30 Day FRN

Federal Register / Vol. 82, No. 240 / Friday, December 15, 2017 / Notices
SF Short Form Annual Return/Report of
Small Employee Benefit Plan (Form
5500 Series), through which the
regulated public can satisfy the
combined annual reporting/filing
requirements applicable to employee
benefit plans.
PBGC is requesting that OMB extend
its approval of this collection of
information with the following changes
proposed by PBGC to the 2018 Schedule
MB (Multiemployer Defined Benefit
Plan Actuarial Information) and the
2018 Schedule SB (Single Employer
Defined Benefit Plan Actuarial
Information), and related instructions,
as described below. The two schedules
are part of the Form 5500 series.
PBGC is proposing three
modifications to the 2018 Schedule MB
instructions, one modification to the
Schedule SB instructions, and one
modification to the Schedule SB form.
These modifications affect some, but not
all, multiemployer defined benefit plans
and relatively few single-employers
defined benefit plans covered by Title
IV of ERISA. The modifications are
described in greater detail in the
supporting statement submitted to OMB
with this information collection, along
with PBGC’s rationale for each
modification.

sradovich on DSK3GMQ082PROD with NOTICES

Changes Proposed to Schedule MB
Instructions
PBGC is proposing to change the
instructions to require new attachments
in two situations:
1. Where contributions are reported as
being made to a multiemployer plan,
PBGC is proposing that for each
reported contribution, the aggregate
amount of withdrawal liability
payments included in the contribution
be reported.
2. For multiemployer plans in critical
status or critical and declining status
(i.e., where Code C or Code D is entered
on Line 4b), plans currently report the
year the plan is projected to become
insolvent or emerge from troubled status
on Line 4f. However, they are not
required to provide supporting
documentation for these projections.
PBGC is proposing that basic supporting
documentation be included as an
attachment to Line 4f unless the plan is
projected to emerge from critical status
within 30 years.
3. The current instructions are unclear
about which year should be entered in
line 4f if the plan is neither projected to
emerge from critical status nor become
insolvent within 30 years. PBGC
proposes that such a plan should enter
‘‘9999’’ in line 4f in this event.

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Changes Proposed to Schedule SB
Instructions and Form
With regard to the Schedule SB
instructions and form, PBGC is
proposing to change the instructions
related to an attachment that is
currently required of plans for which
the IRS has granted permission to use a
substitute mortality table. The current
instructions for Schedule SB, item 23,
reflect IRS regulations on the use of
substitute mortality tables (26 CFR
1.430(h)(3)–2) as they pertain to plan
years beginning before January 1, 2018.
Those rules have changed with respect
to plan years beginning on or after
January 1, 2018. In its 60-day notice,
PBGC proposed requiring plans to
report additional information,
consistent with IRS’ proposal to amend
its regulation, as part of the item 23
attachment.
After PBGC’s 60-day notice, the IRS
finalized its mortality table regulation,
which set forth the prescribed mortality
tables for plan years beginning in or
after 2018. Unlike the proposed rule, the
final rule provides an option to delay
use of the new mortality tables until
2019 if the plan sponsor determines that
using the new tables for 2018 would be
‘‘administratively impracticable or
would result in an adverse business
impact that is greater than de minimis.
. . .’’ As a result of this change, PBGC
is proposing an additional change to
Schedule SB, item 23 (one that was not
included in the 60-day notice), as well
as to the related instructions as
explained below.
Currently, plans check one of three
boxes on Schedule SB to indicate
whether they used one of two versions
of the prescribed mortality table or a
substitute table. Instead of having three
choices as to which mortality table is
used for 2018, plans will have six
choices: Three options if they delay the
use of the new tables and three options
if they do not delay. For this reason,
PBGC is proposing that six checkboxes
appear on the 2018 Schedule SB instead
of three.
On September 19, 2017 (82 FR 43798),
PBGC published a notice informing the
public that it intended to request OMB
approval of the modifications and
solicited public comment. PBGC
received three comments. The
comments and PBGC’s responses are
described in the supporting statement
submitted to OMB for this information
collection.
This collection of information has
been approved by OMB under control
number 1212–0057 through August 31,
2020. PBGC is requesting that OMB
extend its approval for three years with

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changes. An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a currently valid OMB
control number.
PBGC estimates that it will receive
approximately 23,900 Form 5500 and
Form 5500–SF filings per year under
this collection of information. PBGC
further estimates that the total annual
burden of this collection of information
for PBGC will be 1,300 hours and
$1,613,000.
Issued in Washington, DC.
Daniel S. Liebman,
Acting Assistant General Counsel for
Regulatory Affairs, Pension Benefit Guaranty
Corporation.
[FR Doc. 2017–27050 Filed 12–14–17; 8:45 am]
BILLING CODE 7709–02–P

OFFICE OF PERSONNEL
MANAGEMENT
Submission for Review: Application for
Refund of Retirement Deductions,
SF 3106 and Current/Former Spouse(s)
Notification of Application for Refund
of Retirement Deductions Under FERS,
SF 3106A
Office of Personnel
Management.
ACTION: 30-Day notice and request for
comments.
AGENCY:

The Retirement Services,
Office of Personnel Management (OPM)
offers the general public and other
Federal agencies the opportunity to
comment on a revised information
collection, Application for Refund of
Retirement Deductions, Federal
Employees Retirement System, SF 3106
and Current/Former Spouse’s
Notification of Application for Refund
of Retirement Deductions Under the
Federal Employees Retirement System,
SF 3106A.
DATES: Comments are encouraged and
will be accepted until January 16, 2018.
ADDRESSES: Interested persons are
invited to submit written comments on
the proposed information collection to
the Office of Information and Regulatory
Affairs, Office of Management and
Budget, 725 17th Street NW,
Washington, DC 20503, Attention: Desk
Officer for the Office of Personnel
Management or sent via electronic mail
to [email protected] or
faxed to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: A
copy of this information collection, with
applicable supporting documentation,
may be obtained by contacting the
Retirement Services Publications Team,
SUMMARY:

