What Is Happening at Your WEB Chapter
At the national level, WEB sponsors webinars and offers publications and other resources to its members.
Chapters offer networking events for opportunities to meet face-to-face with other benefits professionals and educational events for opportunities to learn more about employee benefit trends, design, compliance and services.
View Our Chapters
Featured Benefits News
The latest updates in trends, best practices and compliance
The Internal Revenue Service (IRS) has issued Notice 2021-48, which provides guidance under the American Rescue Plan Act of 2021 (ARPA-21) provisions that changed certain funding rules for single-employer defined benefit plans. Specifically, Notice 2021-48 addresses Sections 9705 and 9706 of ARPA-21, which provide for an extended amortization period and enhanced stabilization of interest rates
In litigation under the Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA) involving a health plan's coverage denial for a plan dependent's residential treatment care, a district court awarded ERISA statutory penalties of more than $123,000 for the plan's failure to disclose an administrative services agreement (ASA) and criteria used to determine whether to cover treatment for a mental health condition.
The Internal Revenue Service (IRS) issued Revenue Procedure 2021-30 (Rev. Proc. 2021-30), which updates the Employee Plans Compliance Resolution System (EPCRS) by expanding the guidance on recouping overpayments, providing additional time to correct significant failures under the Self-Correction Program (SCP), and replacing anonymous submissions under the Voluntary Correction Program (VCP) with anonymous pre-VCP submission conferences.