Finanse publiczne · 04/05/2020

DOL Extends Timeframes for Employee Benefit Plans Affected by COVID-19

The U.S. Department of Labor has announced an extension of certain timeframes under the Employee Retirement Income Security Act and the Internal Revenue Code for group health plans, disability and other welfare plans, pension plans, and participants and beneficiaries of these plans during the COVID-19 National Emergency, as mandated by the Families First Coronavirus Response Act.