Tag: Department of Labor (DOL)

The Department of Labor has proposed replacing its 2024 independent contractor rule with a revised version of its 2021 rule,...

EBSA revealed progress on its initiative to promote employee ownership and participation.

Plan administrators would need to mail annual paper benefit notices and allow more paper opt-ins in compliance with the SECURE...

Experts say the conversation about alternative investments in defined contributions plans has shifted from whether they can be used in...

The new federal reporting provisions for pharmacy benefit managers are more than a generic transparency mandate, according to Groom Law...

Former Department of Labor officials and industry groups filed briefs opposing the current DOL’s position in litigation over the pension...

Fiduciaries overseeing self-insured employer health plans would receive these mandatory disclosures from pharmacy benefit managers.

The Department of Labor’s fourth amicus brief sided with employers, saying the decision on how to use retirement plan forfeitures...

Once again, the DOL argues that choosing how to allocate forfeitures cannot constitute a fiduciary breach under the Employee Retirement...

The Department of Labor’s rule could be presented for public comment as soon as early February.

The objective of these regular meetings has changed, and advisers are adapting.

Daniel Aronowitz, the head of EBSA, had previously pledged to ‘end the war’ on employee stock ownership plans.

The Department of Labor submitted its rule ahead of the six-month deadline given in President Donald Trump’s executive order last...

In its amicus brief, the Department of Labor said the retirement plan documents allowed for the use of forfeited contributions...

The Department of Labor will offer more legal briefs and ‘lead with compliance assistance,’ according to Deputy Secretary of Labor...

The Department of Labor pulled a 2023 amicus brief supporting Yale University employees that said their retirement plan had underperforming...

Multiple employer welfare arrangements can now catch up on overdue filings without paying hefty penalties to the Department of Labor.

New requirements impact discontinued multiemployer pension plans, variable annuity formula plans, and PBGC-covered single-employer plans that have been terminated. 

Lockheed Martin is likely to get the Department of Labor’s support in regards to the legality of a pension risk...

The ERISA Industry Committee and its coalition said that the IRS has consistently taken the position that forfeitures can be...