WASHINGTON -- Randolf H. Hardock has been named benefits tax counsel at the Treasury, an appointment that will probably put an end to his involvement in municipal bond policy and legislation at the department.
Hardock, 36, has been working informally at the Treasury since the beginning of the year. He has focused on benefits issues, but has had some say in some municipal bond issues at the department.
Hardock was responsible for bond as well as pension and other issues when he was tax counsel of the Senate Finance Committee from 1986 to 1993. He moved over to the Treasury early in the year when the committee chairman, Sen. Lloyd Bentsen, D-Tex., became Treasury secretary.
As benefits tax counsel, Hardock will be responsible for developing and reviewing policy, legislation regulations and rules dealing with aspects of employee benefits taxation, including qualified retirement plans, employee stock ownership and welfare plans, executive compensation and healthcare benefits.