February 5, 2009

U.S. Labor Department provides guidance on fiduciary duties in response to abuses involving the Madoff investment firm

Washington – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA), today announced guidance on the duties of employee benefit plan fiduciaries in light of alleged abuses involving Bernard L. Madoff Investment Securities LLC.

February 5, 2009

U.S. Labor Department sues upstate New York auto supply company and official for alleged violations of federal employee benefits law

Syracuse, New York – The U.S. Department of Labor has sued Kellogg Auto Supply Co. Inc. of Cortland, New York, and company president and general manager Richard Coates for alleged violations of the Employee Retirement Income Security Act (ERISA), the federal law that protects private sector pension and employee benefit plans.

February 4, 2009

U.S. Department of Labor pays $100 million in benefits to Florida residents under Energy Employees Occupational Illness Compensation Program Act

WASHINGTON — The U.S. Department of Labor today announced that it has paid more than $100 million in compensation and medical benefits to Florida residents under the Energy Employees Occupational Illness Compensation Program Act (EEOICPA). The act was created to assist those individuals who became ill as a result of working in the atomic weapons industry. Survivors of such individuals may also be eligible for benefits.

February 4, 2009

U.S. Labor Department sponsors free compliance assistance seminar for retirement plan fiduciaries in Melville, New York

Melville, New York – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will sponsor “Getting It Right – Know Your Fiduciary Responsibilities,” a free compliance assistance seminar, on February 12 at the Melville Marriott Long Island at 1350 Old Walt Whitman Road.

February 2, 2009

U.S. Labor Department obtains nearly $115,000 from bankrupt Merrimac, Massachusetts, company to pay employee health claims

Boston – The U.S. Department of Labor has obtained a settlement agreement filed with the U.S. Bankruptcy Court for the District Court of Massachusetts, providing for payment of nearly $115,000 in unpaid employee health claims of bankrupt Wolverine Proctor & Schwartz LLC, formerly of Merrimac, Massachusetts. After filing for bankruptcy, the company abandoned its employee health benefit plans, leaving 79 employees with significant unpaid health care costs.

January 29, 2009

U.S. Department of Labors OSHA announces informal public hearing on proposed cranes and derricks standards in construction

WASHINGTON – The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) will hold an informal public hearing on the proposed cranes and derricks in construction standard published in the Oct. 9, 2008, edition of the Federal Register (73 FR 59713).

The hearing will be held beginning March 17 at 10 a.m. EST in the auditorium on the plaza level of the Frances Perkins Building, U.S. Department of Labor, 200 Constitution Ave. N.W., Washington, D.C.

January 29, 2009

ETA Press Release: Unemployment Insurance Weekly Claims Report

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA In the week ending Jan. 24, the advance figure for seasonally adjusted initial claims was 588,000, an increase of 3,000 from the previous week's revised figure of 585,000. The 4-week moving average was 542,500, an increase of 24,250 from the previous week's revised average of 518,250.

January 26, 2009

U.S. Labor Department sponsors free compliance assistance seminar for retirement plan fiduciaries in Metairie, Louisiana

Metairie, Louisiana – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will sponsor “Getting It Right – Know Your Fiduciary Responsibilities,” a free compliance assistance seminar, on January 28 at the Four Points by Sheraton New Orleans.

January 22, 2009

ETA Press Release: Unemployment Insurance Weekly Claims Report

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA In the week ending Jan. 17, the advance figure for seasonally adjusted initial claims was 589,000, an increase of 62,000 from the previous week's revised figure of 527,000. The 4-week moving average was 519,250, unchanged from the previous week's revised average of 519,250.

The advance seasonally adjusted insured unemployment rate was 3.4 percent for the week ending Jan. 10, unchanged from the prior week's unrevised rate of 3.4 percent.

January 22, 2009

U.S. Department of Labor obtains judgment restoring 401(k) assets to employees of defunct Acworth, Georgia, construction company

Atlanta – The U.S. Department of Labor has obtained a default judgment in federal district court in Atlanta ordering Concrete Construction Co. of Acworth, Georgia, and its president, Craig Wagner, to restore $11,672 due to the failure of the defendants to prudently manage the funds, to the company’s 401 (k) retirement savings plan. The payment is comprised of delinquent employee contributions, uncollected employer matching contributions, and lost earnings on the employee contributions.

