The Louisville Employee Benefits Council (LEBC) was organized in 1959 as a forum for the exchange of information and ideas among professionals in the field of employee benefits. Lee Steiden and Doug Stegner, the founders of the organization, organized monthly luncheon meetings at the Old House Restaurant. During the 1960s, LEBC formalized its organization structure, meeting format and bylaws. This is the same structure in which we operate today. In addition, to facilitate a budget process, annual dues were collected.
Following the passage of ERISA in 1974, LEBC experienced growth in membership and programming. Not only did the number of traditional members grow, the group became more diversified with the addition of several corporate benefits managers during the mid-70s. LEBC also began sponsoring an annual employee benefits seminar often in conjunction with other organizations. read more
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