96-29357. Submission for OMB Review; Comment Request

[Federal Register Volume 61, Number 222 (Friday, November 15, 1996)]
[Notices]
[Pages 58592-58593]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-29357]


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DEPARTMENT OF LABOR

Office of the Secretary


Submission for OMB Review; Comment Request

November 8, 1996.
    The Department of Labor (DOL) has submitted the following public 
information collection request (ICR) to the Office of Management and 
Budget (OMB) for review and approval in accordance with the Paperwork 
Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. Chapter 35). A copy of 
this individual ICR, with applicable supporting documentation, may be 
obtained by calling the Department of Labor Acting Departmental 
Clearance Officer, Theresa M. O'Malley [phone] x 166). 
Individuals who use a telecommunications device for the deaf (TTY/TDD) 
may call [phone] between 9:00 a.m. and 12:00 p.m. Eastern time, 
Monday through Friday.
    Comments should be sent to Office of Information and Regulatory 
Affairs, Attn: OMB Desk Officer for Pension Welfare Benefits 
Administration, Office of Management and Budget, Room 10235, 
Washington, DC 20503 [phone]), within 30 days from the date of 
this publication in the Federal Register.
    The OMB is particularly interested in comments which:
     Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility;
     Evaluate the accuracy of the agency's estimate of the 
burden of the proposed collection of information, including the 
validity of the methodology and assumptions used;

[[Page 58593]]

     Enhance the quality, utility, and clarity of the 
information to be collected; and
     Minimize the burden of the collection of information on 
those who are to respond, including through the use of appropriate 
automated, electronic, mechanical, or other technological collection 
techniques or other forms of information technology, e.g., permitting 
electronic submission of responses.
    Agency: Pension Welfare Benefits Administration.
    Title: Regulation Relating to Definition of ``Plan Assets''--
Participant Contributions.
    OMB Number: 1210-0new.
    Frequency: On Occasion.
    Affected Public: Business or other for-profit; Farms.
    Number of Respondents: Extension of Effective Date=166; Extension 
of Maximum Time=166.
    Estimated Time Per Respondent: Extension of Effective Date=1.
    Extension of Maximum Time=6 hours.
    Total Burden Hours: 997.
    Total Annualized capital/startup costs: 0.
    Total annual costs (operating/maintaining systems or purchasing 
services): $373,000.
    Description: Plan sponsors and other parties in interest in the 
Employee Retirement Income Security Act of 1974 (ERISA) covered pension 
benefit plans have been provided with a rule governing when participant 
contributions to pension plans must be segregated from the employer's 
general assets to become plan assets. The Department has provided a 
postponement procedure and an extension procedure which may be followed 
to comply with the rule.
Theresa M. O'Malley,
Acting Departmental Clearance Officer.
[FR Doc. 96-29357 Filed 11-14-96; 8:45 am]
BILLING CODE 4510-29-M