34496 Federal Register / Vol. 63, No. 121 /Wednesday, June 24, 1998 / Notices

5The requirement that the foreign custody

manager determine that the custody contract (or

equivalent rules or practices) will provide

reasonable care for fund assets is intended to ensure

that the foreign custody manager weighs the

adequacy of contractual obligations when it

determines whether the foreign custodian will

maintain the fund’s assets with reasonable care.

6The Commission estimates that these 3,690

portfolios are divided among approximately 1,327

registered funds within approximately 650 fund

complexes that may share the same board of

directors, U.S. bank custodian, investment adviser,

or all of thee entities. The board of directors and

its foreign custody delegates for a fund complex

could therefore meet rule 17f–5’s requirements by

making similar arrangements for an average of 6

portfolios at the same time. The Commission also

estimates that each portfolio has foreign custody

arrangements with an average of 10 foreign

custodians (i.e., 1 bank and 1 security depository in

each of 5 countries).

fund’s assets will be subject to

reasonable care if maintained with that

custodian. The foreign custody manager

also must determine that, based on the

same factors, the written contract that

governs each custody arrangement with

the foreign custodian (or the set of

depository rules or practices or the

combination of a contract and rules or

practices) will provide reasonable care

for fund assets. The written contract (or

equivalent rules or practices) must

contain either certain specified

provisions, or other provisions that

provide the same or a greater level of

care for fund assets. In addition, the

foreign custody manager must establish

a system to monitor the contract that

governs each custody arrangement and

the appropriateness of maintaining the

fund’s assets with a particular foreign

custodian.

The collections of information

required under rule 17f–5 are intended

to further the protection of fund assets

held in foreign custody arrangements

permitted under the rule, which are

more flexible than the foreign custody

arrangements permitted under the Act.

The requirements that the fund board

determine that it is reasonable to rely on

each delegate is intended to ensure that

the board considers carefully each

delegate’s qualifications to perform its

responsibilities. The requirement that

the delegate provide written reports to

the board is intended to ensure that the

delegate notifies the board of important

developments concerning custody

arrangements so that the board may

exercise effective oversight.

The requirement that each custody

arrangement by governed by a written

contract (or equivalent rules or

practices) that contains specified

provisions or other provisions that

provide an equivalent level of care is

intended to ensure that each

arrangement is subject to certain

minimal contractual safeguards.5 The

requirement that the foreign custody

manager establish a monitoring system

is intended to ensure that the foreign

custody manager periodically reviews

each custody arrangement and takes any

action necessary or appropriate when

changes in circumstances could threaten

fund assets.

The Commission estimates that

during the first year when funds are

required to comply with the 1997

amendments to rule 17f–5, the boards of

directors of approximately 3,690

portfolios that use foreign custody

arrangements will delegate

responsibility for their arrangements to

approximately 15 U.S. bank custodians

and approximately 650 investment

advisers.6

The Commission estimates that the

board of each portfolio will expend

approximately 2 burden hours during

the first year in determining that the

board may reasonably rely on each of

two delegates to evaluate the portfolio’s

foreign custody arrangements, for a total

7,380 burden hours for all, 3,690

portfolios. The Commission estimates

that each U.S. custodian bank will

expend approximately (i) 400 burden

hours in determining for some 250

portfolios that a written contract

containing required terms governs each

foreign custody arrangement and that

each contract will provide reasonable

care for fund assets; (ii) 96 burden hours

in establishing a system for monitoring

custody arrangement and contracts; and

(iii) 400 burden hours in providing

periodic reports to fund boards; for a

total of 13,440 burden hours for all 15

U.S. bank custodians. The Commission

estimates that each investment adviser

will expend approximately (i) 10 burden

hours in determining for some 6

portfolios that a written contract

containing required terms governs each

foreign custody arrangement and that

each contract will provide reasonable

care for fund assets; (ii) 24 burden hours

in establishing a system for monitoring

certain arrangements and contracts; and

(iii) 10 burden hours in providing

periodic reports to fund boards; for a

total of 28,600 burden hours for all 650

investment advisers.

