Barbara Weltman

Big Ideas for Small Business, Inc.

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Climate risk to retirement plans?

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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