Outside Publication

Department of Labor as ERISA’s Cops: DOL ERISA Enforcement Overview and Current Priorities, Practical Guidance

March 2022

In Practical Guidance, partners Liz Goldberg and Michael Richman and associate Emily Rickard wrote about the US Department of Labor’s (DOL’s) Employee Retirement Income Security Act of 1974 (ERISA) enforcement strategy and recent priorities, the department’s fiduciary duties and prohibited transaction rules, and its organizational structure and enforcement resources. “The DOL has the power to impose significant liability and disruption on ERISA fiduciaries and service providers,” they write. “For these reasons, familiarity with the DOL enforcement efforts and priorities described in this article can be helpful in anticipating and addressing possible areas of vulnerability.”

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