83 FR 62629 - Proposed Submission of Information Collection for OMB Review; Comment Request; Request for Coverage Determination

PENSION BENEFIT GUARANTY CORPORATION

Federal Register Volume 83, Issue 233 (December 4, 2018)

Page Range		62629-62630
FR Document		2018-26278

The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) approve, under the Paperwork Reduction Act, a collection of information necessary for PBGC to determine whether a plan is covered under title IV of the Employee Retirement Security Income Act of 1974. This notice informs the public of PBGC's intent and solicits public comment on the collection of information.

Federal Register, Volume 83 Issue 233 (Tuesday, December 4, 2018)

[Federal Register Volume 83, Number 233 (Tuesday, December 4, 2018)]
[Notices]
[Pages 62629-62630]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-26278]


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PENSION BENEFIT GUARANTY CORPORATION


Proposed Submission of Information Collection for OMB Review; 
Comment Request; Request for Coverage Determination

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of intent to request OMB approval of information 
collection.

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SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) intends to 
request that the Office of Management and Budget (OMB) approve, under 
the Paperwork Reduction Act, a collection of information necessary for 
PBGC to determine whether a plan is covered under title IV of the 
Employee Retirement Security Income Act of 1974. This notice informs 
the public of PBGC's intent and solicits public comment on the 
collection of information.

DATES: Comments must be submitted on or before February 4, 2019.

ADDRESSES: Comments may be submitted by any of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the online instructions for submitting comments.
     Email: [email protected].
     Mail or Hand Delivery: Regulatory Affairs Division, Office 
of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K 
Street NW, Washington, DC 20005-4026.
    All submissions received must include the agency's name (Pension 
Benefit Guaranty Corporation, or PBGC) and refer to the Coverage 
Determination Request Form. All comments received will be posted 
without change to PBGC's website, http://www.pbgc.gov, including any 
personal information provided.
    Copies of the collection of information may also be obtained by 
writing to Disclosure Division, Office of the General Counsel, Pension 
Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005-
4026, or calling 202-326-4040 during normal business hours. TTY users 
may call the Federal relay service toll-free at 800-877-8339 and ask to 
be connected to 202-326-4040. PBGC's laws and procedures for coverage 
determinations may be accessed on PBGC's website at http://www.pbgc.gov.

FOR FURTHER INFORMATION CONTACT: Melissa Rifkin 
([email protected]), Attorney, Regulatory Affairs Division, 
Office of the General Counsel, Pension Benefit Guaranty Corporation, 
1200 K Street NW, Washington, DC 20005-4026; 202-326-4400, extension 
6563. (TTY users may call the Federal relay service toll-free at 800-
877-8339 and ask to be connected to 202-326-4400, extension 6563.)

SUPPLEMENTARY INFORMATION: PBGC insures defined benefit pension plans 
covered under title IV of the Employee Retirement Income Security Act 
of 1974 (ERISA). Covered plans are those described in section 4021(a) 
of ERISA but not those described in section 4021(b)(1)-(13). If a 
question arises about whether a plan is covered under title IV, PBGC 
may make a coverage determination.
    The proposed form and instructions would be used by a plan sponsor 
or plan administrator to request a coverage determination and would be 
suitable for all types of requests. The proposed form would highlight 
the four plan types for which coverage determinations are most 
frequently requested: (1) Church plans as listed in section 4021(b)(3) 
of ERISA; (2) plans that are established and maintained exclusively for 
the benefit of plan sponsors' substantial owners as listed in section 
4021(b)(9); (3) plans covering, since September 2, 1974, no more than 
25 active participants that are established and maintained by 
professional services employers as listed in section 4021(b)(13); and 
(4) Puerto Rico-based plans within the meaning of section 1022(i)(1) of 
ERISA.
    PBGC needs this information collection to determine whether a plan 
is covered or not covered under title IV. Information provided to PBGC 
would be confidential to the extent provided in the Freedom of 
Information Act and the Privacy Act.
    PBGC estimates that 425 forms would be submitted each year. PBGC 
estimates that each form would require approximately 20 hours to 
complete by a combination of plan office staff (50%) and outside 
professionals (attorneys and actuaries) (50%). PBGC estimates an annual 
hour burden of 4,250 hours (based on plan office time). The estimated 
dollar equivalent of this hour burden, based on an assumed hourly rate 
of $75 for administrative, clerical, and supervisory time is $318,750. 
PBGC estimates an annual cost burden of $1,487,500 (based on 4,250 
professional hours assuming an average hourly rate of $350).
    PBGC intends to request that OMB approve PBGC's use of this form 
for three years. 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 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

[[Page 62630]]

     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 submission of responses.

    Issued in Washington, DC.
Hilary Duke,
Assistant General Counsel for Regulatory Affairs, Pension Benefit 
Guaranty Corporation.
[FR Doc. 2018-26278 Filed 12-3-18; 8:45 am]
 BILLING CODE 7709-02-P

