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South Bend, Indiana - The U.S. Department of Labor obtained a consent order and judgment on May 20, 2003, in which the trustees of the pension and welfare plans of Local 1969 of the International Longshoremen’s Association of Portage, Indiana agreed to restore $497,225.83 to the plans, resign their positions and be permanently barred from serving employee benefit plan governed by the Employee Retirement Income Security Act (ERISA).

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Washington, DC - The U.S. Department of Labor today announced proposed rules clarifying the requirements for notices under the Consolidated Omnibus Budget Reconciliation Act (COBRA) for employees, employers and plan administrators. The proposal provides guidance and model notices for workers and family members to continue their group health care coverage.

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Archived News Release — Caution: Information may be out of date.

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WASHINGTON—Secretary of Labor Elaine L. Chao has selected “America Works Best When All Americans Work” as the official theme for October’s National Disability Employment Awareness Month.

“The theme, America Works Best When All Americans Work, emphasizes the Bush Administration’s position of economic opportunity through job creation,” said Chao. “It also builds upon the accomplishments of the President’s New Freedom Initiative which has created opportunities for persons with disabilities to be fully integrated into the 21st Century workforce.”

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Washington, DC - Secretary of Labor Elaine L. Chao will meet with the Advisory Council of Employee Welfare and Pension Plans on May 9, 2003 to swear in the Council’s new members and discuss ways to improve the retirement security and health coverage of America’s workers.

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Announces $13 Million U.S. Initiative on Prevention and Rehabilitation

WASHINGTON—U.S. and foreign officials gathered here today for a two-day conference at the invitation of Secretary of Labor Elaine L. Chao to take action to eliminate the use of child soldiers and to rehabilitate those caught in such forced recruitment. Chao announced a $13 million initiative to support programs to counter the problem and to help former child soldiers rebuild their lives.

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Kansas City, Missouri - The U.S. Department of Labor obtained a consent order on April 29, 2003 ordering the president and owner of Netsource, Inc. of Olathe, Kansas and the fiduciary of the company’s Simple IRA Plan to restore $13,661.38 to the plan. The company was a computer consulting company that developed software for clients.

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Atlanta, Georgia - The U.S. Department of Labor has sued Elk Valley Professional Affiliates, Inc. (EVPA) of Fayetteville, Tennessee and its former corporate executives for imprudently using $1,075,892.42 of the assets of the employee stock ownership plan to purchase company stock at prices in excess of fair market value and to pay expenses related to the sale of the company.

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