Rules and Regulations. 60-Day notice and request for comments
/register/2025/04/03/2025-05690·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Agency: U.S. Office of Personnel Management
Action: 60-Day notice and request for comments
Citation: FR Doc. 2025-05690
Summary
Office of Personnel Management (OPM), Retirement Services offers the general public and other federal agencies the opportunity to comment on a revised information collection request (ICR), Rollover Election (RI 38-117), Rollover Information (RI 38-118), and Special Tax Notice Regarding Rollovers.
Dates
Comments are encouraged and will be accepted until June 2, 2025.
Supplementary Information
The Internal Revenue Code allows the recipient of certain types of distributions from OPM to elect how the payee prefers to receive the funds with varying tax implications. RI 38-117, Rollover Election, is used to collect information from a payee so that OPM can make payment in accordance with the wishes of the payee. RI 38-118, Rollover Information, explains the election. RI 37-22, Special Tax Notice Regarding Rollovers, provides more detailed information. The Office of Personnel Management is particularly interested in comments addressing the following issues: (1) Whether this collection is necessary to the proper functions of OPM; (2) whether this information will be processed and used in a timely manner; (3) the accuracy of the burden estimates; (4) ways in which OPM might enhance the quality, utility, and clarity of the information to be collected; and (5) ways in which OPM might minimize the burden of this collection on the respondents, including through the use of information technology. Analysis Agency: Office of Personnel Management, Retirement Services. Title: Rollover Election, Rollover Information, and Special Tax Notice Regarding Rollover. OMB Number: 3206-0212. Frequency: On occasion. Affected Public: Individuals or Households. Number of Respondents: 1,500. Estimated Time per Respondent: 40 minutes. Total Burden Hours: 1,000. U.S. Office of Personnel Management. Alexys Stanley, Federal Register Liaison. [FR Doc. 2025-05690 Filed 4-2-25; 8:45 am]