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American Benefits Council Submits Recommendations for Standardized and Automatic Disaster Relief (PDF)
American Benefits Council
[Opinion] Jan. 23, 2018 "[We] encourage the Agencies to work together to develop their own standardized and automatic inter-agency disaster relief system for employer-provided benefits that can be triggered by a single announcement. For example, ... PBGC could agree to automatically make available certain relief, like extended premium deadlines, to employers already covered by the IRS's automatic disaster tax relief press release system. Similarly, DOL could agree to not treat any person as having violated Title I of ERISA solely for utilizing disaster tax relief offered by the IRS or PBGC." [Similar letters also sent to IRS and PBGC.] MORE >> |
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