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Barbara Weltman

Big Ideas for Small Business, Inc.

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Climate risk to retirement plans?

March 12, 2022 / By Barbara Weltman

The DOL’s Employee Benefits Security Administration is asking for comments from the public on actions that it can take to protect savings in retirement plans from risks related to climate change. For example, what government oversight (e.g., penalties) should be used to get plan managers to factor in climate change into their plans’ investment decisions and their proxy voting. You may submit comments electronically by May 15 to the D Federal eRulemaking portal and identify them by Z–RIN 1210– ZA30.  #IdeaoftheDay

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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