Employee Benefits Security Administration - EBSA

DEFINITION of 'Employee Benefits Security Administration - EBSA'

A division of the Department of Labor (DOL) charged with enforcing the rules governing the conduct of plan managers, the investment of plan assets, the reporting and disclosure of plan information, the fiduciary provisions of the law, and workers' benefit rights.

BREAKING DOWN 'Employee Benefits Security Administration - EBSA'

This is one of the divisions of the U.S. government that acts as a watchdog against the inappropriate activities of pension managers.