Source: https://regulations.justia.com/regulations/fedreg/2019/04/29/2019-08492.html
Timestamp: 2020-05-26 10:30:39
Document Index: 763017873

Matched Legal Cases: ['§ 4003', '§ 4003', '§ 4003', '§ 4003', '§ 4003', '§ 4003', 'art 4010', 'art 3010', 'art 3020', 'art 3015', 'art 3020', 'art 4010']

Submission of Information Collection for OMB Review; Comment Request; Annual Financial and Actuarial Information Reporting, 18094-18095 [2019-08492] :: Pension Benefit Guaranty Corporation :: Agencies And Commissions :: Regulation Tracker :: Justia
Justia Regulation Tracker Agencies And Commissions Pension Benefit Guaranty Corporation Submission of Information Collection for OMB Review; Comment Request; Annual Financial and Actuarial Information Reporting, 18094-18095 [2019-08492]
Submission of Information Collection for OMB Review; Comment Request; Annual Financial and Actuarial Information Reporting, 18094-18095 [2019-08492]
Download as PDF khammond on DSKBBV9HB2PROD with NOTICES 18094 Federal Register / Vol. 84, No. 82 / Monday, April 29, 2019 / Notices 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 content of reconsideration requests, and other matters relating to reconsideration requests. Any person aggrieved by an initial determination of PBGC under § 4003.1(b)(1) (determinations that a plan is covered by section 4021 of ERISA), § 4003.1(b)(2) (determinations concerning premiums, interest, and late payment penalties under section 4007 of ERISA), § 4003.1(b)(3) (determinations concerning voluntary terminations), § 4003.1(b)(4) (determinations concerning allocation of assets under section 4044 of ERISA), or § 4003.1(b)(5) (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(b)(2) for waiver of premium penalties and interest and late payment penalties under section 4007 of ERISA. 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. PBGC estimates that an average of 184 persons per year will respond to this collection of information. PBGC further estimates that the average annual burden of this collection of information is about one-half hour and $652 per person, with an average total annual burden of approximately 100 hours and about $120,000. The existing collection of information was approved under OMB control number 1212–0063 through September 30, 2019. PBGC intends to request that OMB extend approval of this collection of information for another 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 is soliciting public comments to— • evaluate whether the proposed collection of information is necessary VerDate Sep<11>2014 16:56 Apr 26, 2019 Jkt 247001 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 methodologies and assumptions used; • enhance the quality, utility, and clarity of 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 submission of responses. Issued in Washington, DC. Stephanie Cibinic, Deputy Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2019–08489 Filed 4–26–19; 8:45 am] BILLING CODE 7709–02–P PENSION BENEFIT GUARANTY CORPORATION Submission of Information Collection for OMB Review; Comment Request; Annual Financial and Actuarial Information Reporting Pension Benefit Guaranty Corporation. ACTION: Notice of request for extension of OMB approval. AGENCY: 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 Annual Financial and Actuarial Information Reporting. This notice informs the public of PBGC’s request and solicits public comment on the collection. DATES: Comments must be submitted by May 29, 2019. ADDRESSES: Comments should be sent to the Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Pension Benefit Guaranty Corporation, via electronic mail at OIRA_ submission@omb.eop.gov or by fax to (202) 395–6974. A copy of the request will be posted on PBGC’s website at https:// www.pbgc.gov/prac/laws-andregulations/information-collectionsunder-omb-review. It may also be SUMMARY: PO 00000 Frm 00101 Fmt 4703 Sfmt 4703 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; faxing a request to 202–326–4042; or, calling 202–326–4040 during normal business hours (TTY users may call the Federal Relay Service toll-free at 800– 877–8339 and ask to be connected to 202–326–4040). The Disclosure Division will email, fax, or mail the information to you, as you request. FOR FURTHER INFORMATION CONTACT: Stephanie Cibinic, Deputy Assistant General Counsel, Regulatory Affairs Division, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW, Washington DC 20005–4026; 202–326–4400, extension 6352. (TTY users may call the Federal Relay Service toll-free at 800–877–8339 and ask to be connected to 202–326– 4400, extension 6352.) SUPPLEMENTARY INFORMATION: Section 4010 of the Employee Retirement Income Security Act of 1974 (ERISA) and PBGC’s regulation on Annual Financial and Actuarial Information Reporting (29 CFR part 4010) require each member of a controlled group to submit financial and actuarial information to PBGC under certain circumstances. Section 4010 specifies that each controlled group member must provide PBGC with certain financial