Vision Payroll

November 24, 2010

Tip of the Week: EBSA Announces Hearing on Reasonable Contracts or Arrangements for Welfare Benefit Plans Under Section 408(b)(2)

Phyllis Borzi, Assistant Secretary of Labor of EBSA
Phyllis Borzi, Assistant Secretary of Labor of EBSA
The Employee Benefits Security Administration (EBSA)has given notice that it will hold a hearing to consider issues relating to the disclosure of fee, conflict of interest and other information by service providers to group health, disability, severance and other employee welfare benefit plans under ยง408(b)(2) of the Employee Retirement Income Security Act (ERISA).

Hearing to Be Held in Washington, DC

The hearing will be held on December 7, 2010, beginning at 9 am, EST, at the US Department of Labor, Room S-4215 (A-C), 200 Constitution Avenue, NW, Washington, DC 20210.

Meeting Agenda Has Been Released

The agenda for the hearing on disclosure of fees and expenses to welfare plan fiduciaries has been released and is available for download from the Vision Payroll website.

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