Proposed Information Collection (Conversion from Servicemembers' Group Life Insurance to Veterans' Group Life Insurance); Comment Request - Insurance News | InsuranceNewsNet

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January 25, 2012 Newswires
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Proposed Information Collection (Conversion from Servicemembers’ Group Life Insurance to Veterans’ Group Life Insurance); Comment Request

Federal Information & News Dispatch, Inc.

SUMMARY: The Veterans 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 this notice. This notice solicits comments on information needed to ensure that separating service members, especially service members with disabilities are informed about their life insurance option, including converting from Servicemembers' Group Life Insurance to Veterans' Group Life Insurance.

DATES: Written comments and recommendations on the proposed collection of information should be received on or before March 26, 2012.

ADDRESSES: Submit written comments on the collection of information through www.Regulations.gov; or to Nancy J. Kessinger, Veterans Benefits Administration (20M35), Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420 or email nancy.kessinger@va.gov. Please refer to "OMB Control No. 2900-0731" in any correspondence. During the comment period, comments may be viewed online through the Federal Docket Management System (FDMS) at www.Regulations.gov.

FOR FURTHER INFORMATION CONTACT: Nancy J. Kessinger at (202) 461-9769 or fax (202) 275-5947.

SUPPLEMENTARY INFORMATION: Under the PRA of 1995 (Pub. L. 104-13; 44 U.S.C. 3501-3521), Federal agencies must obtain approval from the Office of Management and Budget (OMB) for each collection of information they conduct or sponsor. This request for comment is being made pursuant to Section 3506(c)(2)(A) of the PRA.

With respect to the following collection of information, VBA invites comments on: (1) Whether the proposed collection of information is necessary for the proper performance of VBA's functions, including whether the information will have practical utility; (2) the accuracy of VBA's estimate of the burden of the proposed collection of information; (3) ways to enhance the quality, utility, and clarity of the information to be collected; and (4) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or the use of other forms of information technology.

Title: Independent Evaluation of the Conversion Privilege from Servicemembers' Group Life Insurance (SGLI) to Veterans' Group Life Insurance (VGLI) for Disabled Service Members.

OMB Control Number: 2900-0731.

Type of Review: Extension of a currently approved collection.

Abstract: The data collected will be used to determine the appropriate target rate to convert claimants from SGLI to VGLI and to evaluate the effectiveness of current outreach practices.

Affected Public: Individuals or households.

Estimated Annual Burden: 413 hours.

Estimated Average Burden per Respondent: 20 minutes.

Frequency of Response: On occasion.

Estimated Number of Respondents: 1,216.

Dated: January 20, 2012.

By direction of the Secretary.

Denise McLamb,

Program Analyst, Enterprise Records Service.

Notice.

Citation: "77 FR 3842"

Document Number: "OMB Control No. 2900-0731"

Federal Register Page Number: "3842"

"Notices"

Copyright:  (c) 2012 Federal Information & News Dispatch, Inc.
Wordcount:  478

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New York Life Insurance and Annuity Corporation, et al., Notice of Application

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