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29 U.S.C. § 1027 — Retention of records

Federal law — U.S. Code and appendices · legal_authorities

29 U.S.C. § 1027 — Retention of records

Every person subject to a requirement to file any report (including the documents described in subparagraphs (E) through (I) of [section 1021(k) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1021/k&num=0&edition=prelim)) or to certify any information therefor under this subchapter or who would be subject to such a requirement but for an exemption or simplified reporting requirement under section 1024(a)(2) or (3) of this title shall maintain a copy of such report and records on the matters of which disclosure is required which will provide in sufficient detail the necessary basic information and data from which the documents thus required may be verified, explained, or clarified, and checked for accuracy and completeness, and shall include vouchers, worksheets, receipts, and applicable resolutions, and shall keep such records available for examination for a period of not less than six years after the filing date of the documents based on the information which they contain, or six years after the date on which such documents would have been filed but for an exemption or simplified reporting requirement under section 1024(a)(2) or (3) of this title.

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Stable record: federal_law:legal_authorities:record_usc_4d86da55013c559d3e33c713
Source file: Laws/federal/codes/united-states-code/title-29/section-1027-retention-of-records--41b27d008b.md
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Passage SHA-256: 920d95ed218ab288830c05a94cad4732449ac80b79acbb94f55607cd7a299933

Source location: Title 29, Chapter 18, § 1027; chapter-018-employee-retirement-income-security-program.md

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Every person subject to a requirement to file any report (including the documents described in subparagraphs (E) through (I) of [section 1021(k) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1021/k&num=0&edition=prelim)) or to certify any information therefor under this subchapter or who would be subject to such a requirement but for an exemption or simplified reporting requirement under section 1024(a)(2) or (3) of this title shall maintain a copy of such report and records on the matters of which disclosure is required which will provide in sufficient detail the necessary basic information and data from which the documents thus required may be verified, explained, or clarified, and checked for accuracy and completeness, and shall include vouchers, worksheets, receipts, and applicable resolutions, and shall keep such records available for examination for a period of not less than six years after the filing date of the documents based on the information which they contain, or six years after the date on which such documents would have been filed but for an exemption or simplified reporting requirement under section 1024(a)(2) or (3) of this title.

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Federal law — U.S. Code and appendices · legal_authorities

29 U.S.C. § 1021 — Duty of disclosure and reporting

**(a) Summary plan description and information to be furnished to participants and beneficiaries** The administrator of each employee benefit plan shall cause to be furnished in accordance with [section 1024(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1024/b&num=0&edition=prelim) to each participant covered under the plan and to each beneficiary who is receiving benefits under the plan— (1) a summary plan description described in section 1022(a)(1) 11 See References in Text note below. of this title; and (2) the information described in subsection (f) and sections 1024(b)(3) and 1025(a) and (c) of this title. **(b) Reports to be filed with Secretary of Labor** The administrator shall, in accordance with [section 1024(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1024/a&num=0&edition=prelim), file with the Secretary— (1) the annual report containing the information required by [section 1023 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1023&num=0&edition=prelim); and (2) terminal and supplementary reports as required by subsection (c) of this section. **(c) Terminal and supplementary reports** (1) Each administrator of an employee pension benefit plan which is winding up its affairs (without regard to the number of participants remaining in the plan) shall, in accordance with regulations prescribed by the Secretary, file such terminal reports as the Secretary may consider necessary. A copy of such report shall also be filed with the Pension Benefit Guaranty Corporation. (2) The Secretary may require terminal reports to be filed with regard to any employee welfare benefit plan which is winding up its affairs in accordance w

Source: Supplied U.S. Code snapshot — release unconfirmed · 29 U.S.C. § 1021

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Federal law — U.S. Code and appendices · legal_authorities

