DOL Seeks to Move Pension Filings to the Cloud
The ERISA public disclosure website
— which houses filings by health and pension plans of private employers — is headed for the cloud. According to Federal Times
, the Department of Labor (DOL) is choosing a vendor that can provide a FedRAMP-certified cloud for this purpose.
The DOL’s request for information
(RFI) for a vendor to host the website was open to any vendor, although the DOL was especially interested in bids from:
1. small businesses;
2. small businesses owned by veterans disabled in their service; and
3. HUBZone small businesses.
The DOL’s Employee Benefit Security Administration, not the vendor, will maintain the site.
The transfer to a cloud-based platform involves a great deal of information — the public disclosure website contains around 12 terabytes of forms in PDF format. Federal Times reports that the files grow by 450 gigabytes every year.