WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation invites interested parties to submit nominations by February 16, 2024, for a spot on the agency’s Advisory Committee representing the interests of the general public.
A solicitation was recently published in the Federal Register to help ensure that a wide pool of candidates could be considered to fill the position. This position will be appointed by the president of the United States for a three-year term.
Nominees must have experience with defined benefit plans, the administration or advising of pension plans, or in related fields. The Employee Retirement Income Security Act of 1974 (ERISA) outlines several responsibilities for PBGC’s Advisory Committee, including advising on investment policy and on other matters related to PBGC’s mission.
The committee comprises seven members: two representing employee organizations, two representing employers who maintain pension plans, and three representing the general public. It meets six times a year with at least one joint session with PBGC’s Board of Directors.
PBGC is committed to equal opportunity in the workplace and seeks a broad-based and diverse Advisory Committee.