Federal Register / Vol. 65, No. 216 / Tuesday, November 7, 2000 / Notices 66785

1Form X–17a–5 [17 CFR 249.617].

2Based upon an average of 4 responses per year

and an average of 20 hours spent preparing each

response.

3Or, 1,800 hours annually for 10 OTC derivatives

dealers to comply.

4Per Securities Industry Association (SIA)

Management and Professional Earnings. Table 011

(Financial Reporting Manager) + 35% overhead

(based on end-of-year 1998 figures).

5SIA Management and Professional Earnings,

Table 051 (Compliance Manager + 35% overhead

(based on end-of-year 1998 figures).

6SIA Management and Professional Earnings,

Table 003 (Senior Accountant) + 35% overhead

(based on end-of-year 1998 figures).

Dated at Rockville, MD, this 1st day of

November 2000.

For the Nuclear Regulatory Commission.

Lawrence E. Kokajko,

Section Chief, Risk Task Group, Office of

Nuclear Material Safety and Safeguards.

[FR Doc. 00–28415 Filed 11–6–00; 8:45 am]

BILLING CODE 7590–01–P

RAILROAD RETIREMENT BOARD

Proposed Collection; Comment

Request

SUMMARY: In accordance with the

requirement of Section 3506(c)(2)(A) of

the Paperwork Reduction Act of 1995

which provides opportunity for public

comment on new or revised data

collections, the Railroad Retirement

Board (RRB) will publish periodic

summaries of proposed data collections.

Comments Are Invited on: (a)

Whether the proposed information

collection is necessary for the proper

performance of the functions of the

agency, including whether the

information has practical utility; (b) the

accuracy of the RRB’s estimate of the

burden of the collection of the

information; (c) ways to enhance the

quality, utility, and clarify of the

information to be collected; and (d)

ways to minimize the burden related to

the collection of information on

respondents, including the use of

automated collection techniques or

other forms of information technology.

Title and Purpose of Information

Collection:

Public Service Pension Questionnaire;

OMB 3220–0136.

Public Law 95–216 amended the

Social Security Act of 1977 by

providing, in part, that spouse or

survivor benefits may be reduced when

the beneficiary is in receipt of a pension

based on employment with a Federal,

State, or local government unit. Initially,

the reduction was equal to the full

amount of the government pension.

Public Law 98–21, changed the

reduction to two-thirds of the amount of

the government pension. Sections

4(a)(1) and 4(f)(1) of the Railroad

Retirement Act (RRA) provides that an

spouse or survivor annuity should be

equal in amount to what the annuitant

would receive if entitled to a like benefit

from the Social Security

Administration. Therefore, the public

service pension (PSP) reduction

provision applies to RRA annuities.

Regulations pertaining to the

collection of evidence relating to public

service pensions or worker’s

compensation paid to spouse or

survivor applicants or annuitants are

found in 20 CFR 219.64c. The RRB

utilizes Form G–208, Public Service

Pension Questionnaire, and Form G–

212, Public Service Monitoring

Questionnaire, to obtain information

used to determined whether an annuity

reduction is in order. Completion is

voluntary. However, failure to complete

the forms could result in the

nonpayment of benefits. One response is

requested of each respondent.

The RRB proposes to revise Form G–

208 to request additional information

regarding service time worked under the

Federal Employee Retirement System

(FERS). Additional nonburden

impacting, editorial and reformatting

changes, which include enhanced

instructions intended to make the form

easier to complete, are also proposed.

The RRB also proposes minor non

burden impacting editorial changes to

Form G–212. The completion time for

the G–208 is estimated at 15 minutes.

The completion time for the G–212 is

estimated at 3 minutes. The RRB

estimates that approximately 1,700

Form G–208’s and 1,000 Form G–212’s

are completed annually.

Additional Information or Comments:

To request more information or to

obtain a copy of the information

collection justification, forms, and/or

supporting material, please call the RRB

Clearance Officer at (212) 751–3363.

Comments regarding the information

collection should be addressed to

Ronald J. Hodapp, Railroad Retirement

Board, 844 North Rush Street, Chicago,

Illinois 60611–2092. Written comments

should be received within 60 days of

this notice.

Chuck Mierzwa,

Clearance Officer.

[FR Doc. 00–28456 Filed 11–6–00; 8:45 am]

BILLING CODE 7905–01–M

SECURITIES AND EXCHANGE

COMMISSION

Proposed Collection; Comment

Request

Upon Written Request, Copies Available

From: Securities and Exchange

Commission, Office of Filings and

Information Services, Washington, DC

20549.

Extension:

Rule 17a–2; SEC File No. 270–442; OMB

Control No. 3235–0498.

Notice is hereby given that pursuant

to the Paperwork Reduction Act of 1995

(44 U.S.C. 3501 et seq.), the Securities

and Exchange Commission

(‘‘Commission’’) is soliciting comments

on the collection of information

summarized below. The Commission

plans to submit this existing collection

of information to the Office of

Management and Budget for extension

and approval.

Rule 17a–12 under the Securities

Exchange Act of 1934 is the reporting

rule tailored specifically for OTC

derivatives dealers, and Form X–17A–

5IIB, the Financial and Operational

Combined Uniform Single Report, is the

basic document for reporting the

financial and operational condition of

OTC derivatives dealers.

At this point there is only one

registered OTC derivatives dealer,

however it is anticipated to affect

approximately six (and possibly up to

ten) OTC derivatives dealers within the

next three years, Rule 17a–12 requires

OTC derivatives dealers to file quarterly

Financial and Operational Combined

Uniform Single Reports (FOCUS)—Form

X–17A–5IIB.1 Rule 17a–12 also requires

that OTC derivatives dealers file audited

financial statements annually. The staff

estimates that the average amount of

time necessary to prepare and file the

information required by the proposed

rule is eighty hours per OTC derivatives

dealer 2 with each spending an

additional one hundred hours on the

annual audit for a total of 180 hours per

OTC derivatives dealer annually. Thus

the staff estimates that the total number

of hours necessary for six OTC

derivatives dealers to comply with the

requirements of Rule 17a–12 on an

annual basis is 1,080 hours.3

The staff believes that financial

reporting specialists will prepare the

FOCUS IIB Report and supporting

Schedules, compliance personnel may

review the reports to assure compliance

with applicable rules, and accountants

will prepare the audited annual reports.

The staff estimates that the hourly salary

of a financial reporting specialist is

$72.40 per hour,4 the hourly salary of a

compliance manager is $82.50 per

hour,5 and the hourly salary of a

compliance manager is $51.60 per

hour.6 Based upon these numbers, the