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This compliance alert is brought to you courtesy of The Partners Group and member company, Kerr-Cruickshank, Inc. We are a multi-specialty insurance and consulting
firm that offers creative employee benefits solutions to our customers. As a valued client or associate, we feel this compliance update provides valuable information to you.
The Partners Group strives to ensure the accuracy and completeness of these alerts, the publisher, authors, editors, and contributors of the contents are not responsible for any errors or omissions, or for the failure to report a change in
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To Our Valued Clients
The American Recovery and Reinvestment Act of 2009 (ARRA) is a new piece of legislation signed into law and is affecting us all.
Attached is our Legislative Brief which outlines the new provisions and provides some immediate steps that you can take. We will continue to be actively involved in following this as it progresses and want to be a resource to help in the
processes moving forward.,
The American Recovery And Reinvestment Act of 2009
On February 17, 2009, President Obama signed into law H.R. 1, the American Recovery and Reinvestment Act of 2009 (ARRA). Among many other provisions designed to encourage economic recovery, Title III of ARRA expands the federal
Consolidated Omnibus Budget Reconciliation Act (COBRA) Continuation Coverage to provide a 65 percent federal subsidy toward an eligible worker's COBRA premium for up to 9 months. The provisions in ARRA providing this subsidy are effective
as of the date of the President's signing. A brief summary of the newly enacted COBRA subsidy follows.
TPG COBRA Subsidy Briefing to Clients.pdf
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