New Jersey employers that offer certain types of benefit plans have an obligation to observe their fiduciary duties as established by the Employee Retirement Income Security Act of 1974. In fiscal 2017, the Employee Benefits Security Administration that investigates complaints related to employer retirement plans recovered $1.1 billion, with $682.3 million coming directly from enforcement actions. All monies recovered represented a 42 percent increase from fiscal 2016, and the financial results of enforcement actions nearly doubled compared to the year before.
In fiscal year 2017, there were 84,254 charges of discrimination in the workplace made by New Jersey residents and others in America. During that same period of time, the EEOC was able to resolve 99,109 charges and reduce case inventory to 61,621. That was a 16.2 percent reduction during fiscal year 2017, and it was also the lowest number in a decade.