At a minimum, how often should an administrator furnish a statement of total benefits accrued and accrued benefits that are vested under ERISA?

Question

Leonard Newman

Business

27 May, 00:09

At a minimum, how often should an administrator furnish a statement of total benefits accrued and accrued benefits that are vested under ERISA?

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Baird · Answer 1

once in every 12 months

Explanation:

At a minimum, The administrator furnish a statement a total benefits accrued benefits that are vested under ERISA once in every 12 month.

ERISA stands for Employee retirement Income Security Act, 1974. And Under ERISA, Administrator should furnish a statement of total benefits accrued and accrued benefits once in every 12 months