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.

References in periodicals archive

Department of Labor's Employee Benefits Security Administration.

Report Criticizes Golden ESOP

Department of Labor's Employee Benefits Security Administration regarding its rule proposing a new definition of "fiduciary."

Fiduciary fix: AI testifies on 'fiduciary' definition

* If there are concerns about whether the institution certifying is qualified, the auditor should instruct plan management to contact the DOL Employee Benefits Security Administration, Division of Reporting and Compliance at 202-693-8364.

Lessons learned: practical tips to help avoid common EBP audit and reporting errors

This seventh edition discusses current developments such as the Patient Protection and Affordable Care Act of 2010, proposed regulations issued by the Employee Benefits Security Administration, recent Supreme Court decisions, and IRS rulings.

ERISA law answer book, 7th ed

Much anticipated interim final rules for "grandfathered" health plans were jointly issued by the Internal Revenue Service, the Labor Department's Employee Benefits Security Administration, and the Office of Consumer Information and Insurance Oversight in the Department of Health and Human Resources this week.

New rules provide health plan guidance

The Department of Labor's Employee Benefits Security Administration (EBSA), within the Department of Labor, enforces ERISA Title I requirements, which include minimum plan standards for participation; vesting and accrual of benefits; and fiduciary responsibility requirements respecting the exercise of any discretion, control, or management of the plan or its assets.

Retirement Income: Challenges for Ensuring Income throughout Retirement

(Qualifying dates may change; check familiesusa.org/issues/private-insurance/understanding-cobra-premium.html, or call the Employee Benefits Security Administration at 866444-3272).

Staying up in down times: getting help after job loss