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DOL Extends Nomination Period for 2018 ERISA Advisory Council

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has extended until the end of this month the deadline to submit nominations to serve on the ERISA Advisory Council.

The agency is soliciting nominations to fill five 3-year vacancies on the Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council. The deadline to submit nominations, which had originally been August 1, has been extended until August 31.

The 15-member council provides advice on policies and regulations affecting employee benefit plans governed by ERISA. The Secretary of Labor appoints members for staggered 3-year terms. Members represent specified groups or fields that are involved in employee benefits. The council meets at least four times a year and makes recommendations to the Secretary of Labor regarding functions carried out under ERISA. Participation in the council’s meetings and other work generally requires a commitment of at least 15 to 20 days per year.

The EBSA will accept nominations to fill one vacancy in these five fields:

  • employee organizations

  • employers

  • corporate trust

  • investment management

  • the general public

Interested individuals and organizations may nominate candidates who are qualified to advise the Secretary with respect to the carrying out of his functions under ERISA.

Additional information about the process and nominations is online here.