Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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DOL's Guidance as COBRA Subsidy Eligibility Nears End (PDF)
Buck [Guidance Overview] Dec. 10, 2009
Excerpt: The DOL recently posted two new FAQs on its website addressing eligibility for the ARRA COBRA subsidy after December 31, 2009. One Q&A confirms that individuals who do not become eligible for COBRA until on or after January 1, 2010 will not qualify for the subsidy even if the termination of employment occurred prior to that date. The second confirms that individuals who qualify for the subsidy in 2009 may continue to receive it in 2010. Ultimately, Congress may act to extend the subsidy. In the meantime, employers will need to decide how to handle the end of the subsidy for affected individuals.
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