WASHINGTON - President Obama named Joyce Mader of Washington, D.C., as chair of the Advisory Committee of the Pension Benefit Guaranty Corporation. She has been a member of the committee since 2011, and was reappointed in 2014.
"I am delighted that Joyce Mader has been appointed and has agreed to serve as chair of the Advisory Committee," said PBGC Acting Director Alice Maroni. "She is an excellent choice. Joyce has been a great asset to the committee in her previous capacity as a member, and she will be an outstanding chair."
Members of the committee are charged with representing the concerns of PBGC's stakeholders. Mader will continue to represent the interests of employee organizations. She replaces outgoing chair David Strauss of Bismarck, N.D., who served as committee chair for two terms and previously served as PBGC's executive director from 1997 to 2001.
Mader is a senior partner of the Washington, D.C. based law firm O'Donoghue & O'Donoghue LLP, which she joined in 1976. She specializes in employee benefits practice, and has been primarily involved in the representation of multiemployer pension, health and other employee benefit plans and tax exempt organizations.
From 1994 to 1997, Mader served on the Department of Labor's ERISA Advisory Council, which she chaired in 1997. She frequently speaks before labor, industry and educational groups on issues concerning employee benefit plans.
Mader received her undergraduate degree from Dickinson College, Carlisle Pa., in 1973, and her Juris Doctor from The Columbus School of Law of the Catholic University of America, Washington, D.C. in 1976.
PBGC protects the pension benefits of more than 41 million Americans in private‐sector pension plans. The agency is responsible for more than1.5 million people in failed pension plans. PBGC receives no taxpayer dollars and never has. Its operations are financed by insurance premiums, investment income, and with assets and recoveries from failed plans. For more information, visit PBGC.gov.