There are many more than 10 issues that are of concern to employers in connection with the current crisis. Nevertheless, employers are dealing with certain recurrent matters....more
4/7/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Disaster Aid ,
Distribution Rules ,
Employee Benefits ,
Employer Contributions ,
Employer Group Health Plans ,
Furloughs ,
Health Insurance ,
Layoffs ,
Premiums
Enacted on Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (H.R. 748, the “CARES Act” or the “Act”) is intended to stimulate the U.S. economy in light of the COVID-19 pandemic....more
On August 20, 2019, a three-judge panel of the U.S. Court of Appeals for the Ninth Circuit issued an opinion in Dorman v. Charles Schwab Corp., overturning its 1984 position in Amaro v. Continental Can Co. that lawsuits filed...more
8/26/2019
/ 401k ,
Appeals ,
Arbitration ,
Arbitration Agreements ,
Breach of Duty ,
Carve Out Provisions ,
Charles Schwab ,
Class Action ,
Corporate Counsel ,
Duty of Loyalty ,
Duty of Prudence ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employment Contract ,
Employment Litigation ,
Fiduciary Duty ,
Investment Funds ,
Investment Management ,
Prohibited Transactions ,
Retirement Plan
On June 30, 2016, the U.S. Department of Labor (“DOL”) issued an interim final rule that significantly increases various penalties under the Employee Retirement Income Security Act of 1974 (“ERISA”). The interim rule is the...more
7/11/2016
/ Automatic Enrollment ,
Blackout Rules ,
Children's Health Insurance Program (CHIP) ,
Civil Monetary Penalty ,
Corporate Counsel ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Federal Civil Penalties Inflation Adjustment Act of 1990 ,
Form 5500 ,
Interim Rule ,
MEWAs ,
Retirement Plan
The Department of Labor (DOL) has issued a final rule to re-define who is rendered a "fiduciary" of an employee benefit plan under the Employee Retirement Income Security Act (ERISA) by providing investment advice to a plan...more
The IRS recently added new questions to the 2015 Form 5500/5500-SF annual retirement plan returns. The Form 5500-Series returns are used by retirement plans to report the financial condition, investments, and operations of...more