The Department of Labor’s Employee Benefits Security Administration (EBSA) this week issued an interim final rule increasing the level of long-term transparency available to employees to assess their retirement income. Specifically, the rule implements part of the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019) that amended ERISA by requiring a participant’s accrued benefits to be included on the pension statement. Furthermore, the new rule requires retirement plan administrators to detail for employees what their retirement income (under certain assumptions) would equal under two different possible scenarios: first, as a single life income stream and secondarily, factoring in a survivor benefit.  Publication of the final interim rule in the Federal Register will trigger a 60-day public comment period with the final regulation being effective 1 year thereafter.