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DOL – New Electronic Disclosure Guidance for Pension Plans under ERISA

AssuredPartners

Critical Note for Health & Welfare Plan readers: On Page 32 of 115, the DOL states that these new methods apply to retirement plans only. And, as proposed, do not apply to employee welfare benefit plans. Links: AssuredPartners – Health & Welfare Electronic Disclosure DOL Retirement Plan Proposed Guidance

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Employee Relationships is a Serious Employer Responsibility

HR Digest

The focus on employee welfare started post-World War II when retirement and pension plans appeared as the biggest forms of employer care. Investment in employees can also include external considerations such as aiding them with mental health concerns, child care assistance, insurance assistance, etc.