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Employee Retirement Income Security Act (ERISA) › Involuntary Reduction in Force

Fisher Phillips

An Employer’s 7-Step RIF and Layoff Blueprint for 2023

Fisher Phillips on

An unfortunate result of the current state of economic uncertainty is that many employers have begun to consider reductions-in-force or other layoffs. However, you need to ensure you carry out any RIFs or layoffs correctly if...more

Jackson Lewis P.C.

COVID-19 And Withdrawal Liability

Jackson Lewis P.C. on

The effect of the coronavirus (COVID-19) on businesses and individuals is unprecedented and staggering. Many employers have or soon will be forced to implement some type of COVID-19-related workforce reduction, which can have...more

Proskauer - Employee Benefits & Executive...

No Ongoing Administration, No ERISA Plan

Proskauer - Employee Benefits & Executive... on

Participants in a voluntary separation program filed suit for breach of fiduciary duty under ERISA seeking additional benefits after learning that greater benefits were provided to individuals who did not participate in the...more

Franczek P.C.

PBGC Moratorium on Enforcement of 4062(e) Ends

Franczek P.C. on

The PBGC has announced that it will not continue its moratorium on enforcing ERISA section 4062(e) events. This announcement comes following the changes to section 4062(e) that were made under the Multiemployer Pension Reform...more

King & Spalding

New Plant Shutdown Rules for Defined Benefit Retirement Plans

King & Spalding on

The 2015 omnibus appropriations bill (the "Omnibus Bill"), signed by President Obama on December 16, 2014, made significant changes to the "substantial cessation of operations" rules (also known as the "plant shutdown" rules)...more

McDermott Will & Emery

ERISA Section 4062(e) Significantly Reformed Effective December 16, 2014

McDermott Will & Emery on

On December 16, 2014, President Obama signed into law the Consolidated and Further Continuing Appropriations Act, which contains provisions that significantly reform ERISA Section 4062(e). The new law is meant to ensure that...more

Proskauer Rose LLP

The ERISA Litigation Newsletter - February 2014

Proskauer Rose LLP on

The employee benefits issues to be considered by the U.S. Supreme Court continue to be of great significance to plan sponsors and fiduciaries. This month we review the Court's employee benefit decisions from 2013 and also...more

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