Understanding Economic Risk for Families with Low Incomes: Economic Security, Program Benefits, and Decisions About Work

Forms and Documents

Document Name	Status
51321 Econ Risk OMB SSA_5-18-22_rev2.docx Supporting Statement A	2022-05-26
51321 Econ Risk Attachment A-3 _response_60D.pdf Supplementary Document	2022-05-20
51321 Econ Risk Attachment B-4_Survey Reminder.docx Supplementary Document	2022-05-20
51321 Econ Risk Attachment B-3_Survey Invitation.docx Supplementary Document	2022-05-20
5132 Econ Risk Attachment B-2_White Paper.pdf Supplementary Document	2022-05-20
51321 Econ Risk Attach B-1_AmeriSpeak Overview.pdf Supplementary Document	2022-05-20
51321 Econ Risk OMB SSB_5-18-22.docx Supporting Statement B	2022-05-20

IC Document Collections

IC ID	Document Title	Status
253182	Understanding Economic Risk for Families with Low Incomes: Economic Security, Program Benefits, and Decisions About Work Other-Survey	New

ICR Details

OMB Control No:	ICR Reference No: 202205-0990-002
Status: Received in OIRA	Previous ICR Reference No:
Agency/Subagency: HHS/HHSDM	Agency Tracking No:
Title: Understanding Economic Risk for Families with Low Incomes: Economic Security, Program Benefits, and Decisions About Work
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 05/26/2022

	Requested	Previously Approved
Expiration Date	36 Months From Approved
Responses	2,000	0
Time Burden (Hours)	500	0
Cost Burden (Dollars)	0	0

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Abstract: This information collection request is for a new project. The research team is requesting two years of approval. The purpose of this project is to understand the role of economic risk in public benefit recipients’ decision making about whether to increase earnings. This study will investigate the factors that influence the decisions made by people with low incomes to increase earnings (or not) by presenting beneficiaries with vignettes about other people with the opportunity to increase their earnings and asking them what decision they would make in similar circumstances. The vignettes will vary the risk of an opportunity, the ease of regaining benefits if income later dropped, and the extent of the earnings increase. The job opportunities and associated risks will vary systematically. The choices that study participants recommend will provide insight into the relative importance of these different factors – both alone and in combination. Guided by a better understanding of the role of risk and risk tolerance in families’ decisions about work, the government could design policy levers to reduce risk and thereby support families’ choices to increase earnings and achieve greater economic security.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 230	01/04/2022
30-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 30507	05/19/2022
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Understanding Economic Risk for Families with Low Incomes: Economic Security, Program Benefits, and Decisions About Work

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ICR Summary of Burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	2,000	0	0	2,000	0	0
Annual Time Burden (Hours)	500	0	0	500	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: New collection

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Annual Cost to Federal Government: $226,444

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

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? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 05/26/2022

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