Congressional Budget Justification, FY 2008: Employee Benefits Security Administration

摘要

The Employee Benefits Security Administration (EBSA) is responsible for the administration and enforcement of Title I of the Employee Retirement Income Security Act of 1974 (ERISA), in both civil and criminal areas. ERISA established broad standards of responsibility for those who are charged with managing the more than 700,000 covered retirement plans, approximately 2.5 million covered health plans, and similar numbers of other welfare benefit plans, such as those providing life or disability insurance. The employee benefit plans under EBSAs jurisdiction hold nearly $5 trillion in assets and cover approximately 150 million Americans. Through EBSA, (DOL) is seeking to achieve its goal of a secure retirement and greater access to health benefits for the nations workforce through a combination of aggressive enforcement, compliance and participant assistance, fiduciary education and legislative changes. The Department has published its new 5-year Strategic Plan (FY 2006-2011) in accordance with the Government Performance and Results Act (GPRA). Consistent with the DOL 2006 2011 Strategic Plan, the EBSA budget will support and advance the Secretarys 2nd Strategic Goal A Competitive Workforce and the 4th Strategic Goal Strengthened Economic Protections.