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Retirement Plan Employee Benefits Legislative Agendas

Littler

July is Still the New January! Littler’s Workplace Policy Institute’s Mid-Year Legislative Report

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Hot off the press – here is Littler’s mid-year report!  As federal regulators, states and cities continue to pass new workplace regulations through the calendar year, we summarize each state’s notable labor and employment law...more

Holland & Knight LLP

La Reforma Pensional en Colombia

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En este episodio de "A Lo Legal En Par Minutos", nuestro socio Edwin Cortés habla con Diego Acevedo, socio de derecho laboral, sobre la reforma pensional en Colombia. Dicha reforma ha sido aprobada por el Senado y se debate...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 37 - March 2024

Senate committee meetings continue under the Gold Dome as this report is published on Wednesday. With the Senate’s requirement that bills pass out of committee before the chamber convenes for Legislative Day 38, legislators...more

Faegre Drinker Biddle & Reath LLP

The SECURE Act 2.0: The Most Impactful Provisions (#3–Extension of RMD Start Ages)

The President signed the Consolidated Appropriations Act, which included SECURE Act 2.0, on December 29, 2022. SECURE Act 2.0 has over 90 provisions, some major and some minor; some mandatory and some optional; some...more

Schwabe, Williamson & Wyatt PC

HB 1732 and 1733: Washington’s Long-Term Care Act

The Washington Legislature and Governor Inslee moved quickly the last week of January to pass and sign House Bills 1732 and 1733, which revised the controversial Long Term Care Act that would have gone into effect January 1,...more

Fisher Phillips

Top 10 Workplace Law Predictions for 2022

Fisher Phillips on

Workplace law has changed dramatically over the past two years of the pandemic. Unfortunately, 2022 (or is it “2020 too”?) is shaping up to be another year full of new rules and regulations within this volatile area of law....more

Cadwalader, Wickersham & Taft LLP

Wyden Wants to Limit “Mega-IRAs”

In late July, Senate Finance Committee Chair Ron Wyden and House Ways & Means Committee Chair Richard E. Neal released new data about the increased use of “mega-IRAs” over the last decade. ...more

Faegre Drinker Biddle & Reath LLP

PBGC Issues Interim Regulations on Special Financial Assistance for Multiemployer Pension Plans

Multiemployer pension plans are collectively bargained defined-benefit employee benefit plans that are funded by several unrelated employers for the benefit of unionized employees. In recent years, the crisis of significantly...more

Groom Law Group, Chartered

[Webinar] SECURE 2.0: An Overview and Prospects for Retirement Legislation in 2021 - May 11th, 2:00 pm - 2:30 pm EST

The House Ways and Means Committee has just approved the bipartisan Securing a Strong Retirement Act, often referred to as SECURE 2.0. Groom’s policy team will be hosting a brief discussion of the bill as well as the...more

Hogan Lovells

Increasing normal minimum pension age to 57: consultation

Hogan Lovells on

HM Treasury and HMRC are consulting on the implementation of the increase to normal minimum pension age (NMPA) from 55 to 57 from 2028.  The consultation chiefly addresses how individuals with a right to early retirement...more

Polsinelli

American Rescue Plan Brings $86 Billion in Relief to Failing Multiemployer Pension Plans

Polsinelli on

The American Rescue Plan that was sent to President Biden’s desk on March 11, 2021 includes an $86 Billion aid package that provides financial assistance to underfunded multiemployer pension plans facing critical or declining...more

Littler

Congress Considers New Multiemployer Pension Reform

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Without congressional intervention, about 100 multiemployer pension plans are expected to become insolvent in the next 20 years, and some much sooner.  In other words, for these pension plans, their liabilities to retired...more

Littler

The Emergency Pension Plan Relief Act Proposes a Bailout of Struggling Multiemployer Pension Plans

