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 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 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 no changes to Form G-423.

Estimate of Annual Respondent Burden

[The estimated annual respondent burden is as follows]

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Annual

Form No.(s) responses Time (Min) Burden (Hrs)

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G-423........................................................... 1,200 85 1,700

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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. 99-287 Filed 1-6-99; 8:45 am]

BILLING CODE 7905-01-M