To provide certain actuarial and financial information to multiemployer defined benefit pension plan participants and beneficiaries, employee representatives, and any employer that has an obligation to contribute to such a plan.
US Code:
29 USC 1021(k)
Name of Law: Employee Retirement Income Securty Act of 1974
The Department has updated wage rates and plan counts to reflect inflation and changes to the economy since the last submission. The number of responses increased due to an estimated increase in demand for existing documents. These updates are responsible for the changes to the Department's hour and cost burden and response estimates.
$0
No
No
No
No
No
Uncollected
Chris Cosby 202 693-8540
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.