Federal agencies have put out new help for employers that offer pension-linked emergency savings accounts (PLESAs) to non-highly compensated employees.
A new rule from the US Department of Labor clarifies that fiduciaries may look at the economic effects of climate change and other ESG considerations on a particular investment or investment course of action.
Employers seeking to advise employees of any retirement benefits offered to employees as part of their overall benefits package should consider including this model policy statement in their handbook.