[Federal Register Volume 68, Number 21 (Friday, January 31, 2003)]
[Notices]
[Page 5051]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-2288]


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DEPARTMENT OF LABOR

Office of the Secretary


Advisory Council on Employee Welfare and Pension Benefit Plans; 
Notice of Reestablishment

    In accordance with the provisions of the Federal Advisory Committee 
Act and Office of Management and Budget Circular A-63 and after 
consultation with the General Services Administration (GSA), the 
Secretary of Labor has determined that the reestablishment of the 
Advisory Council on Employee Welfare and Pension Benefit Plans is in 
the public interest in connection with the performance of duties 
imposed on the Department by section 512(a)(1) of the Employee 
Retirement Income Security Act of 1974 (ERISA).
    The Advisory Council on Employee Welfare and Pension Benefit Plans 
shall advise the Secretary of Labor on technical aspects of the 
provisions of ERISA and shall provide reports and/or recommendations by 
November 14 of each year on its findings to the Secretary of Labor.
    The Council shall be composed of 15 members appointed by the 
Secretary. Not more than eight members of the Council shall be of the 
same political party. Three of the members shall be representatives of 
employee organizations, (at least one of whom shall be representative 
of any organization members of which are participants in a 
multiemployer plan); three of the members shall be representatives of 
employers (at a multiemployer plan); three of the members shall be 
representatives of employers (at least one of whom shall be 
representative of employers maintaining or contributing to 
multiemployer plans); three members shall be representatives appointed 
from the general public (one of whom shall be a person representing 
those receiving benefits from a pension plan); and there shall be one 
representative each from the fields of insurance, corporate trust, 
actuarial counseling, investment counseling, investment management, and 
the accounting field.
    The Advisory Council will report to the Secretary of Labor. It will 
function solely as an advisory body and in compliance with the 
provisions of the Federal Advisory Committee Act, and its charter will 
be filed under the Act. For further information, contact Sharon K. 
Morrissey, Executive Secretary, Advisory Council on Employee Welfare 
and Pension Benefit Plans, U.S. Department of Labor, 200 Constitution 
Avenue, NW., Washington, DC 20210, telephone (202) 693-8322.

    Signed in Washington, DC, this 23rd day of January, 2003.
Elaine L. Chao,
Secretary of Labor.
[FR Doc. 03-2288 Filed 1-30-03; 8:45 am]
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