Payment of Premiums (29 CFR part 4007)

ICR 202508-1212-004

OMB: 1212-0009

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Form
Modified
Supporting Statement A
2025-08-25
Supporting Statement A
2025-08-25
Justification for No Material/Nonsubstantive Change
2024-12-20
Justification for No Material/Nonsubstantive Change
2024-12-20
IC Document Collections
ICR Details
1212-0009 202508-1212-004
Active 202412-1212-001
PBGC
Payment of Premiums (29 CFR part 4007)
Revision of a currently approved collection   No
Regular
Approved without change 09/08/2025
Retrieve Notice of Action (NOA) 08/27/2025
  Inventory as of this Action Requested Previously Approved
09/30/2028 36 Months From Approved 12/31/2026
29,288 0 31,303
12,691 0 13,565
20,267,296 0 21,661,676

Administrators of PBGC-insured pension plans file with PBGC premium information and premium payments required under 29 USC 1307 and 29 CFR Part 4007, which also requires retention and production of records necessary to support premium filings. The information identifies payers and lets PBGC verify premium computations and perform premium audits. It also helps PBGC project premium income, improve financial projections, estimate its exposure if plans terminate, track movement of participants and assets, determine whether new plans are being created, and update its insured-plan inventory. The retained records facilitate audits.

US Code: 29 USC 1302(b)(3), 1303(a),1306, 1307 Name of Law: ERISA
  
None

1212-AB51 Final or interim final rulemaking 90 FR 39320 08/15/2025

No

1
IC Title Form No. Form Name
Payment of Premiums (29 CFR part 4007) Premium Filing Premium Filing Screen Shots

  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 29,288 31,303 0 -2,015 0 0
Annual Time Burden (Hours) 12,691 13,565 0 -874 0 0
Annual Cost Burden (Dollars) 20,267,296 21,661,676 0 -1,394,380 0 0
No
Yes
Miscellaneous Actions
In the final rule published August 15, 2025, PBGC stated that the 2026 Comprehensive Premium Filing Instructions will be updated to reflect that due date for the final premium for terminating plans to be the earlier of the normal premium due date or 45 days after the date the post-distribution certification is filed. This change does not create additional filing burden. Subsequently, PBGC determined that there will be a decrease in the expected number of premium filings for calendar years 2026-2028 from 31,303 filings to 29,288 filings each year. The decrease in the expected number of filings results in a decrease in the estimated annual hour burden from 13,565 hours to 12,691 hours and annual cost burden from $21,661,676 to $20.267,296.

$8,750,000
No
    No
    No
No
No
No
No
Monica O'Donnell 202 229-8706 o'[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.
08/27/2025


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