Employee Benefits Law Report

Tag Archives: FAQ

Will OMB Ever Push the Button to Finalize Fee Disclosure Regulations, and What About the Summary of Benefits and Coverage Regulations?

Phyllis Borzi, Assistant Secretary of the Employee Benefits Security Administration ("EBSA") and one of the founding members of the Worldwide Employee Benefits Network ("WEB") paid a visit to WEB's Cleveland Chapter yesterday. One of the issues she addressed was the status of the retirement plan service provider disclosure regulations. … Continue Reading

Health Care Reform Update: Grandfathered Plans

The Department of Labor (“DOL”) has published Frequently Asked Questions describing the scope of the anti-abuse rule (available here). Generally, transferring employees from one grandfathered plan or benefit package (transferor plan) to another (transferee plan) will cause the transferee plan to relinquish grandfather status if amending the transferor plan to replicate the terms of the transferee … Continue Reading