Code of Federal Regulations (Last Updated: April 5, 2024) |
Title 29 - Labor |
Subtitle B - Regulations Relating to Labor |
Chapter XXV - Employee Benefits Security Administration, Department of Labor |
SubChapter G - Administration and Enforcement Under the Employee Retirement Income Security Act of 1974 |
Part 2575 - Adjustment of Civil Penalties Under ERISA Title I |
Subpart A - Adjustment of Civil Penalties Under ERISA Title I |
§ 2575.502c-1 - Adjusted civil penalty under section 502(c)(1).
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§ 2575.502c-1 Adjusted civil penalty under section 502(c)(1).
In accordance with the requirements of the 1990 Act, as amended, the maximum amount of the civil monetary penalty established by section 502(c)(1) of the Employee Retirement Income Security Act of 1974, as amended (ERISA), is hereby increased from $100 a day to $110 a day. This adjusted penalty applies only to violations occurring after July 29, 1997.