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.
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Featured Benefits News
The latest updates in trends, best practices and compliance
The Department of Labor (DOL) has issued a proposed rule that would amend DOL Regulation Section 2550.404a-1 (29 C.F.R. § 2550.404a-1) to address when retirement plan fiduciaries may consider environmental, social, and governance (ESG) factors in selecting plan investments without violating their fiduciary duties under the Employee Retirement Income Security Act of 1974 (ERISA). The proposed rule also addresses ERISA fiduciary duties as they relate to voting of proxies on securities held in employee benefit plan investment portfolios and exercising other shareholder rights.
Internal Revenue Service (IRS) Notice 2021-57 includes guidance on the funding relief provided to multiemployer pension plans by Sections 9701, 9702, and 9703 of the American Rescue Plan Act of 2021 (ARPA-21).
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