DOL Disability Claims Regulations: Effects on Employee Benefits Plans
Best Practices for Plan Sponsors, SPD Modifications, Required Disclosures, Appeals and ERISA Compliance
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will provide counsel and benefits advisers with a comprehensive overview of the DOL final rule regarding disability claims regulations and new procedures. The panel will discuss the impact of the final rule on employee benefits and nonqualified compensation plans and provide best practices for plan sponsors to avoid compliance pitfalls.
Outline
- Modifications to Section 503 of ERISA impacting disability benefits claims and appeals process
- The impact on health and welfare plans providing disability benefits
- Considerations for pension plans providing early or reduced benefits in the event of disability
- Applicability of new rule to non-qualified compensation plans
- Best practices for plan sponsors to avoid compliance pitfalls
Benefits
The panel will review these and other key issues:
- Identifying areas of concern based on the requirements of the final rule
- Determining the applicability of new requirements to current benefit plans
- Conducting an internal review of claims and appeals processes, plan language, and notices
- Implementing necessary modifications and plan amendments to maintain compliance
- Establishing disability claims procedures in compliance with ERISA Section 503
Faculty
José M. Jara
Partner
CKR Law
Mr. Jara has over 20 years of ERISA and employee benefits experience, ranging from governmental compliance,... | Read More
Mr. Jara has over 20 years of ERISA and employee benefits experience, ranging from governmental compliance, fiduciary liability insurance, to the application of ERISA’s fiduciary standards and prohibited transaction provisions. Mr. Jara has extensive experience resolving issues for corporate plan sponsors and multiemployer plans before the U.S. Department of Labor, where he was formerly a senior pension law specialist and investigator.
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Kathleen C. Slaught
Partner
Seyfarth Shaw
Ms. Slaught concentrates her practice on Employee Benefits & ERISA litigation, representing employers, pension and... | Read More
Ms. Slaught concentrates her practice on Employee Benefits & ERISA litigation, representing employers, pension and welfare plans and ERISA plan administrators in all aspects of litigation arising from disputes over benefits and fiduciary claims. She counsels compensation and benefit committees and Human Resources management regarding fiduciary duties, the administration of benefit plans, new health care laws and deferred compensation legislation. She has handled a wide range of ERISA matters, including individual pension and welfare benefit claims, severance pay claims, executive compensation disputes, class action claims regarding plan design, and class action claims regarding plan administration and fiduciary responsibility.
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