The total annual burden of the rule’s

paperwork requirements for all

portfolios, U.S. bank custodians, and

investment advisers therefore is

estimated to be 49,420 hours. This

estimate represents an increase of

40,680 hours from the prior estimate of

8,740 hours. Approximately 30,680

hours of the increase are attributable to

updated information about the number

of affected portfolios and other entities,

and to a more accurate calculation of the

component parts of some information

burdens. Approximately 10,000 hours of

the increase are attributable to the

adoption of rule amendments not fully

addressed in the prior estimate.

Written comments are invited on: (a)

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;

(b) the accuracy of the agency’s estimate

of the burden of the collection of

information; (c) ways to enhance the

quality, utility, and clarity of the

information collected; and (d) ways to

minimize the burden of the collection of

information on respondents, including

through use of automated collection

techniques or other forms of information

technology. Consideration will be given

to comments and suggestions submitted

in writing within 60 days of this

publication.

Please direct your written comments

to Michael E. Bartell, Associate

Executive Director, Office of

Information Technology, Securities and

Exchange Commission, 450 Fifth Street,

N.W., Washington, DC 20549.

Dated: June 17, 1998.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 98–16754 Filed 6–23–98; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Investment Company Act Release No.

23262; 812–10336]

SEI Liquid Asset Trust, et al.; Notice of

Application

June 18, 1998.

AGENCY: Securities and Exchange

Commission (‘‘SEC’’).

ACTION: Notice of application for an

order under section 17(d) of the

Investment Company Act of 1940 (the

‘‘Act’’) and rule 17d–1 under the Act.

SUMMARY OF APPLICATION: Applicants

request an order to permit SEI Liquid

Asset Trust (‘‘SLAT’’), SEI Tax Exempt

Trust (‘‘STET’’), SEI Daily Income Trust

(‘‘SDIT’’), SEI Institutional Managed

Trust (‘‘SIMT’’), SEI International Trust

(‘‘SIT’’), SEI Asset Allocation Trust

(‘‘SAAT’’), and SEI Institutional

Investments Trust (‘‘SIIT’’) (each a

‘‘Trust,’’ and together, the ‘‘Trusts’’) and

certain other existing or future

registered open-end management

investment companies to deposit their

daily uninvested cash balances in joint
Federal Register / Vol. 63, No. 121 /Wednesday, June 24, 1998 / Notices 34497

1Each Fund that currently intends to rely on the

requested relief is named as an applicant. Any

existing Funds and future Funds that rely on the

requested relief in the future will do so only in

accordance with the terms and conditions of the

application.

accounts investing in short-term

repurchase agreements with maturities

of no more than seven days.

APPLICANTS: Trusts, SEI Investments

Management Corporation (‘‘SIMC’’), SEI

Fund Management (‘‘SEI Management’’),

SEI Fund Resources (‘‘Fund

Resources’’), SEI Investments

Distribution Co. (‘‘SIDCo.’’), and

Wellington Management Company, LLP

(‘‘Wellington Management’’).

FILING DATES: The application was filed

on September 17, 1996, and amended

on February 12, 1997, July 18, 1997, and

June 1, 1998.

HEARING OR NOTIFICATION OF HEARING: An

order granting the application will be

issued unless the SEC orders a hearing.

Interested persons may request a

hearing by writing to the SEC’s

Secretary and serving applicants with a

copy of the request, personally or by

mail. Hearing requests should be

received by the SEC by 5:30 p.m. on July

13, 1998, and should be accompanied

by proof of service on the applicants, in

the form of an affidavit or, for lawyers,

a certificate of service. Hearing requests

should state the nature of the writer’s

interest, the reason for the request, and

the issues contested. Persons who wish

to be notified of a hearing may request

notification by writing to the SEC’s

Secretary.

ADDRESSES: Secretary, SEC, 450 Fifth

Street, N.W., Washington, D.C. 20549.

Applicants, One Freedom Valley Drive,

Oaks, Pennsylvania 19456.

FOR FURTHER INFORMATION CONTACT:

Michael W. Mundt, Staff Attorney, at

(202) 942–0578, or Mary Kay Frech,

Branch Chief, at (202) 942–0564

(Division of Investment Management,

Office of Investment Company

Regulation).

SUPPLEMENTARY INFORMATION: The

following is a summary of the

application. The complete application

may be obtained for a fee by writing the

SEC’s Public Reference Branch at 450

Fifth Street, N.W., Washington, D.C.

