Archived News Release — Caution: Information may be out of date.

For more information call: (202) 219-8211

Businesses, governments and the media must all work to educate the public about saving for retirement, concludes a report issued today by Labor Secretary Alexis M. Herman. Americans are not saving enough and they need more information to encourage them to do so, according to the report of the first National Summit on Retirement Savings, which was held June 4 - 5.

Archived News Release — Caution: Information may be out of date.

Archived News Release — Caution: Information may be out of date.

U.S. DEPARTMENT OF LABOR

ESA Press Release: Labor Department Launches Education Campaign on Worker Rights and Child Safety on Farms and in Fields [08/12/1998]

Archived News Release — Caution: Information may be out of date.

The U. S. Department of Labor has obtained a temporary restraining order freezing the assets of Novato, California-based Interstate Services, Inc. (ISI), Thorndyke International, Inc. (TI), and numerous other fiduciaries and service providers to health plans operated by ISI after more than $ 1 million in health benefit assets were diverted to them and others affiliated with a health care scheme known as The ERISA Advantage program.

Archived News Release — Caution: Information may be out of date.

U.S. DEPARTMENT OF LABOR

ESA Press Release: U.S. Labor Department Releases Quarterly Garment Enforcement Report [07/31/1998]

Archived News Release — Caution: Information may be out of date.

U.S. DEPARTMENT OF LABOR

ESA Press Release: U.S. Labor Department Finds 4-year-old among 12 Underage Children Working in Arizona Onion Fields [07/24/1998]

Archived News Release — Caution: Information may be out of date.

U.S. DEPARTMENT OF LABOR

ESA Press Release: Pepsi-Cola to Pay $106,691 as Part of Agreement with U.S. Labor Department to Resolve Discrimination Allegations [07/23/1998]

Archived News Release — Caution: Information may be out of date.

For more information call: (202) 219-8921

The U.S. Department of Labor's Pension and Welfare Benefits Administration (PWBA) today re-affirmed the need for employee benefit plan administrators and service providers to act to protect workers' benefits against the looming year 2000 (Y2K) software problem.

Archived News Release — Caution: Information may be out of date.

The U.S. Department of Labor today settled a lawsuit on Monday, July 20, with Investment Advisers, Inc. (IAI), a Minneapolis-based investment management company, regarding inappropriate fees paid to its affiliate, IAI Securities (IAIS), in connection with investment management services provided to certain employee benefit plans and to its own in- house pension and profit sharing plans.

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

For more information call: (202) 219-8921

The three working groups formed this year by the Advisory Council on Employee Welfare and Pension Benefit Plans will hold public meetings Aug. 11 and 12. All sessions will take place in Conference Room N-4437 C&D at the U.S. Department of Labor's Frances Perkins Building, 200 Constitution Avenue NW, Washington, DC.

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

U.S. DEPARTMENT OF LABOR

ESA Press Release: U.S. Department of Labor Sues Excel Corporation Seeking Compliance with Federal Overtime Law [07/16/1998]

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

For more information call: (202) 219-8921

Secretary of Labor Alexis M. Herman today delegated the duties of the Assistant Secretary of Labor for the Pension and Welfare Benefits Administration (PWBA) to Meredith Miller. Miller, who has served as PWBA's Deputy Assistant Secretary for Policy for the last 5 years, will carry out the duties of Assistant Secretary until a permanent candidate is appointed to fill the post.

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

For more information call: (202) 219-8211

Secretary of Labor Alexis M. Herman today released A Look at 401(k) Plan Fees, a 19-page, educational booklet to help consumers understand the fees and expenses associated with 401(k)plan accounts.

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

The U. S. Department of Labor has sued Miletus Associates Inc. and its president for making over $120,000 in improper transfers and a loan from the company’s 401(k) plan to the defendants.

Miletus Associates is an Albuquerque, N.M.-based engineering firm which manufactures airborne surveillance equipment. The company’s 401(k) plan covered 29 participants and had $371,052.57 in assets as of February 1996.

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

U.S. DEPARTMENT OF LABOR

ESA Press Release: Department of Labor Finds Young Children Illegally Employed in Agriculture near Las Cruces, New Mexico [06/24/1998]

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

U.S. DEPARTMENT OF LABOR

OIG Press Release: U.S. Department of Labor Contract Employee and Co-conspirator Pled Guilty to Embezzling More than a Half Million Dollars from the Division of Longshore and Harbor Workers' Compensation Program [06/24/1998]

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

For more information call: (202) 219-8921

The three working groups formed this year by the Advisory Council on Employee Welfare and Pension Benefit Plans, more popularly known as the ERISA Advisory Council, will hold public meetings July 7 and 8. All sessions will take place in Conference Room N-4437 C&D at the U.S. Department of Labor's Frances Perkins Building, 200 Constitution Avenue NW, Washington, D.C.

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

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

U.S. DEPARTMENT OF LABOR

ESA Press Release: Labor Department Highlights Job Safety for Teens in Summer Jobs [06/09/1998]

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

The U. S. Department of Labor obtained a settlement agreement with trustees of the Connecticut Plumbers and Pipefitters pension fund and a former securities broker requiring them to pay more than $2.4 million in restitution and civil penalties. The settlement also requires the trustees to establish procedures on and monitor investments by the plan.