The Pension Benefit Guaranty Corporation (PBGC) has received approval from the Office of Management and Budget (OMB) for several information collections related to their regulations. The notice provides details on these collections, including their OMB control numbers and expiration dates. The Paperwork Reduction Act requires these control numbers to be displayed and informs the public about the approved information collections. This ensures compliance and transparency regarding the PBGC's management of regulatory information.
Simple Explanation
The Pension Benefit Guaranty Corporation got the thumbs up from a special office called the Office of Management and Budget to collect certain important information. It's like getting permission to ask questions, and now they can use these special numbers to make sure they do it right and tell everyone about it.