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April 26th Meeting - ERISA

    April 26, 2018




    ERISA, which stands for the Employee Retirement Income Security Act, is a federal law regulating

    employer-sponsored group benefits. Nearly every employer, regardless of their size, is subject to

    ERISA if they offer even one employer-provided group benefit such as health, dental, vision,

    accidental death & dismemberment, disability, or group term life insurance; medical flexible spending

    account or health reimbursement account; wellness and employee assistance program; or any other

    benefit for which the employer contributes to the cost. The only exempt employers are churches and

    government entities.


    Besides requiring certain plan features, the law also mandates detailed reporting requirements, both to

    the Department of Labor and other government agencies and to employees and covered members

    under your policies. While ERISA was first enacted in 1974, recent changes under the Patient

    Protection and Affordable Care Act (PPACA) have added additional requirements and changed

    reporting deadlines.


    Please join us on April 26th to welcome Soniya Khan, Benefits Advisor with the U.S. Department of Labor as she presents this topic for us! See you there!


    Heather Hill

    SEK-SHRM President