McNees’ Benefits Group will be issuing a “Did you know?” series throughout the year providing short compliance reminders.

Did you know that an employer must issue an updated summary plan description (“SPD”) at least every five (5) years that contains all recent amendments? If there were no amendments to the SPD, then the SPD must be reissued every 10 years.

For more information regarding compliance for your benefit plans, contact any member of the McNees Labor and Employment Group.