DOL ERISA Advisory Opinion 2018-01A on Employee Benefits

The Department of Labor's Employee Benefits Security Administration (EBSA) has issued Advisory Opinion 2018-01A, providing interpretation on the application of the Employee Retirement Income Security Act (ERISA) to employee benefits. The opinion clarifies specific provisions of ERISA relevant to the structure and administration of certain benefit plans, offering guidance on compliance for plan sponsors and administrators.

This advisory opinion serves as non-binding guidance for employers and other entities involved in employee benefit plans. While it does not impose new regulatory requirements, it offers clarity on existing ERISA obligations. Compliance officers should review the opinion to ensure their benefit plan structures and administration align with the interpretations provided by the DOL, particularly concerning the specific issues addressed in the opinion.