WASHINGTON, July 29 -- Employee Benefits Security Administration has issued a proposed rule called: Pooled Employer Plans: Big Plans for Small Businesses.
The proposed rule was published in the Federal Register on July 29 by Janet Dhillon, Acting Assistant Secretary, Employee Benefits Security Administration, Department of Labor.
Summary: This document contains limited interpretive guidance to help small employers select high-quality, low-cost "pooled employer plans" or "PEPs." This document also solicits information about prevailing pooled employer plan market practices. The Department will consider the responses as part of a process aimed at developing a potential regulatory safe harbor or safe harbors that comprehensively encourage mar...