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EBSA Moves Forward with Plan for Use of Focus Groups and Survey Regarding Pension Benefit Statements; Seeks OMB Approval
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] [Official Guidance] Aug. 9, 2013 "This new [Information Collection Request under the Paperwork Reduction Act] seeks OMB approval to conduct a survey and an experiment on participants in an existing household American Life Panel (ALP) via the Internet and to conduct four focus groups of non-panel members. The survey and focus groups would explore whether information contained in sample benefit statements can be presented in a way that improves recipients' understanding of the statements and helps them better plan for retirement. Specifically, the EBSA would collect data through four focus groups that will pretest the model benefits statements, each containing slightly different information, and a survey of 2,900 ALP respondents. For additional substantive information about this ICR, see the related notice published in the Federal Register on January 22, 2013 (78 FR 4458)." |
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