Qualified Domestic Relations Orders submitted to the PBGC

Forms and Documents

Document Name	Status
Supporting Statement QDRO Final.doc Supporting Statement A	2012-08-24

IC Document Collections

IC ID	Document Title	Status
43802	Qualified Domestic Relations Orders submitted to the PBGC Instruction	Modified

ICR Details

OMB Control No: 1212-0054	ICR Reference No: 201208-1212-002
Status: Historical Active	Previous ICR Reference No: 200907-1212-001
Agency/Subagency: PBGC	Agency Tracking No:
Title: Qualified Domestic Relations Orders submitted to the PBGC
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 10/19/2012
	Date Received in OIRA: 08/24/2012
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2015	36 Months From Approved	10/31/2012
Responses	1,361	0	895
Time Burden (Hours)	4,138	0	2,105
Cost Burden (Dollars)	870,400	0	495,060

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Abstract: PBGC is requesting an extension of approval of the information collection under its booklet, Qualified Domestic Relations Orders & PBGC. PBGC needs the information contained in qualified domestic relations orders (QDROs) in order to provide benefits to alternate payees in compliance with the requirements of Title I of ERISA. An alternate payee is required to provide this information in order to obtain benefits.

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Authorizing Statute(s): US Code: 29 USC 1056 Name of Law: ERISA
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 33497	06/06/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 51582	08/24/2012
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Qualified Domestic Relations Orders submitted to the PBGC

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ICR Summary of Burden

	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	1,361	895	0	0	466	0
Annual Time Burden (Hours)	4,138	2,105	0	0	2,033	0
Annual Cost Burden (Dollars)	870,400	495,060	0	0	375,340	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $254,994

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 08/24/2012

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