Notice2023-28803
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
January 2, 2024
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
<html>
<head>
<title>Federal Register, Volume 89 Issue 1 (Tuesday, January 2, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 1 (Tuesday, January 2, 2024)]
[Notices]
[Pages 112-113]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-28803]
=======================================================================
-----------------------------------------------------------------------
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.
-----------------------------------------------------------------------
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 February 16, 2024.
Please allow three weeks for regular mail delivery to PBGC.
ADDRESSES: Nominations must be submitted electronically to
<a href="/cdn-cgi/l/email-protection#a3ecc5c5cac0c6ecc5f7cbc6e7cad1c6c0d7ccd1e3d3c1c4c08dc4ccd5"><span class="__cf_email__" data-cfemail="f6b990909f9593b990a29e93b29f849395829984b686949195d8919980">[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:
<bullet> two representatives of employee organizations;
<bullet> two representatives of employers who maintain pension
plans; and
<bullet> three representatives of the general public.
No more than four members of the Committee shall be members of the
same political party. Anyone currently
[[Page 113]]
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, 2024, the term of one of the Advisory Committee
members, representing the general public, will have expired. Therefore,
PBGC is seeking nominations for one seat.
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, 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:
<bullet> 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);
<bullet> state that the candidate will accept appointment to the
Advisory Committee if offered;
<bullet> include the nominee's full name, work affiliation, mailing
address, phone number, and email address;
<bullet> include the nominator's full name, mailing address, phone
number, and email address; and
<bullet> 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 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. 2023-28803 Filed 12-29-23; 8:45 am]
BILLING CODE 7709-02-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on January 2, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.