Proposed Collection; Comment Request

RAILROAD RETIREMENT BOARD

Proposed Collection; Comment Request

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 3220-0127

Under Section 10 of the Railroad Retirement Act and Section 2(d) of

the Railroad Unemployment Insurance Act, the RRB may recover

overpayments of

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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 parts

255 and 340.

The RRB utilizes Form G-423, 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 to revise Form G-423 to include a request for

information which would identify tangible and intangible property

previously held by the beneficiary whose ownership was transferred to

other parties in the last two years. Minor editorial changes are also

being proposed to the Paperwork Reduction/Privacy Act notices utilized

with Form G-423.

Estimate of Annual Respondent Burden

The estimated annual respondent burden is as follows:

------------------------------------------------------------------------

Annual Time Burden

Form No.(s) responses (min) (hrs)

------------------------------------------------------------------------

G-423.................................. 2,100 85 2,975

------------------------------------------------------------------------

additional INFORMATION or CommenTs: To request more information or to

obtain a copy of the information collection justification, forms, and/

or supporting material, please call the RRB Clearance Officer at (312)

751-3363. Comments regarding the information collection should be

addressed to Ronald J. Hodapp, Railroad Retirement Board, 844 N. Rush

Street, Chicago, Illinois 60611-2092. Written comments should be

received within 60 days of this notice.

Chuck Mierzwa,

Clearance Officer.

[FR Doc. 96-4108 Filed 2-22-96; 8:45 am]

BILLING CODE 7905-01-M