[Federal Register Volume 72, Number 88 (Tuesday, May 8, 2007)]
[Notices]
[Page 26184]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-8708]
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PENSION BENEFIT GUARANTY CORPORATION
Proposed Submission of Information Collection for OMB Review;
Comment Request; Reconsideration of Initial Determinations
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Notice of intention to request OMB approval.
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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 collection of information under its
regulation on Rules for Administrative Review of Agency Decisions. This
notice informs the public of PBGC's intent and solicits public comment
on the collection of information.
DATES: Comments should be submitted by July 9, 2007.
ADDRESSES: Comments may be submitted by any of the following methods:
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the Web site instructions for submitting comments.
E-mail: [email protected].
Fax: 202-326-4224.
Mail or Hand Delivery: Legislative and Regulatory
Department, Pension Benefit Guaranty Corporation, 1200 K Street, NW.,
Washington, DC 20005-4026. Comments received will be posted to
http:www.pbgc.gov.
Copies of the collection of information may also be obtained without
charge by writing to the Disclosure Division of the Office of the
General Counsel of PBGC at the above address or by visiting the
Disclosure Division or calling 202-326-4040 during normal business
hours. (TTY and TDD users may call the Federal relay service toll-free
at 1-800-877-8339 and ask to be connected to 202-326-4040.) PBGC's
regulation on Administrative Appeals may be accessed on PBGC's Web site
at http://www.pbgc.gov.
FOR FURTHER INFORMATION CONTACT: Donald McCabe, Attorney, or Catherine
B. Klion, Manager, Regulatory and Policy Division, Legislative and
Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K
Street, NW., Washington, DC 20005-4026, 202-326-4024. (For TTY and TDD,
call 800-877-8339 and request connection to 202-326-4024).
SUPPLEMENTARY 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 the PBGC and
the procedures for requesting and obtaining review of initial
determinations through reconsideration or appeal. Subpart A of the
regulation specifies which initial determinations are subject to
reconsideration. Subpart C prescribes rules on who may request
reconsideration, when to make such a request, where to submit it, form
and content of reconsideration requests, and other matters relating to
reconsiderations.
Any person aggrieved by an initial determination of PBGC under
Sec. 4003.1(b)(1) (determinations that a plan is covered by section
4021 of ERISA), Sec. 4003.1(b)(2) (determinations concerning premiums,
interest, and late payment penalties under section 4007 of ERISA),
Sec. 4003.1(b)(3) (determinations concerning voluntary terminations),
or Sec. 4003.1(b)(4) (determinations concerning allocation of assets
under section 4044 of ERISA) may request reconsideration of the initial
determination. 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.
PBGC intends to request that OMB approve this collection of
information for 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 estimates that an average of 940 appellants per year will
respond to this collection of information. PBGC further estimates that
the average annual burden of this collection of information is 0.35
hours and $545 per person, with an average total annual burden of 329
hours and $512,219.
PBGC is soliciting public comments to--
Evaluate whether the collection of information is
necessary 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 collection of information, including the validity of the
methodology 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, this 2nd day of May 2007.
John H. Hanley,
Director, Legislative and Regulatory Department, Pension Benefit
Guaranty Corporation.
[FR Doc. E7-8708 Filed 5-7-07; 8:45 am]
BILLING CODE 7709-01-P