Friday, July 22, 2011
The U.S. Department of Labor’s Employee Benefits Security Administration is soliciting nominations to fill five three-year vacancies on the Advisory Council on Employee Welfare and Pension Benefit Plans, known as the ERISA Advisory Council. The deadline to submit nominations is Sept. 16.
The 15-member council provides advice on policies and regulations affecting employee benefit plans governed by the Employee Retirement Income Security Act. Members serve for staggered three-year terms and are appointed by the secretary of labor to represent specified groups and fields that are involved in employee benefits. The council meets at least four times a year and makes recommendations to the secretary regarding functions carried out under ERISA.
Nominations are being accepted for one vacancy each to represent the fields of employee organizations, employers, corporate trust, investment management and the general public. Interested persons or organizations may nominate qualified individuals for membership.