The Department of Labor’s Employee Benefits Security Administration (EBSA) announced a 90-day delay for the effective date of implementing enhanced standards for plans that make disability determinations. These rules apply to any ERISA plan that makes a disability determination, including short and long term disability plans and retirement plans if such plan makes a disability determination. The enhanced claim standards are applicable to claims for disability benefits that are filed after April 1, 2018, rather than January 1, 2018.
The information contained in this article is provided as general guidance and may be affected by changes in law or regulation. This article is not intended to replace or substitute for accounting or other professional advice. Please consult a CBIZ professional. This information is provided as-is with no warranties of any kind. CBIZ shall not be liable for any damages whatsoever in connection with its use and assumes no obligation to inform the reader of any changes in laws or other factors that could affect the information contained herein.