Bates & Company, Inc.
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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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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Compass
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Don't Get Bitten by Your COBRA Notices
Dorsey Jan. 22, 2020 "[A] recent wave of class action lawsuits challenges whether employers' COBRA notices were sufficient.... [P]laintiffs generally allege that the notice they received did not include all the information set forth in the regulations or in the DOL's model notice, and that the average plan participant could not understand the notice.... Thus far, employers have been unsuccessful in defeating these COBRA notice lawsuits at the pleading stage.... There are steps employers can take now to minimize the risk of being swept into this COBRA notice litigation." |
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