Federal Register Documents
					  <p>[Federal Register: March 3, 1998 (Volume 63, Number 
						41)]<br>
						[Notices] <br>
						[Page 10418-10419]<br>
						From the Federal Register Online via GPO Access [wais.access.gpo.gov]<br>
						[DOCID:fr03mr98-115] <br>
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						PENSION BENEFIT GUARANTY CORPORATION <br>
						<br>
						Submission of Information Collection for OMB Review; 
						Comment Request; Extension of Special Withdrawal 
						Liability Rules <br>
						<br>
						AGENCY: Pension Benefit Guaranty Corporation. <br>
						<br>
						ACTION: Notice of request for extension of OMB approval.
						<br>
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						<br>
						SUMMARY: The Pension Benefit Guaranty Corporation 
						(``PBGC'') is requesting that the Office of Management 
						and Budget (``OMB'') extend approval, under the 
						Paperwork Reduction Act, of a collection of information 
						in its regulation on Extension of Special Withdrawal 
						Liability Rules (29 CFR Part 4203) (OMB control number 
						1212-0023). This notice informs the public of the PBGC's 
						request and solicits public comment on the collection of 
						information. <br>
						<br>
						DATES: Comments should be submitted by April 2, 1998.
						<br>
						<br>
						ADDRESSES: Comments should be mailed to the Office of 
						Information and Regulatory Affairs of the Office of 
						Management and Budget, Attention: Desk Officer for 
						Pension Benefit Guaranty Corporation, Washington, DC 
						20503. Copies of the request for extension (including 
						the collection of information) are available from the 
						Communications and Public Affairs Department of the 
						Pension Benefit Guaranty Corporation, suite 240, 1200 K 
						Street, NW., Washington, DC, 20005-4026, between 9 a.m. 
						and 4 p.m. on business days. <br>
						<br>
						FOR FURTHER INFORMATION CONTACT: Deborah C. Murphy, 
						Attorney, office of the General Counsel, Pension Benefit 
						Guaranty Corporation, 1200 K Street, NW., Washington, DC 
						20005-4026, 202-326-4024. (For TTY/TDD users, call the 
						Federal relay service toll-free at 1-800-877-8339 and 
						ask to be connected to 202-326-4024.) <br>
						<br>
						SUPPLEMENTARY INFORMATION: Sections 4203(f) and 
						4208(e)(3) of the Employee Retirement Income Security 
						Act of 1974 (``ERISA'') provide for the PBGC's issuance 
						of regulations under which the PBGC may approve a 
						multiemployer pension plan's adoption of special rules 
						for determining whether a complete or <br>
						<br>
						[[Page 10419]] <br>
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						partial withdrawal from the plan has occurred. Section 
						4203(f) also sets standards for the approval of such 
						special rules.<br>
						The PBGC's regulation on Extension of Special Withdrawal 
						Liability Rules (29 CFR Part 4203) requires the plan 
						sponsor of a plan that adopts special rules to submit 
						information about the rules, the plan, and the industry 
						in which the plan operates with its request for PBGC 
						approval of the rules. The PBGC uses that information in 
						determining whether the plan's special withdrawal 
						liability rules meet the requirements of ERISA. (The 
						regulation may be accessed on the PBGC's home page at 
						http://www.pbgc.gov.)<br>
						The collection of information under the regulation has 
						been approved by OMB under control number 1212-0023. The 
						PBGC is requesting that OMB extend its approval for 
						three years. An agency may not conduct or sponsor, and a 
						person is not required to respond to, a collection of 
						information unless it displays a currently valid OMB 
						control number. The PBGC estimates that it receives at 
						most one submission from a plan sponsor annually under 
						the regulation; that virtually all submissions are 
						prepared by outside consultants; that the total annual 
						hour burden of engaging the services of such consultants 
						is one hour; and that the total annual cost burden of 
						having the submissions prepared is $2,400. <br>
						<br>
						Issued in Washington, DC, this 25th day of February, 
						1998.<br>
						David M. Strauss,<br>
						Executive Director, Pension Benefit Guaranty 
						Corporation.<br>
						[FR Doc. 98-5461 Filed 3-2-98; 8:45 am]<br>
						BILLING CODE 7708-01-P </p>