Published on March 18, 2014 | by LawNews
Alumnus Neal Schelberg ’79 Appointed Chair of ERISA Advisory Council
On March 12, U.S. Secretary of Labor Thomas E. Perez named Hofstra Law alumnus Neal S. Schelberg ’79 chair of the 2014 Advisory Council on Employee Welfare and Pension Benefits Plans, known as the ERISA Advisory Council.
Schelberg, who is a partner at Proskauer Rose LLP in the Labor & Employment Law Department and a member of the Employee Benefits, Executive Compensation & ERISA Litigation Group, is recognized nationally as a leading employee benefits lawyer. He is legal counsel to the boards of trustees of over 50 multiemployer and single employer pension and welfare benefit plans. He has more than 30 years of experience in the employee benefits field as an attorney, author and professor.
Schelberg was originally appointed by the labor secretary to the ERISA Advisory Council for a three-year term beginning in 2012, and he served as the council’s vice chair in 2013.
The 15-member council provides advice on policies and regulations affecting employee benefit plans governed by the Employee Retirement Income Security Act of 1974 (ERISA). Members of the council serve for staggered three-year terms. Employee organizations, employers and the general public are represented by three members for each category. Additionally, there is one representative each from the fields of insurance, corporate trust, actuarial counseling, investment counseling, investment management and accounting.