[Federal Register Volume 64, Number 196 (Tuesday, October 12, 1999)]
[Notices]
[Pages 55231-55232]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-26499]
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DEPARTMENT OF COMMERCE
Census Bureau
Quarterly Survey of the Finances of Public-Employee Retirement
Systems
ACTION: Proposed collection; comment request.
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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: Written comments must be submitted on or before December 13,
1999.
ADDRESSES: Direct all written comments to Linda Engelmeier,
Departmental Forms Clearance Officer, Department of Commerce, Room
5027, 14th and Constitution Avenue, NW, Washington, DC 20230 (or via
the Internet at LEngelme@doc.gov).
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the information collection instrument(s) and instructions
should be directed to Russell Price, Acting Chief, Finance Branch,
Governments Division, U.S. Bureau of the Census, Washington, DC 20233-
6800 (301-457-1488).
SUPPLEMENTARY INFORMATION:
I. Abstract
This quarterly survey was initiated by the Census Bureau in 1968 at
the request of both the Council of Economic Advisors and the Federal
Reserve Board. It gathers data on the assets of the 102 largest state
and local government public-employee retirement systems. These systems
hold over $1.5 trillion in assets, which represent approximately 80
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.
In our planned submission for review of this collection, we will
request an extension of the expiration date and will
[[Page 55232]]
make minor formatting changes to the data collection instrument.
II. Method of Collection
This is a mail canvass survey. Responses are screened manually and
then entered on a microcomputer. No statistical methods are used to
calculate the data. In those rare instances when we are not able to
obtain a response, estimates are made for nonrespondents by using:
A. Historical data for the same system.
B. Latest available annual data.
C. Estimates received by telephone calls to respondents.
III. Data
OMB Number: 0607-0143.
Form Number: F-10.
Type of Review: Regular.
Affected Public: State and local governments.
Estimated Number of Respondents: 102.
Estimated Time Per Response: 1 hour.
Estimated Total Annual Burden Hours: 408 hours.
Estimated Total Annual Cost: The estimated cost to the respondents
is $7,156.
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: October 6, 1999.
Linda Engelmeier,
Departmental Forms Clearance Officer, Office of the Chief Information
Officer.
[FR Doc. 99-26499 Filed 10-8-99; 8:45 am]
BILLING CODE 3510-07-P
