[10421]
November 10, 1998
VIA FAX
TO: PENSION COMMITTEE No. 78-98
PENSION OPERATIONS ADVISORY COMMITTEE No. 61-98
RE: CONFERENCE CALL ON DOL PROPOSED CLAIMS PROCEDURE
REGULATIONS
______________________________________________________________________________
At the October 22 Pension Committee meeting, we discussed the need to submit a
comment letter to address certain issues arising from the Department of Labor’s proposed
revision of their claims procedure regulations. Concerns expressed by members of the
Committee include the proposal’s expansive definition of "claim" and proposed claims appeals
procedures that may require the additional involvement of traditionally non-discretionary
recordkeepers and TPAs. We would like to discuss these issues and any others that you
identify in order to develop a comment letter. The Department of Labor has extended the comment
deadline to December 9, 1998.
A conference call has been scheduled for Monday,November 16 at 2:00 PM. If you plan
to participate, please respond by fax on the form below.
A copy of the claims procedure proposal was sent to you on September 24, 1998. (See
Institute Memorandum to Pension Committee No. 65-98 and Pension Operations Advisory
Committee No. 47-98). If you would like another copy of the proposed regulations, please
contact Samedi Rahamtalla at (202) 326-5820.
Russell G. Galer
Senior Counsel
ATTENDANCE RESPONSE FORM FOR CONFERENCE CALL ON
DOL Proposed Claims Procedure Regulations
Monday, November 16, 1998 - 2:00 p.m. EST
Please fax this form by Friday, November 13, 1998 to Theresa Brice at 202-326-5841.
Yes, I will participate in the Conference Call regarding DOL Proposed Claims Procedure
Regulations on Monday, November 16, 1998 at 2:00 p.m. EST. To participate in the call, dial 1-
800-523-5415 and ask for the "Claims Procedure" call.
COMMITTEE MEMBER - COMPANY