Note Regarding Job Openings: EBSA has posted a vacancy announcement for several economist positions for the Office of Policy and Research. The link can be found at https://www.usajobs.gov/GetJob/ViewDetails/527601400. This vacancy announcement will be open until April 5, 2019. Only applications made through USAJOBS can be considered.
EBSA's research expands knowledge of employee benefits and their role in meeting the economic security needs of the Nation. EBSA conducts and disseminates economic and policy research designed to advance EBSA's mission, "improving health benefits and retirement security for all workers." EBSA's research program fulfills the Secretary of Labor authorization and directive to conduct research related to employee benefit plans under Section 513(a) of ERISA.
EBSA applies current economic theory to better understand the ways in which economic and demographic forces influence private employee benefits, and the ways in which employee benefits interact with public social insurance programs and influence economic behavior. EBSA also conducts quantitative and policy analysis of current legislative and regulatory issues relating to private employee benefits. EBSA communicates with the employee benefits policy/research community via written materials and briefings.
Each year, most private pension and many private welfare benefit plans satisfy their annual reporting requirement by filing a Form 5500 Annual Return/Report regarding their financial condition, investments, and operations with the Department of Labor, Internal Revenue Service, and the Pension Benefit Guaranty Corporation. EBSA discloses Form 5500 data collected through the EFAST systems in a variety of formats. The unedited data is provided through the Form 5500 Raw Data Sets while a pension research sample and a health data set are available for download on this Web page. The pension research sample supports analysis of the plan, participant, and financial characteristics of the private pension plan universe and is used to produce the Private Pension Plan Bulletin Abstract of Form 5500 Annual Reports, an annual publication that summarizes data on private pension plans. The health data set supports analysis of health plans that are required to file a Form 5500 and is used to produce the Annual Report on Self-Insured Group Health Plans, as required by Section 1253 of the Affordable Care Act.
EBSA funds research into employee benefits issues through competitively bid research contracts. This contracted research supports the following functions of the Office of Policy and Research (OPR):
- Developing statistical data on employee benefit plans
- Providing policymakers general technical assistance
- Estimating the costs, benefits, and other impacts of proposed policies, legislation, and regulations
- Conducting other economic research studies that apply to a broad array of employee benefits policy issues
- Producing analytical and statistical tools that enhance OPR’s and other program functions, such as enforcement
- Other Collaboration