EBSA Press Release: ERISA Advisory Council Working Groups to Hear Testimony in August [07/17/1998]

Archived News Release — Caution: Information may be out of date.

For more information call: (202) 219-8921

The three working groups formed this year by the Advisory Council on Employee Welfare and Pension Benefit Plans will hold public meetings Aug. 11 and 12. All sessions will take place in Conference Room N-4437 C&D at the U.S. Department of Labor's Frances Perkins Building, 200 Constitution Avenue NW, Washington, DC.

The subcommittee studying disclosure of information on the quality of health care plan will meet from 9:30 a.m. to noon on Tuesday, Aug. 11. The working group on how to enhance and encourage the establishment of pension plans by small business will convene from 1 - 4 p.m. the same day.

The working group on retirement plan leakage will primarily discuss in-service distributions as well as hardship and participant loans from employer-sponsored pension plans. They will meet from 9:30 a.m. until noon on Wednesday, Aug. 12.

All three groups will continue taking testimony on their subjects at the August session as well as in September before preparing reports of their findings and presenting them to Secretary of Labor Alexis M. Herman by the full Council's final meeting, set for Nov. 13. There is no full Advisory Council meeting planned for the August session.

Individuals or organizations wishing to address issues being studied by the individual working groups should contact Sharon Morrissey, executive secretary, ERISA Advisory Council, U.S. Department of Labor, Suite N-5677, 200 Constitution Ave., NW, Washington, DC, 20210 before Aug. 4. Oral presentations are limited to 10 minutes, but witnesses may submit extended statements for the record.

Members of the public who do not wish to testify before the individual groups, but who want their statements included as part of the official proceedings may submit 20 copies of their statements to the above address. Individuals with disabilities who wish to attend the sessions and need special accommodations also should contact the department by Aug. 4 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 benefits area. The council advises and makes recommendations to the Labor Secretary on the administration of the Employee Retirement Income Security Act (ERISA).

Archived News Release — Caution: Information may be out of date.