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The INSIGHT Act amends the Employee Retirement Income Security Act of 1974 to require the Employee Benefit Security Administration to submit annual reports to Congress detailing the status of enforcement investigations, including timelines and reasons for delays exceeding 36 months. The bill also requires the Secretary of Labor to enter into written agreements with individuals receiving 'adverse assistance' (information or advice directed toward attorneys for use in civil litigation) and to report annually to Congress on all such agreements, including details of information shared and communications. Additionally, the bill adds a congressional finding affirming that private pension plans are integral to employee retirement security and declares it a policy of the Act to promote their voluntary establishment and maintenance.
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