On the Road to Retirement Surveys

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form Mail/Telephone APS Mail/Telephone APS Interview	Form and Instruction	New	Repair queued
Form Internet APS Follo Internet APS Follow-Up Interview	Form and Instruction	New	Repair queued
Form Internet APS Basel Internet APS Baseline Interview	Form and Instruction	New	Repair queued
Form Mail/Telephone AIS Mail/Telephone AIS Interview	Form and Instruction	New	Available
Form Internet AIS Inter Internet AIS Interview	Form and Instruction	New	Available
Form Mail/Telephone AIS Mail/Telephone AIS Interview	Form and Instruction	New	Repair queued
Form Internet AIS Inter Internet AIS Interview	Form and Instruction	New	Available
Form Mail/Telephone IPS Mail/Telephone IPS Interview	Form and Instruction	New	Available
Form Internet IPS Follo Internet IPS Follow-Up Interview	Form and Instruction	New	Repair queued
Form Internet IPS Basel Internet IPS Baseline Interview	Form and Instruction	New	Available
Form Pre-Survey Pre-Survey	Form and Instruction	New	Repair queued
TIAA Comment on Road to Retirement.pdf	Public Comments	Uploaded 2016-04-29	Repair queued
SIFMA Letter - DOL Household Survey 2016-04315.pdf	Public Comments	Uploaded 2016-04-29	Repair queued
ICI Comment Letter to DOL 2016 04 29.pdf	Public Comments	Uploaded 2016-04-29	Repair queued
Chamber of Commerce Comment on Road to Retirement.pdf	Public Comments	Uploaded 2016-04-29	Repair queued
Supporting Statement Part B - Road to Retirement 4_10_2017.docx	Supporting Statement B	Uploaded 2017-04-14	Available
Supporting Statement Part A - Road to Retirement 4_10_2017.docx	Supporting Statement A	Uploaded 2017-04-24	Available
CEO part B review certification.pdf	Supplementary Document	Uploaded 2017-04-10	Repair queued
Appendix 1 - Road to Retirement 4_10_2017.xlsx	Supplementary Document	Uploaded 2017-04-10	Repair queued
Appendix 17 - Road to Retirement 4_10_2017.docx	Supplementary Document	Uploaded 2017-04-10	Available
Appendix 6 - Road to Retirement 4_10_2017.docx	Supplementary Document	Uploaded 2017-04-10	Available
Appendix 5 - Road to Retirement 4_10_2017.docx	Supplementary Document	Uploaded 2017-04-10	Available
Appendix 4 - Road to Retirement 4_10_2017.docx	Supplementary Document	Uploaded 2017-04-10	Repair queued
Appendix 3 - Road to Retirement 4_10_2017.docx	Supplementary Document	Uploaded 2017-04-10	Repair queued
Appendix 2 - Road to Retirement 4_10_2017.docx	Supplementary Document	Uploaded 2017-04-10	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
220103	Year 2 Survey	Form and Instruction	New	Mail/Telephone APS Interview
220103	Year 2 Survey	Form and Instruction	New	Internet APS Follow-Up Interview
220103	Year 2 Survey	Form and Instruction	New	Internet APS Baseline Interview
220103	Year 2 Survey	Form and Instruction	New	Mail/Telephone AIS Interview
220103	Year 2 Survey	Form and Instruction	New	Internet AIS Interview
220102	Year 1 Survey	Form and Instruction	New	Mail/Telephone AIS Interview
220102	Year 1 Survey	Form and Instruction	New	Internet AIS Interview
220102	Year 1 Survey	Form and Instruction	New	Mail/Telephone IPS Interview
220102	Year 1 Survey	Form and Instruction	New	Internet IPS Follow-Up Interview
220102	Year 1 Survey	Form and Instruction	New	Internet IPS Baseline Interview
220100	Pre-Test/Pre-Survey	Form and Instruction	New	Pre-Survey
220100	Pre-Test/Pre-Survey	Instruction	New

ICR Details

OMB Control No:	ICR Reference No: 201412-1210-007
Status: Historical Inactive	Previous ICR Reference No:
Agency/Subagency: DOL/EBSA	Agency Tracking No:
Title: On the Road to Retirement Surveys
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Withdrawn	Conclusion Date: 09/10/2017
Retrieve Notice of Action (NOA)	Date Received in OIRA: 04/27/2017
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date		30 Months From Approved
Responses	0	0	0
Time Burden (Hours)	0	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The Department is planning to undertake a long-term research study to develop a panel that will track U. S. households over several years in order to collect data and answer important research questions on how retirement planning strategies and decisions evolve over time. Relatively little is known about how people make planning and financial decisions before and during retirement. A major hurdle to retirement research is the lack of data on how people make these decisions related to retirement. Gaining insight into Americans' decision-making processes and experiences will provide policy-makers and the research community with valuable information that can be used to guide future policy and research. This investigation will explore a set of research questions on retirement savings, investment, and drawdown behavior by conducting a study that tracks retirees and future retirees over an extended period. Responses to survey questions on retirement planning and financial advising will be compared to data extracted from submitted documents to assess how well observed financial outcomes match up to household reports of such items as contributions and investment allocations. The data on observed outcomes will be combined with survey responses on planning methods and strategies to perform a cross-sectional analysis, conditional on other respondent attributes. Multiple waves of data drawn from various surveys will be utilized to analyze how behavior evolves over time.

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Authorizing Statute(s): US Code: 29 USC 1143 Name of Law: Employee Retirement Income Security Act
  

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:
	81 FR 10280	02/29/2016
30-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 19391	04/27/2017
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 3

table that charts list of burden

IC Title	Form No.	Form Name
Pre-Test/Pre-Survey	Pre-Survey	Pre-Survey
Year 1 Survey	Internet IPS Baseline Interview, Internet IPS Follow-Up Interview, Mail/Telephone IPS Interview, Internet AIS Interview, Mail/Telephone AIS Interview	Internet IPS Baseline Interview ,   Internet IPS Follow-Up Interview ,   Mail/Telephone IPS Interview ,   Internet AIS Interview ,   Mail/Telephone AIS Interview
Year 2 Survey	Internet AIS Interview, Mail/Telephone AIS Interview, Internet APS Baseline Interview, Internet APS Follow-Up Interview, Mail/Telephone APS Interview	Internet AIS Interview ,   Mail/Telephone AIS Interview ,   Internet APS Baseline Interview ,   Internet APS Follow-Up Interview ,   Mail/Telephone APS Interview

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Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: This is a new data collection associated with a research project.

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Annual Cost to Federal Government: $1,242,239

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

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: 04/27/2017

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