ICI Conference Call to Discuss Rep. Miller 401(k) Disclosure Legislation Scheduled for August 16, at 4:00 PM ET

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August 10, 2007

TO: PENSION COMMITTEE No. 24-07
PENSION OPERATIONS ADVISORY COMMITTEE No. 24-07 RE: ICI CONFERENCE CALL TO DISCUSS REP. MILLER 401(K) DISCLOSURE LEGISLATION SCHEDULED FOR AUGUST 16, AT 4:00 PM ET

 

The Institute will hold a conference call on Thursday, August 16 at 4:00 PM Eastern to discuss the “401(k) Fair Disclosure for Retirement Security Act of 2007” (H.R. 3185).  This bill, which would create additional sponsor- and participant-level disclosure requirements under ERISA and require a 401(k) plan to include at least one index fund among its investment options, was introduced by Representative George Miller, Chairman of the House Education and Labor Committee, on July 26. [1]

If you would like to participate in the call, please complete the attached response form and fax it to Brenda Turner at 202/326-5841 or e-mail it to bturner@ici.org by noon on Thursday, August 16, 2007. To participate, please dial 1-800-619-3328 and enter passcode 57036.  As a reminder, because all lines are open to facilitate discussion, please remember to place your line on mute when not speaking and do not place the call on hold.

Michael L. Hadley
Assistant Counsel

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endnotes

 [1] For a description of legislation and a link to the bill language, see Memorandum to Pension Members No. 44-07, Federal Legislation Members No. 4-07, Bank, Trust and Recordkeeper Advisory Committee No. 25-07, Broker/Dealer Advisory Committee No. 43-07, and Operations Committee No. 19-07 [21396], dated July 27, 2007.