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Compliance March 6, 2012
EBSA to Host VFCP Advanced Workshop
The U.S. Department of Labor’s Employee Benefits
Security Administration (EBSA) is hosting a voluntary fiduciary correction
program (VFCP) advanced workshop.
Reported by Rebecca Moore
The workshop is for any employee benefit plan sponsors, officials, parties-in-interest or service providers that are interested in how to correct fiduciary violations under the Employee Retirement Income Security Act (ERISA). It will cover three of the 19 VFCP transactions: (1) Duplicative, Excessive, or Unnecessary Compensation Paid by a Plan; (2) Delinquent Participant Contributions to Insured Welfare Plans; and (3) Delinquent Participant Contributions to a Welfare Plan Trust.
The workshop is March 23, 2012, from 9 a.m. to noon at the Kluczynski Federal Building, 230 S. Dearborn Street, Chicago, Illinois.
The workshop and all materials provided are free.
The registration form is at http://www.dol.gov/ebsa/pdf/VFCPIL032312.pdf or by going to http://www.dol.gov/ebsa, and choosing the Chicago event at the bottom of the page.