THE WHITE HOUSE
Office of the Press Secretary
(State College, PA)
_______________________________________________________________
For Immediate Release July 10, 2000
PRESIDENT CLINTON NAMES LESLIE BETH KRAMERICH AS ASSISTANT SECRETARY FOR
PENSION AND WELFARE BENEFITS
AT THE DEPARTMENT OF LABOR
The President today announced his intent to nominate Leslie Beth
Kramerich to serve as Assistant Secretary for Pension and Welfare Benefits
at the Department of Labor.
Ms. Leslie Beth Kramerich, of Arlington, Virginia, currently serves as
both Acting Assistant Secretary of the Pension and Welfare Benefits
Administration and Deputy Assistant Secretary for Policy in the Pension
Welfare Benefits Administration at the Department of Labor, a position she
has held since November, 1998. She directs a staff of more than 700 in
carrying out the Agency?s responsibilities under the Employee Retirement
Income Security Act (ERISA). From 1993 to 1998, Ms. Kramerich served as
Attorney-Advisor to the Chief Negotiator at the Pension Benefit Guaranty
Corporation (PBGC). Prior to the PBGC, she was in private practice with
Verner, Liipfert, Bernhard, McPherson & Hand. In addition, Ms. Kramerich
served as Minority Counsel to the U.S. House Committee on Appropriations
from 1987 to 1989.
A native of Cleveland, Ms. Kramerich received a B.S. degree from Case
Western Reserve University and a J.D. degree from Ohio State University
College of Law.
The Assistant Secretary for Pension and Welfare Benefits at the
Department of Labor is responsible for protecting the economic future and
retirement security of working Americans by enforcing and administering
federal laws concerning a private retirement and welfare benefit system of
700,000 pension plans and 6 million health and welfare plans providing
benefits to over 150 million workers and their families. The Assistant
Secretary executes laws regarding financial reporting and disclosure as
well as monitoring their financial management and investment. In addition
to overseeing the 15 field offices of the Pension and Welfare Benefits
Administration, the Assistant Secretary serves as a public advocate
providing outreach, assistance and education to employers and employees
with respect to their responsibilities and their rights, initiating
research, formulating long and short term policy, issuing regulations, and
providing technical support.
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