20549, or by telephone at (202) 942–

8090.

Applicants’ Representations

1. The Trusts are open-end

management investment companies

registered under the Act. Each Trust

offers multiple portfolios (the

‘‘Portfolios’’), each of which has its own

investment adviser and its own

investment objectives and policies.

Wellington Management, an investment

adviser registered under the Investment

Advisers Act of 1940 (‘‘Advisers Act’’),

serves as investment adviser for each of

the existing Portfolios of SLAT and

SDIT. SIMC, an investment adviser

registered under the Advisers Act,

serves as investment adviser for certain

Portfolios of SIT, SIMT, SAAT, SIIT,

and STET. For the purposes of this

application, Wellington Management

and SIMC are collectively the

‘‘Advisers,’’ and each individually is an

‘‘Adviser.’’ SIDCo., a broker-dealer

registered under the Securities

Exchange Act of 1934, serves as

principal underwriter and distributor

for the Trusts.

2. Applicants request that any relief

granted on the application apply to each

Trust, each Portfolio, and any other

existing or future registered open-end

management investment company (or

series of such investment company)

which is or in the future becomes part

of the Trusts’ ‘‘ground of investment

companies’’ as defined in rule 11a–3

under the Act and for which an Adviser,

or a person directly or indirectly

controlling, controlled by, or under

common control with an Adviser, serves

as investment adviser (each such

investment company, Trust, and

Portfolio, a ‘‘Fund,’’ and collectively,

the ‘‘Funds’’).1

3. Each Fund has, or may have,

uninvested cash balances at the end of

each trading day. In order to earn

additional income, an Adviser

ordinarily would invest such cash

balances in short-term investments

authorized by that Fund’s investment

policies. Such short-term instruments

may include repurchase agreements

with an overnight, over-the-weekend, or

over a holiday maturity, and in no event

a term of more than seven days

(‘‘Overnight Investments’’). The

investment policies of each Fund permit

investments in Overnight Investments.

4. Applicants propose that the Funds

establish one or more joint trading

accounts or subaccounts (‘‘Joint

Accounts’’) with one or more custodians

(‘‘Custodians’’) to deposit some or all of

their uninvested cash balances for the

purpose of investing in Overnight

Investments. It currently is expected

that each Trust will establish a single

Joint Account with The Bank of New

York as Custodian.

5. All investments in Overnight

Investments through the Joint Accounts

will be effected only compliance with

(a) standards and procedures

established by the board of trustees or

directors (‘‘Board’’) of each Fund with

respect to Overnight Investments, and

(b) guidelines set forth in Investment

Company Act Release No. 13005

(February 2, 1983) and any other

existing and future positions taken by

the SEC or its staff by rule, release,

letter, or otherwise, relating to joint

Overnight Investment transactions.

6. Each list of approved repurchase

agreement counterparites (‘‘Approved

Counterparties’’) for a Fund is

monitored by its Adviser on an ongoing

basis and reviewed by the relevant

Board on a quarterly basis. Each of the

Custodians may be an Approved

Counterparty, but a Fund will only enter

into ‘‘hold-in-custody’’ repurchase

agreement with that Custodian if cash is

received late in the day and would

otherwise be unavailable for investment.

7. The Advisers will be responsible

for investing amounts in the Joint

Accounts, establishing accounting and

control procedures, and ensuring the

equal treatment of each participating

Fund. While the Advisers will be

entitled to their advisory fees on assets

invested by the Funds in the Joint

Accounts, they will have no monetary

participation in the Joint Accounts and

will receive no additional fee for

administering the Joint Accounts.

Applicants’ Legal Analysis

1. Section 17(d) of the Act and rule

17d–1 under the Act make it unlawful

for a affiliated person of a registered

investment company, acting as

principal, to participate in, or effect any

transaction in connection with, any

joint arrangement in which the

registered investment company is a joint

or a joint and several participant unless

an application regarding the joint

arrangement has been filed with an

approved by the SEC. In passing on

such applications, the SEC must

consider whether the participation of

the registered investment company in

the joint arrangement, as proposed, is

consistent with the provisions, policies,

and purposes of the Act and the extent

to which such participation is on a basis

different from or less advantageous than

that of other participants.

