Supporting Statement Part B for Paperwork Reduction Act Submission
AGENCY: Pension Benefit Guaranty Corporation
TITLE: Survey of Nonparticipating Single Premium Group Annuity Rates
STATUS: Request for regular review and extension of currently approved collection (OMB control number 1212-0030; expires March 31, 2012)
CONTACT: Catherine B. Klion or Thomas H. Gabriel (202 326-4024)
Part B. Collections of Information Employing Statistical Methods
1. Potential respondent universe and any sampling or other respondent selection methods to be used.
The collection is designed as a census of virtually the entire universe of insurance companies that provide single premium annuities. The ACLI distributes the survey forms to insurance companies most, or all, of which are members of the ACLI and which are or may be active in the deferred annuity market or the immediate annuity market. According to the ACLI, its members account for 95% of all annuity considerations (annuity considerations are payments that policyholders make to annuities; see, http://www.acli.com/Tools/Pages/Glossary.aspx). Because the collection is a census of all or virtually all the relevant universe, sampling methods are not employed. ACLI conducts, as needed, follow-up efforts to encourage responses from insurance companies that do not initially respond.
| File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
| File Title | I:\regulatory\RM\Paperwork\ACLI_30\Rollover |
| Author | Jo Amato Burns |
| File Modified | 0000-00-00 |
| File Created | 2021-01-31 |