[Federal Register: April 16, 2001 (Volume 66, Number 73)]
[Notices]
[Page 19519-19520]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16ap01-87]
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DEPARTMENT OF LABOR
Office of the Secretary
Submission for OMB Review; Comment Request
April 5, 2001.
The Department of Labor (DOL) has submitted the following public
information collection requests (ICRs) to the Office of Management and
Budget (OMB) for review and approval in accordance with the Paperwork
Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. Chapter 35). A copy of
each individual ICR, with applicable supporting documentation, may be
obtained by calling the Department of Labor. To obtain documentation
for BLS, ESA, and PWBA contact Marlene Howze ((202) 693-4120 or by
email to Howze-Marlene@dol.gov). To obtain documentation for ETA, MSHA,
OSHA, and VETS contact Darrin King ((202) 693-4129 or by E-Mail to
King-Darrin@dol.gov).
Comments should be sent to Office of Information and Regulatory
Affairs, Attn: OMB Desk Officer for BLS, DM, ESA, ETA, MSHA, OSHA,
PWBA, or VETS, Office of Management and Budget, Room 10235, Washington,
DC 20503 ((202) 395-7316), within 30 days
[[Page 19520]]
from the date of this publication in the Federal Register.
The OMB is particularly interested in comments which:
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;
Evaluate the accuracy of the agency's estimate of the
burden of the proposed 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.
Type of Review: Extension of a currently approved collection.
Agency: Pension and Welfare Benefits Administration (PWBA).
Title: ERISA Technical Release 91-1; Transfer of Excess Assets From
a Defined Benefit Plan to a Retiree Health Benefits Account.
OMB Number: 1210-0084.
Affected Public: Individuals or households; business or other for-
profit; and not-for-profit institutions.
Frequency: On occasion.
Number of Respondents: 66.
Number of Annual Responses: 66.
Estimated Time Per Response: 1.7 minutes.
Total Burden Hours: 5,775.
Total Annualized Capital/Startup Costs: $0.
Total Annual Costs (operating/maintaining systems or purchasing
services): $90,950.
Description: Section 101(e) of the Employee Retirement Income
Security Act of 1974 (ERISA) sets forth certain notice requirements
which must be satisfied before an employer may transfer excess assets
from a defined benefit plan to a retiree health benefit account as
otherwise permissible after satisfying the conditions set forth in
section 420 of the Internal Revenue Code of 1986, as amended (Code).
Section 101(e) describes the plan administrator's obligation to provide
advance written notification of such transfers to participants and
beneficiaries and the employer's obligation to provide advance written
notification to the Secretaries of Labor and the Treasury, the plan
administrator, and each employee organization representing participants
in the plan. ERISA Technical Release 91-1 provides guidance on the
information to be provided in the notices to both the participants and
beneficiaries and to the Secretaries.
Ira L. Mills,
Departmental Clearance Officer.
[FR Doc. 01-9279 Filed 4-13-01; 8:45 am]
BILLING CODE 4510-29-M