Information Collection Request (ICR) Title: Student Beneficiary Monitoring. OMB Control Number: 3220-0123. Form(s) submitted: G-315, G-315a, G-315a.1. Type of request: Extension without change of a currently approved collection. Affected public: Individuals or Households. Abstract: Under the Railroad Retirement Act (RRA), a student benefit is not payable if the student ceases full-time school attendance, marries, works in the railroad industry, has excessive earnings or attains the upper age limit under the RRA. The report obtains information to be used to determine if benefits should cease or be reduced. Changes proposed: The RRB proposes no changes to the forms in this collection. The burden estimate for the ICR is as follows: ---------------------------------------------------------------------------------------------------------------- Annual Time Burden Form No. responses (minutes) (hours) ---------------------------------------------------------------------------------------------------------------- G-315........................................................... 860 15 215 G-315a.......................................................... 20 3 1 G-315a.1........................................................ 20 2 1 ----------------------------------------------- Total....................................................... 900 .............. 217 ---------------------------------------------------------------------------------------------------------------- Additional Information or Comments: Copies of the forms and supporting documents can be obtained from Dana Hickman at (312) 751- 4981 or [email protected]. Comments regarding the information collection should be addressed to Brian Foster, Railroad Retirement Board, 844 North Rush Street, Chicago, Illinois, 60611-1275 or [email protected] and to the OMB Desk Officer for the RRB, [[Page 3782]] Fax: 202-395-6974, Email address: [email protected]. Brian D. Foster, Clearance Officer. [FR Doc. 2018-01383 Filed 1-25-18; 8:45 am] BILLING CODE 7905-01-P
![Federal Register / Vol. 83, No. 18 / Friday, January 26, 2018 / Notices 3781
ESTIMATE OF ANNUAL RESPONDENT BURDEN—Continued
Annual Time Burden
Form No. responses (minutes) (hours)
BA–11 (Internet)—Negative ........................................................................................................ 329 15 ................... 82
Total ...................................................................................................................................... 483 ........................ 189
Additional Information or Comments: subject of collection; and (4) ways to and employment, which are needed to
To request more information or to minimize the burden of collections on determine entitlement or continued
obtain a copy of the information respondents, including the use of entitlement to benefits under the RRA.
collection justification, forms, and/or automated collection techniques or Form G–315A, Statement of School
supporting material, contact Dana other forms of information technology. Official, is used to obtain, from a school,
Hickman at (312) 751–4981 or Comments to the RRB or OIRA must verification of a student’s full-time
Dana.Hickman@RRB.GOV. Comments contain the OMB control number of the attendance when the student fails to
regarding the information collection ICR. For proper consideration of your return a monitoring Form G–315. Form
should be addressed to Brian Foster, comments, it is best if the RRB and G–315A.1, School Official’s Notice of
Railroad Retirement Board, 844 North OIRA receive them within 30 days of Cessation of Full-Time School
Rush Street, Chicago, Illinois 60611– the publication date. Attendance, is used by a school to notify
1275 or emailed to Brian.Foster@rrb.gov. Title and purpose of information the RRB that a student has ceased full-
Written comments should be received collection: Student Beneficiary time school attendance.
within 60 days of this notice. Monitoring; OMB 3220–0123. Under Previous Requests for Comments: The
provisions of the Railroad Retirement RRB has already published the initial
Brian D. Foster, Act (RRA), there are two types of benefit 60-day notice (82 FR 55426 on
Clearance Officer. payments that are based on the status of November 21, 2017) required by 44
[FR Doc. 2018–01347 Filed 1–25–18; 8:45 am] a child being in full-time elementary or U.S.C. 3506(c)(2). That request elicited
BILLING CODE 7905–01–P secondary school attendance at age 18– no comments.
19: (1) A survivor child’s annuity
benefit under Section 2(d)(1)(iii) and (2) Information Collection Request (ICR)
RAILROAD RETIREMENT BOARD an increase in the employee retirement Title: Student Beneficiary Monitoring.
annuity under the Special Guaranty OMB Control Number: 3220–0123.
Agency Forms Submitted for OMB computation as prescribed in section
Review, Request for Comments Form(s) submitted: G–315, G–315a,
3(f)(2) and 20 CFR 229. G–315a.1.
The survivor student annuity is
Summary: In accordance with the usually paid by direct deposit to a Type of request: Extension without
Paperwork Reduction Act of 1995 (44 financial institution either into the change of a currently approved
U.S.C. Chapter 35), the Railroad student’s checking or savings account or collection.
