Notice2021-13428
Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Quarterly Survey of Public Pensions
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
June 24, 2021
Issuing agencies
Commerce DepartmentCensus Bureau
Abstract
The Department of Commerce, in accordance with the Paperwork Reduction Act (PRA) of 1995, invites the general public and other Federal agencies to comment on proposed, and continuing information collections, which helps us assess the impact of our information collection requirements and minimize the public's reporting burden. The purpose of this notice is to allow for 60 days of public comment on the proposed extension of the Quarterly Survey of Public Pensions prior to the submission of the information collection request (ICR) to OMB for approval.
Full Text
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<title>Federal Register, Volume 86 Issue 119 (Thursday, June 24, 2021)</title>
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[Federal Register Volume 86, Number 119 (Thursday, June 24, 2021)]
[Notices]
[Pages 33217-33218]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-13428]
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DEPARTMENT OF COMMERCE
Census Bureau
Agency Information Collection Activities; Submission to the
Office of Management and Budget (OMB) for Review and Approval; Comment
Request; Quarterly Survey of Public Pensions
AGENCY: Census Bureau, Commerce.
ACTION: Notice of information collection, request for comment.
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SUMMARY: The Department of Commerce, in accordance with the Paperwork
Reduction Act (PRA) of 1995, invites the general public and other
Federal agencies to comment on proposed, and continuing information
collections, which helps us assess the impact of our information
collection requirements and minimize the public's reporting burden. The
purpose of this notice is to allow for 60 days of public comment on the
proposed extension of the Quarterly Survey of Public Pensions prior to
the submission of the information collection request (ICR) to OMB for
approval.
DATES: To ensure consideration, comments regarding this proposed
information collection must be received on or before August 23, 2021.
ADDRESSES: Interested persons are invited to submit written comments by
email to <a href="/cdn-cgi/l/email-protection#f1a5999e9c9082dfbbdfa29c988599b192949f828482df969e87"><span class="__cf_email__" data-cfemail="a0f4c8cfcdc1d38eea8ef3cdc9d4c8e0c3c5ced3d5d38ec7cfd6">[email protected]</span></a>. Please reference Quarterly Survey
of Public Pensions in the subject line of your comments. You may also
submit comments, identified by Docket Number USBC-2021-0014, to the
Federal e-Rulemaking Portal: <a href="http://www.regulations.gov">http://www.regulations.gov</a>. All comments
received are part of the public record. No comments will be posted to
<a href="http://www.regulations.gov">http://www.regulations.gov</a> for public viewing until after the comment
period has closed. Comments will generally be posted without change.
All Personally Identifiable Information (for example, name and address)
voluntarily submitted by the commenter may be publicly accessible. Do
not submit Confidential Business Information or otherwise sensitive or
protected information. You may submit attachments to electronic
comments in Microsoft Word, Excel, or Adobe PDF file formats.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
specific questions related to collection activities should be directed
to Phillip Vidal, Chief, Pensions Statistics Branch, Economy-Wide
Statistics Division, U.S. Census Bureau, Headquarters, Washington, DC
20233; email: <a href="/cdn-cgi/l/email-protection#f989919095959089d794d78f909d9895b99a9c978a8c8ad79e968f"><span class="__cf_email__" data-cfemail="02726a6b6e6e6b722c6f2c746b66636e4261676c7177712c656d74">[email protected]</span></a>; 301.763.1749.
SUPPLEMENTARY INFORMATION:
I. Abstract
The Census Bureau plans to request clearance for the form necessary
to conduct the Quarterly Survey of Public Pensions. The quarterly
survey was initiated by the Census Bureau in 1968 at the request of
both the Council of Economic Advisers and the Federal Reserve Board.
The Quarterly Survey of Public Pensions currently provides national
summary data on the asset holdings of the largest pension systems of
state and local governments.
These data are used by the Federal Reserve Board to track the
public sector portion of the Flow of Funds Accounts. Economists and
public policy analysts use these data to assess general economic
conditions and state and local government financial activities.
Data are collected from a panel of defined benefit plans of the 100
largest state and local government pension systems as determined by
their total cash and security holdings reported in the 2012 Census of
Governments. The defined benefit plans of these 100 largest pension
systems comprise 87.2 percent of financial activity among such
entities, based on the 2012 Census of Governments.
II. Method of Collection
Survey data are collected through the Census Bureau's web
collection system that enables public entities to respond to the
questionnaire via the internet.
[[Page 33218]]
The questionnaire is available online for respondents to print when
they choose to mail or fax. Most respondents choose to report their
data online. In addition to reporting current quarter data, respondents
may provide initial data for the previous seven quarters or submit
revisions to their data submitted in the previous seven quarters.
Data are received each quarter from 70 to 80 percent of the systems
canvassed. In those instances when we are not able to obtain a
response, we conduct follow-up operations using email and phone calls.
Imputations are developed for each of the remaining nonresponse systems
in the panel from the latest available data.
III. Data
OMB Control Number: 0607-0143.
Form Number(s): F-10.
Type of Review: Regular submission, Request for an Extension,
without Change, of a Currently Approved Collection.
Affected Public: State and locally-administered public pension
plans.
Estimated Number of Respondents: 100.
Estimated Time per Response: 45 minutes.
Estimated Total Annual Burden Hours: 300.
Estimated Total Annual Cost to Public: $0. (This is not the cost of
respondents' time, but the indirect costs respondents may incur for
such things as purchases of specialized software or hardware needed to
report, or expenditures for accounting or records maintenance services
required specifically by the collection.)
Respondent's Obligation: Voluntary.
Legal Authority: Title 13 U.S.C. Section 161 and 182.
IV. Request for Comments
We are soliciting public comments to permit the Department/Bureau
to: (a) Evaluate whether the proposed information collection is
necessary for the proper functions of the Department, including whether
the information will have practical utility; (b) Evaluate the accuracy
of our estimate of the time and cost burden for this proposed
collection, including the validity of the methodology and assumptions
used; (c) Evaluate ways to enhance the quality, utility, and clarity of
the information to be collected; and (d) Minimize the reporting burden
on those who are to respond, including the use of automated collection
techniques or other forms of information technology.
Comments that you submit in response to this notice are a matter of
public record. We will include, or summarize, each comment in our
request to OMB to approve this ICR. Before including your address,
phone number, email address, or other personal identifying information
in your comment, you should be aware that your entire comment--
including your personal identifying information--may be made publicly
available at any time. While you may ask us in your comment to withhold
your personal identifying information from public review, we cannot
guarantee that we will be able to do so.
Sheleen Dumas,
Department PRA Clearance Officer, Office of the Chief Information
Officer, Commerce Department.
[FR Doc. 2021-13428 Filed 6-23-21; 8:45 am]
BILLING CODE 3510-07-P
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