Proposed Submission of Information Collection for OMB Review; Comment Request; Survey of Nonparticipating Single Premium Group Annuity Rates

Published date01 April 2021
Citation86 FR 17217
Record Number2021-06729
SectionNotices
CourtPension Benefit Guaranty Corporation
17217
Federal Register / Vol. 86, No. 61 / Thursday, April 1, 2021 / Notices
I. Obtaining Information and
Submitting Comments
A. Obtaining Information
Please refer to Docket ID NRC–2020–
0235 when contacting the NRC about
the availability of information for this
action. You may obtain publicly
available information related to this
action by any of the following methods;
however, the NRC encourages electronic
comment submission through the
Federal Rulemaking Website:
Federal Rulemaking Website: Go to
https://www.regulations.gov/ and search
for Docket ID NRC–2020–0235.
NRC’s Agencywide Documents
Access and Management System
(ADAMS): You may obtain publicly
available documents online in the
ADAMS Public Documents collection at
https://www.nrc.gov/reading-rm/
adams.html. To begin the search, select
‘‘Begin Web-based ADAMS Search.’’ For
problems with ADAMS, please contact
the NRC’s Public Document Room (PDR)
reference staff at 1–800–397–4209, 301–
415–4737, or by email to pdr.resource@
nrc.gov. The supporting statement and
burden spreadsheet are available in
ADAMS under Accession Nos.
ML21013A489 and ML21013A488.
Attention: The PDR, where you may
examine and order copies of public
documents, is currently closed. You
may submit your request to the PDR via
email at pdr.resource@nrc.gov or call 1–
800–397–4209 or 301–415–4737,
between 8:00 a.m. and 4:00 p.m. (EST),
Monday through Friday, except Federal
holidays.
NRC’s Clearance Officer: A copy of
the collection of information and related
instructions may be obtained without
charge by contacting the NRC’s
Clearance Officer, David Cullison,
Office of the Chief Information Officer,
U.S. Nuclear Regulatory Commission,
Washington, DC 20555–0001; telephone:
301–415–2084; email:
Infocollects.Resource@nrc.gov.
B. Submitting Comments
The NRC encourages electronic
comment submission through the
Federal Rulemaking website (https://
www.regulations.gov). Please include
Docket ID NRC–2020–0235 in your
comment submission.
The NRC cautions you not to include
identifying or contact information in
comment submissions that you do not
want to be publicly disclosed in your
comment submission. All comment
submissions are posted at https://
www.regulations.gov/ and entered into
ADAMS. Comment submissions are not
routinely edited to remove identifying
or contact information.
If you are requesting or aggregating
comments from other persons for
submission to the OMB, then you
should inform those persons not to
include identifying or contact
information that they do not want to be
publicly disclosed in their comment
submission. Your request should state
that comment submissions are not
routinely edited to remove such
information before making the comment
submissions available to the public or
entering the comment into ADAMS.
II. Background
In accordance with the Paperwork
Reduction Act of 1995 (44 U.S.C.
Chapter 35), the NRC is requesting
public comment on its intention to
request the OMB’s approval for the
information collection summarized
below.
1. The title of the information
collection: Part 140 of title 10 of the
Code of Federal Regulations (10 CFR),
‘‘Financial Protection Requirements and
Indemnity Agreements.’’
2. OMB approval number: 3150–0039.
3. Type of submission: Extension.
4. The form number, if applicable:
Not applicable.
5. How often the collection is required
or requested: Annually, and on
occasion, as needed for applicants and
licensees to meet their responsibilities
called for in Sections 170 and 193 of the
Atomic Energy Act of 1954.
6. Who will be required or asked to
respond: Each applicant for or holder of
a license issued under 10 CFR parts 50
or 54, to operate a nuclear reactor, or the
applicant for or holder of a combined
license issued under 10 CFR parts 52 or
54, as well as licensees authorized to
possess and use plutonium in a
plutonium processing and fuel
fabrication plant. In addition, licensees
authorized to construct and operate a
uranium enrichment facility in
accordance with 10 CFR parts 40 and
70.
7. The estimated number of annual
responses: 208.
8. The estimated number of annual
respondents: 104.
9. The estimated number of hours
needed annually to comply with the
information collection requirement or
request: The total reporting and
recordkeeping burden is 753 (727 hours
reporting + 26 hours recordkeeping).
