News & Analysis as of

Exemptions Retirement

Nelson Mullins Riley & Scarborough LLP

Federal Court Finds Pension Plan “Established” by Hospital Authority is Exempt from ERISA

The case involves a dispute over the sponsorship and funding obligations for a pension plan formed by a Hospital Authority in Georgia. Our...more

Parker Poe Adams & Bernstein LLP

"Forced Retirement" and Employers' Obligations Under ADEA

​​​​​​​The Age Discrimination in Employment Act (ADEA) prohibits employers from discriminating against or discharging any individual because of such person’s age. There is, however, a narrow exemption to this prohibition for...more

Faegre Drinker Biddle & Reath LLP

Compliance with PTE 2020-02: Mitigating Conflicts of Interest

The DOL’s prohibited transaction exemption (PTE) 2020-02 (Improving Investment Advice for Workers & Retirees), allows broker-dealers and their registered representatives (advisors) to receive conflicted compensation resulting...more

Hogan Lovells

Employee's objection period only two weeks against an industry-wide pension fund exemption decision

Hogan Lovells on

Dutch labor law provides (in Article 7: 686a of the Dutch Civil Code) for relatively short (expiry) periods for submitting a petition by an employee. ...more

Carlton Fields

Department of Labor Rule Paves the Way for State-Run Retirement Plans

Carlton Fields on

On August 24, the United States Department of Labor (DOL) announced a final rule governing the exemption of state-run retirement plans from the Employee Retirement Income Security Act (ERISA). Over 30 states have either...more

Baker Donelson

Maryland Enacts Mandatory Private-Sector Retirement Program That Impacts Most Maryland Employers

Baker Donelson on

Maryland joins California, Connecticut, Illinois, and Oregon in leading state initiatives to set up state-sponsored retirement plans for employees. The Maryland Small Business Retirement Savings Program and Trust (“the...more

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