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Departments of Labor Issues Final Rule Regarding Extension for Benefit Plans

April 30, 2020

The Departments of Labor and Treasury has issued a final rule that creates an extension of timelines for employees. The final rule, in part, states the below:

All group health plans, disability, and other employee welfare benefit plans, and employee pension benefit plans subject to ERISA or the Code must disregard the period from March 1, 2020, until sixty (60) days after the announced end of the National Emergency (Outbreak Period) or such other date announced by the agencies in a future notice for all plan participants, beneficiaries, qualified beneficiaries, or claimants wherever located in determining the following periods and dates:

ExamplesExample One: Electing COBRA

Example Two: Special Enrollment Period

If you have any questions, please contact Misty Baker at Misty.Baker@benefitmall.com or David Mordo at David.Mordo@benefitmall.com.