ERISA ADVISORY COUNCIL’S WORKING GROUPS TO TAKE TESTIMONY ON 1999 STUDY ISSUES

Archived News Release — Caution: Information may be out of date.

The Secretary of Labor’s Advisory Committee on Employee Welfare and Pension Benefit Plans will hold meetings for its three working groups on May 5 and 6. All sessions will be held at the Department of Labor’s Frances Perkins Building at 200 Constitution Avenue NW, Washington, DC, in Room N3437A-B.

The working group studying benefit implications of the growth of a contingent workforce will take testimony on the topic at its session on May 5 from 9:30 a.m. until approximately noon.

From 1:00 p.m. until approximately 3:30 p.m. on May 5, the second working group will meet to continue exploring the possibility of using surplus pension assets to secure retiree health benefits.

The third working group, studying issues surrounding the trend in the defined benefit market with a focus on employer-sponsored hybrid plans, will meet May 6 from 9:30 a.m. until approximately noon on May 6.

Persons wishing to appear before any of the working groups or to submit written testimony on any of the three topics for 1999 may do so by contacting Sharon Morrissey, executive secretary of the Advisory Council, at Room N5656, Department of Labor, 200 Constitution Avenue NW, Washington, DC 20210. Her direct telephone number is (202)219- 8921. If written testimony is to be provided, submit 20 copies to Ms. Morrissey before April 30.

Persons with disabilities wishing to attend the sessions and needing special accommodations, can also contact Ms. Morrissey by April 30.

The ERISA Advisory Council, as it is more commonly known, serves the Secretary of Labor, offering her advice on policies pertaining to the Employee Retirement Income Security Act (ERISA) and other related legislation affecting employee benefit programs provided by private sector employees. Each year the Advisory Council’s 15 members select topics of study and volunteer to serve on at least two of the Advisory Council’s working groups. Their studies will result in reports and/or recommendations to be completed by the end of the Advisory Council year on Nov. 14.

This information will be made available to sensory impaired individuals upon request. Voice phone call (202) 219-8921, TDD phone 1-800-326-2577.

U.S. Department of Labor news releases are accessible on the Internet. The information in this news release will be made available in alternate format upon request (large print, Braille, audio tape or disc) from the Central Office for Assistive Services and Technology. Please specify which news release when placing your request. Call 202.693.7773 or TTY 202.693.7775.

Archived News Release — Caution: Information may be out of date.

Contact Name: Sharon Morrissey
Phone Number: (202) 219-8921