View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 1545-0951	ICR Reference No: 202305-1545-012
Status: Active	Previous ICR Reference No: 201909-1545-003
Agency/Subagency: TREAS/IRS	Agency Tracking No:
Title: Regulations Governing the Performance of Actuarial Services under the Employee Retirement Income Security Act of 1974 (20 CFR 901)
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: 11/15/2023
	Date Received in OIRA: 08/30/2023
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2026	36 Months From Approved	11/30/2023
Responses	4,816	0	6,166
Time Burden (Hours)	1,608	0	2,233
Cost Burden (Dollars)	329,000	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	4,816	6,166	-1,350
Annual Time Burden (Hours)	1,608	2,233	-625
Annual Cost Burden (Dollars)	329,000	0	329,000

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: There are no changes to the forms or regulations at his time. However, the agency is updating the number of respondents based on its most recent filing data. The filing fee is not new for respondents, but this non-labor cost had been omitted from previous submissions, and as such appears here as an increase due to adjustment in agency estimates.

Annual Cost to Federal Government: $31,914

Does this IC contain surveys, censuses, or employ statistical methods? No

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. Yes

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. Yes

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

Agency Contact: Elizabeth Van Osten 202 317-3648 elizabeth.j.vanosten@irs.gov

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