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ODEP News Brief

February 27, 2015


Protecting Retirement Savings from Conflicts of Interest

Conflicted fees related to retirement savings advice is the subject of the White House blog What You Need to Know about Retirement "Conflicts of Interest," in 3 Big Sentences. The blog explains how some investment advisors accept hidden and back-door payments that may lead them to direct their clients to investments that are not in the clients' financial best interests. In order to make the system more accountable, President Obama has directed the U.S. Department of Labor (DOL) to start a rulemaking process that would require all retirement advisers to abide by a best interest standard. In the months to come, DOL will initiate this public-feedback process so all Americans will be able to weigh-in on the best approach to modernizing the rules on retirement advice and set new standards.

Read the Retirement "Conflicts of Interest" blog
Read the DOL Are Your Retirement Savings at Risk? page
Read The Effects of Conflicted Investment Advice on Retirement Savings report

ODEP Releases Employer Engagement Strategy Final Report

The Employer Engagement Strategy final report provides an overview of the Office of Disability Employment Policy's Employer Engagement Strategy (EES) Marketing Framework created in collaboration with the Wharton School of Pennsylvania. The report details strategies and potential tactics employers can implement to improve corporate culture and facilitate the growth and expansion of their disability and inclusion activities, including the recruitment, hiring, promotion and retention of persons with disabilities.

Read the Employer Engagement Strategy final report

Help Shape Smarter Regulations at the U.S. Department of Labor

The U.S. Department of Labor continuously reviews its existing regulations to update rules that may be out of date, ineffective, insufficient or excessively burdensome. DOL is now asking the public for ideas about which rules should be modified, streamlined, expanded or even repealed, and has launched an interactive Shaping Smarter Regulations website where suggestions can be made from now until Wednesday, March 18. All ideas are welcome and appreciated.

Submit an idea at the Shaping Smarter Regulations website

Campaign for Disability Employment's Who I Am Visits the Daytona 500

The Campaign for Disability Employment's Who I Am public service announcement aired last weekend on the big screen at the Daytona 500. This annual event, which kicks off the NASCAR season, attracted more than 600,000 people in 2015. The PSA aired 78 times during the weekend. Who I Am features cast members who, rather than be defined by disability, are the sum of their many life roles, which includes working in jobs they love.

View the Who I Am PSA

Building a Workforce That Reflects the People We Serve — OPM Blog

In her blog Building a Workforce That Reflects the People We Serve, Director of the U.S. Office of Personnel Management (OPM) Katherine Archuleta discusses the positive strides that have been made in the hiring of people with disabilities in the federal government, and talks about the use of the Schedule A hiring authority for people with disabilities. Archuleta also introduces OPM's new Recruitment, Engagement, Diversity and Inclusion (REDI) Roadmap, which reflects a commitment to ensuring that all segments of society are represented and feel included at every level of America's workforce. On Thursday, March 5 Archuleta will host a live event to kick off the REDI Roadmap. To participate, use hashtag #AmericasWorkforce and join the conversation on Twitter, Facebook, Instagram, and LinkedIn.

Read Director Archuleta's blog
Learn about the REDI Roadmap

ETA Issues a Training and Employment Guidance Letter on WIOA Implementation

The U.S. Department of Labor's Employment and Training Administration (ETA) has issued a Training and Employment Guidance Letter (TEGL) titled Vision for the Workforce System and Initial Implementation of the Workforce Innovation and Opportunity Act of 2014. The TEGL lays out the vision for a revitalized transformed workforce system as a result of implementation of the Workforce Innovation and Opportunity Act (WIOA). Further, it encourages workforce system leaders and partners to take action now to support successful implementation to fully realize the vision of WIOA. Finally, it provides an overview of upcoming guidance and technical assistance to support effective implementation of WIOA.

Read the TEGL

FCC Seeks Nominations for Chairman's Awards for Advancement in Accessibility

The Federal Communications Commission (FCC) is accepting nominations for the Chairman's Awards for Advancement in Accessibility (Chairman's AAA) for products, services, technologies or practices introduced to the public between January 1, 2014 and December 31, 2014. The Chairman's AAA is an FCC project designed to recognize the efforts of individuals, organizations, academics, companies and government agencies to make communication tools easier to use and more accessible to people with disabilities, and to encourage technological innovation and accessibility in communications-related areas. Nominations are due March 5, 2015.

Learn about the Chairman's Awards for Advancement in Accessibility