[Federal Register Volume 65, Number 187 (Tuesday, September 26, 2000)]
[Notices]
[Pages 57845-57846]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-24659]


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DEPARTMENT OF LABOR

Office of the Secretary


Submission for OMB Review; Comment Request

September 19, 2000.
    The Department of Labor (DOL) has submitted the following public 
information collection request (ICR) to the Office of Management and 
Budget (OMB) for review and approval in accordance with the Paperwork 
Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. Chapter 35). A copy of 
each individual ICR, with applicable supporting documentation, may be 
obtained by calling the Department of Labor. To obtain documentation 
for BLS, ETA, PWBA, and OASAM contact Karin Kurz ({202} 693-4127 or by 
E-mail to <a href="/cdn-cgi/l/email-protection#642f11161e492f05160d0a24000b084a030b12"><span class="__cf_email__" data-cfemail="145f61666e395f75667d7a54707b783a737b62">[email protected]</span></a>). To obtain documentation for ESA, MSHA, 
OSHA, and VETS contact Darrin King ({202} 693-4129 or by E-Mail to 
<a href="/cdn-cgi/l/email-protection#32795b5c551f765340405b5c72565d5e1c555d44"><span class="__cf_email__" data-cfemail="195270777e345d786b6b7077597d7675377e766f">[email protected]</span></a>).
    Comments should be sent to Office of Information and Regulatory 
Affairs, Attn: OMB Desk Officer for BLS, DM, ESA, ETA, MSHA, OSHA, 
PWBA, or VETS, Office of Management and Budget, Room 10235, Washington, 
DC 20503 ({202} 395-7316), within 30 days from the date of this 
publication in the Federal Register.
    The OMB is particularly interested in comments which:
    <bullet> 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;
    <bullet> Evaluate the accuracy of the agency's estimate of the 
burden of the proposed collection of information, including the 
validity of the methodology and assumptions used;
    <bullet> Enhance the quality, utility, and clarity of the 
information to be collected; and
    <bullet> 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.

    Type of Review: Extension of a currently approved collection.
    Agency: Pension and Welfare Benefits Administration.
    Title: Voluntary Fiduciary Correction Program.
    OMB Number: 1210-0118.
    Affected Public: Individuals or households; Business or other for-
profit; Not-for-profit institutions.
    Frequency of Response: On occasion.
    Total Respondents: 700.
    Total Responses: 700.
    Total Estimated Burden Hours: 5,600.
    Total Annualized Capital/Startup Costs: $0.
    Total Annual Cost (Operating and Maintenance): $294,000.
    Description: On March 15, 2000, PWBA published a notice concerning 
its adoption of a Voluntary Fiduciary Correction Program (65 FR 14164),

[[Page 57846]]

which allows certain persons to correct possible fiduciary breaches of 
Part 4 of Title I of ERISA, and to avoid potential civil actions 
initiated by the Department of Labor under the Employee Retirement 
Income Security Act of 1974 (ERISA), and the assessment of civil 
penalties under section 502(1) of ERISA. Although written comments on 
the VFC Program were accepted through May 15, 2000, the Department 
submitted the information collection request (ICR) included in the VFC 
Program to OMB under emergency provisions of the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501 et seq.) and 5 CFR 1320 and requested 
approval by April 14, 2000. OMB approved the ICR under control number 
OMB 1210-0118, on April 14, 2000. The approval will expire on September 
30, 2000. The information collection provisions of the VFC Program 
generally require that documentation of the correction of a fiduciary 
breach be supplied to the Department. The ICR has now been submitted to 
OMB for an extension of this approval.

Ira L. Mills,
Departmental Clearance Officer.
[FR Doc. 00-24659 Filed 9-25-00; 8:45 am]
BILLING CODE 4510-29-M


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