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RIN: 1210-AB24
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Publication ID: Spring 2008
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Title: Civil Penalties Under ERISA Section 502(c)(4)
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Abstract: This proposed regulation, upon adoption, would implement the civil penalty provision under section 502(c)(4) of the Employee Retirement Income Security Act of 1974 (ERISA) to reflect recent amendments to section 502(c)(4) by the Pension Protection Act of 2006, under which the Secretary of Labor is granted authority to assess civil penalties not to exceed $1000 per day for each violation of section 101(j), (k), or (l), or section 514(e)(3) of ERISA.
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Agency: Department of Labor(DOL)
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Priority: Other Significant
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RIN Status:
Previously published in the Unified Agenda
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Agenda Stage of Rulemaking:
Final Rule Stage
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Major:
No
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Unfunded Mandates:
No
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CFR Citation: 29 CFR 2560.502c-4
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Legal Authority: 29 USC 1132; PL 109-280, sec 103(b), sec 502(a), sec 502(b), sec 902(f), Pension Protection Act of 2006; 29 USC 1135; ERISA sec 505
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Legal Deadline:
None
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Timetable:
Action |
Date |
FR Cite |
NPRM |
12/19/2007 |
72 FR 71842 |
NPRM Comment Period End |
02/19/2008 |
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Final Action |
09/00/2008 |
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Regulatory Flexibility Analysis Required:
No
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Government Levels Affected:
None
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Federalism:
No
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Included in the Regulatory Plan:
No
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RIN Data Printed in the FR:
No
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Agency Contact:
Melissa R. Dennis
Pension Law Specialist
Department of Labor
Employee Benefits Security Administration
Room N5669, 200 Constitution Avenue NW., FP Building, Room N5655,
Washington, DC 20210
Phone:202 693-8500
Fax:202 219-7291
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