Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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California Regulators Propose Repeal of Disability Benefit Offset Rule
Mercer Dec. 3, 2008
Excerpt: California insurance regulators have proposed repealing a recently adopted rule (2232.45) that prohibits insurers from offsetting disability benefits by amounts they estimate the beneficiary will receive from state-mandated disability or workers' compensation. The rule was issued under a California insurance law (790.06) that gives the Department of Insurance (DOI) broad powers to interpret and enforce any activity or practice it deems unfair or deceptive.
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