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2015 ERISA Advisory Council Issue Statement: Model Notices and Plan Sponsor Education on Lifetime Plan Participation (PDF)
Advisory Council on Employee Welfare and Pension Benefit Plans, Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
Apr. 29, 2015
"The Council would like to hear recommendations related to the drafting of model notices concerning lifetime participation in ERISA plans. The Council would welcome witnesses and others to submit examples of model notices or other communications, including documents that are currently being delivered to participants.... The Council would like to hear recommendations related to outreach materials the Department can provide to plan sponsors on the topic of innovative plan features that may encourage lifetime participation.... The Council requests testimony as it relates to data security issues."
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