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PBGC Requests Extension of OMB Approval for Multiemployer Plan Information Collections, Comments Close May 22

PBGC has requested that OMB extend approval for seven collections of information in its multiemployer plan regulations under ERISA for three years. OMB approvals currently expire May 31, 2026. The notice, a PRA extension request for existing information collections (29 CFR Parts 4203, 4204, 4207, 4208, 4211, 4213, and 4221), solicits public comment; no comments were received on PBGC's advance January 12, 2026 notice (91 FR 1217). The seven OMB control numbers (1212-0021, 1212-0023, 1212-0035, 1212-0039, 1212-0044, 1212-0053, 1212-0066) cover withdrawal liability determinations, abatement rules, and allocation of unfunded vested benefits. Estimated annual burdens range from 0.5 hours (partial withdrawal abatement) to 1,050 hours (asset-sale variances), with cost estimates from $1,000 to $702,000 per collection annually.

OMB Review Comment Request, Multiemployer Plan Regulations

PBGC is requesting OMB to extend approval for three years (until May 31, 2029) of seven collections of information under the Paperwork Reduction Act related to multiemployer plan regulations under ERISA. The collections cover special withdrawal liability rules (29 CFR Part 4203), variances for sale of assets (29 CFR Part 4204), complete withdrawal liability abatement (29 CFR Part 4207), and partial withdrawal liability abatement (29 CFR Part 4208). Estimated annual burden across all collections is approximately 1,054.5 hours and $718,000. The comment period closes May 22, 2026.