Business Services Industry
DOL seeks $1,000-a-day fine for lack of retirement plan disclosures
HR Magazine, Feb, 2008
The U.S. Department of Labor has proposed a regulation that would allow it to assess fines of up to $1,000 a day against retirement plan administrators who fail to disclose certain documents to participants, beneficiaries and others as required by the Pension Protection Act.
COPYRIGHT 2008 Society for Human Resource Management
COPYRIGHT 2008 Gale, Cengage Learning
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