Department of Labor December 1, 2022 – Federal Register Recent Federal Regulation Documents
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Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights
The Department of Labor (Department) is adopting amendments to the Investment Duties regulation under Title I of the Employee Retirement Income Security Act of 1974, as amended (ERISA). The amendments clarify the application of ERISA's fiduciary duties of prudence and loyalty to selecting investments and investment courses of action, including selecting qualified default investment alternatives, exercising shareholder rights, such as proxy voting, and the use of written proxy voting policies and guidelines. The amendments reverse and modify certain amendments to the Investment Duties regulation adopted in 2020.
Agency Information Collection Activities; Comment Request; Eligibility Data Form: Uniformed Services Employment and Reemployment Rights Act and Veterans' Preference
In compliance with the Paperwork Reduction Act of 1995 (PRA), DOL is soliciting public comments regarding the proposed revision of this Office of the Assistant Secretary for Veterans' Employment and Training Service (VETS) sponsored information collection for the authority to revise the information collection request (ICR) titled, ``VETS USERRA/VP/VEOA Claim Form,'' previously titled ``Eligibility Data Form: Uniformed Services Employment and Reemployment Rights Act and Veterans' Preference.'' The existing version of the form is currently approved under Office of Management and Budget (OMB) Control Number 1293-0002.
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