Guidance for Plans Impacted by Recent Hurricanes

Document Excerpt

WASHINGTON, DC – The U.S. Department of Labor has published employee benefit plan compliance guidance and relief for victims of Hurricanes Florence and Michael.

The Department recognizes that plan fiduciaries, employers, labor organizations, service providers, and participants and beneficiaries may encounter issues complying with the Employee Retirement Income Security Act (ERISA) over the next few months as the consequences of Hurricane Florence and Hurricane Michael unfold.

The guidance generally applies to employee benefit plans, plan sponsors, employers and employees, and service providers to such employers who were located in a county identified now or in the future for individual assistance by the Federal Emergency Management Agency because of Hurricane Florence or Hurricane Michael.

Link
https://www.dol.gov/newsroom/releases/ebsa/ebsa20181026

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