Federal Register: December 21, 2001 (Volume 66, Number 246)

DOCID: FR Doc 01-31426

RAILROAD RETIREMENT BOARD

Railroad Retirement Board

NOTICE: NOTICES

ACTION: Agency information collection activities:

SUBJECT CATEGORY:

Proposed Collection; Comment Request

DOCUMENT SUMMARY:

In accordance with the requirement of Section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995 which provides opportunity for public comment on new or revised data collections, the Railroad Retirement Board (RRB) will publish periodic summaries of proposed data collections.

Comments are invited on: (a) Whether the proposed information collection is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; (b) the accuracy of the RRB's estimate of the burden of the collection of the information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden related to the collection of information on respondents, including the use of automated collection techniques or other forms of information technology.
Title and Purpose of Information Collection

Financial Disclosure Statement: OMB 32200127.

Under Section 10 of the Railroad Retirement Act and Section 2(d) of the Railroad Unemployment Insurance Act, the RRB may recover overpayments of annuities, pensions, death benefits, unemployment benefits, and sickness benefits that were made erroneously. An overpayment may be waived if the beneficiary was not at fault in causing the overpayment and recovery would cause financial hardship. The regulations for the recovery and waiver of erroneous payments are contained in 20 CFR 255 and CFR 340.

The RRB utilizes Form G423, Financial Disclosure Statement, to obtain information about the overpaid beneficiary's income, debts, and expenses if that person indicates that (s)he cannot make restitution for the overpayment. The information is used to determine if the overpayment should be waived as wholly or partially uncollectible. If waiver is denied, the information is used to determine the size and frequency of installment payments. The beneficiary is made aware of the overpayment by letter and is offered a variety of methods for recovery. One response is requested of each respondent. Completion is voluntary. The RRB proposes nonburden impacting editorial changes to Form G423. Estimate of Annual Respondent Burden
[The estimated annual respondent burden is as follows] Annual Burden Forms #(s) responses Time (Min) (Hrs) G423............................ 1,200 85 1,700

SUMMARY:

Proposed collection; comment request,