4 pages. Excerpt: On November 25, 2008, the U.S. Department of Labor (DOL) furnished new guidance concerning the bonding requirements that protect employee benefit plan assets from losses caused by the fraud or dishonesty of 'plan officials.' Field Assistance Bulletin 2008-04 provides a set of 42 questions and answers that addresses numerous aspects of the rules under ERISA Section 412, as amended by the Pension Protection Act of 2006, and its associated regulations. Topics include who must be bonded and who is exempt, the amount and type of coverage required, and who is responsible for compliance.  MORE >>