DOL Addresses Enforcement of CAA-21 Compensation Disclosure Rules for Brokers and Consultants Under ERISA Section 408(b)(2) | Practical Law
The Department of Labor (DOL) has issued guidance announcing a temporary enforcement policy (and related Q&As) for group health plan service provider disclosures under Section 408(b)(2) of the Employee Retirement Income Security Act of 1974 (ERISA) (Field Assistance Bulletin No. 2021-23). These compensation disclosure rules were enacted as amendments to Section 408(b)(2) under the Consolidated Appropriations Act, 2021 (CAA-21).