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EBSA News Release: [06/17/2004]
Contact Name: Gloria
Della
Phone Number: (202) 693-8664
U.S. Secretary of Labor Elaine L. Chao Meets with 2004
ERISA Advisory Council
WASHINGTON—Secretary of Labor Elaine L. Chao met with the
Advisory Council of Employee Welfare and Pension Plans to welcome the
Council’s new members and discuss ways to improve the retirement security
and health coverage of America’s workers.
“The year’s Advisory Council’s members will be a source
of unique insights into a variety of issues facing pension, health and other
benefit plans under the Employee Retirement Income Security Act,”
Secretary Chao said. “Recent Council recommendations resulted in a
fiduciary education program unveiled last month to help employers and those who
service plans to better meet their fiduciary responsibilities under the law. I
look forward to working with the Council as they consider emerging issues
affecting the retirement and health benefits of workers and their
families.”
Secretary Chao also announced the new leadership of the 15-member
Advisory Council. David Wray of Chicago will serve as the chair and R. Todd
Gardenhire of Chattanooga, Tenn. as vice chair.
New members appointed to three-year terms to represent various
stakeholders in the employee benefits world include Charles J. Clark, vice
president of Aon Consulting in New Jersey, representing actuarial counseling;
Lynn L. Franzoi, senior vice president of benefits for the Fox Entertainment
Group, Inc. in California, representing employer organizations; Neil Gladstein,
senior research economist and assistant director of the Strategic Resources
Department of the International Association of Machinists and Aerospace Workers
in Maryland, representing employee organizations; Sherrie E. Grabot, president,
founder and chief executive officer of GuidedChoice, Inc of California,
representing investment counseling; and Tim Knopp, member of the Oregon House
of Representatives, former state majority leader of the House and chair of the
House Public Employees Retirement System Committee in Oregon, representing the
general public.
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