View Information Collection Request (ICR) Package

Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.

View ICR - OIRA Conclusion

OMB Control No: 1212-0055	ICR Reference No: 200807-1212-006
Status: Historical Active	Previous ICR Reference No: 200611-1212-009
Agency/Subagency: PBGC	Agency Tracking No:
Title: Locating and Paying Participants
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/05/2008
Retrieve Notice of Action (NOA)	Date Received in OIRA: 08/01/2008
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2011	36 Months From Approved	09/30/2008
Responses	89,100	0	225,600
Time Burden (Hours)	73,300	0	118,475
Cost Burden (Dollars)	3,100	0	78,000

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Adjustment in Estimate
Annual Number of Responses	89,100	225,600	4,267	-140,767
Annual Time Burden (Hours)	73,300	118,475	6,267	-51,442
Annual Cost Burden (Dollars)	3,100	78,000	0	-74,900

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement: The change in the estimate of the annual hour burden of this collection of information (from 118,475 hours in the current OMB inventory to the 73,300 hours requested) reflects a decrease in the estimate of the number of submissions and inquiries expected, due to a expected reduction in the number of participants and beneficiaries taken in by PBGC in newly trusteed plans. The decrease is somewhat offset by the expansion of PBGCs Missing Participant Program under PPA 2006. The change in the estimate of the annual cost burden of this collection (from $78,475 in the current OMB inventory to $3,100 requested) reflects a sharp reduction in the postage expenses incurred by participants and beneficiaries as a result of PBGCs practice of providing self-addressed stamped envelopes to a large proportion of all individuals who submit forms or applications to PBGC and to an increase in the use of My PBA.