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Proskauer Rose LLP | USA | 14 Jul 2011

Department of Labor extends deadlines for fiduciary and participant level disclosures

On July 13, 2011, the U.S. Department of Labor (DOL) issued new guidance delaying the effective date of the new fiduciary-level disclosure rules required by interim final regulations (the “408(b)(2) Interim Final Regulations”) under Section 408(b)(2) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") until April 1, 2012.


Proskauer Rose LLP | USA | 16 Apr 2010

ERISA news flash

Last night, President Obama signed the Continuing Extension Act of 2010 (CEA), which extends the eligibility period for the ARRA COBRA subsidy for an additional two months (to May 31, 2010).


Proskauer Rose LLP | USA | 19 Jan 2010

ERISA news flash

The DOL has posted on its website an updated model COBRA Election Notice that reflects the longer ARRA subsidy period (of 15 months) and the extended eligibility period (to February 28, 2010), in accordance with the amendments made to ARRA by the Department of Defense Appropriations Act, 2010.

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