CUNA Regulatory Comment Call
August 27, 2008
Workplace Financial Education Honor Roll Program
- The Presidents Advisory Council on Financial Literacy (Council) was created earlier this year with the purpose of helping the American people better understand and address financial matters. The Council has recommended several initiatives to the Department of the Treasury to achieve its goal. One such initiative is the Workplace Financial Education Honor Roll (Honor Roll) Program.
- The purpose of the Honor Roll is to recognize employers that provide successful financial education programs to their employees. The Honor Roll is intended to spur interest in financial education by highlighting successful initiatives that show the benefits of financial education through both private sector and public sector efforts.
- Information regarding those involved in the Honor Roll Program will be collected through an application form.
- The collection process:
- Is necessary to evaluate and assess the effectiveness of employer financial education programs and determine which employers will make the Honor Roll;
- Will be conducted on a annual voluntary basis; and
- Will include brief narrative descriptions on the types of financial education programs being offered to employees.
- Comments in response to Treasurys proposed Honor Roll Program are due by October 27, 2008; please submit your comments to CUNA by October 15.
- Please feel free to fax your responses to CUNA at 202-638-7052; e-mail them to Senior Vice President and Deputy General Counsel Mary Dunn at email@example.com and to Regulatory Research Counsel Luke Martone at firstname.lastname@example.org; or mail them to Mary and Luke in c/o CUNAs Regulatory Advocacy Department, 601 Pennsylvania Avenue, NW, South Building, Suite 600, Washington, DC 20004-2601. You may also contact us at 800-356-9655, ext. 6732, if you have questions or would like a copy of the proposed rule.
- A copy of the proposed rule can be accessed here.
QUESTIONS TO CONSIDER REGARDING THE HONOR ROLL PROGRAM APPLICATION
- Is the proposed method of gathering information the most efficient? Are there other,
similar methods of collection that may prove more effective?
- Any suggestions to better structure and implement the Honor Roll Program?
- Does the initial burden estimate of six hours sound accurate?
- Aside from the collection process, are there any general concerns regarding the
Honor Roll Program itself?
- Other comments or concerns regarding the Honor Roll Program and its method of
collecting data for participants.
Eric Richard General Counsel (202) 508-6742 email@example.com |
Mary Mitchell Dunn SVP & Deputy General Counsel (202) 508-6736 firstname.lastname@example.org
Jeffrey Bloch Assistant General Counsel (202) 508-6732 email@example.com
Lilly Thomas Assistant General Counsel (202) 508-6733 firstname.lastname@example.org
Luke Martone Senior Regulatory Counsel (202) 508-6743 email@example.com