US Department of Labor issues report to Congress on considerations for defined benefit pension plan fiduciaries choosing an annuity provider

News Employment & labor English Reports

Date: 25th Jun, 2024 Source: Employee Benefits Security Administration Country: USA Original Source

Brief

WASHINGTON – The Department of Labor announced its Employee Benefits Security Administration today issued a report to Congress on Interpretive Bulletin 95-1 that analyzes fiduciary standards when selecting an annuity provider for a defined benefit pension plan. Interpretive Bulletin 95-1, which outlines these Employee Retirement Income Security Act fiduciary requirements, was first issued in 1995. Nearly 30

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US Department of Labor issues report to Congress on considerations for defined benefit pension plan fiduciaries choosing an annuity provider

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US Department of Labor issues report to Congress on considerations for defined benefit pension plan fiduciaries choosing an annuity provider

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Employee Benefits Security Administration

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