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U.S. Master™ Wage-Hour Guide, 2009 Edition

U.S. Master™ Wage-Hour Guide, 2009 Edition
Presents a first approach to the broad and complex controls under the Fair Labor Standards Act (FLSA), Family and Medical Leave Act (FMLA), and other statutes regulating employee wages and hours.

LABOR & EMPLOYMENT LAW — 03/09/10

EBSA issues final rule on disclosure requirements for multiemployer plans

The Employee Benefits Security Administration has issued final regulations on the obligation of multiemployer plan administrators to disclose actuarial and financial information to participants and others. The final rules reflect the disclosure requirements mandated by the Pension Protection Act of 2006 (PPA) in ERISA Sec. 101(k) and are substantially the same as proposed rules issued in 2007. ERISA, as amended by the PPA, requires administrators of multiemployer pension plans to furnish upon written request certain documents to plan participants, beneficiaries, employee representatives, and employers that have an obligation to contribute to the plan. The final regulations clarify that the plan administrator must furnish copies of the requested documents not later than 30 days after the date the written request is received, but the administrator is not required to furnish the requestor more than one copy of the same document within a 12-month period. The administrator also is permitted to charge the reasonable cost of providing the requested documents. The regulations do not require disclosure of information that a plan administrator reasonably determines to be either "individually identifiable information" with regard to a participant, beneficiary, employee, fiduciary, or contributing employer, or "proprietary information" regarding the plan, any contributing employer, or entity providing services to the plan.

For more information on this and other topics, consult CCH Employment Practices Guide or CCH Labor Relations.

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