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Employee Benefits Security Administration
(redirected from Pension and Welfare Benefits Administration)

   Also found in: Acronyms, Wikipedia 0.02 sec.
Employee Benefits Security Administration
An agency under the U.S. Department of Labor responsible for enforcing the Employee Retirement Income Security Act. Specifically, EBSA enforces a number of regulations designed to ensure that employers and other involved parties do not misuse the funds entrusted to them in retirement accounts. Among other provisions, EBSA requires retirement account managers to provide information to account holders on a regular basis. It also enforces standards for managers' use of discretionary authority. Until 2003, EBSA was known as the Pension and Welfare Benefits Administration, and before 1986 it was the Pension and Welfare Benefits Program.


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Department of Labor, Pension and Welfare Benefits Administration, 1992).
VFCP On March 15, 2000, the Pension and Welfare Benefits Administration (PWBA) established the VFCP on an interim basis.
GAO-02-232 March 15, 2002 The Pension and Welfare Benefits Administration (PWBA) safeguards the economic interests of more than 150 million people in six million employee benefit plans.
 
 
 
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