Termination of Single Employer Plans

ICR 201312-1212-001

OMB: 1212-0036

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2013-12-20
IC Document Collections
IC ID
Document
Title
Status
13567 Modified
ICR Details
1212-0036 201312-1212-001
Historical Active 201211-1212-001
PBGC
Termination of Single Employer Plans
Revision of a currently approved collection   No
Regular
Approved without change 02/06/2014
Retrieve Notice of Action (NOA) 12/20/2013
  Inventory as of this Action Requested Previously Approved
02/28/2017 36 Months From Approved 02/28/2014
1,430 0 1,379
1,667 0 2,161
2,761,201 0 3,098,441

Plan administrators of plans terminating voluntarily must submit certain information to the PBGC and provide certain information to affected third parties. The PBGC needs the information required to be submitted to ensure that a voluntary termination if completed in accordance with statutory and regulatory requirements and to facilitate the payment of benefits to missing participants. Participants need the information required to be disclosed so that they will be informed about the status of the proposed termination of their plan and about their benefits upon termination.

US Code: 29 USC 1341 Name of Law: null
   US Code: 29 USC 1350 Name of Law: null
  
None

Not associated with rulemaking

  78 FR 55121 09/09/2013
78 FR 77171 12/20/2013
No

1
IC Title Form No. Form Name
Termination of Single Employer Plans Forms 500 to 502, Forms 600 to 602, Schedule MP (missing participant) Standard termination forms ,   Distress termination forms ,   Schedule MP

  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 1,430 1,379 0 0 51 0
Annual Time Burden (Hours) 1,667 2,161 0 0 -494 0
Annual Cost Burden (Dollars) 2,761,201 3,098,441 0 0 -337,240 0
No
No

$838,161
No
No
No
No
No
Uncollected
Catherine Klion 202 326-4024

  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.
12/20/2013


© 2024 OMB.report | Privacy Policy