Pbgc Form 708 - Designation Of Beneficiary (Not Currently Receiving Pension Benefits)

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Designation of Beneficiary
PBGC Form 708
Approved OMB 1212-0055
(Not Currently Receiving Pension Benefits)
Expires 12/31/15
Pension Benefit Guaranty Corporation.
For assistance, call 1-800-400-7242
P.O. Box 151750, Alexandria, Virginia 22315-1750
PRIVACY ACT NOTICE
The Privacy Act of 1974, as amended, 5 U.S.C. § 552a (2006 & Supp. V 2011), requires PBGC to give you this notice
when collecting information from you. PBGC uses the information to determine whether and how much of a pension benefit is
due you under a private defined benefit pension plan that has terminated, and to make appropriate benefit payments. Your
Social Security Number is used by PBGC to identify your records within PBGC, to report income for tax purposes, and to
respond to lawful requests for information about you from other individuals and entities. Your response is voluntary. However,
failure to provide information to PBGC, including your Social Security Number, may delay or prevent PBGC from calculating
and paying your pension benefits.
PBGC may release information about you to other individuals and entities when necessary and appropriate under the
Privacy Act, including: to third parties to make benefit payments to you; to a company that was responsible for your pension
plan or to entities related to that company; to a labor organization that represents you; to obtain information from the Federal
Aviation Administration relevant to a pilot or former pilot's eligibility for a disability benefit; to obtain your address from other
sources when PBGC does not have a current or valid address for you; and to a limited extent to your spouse, former spouse,
child, or other dependent when such individual may be entitled to benefits from PBGC.
PBGC may also release information about you to appropriate law enforcement agencies when PBGC becomes aware
of a possible violation of civil or criminal law. If PBGC, an employee of PBGC, the United States, or another agency of the
United States, is involved in litigation, PBGC may provide relevant information about you to a court or other adjudicative body
or to the Department of Justice when it represents PBGC. PBGC may also provide information about you to the Office of
Management and Budget in connection with review of private relief legislation or to a Congressional office in response to an
inquiry that office makes about you at your request.
PBGC publishes notices in the Federal Register that describe in more detail when information about you may be
made available to others. A copy of the most recent Federal Register notice may be obtained from PBGC's Customer
Contact Center by calling, 1-800-400-7242. If you use a TTY/ASCII, call toll-free 1-800-877-8339 and give the communications
assistant PBGC's telephone number. PBGC's authority to collect information from you, including your Social Security
Number, is derived from 29 U.S.C. §§ 1055, 1056(d)(3), 1302, 1321, 1322, 1322a, 1341 and 1350 (2006 & Supp. IV 2010).
PAPERWORK REDUCTION ACT NOTICE
The PBGC needs this information so that it can determine your entitlement, if any, to a pension benefit under a private defined
benefit pension plan that has terminated. A defined benefit plan is a traditional pension plan that promises a specified
monthly benefit at retirement. The PBGC does not pay benefits under 401(k) or other defined contribution plans, ongoing
defined benefit plans, government plans, and certain other plans.
Your response is voluntary. However, the information is required in order for you to receive such a pension benefit. The
PBGC will use this information to determine the form and amount of any such pension benefit and to make appropriate
payments. Under the Paperwork Reduction Act, 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. This collection of information
has been approved by the Office of Management and Budget (OMB) under control number 1212-0055 (expires December
31, 2015). The information provided to the PBGC may be disclosable under the Freedom of Information Act and the Privacy
Act.
The PBGC estimates that the average burden of responding to a request for identifying information as part of an initial contact
with the PBGC under the PBGC’s Pension Search program is about 15 minutes, and that the average burden of complying
with the information collection request in the PBGC’s application package is about one hour. Comments concerning the
accuracy of this estimate or suggestions for further reducing this burden may be sent to Pension Benefit Guaranty
Corporation, Legislative and Regulatory Department, 1200 K Street, NW, Washington, DC 20005-4026.

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