[Federal Register Volume 66, Number 54 (Tuesday, March 20, 2001)]
[Notices]
[Page 15763]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-6783]


-----------------------------------------------------------------------

DEPARTMENT OF LABOR

Pension and Welfare Benefits Administration


Working Group on Planning for Retirement Advisory Council on 
Employee Welfare and Pension Benefits Plans; Notice of Meeting

    Pursuant to the authority contained in section 512 of the Employee 
Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. 1142, a 
public meeting will be held Monday, April 9, 2001, of the Advisory 
Council on Employee Welfare and Pension Benefit Plans Working Group 
assigned to study planning for retirement.
    The session will take place in Room N-5437 A-C, U.S. Department of 
Labor Building, Second and Constitution Avenue, NW., Washington, DC 
20210. The purpose of the open meeting, which will run from 1 p.m. to 
approximately 3:30 p.m., is for working group members to decide what 
course their study will take during 2001 and to begin taking testimony 
on the issue to include considerations retirees should address for 
their ``golden years''--sources of retirement income (Social Security, 
personal savings, pay outs (lump sum or annuities) from employer-
sponsored defined benefit and/or defined contribution plans) as well as 
what healthcare costs they can anticipate. With a substantial 
percentage of the American workforce rapidly approaching the 
traditional retirement window, the question is whether they are 
appropriately prepared for this transition. The working group will 
explore what employees need to do to best prepare for this transition.
    Named as chair of the working group is Thomas M. McMahon, senior 
vice president of finance and administration at the Pacific Maritime 
Association in San Francisco, Calif. and the vice chair is Norman 
Stein, law professor at the University of Alabama at Tuscaloosa. 
Members of the public are encouraged to file a written statement 
pertaining to the topic by submitting 20 copies on or before April 1, 
2001, to Sharon Morrissey, Executive Secretary, ERISA Advisory Council, 
U.S. Department of Labor, Room N-5677, 200 Constitution Avenue, NW., 
Washington, DC 20210. Individuals or representatives of organizations 
wishing to address the Working Group should forward their request to 
the Executive Secretary or telephone (202) 219-8753. Oral presentations 
will be limited to 10 minutes, but an extended statement may be 
submitted for the record. Individuals with disabilities, who need 
special accommodations, should contact Sharon Morrissey by April 1, at 
the address indicated in this notice.
    Organizations or individuals may also submit statements for the 
record without testifying. Twenty (20) copies of such statements should 
be sent to the Executive Secretary of the Advisory Council at the above 
address. Papers will be accepted and included in the record of the 
meeting if received on or before April 1.

    Signed at Washington, DC this 13th day of March 2001.
Alan D. Lebowitz,
Acting Assistant Secretary, Pension and Welfare Benefits 
Administration.
[FR Doc. 01-6783 Filed 3-19-01; 8:45 am]
BILLING CODE 4510-29-M