DOL Clarifies Pension Obligations for Returning Military Members

The U.S. Department of Labor (DOL) released a fact sheet addressing employers’ responsibilities toward reemployed veterans who participate in an employer’s retirement plan. The fact sheet serves as reminder that if employees participated in a contributory plan with both employer and employee contributions before their deployment, then their employer must treat time deployed as time worked, when they return to their jobs.
Source: New feed 2