ERISA bond underwriters have generally avoided the fidelity bonding of multiemployer plans (MEPs) due to perceived risks with collective bargaining agreements and plan management responsibilities. Not to be confused with a “multiple employer” plan, an MEP is a plan for which… Continue Reading →
The Employee Retirement Income Security Act of 1974 (ERISA), enacted on September 2, 1974. ERISA is federal statute which establishes minimum standards for pension plans in private industry and provides for extensive rules on the tax effects of transactions associated with employee benefit plans. ERISA… Continue Reading →
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