PAYMENT OF PREMIUMS

ICR 198503-1212-001

OMB: 1212-0009

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
121624 Migrated
ICR Details
1212-0009 198503-1212-001
Historical Active 198411-1212-001
PBGC
PAYMENT OF PREMIUMS
Revision of a currently approved collection   No
Regular
Approved without change 03/26/1985
Retrieve Notice of Action (NOA) 03/01/1985
This paperwork is approved with the change in the burden hour estimate agreed to by PBGC. The burden hour estimate has been increased by 1,432 hours to reflect an anticipated need for some plan administrator to file reconciliation statements under the new accelerated premium payment process.
  Inventory as of this Action Requested Previously Approved
03/31/1988 03/31/1988 01/31/1988
92,387 0 88,000
30,765 0 29,333
0 0 0

THIS AMENDMENT WILL CHANGE THE PREMIUM FILING AND PAYMENT DUE DATE FOR LARGER PLANS (THOSE WITH 500 OR MORE PARTICIPANTS) FROM THE LAST DAY OF THE SEVENTH MONTH IN A PLAN YEAR TO THE LAST DAY OF THE SECOND MONT BRINGING PBGC PRACTICES MORE IN LINE WITH INSURANCE INDUSTRY PRACTICES

None
None


No

1
IC Title Form No. Form Name
PAYMENT OF PREMIUMS PBGC-1

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 92,387 88,000 0 4,387 0 0
Annual Time Burden (Hours) 30,765 29,333 0 1,432 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
03/01/1985


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