29 U.S.C. § 301 to 309 — Repealed. Pub. L. 93–406, title I, § 111(a)(1), Sept. 2, 1974, 88 Stat. 851

### Statutory Notes Section 301, Pub. L. 85–836, § 2, Aug. 28, 1958, 72 Stat. 997, set forth Congressional findings and policy with respect to welfare and pension plan disclosure. See [section 1001 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1001&num=0&edition=prelim). Section 302, Pub. L. 85–836, § 3, Aug. 28, 1958, 72 Stat. 997; Pub. L. 86–624, § 21(d), July 12, 1960, 74 Stat. 417; Pub. L. 87–420, §§ 2–5, Mar. 20, 1962, 76 Stat. 35, provided definitions for this chapter. See [section 1002 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1002&num=0&edition=prelim). Section 303, Pub. L. 85–836, § 4, Aug. 28, 1958, 72 Stat. 998; Pub. L. 87–420, § 6, Mar. 20, 1962, 76 Stat. 35, related to plans covered within chapter. See [section 1003 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1003&num=0&edition=prelim). Section 304, Pub. L. 85–836, § 5, Aug. 28, 1958, 72 Stat. 998; Pub. L. 87–420, § 7, Mar. 20, 1962, 76 Stat. 36, related to duties of administrator and definition of “administrator”. See sections 1002(16)(A) and 1021 of this title. Section 305, Pub. L. 85–836, § 6, Aug. 28, 1958, 72 Stat. 999; Pub. L. 87–420, § 8, Mar. 20, 1962, 76 Stat. 36, related to time for publication and contents of plan. See [section 1022 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1022&num=0&edition=prelim). Section 306, Pub. L. 85–836, § 7, Aug. 28, 1958, 72 Stat. 1000; Pub. L. 87–420, §§ 9–13, Mar. 20, 1962, 76 Stat. 36, 37, related to time for publication, contents, etc., of annual reports. See [section 1023 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title29-section1023&num=0

Source: Supplied U.S. Code snapshot — release unconfirmed · 29 U.S.C. § 301 to 309

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Federal law — U.S. Code and appendices · legal_authorities

29 U.S.C. § 1027 — Retention of records

Page 400 TITLE 29—LABOR § 1027 other documents filed with the Secretary pursu- ant to this part shall be public information and the Secretary shall make any such information and data available for inspection in the public document room of the Department of Labor. The Secretary may use the information and data for statistical and research purposes, and compile and publish such studies, analyses, reports, and surveys based thereon as he may deem appro- priate. (b) Information described in sections 1025(a) and 1025(c) of this title with respect to a partici- pant may be disclosed only to the extent that information respecting that participant’s bene- fits under title II of the Social Security Act [42 U.S.C. 401 et seq.] may be disclosed under such Act. (Pub. L. 93–406, title I, § 106, Sept. 2, 1974, 88 Stat. 850; Pub. L. 101–239, title VII, § 7894(b)(6), Dec. 19, 1989, 103 Stat. 2448; Pub. L. 105–34, title XV, § 1503(d)(4), Aug. 5, 1997, 111 Stat. 1062.) Editorial Notes REFERENCES IN TEXT The Social Security Act, referred to in subsec. (b), is act Aug. 14, 1935, ch. 531, 49 Stat. 620. Title II of the So- cial Security Act is classified generally to subchapter II (§ 401 et seq.) of chapter 7 of Title 42, The Public Health and Welfare. For complete classification of this Act to the Code, see section 1305 of Title 42 and Tables. AMENDMENTS 1997—Subsec. (a). Pub. L. 105–34 struck out ‘‘descrip- tions,’’ before ‘‘annual reports,’’. 1989—Subsec. (b). Pub. L. 101–239 substituted ‘‘sec- tions’’ for ‘‘section’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 1989 AMENDMENT Amendment by Pub. L. 101–239 effective, except as otherwise provided, as if originally included in the pro- vision of the Employee Retirement Income Security Act of 1974,

Source: Supplied 2024 U.S. Code historical extraction · 29 U.S.C. § 1027

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