News & Analysis as of

Employee Retirement Income Security Act (ERISA) › Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015

McDermott Will & Emery

Inflation and ERISA Penalties: Hand in Hand for 2022

McDermott Will & Emery on

2022 INFLATION-ADJUSTED PENALTIES ANNOUNCED BY THE DEPARTMENT OF LABOR - The Federal Civil Penalties Inflation Adjustment Act of 2015 directs the US Department of Labor (DOL) to make annual inflation adjustments to...more

Wilson Sonsini Goodrich & Rosati

DOL Significantly Increases Certain ERISA Civil Penalties Effective August 2, 2016

Wilson Sonsini Goodrich & Rosati on

The U.S. Department of Labor (DOL) has significantly increased a number of civil monetary penalty amounts (CMPs) that may be assessed by the DOL's Employee Benefits Security Administration for violations of Title I of the...more

McDermott Will & Emery

DOL Significantly Increases Some Penalties for ERISA Violations

McDermott Will & Emery on

Under the Federal Civil Monetary Penalties Inflation Adjustment Act Improvements Act of 2015 (2015 Inflation Adjustment Act), the US Department of Labor (DOL) increased the penalties for specified violations of the Employee...more

Baker Donelson

The DOL Isn't Done Yet and Non-Compliance is Getting More Expensive Than Ever

Baker Donelson on

Employers around the country are busy trying to keep up with the fast and furious rule-making from the Department of Labor. From OSHA reporting requirements, the persuader and fiduciary rules and the new overtime regulations,...more

Winstead PC

Waves of Guidance and Benefit Plan Developments Worth Watching

Winstead PC on

Notices on Second Round of Privacy and Security Audits are Out, Expat Plans, OON Surgery Center Billing Issues, and New Nondiscrimination Rules for Federal Contractors, New ERISA Civil Monetary Penalties, COBRA Notices and...more

Holland & Knight LLP

Department of Labor Increases Penalties for Certain ERISA Violations

Holland & Knight LLP on

The U.S. Department of Labor (DOL) published on July 1, 2016, an interim final rule adjusting the civil monetary penalties that it can enforce. These adjustments are the result of the Federal Civil Penalties Inflation...more

BCLP

Penalty Amounts Get Adjustment (Upward, of Course)

BCLP on

The Department of Labor (DOL), along with several other federal agencies, recently released adjusted penalty amounts for various violations. The amounts had not been adjusted since 2003, so there was some catching up to do,...more

Balch & Bingham LLP

DOL Adjusts Civil Monetary Penalties Upward

Balch & Bingham LLP on

On June 30, the Department of Labor (“DOL”) published an interim final rule to adjust the civil monetary penalties on employer-sponsored plans. The DOL published the interim final rule in accordance with the Federal Civil...more

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