EBSA (Formerly PWBA) Notice of Meeting
Working Group Studying Pre-Retirement Distributions From ERISA Employer-Sponsored Pension Plans Advisory Council on Employee Welfare and Pension Benefits Plans; Notice of Meeting [04/20/1998]
[PDF Version]
Volume 63, Number 75, Page 19521
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DEPARTMENT OF LABOR
Pension and Welfare Benefits Administration
Working Group Studying Pre-Retirement Distributions From ERISA
Employer-Sponsored Pension Plans Advisory Council on Employee Welfare
and Pension Benefits Plans; Notice of Meeting
Pursuant to the authority contained in Section 512 of the Employee
Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. 1142, a
public meeting will be held on Tuesday, May 5, 1998 of the new Working
Group of the Advisory Council on Employee Welfare and Pension Benefit
Plans, which will study pre-retirement distributions, including in-
service distributions and participant loans from ERISA employer-
sponsored pension plans, known in the pension benefits community as
``leakage.''
The purpose of the open meeting, which will run from 9:30 a.m. to
approximately noon on Room N-4437 C&D, U.S. Department of Labor
Building, Second and Constitution Avenue NW, Washington, DC 20210, is
for Working Group members to establish the agenda and course of study
for the upcoming Council year on the topic. The Working Group Chair
Barbara A. Uberti, vice president of the Wilmington Trust Company in
Wilmington, Del., and Vice Chair Michael R. Fanning, chief executive
officer of the Central Pension Fund International Union of Operating
Engineers and Participating Employers, Washington, DC, hope to begin
hearing testimony on the topic at the first session.
Members of the public are encouraged to file a written statement
pertaining to the topic by submitting 20 copies on or before May 1,
1998, to Sharon Morrissey, Executive Secretary, ERISA Advisory Council,
U.S. Department of Labor, Room N-5677, 200 Constitution Avenue, NW,
Washington, DC 20210. Individuals or representatives of organizations
wishing to address the Working Group should forward their request to
the Executive Secretary or telephone (202) 219-8753. Oral presentations
will be limited to 10 minutes, but an extended statement may be
submitted for the record. Individuals with disabilities, who need
special accommodations, should contact Sharon Morrissey by May 1, 1998,
at the address indicated in this notice.
Organizations or individuals also may submit statements for the
record without testifying. Twenty (20) copies of such statements should
be sent to the Executive Secretary of the Advisory Council at the above
address. Papers will be accepted and included in the record of the
meeting if received on or before May 1.
Signed at Washington, D.C. this 13th day of April, 1998.
Olena Berg,
Assistant Secretary, Pension and Welfare Benefits Administration.
[FR Doc. 98-10282 Filed 4-17-98; 8:45 am]
BILLING CODE 4510-29-M
