ERISACode / StatuteJan 6, 2025related by meaning
(a) (a) Requisite bonding of plan officials Every fiduciary of an employee benefit plan and every person who handles funds or other property of such a plan (hereafter in this section referred to as "plan official") shall be bonded as provided in this section; except that—
PBGCCode / StatuteJan 6, 2017related by meaning
(b)(2)(B)(iii) (iii) the reason for any change in the determination of the employer's liability or schedule of liability payments.
IRCCourt RulingsMay 23, 2011
…ons, as a self-employed individual.5 See H. Rept.
378, 87th Cong., 1st Sess. 89 (1961), 1962-3 C.B. 261, 279-280.
A Petitioner concludes that on the 'basis of the legislative
ERISACode / StatuteJan 6, 2025related by meaning
(a)(11) (11) in the case of a multiemployer plan, by an employee representative, or any employer that has an obligation to contribute to the plan, (A) to enjoin any act or practice which violates subsection (k) of section 1021 of this title (or, in the case of an employer, subsection (l) of such section), or (B) to obt…
91 FR 4348 — Improving Transparency Into Pharmacy Benefit Manager Fee Disclosure ERISAProposed Rules (FR)Proposed Jan 30, 2026
…sor-roadmap-a-pbm-process/.
Back to Citation
262.
See discussion of the exclusive purpose rule in ERISA section 403(c), supra note.
Back to Citation
263.
Advisory Council of Employee Welfare and Pension Benefit Plans,
PBM Compensation and Fee Disclosure,
(November 2014),
https://www.dol.gov/sites/dolgov/files/eb…
86 FR 55980 — Requirements Related to Surprise Billing; Part II IRCFinal Rules (FR)Oct 7, 2021
…ur burden related to the preliminary review by grandfathered and non-grandfathered plans subject to ERISA of the request for external review is estimated to be 4,0655 hours (16,261 * 0.25 hours) with an equivalent cost of $373,303 (4,065 hours * $91.83). The Departments assume that plans have a human resources speciali…
84 FR 28888 — Health Reimbursement Arrangements and Other Account-Based Group Health Plans IRCFinal Rules (FR)Jun 20, 2019
…cipant's purchase or renewal of individual health insurance coverage was not intended to change any ERISA requirements governing the circumstances under
which plans, including HRAs, may reimburse employers, employee organizations and other plan sponsors for certain expenses associated with administration of the plan.
B…
ERISACode / StatuteJan 6, 2025related by meaning
(a)(3) (3) the participant terminates his service with the employer.
IRCRegulationsJan 19, 2024
…l period) and dividing by 12 for an actuarially equivalent monthly benefit commencing at age 65 of $261.21. Thus, in order to satisfy paragraph (d)(7)(ii)(B) of this section, the remaining portion of T's accrued benefit must be at least $1,238.79 per month ($1,500.00−$261.21) payable as a straight life annuity at norma…
76 FR 76222 — Filings Required of Multiple Employer Welfare Arrangements and Certain Other Related Entities ERISAProposed Rules (FR)Proposed Dec 6, 2011related by meaning
dds a cross-reference to section 521 of ERISA and § 2560.521 regarding the Secretary's authority to issue cease and desist and summary seizure orders. B. Proposed Amendment to Regulations Under ERISA Section 104(a)(1), 29 U.S.C. 1024(a)(1)
PBGCPBGC Opinion LettersSep 28, 1994
…lia ble for any i nteres t and penal ties assesse d with re spec t to such prem iums. 2 9 C .F.R. § 261 0.26 (a).
