Which agency is part of the Department of Labor responsible for enforcing ERISA?

Which agency is part of the Department of Labor responsible for enforcing ERISA?

• A. Pension Benefit Guaranty Corporation (PBGC)
• B. Occupational Safety and Health Administration (OSHA)
• C. Employee Benefits Security Administration (EBSA)
• D. National Labor Relations Board (NLRB)

Answer: (C)

Enforcement of ERISA is handled by the Department of Labor’s Employee Benefits Security Administration. EBSA is the office specifically tasked with administering and enforcing the requirements of ERISA, including fiduciary duties, reporting and disclosure for employee benefit plans, and the claims and appeals process for retirement and welfare benefit plans. It investigates plan fiduciaries, enforces compliance, and provides guidance to participants and plan sponsors. OSHA focuses on workplace safety, not ERISA. The National Labor Relations Board deals with labor relations and collective bargaining. The Pension Benefit Guaranty Corporation insures certain defined-benefit pension plans and handles plan terminations, but it does not enforce ERISA’s provisions—the enforcement role belongs to EBSA.

Enforcement of ERISA is handled by the Department of Labor’s Employee Benefits Security Administration. EBSA is the office specifically tasked with administering and enforcing the requirements of ERISA, including fiduciary duties, reporting and disclosure for employee benefit plans, and the claims and appeals process for retirement and welfare benefit plans. It investigates plan fiduciaries, enforces compliance, and provides guidance to participants and plan sponsors.

OSHA focuses on workplace safety, not ERISA. The National Labor Relations Board deals with labor relations and collective bargaining. The Pension Benefit Guaranty Corporation insures certain defined-benefit pension plans and handles plan terminations, but it does not enforce ERISA’s provisions—the enforcement role belongs to EBSA.