Notice2022-27267
Solicitation of Nominations for Appointment to the Advisory Committee of the Pension Benefit Guaranty Corporation
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
December 16, 2022
Issuing agencies
Pension Benefit Guaranty Corporation
Abstract
The Pension Benefit Guaranty Corporation (PBGC) is soliciting nominations for appointment to the Advisory Committee of the PBGC.
Full Text
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<title>Federal Register, Volume 87 Issue 241 (Friday, December 16, 2022)</title>
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[Federal Register Volume 87, Number 241 (Friday, December 16, 2022)]
[Notices]
[Pages 77150-77151]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-27267]
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PENSION BENEFIT GUARANTY CORPORATION
Solicitation of Nominations for Appointment to the Advisory
Committee of the Pension Benefit Guaranty Corporation
AGENCY: Pension Benefit Guaranty Corporation.
ACTION: Notice.
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SUMMARY: The Pension Benefit Guaranty Corporation (PBGC) is soliciting
nominations for appointment to the Advisory Committee of the PBGC.
DATES: Nominations must be received on or before January 30, 2023.
Please allow three weeks for regular mail delivery to PBGC.
ADDRESSES: Nominations must be submitted electronically to
<a href="/cdn-cgi/l/email-protection#6d220b0b040e08220b39050829041f080e19021f2d1d0f0a0e430a021b"><span class="__cf_email__" data-cfemail="9bd4fdfdf2f8fed4fdcff3fedff2e9fef8eff4e9dbebf9fcf8b5fcf4ed">[email protected]</span></a> as email attachments in Word or pdf
format, or by mail to Office of the Director, Pension Benefit Guaranty
Corporation, 445 12th Street SW, Washington, DC 20024-2101.
SUPPLEMENTARY INFORMATION:
The Pension Benefit Guaranty Corporation (PBGC or the Corporation)
administers the pension plan termination insurance program under Title
IV of the Employee Retirement Income Security Act of 1974 (ERISA).
Section 4002(h) of ERISA provides for the establishment of an Advisory
Committee to the Corporation. The Advisory Committee consists of seven
members appointed by the President from among individuals recommended
by the PBGC Board of Directors, which consists of the Secretaries of
Labor, Treasury, and Commerce. The Advisory Committee members are as
follows: Two representatives of employee organizations; two
representatives of employers who maintain pension plans; and three
representatives of the general public.
No more than four members of the Committee shall be members of the
same political party. Anyone currently subject to federal registration
requirements as a lobbyist is not eligible for appointment.
Advisory Committee members must have experience with employee
organizations, employers who maintain defined benefit pension plans,
the administration or advising of pension plans, or in related fields.
Appointments are for 3-year terms. Reappointments are possible but are
subject to the appointment process.
The Advisory Committee's prescribed duties include advising the
Corporation as to its policies and procedures relating to investment of
moneys, and other issues as the Corporation may request or as the
Advisory Committee determines appropriate. The Advisory Committee meets
at least six times each year. At least one meeting is a joint meeting
with the PBGC Board of Directors.
By February 19, 2023, the terms of three of the Advisory Committee
members, one representing the general public and two representing
employee organizations, will have expired. Therefore, PBGC is seeking
nominations for three seats.
PBGC is committed to equal opportunity in the workplace and seeks a
broad-based and diverse Advisory Committee.
If you or your organization wants to nominate one or more people
for appointment to the Advisory Committee to represent the general
public or employee organizations, you may submit nominations to PBGC.
Nominations may be in the form of a letter, resolution or petition,
signed by the person making the nomination. PBGC encourages you to
include additional supporting letters of nomination. PBGC will not
consider self-nominees who have no supporting letters. Please do not
include any information that you do not want publicly disclosed.
Nominations, including supporting letters, should: state the
person's qualifications to serve on the Advisory Committee (including
any specialized knowledge or experience relevant to the nominee's
proposed Advisory Committee position to represent the general public or
employee organizations); state that the candidate will accept
appointment to the Advisory Committee if offered; include the nominee's
full name, work affiliation, mailing address, phone number, and email
address; include the nominator's full name, mailing address, phone
number, and email address; and include the nominator's signature,
whether sent by email or otherwise.
PBGC will contact nominees for information on their political
affiliation and their status as registered lobbyists. Nominees should
be aware of the time commitment for attending meetings and actively
participating in the work of the Advisory Committee. Historically, this
has meant a commitment of at least 15
[[Page 77151]]
days per year. PBGC has a process for vetting nominees under
consideration for appointment.
Issued in Washington, DC.
Gordon Hartogensis,
Director, Pension Benefit Guaranty Corporation.
[FR Doc. 2022-27267 Filed 12-15-22; 8:45 am]
BILLING CODE 7709-02-P
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