29 USC Sec. 1411 and 29 CFR part 4231
prescribe requirements for multiemployer pension plan mergers and
transfers, including notification of PBGC by plan sponsors.
Sponsors may also request PBGC determinations that the requirements
were met. PBGC uses information submitted to determine whether the
requirements were met.
The Multiemployer Pension
Reform Act of 2014 added a new section 4231(e), which clarifies
PBGC's authority to facilitate a merger of two or more
multiemployer plans if certain statutory requirements are met.
PBGC's final rule provides guidance on the process and information
requirements for a voluntary request for a facilitated merger under
section 4231(e) of ERISA, including a financial assistance
merger.
$240,000
No
No
No
No
No
No
Uncollected
Hilary Duke 202 326-4000 ext.
3839 duke.hilary@pbgc.gov
No
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.