By Frank J. Bitzer,Nicholas W. Ferrigno

Organized in a handy Q&A structure to hurry you to the knowledge you would like, 2015 ERISA evidence delivers the most recent assistance on:
• Fiduciary accountability below ERISA
• Health assurance concerns (HIPAA, COBRA, etc.)
• Plan management issues
• Responsibilities with regards to plan investments and fiduciary liability

The 2015 version contains those updates:
• Changes to civil consequences for plan directors who fail to dossier a well timed annual document and alterations to civil consequences assessable through the DOL opposed to plan directors who fail to dossier a well timed annual record and don't perform the DFVCP
• Procedure for submitting a antisocial shape 5500 lower than the DFVCP by way of a plan administrator
• New information about contents of a sound authorization lower than HIPPA requirements
• Changes to take advantage of of HIPPA secure overall healthiness details (PHI) with no consent being required
• Changes to the appliance of the HIPAA safeguard Rule relating to digital Transactions and PHI
• Updated information about prohibited transactions among a plan and a celebration in interest
• Rules affecting prohibited transactions among a plan and a fiduciary
• Developments relating to sanctions and consequences for failing to fulfill detect standards below COBRA
• Recent advancements on the subject of fiduciary liabilities in regards to the statute of boundaries and members skill to dossier suit
• New advancements within the worker merits safety Administration’s priorities and projects
• Changes within the scope of ERISA preemption
• Rules in regards to the distribution of ESOP benefits
• Effect of streamlined submitting and see specifications on the Pension profit warranty company (PGBC)
• Updated ideas relating to “Reportable transactions” for reasons of submitting shape 5500
• Updates to the schedules filed with shape 5500
• Updated fiduciary standards for disclosure in participant-directed person account plans
• Updates to definition of  “protected future health details” below the privateness Rule of HIPPA
• Updated details as to who's entitled to COBRA benefits
• Updated assistance for fiduciaries relating to terminated outlined contribution plans
• Fiduciary responsibility concerning phrases of a plan record which are inconsistent with ERISA
• Fiduciary behavior in the course of a takeover bid or different contests for company control
• Developments concerning the statutory exemption with regards to plan loans to events in interest

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2015 ERISA Facts by Frank J. Bitzer,Nicholas W. Ferrigno


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