Nominations for 2012 ERISA Advisory Council

The DOL has posted a notice for nominations for the 2012 ERISA Advisory Council.

Documents Excerpt

Section 512 of the Employee Retirement Income Security Act of 1974
(ERISA), 88 Stat. 895, 29 U.S.C. 1142, provides for the establishment
of an Advisory Council on Employee Welfare and Pension Benefit Plans
(the Council), which is to consist of 15 members to be appointed by the
Secretary of Labor (the Secretary) as follows: Three representatives of
employee organizations (at least one of whom shall be a representative
of an organization whose members are participants in a multiemployer
plan); three representatives of employers (at least one of whom shall
be a representative of employers maintaining or contributing to
multiemployer plans); one representative each from the fields of
insurance, corporate trust, actuarial counseling, investment
counseling, investment management, and accounting; and three
representatives from the general public (one of whom shall be a person
representing those receiving benefits from a pension plan). No more
than eight members of the Council shall be members of the same
political party.


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