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Archived News Release — Caution: Information may be out of date.

Archived News Release — Caution: Information may be out of date.

U.S. DEPARTMENT OF LABOR

PENSION AND WELFARE BENEFITS ADMINISTRATION

ERISA ADVISORY COUNCIL TO HOLD PUBLIC MEETINGS IN JUNE

Wed., May 31, 1995

For more information call: (202) 219-8921.

The Secretary of Labor's Advisory Council on Employee Welfare and Pension Benefit Plans and its work groups will hold public meetings June 13-14 at the U. S. Department of Labor (Frances Perkins Building), 200 Constitution Ave., N. W., Washington, D. C.

On Tuesday, June 13 the pension education and real estate investment work groups will meet from 9:30 a.m. until noon and 1 until 3:30 p.m., respectively, in Room S-3215 A-B. The pension education work group will receive testimony on the types of educational information needed and the individual retirement needs of employees. The real estate investment work group will address questions on:

  • the adequacy of the current regulatory oversight of real estate investment advisors;
  • whether additional regulation is needed beyond the Securities and Exchange Commission's registration guidelines;
  • whether self-regulation of real estate investment advisors is appropriate.

On Wednesday June 14 from 9:30 a.m. until noon the defined contribution adequacy work group will meet in S-3215 A-B to address what constitutes an adequate retirement income, the studies done on defined contribution research and whether further research is needed.

Following the Wednesday meeting of the defined contribution adequacy work group, the full council will meet at 1 p.m. in Room S-2508 to receive status reports of the council's work groups and to invite public comment on any aspect of the administration of ERISA.

Individuals or organizations wishing to address the council should submit a written request before June 8 to Linda R. Jackson, acting executive secretary, ERISA Advisory Council, U. S. Department of Labor, Room N5677, 200 Constitution Ave., N. W., Washington, D.C. Oral presentations are limited to 10 minutes, but witnesses may submit an extended statement for the record.

Members of the public who do not want to testify may submit 20 copies of their statement to the above address.

The advisory council is a bipartisan group of 15 members appointed by the Secretary of Labor to represent a wide range of interest in the employee benefits area. The council advises and makes recommendations to the Secretary of Labor on the administration of ERISA.


Archived News Release — Caution: Information may be out of date.

 

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