In response to a presumed expiration, The U.S. Department of Labor’s Employee Benefits Security Administration (in collaboration with other departments) recently issued updated guidance clarifying and effectively extending various deadlines for filings, notices, elections and other requirements for employer-sponsored health and retirement benefit plans. Separately, the upcoming COVID-19 stimulus bill, passed by the House of Representatives on February 27th, contains a handful of provisions impacting plan sponsors, including generous temporary COBRA subsidies.
Watch our on-demand webinar, Employer response to COVID-19: Benefits plan deadline extensions, COBRA subsidies and other relief, where we break down what the new EBSA/IRS joint notice extending time frames for benefits plans and the COBRA subsidy and other provisions in the upcoming COVID stimulus bill could mean for your organization and your people.
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