2900-0492 justification

2900-0492 justification.docx

VA MATIC Authorization

OMB: 2900-0492

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SUPPORTING STATEMENT

VA FORM 29-0532-1

VAMATIC AUTHORIZATION

2900-0492



JUSTIFICATION:


1. This form is used by veterans to make automatic withdrawals from their bank accounts to pay insurance premiums. The information requested is authorized by law, 38 USC, Section 1908.


2. The data collected on this form is used by the Department of Veterans Affairs (VA) to process the policyholder’s request. This form authorizes the Department of Veterans Affairs to start a deduction from the insured’s bank account for the purpose of paying Government Life Insurance premiums.


3. VA Form 29-0532-1 is available on the One-VA web site in a fillable electronic format. VBA is currently hosting this form on a secure server and does not currently have the technology in place to allow for the complete submission of the form. Validation edits are performed to assure data integrity. Efforts within VA are underway to provide a mechanism to allow the information to be submitted electronically with a recognized signature technology. There currently is no utility process in place that will allow the data submitted on the form to be incorporated with an existing centralized legacy database.


4. The information is not contained in any other VA records. Similar information is not available elsewhere.


5. The information does not involve any small businesses.


6. This form is designed for use by the insurance activity to process the policyholder’s request. The collection is generally conducted only once.


7. There are no special circumstances requiring that the collection of information be conducted in a manner inconsistent with the guidelines in 5 CFR Section 1320.6.


8. The Department notice was published in the Federal Register on May 2, 2011 at pages 24567-24568. There were no comments received in response to this notice.


9. The information collected is supplied by the respondent. No remuneration is made.


10. The information collection conforms with the Privacy Act of 1974 and is subject to the conditions of disclosure contained therein. The records are maintained in the system identified as 36VA00, "Veterans and Armed Forces Personnel United States Government Life Insurance Records - VA" as contained in the Privacy Act Issuances, 1993 Compilation.


11. There are no questions of a sensitive nature.


12. We estimate that approximately 3,000 forms a year will be received. We also estimate that it will take approximately 30 minutes to complete this form. We arrived at this estimate by initiating a trial with a VA staff member unfamiliar with the form. The annual burden is 1,500 hours. Cost to reporting public is $22,500.00 (1,500 hours X $15/hour).


13. This submission does not involve any record keeping costs.


14. Cost to Government:


$2,697.00 Estimated mailing cost (3,000 X 2 minutes per

form X $15.51/hour (average salary for station

mail personnel) plus 3,000 form letters X 38.2 cents

each (presort discount)).


$1,398.00 Estimated cost for collections (3,000 X 2 minutes

per form X $13.98/hour (average salary of station

collections personnel)).


$4,958.00 Estimated cost for processing (3,000 form letters X

5 minutes per form X $19.83/hour (Average

salary for reviewers)).


$90.00 Estimated printing costs (3,000 X $30/1,000

forms).


$9,143.00 Total cost to the Government.


15. There have not been any program changes or adjustments.


16. The information is collected for insurance purposes only and there are no plans for publication.


17. The collection instrument, VA Form 29-0532-1, may be reproduced and/or stocked by the respondents and veteran service organizations. This VA form does not display an expiration date, and if required to do so would result in unnecessary waste of existing stock of this form. This form is submitted to OMB for approval every three years. As such, this date requirement would also result in an unnecessary burden on the respondents and would delay Department action on the benefit being sought. VA also seeks to minimize its cost to itself of collecting, processing and using the information by not displaying the expiration date. For the reasons stated, VA continues to seek an exemption that waives the displaying of the expiration date on this VA form.


18. There are no exceptions to the certification statement identified in Item 19 of OMB Form 83-I.


Statistical Methods


The Veterans Benefits Administration does not collect information employing statistical methods.

File Typeapplication/vnd.openxmlformats-officedocument.wordprocessingml.document
File TitleSUPPORTING STATEMENT
AuthorVeterans Benefits Administrat
File Modified0000-00-00
File Created2021-02-01

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