Electronic Delivery Of Summary Plan Descriptions

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E-Delivery Of Summary Plan Descriptions - IPS Advisors

    http://www.ipsadvisors.com/news/35/e-delivery-of-summary-plan-descriptions
    Apr 10, 2015 · E-Delivery Of Summary Plan Descriptions April 10, 2015 ... An ERISA plan administrator should implement a policy under which a written or electronic notice is delivered to plan participants each time a SPD is updated on the plan sponsor's website. The notice should (i) provide direction to the website, (ii) explain the significance of the SPD ...

Plan Information U.S. Department of Labor

    https://www.dol.gov/general/topic/health-plans/planinformation
    The plan administrator is legally obligated to provide to participants, free of charge, the SPD. The summary plan description is an important document that tells participants what the plan provides and how it operates. It provides information on when an employee can begin to participate in the plan and how to file a claim for benefits.

Viewpoint: Time to Revisit the Electronic ... - SHRM Online

    https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/revisit-spd-distribution-rules.aspx
    For most employers, creating and distributing summary plan descriptions (SPDs) for each health plan option is viewed as a necessary evil. Complicating matters are the current Department of Labor ...Author: Kim Buckey

Proposed Regulations for Electronic Delivery of Retirement ...

    https://www.seyfarth.com/news-insights/proposed-regulations-for-electronic-delivery-of-retirement-plan-disclosures-the-dol-modernizes-the-disclosure-rules.html
    The new safe harbor also does not currently apply to employee welfare benefit plans. The DOL may consult with the Treasury Department and the Department of Health and Human Services (HHS) in the future on possible new electronic delivery safe harbors for group health plan disclosures.

A GUIDE TO ELECTRONIC DELIVERY OF PARTICIPANT …

    http://kbpensionservices.com/files/9513/7347/0030/A_Guide_to_Electronic_Delivery_of_Participant_Disclosure_Materials.pdf
    A GUIDE TO ELECTRONIC DELIVERY OF PARTICIPANT DISCLOSURE MATERIALS . The U.S. Department of Labor (DOL) and the Internal Revenue Service (IRS) issued a series of rules and interpretations around using e-mail and other electronic disclosure methods. This guide is intended to:File Size: 81KB

SPD Delivery Requirements - ErisaPros

    https://erisapros.com/faqs/spd-delivery-requirements/
    SPD DELIVERY REQUIREMENTS The plan administrator/employer is responsible for preparing the SPD and affirmatively delivering it to certain persons, e.g.: covered employees terminated COBRA participants parents or guardians of children covered under a qualified medical

What are the requirements for a Summary Plan Description ...

    https://help.zenefits.com/Employees/Employee_Administration/Mandatory_Employee_Rights_Notices/What_are_ERISA_notices%3F/00-What_are_the_requirements_for_a_Summary_Plan_Description_(SPD)%3F/
    The summary plan description, or SPD, provides participants and beneficiaries with information on the coverage and operation of the plan, including key participation dates, how service and benefits are calculated, when benefits go effective, and how to file claims.. The administrator is legally required to send the SPD, free of charge, to all group health plan participants within 90 days after ...

ERISA Compliance: How to Electronically Distribute ERISA ...

    https://www.psafinancial.com/2017/03/electronically-distribute-erisa-required-documents/
    Mar 01, 2017 · However, electronic distribution must be accomplished in a manner that complies with Department of Labor (DOL) requirements and results in actual receipt by plan participants. Documents that should be distributed to remain ERISA compliant include: Summary Plan Descriptions and Summary of Material Modification; Summary Annual Report;

Electronic Disclosure of ERISA Plan Communications ...

    https://news.leavitt.com/employee-benefits-compliance/electronic-disclosure-of-erisa-plan-communications/
    Dec 06, 2012 · The DOL’s electronic disclosure rules apply to all types of ERISA-required communications from the plan, including open enrollment materials, Summary Plan Descriptions (SPDs), Summaries of Material Modifications (SMMs), Summary Annual Reports (SARs), QMCSO notices, COBRA notices, HIPAA certificates of creditable coverage, and also 401(k) plan ...

When Can Employers Use Electronic Delivery of Benefit Plan ...

    http://www.ebcflex.com/Menu/Resources/ComplianceBuzz/tabid/1140/ArticleID/377/When-Can-Employers-Use-Electronic-Delivery-of-Benefit-Plan-Documents.aspx
    Sep 21, 2016 · The Bottom Line: Failure to follow the DOL electronic distribution rules can result in employer penalties. Employers who want to distribute benefit plan information electronically to plan participants can do so but should carefully review and follow the DOL safe harbor rules for electronic delivery described above.

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