[Federal Register Volume 72, Number 138 (Thursday, July 19, 2007)]
[Notices]
[Page 39645]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-13982]


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RAILROAD RETIREMENT BOARD


Agency Forms Submitted for OMB Review, Request for Comments

SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (44 
U.S.C. Chapter 35), the Railroad Retirement Board (RRB) is forwarding 
an Information Collection Request (ICR) to the Office of Information 
and Regulatory Affairs (OIRA), Office of Management and Budget (OMB) 
for the following collection of information: 3220-0149, Withholding 
Certificate for Railroad Retirement Monthly Annuity Payments. Review 
and approval by OIRA ensures that we impose appropriate paperwork 
burdens.
    The RRB invites comments on the proposed collection of information 
to determine (1) the practical utility of the collection; (2) the 
accuracy of the estimated burden of the collection; (3) ways to enhance 
the quality, utility and clarity of the information that is the subject 
of collection; and (4) ways to minimize the burden of collections on 
respondents, including the use of automated collection techniques or 
other forms of information technology. Comments to RRB or OIRA must 
contain the OMB control number of the ICR. For proper consideration of 
your comments, it is best if RRB and OIRA receive them within 30 days 
of publication date.
    The Internal Revenue Code requires all payers of tax liable private 
pensions to U.S. citizens to: (1) Notify each recipient at least 
concurrent with initial withholding that the payer is, in fact, 
withholding benefits for tax liability and that the recipient has the 
option of electing not to have the payer withhold, or to withhold at a 
specific rate; (2) withhold benefits for tax purposes (in the absence 
of the recipient's election not to withhold benefits); and (3) notify 
all beneficiaries, at least annually, that they have the option of 
changing their withholding status or elect not to have benefits 
withheld.
    The Railroad Retirement Board provides Form RRB-W4P, Withholding 
Certificate for Railroad Retirement Payments, to its annuitants to 
exercise their withholding options. Completion of the form is required 
to obtain or retain a benefit. One response is requested of each 
respondent.
    No changes are being proposed to the current version of Form RRB W-
4P used by the RRB. The RRB estimates that 25,000 annuitants utilize 
Form RRB W-4P annually. The completion time for Form RRB W-4P varies 
depending on individual circumstances. The estimated average(s) for 
Form RRB W-4P is 39 minutes for recordkeeping, 24 minutes for learning 
about the law or the form, and 59 minutes for preparing the form.
    Our ICR describes the information we seek to collect from the 
public. If a respondent fails to complete the form(s), the RRB may be 
unable to pay them benefits. One response is required from a 
respondent.
    Previous Requests for Comments: The RRB has already published the 
initial 60-day notice (72 FR 14628 on April 27, 2007) required by 44 
U.S.C. 3506(c)(2). That request elicited no comments.

Information Collection Request (ICR)

    Title: Withholding Certificate for Railroad Retirement Monthly 
Annuity Payments.
    OMB Control Number: 3220-0149.
    Form(s) submitted: RRB-W-4P, Withholding Certificate for Railroad 
Retirement Monthly Annuity Payments.
    Type of request: Reinstatement with change of a previously approved 
collection.
    Affected public: Individuals or households.
    Abstract: Under Public Law 98-76, railroad retirement 
beneficiaries' Tier II, dual vested and supplemental benefits are 
subject to income tax under private pension rules. Under Public Law 99-
514, the non-social security equivalent benefit portion of Tier 1 is 
also taxable under private pension rules. The collection obtains the 
information needed by the Railroad Retirement Board to implement the 
income tax withholding provisions.
    Changes Proposed: The RRB proposes no changes to Form RRB-W-4P.
    The Burden Estimate for the ICR is as follows:
    Estimated annual number of respondents: 25,000.
    Total annual responses: 25,000.
    Total annual reporting hours: 1.
    Additional Information or Comments: Copies of the forms and 
supporting documents can be obtained from Charles Mierzwa, the agency 
clearance officer (312-751-3363) or [email protected].
    Comments regarding the information collection should be addressed 
to Ronald J. Hodapp, Railroad Retirement Board, 844 North Rush Street, 
Chicago, Illinois 60611-2092 or [email protected] and to the OMB 
Desk Officer for the RRB, at the Office of Management and Budget, Room 
10230, New Executive Office Building, Washington, DC 20503.

Charles Mierzwa,
Clearance Officer.
 [FR Doc. E7-13982 Filed 7-18-07; 8:45 am]
BILLING CODE 7905-01-P