29 C.F.R. § 2575.209b-1   Adjusted civil penalty under section 209(b).


Title 29 - Labor


Title 29: Labor
PART 2575—ADJUSTMENT OF CIVIL PENALTIES UNDER ERISA TITLE I
Subpart A—Adjustment of Civil Penalties Under ERISA Title I

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§ 2575.209b-1   Adjusted civil penalty under section 209(b).

In accordance with the requirements of the 1990 Act, as amended, the amount of the civil monetary penalty established by section 209(b) of the Employee Retirement Income Security Act of 1974, as amended (ERISA), is hereby increased from $10 for each employee to $11 for each employee. This adjusted penalty applies only to violations occurring after July 29, 1997.

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