The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will sponsor “Getting It Right – Know Your Fiduciary Responsibilities” webcasts on May 12 and 13, featuring speakers from the Labor Department. The webcasts are part of the agency’s national fiduciary education campaign to increase awareness and understanding of basic responsibilities associated with operating private sector retirement plans.
The May 12 webcast will focus on basic fiduciary responsibilities and prohibited transactions and exemptions under the Employee Retirement Income Security Act (ERISA). The May 13 webcast will include information on the reporting and disclosure provisions of ERISA and the department’s voluntary correction programs. Both webcasts are scheduled to run from noon to 2 p.m. EDT.
In addition to the presentations and questions and answers, a toolkit of related guidance, publications and tools will be provided online. Archives of both webcasts will be available at the same Web site by May 18.
The event is open to employers, plan fiduciaries and providers of plan services. Registration is required and available on a first-come, first-served basis.
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