PBGC requests comments on information collection for locating and paying participants

The Pension Benefit Guaranty Corporation (PBGC) is soliciting public comment on its request that the Office of Management and Budget (OMB) extend its approval of a collection of information needed to locate and pay participants and beneficiaries who may be entitled to pension benefits under a terminated defined benefit plan. The collection consists of information provided in applications for benefits and through My Pension Benefit Account (My PBA), on the PBGC's web site, through which plan participants and beneficiaries may conduct electronic transactions with the PBGC. The current collection of information expires September 30, 2011. The PBGC intends to add three new forms to the information collection and to modify an approved form.

Comments should be submitted by September 8, 2010, and should be sent to the Office of Information and Regulatory Affairs, Office of Management and Budget, Attn: Desk Officer for Pension Benefit Guaranty Corporation, via e-mail at OIRA_DOCKET@omb.eop.gov, or by fax to 202-395-6974.

Source: 75 FR 47857, August 9, 2010.

For more information on this and related topics, consult the CCH Pension Plan Guide, CCH Employee Benefits Management, and Spencer's Benefits Reports.