Notice2024-16001
Proposed Submission of Information Collection for OMB Review; Comment Request; Historical Pension Plan Tracing Service Intake Information
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
July 22, 2024
Issuing agencies
Pension Benefit Guaranty Corporation
Abstract
The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) approve, under the Paperwork Reduction Act, a new collection of information. The purpose of the information collection is to obtain information that the Office of the PBGC Participant and Plan Sponsor Advocate requires from the public to conduct its pension plan tracing service. This notice informs the public of PBGC's intent and solicits public comment on the collection of information.
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 140 (Monday, July 22, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 140 (Monday, July 22, 2024)]
[Notices]
[Pages 59172-59173]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-16001]
=======================================================================
-----------------------------------------------------------------------
PENSION BENEFIT GUARANTY CORPORATION
Proposed Submission of Information Collection for OMB Review;
Comment Request; Historical Pension Plan Tracing Service Intake
Information
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Notice of intent to request OMB approval of information
collection.
-----------------------------------------------------------------------
SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) intends to
request that the Office of Management and Budget (OMB) approve, under
the Paperwork Reduction Act, a new collection of information. The
purpose of the information collection is to obtain information that the
Office of the PBGC Participant and Plan Sponsor Advocate requires from
the public to conduct its pension plan tracing service. This notice
informs the public of PBGC's intent and solicits public comment on the
collection of information.
DATES: Comments must be submitted on or before September 20, 2024.
ADDRESSES: Comments may be submitted by any of the following methods:
<bullet> Federal eRulemaking Portal: <a href="http://www.regulations.gov">http://www.regulations.gov</a>.
Follow the instructions for submitting comments.
[[Page 59173]]
<bullet> Email: <a href="/cdn-cgi/l/email-protection#a5d5c4d5c0d7d2cad7ce8bc6cac8c8c0cbd1d6e5d5c7c2c68bc2cad3"><span class="__cf_email__" data-cfemail="ec9c8d9c899e9b839e87c28f8381818982989fac9c8e8b8fc28b839a">[email protected]</span></a>. Refer to Pension Plan
Tracing Service in the subject line.
<bullet> Mail or Hand Delivery: Regulatory Affairs Division, Office
of the General Counsel, Pension Benefit Guaranty Corporation, 445 12th
Street SW, Washington, DC 20024-2101.
Commenters are strongly encouraged to submit comments
electronically. Commenters who submit comments on paper by mail should
allow sufficient time for mailed comments to be received before the
close of the comment period.
All submissions received must include the agency's name (Pension
Benefit Guaranty Corporation, or PBGC) and refer to the Pension Plan
Tracing Service. All comments received will be posted without change to
PBGC's website, <a href="http://www.pbgc.gov">www.pbgc.gov</a>, including any personal information
provided. Do not submit comments that include any personally
identifiable information or confidential business information.
Copies of the collection of information may be obtained without
charge by writing to the Disclosure Division, (<a href="/cdn-cgi/l/email-protection#86e2eff5e5eae9f5f3f4e3c6f6e4e1e5a8e1e9f0"><span class="__cf_email__" data-cfemail="9efaf7edfdf2f1edebecfbdeeefcf9fdb0f9f1e8">[email protected]</span></a>),
Office of the General Counsel, Pension Benefit Guaranty Corporation,
445 12th Street SW, Washington, DC 20024-2101; or, calling 202-229-4040
during normal business hours. If you are deaf or hard of hearing, or
have a speech disability, please dial 7-1-1 to access
telecommunications relay services.
FOR FURTHER INFORMATION CONTACT: Monica O'Donnell
(<a href="/cdn-cgi/l/email-protection#58373c3736363d343476353736313b3918283a3f3b763f372e"><span class="__cf_email__" data-cfemail="8ce3e8e3e2e2e9e0e0a2e1e3e2e5efedccfceeebefa2ebe3fa">[email protected]</span></a>), Attorney, Regulatory Affairs Division,
Office of the General Counsel, Pension Benefit Guaranty Corporation,
445 12th Street SW, Washington, DC 20024-2101; 202-229-8706. If you are
deaf or hard of hearing, or have a speech disability, please dial 7-1-1
to access telecommunications relay services.
SUPPLEMENTARY INFORMATION: The Office of the PBGC Participant and Plan
Sponsor Advocate (OPPSA) acts as a liaison between PBGC, sponsors of
defined benefit pension plans insured by PBGC, and participants in
pension plans trusteed by PBGC. OPPSA assists participants with
searching for historical pension plan information as part of its
pension plan tracing service. To conduct the tracing research, OPPSA
uses an internal pension plan tracing research dashboard, which
displays select data elements from various PBGC systems, including
annual premium filing records and case information. The information
found through OPPSA's tracing research can help participants locate
historical plan information. To perform the search, OPPSA will request
participant contact information and specific plan information. This
information includes the participant's name, phone number, and email
address; the employer's name and location; the pension plan name; the
employer identification number (EIN); the plan number (PN); the years
that the participant worked for the employer; whether the person was an
hourly, salaried, or part-time employee; any information or relevant
documentation regarding the pension plan and the inquirer's benefit;
and any other information about the employer or pension plan, such as
historical or corporate research. The collection of information is
voluntary and minimally burdensome. It will enable OPPSA to more
effectively run its pension plan tracing service and to assist
participants in locating historical plan information.
PBGC estimates that it will receive intake information from
approximately 200 participants annually and that it will take
participants 0.5 hours to complete and submit the information. The time
needed to provide the information will vary among participants
depending on what information they have readily available to them. The
total amount of burden associated with this collection of information
is estimated to be 100 hours and an estimated $0.
PBGC intends to request that OMB approve PBGC's use of this form
for 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 is soliciting public comments to--
<bullet> 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;
<bullet> 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;
<bullet> Enhance the quality, utility, and clarity of the
information to be collected; and
<bullet> 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.
Hilary Duke,
Assistant General Counsel for Regulatory Affairs, Pension Benefit
Guaranty Corporation.
[FR Doc. 2024-16001 Filed 7-19-24; 8:45 am]
BILLING CODE 7709-02-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on July 22, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.