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Sieve

Oct 19 2009, 12:35 PM

What ERISA obligation/requirement, if any, is there for a multiemployer plan to provide annual (or other) estimates of withdrawal liability to employers?

Bill Ecklund

Oct 19 2009, 12:56 PM

QUOTE (Sieve @ Oct 19 2009, 12:35 PM)

What ERISA obligation/requirement, if any, is there for a multiemployer plan to provide annual (or other) estimates of withdrawal liability to employers?

ERISA section 101(l)

Sieve

Oct 19 2009, 01:43 PM

Thanks, Bill.

I know that some multiemployer plans provide an annual estimate as a matter of course. How common is such an approach in the grand scheme of MEPs?

Bill Ecklund

Oct 19 2009, 01:56 PM

QUOTE (Sieve @ Oct 19 2009, 01:43 PM)

Thanks, Bill.

I know that some multiemployer plans provide an annual estimate as a matter of course. How common is such an approach in the grand scheme of MEPs?

In my experience, it is not common for a plan to automatically mail out the estimate. For plans with lots of contributing employers, it could be expensive to automatically mail out the estimate.

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