2006 National Summit on Retirement Savings; Request for Information, 33763-33764 [05-11438]

Download as PDF Federal Register / Vol. 70, No. 110 / Thursday, June 9, 2005 / Notices discrimination associated with HIV/ AIDS. • Capacity: To develop the legislative framework, tripartite collaboration, and sustainability of the program by increasing the political will and capacity of social partners (government, business and labor) to respond to the epidemic. Signed June 2, 2005. Lisa Harvey, Grants Officer, Office of Procurement Services. [FR Doc. 05–11437 Filed 6–8–05; 8:45 am] BILLING CODE 4510–28–P DEPARTMENT OF LABOR Employee Benefits Security Administration 2006 National Summit on Retirement Savings; Request for Information Employee Benefits Security Administration, Labor. ACTION: Notice of Request for Information. AGENCY: SUMMARY: This document requests comments from the public for the purpose of developing a comprehensive agenda for the third National Summit on Retirement Savings (2006 National Summit), tentatively planned to be convened in early March, 2006. The 2006 National Summit is called for by the Savings Are Vital To Everyone’s Retirement (SAVER) Act of 1997 (Pub. L. 105–92). The first National Summit was held on June 4–5, 1998, and the second Summit was held on February 28–March 1, 2002, both in Washington, DC. DATES: Written comments on suggestions for the agenda for the 2006 National Summit on Retirement Savings must be received by July 5, 2005. ADDRESSES: Written comments (preferably three copies) should be sent to the Office of Participant Assistance, Employee Benefits Security Administration, U.S. Department of Labor, Room N–5623 200 Constitution Avenue, NW., Washington, DC 20210. Attention: ‘‘2006 National Summit on Retirement Savings.’’ All submissions will be available for public inspection in the Public Documents Room of the Employee Benefits Security Administration, U.S. Department of Labor, Room N–1513, 200 Constitution Avenue, NW., Washington, DC 20210. FOR FURTHER INFORMATION CONTACT: Teresa Thomas, (202) 693–8655, Room N5623, 200 Constitution Avenue, NW., Washington, DC 20210 email address: saversummit@dol.gov. VerDate jul<14>2003 12:52 Jun 08, 2005 Jkt 205001 SUPPLEMENTARY INFORMATION: A. Background The Savings Are Vital to Everyone’s Retirement (SAVER) Act of 1997 (Pub. L. 105–92) amended the Employee Retirement Income Security Act of 1974 (ERISA) by adding a new section 517, 1 which calls for the convening of National Summits on Retirement Savings (National Summits). Section 517 of ERISA provides standards for the purposes, scope, participation, and administration of each National Summit. As outlined in the Act, the purposes of the National Summits are (1) To increase the public awareness of the value of personal savings for retirement, (2) to advance the public’s knowledge and understanding of retirement savings and its critical importance to the future well-being of American workers and their families, (3) to facilitate the development of a broad-based, public education program to encourage individual commitment to a personal retirement savings strategy, (4) to identify the problems workers have in setting aside adequate savings for retirement, (5) to identify the barriers that employers, especially small employers, face in assisting their workers in saving for retirement, (6) to examine the impact and effectiveness of individual employers in promoting personal savings for retirement among their workers and workers’ participation in company savings options, (7) to examine the impact and effectiveness of government programs at the Federal, State, and local levels in educating the public about and encouraging retirement savings, (8) to develop comprehensive recommendations for government and private sector actions to promote pensions and individual retirement savings, and (9) to develop recommendations for the coordination of retirement savings initiatives among the Federal, State, and local governments. The Act called for the convening of three National Summits. The first was held on June 4–5, 1998, in Washington, DC. The second Summit was held on February 28–March 1, 2002. The third Summit is tentatively planned for early March 2006. The SAVER Act requires the Secretary of Labor (Secretary) to prepare a report describing each Summit’s activities and to submit it to the President and Congressional leaders following the Summit’s adjournment. The SAVER Act provides that the National Summits are to be planned and conducted under the direction of the PO 00000 1 29 U.S.C. 1147. Frm 00034 Fmt 4703 Sfmt 4703 33763 Secretary of Labor, in consultation with heads of other Federal agencies as designated by the President. The Act further provides that, in planning a National Summit, the Secretary shall consult with bipartisan Congressional leaders and with at least one organization composed or private sector representatives that partners with Governmental entities to promote retirement savings. B. First National Summit The first two National Summits were convened by the President and cohosted by members of the Congressional leadership on June 4–5, 1998 and February 28–March 1, 2002. Following both Summits, final reports were prepared and submitted in accordance with the SAVER Act. These reports are publicly available through the Department of Labor’s Web site at http:/ /www.saversummit.dol.gov. The reports describe the information exchange at the Summit and any recommendations made by the Summits’ participants to achieve the goal of a financially secure retirement for all Americans. C. Information Requested The Department is now in the process of developing an agenda for the 2006 National Summit. The Department wishes to develop an agenda that builds on the primary recommendations for national retirement savings education programs presented at the earlier National Summits and that reflects, to the greatest extent possible, the purposes of the National Summit as set forth in ERISA section 517. To ensure that the Summit comprehensively serves its statutory purposes, the Department hereby solicits comments from organizations, both private and public, that have a mission to educate American workers about the importance of savings for retirement and ways to achieve retirement security. All information received will be used to develop the 2006 National Summit agenda and to help shape the information presented at the Summit. The Department intends to publish a proposed agenda in the Federal Register