Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits (Schedule SSA)

ICR 200708-0960-012

OMB: 0960-0606

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2007-12-04
Supporting Statement A
2007-08-23
Supplementary Document
2007-08-22
ICR Details
0960-0606 200708-0960-012
Historical Active 200602-0960-002
SSA
Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits (Schedule SSA)
Extension without change of a currently approved collection   No
Regular
Approved with change 12/07/2007
Retrieve Notice of Action (NOA) 08/23/2007
This ICR is approved consistent with 11/1/07 memo and signed MOU between IRS and SSA. SSA shall continue to work towards 100% electronic transfer of information from IRS to SSA and report on progress in the next submission. SSA should also work closely with IRS to ensure the smooth and timely implementation of IERS (IRS ERISA Residual Solution) for FY 2009 and any associated changes to the Schedule SSA form and how it is processed.
  Inventory as of this Action Requested Previously Approved
12/31/2010 36 Months From Approved 12/31/2007
88,000 0 88,000
220,000 0 220,000
12,194,000 0 12,194,000

Annual Registration Statement Identifying Separated Participants With Deferred Benefits, Schedule SSA—0960–0606. Schedule SSA is a form filed annually as part of a series of pension plan documents required by section 6057 of the IRS Code. Administrators of pension benefit plans are required to report specific information on future plan benefits for those participants who left plan coverage during the year. SSA maintains the information until a claim for Social Security benefits has been approved. At that time, SSA notifies the beneficiary of his/her potential eligibility for payments from the private pension plan. The respondents are administrators of pension benefit plans or their service providers employed to prepare the Schedule SSA on behalf of the pension benefit plan. Below are the estimates of the cost and hour burdens for completing and filing Schedule SSA(s). We have used an average to estimate the hour burden. However, the burden may be greater or smaller depending on whether the respondent is a large or small pension benefit plan and how many Schedule SSA’s are filed in a given year.

US Code: 26 USC 6057 Name of Law: null
   US Code: 42 USC 1320b-1 Name of Law: null
  
None

Not associated with rulemaking

  72 FR 20154 04/23/2007
72 FR 46529 08/20/2007
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 88,000 88,000 0 0 0 0
Annual Time Burden (Hours) 220,000 220,000 0 0 0 0
Annual Cost Burden (Dollars) 12,194,000 12,194,000 0 0 0 0
No
No

$7,752
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Elizabeth Davidson 411-965-0454 liz.davidson@ssa.gov

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
08/23/2007


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