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2019 ERISA Advisory Council Issue Statement: Permissive Transfers of Uncashed Checks from ERISA Plans to State Unclaimed Property Fund (PDF)
Advisory Council on Employee Welfare and Pension Benefit Plans, Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] Link to more items from this source
May 13, 2019
"The 2019 Council's objective is to review the treatment and procedures utilized by state unclaimed property funds, which may vary significantly between states.... [T]he purpose of the review is to explore whether there are circumstances in which voluntary transfers of uncashed distribution checks to a state unclaimed property fund advances the [DOL's] goal of reuniting Missing Participants with their retirement savings."

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