September 9, 2009

U.S. Labor Department announces release of $42.5 million in unemployment insurance modernization incentive funds to Colorado

WASHINGTON – The U.S. Department of Labor today certified for release $42,489,921 in unemployment insurance (UI) modernization incentive funds to the state of Colorado. Colorado qualified for a portion of its share of the funds available under the American Recovery and Reinvestment Act (Recovery Act) by allowing workers to use their more recent earnings to qualify for benefits.

September 8, 2009

U.S. Department of Labor announces grant exceeding $1 million to assist workers in Iowa affected by manufacturing industry layoffs

WASHINGTON – The U.S. Department of Labor today announced a $1,096,423 grant to assist approximately 178 workers affected by layoffs at Alcoa North American Rolled Products in Bettendorf, Iowa, and John Deere Davenport Works in Davenport, Iowa.

"Iowa workers affected by these layoffs need and deserve support," said Secretary of Labor Hilda L. Solis. "The grant announced today will provide retraining, job search assistance and other services to help them prepare for career track positions in promising regional industries."

September 8, 2009

Employee Benefits Security Administration Releases Field Assistance Bulletin on Use of Summary Prospectus Requirements

Washington - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) today released Field Assistance Bulletin (FAB) 2009-03 that describes the circumstances under which a participant-directed individual account plan may satisfy the prospectus delivery requirements of section 404(c) of the Employee Retirement Income Security Act by furnishing a “Summary Prospectus” pursuant to requirements established by the Securities and Exchange Commission (SEC).

September 8, 2009

U.S. Labor Department sues to appoint independent fiduciary for 401(k) plan abandoned by Buffalo, New York , employer

New York - The U.S. Department of Labor has filed a lawsuit in U.S. District Court for the Western District of New York seeking the appointment of an independent fiduciary to oversee the abandoned 401(k) plan of defunct Digitel Solutions for Business Inc. or Empire Telecom Systems Corp., formerly located in Buffalo, New York .

September 4, 2009

Statement of U.S. Secretary of Labor Hilda L. Solis on August employment numbers

WASHINGTON – Secretary of Labor Hilda L. Solis issued the following statement on the August 2009 Employment Situation report issued today:

"This past August, the economy lost 216,000 jobs – fewer than what most experts expected. The overall unemployment rate is now 9.7 percent. Last month's jobs loss is an improvement from the average 700,000 jobs our economy was losing every month when this administration took office, but is still by no means acceptable.

September 4, 2009

Statement by U.S. Secretary of Labor Hilda L. Solis for Labor Day

WASHINGTON – Secretary of Labor Hilda L. Solis today issued the following statement for Labor Day:

"On Monday, Sept. 7, we will celebrate a great American holiday – Labor Day. Over the years, it may have become a time for backyard barbecues. But the real intent behind today's holiday is honoring the contributions of American workers.

September 3, 2009

U.S. Labor Department announces release of $20.9 million in unemployment insurance modernization incentive funds to New Hampshire

WASHINGTON – The U.S. Department of Labor today certified for release $20,934,147 in unemployment insurance (UI) modernization incentive funds to the state of New Hampshire. New Hampshire qualified for the remaining two-thirds of its share of the funds available under the American Recovery and Reinvestment Act (Recovery Act) by making it easier for unemployed workers seeking part-time work and those unemployed for family reasons to be eligible for benefits.

September 3, 2009

ETA Press Release: Unemployment Insurance Weekly Claims Report

SEASONALLY ADJUSTED DATA In the week ending Aug. 29, the advance figure for seasonally adjusted initial claims was 570,000, a decrease of 4,000 from the previous week's revised figure of 574,000. The 4-week moving average was 571,250, an increase of 4,000 from the previous week's revised average of 567,250.

The advance seasonally adjusted insured unemployment rate was 4.7 percent for the week ending Aug. 22, an increase of 0.1 percentage point from the prior week's unrevised rate of 4.6 percent.

September 3, 2009

U.S. Labor Department proposes civil penalty rules for multiemployer defined benefit pension plans that fail to take corrective funding action

Washington —The U.S. Department of Labor has proposed a regulation to assess civil penalties against plan sponsors of multiemployer defined benefit pension plans that fail to adopt a funding improvement or rehabilitation plan in accordance with the Employee Retirement Income Security Act (ERISA) as amended by the Pension Protection Act (PPA).

