36264 Federal Register / Vol. 63, No. 127 /Thursday, July 2, 1998 / Notices

Implementation Act and in accordance

with Section 250(a), Subchapter D,

Chapter 2, Title II, of the Trade Act of

1974, as amended (19 USC 2331), an

investigation was initiated on April 30,

1998, in response to a petition filed on

April 23, 1998 on behalf of workers at

The Paper Magic Group Inc., Reynosa,

Mexico.

During the course of the investigation

it was revealed that the workers’ firm

was located outside of the United States.

Therefore, further investigation would

serve no purpose and the investigation

has been terminated.

Signed in Washington, DC this 15th day of

June 1998.

Grant D. Beale,

Acting Director, Office of Trade Adjustment

Assistance.

[FR Doc. 98–17645 Filed 7–1–98; 8:45 am]

BILLING CODE 4510–30–M

DEPARTMENT OF LABOR

Pension and Welfare Benefits

Administration

Proposed Information Collection

Request Submitted for Public

Comment and Recommendations;

Prohibited Transaction Exemption 94–

71

ACTION: Notice.

SUMMARY: The Department of Labor, as

part of its continuing effort to reduce

paperwork and respondent burden,

provides the general public and Federal

agencies with an opportunity to

comment on proposed and/or

continuing collections of information in

accordance with the Paperwork

Reduction Act of 1995 (PRA 95), 44

U.S.C. 3506(c)(2)(A). This program

helps to ensure that requested data can

be provided in the desired format,

reporting burden (time and financial

resources) is minimized, collection

instruments are clearly understood, and

the impact of collection requirements on

respondents can be properly assessed.

Currently, the Pension and Welfare

Benefits Administration is soliciting

comments concerning the proposed

extension of a currently approved

collection of information, Prohibited

Transaction Exemption 94–71. A copy

of the proposed information collection

request (ICR) can be obtained by

contacting the employee listed below in

the contact section of this notice.

DATES: Written comments must be

submitted on or before August 31, 1998.

The Department of Labor is

particularly interested in comments

which:

• 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

methodology and assumptions used;

• Enhance the quality, utility, and

clarify 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 submissions

of responses.

ADDRESSES: Gerald B. Lindrew,

Department of Labor, Pension and

Welfare Benefits Administration, 200

Constitution Avenue, NW, Washington,

DC 20210, (202) 219–4782 (this is not a

toll-free number), FAX (202) 219–4745.

SUPPLEMENTARY INFORMATION:

I. Background

Class Exemption 94–71 exempts

certain transactions authorized by a

settlement agreement resulting from an

investigation of an employee benefit

plan pursuant to the authority of section

504(a) of the Employee Retirement

Income Security Act of 1974 (ERISA)

from prohibitions set forth in sections

406 and 407(a) of ERISA. The

conditions of the exemption include

certain notice and disclosure

requirements, which are intended to

protect the interests of plan participants

and beneficiaries. At least 30 days prior

to engaging in the transaction described

in the settlement agreement, a party

who will be engaging in the transaction

or activity must provide written notice

to affected participants and beneficiaries

in a manner reasonably calculated to

result in receipt of the notice. The

notice and method of distribution must

be approved by the Department’s office

which negotiated the settlement.

II. Current Actions

The ICR included in this exemption is

intended to facilitate voluntary

settlements arising from investigations

involving Title I of ERISA, while

ensuring that participants and

beneficiaries have adequate information

concerning matters which may affect

their benefits. In the absence of

Prohibited Transaction Exemption 94–

71, parties wishing to enter into certain

types of transactions pursuant to

settlement agreements would be

required to apply for individual

exemptions. Therefore, the Pension and

Welfare Benefits Administration intends

to request Office of Management and

Budget approval of this ICR beyond its

September 30, 1998 expiration date.

Type of Review: Extension.

Agency: Department of Labor, Pension

and Welfare Benefits Administration.

Title: Prohibited Transaction

Exemption 94–71.

OMB Number: 1210–0091.

Affected Public: Business or other forprofit, Not-for-profit institutions,

Individuals.

Total Respondents: 10.

Frequency: On occasion.

Total Responses: 10.

Estimated Total Burden Hours: 1010

hours.

Comments submitted in response to

this notice will be summarized and/or

included in the request for Office of

Management and Budget approval of the

information collection request; they will

also become a matter of public record.

Dated: June 26, 1998.

Gerald B. Lindrew,

Deputy Director, Office of Policy and

Research, Pension and Welfare Benefits

Administration.

[FR Doc. 98–17565 Filed 7–1–98; 8:45 am]

BILLING CODE 4510–29–M

DEPARTMENT OF LABOR

Pension and Welfare Benefits

Administration

Proposed Extension of Information

Collection Request Submitted for

Public Comment and

Recommendations; Employee

Retirement Income Security Act of

1974 (ERISA) Technical Release 91–1

ACTION: Notice.

SUMMARY: The Department of Labor, as

part of its continuing effort to reduce

paperwork and respondent burden,

provides the general public and Federal

agencies with an opportunity to

comment on proposed and/or

continuing collections of information in

accordance with the Paperwork

Reduction Act of 1995 (PRA 95) (44

U.S.C. 3506(c)(2)(A)). This program

helps to ensure that requested data can

be provided in the desired format,

reporting burden (time and financial

resources) is minimized, collection

instruments are clearly understood, and

the impact of collection requirements on

respondents can be properly assessed.

Currently, the Pension and Welfare