Federal Register / Vol. 83, No. 170 / Friday, August 31, 2018 / Notices 44681 

OVERSEAS PRIVATE INVESTMENT 

CORPORATION 

Sunshine Act Meetings 

FEDERAL REGISTER CITATION OF PREVIOUS

ANNOUNCEMENT: 83 FR 40095. 

PREVIOUSLY ANNOUNCED TIME AND DATE OF

THE MEETING: 1 p.m., September 5, 2018. 

CHANGES IN THE MEETING: OPIC’s 

Sunshine Act notice of its Public 

Hearing in Conjunction with each Board 

meeting was published in the Federal 

Register (Volume 83, Number 156, 

Pages 40095–40096) on Monday, August 

13, 2018. No requests were received to 

provide testimony or submit written 

statements for the record; therefore, 

OPIC’s public hearing scheduled for 1 

p.m., September 5, 2018, in conjunction 

with OPIC’s September 13, 2018, Board 

of Directors meeting has been cancelled. 

CONTACT PERSON FOR INFORMATION: 

Information on the hearing cancellation 

may be obtained from Catherine F.I. 

Andrade at (202) 336–8768, or via email 

at Catherine.Andrade@opic.gov. 

Dated: August 29, 2018. 

Catherine F.I. Andrade, 

OPIC Corporate Secretary. 

[FR Doc. 2018–19129 Filed 8–29–18; 4:15 pm] 

BILLING CODE 3210–01–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

Proposed Submission of Information 

Collection for OMB Review; Comment 

Request; Qualified Domestic Relations 

Orders Submitted to PBGC 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Notice of intent to request 

extension of OMB approval. 

SUMMARY: The Pension Benefit Guaranty 

Corporation (PBGC) intends to request 

that the Office of Management and 

Budget extend its approval (with 

modifications), under the Paperwork 

Reduction Act of 1995, of the 

information collection related to PBGC’s 

booklet, Qualified Domestic Relations 

Orders & PBGC. This notice informs the 

public of PBGC’s intent and solicits 

public comment on the collection of 

information. 

DATES: Comments must be submitted by 

October 30, 2018. 

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: 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. 

All submissions received must 

include the agency’s name (Pension 

Benefit Guaranty Corporation, or PBGC) 

and refer to OMB Control No. 1212– 

0054. 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 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. 

FOR FURTHER INFORMATION CONTACT: 

Karen Levin (levin.karen@pbgc.gov), 

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 3559. 

(TTY users may call the Federal relay 

service toll-free at 800–877–8339 and 

ask to be connected to 202–326–4400, 

extension 3559.) 

SUPPLEMENTARY INFORMATION: A defined 

benefit pension plan that does not have 

enough money to pay benefits may be 

terminated if the employer responsible 

for the plan faces severe financial 

difficulty, such as bankruptcy, and is 

unable to maintain the plan. In such an 

event, PBGC becomes trustee of the plan 

and pays benefits, subject to legal limits, 

to plan participants and beneficiaries. 

The benefits of a pension plan 

participant generally may not be 

assigned or alienated. Title I of ERISA 

provides an exception for domestic 

relations orders that relate to child 

support, alimony payments, or marital 

property rights of an alternate payee (a 

spouse, former spouse, child, or other 

dependent of a plan participant). The 

exception applies only if the domestic 

relations order meets specific legal 

requirements that make it a qualified 

domestic relations order (QDRO). 

When PBGC is trustee of a plan, it 

reviews submitted domestic relations 

orders to determine whether the order is 

qualified before paying benefits to an 

alternate payee. The requirements for 

submitting a domestic relations order 

and the contents of such orders are 

established by statute. The models and 

the guidance provided by PBGC assist 

parties by making it easier for them to 

comply with ERISA’s QDRO 

requirements in plans trusteed by PBGC; 

they do not create any additional 

requirements and result in a reduction 

of the statutory burden. 

The Office of Management and 

Budget(OMB) has approved the 

collection of information in PBGC’s 

booklet, Qualified Domestic Relations 

Orders & PBGC under control number 

1212–0054 through December 31, 2018. 

PBGC intends to request that OMB 

extend approval of the collection of 

information with modifications 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 estimates that it will receive 

approximately 630 domestic relations 

orders each year from prospective 

alternate payees and participants. PBGC 

further estimates that the total average 

annual burden of this collection of 

information will be approximately 3,576 

hours and $894,000. 

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, 

e.g., permitting electronic submission of 

responses. 

Stephanie Cibinic, 

Deputy Assistant General Counsel for 

Regulatory Affairs, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2018–19004 Filed 8–30–18; 8:45 am] 

BILLING CODE 7709–02–P 


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