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News Release

EBSA News Release: [06/22/2011]
Contact Name: Jason Surbey or Michael Trupo
Phone Number: (202) 693-4668 or x6588
Release Number: 11-0955-NAT

US Department of Laborís ERISA Advisory Council to hold July meeting

WASHINGTONThe U.S. Department of Labor's Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council, will meet July 1921 at Labor Department headquarters, 200 Constitution Ave. NW, Washington, D.C., 20210, in Room C-5515-1A.

The meeting will take place from 9 a.m.5 p.m. EDT on July 19, and from 8:30 a.m. — 5 p.m. EDT on July 20 and 21. In addition to testimony from invited witnesses, the July 20 agenda will include an update on the activities of the department's Employee Benefits Security Administration. Topics being studied by this year's council include the following:

  • Hedge funds and private equity investments.
  • Privacy and security issues affecting employee benefit plans, other than health care plans.
  • Current challenges and best practices for Employee Retirement Income Security Act compliance for 403(b) plan sponsors.

The meeting is open to the public. The ERISA Advisory Council consists of 15 members appointed to staggered three-year terms by the secretary of labor. The members represent the general public, employers and employee organizations, as well as the fields of insurance, corporate trust, investment management, investment counseling, accounting and actuarial counseling.