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What is the role of the U.S. Department of Labor in regulating pension plans?

April 26, 2017Department labor Pension plans regulating

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What is the role of the U.S. Department of Labor in regulating pension plans?

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The U.S. Department of Labor enforces Title I of ERISA, which, in part, establishes participants’ rights and fiduciaries’ duties. However, certain plans are not covered by the protections of Title I.

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The U.S. Department of Labor enforces Title I of the Employee Retirement Income Security Act (ERISA), which, in part, establishes participants’ rights and fiduciaries’ duties. However, certain plans are not covered by the protections of Title I.