The Advisory Committee on Veterans' Employment, Training and Employer Outreach (ACVETEO); Notice of Open Meeting, 70896 [E7-24157]
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70896
Federal Register / Vol. 72, No. 239 / Thursday, December 13, 2007 / Notices
(4) The proposed exemption, if
granted, will be supplemental to, and
not in derogation of, any other
provisions of the Act, including
statutory or administrative exemptions
and transitional rules.
Proposed Exemption
The Department has under
consideration the grant of the following
class exemption under the authority of
section 408(a) of the Act and in
accordance with the procedures set
forth in 29 CFR part 2570, subpart B (55
Fed Reg. 32836, 32847, August 10,
1990).
Section I—Exemption for the Plan
Fiduciary Entering Certain Contracts or
Arrangements With a Service Provider
Effective [90 days after publication of
the final exemption in the Federal
Register], the restrictions of section
406(a)(1)(C) of the Act shall not apply to
a plan fiduciary who uses its authority
to cause an employee benefit plan to
enter into (extend or renew) a written
contract or arrangement for the
provision of services (‘‘the responsible
plan fiduciary’’), notwithstanding the
service provider’s initial or subsequent
failure to comply with its contractual
obligation to disclose certain
information as required by 29 CFR
2550.408b–2(c)(1) (‘‘disclosure
obligations’’), provided that the
conditions set forth in section II below
are met.
mstockstill on PROD1PC66 with NOTICES
Section II—Conditions
A. The responsible plan fiduciary,
taking into account all of the
information available at the time the
contract or arrangement was entered
into, extended or renewed, reasonably
believed that the contract or
arrangement met the requirements of 29
CFR § 2550.408b–2(c)(1) and did not
know, or have reason to know, that the
service provider failed or would fail to
comply with its disclosure obligations;
B.1. The responsible plan fiduciary,
upon discovering that the service
provider failed to comply with its
disclosure obligations, shall, if it has not
already received the information that
the service provider failed to disclose
under its disclosure obligations, request
in writing that the service provider
furnish the information;
2. If the service provider fails to
comply with the plan fiduciary’s written
request within 90 days of the date of
that request, the responsible plan
fiduciary shall, in accordance with
Section III, notify the Department of
Labor of the service provider’s failure;
and
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C. The responsible plan fiduciary,
following discovery that the service
provider failed to comply with its
disclosure obligations, shall determine
whether to terminate or continue the
contract or arrangement. The
responsible plan fiduciary will evaluate
the nature of the particular disclosure
failure and determine the actions
necessary under the facts and
circumstances. Such fiduciary shall
consider, among other factors, the
availability, qualifications and costs of
potential replacement service providers,
and the responsiveness of the service
provider in furnishing the information
that the service provider should have
disclosed, but did not, under its
disclosure obligations.
Section III—Notice Requirements
A. The notice required by Section
II.B.2 shall contain the following
information: (i) The name of the plan;
(ii) the three digit plan number used for
the plan’s Annual Report; (iii) the plan
sponsor’s name, address, and EIN; (iv)
the name, address, and telephone
number of the responsible fiduciary; (v)
the name, address, phone number, and,
if known, EIN of the service provider;
(vi) a description of the services
provided to the plan; (vii) a description
of the information that the service
provider failed to furnish; (viii) the date
on which such information was
requested in writing from the service
provider; and (ix) a statement as to
whether the service provider continues
to provide services to the plan;
B. The notice required by Section
II.B.2 shall be filed with the Department
not later than 30 days following the
earlier of: (i) The service provider’s
refusal to furnish the requested
information; or (ii) the date which is 90
days after the date the written request
referred to in Section II.B.1 is made; and
C. The notice required by Section
II.B.2 shall be sent to the following
address: U.S. Department of Labor,
Employee Benefits Security
Administration, Office of Enforcement,
200 Constitution Ave., NW., Suite 600,
Washington, DC 20210; or may be sent
electronically to OEDelinquentSPnotice@dol.gov.
Signed at Washington, DC, this 7th day of
December, 2007.
