Federer returns to the council along with Finland's Jarkko Nieminen, doubles representative Eric Butorac and Brazilian Andre Sa, who served a previous term from 2002 to 2004.
Simon and Kevin Anderson, the towering South African who is a possible third-round opponent for British number one Andy Murray at Wimbledon this year, join Federer and Nieminen in a quartet of members from the top 50 of the singles rankings after being elected to the council at the pre-tournament player meeting at SW19.
Robin Haase and Sergiy Stakhovsky are the other singles representatives, with Butorac and Indian Mahesh Bhupathi the doubles specialists on the council and Sa, James Cerretani, Brian Gottfried and coach Claudio Pistolesi completing the line-up.
Federer, who has already served two terms on the council, said: "It has been four years of good work with the Player Council in which we have made progress in some areas. There is more to do and I am happy to be back with the council group.
"It's great to see some new players step up and I look forward to working with them to continue to grow our sport."