10. Abstract: 10 CFR part 140
specifies the information to be
submitted by licensees that enables the
NRC to assess (a) financial protection
required by licensees and for the
indemnification and limitation of
liability of certain licensees and other
persons pursuant to Section 170 of the
Atomic Energy Act of 1954, as amended,
and (b) the liability insurance required
opinion. On the basis of the EA
included in Section II of this document
and incorporated by reference into this
finding, the NRC concludes that the
proposed action would not have
significant effects on the quality of the
human environment. The NRC’s
evaluation considered information
provided in the licensee’s application as
well as the NRC’s independent review
of other relevant environmental
documents. Based on its findings, the
NRC has determined not to prepare an
environmental impact statement for the
proposed action.
III. Specific Requests for Comments
The NRC is seeking comments that
address the following questions:
1. Is the proposed collection of
information necessary for the NRC to
properly perform its functions? Does the
information have practical utility?
2. Is the estimate of the burden of the
information collection accurate?
3. Is there a way to enhance the
quality, utility, and clarity of the
information to be collected?
4. How can the burden of the
information collection on respondents
be minimized, including the use of
automated collection techniques or
other forms of information technology?
Dated: March 29, 2021.
For the Nuclear Regulatory Commission.
David C. Cullison,
NRC Clearance Officer, Office of the Chief
Information Officer.
[FR Doc. 2021–06752 Filed 3–31–21; 8:45 am]
BILLING CODE 7590–01–P
PENSION BENEFIT GUARANTY
CORPORATION
Proposed Submission of Information
Collection for OMB Review; Comment
Request; Survey of Nonparticipating
Single Premium Group Annuity Rates
AGENCY
: Pension Benefit Guaranty
Corporation.
ACTION
: Notice of intent to request
extension of OMB approval of
information collection, with
modifications.
SUMMARY
: The Pension Benefit Guaranty
Corporation (PBGC) intends to request
that the Office of Management and
Budget (OMB) extend approval, under
the Paperwork Reduction Act, of a
collection of information with
modifications. The purpose of this
information collection is to survey
insurance company rates for pricing
annuity contracts to obtain information
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Federal Register / Vol. 86, No. 61 / Thursday, April 1, 2021 / Notices
needed to set actuarial assumptions.
The American Council of Life Insurers
conducts this voluntary survey for
PBGC. This notice informs the public of
PBGC’s intent and solicits public
comment on the collection of
information.
DATES
: Comments should be submitted
by June 1, 2021.
ADDRESSES
: Comments may be
submitted by any of the following
methods:
Federal eRulemaking Portal:
https://www.regulations.gov. Follow the
website instructions for submitting
comments.
Email: paperwork.comments@
pbgc.gov. Refer to Survey of Insurance
Company Rates or OMB control number
1212–0030 in the subject line.
Mail or Hand Delivery: Regulatory
Affairs Division, Office of the General
Counsel, Pension Benefit Guaranty
Corporation, 1200 K Street NW,
Washington, DC 20005–4026.
All submissions received must
include the agency’s name (Pension
Benefit Guaranty Corporation, or PBGC)
and refer to the Survey of Insurance
Company Rates or OMB control number
1212–0030. All comments received will
be posted without change to PBGC’s
website, https://www.pbgc.gov,
including any personal information
provided.
Copies of the collection of
information may be obtained by writing
to Disclosure Division, Office of the
General Counsel, Pension Benefit
Guaranty Corporation, 1200 K Street
NW, Washington, DC 20005–4026, or
calling 202–326–4040 during normal
business hours. TTY users may call the
Federal Relay Service toll-free at 800–
877–8339 and ask to be connected to
202–326–4040.
FOR FURTHER INFORMATION CONTACT
:
Hilary Duke (duke.hilary@pbgc.gov),
Assistant General Counsel for
Regulatory Affairs, Office of the General
Counsel, Pension Benefit Guaranty
Corporation, 1200 K Street NW,
Washington, DC 20005–4026, 202–229–
3839; or Gregory Katz (katz.gregory@
pbgc.gov), Attorney, Regulatory Affairs
Division, Office of the General Counsel,
Pension Benefit Guaranty Corporation,
1200 K Street NW, Washington, DC
20005–4026, 202–229–3829. TTY users
may call the Federal relay service toll-
free at 800–877–8339 and ask to be
connected to 202–229–3839 or 202–
229–3829.