prior to the 2006 National Summit in accordance with the SAVER Act. The Department requests comments on the issues related to retirement savings education described above. The Department is particularly interested in comments concerning the following: 1. Suggested topics for discussing the current state of retirement savings education in America and its effect on the national retirement savings rate; 2. Ideas about programs and activities that would effectively reach the general E:\FR\FM\09JNN1.SGM 09JNN1 33764 Federal Register / Vol. 70, No. 110 / Thursday, June 9, 2005 / Notices public and, more specifically, lowincome workers, women, small business owners, minorities, youth, and older workers; 3. Success stories and model programs that have used effective communication techniques to educate low-income workers, women, minority groups, youth, and older workers about the need to save and steps that should be taken to save for retirement; 4. Measurement techniques used to assess the effectiveness of public outreach and media efforts regarding retirement savings; and 5. Ideas for creating new partnerships among public and private sector organizations to enhance existing programs for encouraging retirement savings. Submitted comments may address any or all of the aforementioned categories of information and need not be limited to those categories. In submitting comments, please refer to the pertinent topic addressed by the comment by number. Comments must be received by July 5, 2005 to be considered in conjunction with developing the agenda for the 2006 National Summit. Authority: 29 U.S.C. 1143; Secretary of Labor’s Order No. 1–87, 52 FR 13139. Signed at Washington, DC, this 3rd day of June, 2005. Bradford P. Campbell, Deputy Assistant Secretary, Employee Benefits Secretary Administration. [FR Doc. 05–11438 Filed 6–8–05; 8:45 am] BILLING CODE 4510–29–P DEPARTMENT OF LABOR Employment and Training Administration [TA–W–57,053] Armstrong Wood Products, Flooring Division, Nashville, TN; Notice of Termination of Investigation Pursuant to section 221 of the Trade Act of 1974, as amended, an investigation was initiated on April 26, 2005 in response to a petition filed by the AFL–CIO on behalf of workers at Armstrong Wood Products, Flooring Division, Nashville, Tennessee. The petitioners have requested that the petition be withdrawn. Consequently, the investigation has been terminated. VerDate jul<14>2003 12:52 Jun 08, 2005 Jkt 205001 Signed at Washington, DC, this 23rd day of May 2005. Elliott S. Kushner, Certifying Officer, Division of Trade Adjustment Assistance. [FR Doc. E5–2951 Filed 6–8–05; 8:45 am] BILLING CODE 4510–30–P DEPARTMENT OF LABOR Employment and Training Administration [TA–W–56,299, TA–W–56,299A, TA–W– 56,299B, TA–W–56,299C] Atlas Textile Company, Inc., Commerce, CA, Including Employees of Atlas Textile Company, Inc. Commerce, CA, Located in: Sunlakes, AZ; Irving TX; Westwood, NJ; Amended Notice of Certification Regarding Eligibility To Apply for Worker Adjustment Assistance and Alternative Trade Adjustment Assistance In accordance with Section 223 of the Trade Act of 1974 (19 U.S.C. 2273) the Department of Labor issued a Certification of Eligibility to Apply for Worker Adjustment Assistance and Alternative Trade Adjustment Assistance on February 8, 2005, applicable to workers of Atlas Textile Company, Inc., Commerce, California. The notice was published in the Federal Register on March 9, 2005 (70 FR 11704). At the request of the State agency, the Department reviewed the certification for workers of the subject firm. New information shows that worker separations have occurred involving employees of the Commerce, California facility of Atlas Textile Company, Inc. located in Sunlakes, Arizona, Irving, Texas and Westwood, New Jersey. These employees provided sales support services for the production of coordinated bed sheet sets, comforter sets, kitchen and bath towel sets and displays at the Commerce, California location of the subject firm. Based on these findings, the Department is amending this certification to include employees of the Commerce, California facility of Atlas Textile Company, Inc. located in Sunlakes, Arizona, Irvin, Texas and Westwood, New Jersey. The intent of the Department’s certification is to include all workers of Atlas Textile Company, Inc., Commerce, California who were adversely affected by increased imports. The amended notice applicable to TA–W–56,299 is hereby issued as follows: PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 ‘‘All workers of Atlas Textile Company, Inc., Commerce, California (TA–W–56,299), including employees of Atlas Textile Company, Inc., Commerce, California, located in Sunlakes, Arizona (TA–W– 56,299A), Irving, Texas (TA–W–56,299B), and Westwood, New Jersey (TA–W–56,299C), who became totally or partially separated from employment on or after January 4, 2004, through February 8, 2007, are eligible to apply for adjustment assistance under Section 223 of the Trade Act of 1974, and are also eligible to apply for alternative trade adjustment assistance under Section 246 of the Trade Act of 1974.’’ Signed at Washington, DC this 24th day of May 2005. Elliott S. Kushner, Certifying Officer, Division of Trade Adjustment Assistance. [FR Doc. E5–2945 Filed 6–8–05; 8:45 am] BILLING CODE 4510–30–P DEPARTMENT OF LABOR Employment and Training Administration [TA–W–57,061] Copland Fabrics, Inc. Burlington, NC; Notice of Termination of Investigation Pursuant to section 221 of the Trade Act of 1974, as amended, an investigation was initiated on April 27, 2005 in response to a petition filed by a company official on behalf of workers at Copland Fabrics, Inc., Burlington, North Carolina. The petitioner has requested that the petition be withdrawn. Consequently, the investigation has been terminated. Signed at Washington, DC, this 25th day of May 2005. Richard Church, Certifying Officer, Division of Trade Adjustment Assistance. [FR Doc. E5–2952 Filed 6–8–05; 8:45 am] BILLING CODE 4510–30–P DEPARTMENT OF LABOR Employment and Training Administration [TA–W–57,030] Dorby Frocks, New York, NY; Notice of Termination of Investigation Pursuant to section 221 of the Trade Act of 1974, an investigation was initiated on April 22, 2005 in response to a petition filed by New York, New York, DOL Workforce Development and Training Division on behalf of workers at Dorby Frock, New York, New York. The Department issued negative determinations (TA–W–56,599, 56,240 E:\FR\FM\09JNN1.SGM 09JNN1

