Extension of Special Withdrawal Liability Rules (29 CFR Part 4203)

ICR 201706-1212-002 · OMB 1212-0023 · Historical Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1212-0023 can be found here:

Forms and Documents

Document	Type	Status	Availability
multi0023ss - 6-2017.pdf	Supporting Statement A	Uploaded 2017-06-13	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
13540	Extension of Special Withdrawal Liability Rules (29 CFR Part 4203)		Modified

ICR Details

OMB Control No: 1212-0023	ICR Reference No: 201706-1212-002
Status: Historical Active	Previous ICR Reference No: 201402-1212-002
Agency/Subagency: PBGC	Agency Tracking No:
Title: Extension of Special Withdrawal Liability Rules (29 CFR Part 4203)
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: 08/30/2017
Retrieve Notice of Action (NOA)	Date Received in OIRA: 06/21/2017
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2020	36 Months From Approved	08/31/2017
Responses	1	0	1
Time Burden (Hours)	2	0	1
Cost Burden (Dollars)	5,000	0	1,317

Abstract: Under 29 USC sections 1383(f) and 1388(e)(3), this regulation allows multiemployer pension plans to adopt special withdrawal rules with PBGC approval and prescribes information PBGC needs to determine whether special rules meet statutory requirements. Plan sponsors submit the information and PBGC uses it in deciding whether the requirements are met.

Authorizing Statute(s): US Code: 29 USC 4208 Name of Law: ERISA
US Code: 29 USC 4203 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:
	82 FR 16863	04/06/2017
30-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 28364	06/21/2017
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
Extension of Special Withdrawal Liability Rules (29 CFR Part 4203)

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	1	1	0
Annual Time Burden (Hours)	2	1	1
Annual Cost Burden (Dollars)	5,000	1,317	3,683

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 hour burden increased from 1 hour to 2 hours and the cost burden increased from $1,317 to $5,000 due to a change in methodology for estimating the cost and hour burden.

Annual Cost to Federal Government: $0

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. 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: Hilary Duke 202 326-4000 ext. 3839 [email protected]

Common Form ICR: No