[Federal Register Volume 70, Number 218 (Monday, November 14, 2005)]
[Notices]
[Pages 69134-69135]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-22510]


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DEPARTMENT OF COMMERCE


Submission for OMB Review; Comment Request

    DOC has submitted to the Office of Management and Budget (OMB) for 
clearance the following proposal for

[[Page 69135]]

collection of information under the provisions of the Paperwork 
Reduction Act (44 U.S.C. chapter 35).
    Agency: U.S. Census Bureau.
    Title: Quarterly Survey of the Finances Of Public-Employee 
Retirement Systems.
    Form Number(s): F-10.
    Agency Approval Number: 0607-0143.
    Type of Request: Extension of a currently approved collection.
    Burden: 300 hours.
    Number of Respondents: 100.
    Avg Hours Per Response: 45 minutes.
    Needs and Uses: The Census Bureau requests continued OMB clearance 
of the Quarterly Survey of the Finances of Public Employee Retirement 
Systems. Over 2.2 trillion dollars in public-employee retirement system 
assets in the financial markets are controlled by a small number of 
large systems. The 2002 Census of Governments identified 2,670 state 
and local government administered public-employee retirement systems. 
The 100 largest systems, as measured by the system assets, account for 
about 90 percent of the total assets of all systems. This survey is 
used to collect financial data from these 100 systems for policy makers 
and economists to follow the changing characteristics of these funds.
    This survey was initiated by the U.S. Census Bureau at the request 
of both the Council of Economic Advisors and the Federal Reserve Board. 
The most important information this survey provides is the quarterly 
change in composition of the securities holdings of the public employee 
retirement systems component of the economy. The Federal Reserve Board 
uses these data to track the public sector portion of the flow of funds 
accounts. The Bureau of Economic Analysis uses the quarterly retirement 
information on corporate stock holdings to estimate dividends received 
by state and local government retirement systems that, in turn, are 
used in preparing the national income and product accounts. 
Additionally, these data are a significant part of the information base 
needed to analyze investment trends and help in the formulation of 
governmental economic policies and investment decisions.
    Affected Public: State, local or Tribal government.
    Frequency: Quarterly.
    Respondent's Obligation: Voluntary.
    Legal Authority: Title 13 U.S.C., Section 182.
    OMB Desk Officer: Susan Schechter, (202) 395-5103.
    Copies of the above information collection proposal can be obtained 
by calling or writing Diana Hynek, Departmental Paperwork Clearance 
Officer, (202) 482-3129, Department of Commerce, room 6625, 14th and 
Constitution Avenue, NW., Washington, DC 20230 (or via the Internet at 
[email protected]).
    Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to Susan Schechter, OMB Desk Officer either by fax (202-395-7245) or e-
mail ([email protected]).

    Dated: November 7, 2005.
Madeleine Clayton,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 05-22510 Filed 11-10-05; 8:45 am]
BILLING CODE 3510-07-P