[Federal Register Volume 68, Number 6 (Thursday, January 9, 2003)]
[Notices]
[Page 1198]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-425]


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DEPARTMENT OF LABOR

Office of the Secretary


Submission for OMB Review; Comment Request

December 20, 2002.
    The Department of Labor (DOL) has submitted the following public 
information collection request (ICR) to the Office of Management and 
Budget (OMB) for review and approval in accordance with the Paperwork 
Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. chapter 35). A copy of 
each individual ICR, with applicable supporting documentation, may be 
obtained by calling the Department of Labor. To obtain documentation 
contact Marlene Howze at ((202) 693-4158) or E-mail [email protected]).
    Comments should be sent to Office of Information and Regulatory 
Affairs, Attn: OMB Desk Officer for ESA, Office of Management and 
Budget, Room 10235, Washington, DC 20503 ((202) 395-7316), within 30 
days from the date of this publication in the Federal Register.
    The OMB is particularly interested in comments which:
    [sbull] 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;
    [sbull] 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;
    [sbull] Enhance the quality, utility, and clarity of the 
information to be collected; and 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 submission of responses.
    Type of Review: Extension of a currently approved collection.
    Agency: Employment Standards Administration (ESA).
    Title: Requirements of Bona Fide Thrift or Savings Plan (29 CFR 
part 547) and Requirements of a Bona Fide Profit-Sharing Plan or Trust 
(29 CFR part 549).
    OMB Number: 1215-0119.
    Affected Public: Business or other for-profit; individuals or 
households; not-for-profit institutions; and State, local or tribal 
government.
    Frequency: On occasion.
    Number of Respondents: 462,000.
    Number of Annual Responses: 462,000.
    Total Burden Hours (Recordkeeping): 2.
    Total Annualized Capital/Startup Costs: $0.
    Total Annual Costs (operating/maintaining systems or purchasing 
services): $0.
    Description: Section 7(e)(3)(b) of the Fair Labor Standards Act 
permits the exclusion from an employee's regular rate of pay, payments 
on behalf of an employee to a ``bona fide'' thrift or savings plan, 
profit-sharing plan or trust. Regulations, 29 CFR part 547 and 549, set 
forth the requirements for a ``bona fide'' thrift or savings plan, 
profit-sharing plan or trust. The maintenance of the records required 
by the regulations enables the Department of Labor (DOL) investigators 
to determine whether a given thrift or savings plan, profit-sharing 
plan or trust, is in compliance with section 7(e)(3)(b) of the FLSA. 
Without these records, such a determination could not be made.

Ira L. Mills,
Departmental Clearance Officer.
[FR Doc. 03-425 Filed 1-8-03; 8:45 am]
BILLING CODE 4510-23-M