This collection
revision is approved with the following terms of clearance: If the
flat premium rates change from the 2009 rates or if one or more
business codes in the Business Codes section of the instructions
need to be changed, PBGC will promptly resubmit the information
collection as a No Material or Nonsubstantive Change submission to
OMB.
Inventory as of this Action
Requested
Previously Approved
02/28/2011
02/28/2011
02/28/2011
34,300
0
34,300
8,999
0
8,999
47,036,605
0
47,036,605
Administrators of PBGC-insured pension
plans file with PBGC premium information and premium payments
required under 29 USC 1307 and 29 CFR Part 4007, which also
requires retention and production of records necessary to support
premium filings. The information identifies payers and lets PBGC
verify premium computations and perform premium audits. It also
helps PBGC estimate its exposure if plans terminate, track movement
of participants and assets, determine whether new plans are being
created, and update its insured-plan inventory. The retained
records facilitate audits.
Burden increased because of
changes in regulation to implement statutory changes.
$6,500,000
No
No
Uncollected
Uncollected
No
Uncollected
James Bloch 202-326-4223 ext.
3530 bloch.james@pbgc.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.