[Federal Register Volume 62, Number 204 (Wednesday, October 22, 1997)]
[Notices]
[Page 54857]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-27958]


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DEPARTMENT OF LABOR

Office of the Secretary


Advisory Council on Employee Welfare and Pension Benefit Plans; 
Reopening and Extending the Time for Receipt of Nominations for 
Vacancies Until November 7, 1997

    Section 512 of the Employee Retirement Income Security Act of 1974 
(ERISA), 88 Stat. 895, 29 U.S.C. 1142, provides for an ``Advisory 
Council on Employee Welfare and Pension Benefit Plans'' (the Council), 
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 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 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 an 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 
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, D.C. 20210. This notice is being issued to reopen and 
further extend the period in which recommendations can be delivered or 
mailed. The new date for receipt of recommendations is on or before 
November 7, 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, D.C., this 16 day of October, 1997.
Olena Berg,
Assistant Secretary of Labor, Pension and Welfare Benefits 
Administration.
[FR Doc. 97-27958 Filed 10-21-97; 8:45 am]
BILLING CODE 4510-29-M