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DOL guidance for benefits affected by hurricane

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in Employee Benefits Program,Human Resources

The U.S. Department of Labor has issued compliance guidance for employee benefit plans affected by Hurricane Matthew, which caused massive flooding in the Southeast in October.

The guidance covers benefit plans of employers and employees in counties declared official disaster areas in the wake of the hurricane. It offers considerable leeway on deadlines associated with filing health benefit claims, making COBRA elections and repaying loans taken out against retirement plans.

For details, see tinyurl.com/DOL-hurricane-guidance.

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