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

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 Asked Questions on the Small Pension Plan Audit Waiver Regulation are found on the DOL Web site at www.dol.gov/ebsa/faqs/faq_auditwaiver.html. Questions concerning this guidance may be directed to the EFAST Help Line at 866/463-3278. The EFAST Help Line is available Monday through Friday from 8:00 a.m. to 8:00 p.m., ET.