Fall 2009
Heightened Enforcement a Top DOL Priority
in 2010
The U.S. Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) will make enforcement a priority in fiscal year 2010.
Newly appointed Assistant Secretary of Labor Phyllis Borzi laid out a vigorous plan for EBSA, stating that “there’s a new sheriff in town.” Borzi implied that the Bush administration was weak on enforcement against plan sponsors and their service providers, something she will make a priority.
Enforcement activities will include a “contributory plan criminal project” to prosecute violators who fail to forward participant contributions to employee benefit plans, a program designed “to target the most egregious and persistent violations and to protect the most vulnerable employee populations by pursuing criminal prosecution of individuals who commit crimes involving contributory health and retirement plans,” she said.
See examples of violations that would fall under this enforcement project and learn about other enforcement priorities.
