Labor Department to Receive TMF Allocation for Benefits Services System Modernization

The General Services Administration said the Department of Labor will receive nearly $3.5 million from the Technology Modernization Fund to support a digital service program that would help beneficiaries claim lost benefits.

According to the GSA, the funding will be used for an Employee Benefits Security Administration project that would enable more than 153 million workers, retirees and families to look for savings and benefits owed to them by retirement funds. The registry to be created under the project can be used by beneficiaries covered by private employment retirement plans and other welfare benefits.

The registry is a requirement under the “Setting Every Community Up for Retiring Enhancement Act 2.0”, FedScoop reported.

Other government agencies have secured TMF allocations for their respective modernization efforts since the start of 2023.

In October, the Department of Transportation and the Federal Trade Commission secured $9.1 million in total TMF allocations for systems modernization. Specifically, the DOT received $8 million to modernize a complaint and case trafficking application managed by the Office of Aviation Consumer Protection while the FTC received $1.1 million to replace the Registration Number System with a cloud-based application.