Our SPDs are ERISA & DOL Compliant, Plus They Can Be Used For Your Clients Nationally!
Summary Plan Descriptions (SPDs)
The Employee Retirement Income Security Act (ERISA) guidelines make it mandatory for all businesses with two or more employees to provide their employees with a compliant Summary Plan Description. The MBPA continues to take a leading role in informing and helping our members meet their obligations under ERISA.
The types of benefits covered by Summary Plan Descriptions include: Medical, Long Term Disability (LTD), Short Term Disability (STD), Life and AD&D and freestanding Dental/Vision.
These documents have been reviewed and are certified as being compliant with all applicable laws, including health care reform to date.
How to Complete an SPD for a Client:
• Log into MBPA’s secured Agent Pavilion via our website www.michbusiness.org. Complete the adoption agreement online for an existing member and immediately receive a customized SPD.
• Contact our office and our Client Services Department will work directly with you or your client(s) to help you through the process and assist with your questions. (See back of flyer for our Quick SPD checklist).
– The completed form should be e-mailed in WORD format to info@michbusiness.org for processing.
• Our Client Services Department will send the processed document to you or your client within two business days.
• If your client is NOT a member of MBPA, a $200.00 fee to attain an SPD applies. Contact our Office for more details: 888.277.6464
CLICK HERE for a checklist of information needed to complete an SPD.
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