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59668

Federal Register / Vol. 82, No. 240 / Friday, December 15, 2017 / Notices

sradovich on DSK3GMQ082PROD with NOTICES

Office of Personnel Management, 1900 E
Street NW, Room 3316–L, Washington,
DC 20415, Attention: Cyrus S. Benson,
or sent via electronic mail to
[email protected], via telephone
by (202) 606–4808 or faxed to (202)
606–0910.
SUPPLEMENTARY INFORMATION: As
required by the Paperwork Reduction
Act of 1995 OPM is soliciting comments
for this collection. The information
collection (OMB No. 3206–0170) was
previously published in the Federal
Register on April 13, 2017, at 82 FR
17893, allowing for a 60-day public
comment period. No comments were
received for this collection. The purpose
of this notice is to allow an additional
30 days for public comments. The Office
of Management and Budget is
particularly interested in comments
that:
1. Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
2. Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
3. Enhance the quality, utility, and
clarity of the information to be
collected; and
4. Minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology,
e.g., permitting electronic submissions
of responses.
Standard Form 3106, Application for
Refund of Retirement Deductions under
FERS is used by former Federal
employees under FERS, to apply for a
refund of retirement deductions
withheld during Federal employment,
plus any interest provided by law.
Standard Form 3106A, Current/Former
Spouse(s) Notification of Application
for Refund of Retirement Deductions
under FERS, is used by refund
applicants to notify their current/former
spouse(s) that they are applying for a
refund of retirement deductions, which
is required by law.
Analysis
Agency: Retirement Operations,
Retirement Services, Office of Personnel
Management.
Title: Application for Refund of
Retirement Deductions (FERS) and
Current/Former Spouse’s Notification of
Application for Refund of Retirement

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Deductions under the Federal
Employees Retirement System.
OMB Number: 3206–0170.
Frequency: On occasion.
Affected Public: Individual or
Households.
Number of Respondents: SF 3106 =
8,000; SF 3106A = 6,400.
Estimated Time per Respondent: SF
3106 = 30 minutes; SF 3106A = 5
minutes.
Total Burden Hours: 4,533.
Office of Personnel Management.
Kathleen M. McGettigan,
Acting Director.
[FR Doc. 2017–27078 Filed 12–14–17; 8:45 am]
BILLING CODE 6325–38–P

OFFICE OF PERSONNEL
MANAGEMENT
Submission for Review: Application for
Refund of Retirement Deductions
(CSRS), SF 2802 and Current/Former
Spouse’s Notification of Application
for Refund of Retirement Deductions
Under the Civil Service Retirement
System, SF 2802A
Office of Personnel
Management.
ACTION: 30-Day notice and request for
comments.
AGENCY:

The Retirement Services,
Office of Personnel Management (OPM)
offers the general public and other
Federal agencies the opportunity to
comment on a revised information
collection, Application for Refund of
Retirement Deductions, Civil Service
Retirement System, SF 2802 and
Current/Former Spouse’s Notification of
Application for Refund of Retirement
Deductions Under the Civil Service
Retirement System, SF 2802A.
DATES: Comments are encouraged and
will be accepted until January 16, 2018.
ADDRESSES: Interested persons are
invited to submit written comments on
the proposed information collection to
the Office of Information and Regulatory
Affairs, Office of Management and
Budget, 725 17th Street NW,
Washington, DC 20503, Attention: Desk
Officer for the Office of Personnel
Management or sent via electronic mail
to [email protected] or
faxed to (202) 395–6974.
FOR FURTHER INFORMATION CONTACT: A
copy of this information collection, with
applicable supporting documentation,
may be obtained by contacting the
Retirement Services Publications Team,
Office of Personnel Management, 1900 E
Street NW, Room 3316–L, Washington,
DC 20415, Attention: Cyrus S. Benson,
SUMMARY:

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or sent via electronic mail to
[email protected], via telephone
by (202) 606–4808 or faxed to (202)
606–0910.
SUPPLEMENTARY INFORMATION: As
required by the Paperwork Reduction
Act of 1995 OPM is soliciting comments
for this collection. The information
collection (OMB No. 3206–0128) was
previously published in the Federal
Register on April 13, 2017, at 82 FR
17897, allowing for a 60-day public
comment period. No comments were
received for this collection. The purpose
of this notice is to allow an additional
30 days for public comments. The Office
of Management and Budget is
particularly interested in comments
that:
1. Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
2. Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
3. Enhance the quality, utility, and
clarity of the information to be
collected; and
4. Minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology,
e.g., permitting electronic submissions
of responses.
Standard Form 2802 is used to
support the payment of monies from the
Retirement Fund. It identifies the
applicant for refund of retirement
deductions. Standard Form 2802A is
used to comply with the legal
requirement that any spouse or former
spouse of the applicant has been
notified that the former employee is
applying for a refund.
Analysis
Agency: Retirement Operations,
Retirement Services, Office of Personnel
Management.
Title: Application for Refund of
Retirement Deductions (CSRS) and
Current/Former Spouse’s Notification of
Application for Refund of Retirement
Deductions under the Civil Service
Retirement System.
OMB Number: 3206–0128.
Frequency: On occasion.
Affected Public: Individual or
Households.
Number of Respondents: SF 2802 =
3,741; SF 2802A = 3,389.

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