2. Under section 2(a)(3) of the Act,

any two or more Funds may be deemed

‘‘affiliated persons’’ from time to time

under a variety of circumstances. Funds

with a common Adviser may be deemed

to be ‘‘affiliated persons’’ of one another

because they may be deemed to be

under the common control of the

Adviser. Each Fund, by participating in

a Joint Account, and the Adviser, by

managing the Joint Account, could be

deemed to be a ‘‘joint or a joint and

several participant’’ in a transaction

within the meaning of section 17(d). In

addition, the proposed Joint Accounts

could be deemed to be a ‘‘[j]oint
34498 Federal Register / Vol. 63, No. 121 /Wednesday, June 24, 1998 / Notices

enterprise or other joint arrangement’’

within the meaning of rule 17d–1.

3. Applicants believe that no

participating Fund will receive fewer

relative benefits from effecting its

transaction through the proposed Joint

Accounts than any other participating

Fund. Applicants also believe that the

proposed method of operating the Joint

Accounts will not result in any conflicts

of interest between any of the Funds or

between any Fund and an Adviser. Each

Fund’s liability on any Overnight

Investment invested in by the Joint

Accounts will be limited to its own

interest in such Overnight Investment.

4. Applicants believe the Joint

Accounts could result in certain benefits

to the Funds. The Funds may earn a

higher return on Overnight Investments

through the Joint Accounts relative to

the returns they could earn

individually. Under normal market

conditions, it is possible to negotiate a

higher rate of return on larger Overnight

Investments than can be negotiated for

small Overnight Investments. In

addition, the Funds would collectively

save significant transactions fees and

expenses by reducing the number of

transactions that would be engaged in,

as contrasted with the number engaged

in through separate accounts for each

Fund individually.

5. Under the circumstances and for

the reasons set forth above applicants

submit that the proposed Joint Accounts

meet the criteria of rule 17d–1 for

issuance of an order.

Applicants’ Conditions

Applicants will comply with the

following procedures as express

conditions to any order granting the

requested relief:

1. The Joint Accounts will be

established as one or more separate cash

accounts on behalf of the Funds at a

custodian bank. Each Fund may deposit

daily all or a portion of its uninvested

cash balances into the Joint Accounts.

Each Fund whose regular Custodian is

a custodian other than the bank at

which a proposed Joint Account would

be maintained, and that wishes to

participate in the Joint Account, would

appoint the latter bank as a subcustodian for the limited purposes of:

(1) receiving and disbursing cash; (2)

holding any Overnight Investments; and

(3) holding any collateral received from

a transaction effected through the Joint

Account. All Funds that appoint such

sub-custodians will have taken all

necessary actions to authorize such

bank as their legal custodian, including

all actions required under the Act.

2. Cash in the Joint Accounts will be

invested solely in Overnight

Investments that are ‘‘collateralized

fully,’’ as defined in rule 2a–7 under the

Act, and that comply with the

investment policies of all Funds

participating in that Overnight

Investment.

3. All Overnight Investments invested

in through the Joint Accounts would be

valued on an amortized costs basis to

the extent permitted by applicable SEC

releases, rules, letters, or orders. Each

Fund that relies on 2a–7 under the Act

would use the dollar-weighted average

maturity of a Joint Account’s Overnight

Investments for the purpose of

computing that Fund’s average portfolio

maturity with respect to the portion of

its assets held in that Joint Account on

that day.

4. To assure that there will be no

opportunity for one Fund to use any

part of a balance of any Joint Account

credited to another Fund, no Fund will

be allowed to create a negative balance

in any Joint Account for any reason,

although each Fund will be permitted to

draw down its pro rata share of the

entire balance at any time. Each Fund’s

decision to invest through the Joint

Accounts shall be solely at the option of

that Fund and its Adviser, and no Fund

will, in any way, be obligated to invest

through, or to maintain any minimum

balance in, the Joint Accounts. In

addition, each Fund will retain the sole

rights of ownership of any of its assets,

including interest payable on such

assets, invested through the Joint

Accounts. Each Fund’s investments

effected through the Joint Accounts will

be documented daily on the books of

that Fund as well as on the books of the

Custodian. Each Fund, through the

Adviser and/or Custodian, will maintain

records (in conformity with section 31

of the Act and the rules thereunder)

documenting for any given day, the

Fund’s aggregate investment in a Joint

Account and its pro rata share of each

Overnight Investment made through

such Joint Account.

