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Does the DOL's new Guidance issued on Plan expenses apply to Governmen


Guest Cindy A. Steiner

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Guest Cindy A. Steiner

Does the DOL's new Guidance issued on Plan expenses apply to Government plans (as defined in section 1002 (32) of ERISA)?

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  • 3 weeks later...

In theory, no, because governmental plans are exempt from Title I of ERISA, under which the guidance was issued. The only question is whether a court interpreting state statutes, or the common law of trusts, might look to the Department of Labor guidance by analogy.

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