Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Fund Reconciliation and Reorg Analyst

Ubiquity Retirement + Savings
(Remote / San Francisco CA)

Ubiquity Retirement + Savings logo

401(k) Plan Analyst

Evergreen Retirement Plan Consulting, LLC
(Remote)

Evergreen Retirement Plan Consulting, LLC logo

Compliance Analyst - Defined Contribution Plans

M2B Retirement Consulting LLC
(Remote / PA)

M2B Retirement Consulting LLC logo

Retirement Plan Administrator

Retirement Solutions Specialists, LLC
(Remote / Jacksonville FL)

Retirement Solutions Specialists, LLC logo

Policy Researcher, Analyst, and Writer

Policy Futures Network
(Remote / Washington DC)

Project Coordinator/New Business Implementation Team

The Retirement Plan Company (TRPC)/an ABG firm
(Remote)

The Retirement Plan Company (TRPC)/an ABG firm logo

Director- Employee Health Plan

Indiana University Health
(Indianapolis IN)

Indiana University Health logo

Retirement Plan Administrator

Hessel & Associates, LLC
(Remote / IL)

Hessel & Associates, LLC logo

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Rancho Cordova CA / Corona CA)

Nicholas Pension Consultants logo

Inquisitive DC Account Manager

Nova 401(k) Associates
(Remote / Houston TX / Scottsdale AZ)

Nova 401(k) Associates logo

Head of Sales-Retirement Plans

The Standard
(Remote / Portland OR)

The Standard logo

Assistant Director of Pension Administration

Primark Benefits
(Remote / San Mateo CA)

Primark Benefits logo

Enrolled Actuary - Pensions

Robin S. Weingast & Associates
(Remote / Garden City NY / CT / NJ)

Robin S. Weingast & Associates logo

DB/DC Administrator

Primark Benefits
(Remote / San Mateo CA)

Primark Benefits logo

Internal Accounting Specialist

July Business Services
(Remote)

July Business Services logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

Press Releases by Date   |   Press Releases by Company Name


View More Press Releases by Employee Benefits Security Administration [EBSA], U.S. Department of Labor

Press Release

DOL, Multi-Employer Benefit Plan Reach Settlement; Plan to Pay $431,818 in Unpaid Benefits to Former Grocery Store Employees

Issued by Employee Benefits Security Administration [EBSA], U.S. Department of Labor

May 26, 2020

SPARKS, MD, May 22, 2020 – The U.S. Department of Labor has reached a settlement agreement with the board of trustees of the Food Employers Labor Relations Association (FELRA) and United Food and Commercial Workers (UFCW) Voluntary Employees’ Beneficiary Association (VEBA) Fund, a multi-employer welfare benefit fund. The agreement requires the trustees of the Sparks, Maryland-based fund to pay $431,818 in previously denied severance benefits to 32 former employees of SuperFresh grocery stores.

The FELRA and UFCW VEBA Fund is a multi-employer, collectively bargained employee welfare benefit trust, which provides a variety of benefits, including severance benefits, primarily to grocery store workers and their family members in the mid-Atlantic region.

An investigation by the Department’s Employee Benefits Security Administration (EBSA) found that from May 2016 to May 2020, trustees of the fund violated the Employee Retirement Income Security Act (ERISA) by systematically applying an incorrect standard in deciding claims for severance benefits for former SuperFresh employee claimants. The standard applied was contrary to the facts, the terms of the plan and the trustees’ treatment of other similarly situated plan participants who received severance benefits in 2016.  

In addition to the unpaid severance benefits, the trustees will also pay a $43,182 penalty for the ERISA violations.

“The U.S. Department of Labor will continue to work to protect the benefits promised to hardworking Americans,” said Employee Benefits Security Administration Regional Director Michael Schloss in Philadelphia, Pennsylvania.  

EBSA’s Washington District Office conducted the investigation, and the Plan Benefits Security Division of the department’s Office of the Solicitor resolved the matter.

Employers and workers can reach EBSA toll-free at 866-444-3272 for help with problems related to private sector retirement and health plans. Additional information can be found at http://www.dol.gov/agencies/ebsa.

EBSA’s mission is to assure the security of the retirement, health and other workplace related benefits of America's workers and their families. EBSA accomplishes this mission by developing effective regulations; assisting and educating workers, plan sponsors, fiduciaries and service providers; and vigorously enforcing the law.

The mission of the Department of Labor is to foster, promote and develop the welfare of the wage earners, job seekers and retirees of the United States; improve working conditions; advance opportunities for profitable employment; and assure work-related benefits and rights.

BL:hh

View More Press Releases by Employee Benefits Security Administration [EBSA], U.S. Department of Labor


Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

© 2022 BenefitsLink.com, Inc.