Labor & Employment

Rules of Practice and Procedure - Benefits Review Board

The Benefits Review Board is withdrawing a direct final rule concerning its Rules of Practice and Procedure. This action, published by the Department of Labor, effectively removes the previously issued rule from the Federal Register.

Benefits Review Board Changes Mailing Address

The Benefits Review Board has issued a final rule to update its mailing address. This change is effective March 28, 2018. The rule is a minor administrative update to reflect the board's new location for correspondence.

Rules of Practice and Procedure by Benefits Review Board

The Benefits Review Board has issued a direct final rule amending its Rules of Practice and Procedure. This rule, effective February 25, 2021, introduces changes to the board's procedural framework, including provisions for electronic case filing.

Federal Register Website Page Error

The Federal Register website experienced a page error on January 11, 2021, affecting access to documents such as the Rules of Practice and Procedure. The agency has been notified and is investigating the issue.

Benefits Review Board Rules of Practice and Procedure

The Department of Labor's Benefits Review Board is reopening the comment period for its proposed rule on Rules of Practice and Procedure. This proposed rule, published on January 11, 2021, concerns electronic case filing and related procedural updates. The comment period is reopened for 15 days, closing on April 1, 2021.

ERISA, HIPAA, COBRA Technical Releases

The Department of Labor's Employee Benefits Security Administration (EBSA) has compiled a list of technical releases related to ERISA, HIPAA, and COBRA. These releases provide guidance on various aspects of employee benefit plans, including health insurance, claims, and disclosures.

PBGC Approves Special Financial Assistance for Laborers Local No. 265 Plan

The Pension Benefit Guaranty Corporation (PBGC) announced the approval of Special Financial Assistance (SFA) for the Laborers Local No. 265 Pension Plan. The plan will receive approximately $59.4 million to avert insolvency and prevent benefit reductions for its 1,460 participants.

PBGC Approves $868.8M Special Financial Assistance for UNITE HERE Fund

The Pension Benefit Guaranty Corporation (PBGC) has approved $868.8 million in Special Financial Assistance (SFA) for the UNITE HERE Fund. This funding averts insolvency for the plan, which covers over 91,000 hospitality workers, preventing benefit reductions.

PBGC FY 2024 Projections Report Shows Improved Insurance Outlook

The Pension Benefit Guaranty Corporation (PBGC) released its Fiscal Year 2024 Projections Report, indicating an improved financial outlook for its Multiemployer and Single-Employer pension insurance programs. The report projects the Multiemployer Program will remain solvent for 40 years, and the Single-Employer Program's net position is expected to grow significantly.

PBGC FY 2025 Annual Report Shows Financial Improvement

The Pension Benefit Guaranty Corporation (PBGC) released its Fiscal Year 2025 Annual Report, indicating continued financial improvement in its insurance programs. Both the Single-Employer and Multiemployer programs reported positive net financial positions for the fifth consecutive year.