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View ICR - OIRA Conclusion

OMB Control No: 3220-0089	ICR Reference No: 201407-3220-005
Status: Historical Active	Previous ICR Reference No: 201201-3220-005
Agency/Subagency: RRB	Agency Tracking No:
Title: Pension Plan Reports
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: 09/19/2014
	Date Received in OIRA: 07/30/2014
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2017	36 Months From Approved	04/30/2015
Responses	310	0	760
Time Burden (Hours)	34	0	101
Cost Burden (Dollars)	0	0	0

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

IC Title	Form No.	Form Name
Pension Plan Reports	G-88p (04-12), G-88r (04-12), G-88r (proposed), G-88p Internet (proposed), G-88p (proposed)	, , , ,

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	310	760	-450
Annual Time Burden (Hours)	34	101	-67
Annual Cost Burden (Dollars)	0	0	0

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: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The majority of instances in which Form G-88p previously needed to be released were to obtain information about distributions from 401(k) plans. Because the RRB's General Counsel has determined that 401(k) plans do not qualify as private railroad pension plans, Form G-88p no longer needs to be released in these cases, greatly decreasing the overall number of forms that will need to be released annually from 750 to 300 (-450). In addition, we estimate that of the 300 G-88p forms, 200 will be completed using the new Internet version, which will take 6 minutes to complete compared to 8 minutes for the paper version. Overall, the amount of responses have been reduced from 760 to 310 and the burden hours from 101 to 34 (-67). We are showing the changes in reporting burden as a program change.

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