Federal Register / Vol. 87, No. 134 / Thursday, July 14, 2022 / Notices 42215 

contained in 29 CFR part 4231 is 

October 31, 2024. 

• OMB Control Number 1212–0068 

Partitions of Eligible Multiemployer 

Plans. The expiration date for this 

information collection contained in 29 

CFR part 4233 is January 31, 2025. 

• OMB Control Number 1212–0020 

Termination of Multiemployer Plans. 

The expiration date for this information 

collection contained in 29 CFR part 

4041A is June 30, 2025. 

• OMB Control Number 1212–0032 

Duties of Plan Sponsor Following Mass 

Withdrawal. The expiration date for this 

information collection contained in 29 

CFR part 4281 is June 30, 2025. 

• OMB Control Number 1212–0033 

Notice of Insolvency. The expiration 

date for this information collection 

contained in 29 CFR parts 4245 and 

4041(A) is June 30, 2025. 

The PRA provides that 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. 

Publication of this notice satisfies this 

requirement with respect to the abovelisted information collections, as 

provided in 5 CFR 1320.5(b)(2)(ii). 

Issued in Washington, DC. 

Stephanie Cibinic, 

Deputy Assistant General Counsel for 

Regulatory Affairs, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2022–15092 Filed 7–13–22; 8:45 am] 

BILLING CODE 7709–02–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

Submission of Information Collection 

for OMB Review; Comment Request; 

Notices Following a Substantial 

Cessation of Operations 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Notice of request for extension 

of OMB approval of information 

collection. 

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 that is 

necessary to fulfill various reporting 

obligations following a cessation of 

operations at a facility. 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 August 15, 2022. 

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. 

A copy of the request will be posted 

on PBGC’s website at https://

www.pbgc.gov/prac/laws-andregulation/federal-register-notices-openfor-comment. It may also be obtained 

without charge by writing to the 

Disclosure Division of the Office of the 

General Counsel of PBGC, 1200 K Street 

NW, Washington, DC 20005–4026; or, 

calling 202–229–4040 during normal 

business hours. If you are deaf, hard of 

hearing, or have a speech disability, 

please dial 7–1–1 to access 

telecommunications relay services. 

FOR FURTHER INFORMATION CONTACT: 

Melissa Rifkin (rifkin.melissa@

pbgc.gov), Attorney, Regulatory Affairs 

Division, Office of the General Counsel, 

Pension Benefit Guaranty Corporation, 

1200 K Street NW, Washington, DC 

20005–4026; 202–229–6563. If you are 

deaf, hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

SUPPLEMENTARY INFORMATION: Section 

4062(e) of the Employee Retirement 

Income Security Act of 1974 (ERISA) 

imposes reporting obligations in the 

event of a ‘‘substantial cessation of 

operations.’’ A substantial cessation of 

operations occurs when a permanent 

cessation at a facility causes a 

separation from employment of more 

than 15 percent of all ‘‘eligible 

employees.’’ ‘‘Eligible employees’’ are 

employees eligible to participate in any 

of the facility’s employer’s employee 

pension benefit plans. Following a 

substantial cessation of operations, the 

facility’s employer is treated, with 

respect to its single-employer pension 

plans covered by title IV of ERISA that 

are covering participants at the facility, 

as if the employer were a withdrawing 

substantial employer under a multiple 

employer plan. Under section 4063(a) of 

ERISA, the Pension Benefit Guaranty 

Corporation (PBGC) must receive notice 

of the substantial cessation of operations 

and a request to determine the 

employer’s resulting liability. 

To fulfill such resulting liability, the 

employer may elect, under section 

4062(e)(4)(A), to make additional 

contributions annually for seven years 

to plans covering participants at the 

facility where the substantial cessation 

of operations took place. Under sections 

4062(e)(4)(E)(i)(I), (II), (III), (IV), and (V) 

respectively, an employer that is making 

the election for annual additional 

contributions must give notice to PBGC 

of: (1) its decision to make the election, 

(2) its payment of an annual 

contribution, (3) its failure to pay an 

annual contribution, (4) its receipt of a 

funding waiver from the Internal 

Revenue Service, and (5) the ending of 

its obligation to make additional annual 

contributions. 

PBGC is requesting that OMB extend 

approval of a form series, consisting of 

Form 4062(e)–01, Form 4062(e)–02, 

Form 4062(e)–03, and Form 4062(e)–04, 

that is used to fulfill these reporting 

obligations. An employer or a plan 

administrator files Form 4062(e)–01 to 

notify PBGC of the occurrence of a 

substantial cessation of operations and 

request a determination of the 

employer’s liability. An employer files 

Form 4062(e)–02 to notify PBGC that it 

made the elections to pay annual 

additional contributions to a plan. An 

employer files Form 4062(e)–03 to 

notify PBGC that it paid an annual 

additional contribution, received a 

funding waiver from the Internal 

Revenue Service, or is no longer 

obligated to pay additional annual 

contributions. Finally, an employer files 

Form 4062(e)–04 to notify PBGC that it 

failed to pay an additional annual 

contribution to the plan. 

PBGC needs the information 

requested in the forms and notification 

(1) to determine an employer’s liability 

to a plan following a substantial 

cessation of operations and (2) to ensure 

that an employer that made the election 

of additional annual contributions is 

fulfilling its payment obligations. 

PBGC is proposing a modification to 

the wording of question 3 in Form 

4062(e)–02 and adding an explanation 

to page 7 of the instructions. These 

modifications are intended for purposes 

of clarity, and they will not affect 

burden. 