Retirement Board (RRB) is forwarding into a joint bank account with a parent. Affected public: Individuals or
an Information Collection Request (ICR) The requirements for eligibility as a Households.
to the Office of Information and student are prescribed in 20 CFR 216.74, Abstract: Under the Railroad
Regulatory Affairs (OIRA), Office of and include students in independent Retirement Act (RRA), a student benefit
Management and Budget (OMB). Our study and home schooling. is not payable if the student ceases full-
ICR describes the information we seek To help determine if a child is time school attendance, marries, works
to collect from the public. Review and entitled to student benefits, the RRB in the railroad industry, has excessive
approval by OIRA ensures that we requires evidence of full-time school earnings or attains the upper age limit
impose appropriate paperwork burdens. attendance. This evidence is acquired under the RRA. The report obtains
The RRB invites comments on the through the RRB’s student monitoring information to be used to determine if
proposed collection of information to program, which utilizes the following benefits should cease or be reduced.
determine (1) the practical utility of the forms. Form G–315, Student Changes proposed: The RRB proposes
collection; (2) the accuracy of the Questionnaire, obtains certification of a no changes to the forms in this
estimated burden of the collection; (3) student’s full-time school attendance as collection.
ways to enhance the quality, utility, and well as information on the student’s The burden estimate for the ICR is as
clarity of the information that is the marital status, social security benefits, follows:
Annual Time Burden
Form No. responses (minutes) (hours)
G–315 .......................................................................................................................................... 860 15 215
G–315a ........................................................................................................................................ 20 3 1
G–315a.1 ..................................................................................................................................... 20 2 1
daltland on DSKBBV9HB2PROD with NOTICES
Total ...................................................................................................................................... 900 ........................ 217
Additional Information or Comments: Hickman at (312) 751–4981 or Foster, Railroad Retirement Board, 844
Copies of the forms and supporting Dana.Hickman@RRB.GOV. North Rush Street, Chicago, Illinois,
documents can be obtained from Dana Comments regarding the information 60611–1275 or Brian.Foster@rrb.gov and
collection should be addressed to Brian to the OMB Desk Officer for the RRB,
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![3782 Federal Register / Vol. 83, No. 18 / Friday, January 26, 2018 / Notices
Fax: 202–395–6974, Email address: SECURITIES AND EXCHANGE summaries, set forth in sections (A), (B),
OIRA_Submission@omb.eop.gov. COMMISSION and (C) below, of the most significant
aspects of these statements.
Brian D. Foster, [Release No. 34–82543; File No. SR–OCC–
Clearance Officer. 2018–003] (A) Clearing Agency’s Statement of the
[FR Doc. 2018–01383 Filed 1–25–18; 8:45 am] Purpose of, and Statutory Basis for, the
Self-Regulatory Organizations; The Proposed Rule Change
BILLING CODE 7905–01–P
Options Clearing Corporation; Notice
of Filing and Immediate Effectiveness (1) Purpose
of Proposed Rule Change To Modify The purpose of this proposed rule
OFFICE OF SCIENCE AND OCC’s Rules Regarding the Exercise change is to amend OCC’s Rules to
TECHNOLOGY POLICY Procedures for Certain Options on permit a futures market that lists certain
Futures options on futures to instruct OCC to:
Performance Review Board
(1) Eliminate a Clearing Member’s
Membership January 19, 2018.
ability to provide contrary instructions
Pursuant to Section 19(b)(1) of the with respect to such futures options,
AGENCY: Office of Science and
Securities Exchange Act of 1934 and (2) permit automatic exercise of
Technology Policy.
