EBSA Press Release: ERISA Advisory Council to Hold Public Meetings In September [08/27/1996]

For more information call: (202) 219-8921
 

The Advisory Council on Employee Welfare and Pension Benefit Plans and its working groups will hold public meetings on Sept. 10 and 11, 1996, in Room S3215 A&B, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, D.C.

On Sept. 10 from 9:30 a.m. to noon, the Working Group on Guidance for Selecting and Monitoring Service Providers will receive testimony from mutual funds and insurance industry officials on how to guide plans in selecting investment consultants and advisers. From 1 to 3:30 p.m., the Working Group on Protections for Benefit Plan Participants will meet to receive testimony on the issue.

On Sept. 11 from 9:30 a.m. to noon, the Working Group on the Impact of Alternative Tax Proposals on ERISA Employer-Sponsored Plans will take public testimony on various federal tax reform proposals and the impact they may have on employer-sponsored ERISA plans. The full council will meet from 1 to 2 p.m. to brief Assistant Secretary Olena Berg on the status of the Working Groups' progress this year and to be briefed by her on the activities and accomplishments of the agency and the department.

Individuals or organizations wishing to address the council should submit 20 copies before Sept. 3 to Sharon Morrissey, acting executive secretary, ERISA Advisory Council, U.S. Department of Labor, Suite N-5677, 200 Constitution Ave., N.W., Washington, D.C. 20210. Oral presentations are limited to 10 minutes, but witnesses may submit an extended statement for the record.

Those who do not wish to testify may submit 20 copies of their statement to the above address. Individuals with disabilities who need special accommodations should also contact the department by Sept. 5 at the address above.

The Advisory Council is a bipartisan group of 15 members appointed by the Secretary of Labor to represent a wide range of interests in the employee benefit area. The council advises and makes recommendations to the Secretary on the administration of the Employee Retirement Income Security Act (ERISA).