[Federal Register Volume 89, Number 204 (Tuesday, October 22, 2024)]
[Notices]
[Page 84402]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-24467]


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PENSION BENEFIT GUARANTY CORPORATION


Submission of Information Collection for OMB Review; Comment 
Request; Partitions of Eligible Multiemployer Plans

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of request for extension of OMB approval of information 
collection.

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SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is requesting 
that the Office of Management and Budget (OMB) extend approval, under 
the Paperwork Reduction Act, of a collection of information contained 
in its regulation on Partitions of Eligible Multiemployer Plans. This 
notice informs the public of PBGC's request and solicits public comment 
on the collection of information.

DATES: Comments must be submitted on or before November 21, 2024.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
    All comments received will be posted without change to PBGC's 
website, www.pbgc.gov, including any personal information provided. Do 
not submit comments that include any personally identifiable 
information or confidential business information.
    A copy of the request will be posted on PBGC's website at https://www.pbgc.gov/prac/laws-and-regulation/federal-register-notices-open-for-comment. It may also be obtained without charge by writing to the 
Disclosure Division (<a href="/cdn-cgi/l/email-protection#03676a70606f6c7076716643736164602d646c75"><span class="__cf_email__" data-cfemail="fa9e9389999695898f889fba8a989d99d49d958c">[email protected]</span></a>), Office of the General 
Counsel, Pension Benefit Guaranty Corporation, 445 12th Street SW, 
Washington, DC 20024-2101; or, calling 202-229-4040 during normal 
business hours. If you are deaf or hard of hearing, or have a speech 
disability, please dial 7-1-1 to access telecommunications relay 
services.

FOR FURTHER INFORMATION CONTACT: Monica O'Donnell 
(<a href="/cdn-cgi/l/email-protection#fa959e9594949f9696d497959493999bba8a989d99d49d958c"><span class="__cf_email__" data-cfemail="4e212a2120202b222260232120272d2f0e3e2c292d60292138">[email protected]</span></a>), Attorney, Regulatory Affairs Division, 
Office of the General Counsel, Pension Benefit Guaranty Corporation, 
445 12th Street SW, Washington, DC 20024-2101, 202-229-8706. If you are 
deaf or hard of hearing, or have a speech disability, please dial 7-1-1 
to access telecommunications relay services.

SUPPLEMENTARY INFORMATION: Sections 4233(a) and (b) of the Employee 
Retirement Income Security Act of 1974 (ERISA) allow a plan sponsor of 
a multiemployer plan to apply to PBGC for a partition of the plan and 
state the criteria that PBGC uses to determine a plan's eligibility for 
a partition.
    PBGC's regulation on Partitions of Eligible Multiemployer Plans (29 
CFR part 4233) sets forth the procedures for applying for a partition, 
the information required to be included in a partition application, and 
notices to interested parties of the application.
    PBGC needs the information to determine whether a plan is eligible 
for partition and whether a proposed partition would comply with the 
statutory conditions required before PBGC may order a partition.
    The collection of information under the regulation has been 
approved by OMB control number 1212-0068 (expires January 31, 2025). On 
July 22, 2024, PBGC published in the Federal Register (at 89 FR 59173) 
a notice informing the public of its intent to request an extension of 
this collection of information. No comments were received. PBGC is 
requesting that OMB extend approval of the collection 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 each year there will be one application for a 
partition submitted by a plan sponsor under this regulation. The total 
estimated annual burden of the collection of information is 13 hours 
and $45,600.

    Issued in Washington, DC.
Hilary Duke,
Assistant General Counsel for Regulatory Affairs, Pension Benefit 
Guaranty Corporation.
[FR Doc. 2024-24467 Filed 10-21-24; 8:45 am]
BILLING CODE 7709-02-P


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