EBIA Weekly Archives - ERISA - Statutes
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Results (164 articles found)
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- DOL Issues Advisory Opinion on Use of MEWA Assets After Termination
- From the July 10, 2003 EBIA Weekly
- A Pennsylvania automobile dealer trade association that sponsored a multiple employer welfare arrangement (MEWA) for employees of the association's members sought guidance from the DOL on how to distribute assets after the MEWA's planned termination. Some of the ...
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- As "Settlor" Functions, Amendments to Life Insurance and Pension Plans Are Not Subject to ERISA Fiduciary Rules
- From the April 24, 2003 EBIA Weekly
- We bring you this DOL Advisory Opinion letter because it illustrates some basic principles about the amendment and termination of ERISA benefits. The letter was requested by Prudential Insurance Company, seeking guidance on the application of ERISA's fiduciary requirements ...
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- Final Regulations Issued on the Form M-1 Reporting Requirement for MEWAs
- From the April 10, 2003 EBIA Weekly
- DOL Reg. Sec. 2560.502c-5, 68 Fed. Reg. 17503 (April 9, 2003)] [DOL Reg. Sec. 2570.90 to 101, 68 Fed. Reg. 17506 (April 9, 2003)] All multiple employer welfare arrangements (MEWAs), and many entities claiming not to be ...
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- DOL Issues Final Regulations on Collective Bargaining Exception to MEWA Rule
- From the April 10, 2003 EBIA Weekly
- DOL Reg. Secs. 2570.150 to 159, 68 Fed. Reg. 17484 (April 9, 2003)] [DOL News Release (April 7, 2003)] A multiple employer welfare arrangement (MEWA) is an employee welfare benefit plan or arrangement that is established or maintained to ...
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- DOL Makes Technical Amendments to Regulations to Reflect Agency Name Change From PWBA to EBSA
- From the April 03, 2003 EBIA Weekly
- Earlier this year, the name of the agency charged with administering the DOL's responsibilities under ERISA was changed from the Pension and Welfare Benefits Administration (PWBA) to the Employee Benefits Security Administration (EBSA). (See our article at http://www....
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- Labor Department Announces Electronic Access to Form M-1 Reports
- From the March 20, 2003 EBIA Weekly
- To access the M-1 database: http://askebsa.dol.gov/epds/ Multiple employer welfare arrangements (MEWAs) providing health benefits have been required since 1999 to file Form M-1 with the DOL. Form M-1 requires information on the MEWA'...
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- Wouldn't Be Prudent: Fiduciary Duty to Follow Terms of Plan Must Give Way to Prudence Rule
- From the February 27, 2003 EBIA Weekly
- American Heartland Health Administrators, Inc. (AHHA) was in the business of providing medical and health benefits programs to employers. The programs included a prototype plan document, a PPO, utilization review, medical care management services, an administrative services agreement, and a "...
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- IRS Releases 2003 Version of Publication 15-B, Employer's Tax Guide to Fringe Benefits, With Few Changes
- From the February 27, 2003 EBIA Weekly
- The IRS has released the 2003 version of Publication 15-B, which contains information on the employment tax treatment of fringe benefits. Although the substance of this Publication has been altered little for 2003, we highlight a few of the ...
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- DOL Finds Bank Overdraft Protection Services to Be Generally Exempt From Prohibited Transaction Rules
- From the February 20, 2003 EBIA Weekly
- This DOL Advisory Opinion responds to a request from banks that provide custodial or trust services to ERISA plans and that may also serve as investment managers for such plans, or as trustees or investment managers of collective funds in ...
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- DOL Responds to Corporate Fraud Litigation With Proposed Prohibited Transaction Relief for Settlements
- From the February 20, 2003 EBIA Weekly
- The DOL has proposed a prohibited transaction class exemption to facilitate a plan's ability to settle pending or threatened litigation. ERISA prohibits certain specified transactions between a plan and a party-in-interest (e.g., the employer that sponsors ...
