Share on LinkedInShare on LinkedIn

ARTICLE · 29 NOVEMBER 2017

Benefits Counselor November 2017

The IRS issued two revenue procedures that update its earlier revenue procedures regarding funding methods for defined benefit plans.

United StatesEmployment and HR

General Employee Benefits

DOL Proposes 90 Day Delay in Implementing Final Rule on Disability Claims Procedures.

The Department of Labor ("DOL") proposed a rule to delay for 90 days the applicability of the final rule amending the claims procedure requirements applicable to ERISA covered employee benefit plans that provide disability benefits. The final rule was scheduled to take effect on January 1, 2018, and the proposed delay would postpone the application to April 1, 2018. Reinhart's Department of Labor Issues Final Regulations on Disability Claims and Appeals Procedures alert discusses the details of the rule. In summary, the final rule requires plans, plan fiduciaries, and insurance providers for pension and health plans to comply with additional procedural protections for disability claims. Comments on the proposed rule to extend the applicability date were due October 27, 2017, and comments providing data and which are otherwise germane to the examination

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from