Guest Donaldson Posted January 24, 2003 Posted January 24, 2003 Under the updated claims procedure rules (for defined contribution plans), does anyone know whether a company must have its procedures in the plan document or whether it is sufficient that they are spelled out in the SPD? I thought it was fine to just have the claims procedures in the SPD, but I was not sure if the plan document could be completely silent. Thank you for your responses.
four01kman Posted January 24, 2003 Posted January 24, 2003 SPD only should do the job. As I recall the Labor regs say the claims procedures must be in the SPD. Jim Geld
Guest Donaldson Posted January 24, 2003 Posted January 24, 2003 That's what I thought too. I don't recall seeing anything in the regs. requiring that the plan document contain the procedures or have a reference to them. Thank you.
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