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Saturday, September 28, 2024

Chair Good to conduct oversight of Employee Benefits Security Administration

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Virginia Foxx - Chairwoman of the Education and the Workforce committee | Official U.S. House headshot

Virginia Foxx - Chairwoman of the Education and the Workforce committee | Official U.S. House headshot

Tomorrow at 10:00 a.m., the Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Bob Good (R-VA), will conduct a hearing titled “Examining the Policies and Priorities of the Employee Benefits Security Administration.”

“Instead of advancing initiatives to strengthen and improve employer-sponsored health care plans, the Employee Benefits Security Administration’s (EBSA) imprudent regulatory efforts have saddled American workers with higher costs, fewer benefits, and less flexibility,” said Chairman Good. “To make matters worse, its retirement regulations have pushed environmental and social issues over maximizing Americans’ savings and return on investments. This hearing will not only shine a light on EBSA’s misguided regulatory agenda, but it will also examine Assistant Secretary Lisa Gomez’s involvement in taxpayer funds erroneously paid to pension plans for deceased participants.”

The hearing details are as follows:

What: Subcommittee hearing titled “Examining the Policies and Priorities of the Employee Benefits Security Administration”

When: 10:00 a.m. on Thursday, June 27, 2024

Where: 2175 Rayburn House Office Building

Witness: The Honorable Lisa M. Gomez, Assistant Secretary, EBSA

Press: The hearing will be live-streamed on the Committee’s YouTube page.

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