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Summary Plan Description Posted on Company Intranet Does Not Satisfy ERISA Electronic Disclosure Rules

Contributed by Kelly Haab-Tallitsch

A recent court decision from the Eastern District of New York found that posting a summary plan description (SPD) on a company Intranet, without additional notice to participants, does not satisfy the electronic disclosure rules for employee benefit plans under ERISA. 388 more words

Employment Policies

Legislative Brief: What is an ERISA Plan?

What is an ERISA Plan in the group health plan environment? ERISA has been amended many times over the years, expanding the protections available to welfare benefit plan participants and beneficiaries. 185 more words

Employee Benefits

Internal Controls for Catch-Up Contributions

For 401(k) plans evaluating whether participants are eligible to make a catch-up contribution, 1965 is an important year.

Sunscreen

Fried Frank discusses U.S. DOL Re-Proposes ERISA Fiduciary Rule

Roughly four and a half years after its first attempt, the U.S. Department of Labor today again proposed to redefine the term “fiduciary” as it applies in the investment advice context. 1,136 more words

Corporate Governance

Proposal to apply fiduciary standards to retirement advice could have a far-reaching impact on financial services

On April 20, 2015, the Department of Labor (“DOL”) proposed regulatory changes that could have a widespread impact on the financial services industry. The amended rules are designed to protect the public from questionable retirement investment advice by requiring retirement advisers to follow strict “fiduciary” standards – putting their clients’ best interests before their own. 547 more words

Deloitte Center For Regulatory Strategies

CHILD VACCINATIONS: DON’T WAIT TO VACCINATE

Over four million babies are born in the United States every year, and the U.S. Centers for Disease Control and Prevention (CDC) recommends vaccination against 16 vaccine preventable diseases. 665 more words

Benefit Consultant