Labor department/EBSA
Senate panel advances Perez nomination for labor secretary
Thomas E. Perez was approved for confirmation as secretary of labor by the Senate Health, Education, Labor and Pensions Committee on Thursday.
May 16, 2013 | 02:48 pm
President formally nominates Perez as labor secretary
Thomas E. Perez was nominated Monday by President Barack Obama as secretary of labor.
March 18, 2013 | 03:36 pm
White House expected to give labor secretary nod to civil rights attorney
The White House is expected to name civil rights attorney Thomas E. Perez as secretary of the Department of Labor this week.
March 11, 2013 | 04:02 pm
EBSA issues MAP-21 funding disclosure guidance
Corporate defined benefit plan sponsors will need to alert participants regarding new plan underfunding calculations resulting from the MAP-21 law, according to interim guidance from the EBSA.
March 08, 2013 | 03:23 pm
DOL settles with Austin Capital over Madoff losses for pension plans
Pension and benefit funds investing indirectly in Bernard Madoff’s Ponzi scheme through funds managed by Austin Capital Management will get more than $34 million in a settlement announced...
February 27, 2013 | 03:18 pm
Sherwin-Williams agrees to add $80 million to ESOP to settle DOL charges
Sherwin-Williams Co. will put $80 million into its employee stock ownership plan to settle charges by the Department of Labor that it mismanaged the plan to take advantage of tax breaks.
February 21, 2013 | 03:36 pm
EBSA clears way for pension fund swaps use
Legal uncertainty that kept pension plan sponsors from executing swaps contracts faded Thursday with an advisory opinion issued by the Labor Department's Employee Benefits Security Administration.
February 08, 2013 | 04:17 pm
Fiduciary Counselors hires ex-DOL exec
Ivan Strasfeld joined investment adviser Fiduciary Counselors as senior adviser.
February 04, 2013 | 04:18 pm
ING pays $5.7 million in settlement over trading policy disclosure
ING Life Insurance and Annuity Co. will pay retirement plan clients $5.2 million as part of a settlement with the Department of Labor over charges that ING kept the gains from transaction processing...
February 04, 2013 | 03:31 pm
Proposal could ease distributing assets of abandoned 401(k) plans
Trustees will find it easier to distribute assets from 401(k) plans of companies going through Chapter 7 bankruptcy liquidation proceedings under proposed rules from the EBSA announced Tuesday.
