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Employee Benefits Security Administration

EBSA Federal Register Notice

Advisory Council on Employee Welfare and Pension Benefit Plans; Nominations for Vacancies [07/27/2007]

[PDF Version]

Volume 72, Number 144, Page 41355

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DEPARTMENT OF LABOR

Employee Benefits Security Administration

 
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 a representative 
of an organization whose members are participants in a multiemployer 
plan); three representatives of employers (at least one of whom shall 
be a 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 retirement 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.
    The terms of five members of the Council expire on November 14, 
2007. The groups or fields they represent are as follows: (1) Employee 
organizations; (2) employers; (3) insurance; (4) accounting; and (5) 
the general public (representing those receiving benefits from a 
retirement plan). The Department of Labor is committed to equal 
opportunity in the workplace and seeks a broad-based and diverse 
Advisory Council.
    Accordingly, notice is hereby given that any person or organization 
desiring to recommend one or more individuals for appointment to the 
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 Larry Good, ERISA Advisory 
Council Executive Secretary, Frances Perkins Building, U.S. Department 
of Labor, 200 Constitution Avenue, NW., Suite N-5623, Washington, DC 
20210.
    Recommendations must be delivered or mailed on or before October 1, 
2007. 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. Recommendations should include the 
position for which the nominee is recommended and the nominee's contact 
information. The recommendation also must state that the candidate will 
accept appointment to the Council if offered and commit to attend 
meetings and to actively participate in the Council's work to carry out 
its responsibilities under ERISA. Historically, this has meant a 
commitment of 15-20 days per year.

    Signed at Washington, DC this 20th day of July, 2007.
Bradford P. Campbell,
Acting Assistant Secretary, Employee Benefits Security Administration.
 [FR Doc. E7-14469 Filed 7-26-07; 8:45 am]

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