DOL Monetary Recoveries for Benefit Plans, Participants Increased by 45% in FY 2018

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U.S. Department of Labor (DOL) monetary recoveries on behalf of benefit programs and participants by its Employee Benefits Security Administration (EBSA) unit totaled more than $1.6 billion for fiscal year (FY) 2018, up 45 percent from the $1.1 billion recovered in FY 2017, statistics from the department showed. Of the $1.6 billion recovered, the bulk—$1.1 […]

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Source: HR Daily Advisor