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House Education and Labor Chairman Bobby Scott (D-VA) recently introduced legislation that seeks to rescue multiemployer pension plans (MEPs) facing insolvency. Entitled the Emergency Pension Plan Relief Act (EPPRA), the bill...more

Morgan Lewis - ML Benefits

Outlook for Multiemployer Pension Plan Reform in 2021

The ongoing effort to provide relief for troubled multiemployer pension plans took many twists and turns in 2020, and the year ended once again without an agreed-upon solution. Looking forward to 2021, the incoming Biden...more

A&O Shearman

Pensions: What's new this week - November 2020

A&O Shearman on

The Coronavirus Job Retention Scheme (CJRS) has been extended until March 2021 (meaning the Job Support Scheme did not begin on 1 November) – the government had earlier announced that the CJRS would be extended by a month,...more

McDermott Will & Emery

Policy Outlook: How The 2020 Election Outcomes Will Impact Your Business - Health Policy

McDermott Will & Emery on

In this session, health law policy authorities discussed changes likely in 2021 in a Biden Administration and how these changes will impact business objectives and strategies for health industry stakeholders...more

McDermott Will & Emery

[Webinar] Policy Outlook: How The 2020 Election Outcomes Will Impact Your Business - November 5th, 12:00 pm - 2:15 pm EST

McDermott Will & Emery on

Are you prepared for the critical impacts of the US election outcome to you and your business in 2021 and beyond? Join McDermott’s lawyers and our policy and lobbying team for perspective on the effects of administration...more

Groom Law Group, Chartered

The HEROES Act: Key Retirement, Health and Welfare, and Tax Provisions

The House of Representatives recently passed a fourth round of legislation in response to the COVID-19 pandemic. The bill – called the Health and Economic Recovery Omnibus Emergency Solutions Act (the “HEROES Act” or the...more

Seyfarth Shaw LLP

House Expected to Pass Massive COVID-19 Relief Bill on Friday

Seyfarth Shaw LLP on

On Tuesday, May 12, 2020, House speaker Nancy Pelosi unveiled a 1,815 page, $3 trillion COVID-19 relief bill that would touch on almost every area of the economy and impose new obligations on employers. Some areas are,...more

Stinson LLP

Multiemployer Pension Reform Likely on the Table in Phase 4 Coronavirus Bill

Stinson LLP on

Since the coronavirus (COVID-19) first emerged as a serious health emergency, Congress has moved quickly to pass three major pieces of legislation designed to address the public economic and health crises caused by the...more

Groom Law Group, Chartered

Proposed Major Revisions to the UK Pension Law Introduced

As reported previously, in March of 2018, the UK Department of Work and Pensions issued a white paper calling for significant toughening of the fiduciary duties around pensions.  This was in response to the collapse of a...more

Downs Rachlin Martin PLLC

Vermont Legislative Update 02-14-2020 - An analysis from DRM's Government & Public Affairs Team

Divided House committee approves Act 250 compromise - After more than a year of work, the House Natural Resources Committee voted 6-3 to approve sweeping changes to Vermont’s landmark land-use law, including a provision...more

Hogan Lovells

New offences, penalties and powers for the Pensions Regulator: what employers and trustees should know

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As expected, following the general election the new government has reintroduced the Pension Schemes Bill and is taking forward changes consulted on in 2018. The Bill will significantly increase the Pension Regulator's powers...more

Hogan Lovells

Rocking the boat – Pension Schemes Bill proposals may risk destabilising future restructurings

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The Pension Schemes Bill [HL] 2019-20 (Bill) was re-introduced before Parliament on 7 January 2020. Among its proposed amendments to the Pensions Act 2004 (Act) are new criminal  offences for failing to comply with a...more

Ballard Spahr LLP

Increased Regulations for Employers, Among Philadelphia City Council’s Agenda

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In advance of their first official meeting of 2020, members of Philadelphia City Council outlined their legislative priorities, and several say they intend to introduce legislation to increase protections for employees....more

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