February 15, 2023 • News

USDOL Announces 2023 Adjustment of Civil Monetary Penalties

The U.S. Department of Labor (USDOL) announced the annual adjustments for civili monetary penalties, effective January 15, 2023. The adjustments for inflation, required under federal law, address penalties imposed under ERISA, OSHA, FLSA, FMLA and INA, among other statutes. 

The adjustments apply to the following statutes (click through to see the specific violations for which the maximum civil monetary penalty will increase on or after January 16, 2023 (for violations occurring after Nov. 2, 2015):

In addition, the Pension Benefit Guaranty Corporation (PGBC) issued a final rule that increase penalties for failure to provide certain notices in 2023.