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Archived News Release--Caution:
information may be out of date.
For more information call: (202) 219-8921
The Advisory Council on Employee Welfare and Pension Benefit Plans and
its working groups will hold public meetings on Sept. 16 and 17 in Room N-5437
A&B, U.S. Department of Labor, 200 Constitution Avenue, N. W., Washington,
D.C. 20210.
On Sept. 16, from 9:30 to noon, the Working Group on the Merits of
Defined Contribution vs. Defined Benefit Plans with an Emphasis on Small
Business Concerns will hear testimony on the formation of defined benefit plans
for small business. From 1 to 5 p.m., the Working Group on Employer Assets in
ERISA Employer-Sponsored Plans will hear from organizations or persons favoring
placing limits on employer securities as significant plan assets of defined
contribution plans.
On Sept. 17, from 9:30 a.m. to noon, the Working Group on Soft Dollar
Arrangements and Commission Recapture will receive testimony from members of
the financial community on soft dollar and directed brokerage practices. The
full council will then meet from 1 to 2:30 p.m. to get updates from the three
working groups and on activities of the agency.
Individuals or organizations wishing to address the council should
submit 20 copies of a written statement before Sept. 7 to Sharon Morrissey,
executive secretary, ERISA Advisory Council, U.S. Department of Labor, Suite
N-5677, 200 Constitution Ave., N.W., Washington, D.C. 20210, or telephone (202)
219-8753. Oral presentations are limited to 10 minutes but witnesses may submit
an extended statement for the record.
Members of the public who do not wish to testify may submit 20 copies of
their statement to the above address. Individuals with disabilities who need
special accommodations should also contact the department by Sept. 7 at the
address above.
The Advisory Council is a bipartisan group of 15 members appointed by
the Secretary of Labor to represent a wide range of interests in the employee
benefit area.
The council advises and makes recommendations to the secretary on the
administration of ERISA.
Archived News Release--Caution:
information may be out of date.
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