Overview of the VFCP
Join us for an informative session on the Voluntary Fiduciary Correction Program with guest speaker Audrey Chan from the U.S. Department of Labor.
The Voluntary Fiduciary Correction Program (VFCP) is a self-correction program sponsored by the DOL and administered in each of its regional offices. The Program encourages voluntary compliance by self-correcting violations of the law. The VFCP also helps plan officials understand the law and may provide excise tax relief under the class exemption for eligible applicants. The Program allows plan officials to identify and fully correct certain transactions such as prohibited purchases, sales and exchanges, improper loans, delinquent participant contributions, and improper plan expenses.
Audrey W. Chan, U.S. Department of Labor
Audrey Chan is the Voluntary Fiduciary Correction Program (VFCP) coordinator for the San Francisco Region of the Employee Benefits Security Administration (EBSA). As the Regional coordinator her responsibilities include creating Program awareness, providing Program guidance and reviewing applications for eligibility and completeness. After 6 years in the Human Resources Office, Ms. Chan joined EBSA in 1999 as a Benefits Advisor, providing technical advice to the public and businesses on a variety of pension and health plan issues related to the Employee Retirement Income Security Act (ERISA). Subsequently, Ms. Chan became an investigator and served as the Employee Contributions Project Baseline project coordinator before her current position as the VFCP coordinator.
FREE PASSES - Chapter Sponsors may use their free member tickets and guest passes for this meeting. Advance registration is required - email names to email@example.com.
REGISTER EARLY to secure your place. The cost is $45 for WP&BC Members, $85 for Non-members, if you register in advance. At the door, the cost is $55 for WP&BC members, $95 for Non-members (space permitting!). No refunds after April 16th, but substitutions are permitted at any time.
CONTINUING EDUCATION - CEUs are available for ASPPA, HRCI, CPAs, Actuaries, Attorneys, and others. The WP&BC San Francisco Chapter is a State Bar of California approved provider.
Easy ways to register: WEBSITE - your credit card number is secure (and you can follow with a check) when you register on-line.
Note: for your security we do not maintain credit card information in the office. To pay by credit card, you must register via the website. Confirmation receipts are generated immediately. NOTE: credit card charges will appear on your statement as "Governing Board," the WPBC Governing Board of Presidents.
Questions? Contact our office at (415) 561-6274 or email firstname.lastname@example.org.
Please feel free to reach out to WP&BC with any questions.
Direct Questions To:
Frank McDonald, MBA, Chapter Administrator
Western Pension and Benefits Council - San Francisco
1540 River Park Drive, Suite 211
Sacramento, CA 95815-4608