Agencies

[Federal Register Volume 70, Number 110 (Thursday, June 9, 2005)]
[Notices]
[Pages 33763-33764]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-11438]


-----------------------------------------------------------------------

DEPARTMENT OF LABOR

Employee Benefits Security Administration


2006 National Summit on Retirement Savings; Request for 
Information

AGENCY: Employee Benefits Security Administration, Labor.

ACTION: Notice of Request for Information.

-----------------------------------------------------------------------

SUMMARY: This document requests comments from the public for the 
purpose of developing a comprehensive agenda for the third National 
Summit on Retirement Savings (2006 National Summit), tentatively 
planned to be convened in early March, 2006. The 2006 National Summit 
is called for by the Savings Are Vital To Everyone's Retirement (SAVER) 
Act of 1997 (Pub. L. 105-92). The first National Summit was held on 
June 4-5, 1998, and the second Summit was held on February 28-March 1, 
2002, both in Washington, DC.

DATES: Written comments on suggestions for the agenda for the 2006 
National Summit on Retirement Savings must be received by July 5, 2005.

ADDRESSES: Written comments (preferably three copies) should be sent to 
the Office of Participant Assistance, Employee Benefits Security 
Administration, U.S. Department of Labor, Room N-5623 200 Constitution 
Avenue, NW., Washington, DC 20210. Attention: ``2006 National Summit on 
Retirement Savings.'' All submissions will be available for public 
inspection in the Public Documents Room of the Employee Benefits 
Security Administration, U.S. Department of Labor, Room N-1513, 200 
Constitution Avenue, NW., Washington, DC 20210.

FOR FURTHER INFORMATION CONTACT: Teresa Thomas, (202) 693-8655, Room 
N5623, 200 Constitution Avenue, NW., Washington, DC 20210 email 
address: saversummit@dol.gov.

