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EBSA is led by the Assistant Secretary of Labor for Employee Benefits Security, a Sub-Cabinet-level position requiring nomination by the President of the United States and confirmation by the United States Senate. The office is currently held by Lisa Gomez, who was sworn in as Assistant Secretary on October 11, 2022.
The United States Department of Labor's Employee Benefits Security Administration ("EBSA") is responsible for overseeing Title I, promulgating regulations implementing and interpreting the statute as well as conducting enforcement. Plan fiduciaries and plan participants may also bring certain civil causes of action in Federal Court.
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Americans have abandoned 29.2 million 401(k) accounts holding trillions in assets. You can find them using a new government database or calling past employers.
The employee benefit plans under EBSA’s jurisdiction at the time held about $6.1 trillion in assets and covered approximately 150 million Americans. As Assistant Secretary, Campbell was the primary Federal regulatory and enforcement official for Title I of the Employee Retirement Income Security Act of 1974 (ERISA). Mr.
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Virginia Beach, officially the City of Virginia Beach, is the most populous city in the Commonwealth of Virginia in the United States. The population was 459,470 at the 2020 census. [2] Located on the southeastern coast of Virginia, it is the sixth-most populous city in the Mid-Atlantic and the 42nd-most populous city in the U.S.
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