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EBSA |
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A plan or applicant is not under investigation merely because the EBSA has contacted the plan, applicant or plan sponsor about a participant complaint, unless the complaint involves a transaction that is the subject of the VFC Program application. EBSA has been pursuing an aggressive enforcement project by investigating the timing of employer payments into benefit plans and vigorously pursuing recoveries of diverted contributions and earnings, Cummings says. The EBSA does not provide a waiver provision and very few, if any, of the twenty-seven participating VWP countries will be able to meet this legislatively mandated deadline. |
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