62630 Federal Register / Vol. 83, No. 233 / Tuesday, December 4, 2018 / Notices

• Minimize the burden of the 20415, Attention: Cyrus S. Benson, or OFFICE OF PERSONNEL
collection of information on those who sent via electronic mail to MANAGEMENT
are to respond, including through the Cyrus.Benson@opm.gov or faxed to
use of appropriate automated, (202) 606–0910. Submission for Review: Health
electronic, mechanical, or other Benefits Election Form, SF 2809
SUPPLEMENTARY INFORMATION: As
technological collection techniques or required by the Paperwork Reduction
other forms of information technology, AGENCY: Office of Personnel
Act of 1995 (Pub. L. 104–13, 44 U.S.C. Management.
e.g. permitting electronic submission of chapter 35) as amended by the Clinger-
responses. ACTION: 60-Day notice and request for
Cohen Act (Pub. L. 104–106), OPM is
comments.
Issued in Washington, DC. soliciting comments for this collection
Hilary Duke, (OMB No. 3206–0212). The Office of SUMMARY: The Retirement Services,
Assistant General Counsel for Regulatory Management and Budget is particularly Office of Personnel Management (OPM)
Affairs, Pension Benefit Guaranty interested in comments that: offers the general public and other
Corporation. 1. Evaluate whether the proposed Federal agencies the opportunity to
[FR Doc. 2018–26278 Filed 12–3–18; 8:45 am] collection of information is necessary comment on a revised information
BILLING CODE 7709–02–P for the proper performance of functions collection request (ICR), Health Benefits
of the agency, including whether the Election, SF 2809.
information will have practical utility; DATES: Comments are encouraged and
OFFICE OF PERSONNEL 2. Evaluate the accuracy of the will be accepted until February 4, 2019.
MANAGEMENT agency’s estimate of the burden of the
ADDRESSES: You may submit comments,
proposed collection of information,
Submission for Review: Rollover identified by docket number and title,
including the validity of the
Election (RI 38–117), Rollover by the following method:
methodology and assumptions used;
Information (RI 38–118), and Special • Federal Rulemaking Portal: http://
3. Enhance the quality, utility, and www.regulations.gov. Follow the
Tax Notice Regarding Rollovers (RI 37–
clarity of the information to be instructions for submitting comments.
22), 3206–0212
collected; and All submissions received must
AGENCY: Office of Personnel 4. Minimize the burden of the include the agency name and docket
Management. collection of information on those who number for this document. The general
ACTION: 60-day notice and request for are to respond, including through the policy for comments and other
comments. use of appropriate automated, submissions from members of the public
electronic, mechanical, or other is to make these submissions available
SUMMARY: The Retirement Services, technological collection techniques or
Office of Personnel Management (OPM) for public viewing at http://
other forms of information technology, www.regulations.gov as they are
offers the general public and other e.g., permitting electronic submissions
Federal agencies the opportunity to received without change, including any
of responses. personal identifiers or contact
comment on a revised information
RI 38–117, Rollover Election, is used information.
collection request (ICR), Rollover
to collect information from each payee
Election (RI 38–117), Rollover FOR FURTHER INFORMATION CONTACT: A
affected by a change in the tax code so
Information (RI 38–118), and Special copy of this ICR with applicable
that OPM can make payment in
Tax Notice Regarding Rollovers (RI 37– supporting documentation, may be
accordance with the wishes of the
22). obtained by contacting the Retirement
payee. RI 38–118, Rollover Information,
DATES: Comments are encouraged and Services Publications Team, Office of
explains the election. RI 37–22, Special
will be accepted until February 4, 2019. Personnel Management, 1900 E Street
Tax Notice Regarding Rollovers,
ADDRESSES: You may submit comments, NW, Room 3316–L, Washington, DC
provides more detailed information.
identified by docket number and title, 20415, Attention: Cyrus S. Benson, or
by the following method: Analysis sent by email to Cyrus.Benson@opm.gov
• Federal Rulemaking Portal: http:// Agency: Retirement Operations,
or faxed to (202) 606–0910.
www.regulations.gov. Follow the Retirement Services, Office of Personnel SUPPLEMENTARY INFORMATION:
instructions for submitting comments. Management. As required by the Paperwork
All submissions received must Reduction Act of 1995 (Pub. L. 104–13,
include the agency name and docket Title: Rollover Election, Rollover
Information, and Special Tax Notice 44 U.S.C. chapter 35) as amended by the
number for this document. The general Clinger-Cohen Act (Pub. L. 104–106),
policy for comments and other Regarding Rollover.
OPM is soliciting comments for this
submissions from members of the public OMB Number: 3206–0212. collection (OMB No. 3206–0160). The
is to make these submissions available Frequency: On occasion. Office of Management and Budget is
for public viewing at http:// Affected Public: Individuals or particularly interested in comments
www.regulations.gov as they are Households. that:
received without change, including any Number of Respondents: 1,500. 1. Evaluate whether the proposed
personal identifiers or contact collection of information is necessary
Estimated Time per Respondent: 40
information. for the proper performance of functions
minutes.
FOR FURTHER INFORMATION CONTACT: A Total Burden Hours: 1,000. of the agency, including whether the
copy of this ICR with applicable information will have practical utility;
supporting documentation, may be Office of Personnel Management. 2. Evaluate the accuracy of the
obtained by contacting the Retirement Alexys Stanley, agency’s estimate of the burden of the
Services Publications Team, Office of Regulatory Affairs Analyst. proposed collection of information,
Personnel Management, 1900 E Street [FR Doc. 2018–26262 Filed 12–3–18; 8:45 am] including the validity of the
NW, Room 3316–L, Washington, DC BILLING CODE 6325–38–P methodology and assumptions used;

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Document Created: 2018-12-04 00:42:41
Document Modified: 2018-12-04 00:42:41

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 OMB approval of information collection.
Dates		Comments must be submitted on or before February 4, 2019.
Contact		Melissa Rifkin ([email protected]), Attorney, Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington, DC 20005-4026; 202-326-4400, extension 6563. (TTY users may call the Federal relay service toll-free at 800- 877-8339 and ask to be connected to 202-326-4400, extension 6563.)
FR Citation		83 FR 62629