The Employee Benefit Security Administration (EBSA) in 2017 upped its recovery of missing employee retirement contributions (including fines) to $1.1 billion from $777.5 the year before. At the same time, due in great part to automation, the ERISA-enforcement wing of the Department of Labor (DOL) was able to reach the higher recovery figure on fewer […]
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Following a 90-day delay to solicit comments, today (April 1, 2018) is the applicability date for employee benefit plans to comply with a final rule under the Employee Retirement Income Security Act (ERISA) that will give America’s workers new procedural protections when dealing with plan fiduciaries and insurance providers who deny their claims for disability […]
Read the rest of this entry »The Department of Labor (DOL) has announced a 90-day delay – through April 1, 2018 – of the applicability date for ERISA plans to comply with a final rule amending the claims procedure requirements applicable to disability benefits. The three-month delay of the applicability date announced Nov. 24 is intended to give interested stakeholders the […]
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