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7345882
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President announces appointment of John A. Cardon to be a member of the Advisory Committee to the Pension Benefit Guaranty Corporation [Position Appointments and Resignations]
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7345882
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document
title
President announces appointment of John A. Cardon to be a member of the Advisory Committee to the Pension Benefit Guaranty Corporation [Position Appointments and Resignations]
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White House Press Releases (Ford Administration)
Press Releases
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7345882
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27
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1976-09-27
month
9
year
1976
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nara-archive
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1
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document
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10d9456f4c9d3ac0
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FOR IMMEDIATE RELEASE
SEPTEMBER 27, 1976
Office of the White House Press Secretary
THE WHITE HOUSE
The President today announced the appointment of John A. Cardon, of Bethesda,
Maryland, to be a member of the Advisory Committee to the Pension Benefit
Guaranty Corporation for a term expiring February 19, 1979. He will succeed
Roger F. Murray whose term expired February 19, 1976.
Mr. Cardon is a partner in the law firm of Lee, Toomey and Kent, in
Washington, D.C.
The Committee was established by Public Law 93-406 of September 2, 1974,
to advise the Corporation as to its policies and procedures relating to the
appointment of trustees in termination proceedings, investment of moneys,
whether plans being terminated should be liquidated immediately or continued
in operation under a trustee, and such other issues as the Corporation may
request from time to time. The Committee may also recommend persons
for appointment as trustees in termination proceedings, make recommendations
with respect to the investment of moneys in the funds, and advise the
Corporation as to whether a plan subject to being terminated should be
liquidated immediately or continued in operation under a trustee.
The Committee consists of 7 members serving terms of three years.
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