Labour market · 01/03/2013

New ERISA Rules Expand Labor Department's Authority to Crack Down on MEWAs

The U.S. Department of Labor has issued two final rules under the Employee Retirement Income Security Act of 1974 (ERISA) to enhance its enforcement authority against multiple employer welfare arrangements (MEWAs), allowing the Secretary of Labor to issue cease and desist orders and summary seizure orders in cases of alleged fraud or financial insolvency.