Regulatory Updates
Regulatory Updates provide quick access to employee benefit regulations, rulings and other guidance released by governmental agencies in the U.S. and Canada.
New updates to this page may be included in Today’s Headlines which is emailed to International Foundation members each business day. Inquiries regarding these updates should be directed to the Benefits Knowledge Center at the International Foundation at (888) 334-3327, option 5 or [email protected].
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DOL Announces Inflation Adjusted Civil Penalty Amounts for 2025
The Department of Labor (DOL) issued a final rule for annual inflation adjustments to civil monetary penalties for the Employee Benefits Security Administration (EBSA), increasing penalties for failure to furnish various required reports to beneficiaries and government agencies. This also includes inflation adjusted penalties under the Employee Retirement Income Security Act (ERISA) and the Family and Medical Leave Act (FMLA).
This rule is effective January 15, 2025.