Notice, Collection, and Redetermination of Withdrawal Liability (29 CFR Part 4219)

ICR 201101-1212-009 · OMB 1212-0034 · Historical Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1212-0034 can be found here:

Forms and Documents

Document	Type	Status	Availability
multi0034supportingstatement.1102011.doc	Supporting Statement A	Uploaded 2011-02-01	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
13558	Notice, Collection, and Redetermination of Withdrawal Liability (29 CFR Part 4219)		Modified

ICR Details

OMB Control No: 1212-0034	ICR Reference No: 201101-1212-009
Status: Historical Active	Previous ICR Reference No: 200802-1212-008
Agency/Subagency: PBGC	Agency Tracking No:
Title: Notice, Collection, and Redetermination of Withdrawal Liability (29 CFR Part 4219)
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/08/2011
Retrieve Notice of Action (NOA)	Date Received in OIRA: 02/01/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2014	36 Months From Approved	04/30/2011
Responses	537	0	179
Time Burden (Hours)	12	0	4
Cost Burden (Dollars)	27,288	0	9,096

Abstract: In mass withdrawals, ERISA Sec. 4219(c)(1)(D) requires multiemployer plan sponsors to redetermine withdrawal liability and fully allocate unfunded vested benefits. In substantial withdrawals, Sec. 4209(c) requires collection of de minimis amounts. This regulation explains how to redetermine and allocate liabilities and requires notices to PBGC of mass or substantial withdrawals and of the required determinations.

Authorizing Statute(s): US Code: 29 USC 1389 Name of Law: ERISA
US Code: 29 USC 1399 Name of Law: ERISA

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 70045	11/16/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	76 FR 5220	01/28/2011
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Notice, Collection, and Redetermination of Withdrawal Liability (29 CFR Part 4219)

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	537	179	358
Annual Time Burden (Hours)	12	4	8
Annual Cost Burden (Dollars)	27,288	9,096	18,192

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The cost burden has increased from $9,096 to $27,288 and the hour burden has increased from 4 to 12 hours due to an increase in the number of mass and substantial withdrawals per year from 1 each to 3 each per year.

Annual Cost to Federal Government: $7,737

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Donald McCabe 202-326-4223 ext. 3872 [email protected]

Common Form ICR: No