Bradford P. Campbell,
Assistant Secretary, Employee Benefits
Security Administration, Department of
Labor.
[FR Doc. E7–24063 Filed 12–12–07; 8:45 am]
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DEPARTMENT OF LABOR
Office of the Assistant Secretary for
Veterans’ Employment and Training
The Advisory Committee on Veterans’
Employment, Training and Employer
Outreach (ACVETEO); Notice of Open
Meeting
The Advisory Committee on Veterans’
Employment, Training and Employer
Outreach (ACVETEO) was established
pursuant to Title II of the Veterans’
Housing Opportunity and Benefits
Improvement Act of 2006 (P.L. 109–233)
and Section 9 of the Federal Advisory
Committee Act (FACA) (P.L. 92–462,
Title 5 U.S.C. app.II). The ACVETEO’s
authority is codified in Title 38 U.S.
Code, Section 4110.
The ACVETEO is responsible for
assessing employment and training
needs of veterans; determining the
extent to which the programs and
activities of the Department of Labor
meets these needs; and assisting in
carrying out outreach to employers
seeking to hire veterans.
The Advisory Committee on Veterans’
Employment, Training and Employer
Outreach will meet on Monday,
February 11th from 1 p.m. to 5 p.m. and
on Tuesday, February 12th from 8 a.m.
to 1:30 p.m. at the Doubletree Hotel,
3203 Quebec Street, Denver, Colorado
80207.
The committee will discuss programs
assisting veterans seeking employment
with special emphasis on transition
assistance programs (TAP) and raising
employer awareness as to the
advantages of hiring veterans.
Individuals needing special
accommodations should notify Bill
Offutt at (202) 693–4717 by February 2,
2008.
Signed in Washington, DC, this 6th day of
December 2007.
John M. McWilliam,
Deputy Assistant Secretary, Veterans
Employment and Training.
[FR Doc. E7–24157 Filed 12–12–07; 8:45 am]
BILLING CODE 4510–79–P
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SPACE ADMINISTRATION
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Notice of Intent To Grant Exclusive
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National Aeronautics and
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ACTION: Notice of intent to grant
exclusive license.
AGENCY:
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[Federal Register Volume 72, Number 239 (Thursday, December 13, 2007)]
[Notices]
[Page 70896]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-24157]
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DEPARTMENT OF LABOR
Office of the Assistant Secretary for Veterans' Employment and
Training
The Advisory Committee on Veterans' Employment, Training and
Employer Outreach (ACVETEO); Notice of Open Meeting
The Advisory Committee on Veterans' Employment, Training and
Employer Outreach (ACVETEO) was established pursuant to Title II of the
Veterans' Housing Opportunity and Benefits Improvement Act of 2006
(P.L. 109-233) and Section 9 of the Federal Advisory Committee Act
(FACA) (P.L. 92-462, Title 5 U.S.C. app.II). The ACVETEO's authority is
codified in Title 38 U.S. Code, Section 4110.
The ACVETEO is responsible for assessing employment and training
needs of veterans; determining the extent to which the programs and
activities of the Department of Labor meets these needs; and assisting
in carrying out outreach to employers seeking to hire veterans.
The Advisory Committee on Veterans' Employment, Training and
Employer Outreach will meet on Monday, February 11th from 1 p.m. to 5
p.m. and on Tuesday, February 12th from 8 a.m. to 1:30 p.m. at the
Doubletree Hotel, 3203 Quebec Street, Denver, Colorado 80207.
The committee will discuss programs assisting veterans seeking
employment with special emphasis on transition assistance programs
(TAP) and raising employer awareness as to the advantages of hiring
veterans.
Individuals needing special accommodations should notify Bill
Offutt at (202) 693-4717 by February 2, 2008.
Signed in Washington, DC, this 6th day of December 2007.
John M. McWilliam,
Deputy Assistant Secretary, Veterans Employment and Training.
[FR Doc. E7-24157 Filed 12-12-07; 8:45 am]
BILLING CODE 4510-79-P