[Federal Register Volume 63, Number 96 (Tuesday, May 19, 1998)]
[Notices]
[Pages 27600-27601]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-13262]


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DEPARTMENT OF LABOR

Pension and Welfare Benefits Administration


National Summit on Retirement Savings; Notice of Meeting

AGENCY: Pension and Welfare Benefits Administration, Labor.

ACTION: Notice of meeting agenda.

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SUMMARY: This document provides notice of the agenda for the National 
Summit on Retirement Savings, as called for by the Savings Are Vital To 
Everyone's Retirement (SAVER) Act, which amends Title I of the Employee 
Retirement Income Security Act of 1974.

DATES: The National Summit on Retirement Savings will be held on 
Thursday, June 4, 1998, and Friday, June 5, 1998, beginning at 8:45 am 
E.S.T. on June 4, and ending at 1 pm E.S.T. on June 5.

ADDRESS: The Summit will be held at the Hyatt Regency on Capitol Hill, 
400 New Jersey Ave., NW, Washington, DC 20001.

FOR FURTHER INFORMATION CONTACT: Jay Rosenblum, Office of the Assistant 
Secretary, Pension and Welfare Benefits Administration, US Department 
of Labor, Room S-2524, 200 Constitution Ave., NW, Washington, DC 20210, 
(202) 219-8233, or Don Blandin, President, American Savings Education 
Council, Suite 600, 2121 K Street, NW, Washington, DC 20037-1896, (202) 
659-0670. These are not toll-free numbers.

SUPPLEMENTARY INFORMATION: On November 20, 1997, the President signed 
Public Law 105-92 (1997), the ``Savings Are Vital to Everyone's 
Retirement Act of 1997'' (SAVER). The SAVER legislation is aimed at 
advancing the public's knowledge and understanding of the importance of 
retirement savings by: (1) Providing a bipartisan National Summit on 
Retirement Savings co-hosted by the President and the Congressional 
Leadership in the House and Senate; and (2) establishing an ongoing 
educational program coordinated by the Department of Labor. The Summit 
will be held June 4 and 5, 1998 in Washington.
    The purpose of the Summit is to: (1) Increase public awareness of 
the value of personal savings for retirement, (2) advance the public's 
knowledge and understanding of retirement savings and its importance to 
the well being of all Americans, (3) facilitate the development of a 
broad-based, public retirement savings education program, (4) identify 
the barriers faced by workers who want to save for retirement, (5) 
identify the barriers which employers, especially small employers, face 
in assisting their workers in accumulating retirement savings, (6) 
examine the impact and effectiveness of individual employers who 
promote personal savings and retirement savings plan participation 
among their workers, (7) examine the impact and effectiveness of 
government programs at the Federal, State, and local levels to educate 
the public about retirement savings principles, (8) develop 
recommendations for governmental and private sector action to promote 
pensions and individual retirement savings, and (9) develop 
recommendations for the coordination of Federal, State, and local 
retirement savings education initiative.
    The Agenda for the National Summit on Retirement Savings follows. 
This agenda is subject to change.

Thurs, June 4, 1998

7:00am-8:00am  Registration at Hotel
8:00am-9:00am  Breakfast
9:00am-9:30am  Opening Session: Welcome and Remarks By Presiding 
Officers
9:30am-10:45am  Session One: Panel Discussion on Current State--
Savings & Education Today
    Panelists:
    1. Dallas Salisbury, Employee Benefit Research Institute 
(moderator)
    2. Mathew Greenwald, Mathew Greenwald and Associates
    3. Josephine Tsao, IBM
    4. James Ray, Connerton Ray
    5. Craig Hoffman, Corbel & Company
    6. Ann Combs, William M. Mercer Companies Inc.
10:45am-11:00am  Break
11:00am-12:00pm  Keynote Session: Remarks by the President, the 
Speaker of the House, and other Congressional Leadership
12:00pm-1:00pm  Concurrent Breakout Session: Employee and Employer 
Barriers
1:00pm-2:30pm  Lunch with Speakers
2:30pm-3:45pm  Concurrent Breakout Session: Employee and Employer 
Opportunities
3:45pm-4:30pm  Free Time
4:30pm-7:15pm  White House Reception
7:30pm-9:30pm  Dinner and Speeches by Congressional Leadership

Day Two, Fri. 6/5

8:00am-9:00am  Working Breakfast with Breakout Groups
9:15am-10:45am  Session Two: Panel Discussion on Public and Private-
Sector Outreach Activities/Best Practices
    Panelists:
    1. David Walker, Arthur Andersen LLP (Moderator)
    2. Olena Berg, United States Department of Labor
    3. Jim Hill, National Association of State Treasurers
    4. Horace Holmes, WJLA-TV, Albritton Communications Company
    5. Robert L. Reynolds, Fidelity Investments
    6. Anthony R. Amato, Hard Rock Cafe International
10:45am-11:00am  Break
11:00am-12:15pm  Final Session: Summary of Breakout Group 
Discussions
12:15pm-1:00pm  Closing Session: Thank You and Challenge
    Public Participation: Participation is limited to invited 
delegates.

Notice of Meeting

    Notice is hereby given that a National Summit on Retirement Savings 
will be held on Thursday, June 4, 1998, and Friday, June 5, 1998, at 
the Hyatt Regency on Capitol Hill, 400 New Jersey Ave., NW, Washington, 
DC 20001.


[[Page 27601]]


    Signed at Washington, DC, this 13th day of May, 1998
Olena Berg,
Assistant Secretary, Pension and Welfare Benefits Administration, 
Department of Labor.
[FR Doc. 98-13262 Filed 5-18-98; 8:45 am]
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