Tag: DOL

gender gap

DOL Sues Oracle for Pay Discrimination; Company Says Claims are ‘Political’

The U.S. Department of Labor (DOL) has alleged in a lawsuit that tech company Oracle discriminates against employees and applicants on the basis of race and sex. Oracle has millions of dollars in government contracts, according to court documents, and the suit asks a judge to cancel those contracts and permanently bar the company from […]

mental health

DOL Highlights Growth in MHPAEA Enforcement

The year 2016 was a banner year for mental health parity enforcement, the U.S. Department of Labor (DOL) reported. The agency’s growing efforts to bring group health plans into line with the Mental Health Parity and Addiction Equity Act (MHPAEA) were summarized in a recent DOL release.

retirement

DOL: Lifetime Income Can Be Part of Prudent QDIA

by Jane Meacham, Contributing Editor The U.S. Department of Labor (DOL), in late December 2016, issued an information letter that indicated employer plan sponsors are entitled to use lifetime income products as a part of a prudent qualified default investment alternative (QDIA), even if the products contain certain liquidity and transferability restrictions.