DOL Announces Inflation Adjusted Civil Penalty Amounts for 2024

The Department of Labor (DOL) issued a final rule for annual inflation adjustments to civil monetary penalties for the Employee Benefits Security Administration (EBSA), increasing penalties for failure to furnish various required reports to beneficiaries and government agencies. This also includes inflation adjusted penalties under the Employee Retirement Income Security Act (ERISA) and the Family and Medical Leave Act (FMLA).​

This rule is effective January 15, 2024.