EBSA Investigations Transparency Act

Employee Benefit Security Administration Investigations Transparency Act or the EBSA Investigations Transparency Act This bill requires the Employee Benefit Security Administration (EBSA) of Department of Labor to annually report on cases in enforcement status, including active investigations and targeted compliance monitoring. The EBSA enforces requirements related to the protection of employee rights under employer-sponsored benefit plans (i.e., Title I of the Employee Retirement Income Security Act). The report must include (1) which office of the EBSA opened the investigation, (2) the date the investigation was opened, (3) the date the office first requested documents from the target of the investigation, (4) whether the investigation concluded within 36 months after such documents were requested, and (5) the estimated date for the conclusion of any investigation that has been open for more than 36 months after the documents were first requested. The report must not include information identifying any party to the investigation.