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News Release

U.S. Labor Department sponsors free webcasts to help retirement plan fiduciaries comply with the law

Washington – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will sponsor “Getting It Right – Know Your Fiduciary Responsibilities” webcasts on May 12 and 13. The webcasts are part of the agency’s national fiduciary education campaign to increase awareness and understanding of basic responsibilities associated with operating private sector retirement plans.

The webcasts will feature speakers from the Labor Department. The May 12 webcast will focus on basic fiduciary responsibilities and prohibited transactions and exemptions under the Employee Retirement Income Security Act (ERISA). The May 13 webcast will include information on the reporting and disclosure provisions of ERISA and the department’s voluntary correction programs.

Register for both webcasts at www.dol.gov/ebsa, under Compliance Workshops, Seminars and Webcasts. In addition to the presentations and questions and answers, a toolkit of related guidance, publications and tools will be provided online. Archives of both webcasts will be available at the same Web site by May 18.

The event is open to news media.

Who:

Employers, plan fiduciaries and providers of plan services

What:

Fiduciary education seminar

When:

May 12 and 13, Noon to 2 p.m. EDT

How:

Registration is required and available on a first-come, first-served basis. Visit EBSA’s Web site at www.dol.gov/ebsa and click “Getting It Right - Know Your Fiduciary Responsibilities Webcast” under “Compliance Workshops, Seminars and Webcasts.”

U.S. Department of Labor news releases are accessible on the Department's Newsroom page. The information in this news release will be made available in alternate format (large print, Braille, audio tape or disc) from the COAST office upon request. Please specify which news release when placing your request at 202.693.7828 or TTY 202.693.7755. The Labor Department is committed to providing America's employers and employees with easy access to understandable information on how to comply with its laws and regulations. For more information, please visit the Department's Compliance Assistance page.

Agency
Employee Benefits Security Administration
Date
May 7, 2009
Release Number
09-498-NAT