Compliance January 12, 2002

DoL Extends Comments Period

December 12, 2001 - The US Department of Labor (DoL)'s Pension and Welfare Benefits Administration extended the comments period for a number of class and individual exemptions currently under consideration.
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The Department’s has given a two-week extention (until December 26) to make up for the period between October and November when the DoL’s mailroom was closed as a precautionary measure during the recent anthrax scare.

The affected exemptions are listed in the Department’s Federal Register notice on December 12, including a proposed amendment to an existing class exemption allowing plans to receive interest free loans and extensions of credit from related parties.

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All written comments and/or hearing requests should be sent by regular mail to the address specified in the proposals. Alternatively, interested persons may submit their comments
and/or hearing requests by electronic mail to moffittb@pwba.dol.gov or
by facsimile, (202) 219-0204.

– Camilla Klein            editors@plansponsor.com

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