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San Antonio – The U.S. Department of Labor has sued the owner of defunct Adtech Systems Inc. in San Antonio for improperly using 401(k) assets withheld from employees’ pay to benefit the company in violation of the Employee Retirement Income Security Act.

Former Major Leaguer Jim Abbott to serve as campaign spokesman

WASHINGTON — The U.S. Department of Labor's Office of Disability Employment Policy (ODEP), in cooperation with Major League Baseball, today announced the launch of the PITCH (Proving Individuals with Talent Can Help) campaign to encourage businesses to hire individuals with disabilities.

Report required under Trade and Development Act of 2000

WASHINGTON — The U.S. Department of Labor's Bureau of International Labor Affairs (ILAB) today released its seventh annual report on efforts being made to combat the worst forms of child labor by governments in 141 countries and territories that receive U.S. trade benefits.

Archived News Release — Caution: Information may be out of date.

Enforcement agency announces 10 criminal convictions and 8 indictments for July 2008

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West Chester Pennsylvania – The U.S. Department of Labor has filed suit to have an independent fiduciary appointed to oversee the 401(k) plan of Five Star Industrial Services Inc., a defunct company located in West Chester, Pennsylvania.

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Washington – The U.S. Department of Labor today announced publication of two proposed rules under the Pension Protection Act (PPA) to make investment advice more accessible for millions of Americans in 401(k) type plans and individual retirement accounts (IRAs). The proposed regulation and class exemption are to be published in the August 22, 2008 Federal Register.

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Washington – The Advisory Council on Employee Welfare and Pension Benefit Plans (also known as the ERISA Advisory Council) and its three working groups will meet September 9-11 at the U.S. Department of Labor, 200 Constitution Avenue NW, Room S-3215 A-B in Washington, D.C.

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San Francisco – The U.S. Department of Labor has sued a Long Beach pediatrician and his professional corporation for allegedly misusing retirement plan assets and refusing to distribute account balances to terminated participants.

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Atlanta – The U.S. Department of Labor has sued Timothy Steinkamp, a corporate officer of defunct Broward Removal Services and Broward Trade Services Inc. in Fort Lauderdale, Florida, for violating the Employee Retirement Income Security Act (ERISA) when he failed to remit employee contributions owed to the company’s 401(k) plan.

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Cincinnati – The U.S. Department of Labor has obtained a default judgment requiring Cincinnati-based Queen City Restaurant Group and its 401(k) trustee, Vincent Bryant, to pay $46,718 to the company’s 401(k) savings plans as restitution for failing to remit employee contributions and loan repayments owed to the plans.

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Huntington, New York – The U.S. Department of Labor has obtained a default judgment requiring Huntington, New York-based Mutual Association Administrators (MAA) to restore nearly $1.8 million to the Mutual Employees Benefit Trust (MEBT) and permanently barring the firm from providing service to plans covered by the Employee Retirement Income Security Act (ERISA) in the future. The judgment resolves a lawsuit filed by the department.

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San Francisco – The U.S. Department of Labor has sued the former president and chief executive officer of a defunct Phoenix company for allegedly misusing assets of the CTC Engineering money purchase plan of Scottsdale, Arizona, to pay personal and corporate expenses.

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New York – The U.S. Department of Labor has sued in the U.S. District Court for the Eastern District of New York to obtain appointment of an independent fiduciary to oversee the abandoned 401(k) plan of defunct Freedom Security Systems Inc. of New Hyde Park, New York.

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New York – The U.S. Department of Labor has obtained a federal court order appointing an independent fiduciary to manage the abandoned 401(k) plan of the former Storch Sheinbrot & Singer Physicians PC of Brooklyn, New York.

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Hartford, Connecticut – Trustees of the James T. Farrell III Money Purchase Pension Plan in Hartford misused more than $960,000 in plan assets to pay their personal expenses and operating expenses of Farrell Associates in violation of the Employee Retirement Income Security Act (ERISA), according to a lawsuit filed by the U. S. Department of Labor.

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Austin, Texas – The U.S. Department of Labor has sued fiduciaries of the 401(k) plan for employees of the Brown Schools Inc., based in Austin, for failure to forward employee contributions to the company’s 401(k) plan and misusing those assets to pay the operating expenses of the school.

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San Juan, Puerto Rico – The union Sindicato de los Empleados de Equipo Pesado, Construcción y Ramas Anexas de Puerto Rico Inc. has agreed to pay $70,986.46 in restitution to the Plan de Bienestar de los Empleados de Equipo Pesado Construcción Ramas Anexas de Puerto Rico Inc. under a consent judgment obtained by the U.S. Department of Labor.

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Cincinnati – The U.S. Department of Labor has obtained a default judgment against Woodford Memorial Hospital Inc. of Versailles, Kentucky, removing the hospital as fiduciary of its retirement and thrift plan, and appointing an independent fiduciary to oversee the collection, management and liquidation of assets for the benefit of the plan’s participants.

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WASHINGTON — Elaine L. Chao, U.S. secretary of labor, and Christopher Cox, chairman of the U.S. Securities and Exchange Commission (SEC), today agreed to make permanent their agencies' longstanding relationship of sharing information on retirement and investments to protect the $5.8 trillion in retirement assets of American workers, retirees and their families held in employee benefit plans by signing a Memorandum of Understanding (MOU).