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DOL Updates Abandoned Plan Program Rules - Vimarsana News

DOL Updates Abandoned Plan Program Rules

EBSA will publish rules to open Abandoned Plan Program eligibility to Chapter 7 bankruptcy trustees.  

EBSA Collects $1.4 Billion, Largely from Enforcement, in 2022 - Vimarsana News

EBSA Collects $1.4 Billion, Largely from Enforcement, in 2022

More than $500 million of the recoveries returned to defined benefit plan participants.

EBSA Recovers $1.4 Billion for Plan Participants | Chief Investment Officer - Vimarsana News

EBSA Recovers $1.4 Billion for Plan Participants | Chief Investment Officer

The amount is less than half of what it was 2020, when it started to decline.

Source: ai-cio.com
EBSA enforcement recoveries dip sharply in FY 2022 - Vimarsana News

EBSA enforcement recoveries dip sharply in FY 2022

The amount recovered from enforcement actions by the DOL's Employee Benefits Security Administration decreased for the second consecutive year.

EBSA Enforcement Statistics For FY 2021: Growing Focus On Service Providers, Health & Welfare Plans - Employment and HR - Vimarsana News

EBSA Enforcement Statistics For FY 2021: Growing Focus On Service Providers, Health & Welfare Plans - Employment and HR

At the end of each fiscal year, the US Department of Labor's (DOL's) Employee Benefits Security Administration (EBSA) compiles the monetary results it obtained through various initiatives...

Source: mondaq.com