(‘‘Act’’),1 and Rule 19b–4 thereunder,2 futures options that are call options and
ACTION: Notice. notice is hereby given that on January that settle at exactly the strike price for
SUMMARY: The Office of Science and 11, 2018, The Options Clearing the option (i.e., an ‘‘at-the-money’’
Technology Policy publishes the names Corporation (‘‘OCC’’) filed with the futures option). These amendments to
of the members selected to serve on its Securities and Exchange Commission
OCC’s Rules would accommodate
SES Performance Review Board (PRB). (‘‘Commission’’) the proposed rule
certain corresponding amendments to
change as described in Items I, II, and
DATES: Membership is applicable on the rules of NFX, for which OCC clears
III below, which Items have been
January 22, 2018. relevant futures option contracts, and
prepared by OCC. OCC filed the
FOR FUTHER INFORMATION CONTACT: Ms. would not apply to any options on
proposed rule change pursuant to
Stacy L. Murphy, Operations Manager, security futures to the extent OCC clears
Section 19(b)(3)(A) 3 of the Act and Rule
Office of Science and Technology such products in the future.6
19b–4(f)(4)(ii) 4 thereunder so that the
Policy, 1650 Pennsylvania Ave. NW, proposal was effective upon filing with Contrary Instructions
Washington, DC 20504. Telephone 202– the Commission. The Commission is NFX has proposed to eliminate the
456–6123. publishing this notice to solicit ability of the holders of certain futures
SUPPLEMENTARY INFORMATION: Section comments on the proposed rule change options contracts to provide ‘‘contrary
4314(c) of Title 5, U.S.C. requires each from interested persons. instructions’’ or ‘‘contrary exercises’’ to
agency to establish, in accordance with I. Clearing Agency’s Statement of the the futures markets with respect to such
regulations prescribed by the Office of Terms of Substance of the Proposed contracts.7 NFX has advised OCC that
Personnel Management, one or more Rule Change the New York Mercantile Exchange, Inc.
PRBs. The purpose of this PRB is to (‘‘NYMEX’’) has already made
review and make recommendations This proposed rule change by OCC
concerns modifications to OCC’s Rules comparable changes to its rules for
concerning proposed performance certain comparable options traded on
appraisals, ratings, bonuses, pay regarding the exercise procedures for
certain options on futures in order to NYMEX based on market feedback.8
adjustments, and other appropriate NFX would like to replicate these
personnel actions for incumbents of the conform to changes proposed by Nasdaq
Futures, Inc. (‘‘NFX’’), a futures market changes for the comparable options
SES positions. The Board shall consist contracts traded on NFX, none of which
of at least three members and more than for which OCC clears such contracts.
The proposed changes to OCC’s Rules are options on security futures.
half of the members shall consist of A contrary instruction allows an
career appointees. The names and titles can be found in Exhibit 5 to the filing.
All terms with initial capitalization that option holder to exercise an ‘‘out-of-the-
of the PRB members are as follows: money’’ option to receive the
Martha M. Gagné, Deputy Associate are not otherwise defined herein have
the same meaning as set forth in the By- underlying futures contract or to
Director, Management and abandon an ‘‘in-the-money’’ option.
Administration, Office of National Drug Laws and Rules.5
Existing OCC Rule 1305 governs the
Council Policy; II. Clearing Agency’s Statement of the exercise procedures for American and
Jon E. Rice, Associate Director, Office Purpose of, and Statutory Basis for, the European-styled options on futures
of Policy, Research, and Budget, Office Proposed Rule Change cleared by OCC that settle into the
of National Drug Council Policy; underlying futures contract.
Barbara A. Menard, Chief, Health, In its filing with the Commission,
OCC included statements concerning Subparagraph (c) of Rule 1305 provides
Education, Veterans and Social
Programs, Office of Management and the purpose of and basis for the
6 Options on security futures currently do not
Budget; proposed rule change and discussed any
trade on the exchange for which OCC clears
Fred L. Ames, Assistant United States comments it received on the proposed security futures. The proposed rule change would
Trade Representative for rule change. The text of these statements not apply to any securities, but rather futures
Administration, United States Trade may be examined at the places specified products (i.e., options on futures that are not
in Item IV below. OCC has prepared security futures) that are subject to the exclusive
Representative.
daltland on DSKBBV9HB2PROD with NOTICES
jurisdiction of the Commodity Futures Trading
Applicability Date: Membership is 1 15
Commission (‘‘CFTC’’). See infra note 16.
U.S.C. 78s(b)(1).
applicable on the date of this notice. 2 17
7 See SR–NFX–2017–56, filed December 15, 2017
CFR 240.19b–4. with the CFTC.
3 15 U.S.C. 78s(b)(3)(A).
Ted Wackler, 8 See NYMEX Submission No. 17–272 filed July
4 17 CFR 240.19b–4(f)(4)(ii).
Deputy Chief of Staff and Assistant Director. 21, 2017 with the CFTC. The filing also amended
5 OCC’s By-Laws and Rules can be found on the rules of the Commodity Exchange, Inc.
[FR Doc. 2018–01331 Filed 1–25–18; 8:45 am] OCC’s public website: http://optionsclearing.com/ (‘‘COMEX’’) to make comparable changes for certain
BILLING CODE 3270–F8–P about/publications/bylaws.jsp. options traded on COMEX.
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Document Created: 2018-10-26 10:06:54
Document Modified: 2018-10-26 10:06:54
| 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 | |
| FR Citation | 83 FR 3781 |
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