5. Each Fund will participate in and

own its proportionate share of an

Overnight Investment, and receive the

income earned on or accrued in such

Overnight Investment, based upon the

percentage of such investment

purchased with amounts contributed by

such Fund, and each Fund will

participate in a Joint Account on the

same basis as every other Fund in

conformity with its respective

fundamental investment objectives,

policies, restrictions. Any future Funds

that participate in a Joint Account

would do so on the same terms and

conditions as the existing Funds.

6. The Advisers will administer,

manage, and invest the cash balances in

the Joint Accounts in accordance with

the terms of their management contracts

with the Funds, and will not collect any

additional or separate fee for the

administration of the Joint Accounts.

7. The administration of the Joint

Account will be within the fidelity bond

coverage required by section 17(g) of the

Act and rule 17g–1 thereunder.

8. The Board for each Fund investing

in Overnight Investments through the

Joint Accounts will adopt procedures

pursuant to which the Joint Accounts

will operate, which procedures will be

reasonably designed to provide that the

requirements of the applications will be

met. The Board will make and approve

such changes that they deem necessary

to ensure that such procedures are

followed. In addition, not less

frequently than annually, the Boards

will evaluate the Joint Account

arrangements, determine whether the

Joint Accounts have been operated in

accordance with the adopted

procedures, and authorize a Fund’s

continued participation in the Joint

Accounts only if there is a reasonable

likelihood that such continued

participation would benefit that Fund

and its shareholders.

9. The Joint Accounts will not be

distinguishable from any other accounts

maintained by a Fund with a custodian

bank, except that monies from various

Funds will be deposited in the Joint

Accounts on a commingled basis. The

Joint Accounts will not have a separate

existence with indicia of a separate legal

entity. The sole function of the Joint

Accounts will be to provide a

convenient way to aggregating

individual transactions that would

otherwise require daily management

and investment by each Fund of its

uninvested cash balances.

10. Investments held in a Joint

Account generally will not be sold prior

to maturity except: (a) if the Adviser

believes that the investment no longer

presents minimal credit risk; (b) if, as a

result of a credit downgrading of

otherwise, the investment no longer

satisfies the investment criteria of all

Funds participating in the investment;

or (c) if the counterparty defaults. A

Fund may, however, sell its fractional

portion of an investment in a Joint

Account prior to the maturity of the

investment in such Joint Account if the

cost of such transaction will be borne

solely by the selling Fund and the

transaction would not adversely affect

the other Funds participating in that

Joint Account. In no case would an early

termination by less than all

participating Funds be permitted if it

would reduce the principal amount or

yield received by other Funds
Federal Register / Vol. 63, No. 121 /Wednesday, June 24, 1998 / Notices 34499

participating in a particular Joint

Account or otherwise adversely affect

the other participating Funds. Each

Fund participating in such Joint

Account will be deemed to have

consented to such sale and partition of

the investment in such Joint Account.

For the Commission, by the Division of

Investment Management, under delegated

authority.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 98–16753 Filed 6–23–98; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[File No. 500–1]

Golden Eagle International, Inc.; Order

of Suspension of Trading

June 19, 1998.

It appears to the Securities and

Exchange Commission that there is a

lack of current and accurate information

concerning the securities of Golden

Eagle International, Inc. (‘‘Golden

Eagle’’) because of questions regarding

the accuracy and adequacy of assertions

by Golden Eagle and by others

concerning, among other things, the

basis for its claims of proven gold

reserves on its Bolivian mineral

concessions.

The Commission is of the opinion that

the public interest and the protection of

investors require a suspension of trading

in the securities of the above listed

company.

Therefore, it is ordered, pursuant to

Section 12(k) of the Securities Exchange

Act of 1934, that trading in the above

listed company is suspended for the

period from 9:30 a.m. EST, June 22,

1998, through 11:59 p.m. EST, on July

6, 1998.

By the Commission.

Jonathan G. Katz,

Secretary.

