[Federal Register Volume 62, Number 185 (Wednesday, September 24, 1997)]
[Notices]
[Page 49995]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-25353]


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DEPARTMENT OF LABOR

Office of the Secretary


Advisory Council on Employee Welfare and Pension Benefit Plans; 
Extending the Time for Receipt of Nominations for Vacancies Until 
October 15, 1997

    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 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 Friday, November 
14, 1997. The groups or fields represented are as follows: employee 
organizations (multiemployer plans), investment counseling, actuarial 
counseling, employers and the general public (pensioners). In addition, 
this year nominations also are being sought for individuals interested 
in an appointment to fill one year of a unexpired three-year term of a 
Council member who died while serving on the Council. That unexpired 
term calls for naming an employee organization (multiemployer) 
representative.
    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 fields 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. This notice is being issued to extend the period 
in which recommendations can be delivered or mailed. The new date for 
receipt of recommendations is on or before October 15, 1997. 
Nominations for a particular category of membership should come from 
organizations or individuals within that category. A summary of the 
candidate's qualifications should be included with the nomination.

    Signed at Washington, DC, this 19th day of September, 1997.
Olena Berg,
Assistant Secretary of Labor, Pension and Welfare Benefits 
Administration.
[FR Doc. 97-25353 Filed 9-23-97; 8:45 am]
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