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Release Date: February 26, 2009
Contact Name: Gloria Della
Phone Number: 202.693.8666
Washington - The U.S. Department of Labor’s
Employee Benefits Security Administration (EBSA) today published
information to help employers, workers and their families understand the
COBRA stimulus provisions under the American Recovery and Reinvestment
Act of 2009.
The Act provides for a 65% reduction in COBRA
premiums for certain individuals eligible for assistance of up to nine
months. For information on the department’s responsibilities relating
to the COBRA provisions, go to www.dol.gov/cobra. Visitors may receive
updates by subscribing to the dedicated web page.
The Internal Revenue also has a web
page with additional information on the subsidy.
U.S. Department of Labor news releases are accessible on the
Department's Newsroom
page. The information in this news release will be made available
in alternate format (large print, Braille, audio tape or
disc) from the COAST office upon request. Please specify which news release when
placing your request at 202.693.7828 or TTY 202.693.7755. The Labor Department is committed to providing America's employers and
employees with easy access to understandable information on how to comply
with its laws and regulations. For more information, please visit the
Department's Compliance
Assistance page.
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