Notice of Insolvency (29 CFR Part 4245)

ICR 201402-1212-004

OMB: 1212-0033

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2014-06-11
IC Document Collections
IC ID
Document
Title
Status
13555
Modified
ICR Details
1212-0033 201402-1212-004
Historical Active 201101-1212-014
PBGC
Notice of Insolvency (29 CFR Part 4245)
Extension without change of a currently approved collection   No
Regular
Approved with change 06/13/2014
Retrieve Notice of Action (NOA) 03/28/2014
  Inventory as of this Action Requested Previously Approved
06/30/2017 36 Months From Approved 06/30/2014
2,598 0 2,598
1 0 1
1,788 0 2,740

These notices, mandated by section 4245(e) of the Employee Retirement Income Security Act of 1974 and 29 CFR Part 2674, provide information PBGC needs to estimate cash requirements for financial assistance to troubled mutliemployer pension plans, and other interested parties need for financial planning or to bargain over contribution increases. Multiemployer plans in reorganization that are or may become insolvent give these notices.

US Code: 29 USC 1441 Name of Law: ERISA
  
None

Not associated with rulemaking

  78 FR 72128 12/02/2013
79 FR 15361 03/19/2014
No

1
IC Title Form No. Form Name
Notice of Insolvency (29 CFR Part 4245)

  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 2,598 2,598 0 0 0 0
Annual Time Burden (Hours) 1 1 0 0 0 0
Annual Cost Burden (Dollars) 1,788 2,740 0 0 -952 0
No
No

$558
No
No
No
No
No
Uncollected
Donald McCabe 202-326-4223 ext. 3872 [email protected]

  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.
03/28/2014


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