CBP Benefits Compliance and Regulations 2

Question 1

Which law requires employers with 100 or more employees to provide 60 days advance notice before a plant closing or mass layoff?

Accepted Answer

WARN Act

Answer

ERISA

Answer

FMLA

Answer

ADEA

Question 2

Under the Age Discrimination in Employment Act (ADEA), employees over what age are protected from benefits discrimination?

Accepted Answer

40

Answer

50

Answer

55

Answer

60

Question 3

What is a Special Enrollment Period (SEP) under HIPAA for group health plans?

Accepted Answer

A period triggered by a qualifying life event allowing mid-year enrollment

Answer

Open enrollment for the following plan year

Answer

Annual re-enrollment for FSA elections

Answer

COBRA election period after termination

Question 4

Which compliance obligation requires employers subject to Section 6056 to annually report health coverage information to the IRS and covered individuals?

Accepted Answer

ACA Employer Reporting on Forms 1094-C and 1095-C

Answer

Form 5500 filing

Answer

COBRA election notice

Answer

ERISA Summary Annual Report

Question 5

What does ERISA's claims and appeals regulation require plan administrators to do when a claim is denied?

Accepted Answer

Provide a written explanation of denial and opportunity for full and fair review

Answer

Immediately pay the claim and investigate later

Answer

Refer the claim to the DOL within 30 days

Answer

File a Form 5500 amendment

Question 6

Under USERRA, returning veterans must be reinstated to their employee benefit plans as if they had been continuously employed, within what general principle?

Accepted Answer

Immediate reinstatement without waiting periods or exclusions for service-related conditions

Answer

No reinstatement required — they must re-enroll as new hires

Answer

Reinstatement after a 30-day waiting period

Answer

Reinstatement only if they were employed for at least 2 years before service