News & Analysis as of

Employee Benefits Registration Requirement

Fisher Phillips

It’s Time for New Jersey Employers to Register for State-Administered Retirement Savings Program

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If your New Jersey business doesn’t sponsor a retirement savings program, it’s time for you to create a system allowing workers to sock away retirement money through automatic payroll deductions. Thanks to the New Jersey...more

Jackson Lewis P.C.

First Things First – Initial Steps for Employers Expanding into the Golden State

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With a state as large and diverse as California, it appeals to businesses. However, the state’s unique employment law requirements can pose challenges to employers new to the state. The following are some action items...more

Verrill

Maine’s Mandatory Retirement Savings Program: What Employers Need to Know

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On October 18, 2023, the Maine Retirement Savings Board adopted a final rule implementing Maine’s state-run retirement savings program, the Maine Retirement Investment Trust or MERIT. MERIT is intended to help employees who...more

Pullman & Comley, LLC

MyCTSavings: August 31, 2023, Deadline for Connecticut Employers Should You Be Concerned?

Pullman & Comley, LLC on

August 31, 2023 is the deadline to register your business for the state-sponsored employee retirement savings program MyCTSavings. If you currently sponsor a retirement plan that complies with the requirements of...more

Fisher Phillips

California Expands State-Run Retirement Program

Fisher Phillips on

California Governor Gavin Newsom recently signed legislation that will expand CalSavers, the state’s IRA-based retirement program, to cover virtually all California employers that do not sponsor their own qualified retirement...more

CDF Labor Law LLP

Reminder: Certain California Employers Without 401(k) Plans Must Register For CalSavers Retirement Program

CDF Labor Law LLP on

As of June 30, 2022, employers with at least five California employees must register for the CalSavers Retirement Program if they do not otherwise offer a 401(k) plan to their employees. The CalSavers Retirement Savings Trust...more

Hogan Lovells

Anti-money laundering and pension trustees: which trust must register with HMRC by 1 September 2022?

Hogan Lovells on

Pension scheme (and other) trustees must register certain trusts with HMRC by 1 September 2022, following the implementation in the UK of the Fifth Money Laundering Directive (5MLD). While the new requirements do not apply to...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

DOL issues PEP Rule

The Department of Labor has finally announced a final rule establishing registration requirements for pooled plan providers under the SECURE Act....more

Conn Kavanaugh

Massachusetts Issues Draft Regulations for Paid Family Medical Leave Act

Conn Kavanaugh on

On January 23, the Department of Family and Medical Leave (“Department”) issued draft regulations expanding upon the Paid Family Medical Leave Act (“Act”), G. L. c. 175M, which was enacted last June. As we previously...more

Fenwick & West LLP

SEC Increases Rule 701 Disclosure Threshold and Issues Concept Release Regarding Modernization of Compensatory Securities...

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Increased 701 Disclosure Threshold - The U.S. Securities and Exchange Commission unanimously voted on July 18 to adopt final amendments to Rule 701, which provides private companies an exemption from registration for...more

Troutman Pepper

Treasury Report Addresses Regulatory Approaches Affecting Investment Companies and Their Advisers

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As required by President Trump’s Executive Order 13772, the U.S. Department of the Treasury issued a report, “A Financial System That Creates Economic Opportunities, Asset Management and Insurance,” addressing the regulatory...more

Orrick, Herrington & Sutcliffe LLP

Senate Passes Increase to Rule 701 Limit

On September 12, 2017, the Senate passed the Encouraging Employee Ownership Act of 2017 (H.R. 1343) which directs the SEC to revise Rule 701 of the Securities Act of 1933 (the "Securities Act") to increase the threshold that...more

Schwabe, Williamson & Wyatt PC

Oregon Launches Retirement Savings Program: Employer Registration Will Be Required

In 2015, Oregon passed legislation creating a state-based retirement savings program that has since been named “OregonSaves.” Implementation of the OregonSaves program was delayed pending the issuance of final rules by the...more

Cadwalader, Wickersham & Taft LLP

Your 401(k) Plan "Brokerage Window" May Require An S-8 Registration

New guidance from the Securities Exchange Commission requires issuers to take a fresh look at their 401(k) plans. On September 22, 2016, the SEC’s Division of Corporation Finance released a Compliance and Disclosure...more

Holland & Knight LLP

Food and Beverage Law Update: August 2016

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When food and beverage companies think of their largest risks, data breaches have not historically come to mind, but this is changing because of reports in the past few months of major breaches by companies such as Noodles &...more

Dentons

An HR Checklist for New Employers: You have Your Ship, and Now You Need Your Crew; How to Get Your 'Ship' Together

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Starting a business is not always simple. Being an employer carries with it a number of obligations and it is important to know the ropes prior to even hiring your first employee. Below is a condensed HR checklist that...more

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