Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Compliance June 1, 2012
EBSA Schedules More Fiduciary Workshops
The Department of Labor’s Employee Benefits Security Administration (EBSA) has announced more workshops for retirement plan fiduciaries.
Reported by Rebecca Moore
A workshop about fiduciary duties and correction programs will be held June 12 in Nashville, Tennessee, and the agency’s “Getting It Right! Know Your Fiduciary Responsibilities” seminar will be held August 14 in Chicago, Illinois.
Topics include:
- Understanding your plan and your responsibilities;
- Selecting and monitoring service providers;
- Making contributions on time;
- Avoiding prohibited transactions; and
- Making appropriate disclosures to plan participants and filing annual reports to the government on time.
More information about the Nashville event is available here.
More information about the Chicago event is available here.
You Might Also Like:
COLA for 2018 Is Announced by The Social Security Administration
Social Security and Supplemental Security Income recipients will see a 2% increase next year—the largest increase since 2012.
Benefitfocus Enhances CDHP and COBRA Administration
Through a single partner, employers will be able to manage health care benefits, promote enrollment and satisfy compliance requirements.
PBGC Issues Technical Update on Reportable Events
The technical update specifically addresses active participant reduction event requirements.