We are excited to announce the rollout of Coffee Talk With Benefits, a podcast brought to you by our Employee Benefits & Executive Compensation Department. Each episode will provide brief and lively discussions of questions, issues, and concerns that our EB clients and colleagues encounter on a daily basis or wrestle with from time-to-time.
department of labor
The Biden Administration Removes Limits on Agency “Guidance” – And Creates A New Agenda Enforcement Tool
By Joy Sellstrom on
Posted in Fiduciary Governance
Synopsis: On January 20, 2021, the Biden Administration revoked the Trump Administration Executive Order (EO) which had restricted agency Guidance. On January 27, 2021, the Department of Labor (DOL) rescinded the “PRO Good Guidance” rule that it had issued pursuant to the Trump EO – a rule that limited the force of informal guidance in…
Welcome to the 21st Century—The DOL Proposes Changes to Antiquated Electronic Disclosure Rules under ERISA
By Seyfarth Shaw LLP on
Posted in Retirement Plans
By Christina Cerasale, Kelly Rourke, and Richard G. Schwartz
Seyfarth Synopsis: The Department of Labor (“DOL”) just issued proposed rule changes governing the disclosure of ERISA-required notices via an electronic format (e.g., emails, intranet sites, etc.). These proposed rules update final regulations issued by the DOL in 2002, which given the pace at…