President Bush Appoints Ross Professor
Dana Muir has been chosen to serve on the Advisory Committee to the Pension Benefit Guaranty Corporation.
ANN ARBOR, Mich.---Dana Muir, the Arthur F. Thurnau Professor of Business Law at the Ross School, has been appointed by President Bush to the Advisory Committee to the Pension Benefit Guaranty Corporation. Her term expires in February 2011.
The PBGC is a federal corporation created under the Employee Retirement Income Security Act of 1974 (ERISA). It currently guarantees payment of basic pension benefits earned by 44 million American workers and retirees participating in more than 30,000 private-sector defined benefit pension plans ---those that promise to pay a specified monthly benefit at retirement, commonly based on salary and years on the job.
The PBGC Advisory Committee carries out several specific responsibilities outlined by ERISA, including advising on PBGC investment policies and procedures, the trusteeship of terminated plans and other matters.
Each member of the PBGC Advisory Committee represents the interests of either the general public, employers or employees. Muir was appointed to represent the general public.
Muir, author of the book "A Manager's Guide to Employment Law: Protecting Your Company and Yourself," specializes in employment, compensation and benefits law. She is editor-in-chief of the annual supplement to the journal Employee Benefits Law, was a delegate to the first and second White House/Congressional National Summit on Retirement Savings and has served as a member of the Department of Labor's Advisory Council on Employee Welfare and Pension Benefit Plans.
For more information, contact:
Bernie DeGroat, (734) 936-1015 or 647-1847, firstname.lastname@example.org