ERISA-Bubs Posted November 28, 2011 Posted November 28, 2011 Notice to interested parties must go to all employed participants, all who could become participants and all who are employed in the same location. For a frozen DB plan, the only people in the plan are individuals with accrued benefits. Are they considered participants?
Effen Posted November 28, 2011 Posted November 28, 2011 Ok, I'll bite. Yes, people with accrued benefits are "participants". Am I missing something here? The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
Andy the Actuary Posted November 28, 2011 Posted November 28, 2011 Yes, but how much interest do they have??? The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
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