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The Future of Retirement Plan Disclosures?
Drinker Biddle
[Guidance Overview] Nov. 21, 2019 "Currently, plan sponsors can rely on a 2002 safe harbor for electronic delivery of documents and other information required under ERISA. However, the 2002 safe harbor is limited ... [P]lan sponsors may not rely on the proposed rule. Therefore, no changes should be made to current distribution procedures based on the new electronic disclosure rules at this time. [T]he proposed rule only applies to retirement plans -- so welfare plan disclosures (such as COBRA notices) would remain subject to the 2002 safe harbor." MORE >> |
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