The Employee Benefit Security Administration of the Department of Labor published a final rule on the use of electronic media as a default to provide information to pension plans’ “covered individuals.” The rule is an additional safe harbor for use by these pension plans’ administrators to comply with ERISA plans’ disclosure rules.
EBSA final rules on default electronic disclosure for pension plans
ByMilliman Employee Benefits Research Group
14 September 2020
EBSA final rules on default electronic disclosure for pension plans