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Key Regulatory Issues

Technical Corrections

Department of Labor Releases Guidance on Qualified Default Investment Alternative Regulations

April 30, 2008

On April 29, 2008, the Department of Labor (DOL) issued technical corrections and guidance to regulations issued last October on qualified default investment alternatives (QDIA) for ERISA plans. The corrections make three changes to the final regulations.

Self-insured health plan premium exclusion for retired public safety employees

January 17, 2007

On Dec. 4, 2007, the IRS issued Notice 2007-99 that confirm the change in interpretation by the IRS regarding the inclusion of self-insured health plans in the public safety officer $3,000 retirement medical exclusion enacted in PPA.