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Release Date: 05/09/2002
Release Number: USDL 02-288
Contact Name: Sharon Morrissey
Phone Number: 202.693.8668
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Washington, DC - Secretary of Labor Elaine L.
Chao will meet with the Advisory Council of Employee Welfare and Pension Plans
today to swear in the Council’s new members and to talk with the group about
how it can assist in improving the retirement security of America’s workers. |
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“Since the passage of the Employee
Retirement Income Security Act in 1974, Secretaries of Labor have relied on the
advice of benefits practitioners who have served on the ERISA Advisory
Council,” said Secretary Chao, “I am looking forward to the Council’s
consideration of issues important to preserving and enhancing the retirement and
health benefits security of the American worker.” |
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Secretary Chao also will announce the
Council’s new leadership. James S. Ray of Alexandria, Virginia and Ronnie Sue
Thierman of San Francisco, California, will take over the reins of the 15-person
advisory committee at the meeting. |
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Ray, an employee organization
representative, chaired the Council’s 2001 Working Group on Increasing Pension
Coverage. He is in private legal practice working with many of the
nation’s multi-employer plans. He previously served on the Advisory
Council in the early 90s and was its vice chair. Thierman, who is a principal
with Mercer Human Resources Consulting, is the actuarial profession
representative on the Council. She was vice chair of the 2001 Working
Group on Challenges to the Employment-Based Healthcare System. |
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The new members whose three-year terms
commence today are Michele Weldon, director of the Financial Services Industry
Practice of PricewaterhouseCoopers, LLP’s Audit and Business Advisory
Services, Boston, Massachusetts, as the accounting profession’s representative; David
Wray, president of the Profit Sharing/401(k) Council of Chicago, Illinois, as an
employer representative; John Szczur, director of investments, Central Pension
Fund of the International Union of Operating Engineers and Participating
Employers of Washington, DC, an employee organization representative; Judy
Weiss, vice president in charge of retirement and savings business matters,
Metropolitan Life Insurance of New York City, as the insurance industry
representative; and Dana Muir, associate professor of business law at the
University of Michigan Business School, Ann Arbor, representing the
general public. |
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U.S. Department of Labor
news releases are accessible on the Internet. The information in this news
release will be made available in alternate format upon request (large
print, Braille, audio tape or disc) from the Central Office for Assistive
Services and Technology. Please specify which news release when placing
your request. Call 202.693.7773 or TTY 202.693.7775. |
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