The Employee Retirement Income Security Act (ERISA) lays out the definition and responsibilities of fiduciaries. Individuals who oversee employee benefit plans need to understand these requirements. In this 75-minute intermediate level webinar we will cover:

• How a person becomes a fiduciary
• The duties of a fiduciary (selecting and monitoring service providers, making sure contributions are made on time, providing required disclosures to plan participants, etc.)
• The importance of creating and following procedures
• The critical need to read and follow the plan
• Potential consequences of mismanaging fiduciary responsibilities
• Ways to manage fiduciary duties and risks
• Recent developments with fiduciary obligations

The webinar will focus on group health plan issues, but will also touch upon some of the additional issues that fiduciaries of retirement plans need to consider. As Department of Labor audits of benefit plans become more commonplace, this is a must-see webinar for anyone tasked with overseeing employee benefits.

PRESENTER

Randall M. Limbeck, Shareholder, Jackson Lewis P.C.