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Release Date: 08/30/2002
Release Number: 02-17
Contact Name: Sharon Morrissey
Phone Number: 202.693.8664
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Washington, DC - The U.S. Department of Labor is soliciting nominations to fill
five three-year vacancies on the Advisory Council on Employee Welfare and
Pension Benefit Plans. The deadline for receipt of nominations is October 1,
2002. |
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Also known as the “ERISA Advisory Council”, the Council is bipartisan and
has 15 members appointed by the Secretary of Labor to represent the groups and
fields specified in the law that are involved in employee benefits. The Council
submits recommendations to the Secretary of Labor with respect to the carrying
out of his or her functions under the Employee Retirement Income Security Act (ERISA). |
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Nominations are being accepted for five vacancies representing:
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Employers
(a single employer or a representative of an organization representing
employer groups and interests);
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Employees
and/or employee organizations (this person must represent an organization
whose members participate in a multi-employer plan);
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General
public (this member must represent persons actually receiving benefits
from a private-sector pension plan);
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Corporate
trust (a person representing financial institutions which serve as
trustees or custodians for employee benefit plans), and
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Investment
management (an investment manager for a private-sector pension plan or a
representative of an investment management firm).
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The Advisory Council meets at least four times a year. |
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Interested persons or organizations may nominate qualified persons for
membership. Recommendations must be submitted by letter, resolution or
petition and signed by the person or, in the case of an organizational
nomination, by the group's representative making the recommendation. The
nomination should briefly describe the candidate's qualifications, the group or
field the candidate is being nominated for, the candidate's political party
affiliation and availability to serve. (ERISA law mandates that no more
than eight members may represent one political party.) |
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Nominations should be submitted by October 1 to
Sharon Morrissey, executive secretary of the ERISA Advisory Council, Room
N-5677, U.S. Department of Labor, 200 Constitution Ave. NW, Washington, DC
20210. |
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U.S. Department of Labor
news releases are accessible on the Internet. The information in this news
release will be made available in alternate format upon request (large
print, Braille, audio tape or disc) from the Central Office for Assistive
Services and Technology. Please specify which news release when placing
your request. Call 202.693.7773 or TTY 202.693.7775. |