information, including audited (if available) or (if not) unaudited financial statements. Section 4010 also specifies that the controlled group must provide PBGC with certain actuarial information necessary to determine the liabilities and assets for all PBGC-covered plans. PBGC’s 4010 regulation specifies the items of identifying, financial, and actuarial information that filers must submit under section 4010, through PBGC’s secure e-4010 web-based application. Computer-assisted analysis of this information helps PBGC to anticipate possible major demands on the pension insurance system and to focus PBGC resources on situations that pose the greatest risks to that system. Because other sources of information are usually not as current as the section 4010 information and do not reflect a plan’s termination liability, the section 4010 filing plays a major role in PBGC’s ability to protect participant and premium-payer interests. The existing collection of information was approved under OMB control number 1212–0049 (expires July 31, 2019). On February 19, 2019, PBGC published in the Federal Register (at 84 FR 4863) a notice informing the public of its intent to request an extension of this collection of information for E:\FR\FM\29APN1.SGM 29APN1 Federal Register / Vol. 84, No. 82 / Monday, April 29, 2019 / Notices another three years. No comments were received. 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 560 controlled groups will file each year. The total estimated annual burden of the information collection would be approximately 532 hours and $12,871,000. Issued in Washington, DC, by Stephanie Cibinic, Deputy Assistant General Counsel for Regulatory Affairs, Pension Benefit Guaranty Corporation. [FR Doc. 2019–08492 Filed 4–26–19; 8:45 am] BILLING CODE 7709–02–P POSTAL REGULATORY COMMISSION [Docket No. CP2019–141] New Postal Product Postal Regulatory Commission. Notice. AGENCY: ACTION: The Commission is noticing a recent Postal Service filing for the Commission’s consideration concerning a negotiated service agreement. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: May 1, 2019. ADDRESSES: Submit comments electronically via the Commission’s Filing Online system at http:// www.prc.gov. Those who cannot submit comments electronically should contact the person identified in the FOR FURTHER INFORMATION CONTACT section by telephone for advice on filing alternatives. FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: SUMMARY: Table of Contents khammond on DSKBBV9HB2PROD with NOTICES I. Introduction II. Docketed Proceeding(s) I. Introduction The Commission gives notice that the Postal Service filed request(s) for the Commission to consider matters related to negotiated service agreement(s). The request(s) may propose the addition or removal of a negotiated service agreement from the market dominant or the competitive product list, or the modification of an existing product currently appearing on the market dominant or the competitive product list. VerDate Sep<11>2014 16:56 Apr 26, 2019 Jkt 247001 Section II identifies the docket number(s) associated with each Postal Service request, the title of each Postal Service request, the request’s acceptance date, and the authority cited by the Postal Service for each request. For each request, the Commission appoints an officer of the Commission to represent the interests of the general public in the proceeding, pursuant to 39 U.S.C. 505 (Public Representative). Section II also establishes comment deadline(s) pertaining to each request. The public portions of the Postal Service’s request(s) can be accessed via the Commission’s website (http:// www.prc.gov). Non-public portions of the Postal Service’s request(s), if any, can be accessed through compliance with the requirements of 39 CFR 3007.301.1 The Commission invites comments on whether the Postal Service’s request(s) in the captioned docket(s) are consistent with the policies of title 39. For request(s) that the Postal Service states concern market dominant product(s), applicable statutory and regulatory requirements include 39 U.S.C. 3622, 39 U.S.C. 3642, 39 CFR part 3010, and 39 CFR part 3020, subpart B. For request(s) that the Postal Service states concern competitive product(s), applicable statutory and regulatory requirements include 39 U.S.C. 3632, 39 U.S.C. 3633, 39 U.S.C. 3642, 39 CFR part 3015, and 39 CFR part 3020, subpart B. Comment deadline(s) for each request appear in section II. II. Docketed Proceeding(s) 1. Docket No(s).: CP2019–141; Filing Title: Notice of United States Postal Service of Filing a Functionally Equivalent Global Expedited Package Services 10 Negotiated Service Agreement and Application for NonPublic Treatment of Materials Filed Under Seal; Filing Acceptance Date: April 23, 2019; Filing Authority: 39 CFR 3015.5; Public Representative: Christopher C. Mohr; Comments Due: May 1, 2019. This Notice will be published in the Federal Register. Stacy L. Ruble, Secretary. [FR Doc. 2019–08608 Filed 4–26–19; 8:45 am] BILLING