New and updated initiatives offer employers, unions, and benefit plans tools to improve compliance with labor laws and protect workers The U.S. Department of Labor has recently released…
Read MoreEmployee Benefits Security Administration
Labor Department Launches Online System for Abandoned Plan Program
The new platform simplifies the benefit distribution process for retirement plans abandoned by sponsoring companies. The Department of Labor announced that the Employee Benefits Security Administration has introduced…
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DOL Requests Public Input on Retirement Plan Disclosures
Federal agencies are looking at how many and how often workers receive retirement disclosures, as well as their effectiveness. The Department of Labor announced that the Employee Benefits…
Read MorePublic Comments Reopened for Proposed Amendment to DOL Policy
The discussions are to focus on retirement-focused investment plans. At the end of March, the Department of Labor (DOL) reopened public comments on its proposed amendment to their…
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Labor Department Announces Cybersecurity Plans
Hopes new measures will protect access to retirement benefits. In 2018, the Employee Benefits Security Administration estimated that the assets of retirement plan holders total around $9.3 trillion.…
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