Notice2024-22110
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
September 26, 2024
Issuing agencies
Pension Benefit Guaranty Corporation
Abstract
The Pension Benefit Guaranty Corporation (PBGC) is requesting that the Office of Management and Budget (OMB) approve, under the Paperwork Reduction Act, of 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 request and solicits public comment on the collection of information.
Full Text
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<title>Federal Register, Volume 89 Issue 187 (Thursday, September 26, 2024)</title>
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[Federal Register Volume 89, Number 187 (Thursday, September 26, 2024)]
[Notices]
[Pages 78918-78919]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-22110]
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PENSION BENEFIT GUARANTY CORPORATION
Submission of Information Collection for OMB Review; Comment
Request; Historical Pension Plan Tracing Service Intake Information
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Notice of request for approval of information collection.
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SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is requesting
that the Office of Management and Budget (OMB) approve, under the
Paperwork Reduction Act, of 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 request and solicits public comment on the
collection of information.
DATES: Comments must be submitted on or before October 28, 2024.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
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.
A copy of the request will be posted on PBGC's website at <a href="https://www.pbgc.gov/prac/laws-and-regulation/federal-register-notices-open-for-comment">https://www.pbgc.gov/prac/laws-and-regulation/federal-register-notices-open-for-comment</a>. It may also be obtained without charge by writing to the
Disclosure Division (<a href="/cdn-cgi/l/email-protection#6c08051f0f00031f191e092c1c0e0b0f420b031a"><span class="__cf_email__" data-cfemail="3e5a574d5d52514d4b4c5b7e4e5c595d10595148">[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#741b101b1a1a1118185a191b1a1d171534041613175a131b02"><span class="__cf_email__" data-cfemail="234c474c4d4d464f4f0d4e4c4d4a404263534144400d444c55">[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
[[Page 78919]]
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, email address, and the inquirer's
name and relationship to participant if the inquirer it is not the
participant; 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; and any addition
information about the employer or pension plan that would aid in plan
tracing, including listing any documents the participant has related to
the pension plan. 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.
On July 22, 2024, PBGC published in the Federal Register (at 89 FR
59172) a notice informing the public of its intent to request approval
of this collection of information. No comments were received. PBGC is
requesting that OMB approve the collection of information 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 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.
Issued in Washington, DC.
Hilary Duke,
Assistant General Counsel for Regulatory Affairs, Pension Benefit
Guaranty Corporation.
[FR Doc. 2024-22110 Filed 9-25-24; 8:45 am]
BILLING CODE 7709-02-P
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