[Federal Register Volume 73, Number 148 (Thursday, July 31, 2008)]
[Notices]
[Page 44704]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-17491]



[[Page 44704]]

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DEPARTMENT OF COMMERCE

U.S. Census Bureau


Proposed Information Collection; Comment Request; Quarterly 
Survey of the Finances of Public-Employee Retirement Systems

AGENCY: U.S. Census Bureau.

ACTION: Notice.

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SUMMARY: The Department of Commerce, as part of its continuing effort 
to reduce paperwork and respondent burden, invites the general public 
and other Federal agencies to take this opportunity to comment on 
proposed and/or continuing information collections, as required by the 
Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)).

DATES: To ensure consideration, written comments must be submitted on 
or before September 29, 2008.

ADDRESSES: Direct all written comments to Diana Hynek, Departmental 
Paperwork Clearance Officer, Department of Commerce, Room 6625, 14th 
and Constitution Avenue, NW., Washington, DC 20230 (or via the Internet 
at [email protected]).

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the information collection instrument(s) and instructions 
should be directed to Ellen Thompson, Chief, Employment Branch, 
Governments Division, U.S. Census Bureau, 4600 Silver Hill Road, GOVS-
6K141, Washington, DC 20233, (301-764-1531) (or via the Internet at 
[email protected]).

SUPPLEMENTARY INFORMATION:

I. Abstract

    The Census Bureau plans to request an extension for the Quarterly 
Survey of the Finances of Public Employee Retirement Systems. The 
quarterly survey was initiated by the Census Bureau in 1968 at the 
request of both the Council of Economic Advisers and the Federal 
Reserve Board. It gathers data on the assets of the 100 largest state 
and local government public-employee retirement systems. These systems 
hold over $2.9 trillion in assets, which represent approximately 90 
percent of all state and local government public-employee retirement 
system assets.
    These important data are used by the Federal Reserve Board to track 
the public sector portion of the flow of funds accounts. The Bureau of 
Economic Analysis uses the data on corporate stock holdings to estimate 
dividends received by state and local government public-employee 
retirement systems. These estimates, in turn are used as a component in 
developing the national income and product accounts.

II. Method of Collection

    Canvass methodology consists of a mail out/mail back questionnaire. 
Responses are screened manually, then put into an electronic format. No 
statistical methods are used to calculate the data.
    Respondents may choose to report their data over our Internet site. 
In addition to reporting current quarter data on the Internet, 
respondents may report for the first time for the previous two quarters 
or submit revisions to their previously submitted data if needed.
    In those instances when we are not able to obtain a response, 
estimates are made for nonrespondents based on historical data for that 
same system.

III. Data

    OMB Control Number: 0607-0143.
    Form Number: F-10.
    Type of Review: Regular submission.
    Affected Public: State and local government retirement systems.
    Estimated Number of Respondents: 100.
    Estimated Time Per Response: 45 minutes.
    Estimated Total Annual Burden Hours: 300.
    Estimated Total Annual Cost: $6,468.
    Respondent's Obligation: Voluntary.
    Legal Authority: Title 13 U.S.C., section 182.

IV. Request for Comments

    Comments are invited on: (a) Whether the proposed collection of 
information is necessary for the proper performance of the functions of 
the agency, including whether the information shall have practical 
utility; (b) the accuracy of the agency's estimate of the burden 
(including hours and cost) of the proposed collection of information; 
(c) ways to enhance the quality, utility, and clarity of the 
information to be collected; and (d) ways to minimize the burden of the 
collection of information on respondents, including through the use of 
automated collection techniques or other forms of information 
technology.
    Comments submitted in response to this notice will be summarized 
and/or included in the request for OMB approval of this information 
collection; they also will become a matter of public record.

    Dated: July 25, 2008.
Gwellnar Banks,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. E8-17491 Filed 7-30-08; 8:45 am]
BILLING CODE 3510-07-P