DOL Guidance on Missing Pension Plan Participants Benefits Law Update
By EsqSocial Corporation 20/01/21
The Department of Labor (“DOL”) has undertaken a nationwide compliance initiative to ensure that retirement plan participants receive the benefits that they were promised when they reach their retirement age. To that end, the DOL recently issued three pieces of guidance – (i) Missing Participants - Best Practices for Pension Plans (“Best Practices”), (ii) Field Assistance Bulletin No. 2021-01 (“FAB 2021-01”) and (iii) Compliance Assistance Release No. 2021-01 (“CAB 2021-01”). This blog post...
By: Verrill