September 27, 2020. It also prohibits fiduciaries from voting any proxy unless the fiduciary prudently determines that the matter has an economic impact on the plan. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. “The proposed proxy rule would ensure that individuals responsible for the retirement savings of millions of American workers are voting proxies only where it is financially in the interest of the plan to do so,” said Secretary of Labor Eugene Scalia. “Today’s guidance is one more tool the Wage and Hour Division is putting forward to ensure that workers are paid all the wages they have earned, and that employers have all the tools they need as they navigate what may, for many, be uncharted waters of managing remote workers.”. The mission of the Department of Labor is to foster, promote and develop the welfare of the wage earners, job seekers and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights. The mission of the Department of Labor is to foster, promote and develop the welfare of the wage earners, job seekers and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights. The Wage and Hour Division provides additional information on common issues employers and employees face when responding to the coronavirus, such as its effects on wages and hours worked under the Fair Labor Standards Act, paid leave under the Family and Medical Leave Act, and paid sick and expanded family and medical leave under the Families First Coronavirus Response Act. Local, state, and federal government websites often end in .gov. #block-googletagmanagerfooter .field { padding-bottom:0 !important; } Washington, DC 20210 The .gov means it’s official. In a telework or remote work arrangement, the question of the employer’s obligation to track hours actually worked for which the employee was not scheduled may often arise. Washington, DC 20210 While the guidance issued today responds directly to needs created by new telework or remote work arrangements that arose in response to the coronavirus, it also applies to other telework or remote work arrangements. The .gov means it’s official. Commenters are free to express their views not only on the specific provisions of the proposal, but also on any issues germane to the subject matter of the proposal. #block-googletagmanagerheader .field { padding-bottom:0 !important; } div#block-eoguidanceviewheader .dol-alerts p {padding: 0;margin: 0;} Before sharing sensitive information, make sure you’re on a federal government site. August 31, 2020. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. www.dol.gov, Employee Benefits Security Administration, Industry-Recognized Apprenticeship Programs (IRAP), Bureau of International Labor Affairs (ILAB), Centers for Faith and Opportunity Initiatives (CFOI), Employee Benefits Security Administration (EBSA), Employees' Compensation Appeals Board (ECAB), Employment and Training Administration (ETA), Mine Safety and Health Administration (MSHA), Occupational Safety and Health Administration (OSHA), Office of Administrative Law Judges (OALJ), Office of Congressional and Intergovernmental Affairs (OCIA), Office of Disability Employment Policy (ODEP), Office of Federal Contract Compliance Programs (OFCCP), Office of Labor-Management Standards (OLMS), Office of the Assistant Secretary for Administration and Management (OASAM), Office of the Assistant Secretary for Policy (OASP), Office of the Chief Financial Officer (OCFO), Office of Workers' Compensation Programs (OWCP), Ombudsman for the Energy Employees Occupational Illness Compensation Program (EEOMBD), Pension Benefit Guaranty Corporation (PBGC), Veterans' Employment and Training Service (VETS), Economic Data from the Department of Labor, U.S. Department of Labor Issues Four New Wage and Hour Opinion Letters, U.S. Department of Labor Urges Workers and Public To Be Aware of Hazards After Hurricane Laura, Severe Storm and Flood Recovery Assistance. … Release Number. .dol-alert-status-error .alert-status-container {display:inline;font-size:1.4em;color:#e31c3d;} “Due to the coronavirus pandemic, more Americans are teleworking and working variable schedules than ever before to balance their jobs with a myriad of family obligations, such as remote learning for their children and many others. CHICAGO, Oct. 1, 2020 /PRNewswire/ -- The U.S. Department of Labor Employment and Training Administration (DOL-ETA) has awarded Easterseals $22 million to … U.S. Department of Labor and American Chemistry Council Renew Alliance to Protect Workers Hazardous Chemicals Exposure . For more information about the laws enforced by the Wage and Hour Division, call 866-4US-WAGE, or visit, ICYMI: U.S. Department of Labor Acts to Help American Workers and Employers During the Coronavirus Pandemic, U.S. Department of Labor Awards More Than $7 Million in Additional Disaster Recovery Funding to Florida in Response to Hurricane Michael, Severe Storm and Flood Recovery Assistance. WASHINGTON, DC – The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) and the American Chemistry Council (ACC) have renewed an … /*-->*/. /*-->*/. The Department has issued sub-regulatory guidance and individual letters over the years affirming that, in voting proxies and in exercising other shareholder rights, plan fiduciaries must consider factors that may affect the value of the plan’s investment and not subordinate the interest of participants and beneficiaries in their retirement income to unrelated objectives. Washington, DC 20210 Federal government websites often end in .gov or .mil. The .gov means it’s official. 1-866-487-2365 .dol-alert-status-error .alert-status-container {display:inline;font-size:1.4em;color:#e31c3d;} .manual-search-block #edit-actions--2 {order:2;} [CDATA[/* >*/. 1-866-4-USA-DOL “The proposal would provide clarity and further the prudent management of plan assets and resources.”, “The proposal would clarify ERISA fiduciary duties for proxy voting and monitoring proxy advisory firms,” said Acting Assistant Secretary of the Department’s Employee Benefits Security Administration Jeanne Klinefelter Wilson. The mission of the Department of Labor is to foster, promote and develop the welfare of the wage earners, job seekers and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights. Contact: Megan Sweeney. 20-1629-NAT. Date. Georgia Department of Labor Press Releases. For more information about the laws enforced by the Wage and Hour Division, call 866-4US-WAGE, or visit www.dol.gov/agencies/whd. The Department’s Employee Benefits Security Administration (EBSA) developed the proposed rule. The mission of the Department of Labor is to foster, promote, and develop the welfare of the wage earners, job seekers, and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights. Confusion over when an employer “has reason to believe that work is being performed,” may be exacerbated by the increasing frequency of telework and remote work arrangements since the Department last issued interpretive rules in 1961. div#block-eoguidanceviewheader .dol-alerts p {padding: 0;margin: 0;} The proposed rule amends the Department’s longstanding “Investment duties” regulation at 29 CFR 2550.404a-1. Federal government websites often end in .gov or .mil. 1-866-487-2365 Contact: … #views-exposed-form-manual-cloud-search-manual-cloud-search-results .form-actions{display:block;flex:1;} #tfa-entry-form .form-actions {justify-content:flex-start;} #node-agency-pages-layout-builder-form .form-actions {display:block;} #tfa-entry-form input {height:55px;} The site is secure. An official website of the United States government. The proposal includes a 30-day comment period and instructions on submitting comments through www.regulations.gov. Learn more about these issues. [CDATA[/* >