Although
the plan admin ist rat or has the duty of
ensu
ring that p remiu ms are [*4] p aid, the paym ents, alo ng with
penalt ies
and interest, may generally be paid fr om plan assets. n2 The conference co…
ERISADOL Technical ReleasesJun 17, 2026related by meaning
…e whole law, and to its object and policy” in deciding what type of benefit programs are covered by ERISA). ↩ See FAB 2004-01 (April 7, 2004) and FAB 2006-02 (October 27, 2006) which came to similar conclusions regarding employers’ involvement with Health Savings Accounts. ↩
29 C.F.R. 2510.3-2(d)(1)(iii). ↩
See Interpr…
IRCCourt RulingsJul 31, 2000
…d of that year, the
conversion credit balance was $29,286.63 ($14,305.30 + $18,186 -
$4,465.82 + $1,261.15); the $1,261.15 is the interest of 4.5
percent earned on the conversion credit balance (($29,286.63 -
- 44 -
$1,261.15) x 4.5% = $1,261.15)). Of the conversion credit
balance, $13,911.15 could have been transferre…
ERISACode / StatuteJan 24, 2020related by meaning
(c) (c) Individual statement furnished by administrator to participants setting forth information in administrator's Internal Revenue registration statement and notification of forfeitable benefits Each administrator required to register under section 6057 of title 26 shall, before the expiration of the time prescribed…
89 FR 32122 — Retirement Security Rule: Definition of an Investment Advice Fiduciary ERISAFinal Rules (FR)Apr 25, 2024
…29) ≉ $707,142. For insurers: 358 insurers × 73.1% proportion of entities that are small × 1 hour ≉ 261 hours. Applying a labor rate for a legal professional results in: (261 hours × $165.71) ≉ $43,303. Combining the costs for both entity types yields: $707,142 + $43,303 ≉ $750,445. Relationship and Conflict of Interes…
80 FR 34052 — Allocation of Assets in Single-Employer Plans; Benefits Payable in Terminated Single-Employer Plans; Interest Assumptions for Valuing and Paying Benefits PBGCFinal Rules (FR)Jun 15, 2015
part 4022, Rate Set 261 is added to the table to read as follows:
Appendix B to Part 4022—Lump Sum Interest Rates for PBGC Payments
* * * * *
Rate set For plans with a valuation date
Immediate
annuity rate
(percent)
Deferred annuities
(percent)
On or after
Before
i1
i2
i3
n1
n2
* * * * …
ERISAFinal Rules (FR)Feb 24, 2023
…ns)
Aggregate cost under final
(millions)
Aggregate cost change
(millions)
Large Plans
148.8
148.8
$261.2
$261.2
$0.0
Small Plans
705.6
684.8
232.9
227.1
−5.8
DFEs
9.7
9.9
11.4
15.2
3.8
Overall Total
864.1
843.4
505.5
503.4
−2.1
Notes:
Some displayed numbers do not sum up to the totals due to rounding.
87 FR 26806 — Use of Actuarial Tables in Valuing Annuities, Interests for Life or a Term of Years, and Remainder or Reversionary Interests IRCProposed Rules (FR)Proposed May 5, 2022
…61.20
77
64,773.93
4
99,292.72
41
96,595.51
78
62,366.05
5
99,276.45
42
96,416.30
79
59,795.50
6
99,261.55
43
96,220.61
80
57,080.84
7
99,248.33
44
96,005.41
81
54,213.71
8
99,236.50
45
95,768.60
82
51,205.27
9
99,226.09
46
95,509.98
83
48,059.88
10
99,217.03
47
95,229.06
84
44,808.51
11
99,208.80
48
94,923.45
85
41,39…
PBGCCode / StatuteJan 6, 2017related by meaning
(a) (a) In general Any person who is with respect to a single-employer plan a fiduciary, contributing sponsor, member of a contributing sponsor's controlled group, participant, or beneficiary, and is adversely affected by an act or practice of any party (other than the corporation) in violation of any provision of sect…
84 FR 37508 — Definition of “Employer” Under Section 3(5) of ERISA-Association Retirement Plans and Other Multiple-Employer Plans ERISAFinal Rules (FR)Jul 31, 2019related by meaning
…ing Costs The potential for bonding cost savings in MEPs merits separate attention. As noted above, ERISA section 412 and related regulations [109]
generally require every fiduciary of an employee benefit plan and every person who handles funds or other property of such plan to be bonded. ERISA's bonding requirements a…