DOL issues frequently asked questions on small pension plan audit waiver regulation.

• Position: Regulatory mattes - Department of Labor - Employee Benefits Security Administration - Brief Article

The Department of Labor's Employee Benefits Security Administration recently issued frequently asked questions about the audit waiver requirements under the EBSA's Oct. 2000 Small Pension Plan Security Amendments. EBSA has received a variety of questions on how to determine whether a small plan has met the conditions for the audit waiver under the amended regulations, which imposed additional conditions for small pension plans to be exempt from the annual audit requirement. The Frequently...