In this episode of the Proskauer Benefits Brief, partner Ira Bogner and senior counsel Adam Scoll discuss ERISA's bonding
requirements. ERISA's bonding rules generally require that
every fiduciary of an ERISA-covered employee benefit plan and every
person who handles funds or other property of such a plan be
bonded. We will break down these bonding rules and their
importance, so be sure to tune in to this episode.
Listen to the
podcast
Adam Scoll: Hello, and welcome to the Proskauer
Benefits Brief, legal insights on employee benefits and executive
compensation. I'm Adam Scoll, senior counsel in the firm's
Boston office, and I'm here with Ira Bogner, partner in our New
York office, and today, we will be discussing ERISA's bonding
requirements. By way of background, ERISA's bonding rules are
set forth in section 412 of ERISA, and they generally require that
every fiduciary of an ERISA-covered employee benefit plan, and
every person who handles funds or other