Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Compliance July 27, 2016
DOL Announces ERISA Advisory Council Meeting
The Council will study participant plan transfers and account consolidation as well as cyber security concerns.
Reported by
Rebecca Moore
The Department of Labor’s (DOL’s) Employee Benefit Security Administration will hold a three-day ERISA Advisory Council meeting August 23 through August 25.
The Advisory Council will study participant plan transfers and account consolidation for the advancement of lifetime plan participation. Cybersecurity for benefit plans will also be addressed.
The Council is asking individuals or organizations who wish to submit a written statement to do so on or before August 16. Those wishing to address the Advisory Council may request by August 16 to do so.
More information is here.
You Might Also Like:
American Benefits Council Urges Supreme Court to Reject ERISA Claims Based Solely on Fund Underperformance
The organization’s amicus brief backed Intel and warned that allowing lawsuits based on hindsight would fuel costly litigation and harm...
As AI Tool Use Expands, Questions Arise About Attorney-Client Privilege
Recent court decisions suggest that using consumer artificial intelligence tools for legal guidance could jeopardize privileged communications, but the law...
DOL Audit Yields Recommendations for 3 Agencies
The Office of the Inspector General called for stronger oversight and controls for sharing confidential information.
« Cases Questioning Church Plans Petitioned to Supreme Court