Excerpt: On May 25, 2007, Joe Canary, deputy director, Office of Regulations and Interpretations for the Department of Labor's Employee Benefits Security Administration (EBSA), confirmed that the requirement to file Form 5500 electronically will be implemented for plan years beginning on or after January 1, 2009, rather than January 1, 2008, as previously announced. He acknowledged that many in the pension industry, including ASPPA, had asked for a delayed effective date because of the volume of changes that would be needed to information and recordkeeping systems, the time needed to train staff and, in general, getting the plan sponsor community on board with the new requirement.  MORE >>