September 2, 2009

Statement of Secretary of Labor Hilda L. Solis on report detailing violations of employment and labor laws in U.S. cities

WASHINGTON – A survey of 4,387 workers in low-wage industries across the three largest U.S. cities – Chicago, Los Angeles and New York – found that the core workplace protections many Americans take for granted are failing significant numbers of workers.

September 2, 2009

U.S. Labor Department announces release of $200.8 million in unemployment insurance modernization incentive funds to Illinois

WASHINGTON – The U.S. Department of Labor has certified for release $200,767,125 in unemployment insurance (UI) modernization incentive funds to the state of Illinois. Illinois qualified for the remaining two-thirds of its share of the funds available under the American Recovery and Reinvestment Act (Recovery Act) by including certain family-friendly provisions in its UI law.

September 2, 2009

U.S. Department of Labor to offer free workshop in New Jersey on complying with federal pension law

New York – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will hold a free workshop on September 24 from 10 a.m. to 1 p.m. EDT to help employers, the employee benefit community and others better comply with federal pension law. The workshop will be held at Plaza 35, 1030 St. George’s Avenue, Suite 205 in Avenel, New Jersey.

September 2, 2009

U.S. Department of Labor’s ERISA Advisory Council to hold September 2009 meeting

Washington – The Advisory Council on Employee Welfare and Pension Benefit Plans (also known as the ERISA Advisory Council) will hold meetings September 15 through 17 in Washington, D.C., at the U.S. Department of Labor, 200 Constitution Avenue N.W., Room N-3437A-B.

September 1, 2009

Illinois OSHA public employee protection plan receives federal approval

CHICAGO – Illinois today became the newest state to receive approval from the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) to administer its own occupational safety and health plan for public employees in the state. A notice appears in today's edition of the Federal Register.

September 1, 2009

U.S. Labor Department announces dates for 4th annual Drug-Free Work Week

Campaign depends upon community organizations to implement local level activities

WASHINGTON — The U.S. Department of Labor today encouraged public and private community organizations to participate in the 4th annual Drug-Free Work Week, which will occur Oct. 19 to 25. This public awareness campaign, held each October, emphasizes the importance of drug-free workplace programs to help prevent workplace alcohol and drug use, and encourage workers with alcohol and drug problems to seek help.

August 31, 2009

When disaster strikes underground, mine rescue teams spur to action

Nearly 90 teams to compete in simulated coal mine emergency

August 31, 2009

U.S. Labor Department sues to appoint independent fiduciary for 401(k) plan abandoned by Melville, New York, employer

New York - The U.S. Department of Labor has filed a lawsuit asking the U.S. District Court for the Eastern District of New York to appoint an independent fiduciary to oversee the abandoned 401(k) plan of defunct Community Home Mortgage Corp., formerly located in Melville, New York.

August 31, 2009

U.S. Labor Department sues to recover assets for SIMPLE IRA plan sponsored by Coshocton, Ohio-based company

Coshocton, Ohio – The U.S. Department of Labor has sued an officer and fiduciary to the savings incentive match plan for employees individual retirement account (SIMPLE IRA) plan of Pharmaceutical Alternatives Inc. of Coshocton for improperly using plan assets withheld from employees’ pay for the benefit of the company as well as other violations of the Employee Retirement Income Security Act (ERISA). The company also does business as Three Rivers Infusion Option Care.

August 28, 2009

U.S. Department of Labor sues president of defunct western Pennsylvania company to recover 401(k) retirement contributions

Pittsburgh – The U.S. Department of Labor has sued Patrick P. Bane, president of defunct Comtel Communications, to recover employee contributions owed to the company’s 401(k) retirement plan.

August 27, 2009

U.S. Labor Department announces release of $89.3 million in unemployment insurance modernization incentive funds to Wisconsin

WASHINGTON – The U.S. Department of Labor today certified for release $89,289,386 in unemployment insurance (UI) modernization incentive funds to the state of Wisconsin. Wisconsin qualified for the remaining two-thirds of its share of the funds available under the American Recovery and Reinvestment Act (Recovery Act) by updating its UI program to reflect the 21st century workforce.