ACH Vendor/Miscellaneous Payment Enrollment Form

Forms and Documents

Document	Type	Status	Availability
Form SF 3881 ACH Vendor/Miscellaneous Pyment Enrollment Form	Form and Instruction	New	Repair queued

IC Document Collections

IC ID	Collection	Type	Status	Form
247160	ACH Vendor/Miscellaneous Pyment Enrollment Form	Form and Instruction	New

ICR Details

OMB Control No: 1530-0069	ICR Reference No: 202105-1212-001CF
Status: Received in OIRA	Previous ICR Reference No:
Agency/Subagency: PBGC	Agency Tracking No:
Title: ACH Vendor/Miscellaneous Payment Enrollment Form
Type of Information Collection: RCF New	Common Form ICR:
Type of Review Request:	Date Submitted to OIRA: 05/15/2021

	Requested	Previously Approved
Expiration Date
Responses	68	0
Time Burden (Hours)	17	0
Cost Burden (Dollars)	0	0

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Abstract:

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Authorizing Statute(s): US Code: 29 USC 1361 Name of Law: Amounts payable by corporation
   PL: Pub.L. 117 - 2 9704 Name of Law: Special Financial Assistance Program for Financially Troubled Multiemployer Plans
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR?

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
ACH Vendor/Miscellaneous Pyment Enrollment Form	SF 3881	ACH Vendor/Miscellaneous Payment Enrollment Form

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ICR Summary of Burden

	Total Request	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	68	0	0	68	0	0
Annual Time Burden (Hours)	17	0	0	17	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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: Under section 9704 of PL 117-2, enacted on March 11, 2021, which added section 4262 of ERISA, PBGC is required to administer the special financial assistance program. In addition, under section 4261 of ERISA, PBGC is required to administer the multiemployer financial assistance program. Under both of these programs, PBGC will use form SF 3881 to obtain information necessary to effectuate an electronic of funds to multiemployer plans.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods?

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.    

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.    

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR: 

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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:

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