98-2129. Proposed Collection; Comment Request  

  • [Federal Register Volume 63, Number 19 (Thursday, January 29, 1998)]
    [Notices]
    [Pages 4501-4502]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-2129]
    
    
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    RAILROAD RETIREMENT BOARD
    
    
    Proposed Collection; Comment Request
    
    SUMMARY: In accordance with the requirement of Section 3506(c)(2)(A) of 
    the Paperwork Reduction Act of 1995 which provides opportunity for 
    public comment on new or revised data collections, the Railroad 
    Retirement Board (RRB) will publish periodic summaries of proposed data 
    collections.
    
    Comments Are Invited On
    
        (a) Whether the proposed information collection is necessary for 
    the proper performance of the functions of the agency, including 
    whether the information has practical utility; (b) the accuracy of the 
    RRB's estimate of the burden of the collection of the information; (c) 
    ways to enhance the quality, utility, and clarity of the information to 
    be collected; and (d) ways to minimize the burden related to the 
    collection of information on respondents, including the use of 
    automated collection techniques or other forms of information 
    technology.
    
    Title and Purpose of Information Collection
    
        Withholding Certificate for Railroad Retirement Monthly Annuity 
    Payments; OMB 3220-0149.
        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
    
    [[Page 4502]]
    
    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 average completion time for 
    Form RRB W-4P is estimated at 40 minutes for recordkeeping, 20 minutes 
    for learning about the law or the form, and 49 minutes for preparing 
    the form.
    
    ADDITIONAL INFORMATION OR COMMENTS:
    To request more information or to obtain a copy of the information 
    collection justification, forms, and/or supporting material, please 
    call the RRB Clearance Officer at (312) 751-3363. Comments regarding 
    the information collection should be addressed to Ronald J. Hodapp, 
    Railroad Retirement Board, 844 N. Rush Street, Chicago, Illinois 60611-
    2092. Written comments should be received within 60 days of this 
    notice.
    Chuck Mierzwa,
    Clearance Officer.
    [FR Doc. 98-2129 Filed 1-28-98; 8:45 am]
    BILLING CODE 7905-01-M
    
    
    

Document Information

Published:
01/29/1998
Department:
Railroad Retirement Board
Entry Type:
Notice
Document Number:
98-2129
Pages:
4501-4502 (2 pages)
PDF File:
98-2129.pdf