US Labor Department to host free webcasts on private sector retirement plans

WASHINGTON – The U.S. Department of Labor's Employee Benefits Security Administration today announced two upcoming webcasts to increase awareness and understanding of basic responsibilities associated with operating private sector retirement plans.

“Getting It Right – Know Your Fiduciary Responsibilities” webcasts will take place on Tuesday, March 27 and Wednesday, March 28 from 1 to 2:30 p.m. EDT. The webcasts are part of the agency’s national fiduciary education campaign and will feature speakers from the department.

The March 27 webcast will focus on basic fiduciary responsibilities as well as prohibited transactions and exemptions under the Employee Retirement Income Security Act. The March 28 webcast will include information on the reporting and disclosure provisions of the law and the department’s voluntary correction programs.

Those interested in participating can register online.

Press planning to cover the webcasts should notify Mike Trupo or Jason Surbey in the Department of Labor’s Office of Public Affairs at the contact information above.

U.S. Department of Labor news materials are accessible at www.dol.gov. The information above is available in large print, Braille, audio tape or disc from the COAST office upon request by calling 202-693-7828 or TTY 202-693-7755.