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View ICR - OIRA Conclusion

OMB Control No: 1210-0127	ICR Reference No: 201508-1210-002
Status: Historical Active	Previous ICR Reference No: 201205-1210-003
Agency/Subagency: DOL/EBSA	Agency Tracking No:
Title: Abandoned Individual Account Plan Termination
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/01/2015
Retrieve Notice of Action (NOA)	Date Received in OIRA: 09/15/2015
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2018	36 Months From Approved	11/30/2015
Responses	1,308,000	0	3,102,640
Time Burden (Hours)	47,700	0	109,800
Cost Burden (Dollars)	689,000	0	1,088,000

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	1,308,000	3,102,640	-1,794,640
Annual Time Burden (Hours)	47,700	109,800	-62,100
Annual Cost Burden (Dollars)	689,000	1,088,000	-399,000

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 Department has revised the ICR to account for increases in wage rates and usage of the Abandoned Plans Program, as well as a decrease in the number of terminating plans.