As reported in the February 2012 edition of For Your Benefit (see “The Final Fee Disclosure Rules Finally Arrive” by Daniel Kuperstein and Harvey Katz), the United States Department of Labor recently issued the final fee disclosure regulation to ERISA.
The first three quarters of 2011 saw significant changes to the federal health care reform laws (the Affordable Care Act or ACA).
In this article, we continue summarizing recent government guidanceannouncements with respect to the Patient Protection and Affordable Care Act of 2010 (Affordable Care Act).
In October 2010, the Department of Labor (DOL) issued proposed regulations expanding the definition of fiduciary.
Recently, Congress threw a $5 billion financial lifeline to employers, unions and state and local governments struggling with the astronomical cost of providing health insurance coverage to "early retirees" through the creation of the Early Retiree Reinsurance Program (ERRP).
As many employers may already know, the new health care reform law has created a special status for health care plans that allows them to be exempt from many of the law's new requirements - a status referred to as "grandfathered plan status.
On March 23, 2010, the Patient Protection and Affordable Care Act (generally referred to as the Health Care Reform Act) was signed into law.
The week of May 17, the IRS began sending out questionnaires and letters to 1,200 plan sponsors asking them to complete the 401(k) Compliance Check Questionnaire.
The Department of Labor (DOL) issued a model Children's Health Insurance Program Reauthorization Act of 2009 (CHIPRA) notice on February 4, 2010.