SUPPLEMENTARY INFORMATION
: PBGC’s
regulations prescribe actuarial valuation
methods and assumptions (including
interest rate assumptions) to be used to
determine the actuarial present value of
benefits under single-employer plans in
involuntary or distress terminations (29
CFR part 4044) and the value of benefits
and certain assets under multiemployer
plans that undergo a mass withdrawal of
contributing employers (29 CFR part
4281). In each month immediately
preceding the start of a new calendar
quarter, PBGC publishes the interest
rates to be used under those regulations
for plans terminating or undergoing
mass withdrawal during the next
quarter.
The interest rates are intended to
reflect current conditions in the annuity
markets. To determine these interest
rates, PBGC gathers premium rate data
from insurance companies that are
providing annuity contracts to
terminating pension plans through a
quarterly survey. The American Council
of Life Insurers (ACLI) distributes the
survey and provides PBGC with ‘‘blind’’
data (i.e., PBGC is unable to match
responses with the insurance companies
that submitted them). PBGC also uses
the information from the survey in
determining the interest rates it uses to
value benefits payable to participants
and beneficiaries in PBGC-trusteed
plans for purposes of PBGC’s financial
statements.
PBGC is proposing several changes to
the survey distributed by ACLI:
Addition of a question asking for
specific information about the interest
assumptions underlying the annuity
premium rates reported in parts I and II
of the survey. This information is
needed to allow PBGC to better analyze
annuity price data provided in the
survey.
Increases to the dollar ranges in the
questions on respondents’ group
annuity business in part III to allow the
survey to continue to capture the
variability and range of business
accepted by respondents as the prices of
plan termination annuity contracts
increase with inflation.
Changes to the instructions to
clarify that respondents should provide
pricing information only for full plan
terminations (and transactions priced
consistently with full plan
terminations), that the annuity rates
provided should include reductions for
investment expenses but exclude
administrative expenses and reductions
for competitive bidding, and that
respondents should assume that plan
provisions are straightforward and do
not contain significant levels of anti-
selection, expensive options, or
subsidies.
Addition of a confirmation that
administrative expenses are excluded
from pricing information and an option
to comment on any exceptions. This is
needed for PBGC to compare pricing
information amongst survey responses
when respondents are unable to
completely exclude administrative
expenses from pricing information.
Consolidation and simplification of
former parts III and IV into a new part
III and elimination of questions asking
for information PBGC no longer uses.
These changes streamline and simplify
the response process.
Modification of a question asking
for the volume of respondents’ plan
termination annuity business so that it
requests annual data instead of quarterly
data to reduce volatility in survey
responses.
Addition of a question soliciting
feedback on how PBGC could improve
the survey process.
Addition of flexibility to conduct
the survey electronically.
This voluntary survey is directed at
insurance companies most, if not all, of
which are members of ACLI. The survey
is conducted quarterly and
approximately 20 insurance companies
will be asked to participate. PBGC
estimates that about six insurance
companies will respond to the survey
each quarter, and that each survey will
require approximately 30 minutes to
complete and return. The total burden is
estimated to be 12 hours (30 minutes
per survey four surveys per year six
respondents per quarter).
The existing collection of information
was approved under OMB control
number 1212–0030 (expires August 31,
2021). PBGC intends to request that
OMB approve PBGC’s use of this form
for 3 years. An agency may not conduct
or sponsor, and a person is not required
to respond to, a collection of
information unless it displays a
currently valid OMB control number.
PBGC is soliciting public comments to—
Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodologies and assumptions used;
Enhance the quality, utility, and
clarity of the information to be
collected; and
Minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology,
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Federal Register / Vol. 86, No. 61 / Thursday, April 1, 2021 / Notices
e.g. permitting electronic submission of
responses.
Issued in Washington DC by.
Hilary Duke,
Assistant General Counsel for Regulatory
Affairs, Pension Benefit Guaranty
Corporation.
[FR Doc. 2021–06729 Filed 3–31–21; 8:45 am]
BILLING CODE 7709–02–P
OFFICE OF PERSONNEL
MANAGEMENT
Comment Request for Review of
Information Collection: CyberCorps
®
:
Scholarship for Service Registration
System; OMB No. 3206–0246
AGENCY
: Office of Personnel
Management.
ACTION
: 60–Day notice and request for
comments from the general public and
other Federal agencies on request for
extension, without change, of a
previously approved collection for
which approval will expire September
19, 2021.
SUMMARY
: In accordance with the
Paperwork Reduction Act of 1995, as
amended by the Clinger-Cohen Act, this
notice announces the Office of
Personnel Management (OPM), Human
Resources Solutions (HRS) intends to
submit to the Office of Management and
Budget (OMB) a request for review of a
previously approved Information
Collection Request (ICR), 3206–0246,
Scholarship for Service Registration, for
which approval will expire September
19, 2021.
