[Federal Register Volume 67, Number 166 (Tuesday, August 27, 2002)]
[Notices]
[Page 55034]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-21760]


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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 multi employer plan); three representatives of employers (at least 
one of whom shall be representative of employers maintaining or 
contributing to multi employer 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, 
2002. The groups or fields they represented are as follows:
     Employee organizations (this person must represent an 
organization whose members participate in a multi-employer plan);
     Corporate trust (a person representing financial 
institutions which serve as trustees or custodians for employee benefit 
plans);
     Investment management (an investment manager for a 
private-sector pension plan or a representative of an investment 
management firm);
     Employer (a single employer or a representative of an 
organization representing employer groups and interests); and
     General public (this member must represent persons 
actually receiving benefits from a private sector plan).
    The Department of Labor is committed to equal opportunity in the 
workplace and seeks a broad-based and diverse ERISA Advisory Council 
membership.
    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 a specific group or field listed 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, 2002. 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.

    Signed at Washington, DC, this 21st day of August, 2002.
Ann L. Combs,
Assistant Secretary of Labor, Pension and Welfare Benefits 
Administration.
[FR Doc. 02-21760 Filed 8-26-02; 8:45 am]
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