SUPPLEMENTARY INFORMATION:

A. Background

    The Savings Are Vital to Everyone's Retirement (SAVER) Act of 1997 
(Pub. L. 105-92) amended the Employee Retirement Income Security Act of 
1974 (ERISA) by adding a new section 517, \1\ which calls for the 
convening of National Summits on Retirement Savings (National Summits). 
Section 517 of ERISA provides standards for the purposes, scope, 
participation, and administration of each National Summit.
---------------------------------------------------------------------------

    \1\ 29 U.S.C. 1147.
---------------------------------------------------------------------------

    As outlined in the Act, the purposes of the National Summits are 
(1) To increase the public awareness of the value of personal savings 
for retirement, (2) to advance the public's knowledge and understanding 
of retirement savings and its critical importance to the future well-
being of American workers and their families, (3) to facilitate the 
development of a broad-based, public education program to encourage 
individual commitment to a personal retirement savings strategy, (4) to 
identify the problems workers have in setting aside adequate savings 
for retirement, (5) to identify the barriers that employers, especially 
small employers, face in assisting their workers in saving for 
retirement, (6) to examine the impact and effectiveness of individual 
employers in promoting personal savings for retirement among their 
workers and workers' participation in company savings options, (7) to 
examine the impact and effectiveness of government programs at the 
Federal, State, and local levels in educating the public about and 
encouraging retirement savings, (8) to develop comprehensive 
recommendations for government and private sector actions to promote 
pensions and individual retirement savings, and (9) to develop 
recommendations for the coordination of retirement savings initiatives 
among the Federal, State, and local governments.
    The Act called for the convening of three National Summits. The 
first was held on June 4-5, 1998, in Washington, DC. The second Summit 
was held on February 28-March 1, 2002. The third Summit is tentatively 
planned for early March 2006. The SAVER Act requires the Secretary of 
Labor (Secretary) to prepare a report describing each Summit's 
activities and to submit it to the President and Congressional leaders 
following the Summit's adjournment.
    The SAVER Act provides that the National Summits are to be planned 
and conducted under the direction of the Secretary of Labor, in 
consultation with heads of other Federal agencies as designated by the 
President. The Act further provides that, in planning a National 
Summit, the Secretary shall consult with bipartisan Congressional 
leaders and with at least one organization composed or private sector 
representatives that partners with Governmental entities to promote 
retirement savings.

B. First National Summit

    The first two National Summits were convened by the President and 
co-hosted by members of the Congressional leadership on June 4-5, 1998 
and February 28-March 1, 2002. Following both Summits, final reports 
were prepared and submitted in accordance with the SAVER Act. These 
reports are publicly available through the Department of Labor's Web 
site at https://www.saversummit.dol.gov. The reports describe the 
information exchange at the Summit and any recommendations made by the 
Summits' participants to achieve the goal of a financially secure 
retirement for all Americans.

C. Information Requested

    The Department is now in the process of developing an agenda for 
the 2006 National Summit. The Department wishes to develop an agenda 
that builds on the primary recommendations for national retirement 
savings education programs presented at the earlier National Summits 
and that reflects, to the greatest extent possible, the purposes of the 
National Summit as set forth in ERISA section 517. To ensure that the 
Summit comprehensively serves its statutory purposes, the Department 
hereby solicits comments from organizations, both private and public, 
that have a mission to educate American workers about the importance of 
savings for retirement and ways to achieve retirement security. All 
information received will be used to develop the 2006 National Summit 
agenda and to help shape the information presented at the Summit. The 
Department intends to publish a proposed agenda in the Federal Register 
prior to the 2006 National Summit in accordance with the SAVER Act.
    The Department requests comments on the issues related to 
retirement savings education described above. The Department is 
particularly interested in comments concerning the following:
    1. Suggested topics for discussing the current state of retirement 
savings education in America and its effect on the national retirement 
savings rate;
    2. Ideas about programs and activities that would effectively reach 
the general

[[Page 33764]]

public and, more specifically, low-income workers, women, small 
business owners, minorities, youth, and older workers;
    3. Success stories and model programs that have used effective 
communication techniques to educate low-income workers, women, minority 
groups, youth, and older workers about the need to save and steps that 
should be taken to save for retirement;
    4. Measurement techniques used to assess the effectiveness of 
public outreach and media efforts regarding retirement savings; and
    5. Ideas for creating new partnerships among public and private 
sector organizations to enhance existing programs for encouraging 
retirement savings.
    Submitted comments may address any or all of the aforementioned 
categories of information and need not be limited to those categories. 
In submitting comments, please refer to the pertinent topic addressed 
by the comment by number. Comments must be received by July 5, 2005 to 
be considered in conjunction with developing the agenda for the 2006 
National Summit.

    Authority: 29 U.S.C. 1143; Secretary of Labor's Order No. 1-87, 
52 FR 13139.

    Signed at Washington, DC, this 3rd day of June, 2005.
Bradford P. Campbell,
Deputy Assistant Secretary, Employee Benefits Secretary Administration.
[FR Doc. 05-11438 Filed 6-8-05; 8:45 am]
BILLING CODE 4510-29-P

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