Transcription of F act Sheet - DOL
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F act Sheet - DOL
F UEmFe Tsebe rdiem B O Fact Departmenmployee Beneebruary 2012 The Employee ervice providereneficiaries. Rreasonable anischarge these mployee benefBackground The Emfiducia The agindivid In receprovidcompl Many benefitmore dare com This fiensurewhen s EBSA writtenindustminor Overview of The fininform The finnot app Shent of Labor fits Security AFina Retirement Inrs and plan inResponsible plnd that only obligations isfit plan s servid mployee Benary, reportinggency overseedual account ent years, arraders are compex. of these chants for plans andifficult for mmpensated. inal rule estabe that responsselecting and published ann comments ry representa changes and f Final Regunal rule requmation they neAssess reasoaffiliates, anIdentify potSatisfy reponal rule appliply to simplifeet Administration al RegulaDisclosIncome Securinvestments, tolan fiduciarie reasonable cs obtaining inices, the costs nefits Securityg, and disclosues approximatpla
The first year costs are attributable to reviewing and analyzing the regulation, conducting a compliance review to ensure that service providers comply with the regulation, and preparing and delivering any new disclosures required by the regulation.
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