FINAL REGULATION RELATING TO LOANS TO PLAN PARTICIPANTS AND BENEFICIARIES WHO ARE PARTIES IN INTEREST WITH RESPECT TO THE PLAN (SHORT TITLE -- PARTICIPANT LOANS)
ICR 198902-1210-001
OMB: 1210-0076
Federal Form Document
⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1210-0076 can be found here:
FINAL REGULATION RELATING TO
LOANS TO PLAN PARTICIPANTS AND BENEFICIARIES WHO ARE PARTIES IN
INTEREST WITH RESPECT TO THE PLAN (SHORT TITLE -- PARTICIPANT
LOANS)
New
collection (Request for a new OMB Control Number)
THIS REGULATION CLARIFIES REQUIREMENTS
UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA)
WITH RESPECT TO LOANS FROM PENSION PLANS WHICH ARE MADE TO PLAN
PARTICIPANTS AND BENEFICIARIES WHO ARE PARTIES IN INTEREST WITH
RESPECT TO THE PLAN.
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.