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U.S. Department of Labor Invites Nominations for ERISA Advisory Council
WASHINGTON, DC – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) today announced that it is accepting nominations to serve on the Advisory Council on Employee Welfare and Pension Benefit Plans, known as the ERISA Advisory Council. The terms of five Council members expire on Dec. 31, 2018.
The Council provides advice on policies and regulations affecting employee benefit plans governed by the Employee Retirement Income Security Act of 1974 (ERISA). By law, members of the Council serve for staggered three-year terms, and they must be qualified to appraise the programs instituted under ERISA. In a notice published in the Federal Register, EBSA said it seeks candidates for each of five fields: employee organizations; employers; actuarial counseling; investment counseling; and the general public.
Nominations to fill the five vacancies must be submitted by Sept. 17, 2018. For more information about the nomination process, please see the Federal Register notice. For more information about the ERISA Advisory Council, please visit the EBSA website.