The collection of information has 

been approved by OMB under control 

number 1212–0073 (expires August 31, 

2022). On May 9, 2022, PBGC published 

in the Federal Register (at 87 FR 27666) 

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 its approval for another 3 

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, over the next 3 

years, 5 forms in this series will be 

submitted each year. PBGC estimates 


jspears on DSK121TN23PROD with NOTICES1
42216 Federal Register / Vol. 87, No. 134 / Thursday, July 14, 2022 / Notices 

that these forms would be completed by 

a combination of plan office staff and 

outside professionals: attorneys and 

actuaries. PBGC estimates a total annual 

hour burden of 38.5 hours. PBGC 

estimates a total annual cost burden of 

$39,415. 

Issued in Washington, DC. 

Stephanie Cibinic, 

Deputy Assistant General Counsel for 

Regulatory Affairs, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2022–15094 Filed 7–13–22; 8:45 am] 

BILLING CODE 7709–02–P 

PENSION BENEFIT GUARANTY 

CORPORATION 

Submission of Information Collection 

for OMB Review; Comment Request; 

Filings for Reconsideration 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Notice of request for extension 

of OMB approval of information 

collection. 

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 for filings for 

reconsideration under its regulation on 

Rules for Administrative Review of 

Agency Decisions. 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 August 15, 2022. 

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/PRAMain. 

Find this particular information 

collection by selecting ‘‘Currently under 

30-day Review—Open for Public 

Comments’’ or by using the search 

function. A copy of the request will be 

posted on PBGC’s website at https://

www.pbgc.gov/prac/laws-andregulation/federal-registernotices-openfor-comment. It may also be obtained 

without charge by writing to the 

Disclosure Division of the Office of the 

General Counsel of PBGC, 1200 K Street 

NW, Washington, DC 20005–4026; or, 

calling 202–229–4040 during normal 

business hours. If you are deaf, hard of 

hearing, or have a speech disability, 

please dial 7–1–1 to access 

telecommunications relay services. 

FOR FURTHER INFORMATION CONTACT: 

Karen Levin (levin.karen@pbgc.gov), 

Attorney, Regulatory Affairs Division, 

Office of the General Counsel, Pension 

Benefit Guaranty Corporation, 1200 K 

Street NW, Washington, DC 20005– 

4026; 202–229–3559. If you are deaf, 

hard of hearing, or have a speech 

disability, please dial 7–1–1 to access 

telecommunications relay services. 

SUPPLEMENTARY INFORMATION: The 

Pension Benefit Guaranty Corporation 

(PBGC) intends to request 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 Rules for Administrative Review of 

Agency Decisions (29 CFR part 4003) 

(OMB control number 1212–0063; 

expires August 31, 2022). This notice 

informs the public of PBGC’s request 

and solicits public comment on the 

collection of information. 

PBGC’s regulation on Rules for 

Administrative Review of Agency 

Decisions (29 CFR part 4003) prescribes 

rules governing the issuance of initial 

determinations by PBGC and the 

procedures for requesting and obtaining 

administrative review of initial 

determinations. Certain types of initial 

determinations are subject to 

reconsideration, which are covered in 

subpart C of the regulation. Subpart C 

prescribes rules on who may request 

reconsideration, when to make a 

reconsideration request, where to 

submit the request, the form and 

contents of reconsideration requests, 

and final decisions on reconsideration 

requests. 

Any person aggrieved by an initial 

determination of PBGC under 

§ 4003.1(d)(1) (determinations with 

respect to premiums, interest, and late 

payment penalties under section 4007 of 

ERISA), § 4003.1(d)(2) (determinations 

concerning voluntary terminations), or 

4003.1(d)(3) (determinations with 

respect to penalties under section 4071 

of ERISA) may request reconsideration 

of the initial determination. Most 

requests for reconsideration have been 

filed by plan administrators under 

§ 4003.1(d)(1) relating to premiums, 

interest, and late payment penalties. 

Requests for reconsideration must be 

in writing, be clearly designated as 

requests for reconsideration, contain a 

statement of the grounds for 

reconsideration and the relief sought, 

and contain or reference all pertinent 

information. Requests for 

reconsideration may be filed by hand, 

mail, commercial delivery service, or 

email. 

The collection of information under 

the regulation has been approved under 

OMB control number 1212–0063 

(expires August 31, 2022). On May 2, 

2022, PBGC published in the Federal 

Register (at 87 FR 25681) a notice 

informing the public of its intent to 

request an extension of this collection of 

information, as modified. No comments 

were received. PBGC is requesting that 

OMB extend approval of the collection 

without change. 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 an 

average of 121 persons per year will 

respond to this collection of 

information. The total estimated average 

annual burden of the collection of 

information is about one-half hour and 

$500 per respondent, with an average 

total annual burden of approximately 64 

hours and about $60,550. 

Issued in Washington, DC. 

Stephanie Cibinic, 

Deputy Assistant General Counsel for 

Regulatory Affairs, Pension Benefit Guaranty 

Corporation. 

[FR Doc. 2022–15093 Filed 7–13–22; 8:45 am] 

BILLING CODE 7709–02–P 

RAILROAD RETIREMENT BOARD 

Proposed Collection; Comment 

Request 

SUMMARY: In accordance with the 

requirement 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 clarity 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. 

1. Title and purpose of information 

collection: Employer Reporting; 3220– 

0005. Under Section 9 of the Railroad 

Retirement Act (RRA) (45 U.S.C. 231h), 

and Section 6 of the Railroad 

Unemployment Insurance Act (RUIA) 

(45 U.S.C. 356), railroad employers are 

required to submit reports of employee 

service and compensation to the RRB as 


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