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DOL/EBSA RIN: 1210-AC09 Publication ID: Fall 2021 
Title: ●Improving Participant Engagement and Effectiveness of ERISA Retirement Plan Disclosures 
Abstract:

This regulatory action is to explore ways to improve the effectiveness of retirement plan disclosures required under Title I of the Employee Retirement Income Security Act, balanced with the cost to plans and plan participants and beneficiaries of providing such disclosures.  The Department of Labor’s Employee Benefits Security Administration (EBSA) intends to start by consulting with a diverse set of stakeholders, including participant representatives, employers sponsoring ERISA retirement plans, and retirement plan service and investment providers, to explore alternatives for improving the understandability and effectiveness of such disclosures.  More specifically, the review would explore whether, and how, the content, design, and delivery of such disclosures may be reimagined, improved, consolidated, standardized, and simplified to enhance participants’ disclosure experiences, promote greater participant engagement, and improve outcomes.

 
Agency: Department of Labor(DOL)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Prerule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 29 U.S.C. 1135 (ERISA sec. 505)    29 U.S.C. 1030 (ERISA sec. 110)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Stakeholders Meeting  12/00/2021 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Jeffrey J. Turner
Deputy Director, Office of Regulations and Interpretations
Department of Labor
Employee Benefits Security Administration
Room N5669, 200 Constitution Avenue NW, FP Building, Room N-5655,
Washington, DC 20210
Phone:202 693-8526
Fax:202 219-7291
Email: turner.jeffrey@dol.gov