Advisory Council on Employee Welfare and Pension Benefit Plans;
Nominations for Vacancies
[07/27/2007]
Volume 72, Number 144, Page 41355
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DEPARTMENT OF LABOR
Employee Benefits Security Administration
Advisory Council on Employee Welfare and Pension Benefit Plans;
Nominations for Vacancies
Section 512 of the Employee Retirement Income Security Act of 1974
(ERISA), 88 Stat. 895, 29 U.S.C. 1142, provides for the establishment
of an Advisory Council on Employee Welfare and Pension Benefit Plans
(the Council), which is to consist of 15 members to be appointed by the
Secretary of Labor (the Secretary) as follows: Three representatives of
employee organizations (at least one of whom shall be a representative
of an organization whose members are participants in a multiemployer
plan); three representatives of employers (at least one of whom shall
be a representative of employers maintaining or contributing to
multiemployer plans); one representative each from the fields of
insurance, corporate trust, actuarial counseling, investment
counseling, investment management, and accounting; and three
representatives from the general public (one of whom shall be a person
representing those receiving benefits from a retirement plan). No more
than eight members of the Council shall be members of the same
political party.
Members shall be persons qualified to appraise the programs
instituted under ERISA. Appointments are for terms of three years. The
prescribed duties of the Council are to advise the Secretary with
respect to the carrying out of his or her functions under ERISA, and to
submit to the Secretary, or his or her designee, recommendations with
respect thereto. The Council will meet at least four times each year.
The terms of five members of the Council expire on November 14,
2007. The groups or fields they represent are as follows: (1) Employee
organizations; (2) employers; (3) insurance; (4) accounting; and (5)
the general public (representing those receiving benefits from a
retirement plan). The Department of Labor is committed to equal
opportunity in the workplace and seeks a broad-based and diverse
Advisory Council.
Accordingly, notice is hereby given that any person or organization
desiring to recommend one or more individuals for appointment to the
Advisory Council on Employee Welfare and Pension Benefit Plans to
represent any of the groups or fields specified in the preceding
paragraph, may submit recommendations to Larry Good, ERISA Advisory
Council Executive Secretary, Frances Perkins Building, U.S. Department
of Labor, 200 Constitution Avenue, NW., Suite N-5623, Washington, DC
20210.
Recommendations must be delivered or mailed on or before October 1,
2007. Recommendations may be in the form of a letter, resolution or
petition, signed by the person making the recommendation or, in the
case of a recommendation by an organization, by an authorized
representative of the organization. Recommendations should include the
position for which the nominee is recommended and the nominee's contact
information. The recommendation also must state that the candidate will
accept appointment to the Council if offered and commit to attend
meetings and to actively participate in the Council's work to carry out
its responsibilities under ERISA. Historically, this has meant a
commitment of 15-20 days per year.
Signed at Washington, DC this 20th day of July, 2007.
Bradford P. Campbell,
Acting Assistant Secretary, Employee Benefits Security Administration.
[FR Doc. E7-14469 Filed 7-26-07; 8:45 am]
BILLING CODE 4510-29-P
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