29 CFR 4071.3 - Penalty amount.

Regulations last checked for updates: Nov 22, 2024

Title 29 - Labor last revised: Oct 31, 2024

View all text of Part 4071 [§ 4071.1 - § 4071.3]

§ 4071.3 - Penalty amount.

The maximum daily amount of the penalty under section 4071 of ERISA shall be $2,670.

[62 FR 36994, July 10, 1997, as amended at 81 FR 29766, May 13, 2016; 82 FR 8814, Jan. 31, 2017; 83 FR 1556, Jan. 12, 2018; 83 FR 67074, Dec. 28, 2018; 85 FR 2305, Jan. 15, 2020; 86 FR 2542, Jan. 13, 2021; 87 FR 2341, Jan. 14, 2022; 88 FR 1992, Jan. 12, 2023; 89 FR 2133, Jan. 12, 2024]

authority: 28 U.S.C. 2461 note, as amended by sec. 701, Pub. L. 114-74, 129 Stat. 599-601; 29 U.S.C. 1302(b)(3), 1371

source: 62 FR 36994, July 10, 1997, unless otherwise noted.

cite as: 29 CFR 4071.3