EMPLOYER LIABILITY FOR SINGLE EMPLOYER PLAN TERMINATIONS, RULES PERTAINING TO WITHDRAWALS FROM AND TERMINATIONS OF PLANS TO WHICH MORE THAN ONE EMPLOYER CONTRIBUTES ....

ICR 198512-1212-001

OMB: 1212-0017

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
1212-0017 198512-1212-001
Historical Active 198212-1212-001
PBGC
EMPLOYER LIABILITY FOR SINGLE EMPLOYER PLAN TERMINATIONS, RULES PERTAINING TO WITHDRAWALS FROM AND TERMINATIONS OF PLANS TO WHICH MORE THAN ONE EMPLOYER CONTRIBUTES ....
Revision of a currently approved collection   No
Regular
Approved without change 01/03/1986
Retrieve Notice of Action (NOA) 12/02/1985
  Inventory as of this Action Requested Previously Approved
12/31/1988 12/31/1988 12/31/1985
73 0 100
1,752 0 2,400
0 0 0

WHEN A PENSION PLAN TERMINATES WITH ASSETS INSUFFICIENT TO PAY BENEFIT GUARANTEED BY PBGC, THE EMPLOYER IS LIABLE FOR THE INSUFFICIENCY, UP TO 30 PERCENT OF NET WORTH. IF THE NET WORTH LIMITATION IS CLAIMED, THE EMPLOYER MUST SUBMIT NET WORTH INFORMATION SO THAT PBGC MAY CALCULATE THE AMOUNT OF EMPLOYER LIABILITY.

None
None


No

  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 73 100 0 0 -27 0
Annual Time Burden (Hours) 1,752 2,400 0 0 -648 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
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.
12/02/1985


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