|
 Printer-Friendly Version
Archived News Release--Caution:
information may be out of date.
For more information call:
Secretary of Labor Robert B. Reich today announced his
appointment of five new members to the Advisory Council on Employee Welfare and
Pension Benefit Plans who will represent various sectors of the employee
benefit field.
The advisory council, comprised of 15 members named by the
Secretary of Labor, submits policy recommendations concerning the
implementation of the Employee Retirement Income Security Act.
Representing the accounting profession will be Marilee
Lau, assurance partner of KPMG Peat Marwick's North American operation located
in San Francisco. A certified public accountant with experience in employee
benefit plan issues, Lau has been a member of the American Institute of
Certified Public Accountants' employee benefit plans committee for the past
three years. She also served on the AICPA's audit review task force.
Vivian Hobbs, a partner in the Washington, D.C. law office
of Arnold and Porter, will represent employee organizations. She has worked
during the past 13 years for the National Coordinating Committee for
Multiemployer Plans, which represents some 240 pension and welfare plans that
cover nine million participants and beneficiaries.
Richard McGahey, economist and partner in Neece, Cator,
McGahey & Associates in Washington, D.C., will represent employer
organizations. He was executive director of the Joint Economic Committee of the
U.S. Congress and chief economist for the Senate's Committee on Labor and Human
Resources. He was part of the Clinton-Gore transition team for the Department
of Labor and helped assess issues related to the Pension and Welfare Benefits
Administration and the Pension Benefit Guaranty Corporation.
Representing the insurance industry will be Kenneth S.
Cohen, senior vice president and associate general counsel of Massachusetts
Mutual Life Insurance of Springfield, Mass. Cohen recently completed his third
year as chair of the American Council of Life Insurance's pension committee,
the principal policy committee for the insurance industry on pension and other
employee benefit matters. He also served on the U.S. Chamber of Commerce's
health and employee benefits committee and has written several articles on
various pension issues and lectured in this arena.
James O. Wood, III, executive director of the Louisiana
State Employees' Retirement System in Baton Rouge, is the new representative of
the general public. An attorney, Wood has experience with both corporate and
public benefit plans. He administers the $3.5 billion pension and disability
plan for approximately 100,000 Louisiana state employees and retirees.
Previously, he was director of benefit programs for Carolina Power and Light
Co. in Raleigh, N.C.
The new members will be sworn in April 8 during 9:30 a.m.
ceremonies at the Council's first meeting of the year. The event will take
place in the Secretary's Conference Room, S2508, at the U.S. Department of
Labor's Frances Perkins Building at 200 Constitution Avenue N.W., Washington,
D.C.
Archived News Release--Caution:
information may be out of date.
| 
