Annual Financial and Actuarial Information Reporting (29 CFR Part 4010)

ICR 201907-1212-002

OMB: 1212-0049

Federal Form Document

IC Document Collections
ICR Details
1212-0049 201907-1212-002
Historical Inactive 201903-1212-001
PBGC
Annual Financial and Actuarial Information Reporting (29 CFR Part 4010)
Revision of a currently approved collection   No
Regular
Comment filed on proposed rule and continue 08/12/2019
Retrieve Notice of Action (NOA) 07/16/2019
In accordance with 5 CFR 1320, the information collection is not approved at this time. Prior to publication of the final rule, the agency should provide to OMB a summary of all comments received on the proposed information collection and identify any changes made in response to these comments.
  Inventory as of this Action Requested Previously Approved
05/31/2022 36 Months From Approved 05/31/2022
560 0 560
532 0 532
12,871,040 0 12,871,040

ERISA section 4010 requires the annual reporting of actuarial and financial information by controlled groups that sponsor pension plans that have significant underfunding. PBGC uses this information to detect and monitor financial problems with the controlled groups and to respond quickly when it learns that a controlled group intends to engage in a transaction that may reduce the assets available to pay plan liabilities.

US Code: 29 USC 1310 Name of Law: ERISA
  
None

1212-AB34 Proposed rulemaking 84 FR 30666 06/27/2019

No

1
IC Title Form No. Form Name
Annual Financial and Actuarial Information Reporting (29 CFR Part 4010) Appendix 1 Illustrative form

No
Yes
Changing Regulations
PBGC’s instructions to the 4010 module for the e-filing portal and the module itself would be updated, as necessary or helpful, to reflect the clarifications that would be made by the proposed rule. The clarifications incorporated would replace or augment existing language but would not create additional filing burden. However, PBGC estimates the proposed rule would reduce filer burden by eliminating the requirement of § 4010.9(b)(2) to provide the revenues, operating income, and net assets for each controlled group member if a filer is submitting consolidated financial information.

$20,600
No
    No
    No
No
No
No
Uncollected
Stephanie Cibinic 202 326-4000 ext. 6352 cibinic.stephanie@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.
07/16/2019


© 2024 OMB.report | Privacy Policy