Advisory Council on Employee Welfare and Pension Benefit Plans; Nominations for Vacancies

[Federal Register Volume 64, Number 146 (Friday, July 30, 1999)]
[Notices]
[Page 41465]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-19535]


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DEPARTMENT OF LABOR

Office of the Secretary


Advisory Council on Employee Welfare and Pension Benefit Plans; 
Nominations for Vacancies

    Section 512 of the Employee Retirement Income Security Act of 1974 
(ERISA), 88 Stat. 895, 29 U.S.C. 1142, provides for the establishment 
of an ``Advisory Council on Employee Welfare and Pension Benefit 
Plans'' (the Council), which is to consist of 15 members to be 
appointed by the Secretary of Labor (the Secretary) as follows: Three 
representatives of employee organizations (at least one of whom shall 
be representative of an organization whose members are participants in 
a multiemployer plan); three representatives of employers (at least one 
of whom shall be representative of employers maintaining or 
contributing to multiemployer plans); one representative each from the 
fields of insurance, corporate trust, actuarial counseling, investment 
counseling, investment management and accounting; and three 
representatives from the general public (one of whom shall be a person 
representing those receiving benefits from a pension plan). No more 
than eight members of the Council shall be members of the same 
political party.
    Members shall be persons qualified to appraise the programs 
instituted under ERISA. Appointments are for terms of three years. The 
prescribed duties of the Council are to advise the Secretary with 
respect to the carrying out of his or her functions under ERISA, and to 
submit to the Secretary, or his or her designee, recommendations with 
respect thereto. The Council will meet at least four times each year, 
and recommendations of the Council to the Secretary will be included in 
the Secretary's annual report to the Congress on ERISA.
    The terms of five members of the Council expire on November 14, 
1999. The groups or fields they represented are as follows: employee 
organizations, corporate trust, investment management, employers and 
the general public.
    Accordingly, notice is hereby given that any person or organization 
desiring to recommend one or more individuals for appointment to the 
ERISA Advisory Council on Employee Welfare and Pension Benefit Plans to 
represent any of the groups or field specified in the preceding 
paragraph, may submit recommendations to Sharon Morrissey, Executive 
Secretary, ERISA Advisory Council, Frances Perkins Building, U.S. 
Department of Labor, 200 Constitution Avenue, NW, Suite N-5677, 
Washington, DC 20210. Recommendations must be delivered or mailed on or 
before October 1, 1999. Recommendations may be in the form of a letter, 
resolution or petition, signed by the person making the recommendation 
or, in the case of a recommendation by an organization, by an 
authorized representative of the organization. Each recommendation 
should contain a detailed statement of the nominee's background.

    Signed at Washington, DC, this 26th day of July, 1999.
Richard McGahey,
Assistant Secretary of Labor, Pension and Welfare Benefits 
Administration.
[FR Doc. 99-19535 Filed 7-29-99; 8:45 am]
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