[Federal Register Volume 61, Number 145 (Friday, July 26, 1996)]
[Notices]
[Page 39155]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-19056]
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DEPARTMENT OF LABOR
Advisory Council on Employee Welfare and Pension Benefit Plans;
Announcement of Vacancies Request for Nominations
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 representative of an organization whose members are participants in
a multiemployer plan); three representatives of employers (at least one
of whom shall be 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 pension plan). Not 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, and recommendations of the Council to the Secretary will be
included in the Secretary's annual report to the Congress on ERISA.
The terms of five members of the Council expire Thursday, November
14, 1996. The groups or fields represented are as follows: employee
organizations (multiemployer plans), investment management, corporate
trust, employers and the general public (pensioners).
Accordingly, notice is hereby given that any person or organization
desiring to recommend one or more individuals for appointment to the
ERISA 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 Sharon Morrissey, Acting
Executive Secretary, ERISA Advisory Council, Frances Perkins Building,
U.S. Department of Labor, 200 Constitution Avenue, N.W., Suite N-5677,
Washington, D.C. 20210. Recommendations must be delivered or mailed on
or before October 1, 1996. 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. Each
recommendation should identify the candidate by name, occupation or
position, telephone number and address. It should also include a brief
description of the candidate's qualifications, the group or field which
he or she would represent for the purposes of Section 512 of ERISA, the
candidates' political party affiliation, and whether the candidate is
available and would accept.
Signed at Washington, D.C. this 22nd day of July, 1996.
Olena Berg,
Assistant Secretary of Labor, Pension and Welfare Benefits
Administration.
[FR Doc. 96-19056 Filed 7-25-96; 8:45 am]
BILLING CODE 4510-29-M