[FR Doc. 98–16950 Filed 6–22–98; 1:09 pm]

BILLING CODE 8010–01–M

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3089]

Commonwealth of Pennsylvania

As a result of the President’s major

disaster declaration on June 8, 1998, I

find that Allegheny, Berks, Somerset,

and Wyoming Counties in the

Commonwealth of Pennsylvania

constitute a disaster area due to

damages caused by severe storms,

tornadoes, and flooding that occurred

May 31, 1998 through June 2, 1998.

Applications for loans for physical

damages as a result of this disaster may

be filed until the close of business on

August 7, 1998, and for loans for

economic injury until the close of

business on March 8, 1999 at the

address listed below or other locally

announced locations: U.S. Small

Business Administration, Disaster Area

1 Office, 360 Rainbow Blvd., South, 3rd

Floor, Niagara Falls, NY 14303.

In addition, applications for economic

injury loans from small businesses

located in the following contiguous

counties may be filed until the specified

date at the above location: Armstrong,

Beaver, Bedford, Bradford, Butler

Cambria, Chester, Fayette, Lackawanna,

Lancaster, Lebanon, Lehigh, Luzerne,

Montgomery, Schuylkill, Sullivan,

Susquehanna, Washington, and

Westmoreland Counties in

Pennsylvania, and Allegany and Garrett

Counties in Maryland.

The interest rates are:

Percent

Physical damage:

Homeowners with credit available elsewhere ........................ 7.000

Homeowners without credit available elsewhere ........................ 3.500

Businesses with credit available

elsewhere ................................ 8.000

Businesses and non-profit organizations without credit available elsewhere ........................ 4.000

Others (including non-profit organizations) with credit available

elsewhere ................................ 7.125

For economic injury:

Businesses and small agricultural

cooperatives without credit

available elsewhere ................. 4.000

The number assigned to this disaster

for physical damage is 308911. For

economic injury the numbers are

988600 for Pennsylvania, and 988700

for Maryland.

(Catalog of Federal Domestic Assistance

Program Nos. 59002 and 59008)

Dated: June 12, 1998.

Bernard Kulik,

Associate Administrator for Disaster

Assistance.

[FR Doc. 98–16738 Filed 6–23–98; 8:45 am]

BILLING CODE 8025–01–U

SOCIAL SECURITY ADMINISTRATION

Information Collection Activities:

Proposed Collection Requests and

Comment Requests

This notice lists information

collection packages that will require

submission to the Office of Management

and Budget (OMB), as well as

information collection packages

submitted to OMB for clearance, in

compliance with PL. 104–13 effective

October 1, 1995, The Paperwork

Reduction Act of 1995.

I. The information collection(s) listed

below require(s) extension(s) of the

current OMB approval(s) or are

proposed new collection(s):

1. Disability Determination and

Transmittal—0960–0437. The

information collected on form SSA–831

is used by the Social Security

Administration (SSA) to document the

State Disability Determination Services

(SDDS) decision about whether an

individual who applies for disability

benefits is eligible for those benefits

based on his or her alleged disability.

SSA also uses this form for program

management and evaluation. The

respondents are SDDS employees who

make disability determinations for SSA.

Number of Respondents: 3,578,210.

Frequency of Response: 1.

Average Burden Per Response: 15

minutes.

Estimated Annual Burden: 894,553.

2. Cessation or Continuance of

Disability or Blindness Determination

and Transmittal—Title XVI—0960–

0443. The information collected on form

SSA–832 is used by the SDDS to

document for SSA whether an

individual’s disability benefits should

be terminated or continued based on the

recipient’s impairment. SSA also uses

this form for program management and

evaluation. The respondents are SDDS

employees adjudicating Title XVI

disability claims.

Number of Respondents: 656,567.

Frequency of Response: 1.

Average Burden Per Response: 30

minutes.

Estimated Annual Burden: 328,284.

3. Cessation or Continuance of

Disability or Blindness Determination

and Transmittal—Title II—0960–0442.

The information collected on form SSA–

833 is used by the SDDS to prepare for

SSA determinations of whether

individuals receiving Title II disability

or blindness benefits continue to be

unable to engage in substantial gainful

work due to their impairments and are

still eligible for benefit payments. SSA

also uses this form for program

management and evaluation. The

respondents are SDDS employees.

Number of Respondents: 627,973.

Frequency of Response: 1.

Average Burden Per Response: 30

minutes.

Estimated Annual Burden: 313,987.

Written comments and

recommendations regarding the