DOL Regulatory Agenda, Spring 2025

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DOL Regulatory Agenda, Spring 2025
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]

[Official Guidance]
Sept. 4, 2025

Published Sep. 4, 2025. Changes to benefits-related items from the Fall 2024 DOL Regulatory Agenda:

Added to Proposed Rule Stage:

Improving Transparency into Pharmacy Benefit Manager Fee Disclosure [1210-AB37]
Transparency in Coverage [1210-AC30]
Default Electronic Disclosures by Employee Welfare Benefit Plans Under ERISA [1210-AC35]
Employee or Independent Contractor Classification Under the Fair Labor Standards Act [1235-AA46]

Moved from Final Rule Stage to Proposed Rule Stage:

Performance Benchmarks for Multi-Asset Class Investments [1210-AC26]

Added to Final Rule Stage:

Removal of Interpretive Bulletins Relating to [ERISA] of 1974 [1210-AC32]
Selection of Annuity Providers -- Safe Harbor for Individual Account Plans [1210-AC33]
Removal of 2550.401c-1, Definition of 'plan assets'-insurance company general accounts [1210-AC34]
Investment Advice Fiduciary Under ERISA [1210-AC36]
Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights [1210-AC37]

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