ERIC Applauds Legislation Bringing Transparency and Accountability to the Employee Benefit Security Administration

Washington, D.C., April 29, 2025 – Today, The ERISA Industry Committee (ERIC) praised the recent introduction of two bills aimed at reforming the practices of the Employee Benefit Security Administration (EBSA), a subagency of the Department of Labor (DOL). Under the Employee Retirement Income Security Act of 1974 (ERISA), EBSA has significant enforcement responsibilities for workers, retirees, and their families who rely on these plans.