CODE 7710–FW–P 1 See Docket No. RM2018–3, Order Adopting Final Rules Relating to Non-Public Information, June 27, 2018, Attachment A at 19–22 (Order No. 4679). PO 00000 Frm 00102 Fmt 4703 Sfmt 4703 18095 RAILROAD RETIREMENT BOARD Agency Forms Submitted for OMB Review, Request for Comments Summary: In accordance with the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Railroad Retirement Board (RRB) is forwarding an Information Collection Request (ICR) to the Office of Information and Regulatory Affairs (OIRA), Office of Management and Budget (OMB). Our ICR describes the information we seek to collect from the public. Review and approval by OIRA ensures that we impose appropriate paperwork burdens. The RRB invites comments on the proposed collections of information to determine (1) the practical utility of the collections; (2) the accuracy of the estimated burden of the collections; (3) ways to enhance the quality, utility, and clarity of the information that is the subject of collection; and (4) ways to minimize the burden of collections on respondents, including the use of automated collection techniques or other forms of information technology. Comments to the RRB or OIRA must contain the OMB control number of the ICR. For proper consideration of your comments, it is best if the RRB and OIRA receive them within 30 days of the publication date. 1. Title and purpose of information collection: Employer Reporting; 3220– 0005. Under Section 9 of the Railroad Retirement Act (RRA), and Section 6 of the Railroad Unemployment Insurance Act (RUIA), railroad employers are required to submit reports of employee service and compensation to the RRB as needed for administering the RRA and RUIA. To pay benefits due on a deceased employee’s earnings records or determine entitlement to, and amount of annuity applied for, it is necessary at times to obtain from railroad employers current (lag) service and compensation not yet reported to the RRB through the annual reporting process. The reporting requirements are specified in 20 CFR 209.6 and 209.7. The RRB currently utilizes the following forms to collect information to obtain the required lag service and related information from railroad employers: Form AA–12, Notice of Death and Request for Service Needed for Eligibility, Form G–88A.1 (or its internet equivalent, Form G–88A.1 (internet)), Request for Verification of Date Last Worked, and Form G–88A.2 (or its internet equivalent, Form G– 88A.2 (internet)), Notice of Retirement and Request for Service Needed for Eligibility. Form AA–12 obtains a report of lag service and compensation from E:\FR\FM\29APN1.SGM 29APN1
[Pages 18094-18095]
[FR Doc No: 2019-08492]
Request; Annual Financial and Actuarial Information Reporting
in its regulation on Annual Financial and Actuarial Information
Reporting. This notice informs the public of PBGC's request and
solicits public comment on the collection.
DATES: Comments must be submitted by May 29, 2019.
FOR FURTHER INFORMATION CONTACT: Stephanie Cibinic, Deputy Assistant
General Counsel, Regulatory Affairs Division, Office of the General
Washington DC 20005-4026; 202-326-4400, extension 6352. (TTY users may
connected to 202-326-4400, extension 6352.)
SUPPLEMENTARY INFORMATION: Section 4010 of the Employee Retirement
Income Security Act of 1974 (ERISA) and PBGC's regulation on Annual
Financial and Actuarial Information Reporting (29 CFR part 4010)
require each member of a controlled group to submit financial and
actuarial information to PBGC under certain circumstances. Section 4010
specifies that each controlled group member must provide PBGC with
certain financial information, including audited (if available) or (if
not) unaudited financial statements. Section 4010 also specifies that
the controlled group must provide PBGC with certain actuarial
information necessary to determine the liabilities and assets for all
PBGC-covered plans.
PBGC's 4010 regulation specifies the items of identifying,
financial, and actuarial information that filers must submit under
section 4010, through PBGC's secure e-4010 web-based application.
Computer-assisted analysis of this information helps PBGC to anticipate
possible major demands on the pension insurance system and to focus
PBGC resources on situations that pose the greatest risks to that
system. Because other sources of information are usually not as current
as the section 4010 information and do not reflect a plan's termination
liability, the section 4010 filing plays a major role in PBGC's ability
to protect participant and premium-payer interests.
control number 1212-0049 (expires July 31, 2019). On February 19, 2019,
PBGC published in the Federal Register (at 84 FR 4863) a notice
collection of information for
another three years. No comments were received. An agency may not
PBGC estimates that 560 controlled groups will file each year. The
total estimated annual burden of the information collection would be
approximately 532 hours and $12,871,000.
[FR Doc. 2019-08492 Filed 4-26-19; 8:45 am]