Certain transactions between employee benefit plans and “parties in interest” are prohibited under the Employee Retirement Income Security Act of 1974, as amended (ERISA)…
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/ Finance & Banking, Labor & Employment Law
We have written about the General Assembly’s Labor and Public Employees Committee’s final flurry of activity approving and advancing bills out of committee. …
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/ Administrative Law, Commercial Law & Contracts, Education Law, Labor & Employment Law, Workers' Compensation
We have written about the General Assembly’s Labor and Public Employees Committee’s final flurry of activity approving and advancing bills out of committee…
more
/ Education Law, Finance & Banking, Labor & Employment Law
Prior to its March 25, 2025 deadline, the Connecticut General Assembly’s Labor and Public Employees Committee likely finished up its work for this legislative session and approved a final flurry of bills that would generally…
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/ Civil Rights, Labor & Employment Law, Workers' Compensation
Through a series of sweeping executive orders, the Trump Administration has launched a systematic overhaul of U.S. immigration policy. The Administration’s prioritization of immigration enforcement will likely impact employers…
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/ Administrative Law, Immigration Law, Labor & Employment Law
Many employer-sponsored defined contributions plans, including 401(k) profit sharing plans and money purchase pension plans include a vesting schedule – a period over which a plan participant earns a nonforfeitable right to the…
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/ Labor & Employment Law, Finance & Banking
The Fair Labor Standards Act (FLSA) has been a source of stress for employers since its passage in 1938. It establishes minimum wage, overtime pay, recordkeeping and youth employment standards affecting employees in the private…
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/ Administrative Law, Labor & Employment Law
In November, the U.S. District Court for the Eastern District of Texas blocked the U.S. Department of Labor’s (DOL) final rule discussed below. See Texas v. U.S. Dep’t of Lab., No. 4:24-CV-468-SDJ, 2024 WL 4806268 (E.D. Tex…
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/ Administrative Law, Labor & Employment Law
Statutory definition does not reference municipalities, boards of education or political subdivisions, leaving room for interpretation under Public Act 24-8 Arguably the most significant labor and employment development arising…
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/ Administrative Law, Education Law, Labor & Employment Law
Since 2002, employers have been able to make catch-up salary deferrals to their employees in their 401(k), 403(b), and governmental 457(b) plans beginning in the calendar year in which they turn 50 (the “Age 50 Catch-up”)…
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/ Finance & Banking, Labor & Employment Law, Taxation
The Pension Benefit Guaranty Corporation (PBGC) insures most private sector (i.e., non-governmental) defined benefit pension plans. The Plan Administrator of each pension plan covered under ERISA is required to annually file…
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/ Finance & Banking, Insurance, Labor & Employment Law
A new Connecticut law went into effect this year creating early voting procedures for the first time in Connecticut. The law, Connecticut General Statutes § 9-163aa, provides that before each election, a period of early voting…
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/ Elections & Politics, Labor & Employment Law, Taxation
In our post-COVID world, it is common for employers to hire fully remote employees who work out of state. One of the challenges many employers face in this remote-work world is how to address complicated HR issues such as leaves…
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/ Labor & Employment Law
Effective July 1, 2024, the U.S. Department of Labor’s new overtime rule took effect throughout the country, except in the state of Texas (where due to ongoing litigation, Texas employees that are employed by the state of Texas…
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/ Administrative Law, Labor & Employment Law
Now that the dust has settled on the Federal Trade Commission’s (FTC) April 23 final rule that might eventually prohibit virtually all employee non-compete agreements (with only extremely limited exceptions), where do things…
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/ Administrative Law, Antitrust & Trade Regulation, Commercial Law & Contracts, Labor & Employment Law