Guest ny344 Posted February 2, 2000 Posted February 2, 2000 Does anyone know if there are regulations on how soon participants must be notified of plan changes to a non-contributory dental plan?
Guest Posted February 3, 2000 Posted February 3, 2000 The usual erisa rules apply---I think 90 days after the year in which the change occurred.
JWK Posted February 3, 2000 Posted February 3, 2000 I think the general ERISA rule is 210 days after the end of the plan year in which the change was adopted. Keep in mind, though, that you are vulnerable to a participant lawsuit based on reliance on the SPD until you provide updated information. So, even though ERISA may give you lots of time, as a practical matter sooner is better. Also, don't forget the 60 day rule for a summary of material reduction if your dental plan is subject to HIPAA. [This message has been edited by JWK (edited 02-02-2000).]
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