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EPCRS |
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2006-27 revised some of the EPCRS principles and added several new remedies for common plan qualification failures. Hopefully, the DOL will permit simultaneous filing using a single application and expand this type of coordination between EPCRS in subsequent restatements of the VFC program. THE EPCRS CONSISTS OF THREE DISTINCT PROGRAMS: the self-correction program (SCP), the voluntary correction program with service approval (VCP) and the correction on audit (Audit CAP). |
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