FR 2021-03691

Overview

Title

Agency Information Collection Activity: Fiduciary Agreement

Agencies

ELI5 AI

The Veterans Benefits Administration wants to hear what people think about a form used to help someone manage money for veterans who can't do it themselves, and people can share their thoughts until April 26, 2021.

Summary AI

The Veterans Benefits Administration (VBA) of the Department of Veterans Affairs (VA) is seeking public comments on a proposed information collection under the Paperwork Reduction Act of 1995. This collection pertains to the Fiduciary Agreement (VA Form 21P-4703), which serves as a contract to manage VA funds for beneficiaries deemed unable to do so themselves. The VBA invites feedback on the necessity and utility of this data collection, its estimated burden, and ways to minimize the burden on respondents. Comments should be submitted by April 26, 2021, and the public can view responses online during the comment period.

Abstract

Veteran's Benefits Administration (VBA), Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of a currently approved collection, and allow 60 days for public comment in response to the notice.

Type: Notice
Citation: 86 FR 11054
Document #: 2021-03691
Date:
Volume: 86
Pages: 11054-11055

AnalysisAI

The document from the Federal Register seeks public input on a proposed information collection by the Veterans Benefits Administration (VBA) of the Department of Veterans Affairs (VA). Specifically, it discusses the Fiduciary Agreement (VA Form 21P-4703), a legal contract used when VA benefits are managed on behalf of beneficiaries deemed unable to handle their affairs. This initiative falls under the Paperwork Reduction Act of 1995, which mandates that federal agencies reduce paperwork and enhance data collection efficiency.

General Overview

This notice invites the public to comment on the necessity, utility, and potential burden of data collection related to the Fiduciary Agreement. As part of its regular administrative processes, the VBA is required to collect and review information from stakeholders to ensure effective service delivery. Written feedback is welcome until April 26, 2021, and stakeholders can view responses online, offering a transparent process.

Significant Issues and Concerns

Several aspects of the document may raise questions or concerns:

  1. Lack of Specificity in Information Collection: While the document discusses the opportunity for public comment, it does not detail the specific nature of the information being collected, which might lead to ambiguity for those trying to provide meaningful feedback.

  2. Estimation of Burden: The document estimates a 5-minute burden per respondent but does not explain how this figure was determined. This lack of transparency might lead to skepticism about the accuracy of this burden estimate.

  3. Criteria for OMB Approval: Although the document mentions the necessity for Office of Management and Budget (OMB) approval, it does not specify the criteria used in this process, leaving some aspects of administrative oversight unclear.

  4. Context for VA Form 21P-4703: For individuals unfamiliar with the VA processes, the document briefly mentions the Fiduciary Agreement without providing much-needed context or examples, which might lead to confusion regarding its application and importance.

  5. Vagueness of 'Affected Public': The term "individuals and households" is used to describe the affected public without explicit examples. This vagueness might lead to misunderstandings about who should participate in the comment process.

Impact on the Public

For the general public, this document represents an opportunity to engage with federal administrative processes concerning veterans' welfare. By offering comments, stakeholders can influence how the VA collects and utilizes data to manage fiduciary agreements. This transparency and soliciting of public opinion can enhance trust in the process and ensure the policies put forth by the VA accurately reflect public interest and needs.

Impact on Specific Stakeholders

For veterans and fiduciaries, this document holds particular significance. Any changes resulting from public comments could directly impact the management and distribution of VA benefits through these fiduciary agreements. On a positive note, public participation could fine-tune the data collection, potentially easing the processes for fiduciaries and better safeguarding the interests of the beneficiaries they serve.

For the VA, engaging with the public through this feedback mechanism can strengthen procedural efficacy and reinforce its commitment to meeting veterans' needs comprehensively. However, failure to address the concerns raised through this platform might lead to dissatisfaction or procedural inefficiencies going unnoticed.

In conclusion, this document invites an invaluable dialogue between the VA and its stakeholders, offering a channel for impactful discourse and policy refinement. Yet, to facilitate more effective participation, the VA may consider clarifying certain areas to ensure respondents are adequately informed and equipped to provide substantive feedback.

Issues

  • • The abstract and summary mention the opportunity for public comment on the proposed collection of information, but do not provide details on the specific information being collected which could lead to ambiguity regarding what feedback is needed.

  • • The document provides an 'Estimated Average Burden per Respondent' of 5 minutes, but does not explain how this time estimate was calculated, which could lead to questions about its accuracy.

  • • The document states that 'Federal agencies must obtain approval from the Office of Management and Budget (OMB) for each collection of information they conduct or sponsor,' but does not explain the criteria for OMB approval, which might be unclear to some readers.

  • • The title 'Fiduciary Agreement' and its function is mentioned, but the document does not provide examples or further explanation of the form (VA Form 21P-4703) and its context, making it potentially unclear for those not familiar with VA procedures.

  • • The phrase 'individuals and households' as 'Affected Public' could be considered vague without explicit examples or definitions, potentially leading to confusion about who exactly is affected.

  • • Language such as 'enhance the quality, utility, and clarity of the information' is somewhat abstract and might be difficult for respondents to interpret without concrete examples.

Statistics

Size

Pages: 2
Words: 698
Sentences: 29
Entities: 71

Language

Nouns: 245
Verbs: 43
Adjectives: 14
Adverbs: 3
Numbers: 40

Complexity

Average Token Length:
5.38
Average Sentence Length:
24.07
Token Entropy:
4.97
Readability (ARI):
19.20

Reading Time

about 2 minutes