Voluntary Fiduciary Correction Program Improvements Take Effect
The Employee Benefits Security Administration’s updated self-correction tool launched this week.
Tag: Department of Labor (DOL)
Terminated EBSA Probationary Employees Reinstated
The probationary employees and head of the Department of Labor’s Division of Employee Ownership, who were recently terminated, reportedly received...
ERISA Advisory Council Currently ‘On Ice’
Federal advisory committees have become targets in President Donald Trump’s efforts to downsize the federal government.
Chavez-DeRemer Shows Support for Union Pension Assistance Law in Confirmation Hearing
President Donald Trump’s nominee for secretary of labor expressed support for the Biden-era Butch Lewis Act, but also walked back...
Judge Blocks Unions’ Motion for Restraining Order Against DOL
Several union groups and a think tank attempted to prevent the Department of Labor from allowing Elon Musk’s Department of...
Confirmation Hearing Date Announced for Secretary of Labor Nominee Chavez-DeRemer
Meanwhile, government employee unions and labor groups filed a lawsuit seeking to block Elon Musk’s efficiency organization from accessing DOL...
House Committee on Education and Workforce Re-Issues Request to Investigate EBSA ‘Power Abuse’
The committee is again asking the Department of Labor’s Office of Inspector General to look into allegations that the Employee...
Proposed ESOP Regulations Shelved Due to Trump Regulatory Withdrawal
One of the president’s many executive orders issued Monday caused rules not already published in the Federal Register to be...
Trump Appoints Acting Secretary for Department of Labor
The acting secretary will run the DOL while Trump’s nominee for secretary of labor, Lori Chavez-DeRemer, awaits confirmation.
Oregon-Based Employer to Restore $20.6M in Pension Assets, Unwind Illegal Real Estate Purchases
R.B. Pamplin Corp. used pension fund assets to acquire the company’s own real estate, exceeding limits under ERISA, the DOL...
ERIC Files Lawsuit to Invalidate Final Rules on Mental Health Parity
The ERISA Industry Committee is challenging the Departments of Labor, Health and Human Services and Treasury, arguing the final rule...
DOL Makes Improvements to Voluntary Fiduciary Correction Program
The department also provided plan fiduciaries with an option to help manage small benefit amounts owed to missing participants.
DOL Launches Database for Retirement Savings Lost and Found
The database is designed to help America’s workers search for retirement plans that may still owe them benefits.
New ERISA Advisory Council Members Named
The DOL has appointed five new members to the policy advisory group.
DOL’s Ali Khawar Stepping Down Ahead of Trump Inauguration
The career Department of Labor official, appointed to his most recent post in the Biden administration, will not be there...
Trump’s ‘Unusual’ Pick for Secretary of Labor Has More Health Than Retirement Track Record
Representative Lori Chavez-DeRemer of Oregon also comes with pro-labor positioning that may give pause to Republican Senators considering her nomination.
EBSA Criticized for Sharing Retirement Plan Information With Plaintiff Law Firm
House Republicans are seeking to uncover whether the Department of Labor has shared confidential plan information with other law firms...
Federal Court Orders Health Plan to Distribute $12M in Assets to Participants, Providers
The distribution is the result of a Department of Labor investigation into the AEU Holdings LLC Benefit Plan, which was...
DOL Launches Data Collection Effort For ‘Lost & Found’ Retirement Initiative
Expected to go live in December, the database is designed to serve as a centralized resource for workers and beneficiaries...
DOL Announces Extended Deadlines for Plans Impacted by Hurricanes Helene, Milton
In all impacted areas, relief ends on May 1, 2025.