Missing participants

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form Form MP-300 and Sc Missing participants - non-covered plans	Form	New	Repair queued
Form Form MP-400 and Sc Missing participants - covered plans	Form	New	Available
Supporting Statement MPP 2016.pdf	Supporting Statement A	Uploaded 2016-08-01	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
222753	Missing participants - non-covered plans	Form	New
222752	Missing participants - covered plans	Form	New

ICR Details

OMB Control No: 1212-0069	ICR Reference No: 201607-1212-002
Status: Historical Inactive	Previous ICR Reference No:
Agency/Subagency: PBGC	Agency Tracking No:
Title: Missing participants
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: Comment filed on proposed rule	Conclusion Date: 12/13/2016
	Date Received in OIRA: 09/20/2016
Terms of Clearance: In accordance with 5 CFR 1320, the information collection is not approved at this time. Prior to publication of the final rule, the agency should provide to OMB a summary of all comments received on the proposed information collection and identify any changes made in response to these comments.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date		36 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 missing participants program is a program to hold retirement benefits for missing participants and beneficiaries in terminated retirement plans and help them find and receive the benefits being held for them. The program covers single-employer defined benefit plans covered by title IV of ERISA; defined contribution plans; certain small plans of professional service employers; and multiemployer plans covered by title IV.

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Authorizing Statute(s): US Code: 29 USC 1350 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:
1212-AB13	Proposed rulemaking	81 FR 64700	09/20/2016

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

table that charts list of burden

IC Title	Form No.	Form Name
Missing participants - non-covered plans	Form MP-300 and Schedules A and B, Form MP-200 and Schedules A and B	Missing Participants Program Plan Information for PBGC Non-Insured DB Plans ,   Missing Participants Program Plan Information for Defined Contribution Plans
Missing participants - covered plans	Form MP-400 and Schedules A and B, Form M-MP-100 and Schedules A and B	Missing Participants Program Plan Information for PBGC-Insured Multiemployer Defined Benefit Plans ,   Missing Participants Program Plan information for PBGC-Insured Single-Employer Plans

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

Burden Increase Due to: Changing Regulations

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

Burden Reduction Due to:

Short Statement: This is a new collection.

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Annual Cost to Federal Government: $0

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: 09/20/2016

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