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News & Press: UPPO Advocacy Activity

UPPO Offers to Assist Department of Labor

Tuesday, August 28, 2018   (1 Comments)
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During a recent U.S. Chamber of Commerce event focused on retirement, a Department of Labor benefits regulator announced that work is underway to develop guidance for employers who no longer have contact with former employees who remain enrolled in company retirement plans. 

 

Preston Rutledge, assistant secretary of labor for the Labor Department’s Employee Benefits Security Administration, said the EBSA will work with businesses and trade groups to develop best practices regarding employers’ responsibilities to contact plan participants regarding their benefits. 

 

In response to this announcement, UPPO sent a letter to Rutledge, offering its support and assistance. Representing the unclaimed property holder community, UPPO can provide valuable input and perspective to the EBSA as it develops its employer guidance.

Comments...

Rolita Brownlee, Boat America Corporation says...
Posted Thursday, September 6, 2018
Awesome!!

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