by Girish Anand | Nov 28, 2017 | DOL
The Department of Labor (DOL) has announced an 18-month extension from Jan. 1, 2018, to July 1, 2019, of the special Transition Period for the Fiduciary Rule’s Best Interest Contract Exemption and the Principal Transactions Exemption, and of the applicability of...
by Girish Anand | Nov 27, 2017 | DOL, ERISA
The Department of Labor (DOL) has announced a 90-day delay – through April 1, 2018 – of the applicability date for ERISA plans to comply with a final rule amending the claims procedure requirements applicable to disability benefits. The three-month delay of the...
by Girish Anand | Nov 6, 2017 | DOL, Jobs
The Department of Labor (DOL) has released its Strategic Plan for fiscal years 2018-2022 with an emphasis on “jobs, more jobs and even more jobs,” in the words of Secretary Alexander Acosta. In his “Secretary’s Message” prefacing the...
by Girish Anand | Oct 28, 2017 | DOL, Overtime Rules
After dropping the Obama-era appeal of an injunction against that administration’s proposed overtime rule, sources say the Department of Labor (DOL) is poised to return to court to argue against the permanent injunction issued this summer by Judge Amos Mazzant....
by Girish Anand | Oct 25, 2017 | DOL
Secretary of Labor Alexander Acosta today announced that the third annual National Apprenticeship Week will be held November 13-19, 2017. Apprenticeships provide demand-driven education, allowing apprentices to earn while they learn – helping to close the skills gap...
by Girish Anand | Oct 24, 2017 | DOL, EBSA
Over the past 12 months, the Department of Labor (DOL) has lost 4.7 percent of its workforce to attrition and retirements, according to data released by the Office of Personnel Management (OPM), as detailed by Bloomberg News. The DOL’s Employee Benefits Security...
