Compliance | February 5th, 2025 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...
Compliance | January 23rd, 2025 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...
Compliance | January 22nd, 2025 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...
Deals and People | January 21st, 2025 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.
Compliance | January 21st, 2025 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...
Compliance | January 17th, 2025 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...
Compliance | January 14th, 2025 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.
Compliance | December 30th, 2024 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.
Compliance | December 26th, 2024 New ERISA Advisory Council Members Named The DOL has appointed five new members to the policy advisory group.
Deals and People | December 20th, 2024 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...
Administration | November 25th, 2024 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.
Compliance | November 22nd, 2024 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...
Compliance | November 19th, 2024 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...
Administration | November 18th, 2024 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...
Administration | November 11th, 2024 DOL Announces Extended Deadlines for Plans Impacted by Hurricanes Helene, Milton In all impacted areas, relief ends on May 1, 2025.
Benefits | October 29th, 2024 Biden Administration Stresses SECURE 2.0 and Financial Inclusion Treasury Department report includes a strong focus on implementing programs like the Saver’s Match.
Compliance | October 21st, 2024 Nearly 900 Firms Register with DOL Under Amended Prohibited Transaction Rule The list, created under the DOL’s finalized amendment to PTE 84-14, is the first to self-identify managers of ERISA-covered assets.
Administration | October 18th, 2024 ERISA Advisory Council to Meet Again on QDIA Topic The virtual meeting will focus on lifetime income and the access to claims procedures.
Deals and People | October 1st, 2024 ERISA Attorney Ian Lanoff Remembered as ‘Icon’ in Retirement Industry Lanoff, who passed away on Sunday, played an important role in implementing ERISA and representing some of the nation’s largest...
Administration | October 1st, 2024 Insider Threats: Are Disgruntled Employees a Cybersecurity Risk? Limiting access, creating protocols aimed at keeping data safe can mitigate sabotage.