[Federal Register Volume 87, Number 241 (Friday, December 16, 2022)]
[Notices]
[Pages 77150-77151]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-27267]


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PENSION BENEFIT GUARANTY CORPORATION


Solicitation of Nominations for Appointment to the Advisory 
Committee of the Pension Benefit Guaranty Corporation

AGENCY: Pension Benefit Guaranty Corporation.

ACTION: Notice.

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SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is soliciting 
nominations for appointment to the Advisory Committee of the PBGC.

DATES: Nominations must be received on or before January 30, 2023. 
Please allow three weeks for regular mail delivery to PBGC.

ADDRESSES: Nominations must be submitted electronically to 
[email protected] as email attachments in Word or pdf 
format, or by mail to Office of the Director, Pension Benefit Guaranty 
Corporation, 445 12th Street SW, Washington, DC 20024-2101.

SUPPLEMENTARY INFORMATION: 
    The Pension Benefit Guaranty Corporation (PBGC or the Corporation) 
administers the pension plan termination insurance program under Title 
IV of the Employee Retirement Income Security Act of 1974 (ERISA). 
Section 4002(h) of ERISA provides for the establishment of an Advisory 
Committee to the Corporation. The Advisory Committee consists of seven 
members appointed by the President from among individuals recommended 
by the PBGC Board of Directors, which consists of the Secretaries of 
Labor, Treasury, and Commerce. The Advisory Committee members are as 
follows: Two representatives of employee organizations; two 
representatives of employers who maintain pension plans; and three 
representatives of the general public.
    No more than four members of the Committee shall be members of the 
same political party. Anyone currently subject to federal registration 
requirements as a lobbyist is not eligible for appointment.
    Advisory Committee members must have experience with employee 
organizations, employers who maintain defined benefit pension plans, 
the administration or advising of pension plans, or in related fields. 
Appointments are for 3-year terms. Reappointments are possible but are 
subject to the appointment process.
    The Advisory Committee's prescribed duties include advising the 
Corporation as to its policies and procedures relating to investment of 
moneys, and other issues as the Corporation may request or as the 
Advisory Committee determines appropriate. The Advisory Committee meets 
at least six times each year. At least one meeting is a joint meeting 
with the PBGC Board of Directors.
    By February 19, 2023, the terms of three of the Advisory Committee 
members, one representing the general public and two representing 
employee organizations, will have expired. Therefore, PBGC is seeking 
nominations for three seats.
    PBGC is committed to equal opportunity in the workplace and seeks a 
broad-based and diverse Advisory Committee.
    If you or your organization wants to nominate one or more people 
for appointment to the Advisory Committee to represent the general 
public or employee organizations, you may submit nominations to PBGC. 
Nominations may be in the form of a letter, resolution or petition, 
signed by the person making the nomination. PBGC encourages you to 
include additional supporting letters of nomination. PBGC will not 
consider self-nominees who have no supporting letters. Please do not 
include any information that you do not want publicly disclosed.
    Nominations, including supporting letters, should: state the 
person's qualifications to serve on the Advisory Committee (including 
any specialized knowledge or experience relevant to the nominee's 
proposed Advisory Committee position to represent the general public or 
employee organizations); state that the candidate will accept 
appointment to the Advisory Committee if offered; include the nominee's 
full name, work affiliation, mailing address, phone number, and email 
address; include the nominator's full name, mailing address, phone 
number, and email address; and include the nominator's signature, 
whether sent by email or otherwise.
    PBGC will contact nominees for information on their political 
affiliation and their status as registered lobbyists. Nominees should 
be aware of the time commitment for attending meetings and actively 
participating in the work of the Advisory Committee. Historically, this 
has meant a commitment of at least 15

[[Page 77151]]

days per year. PBGC has a process for vetting nominees under 
consideration for appointment.

    Issued in Washington, DC.
Gordon Hartogensis,
Director, Pension Benefit Guaranty Corporation.
[FR Doc. 2022-27267 Filed 12-15-22; 8:45 am]
BILLING CODE 7709-02-P