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PWBA Answers Frequently Asked Questions about the Voluntary Fiduciary Correction Program
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]Link to more items from this source
July 31, 2002
Press release. Excerpt: Assistant Secretary Ann L. Combs said, 'Today's guidance clarifies aspects of the program relating to delinquent employee contributions and the calculation of money owed to a plan. As part of our ongoing compliance assistance efforts, we hope this guidance will encourage plan sponsors to use the program and avoid enforcement actions and civil monetary penalties. The guidance also will assist service providers who prepare applications under the program ...'

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