Termination of Multiemployer Plans (29 CFR Part 4041A)

ICR 201807-1212-001

OMB: 1212-0020

Federal Form Document

Forms and Documents
IC Document Collections
IC ID
Document
Title
Status
13529 Modified
ICR Details
1212-0020 201807-1212-001
Historical Active 201509-1212-004
PBGC
Termination of Multiemployer Plans (29 CFR Part 4041A)
Revision of a currently approved collection   No
Regular
Approved without change 11/08/2018
Retrieve Notice of Action (NOA) 09/11/2018
  Inventory as of this Action Requested Previously Approved
11/30/2021 36 Months From Approved 11/30/2018
1,000 0 1,011
69 0 17
50,000 0 3,850

Plan sponsors of terminating multiemployer pension plans give notices to PBGC about plan terminations and to plan participants about electing benefit options, and apply to PBGC for permission to pay lump sums greater than $1,750 or to pay nonvested plan benefits. PBGC uses information submitted to it to assess the likelihood of benefit reductions or suspensions and risks to PBGC and participants and to estimate the need for financial assistance to plans. Participants use information sent to them to make personal financial decisions.

US Code: 29 USC 1341a Name of Law: ERISA
  
None

Not associated with rulemaking

  83 FR 31574 07/06/2018
83 FR 45996 09/11/2018
No

1
IC Title Form No. Form Name
Termination of Multiemployer Plans (29 CFR Part 4041A) 001 Notice of Termination

  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 1,000 1,011 0 0 -11 0
Annual Time Burden (Hours) 69 17 0 0 52 0
Annual Cost Burden (Dollars) 50,000 3,850 0 0 46,150 0
No
No

$0
No
    No
    No
No
No
No
Uncollected
Hilary Duke 202 326-4000 ext. 3839 [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.
09/11/2018


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