Agency Information Collection Activity Under OMB Review: Designation of Beneficiary Government Life Insurance, and Supplemental Designation of Beneficiary Government Life Insurance - Insurance News | InsuranceNewsNet

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April 28, 2020 Newswires
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Agency Information Collection Activity Under OMB Review: Designation of Beneficiary Government Life Insurance, and Supplemental Designation of Beneficiary Government Life Insurance

Veterans Affairs Department Documents & Publications

Agency: "Veterans Benefits Administration, Department of Veterans Affairs."

SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Veterans Benefits Administration, Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden and it includes the actual data collection instrument.

DATES:

Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/PRAMain. Find this particular information collection by selecting "Currently under 30-day Review--Open for Public Comments" or by using the search function. Refer to "OMB Control No. 2900-0020.

SUPPLEMENTARY INFORMATION:

Authority: 44 U.S.C. 3501-21.

Title: Designation of Beneficiary Government Life Insurance (VA Form 29-336) and Supplemental Designation of Beneficiary Government Life Insurance (VA Form 29-336a)

OMB Control Number: 2900-0020.

Type of Review: Revision of a currently approved collection.

Abstract: These forms are used by the insured to designate beneficiaries and select an optional settlement to be used when the insurance matures by death. The information is required to determine the claimant's eligibility to receive the proceeds. The information on the form is required by law, 38 U.S.C. Sections 1917, 1949 and 1952.

An agency may not conduct or sponsor, and a person is not required to respond to a collection of information unless it displays a currently valid OMB control number. The Federal Register Notice with a 60-day comment period soliciting comments on this collection of information was published at 85 FR 29 on February 12, 2020, pages 8097 and 8098.

Affected Public: Individuals and households.

Estimated Annual Burden: 13,917 hours.

Estimated Average Burden Per Respondent: 10 minutes.

Frequency of Response: On occasion.

Estimated Number of Respondents: 83,500.

By direction of the Secretary.

Danny S. Green,

VA PRA Clearance Officer, Office of Quality, Performance, and Risk, Department of Veterans Affairs.

Notice.

Citation: "85 FR 23604"

Document Number: "OMB Control No. 2900-0020"

Federal Register Page Number: "23604"

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