Notice 11 Jul 2025 compliance, information collection, business regulations, labor department, employee benefits

📄Department of Labor Information Collection Regulations Overview

The Department of Labor (the Department), in accordance with the Paperwork Reduction Act, provides the general public and Federal agencies with an opportunity to comment on proposed and continuing collections of information. This helps the Department assess the impact of its information collection requirements and minimize the public's reporting burden. It also helps the public understand the Department's information collection requirements and provides the requested data in the desired format. The Employee Benefits Security Administration (EBSA) is soliciting comments on the proposed extension of the information collection requests (ICRs) contained in the documents described below. A copy of the ICRs may be obtained by contacting the office listed in the ADDRESSES section of this notice. ICRs also are available at reginfo.gov (http://www.reginfo.gov/public/do/PRAMain).

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Rule 1 Jul 2025 compliance, regulations, securities, reporting and recordkeeping requirements, pensions, erisa, labor department, employee benefits, investments, surety bonds, employee benefit plans, retirement plans, trusts and trustees, annuities, foreign investments in united states

📉Removal of Annuity Provider Regulation

This direct final rule (DFR) removes 29 CFR 2550.404a-4 from the Code of Federal Regulations, which is a regulation published in 2008 that provides a fiduciary safe harbor for the selection of annuity providers for the purpose of benefit distributions from individual account retirement plans covered by title I of the Employee Retirement Income Act of 1974 (ERISA). The regulatory safe harbor became unnecessary in 2019 when Congress amended ERISA to add a more streamlined fiduciary safe harbor covering the same activity. Although the statutory safe harbor did not technically nullify or repeal the regulatory safe harbor, its existence offers an unnecessary and inefficient alternative and may inadvertently be a trap for the unwary. This action improves the daily lives of the American people by reducing unnecessary, burdensome, and costly Federal regulations.

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Rule 1 Jul 2025 regulatory compliance, securities, reporting and recordkeeping requirements, pensions, erisa, labor department, employee benefits, insurance, investments, surety bonds, employee benefit plans, trusts and trustees, foreign investments in united states

📜DOL Finalizes Removal of Obsolete Insurance Regulation

This DFR removes 29 CFR 2550.401c-1 from the Code of Federal Regulations, which the Department of Labor (DOL) believes is obsolete. The regulation applies only to certain insurance policies or contracts issued to (or on behalf of) employee benefit plans on or before December 31, 1998. Given the unlikelihood that any of these policies or contracts remain in effect, the DOL believes the regulation is no longer needed and, if left on the books, could add confusion and unnecessary complexity. Removing obsolete regulations eliminates the burden on the public of having to determine whether they need to comply with the regulations. This action is being taken pursuant to Executive Order 14192, titled Unleashing Prosperity Through Deregulation.\1\ This action improves the daily lives of the American people by reducing unnecessary, burdensome, and costly Federal regulations. ---------------------------------------------------------------------------

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Rule 1 Jul 2025 compliance, government contracts, federal regulations, administrative practice and procedure, accounting, grant programs, reporting and recordkeeping requirements, colleges and universities, intergovernmental relations, grants, indians, labor department, loan programs, hospitals, nonprofit organizations, business owners

📄Removal of Obsolete Regulations on Federal Grants and Contracts

This DFR removes obsolete grant and contract regulations in the Department of Labor's regulations. These grant and contract regulations were superseded by the Office of Management and Budget's (OMB's) Guidance for Grants and Agreements, codified in the Code of Federal Regulations, which the Department of Labor adopted and gave regulatory effect to in 2014.

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Notice 26 Jun 2025 regulatory compliance, safety standards, labor department, osha, nrtl, product testing

🛠️OSHA Notice on NRTL Recognition for Intertek Testing Services

In this notice, OSHA announces the application of Intertek Testing Services NA, Inc., for expansion of the recognition as a Nationally Recognized Testing Laboratory (NRTL) and presents the agency's preliminary finding to grant the application.

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Notice 26 Jun 2025 compliance, labor department, safety regulations, osah, singapore, testing and certification, national standards, production

🧪OSHA Expands CSA Group's Recognition for Testing Certification

In this notice, OSHA announces the final decision to expand the scope of recognition for CSA Group Testing & Certification Inc., as a Nationally Recognized Testing Laboratory (NRTL).

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Notice 24 Jun 2025 labor department, inflation, economic data, consumer price index, business planning

📈Implications of CPI-U Increases for Business Owners and Executives

The notice from the Department of Labor details significant increases in the Consumer Price Index for All Urban Consumers (CPI-U), illustrating inflation trends from historical averages. This information serves as a foundational economic indicator for businesses to adjust pricing strategies, wage policies, and financial planning in response to these changes.

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Notice 24 Jun 2025 labor department, inflation, economic data, consumer price index, business planning

📈Significant Increase in Consumer Price Index & Business Implications

The Department of Labor announces a substantial increase in the All Items Consumer Price Index for Urban Consumers, indicating an inflation rise from the 1984 average to 2024. This shift highlights trends in consumer prices, crucial for economic assessments and decision-making in various industries.

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Notice 6 May 2025 compliance, safety standards, information collection, labor department, mine safety

⚠️Notice on Petitions for Modification of Safety Standards

The Department of Labor (DOL) is submitting this Mine Safety and Health Administration (MSHA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.

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Notice 5 May 2025 compliance, business operations, labor department, commercial diving, safety regulation, osga

🤿DOL Requests Public Comments on Commercial Diving Operations Standards

The Department of Labor (DOL) is submitting this Occupational Safety & Health Administration (OSHA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.

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