In Halbach v. Great-West Life & Annuity, No. 07-3865/07-3867 (CA8 April 13, 2009), the 8th Circuit Court of Appeals recently addressed what constitutes a valid amendment to an employee welfare benefit plan. In 2004, Great-West provided a package of medical coverage to both active employees and former employees who were also receiving long-term disability [...]
Entries Tagged as 'amendments'
8th Circuit Decides Signed Letter to Participants Plus SPD Equals Amendment
April 22nd, 2009 · No Comments
Tags: Litigation · Vesting · amendments
Massive Fines for Failure to Timely Amendment
October 10th, 2008 · 1 Comment
VCP fine for not timely adopting a 401(a)(31)(B) amendment: $375
Audit CAP fine for not timely adopting a 401(a)(31)(B) amendment: $3,000
Audit fine for not timely adopting a 401(a)(31)(B) amendment: $45,000
Timely amending your plan: Priceless
Recently, it seems that the IRS auditors have been running a governmet fundraiser by imposing inordinately large fines for [...]
Tags: IRS · amendments