DATES
: Comments are encouraged and
should be received within 60 calendar
days from the date of this publication.
This process is conducted in accordance
with 5 CFR 1320.1.
ADDRESSES
: Interested persons are
invited to submit written comments on
the proposed information collection to:
Office of Personnel Management, Mid-
Atlantic Services Branch, Attention:
Stephanie Travis, 200 Granby Street,
Suite 500, Norfolk, VA 23510–1886, or
via electronic email to: sfs@opm.gov.
FOR FURTHER INFORMATION CONTACT
: A
copy of this ICR, with applicable
supporting documentation, may be
obtained by contacting: Office of
Personnel Management, Mid-Atlantic
Services Branch, Attention: Stephanie
Travis, 200 Granby Street, Suite 500,
Norfolk, VA 23510–1886, or via
electronic email to: sfs@opm.gov, or via
telephone at: 202–606–1800.
SUPPLEMENTARY INFORMATION
: The
CyberCorps
®
: Scholarship for Service
(SFS) Program was established by the
National Science Foundation, in
collaboration with the Office of
Personnel Management and the
Department of Homeland Security, in
accordance with the Cybersecurity
Enhancement Act of 2014 (Pub. L. 113–
274) as amended by the National
Defense Authorization Act FY18 (15
U.S.C. 7442). This initiative reflects the
critical need for Information Technology
(IT) professionals, industrial control
system security professionals, and
security managers in government.
Students identified by their institutions
for SFS Scholarships must meet
selection criteria based on prior
academic performance, likelihood of
success in obtaining the degree, and
suitability for government employment.
Each scholarship recipient, as a
condition of receiving a scholarship
under the program, enters into an
agreement under which the recipient
agrees to work during the summer
between academic terms and work for a
period equal to the length of the
scholarship, following receipt of the
student’s degree, in the cyber security
mission of:
(1) An executive agency (as defined in
the United States Code, Title 5, Section
105;
(2) Congress, including any agency,
entity, office, or commission established
in the legislative branch;
(3) an interstate agency;
(4) a State, local, or Tribal
government; or
(5) a State, local, or Tribal
government-affiliated non-profit that is
critical infrastructure (as defined in
section 1016(e) of the USA Patriot Act
(42 U.S.C. 5195c(e)). Approval of the
CyberCorps
®
: Scholarship for Service
(SFS) Registration system is necessary to
continue management and operation of
the program in accordance with the
Cybersecurity Enhancement Act of 2014
(Pub. L. 113–274) as amended by the
National Defense Authorization Act
FY18 (15 U.S.C. 7442), and to facilitate
the timely registration, selection and
placement of program-enrolled students
in government agencies.
The Office of Management and Budget
is particularly interested in comments
that:
1. Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
2. Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
3. Enhance the quality, utility, and
clarity of the information to be
collected; and
4. Ways in which we can minimize
the burden of the collection of
information on those who are to
respond, including through the use of
appropriate automated, electronic,
mechanical, or other technological
collection techniques or other forms of
information technology, e.g., permitting
electronic submissions of responses.
Analysis
Agency: Office of Personnel
Management, Human Resources
Solutions, CyberCorps
®
: Scholarship for
Service Program.
Title: Scholarship for Service (SFS)
Program internet Site.
OMB Number: 3206–0246.
Frequency: Annually.
Affected Public: Individuals or
Households.
Number of Respondents: 761.
Estimated Time per Respondent: 1
hour.
Total Burden Hours: 761 hours.
Alexys Stanley,
Regulatory Affairs Analyst.
[FR Doc. 2021–06201 Filed 3–31–21; 8:45 am]
BILLING CODE 6325–43–P
POSTAL SERVICE
Change in Class of General
Applicability for Competitive Products
AGENCY
: Postal Service
TM
.
ACTION
: Notice of a change in class of
general applicability for competitive
products.
SUMMARY
: This notice sets forth changes
in class of general applicability for
Priority Mail Express.
DATES
: May 23, 2021.
FOR FURTHER INFORMATION CONTACT
:
Elizabeth Reed, 202–268–3179.
SUPPLEMENTARY INFORMATION
: On
February 8, 2021, pursuant to their
authority under 39 U.S.C. 3632, the
Governors of the Postal Service
established classification changes for a
competitive product, namely, Priority
Mail Express. The Governors’ Decision
and the record of proceedings in
connection with such decision are
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