DOL Seeks to Move Pension Filings to the Cloud

By ASPPA Net Staff • February 17, 2015 • 0 Comments
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.