TITLE

GAO Seeks Clarity on Electronic Disclosure Rules

AUTHOR(S)
Manganaro, John
PUB. DATE
November 2013
SOURCE
Plan Advisor News;2013, p91
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. Government Accountability Office (GAO) has requested the U.S. Treasury and the Department of Labor (DOL) to reorganize the rules on electronic disclosure seeking to improve clarity on retirement plans. It states that electronic delivery could reduce costs and offer more effective digital tracking of disclosures. However, GAO confirmed that electronic delivery requirements lacks consistency and clarity that may not sufficiently protect participants rights.
ACCESSION #
92744467

 

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