OPM must report this collection as a violation in this year's Information Collection Budget.
Inventory as of this Action
Requested
Previously Approved
12/31/2016
36 Months From Approved
5,400
0
0
2,700
0
0
0
0
0
Public Law 112-96, Section 5001, the "Middle Class Tax Relief and Job Creation Act of 2012," makes two significant changes to the Federal Employees' Retirement System (FERS). First, beginning in 2013, new employees (as designated in the statute) will have to pay significantly higher employee contributions, an increase of 2.3 percent of salary. Second, new Members of Congress and Congressional employees, in addition to paying higher retirement contributions, will accrue retirement benefits at the same rate as regular employees.
New employees affected by this law will be classified in a new retirement category; the Federal Employees' Retirement System  Revised Annuity Employees (FERS-RAE). The current Standard Form 2812, Standard Form 2812-A, and OPM Form 1523, have been changed to reflect this additional category.
The increase in burden is due to OPM reporting the use of this previously unreported collection. Due to non-Federal entities participating in FERS, there is a potential for non-Federal employees at these organizations to have to complete these forms. The collections do not collect any PII. The vast majority of users of this collection are Federal.
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.