[Federal Register Volume 83, Number 209 (Monday, October 29, 2018)]
[Notices]
[Pages 54383-54384]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-23498]


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PENSION BENEFIT GUARANTY CORPORATION


Submission of Information Collection for OMB Review; Comment 
Request; Partitions of Eligible Multiemployer Plans

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice of request for extension of OMB approval.

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SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is requesting 
that the Office of Management and Budget (OMB) extend approval, under 
the Paperwork Reduction Act, of a collection of information contained 
in its regulation on Partitions of Eligible Multiemployer Plans. This 
notice informs the public of PBGC's request and solicits public comment 
on the collection.

DATES: Comments must be submitted by November 28, 2018.

ADDRESSES: Comments should be sent to the Office of Information and 
Regulatory Affairs, Office of Management and Budget, Attention: Desk 
Officer for Pension Benefit Guaranty Corporation, via electronic mail 
at [email protected] or by fax to (202) 395-6974.
    A copy of the request will be posted on PBGC's website at: https://www.pbgc.gov/prac/laws-and-regulations/information-collections-under-omb-review. It may also be obtained without charge by writing to the 
Disclosure Division of the Office of the General Counsel, 1200 K Street 
NW, Washington, DC 20005-4026; faxing a request to 202-326-4042; or, 
calling 202-326-4040 during normal business hours (TTY users may call 
the Federal Relay Service toll-free at 1-800-877-8339 and ask to be 
connected to 202-326-4040). The Disclosure Division will email, fax, or 
mail the information to you, as you request.

FOR FURTHER INFORMATION CONTACT: Melissa Rifkin 
([email protected]), Attorney, Regulatory Affairs Division, 
Office of the General Counsel, Pension Benefit Guaranty Corporation, 
1200 K Street NW, Washington, DC 20005-4026; 202-326-4400, extension 
6563. TTY users may call the Federal Relay Service toll-free at 800-
877-8339 and ask to be connected to 202-326-4400, extension 6563.

SUPPLEMENTARY INFORMATION: Sections 4233(a) and (b) of the Employee 
Retirement Income Security Act of 1974 (ERISA) allow a plan sponsor of 
a multiemployer plan to apply to PBGC for a partition of the plan and 
state the criteria that PBGC uses to determine a plan's eligibility for 
a partition.
    PBGC's regulation on Partitions of Eligible Multiemployer Plans (29 
CFR part 4233) sets forth the procedures for applying for a partition, 
the information required to be included in a partition application, and 
notices to interested parties of the application.
    PBGC needs the information to determine whether a plan is eligible 
for partition and whether a proposed partition would comply with the 
statutory conditions required before PGBC may order a partition.
    The existing collection of information was approved under OMB 
control number 1212-0068 (expires December 31, 2018). On August 17, 
2018, PBGC published in the Federal Register (at 83 FR 41113) a notice 
informing the public of its intent to request an extension of this 
collection of information. PBGC did not receive any comments about this 
collection of information. PBGC is requesting that OMB extend approval 
of the collection for three years. An agency may not conduct or 
sponsor, and a person is not required to respond to, a collection of 
information unless it displays a currently valid OMB control number.
    PBGC estimates that there will be six applications for partition 
each year for which plan sponsors submit applications under this 
regulation. The total estimated annual burden of the

[[Page 54384]]

collection of information is 78 hours and $239,400.

    Issued in Washington, DC.
Hilary Duke,
Assistant General Counsel for Regulatory Affairs, Pension Benefit 
Guaranty Corporation.
[FR Doc. 2018-23498 Filed 10-26-18; 8:45 am]
 BILLING CODE 7709-02-P