[Federal Register Volume 64, Number 146 (Friday, July 30, 1999)]
[Notices]
[Page 41465]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-19535]
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DEPARTMENT OF LABOR
Office of the Secretary
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 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). 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,
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 on November 14,
1999. The groups or fields they represented are as follows: employee
organizations, corporate trust, investment management, employers and
the general public.
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 field specified in the preceding
paragraph, may submit recommendations to Sharon Morrissey, Executive
Secretary, ERISA Advisory Council, Frances Perkins Building, U.S.
Department of Labor, 200 Constitution Avenue, NW, Suite N-5677,
Washington, DC 20210. Recommendations must be delivered or mailed on or
before October 1, 1999. 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 contain a detailed statement of the nominee's background.
Signed at Washington, DC, this 26th day of July, 1999.
Richard McGahey,
Assistant Secretary of Labor, Pension and Welfare Benefits
Administration.
[FR Doc. 99-19535 Filed 7-29-99; 8:45 am]
BILLING CODE 4510-29-M