January 16, 2009

U.S. Labor Departments OSHA to publish proposed rule on occupational exposure to diacetyl and food flavorings containing diacetyl

WASHINGTON – The Jan. 21 edition of the Federal Register will contain a U.S. Department of Labor Occupational Safety and Health Administration (OSHA) Advance Notice of Proposed Rulemaking on occupational exposure to diacetyl and food flavorings containing diacetyl.

January 16, 2009

U.S. Department of Labor awards $250,000 to establish economic strategy for western Kentucky and surrounding areas in Tennessee and Illinois

WASHINGTON – The U.S. Department of Labor today announced a $250,000 Regional Innovation Grant to a 12-county area encompassing western Kentucky, northwestern Tennessee and southern Illinois. Led by the West Kentucky Workforce Investment Board, area leaders will establish a regional strategic plan that promotes economic growth and is prepared for dislocation events.

January 16, 2009

U.S. Department of Labor awards nearly $123 million in 4th round of Presidents Community-Based Job Training Grants

WASHINGTON – The U.S. Department of Labor today awarded nearly $123 million to 68 community colleges and community-based institutions that competed successfully under the President's Community-Based Job Training Grants Initiative. Awardees were chosen from among 274 applications received in response to a competition announced Oct. 10, 2008.

"The $123 million awarded today will expand enrollment in education and training programs, and provide more workers with the skills they need to succeed," said Secretary of Labor Elaine L. Chao.

January 16, 2009

U.S. Department of Labors Office of Labor-Management Standards issues
final regulation updating labor organization reporting requirements

WASHINGTON — The U.S. Department of Labor's Office of Labor-Management Standards (OLMS) today announced that on Jan. 21 a final regulation will be published in the Federal Register to update the Form LM-2. The changes will ensure that relevant information on union finances is provided to rank-and-file union members to better ensure transparency and accountability as required by the Labor-Management Reporting and Disclosure Act of 1959 (LMRDA).

January 16, 2009

U.S. Department of Labor pays $4.5 billion in benefits under
Energy Employees Occupational Illness Compensation Program Act

WASHINGTON — The U.S. Department of Labor today announced that it has paid more than $4.5 billion to 48,072 individuals under the Energy Employees Occupational Illness Compensation Program Act (EEOICPA). The EEOICPA provides compensation and medical benefits to employees who became ill as a result of working in the atomic weapons industry.

January 16, 2009

U.S. Department of Labor earns Energy Star
designation for superior energy efficiency

WASHINGTON — The U.S. Department of Labor's Frances Perkins Building, a two million-square-foot office building, recently was cited for earning the U.S. Environmental Protection Agency's (EPA) prestigious Energy Star, the national symbol for superior energy efficiency and environmental protection.

To qualify for the designation, a facility or building must use an average of 40 percent less energy and release 35 percent less carbon dioxide into the environment compared with typical buildings.

January 16, 2009

U.S. Department of Labor leads new work group of 18 agencies
focused on federal employment of people with disabilities

WASHINGTON — A U.S. Department of Labor-led interagency work group to increase the number of people with disabilities in the federal workforce was formed this week as part of a continuing commitment to encouraging opportunities for workers with disabilities.

The initiative was established by Disability Employment Policy Assistant Secretary of Labor Neil Romano under the direction of Labor Secretary Elaine L. Chao, resulting in 18 federal agencies sending representatives to the initial working meeting.

January 16, 2009

U.S. Department of Labor to offer free health law seminar January 28 and 29 in Tallahassee, Florida

Archived News Release — Caution: Information may be out of date.

Tallahassee, Florida – A free health law compliance assistance seminar for employers, plan fiduciaries and plan services providers, sponsored by the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) and the Florida Office of Insurance Regulation, will take place January 28 and 29 at the Doubletree Hotel Tallahassee, 101 South Adams St. in Tallahassee.

January 16, 2009

U.S. Labor Department finalizes rule on investment advice for 401(k) plans and IRAs

Archived News Release — Caution: Information may be out of date.

January 15, 2009

U.S. Department of Labor announces $6 million in aid to help California recover from recent wildfires

WASHINGTON – The U.S. Department of Labor today announced a $6 million grant to the state of California to fund approximately 353 temporary jobs to assist with continued cleanup efforts following the 2008 Southern California wildfires.

"This $6 million grant will fund temporary jobs for workers to help communities cleanup and recover from the southern California wildfires," said Secretary of Labor Elaine L. Chao.