News & Analysis as of

Retirement Employer Liability Issues

Groom Law Group, Chartered

This Week From the Hill (June 9 – 15, 2024)

Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing,...more

Carlton Fields

Auto-Portability Providers Racing to Close Retirement Plan Gap

Carlton Fields on

For decades, both the federal and state governments have been working to tackle the coverage gaps in our retirement system. In the race for retirement readiness, dark horses like state plans with mandatory adoption...more

Amundsen Davis LLC

Three (3) Major L&E Developments Today --- Impacting Virtually All Employers Throughout the U.S.

Amundsen Davis LLC on

1. Higher Salary Overtime pay salaryThreshold for OT Exempt Employees… The annualized salary level for anyone classified as exempt from OT pursuant to the FLSA’s white-collar exemptions (executive, administrative,...more

Faegre Drinker Biddle & Reath LLP

DOL Finalizes Changes to the Qualified Professional Asset Manager (QPAM) Exemption: What Investment Managers Need to Know

On April 3, 2024, the U.S. Department of Labor (DOL) published an updated final version of prohibited transaction class exemption 84-14, also known as the qualified professional asset manager exemption (PTCE 84-14 or the QPAM...more

Ius Laboris

The Ageing Workforce

Ius Laboris on

In the context of a rapidly changing world of work, one of the most prominent and pervasive trends is the ageing of the working population, which is dramatic in many parts of the world....more

Bradley Arant Boult Cummings LLP

Are They Qualified? 11th Circuit Further Defines ADA Category

Does the fact that an individual is disabled automatically make him a “qualified individual with a disability” under Title I of the ADA? In Stanley v. City of Sanford, Florida, the Eleventh Circuit said no....more

McDermott Will & Emery

Just Catching Up? For SECURE 2.0’s Catch-Up Contributions, Age Is More Than Just a Number

McDermott Will & Emery on

In this series of articles, we explore the implications of SECURE 2.0’s changes to catch-up contributions and how employers should respond. Nearly all employers offer eligible participants the opportunity to make...more

Verrill

New Options for Retirement Plan Distributions Under SECURE 2.0

Verrill on

This post summarizes the new distribution options, including penalty-free withdrawals, applicable to defined contribution plans under the SECURE 2.0 Act of 2022 (“SECURE 2.0”) and provides a timeline of their effective dates....more

Pullman & Comley - Labor, Employment and...

Getting to Work: Latest Employment & Labor Developments from the Connecticut General Assembly (January 31st Public Hearing)

On January 4, 2023, the 2023 session of the Connecticut General Assembly began. The session is scheduled to adjourn on June 7, 2023.  Numerous proposed bills affecting Connecticut employers and employees will be unleashed...more

Bradley Arant Boult Cummings LLP

Don’t Overlook These 5 Benefits Issues Facing Higher Education Institutions

All employers are faced with challenges and compliance risks associated with providing benefits to their employees. However, these risks and challenges can vary greatly by industry. Employers (and their advisors) who...more

FordHarrison

EntertainHR: Top 10 Most-Viewed Posts of 2022

FordHarrison on

As 2022 winds down, our EntertainHR blog approaches its eight-year anniversary next month. As we’ve adapted to the new world of work—be it remote, hybrid, or in person—HR pros gain new perspectives on what not to do in the...more

Skadden, Arps, Slate, Meagher & Flom LLP

Reductions in Force: Legal Do’s and Don’ts

Reductions in force (RIFs) are making headlines as companies trim their worker ranks in the face of a weakening economy. Employers must decide whether to implement voluntary or involuntary RIFs (or both); the considerations...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

Verrill

Amending Your Retirement Plans this Year for SECURE Act and CARES Act Changes

Verrill on

Last month, the IRS extended the deadline for retirement plan sponsors to adopt amendments necessary to comply with the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”) and the Bipartisan...more

Cooley LLP

Employers With 5 to 50 California Employees Must Register in CalSavers Retirement Program by June 30

Cooley LLP on

California law requires small employers with 5 to 50 California-based employees to offer a retirement savings program or enroll as a participating employer in the CalSavers Retirement Savings Program by June 30, 2022. The...more

Parker Poe Adams & Bernstein LLP

Discussion of Employee's Impending Retirement Not Evidence of Age Discrimination

It’s never a good idea for an employer to ask an employee who is subject to potential termination about their retirement plans. However, what happens if the employee raises their retirement plans in the context of a...more

FordHarrison

How to Have a Smooth Separation of Employment—Unlike Tom Brady

FordHarrison on

On February 1, 2022, Tampa Bay Buccaneers quarterback Tom Brady officially announced his retirement via Instagram. The word “officially” is key here, as news of Brady’s retirement initially leaked to the media a few days...more

Fisher Phillips

New Year Brings New Laws for New York Employers: 2021 Recap and 2022 Preview

Fisher Phillips on

Year two of the COVID-19 pandemic brought many new legislative changes for New York employers, altering the landscape around workplace safety, employee pay, leave benefits, protected classes and activity, and privacy. Now...more

Cole Schotz

Amendments to the New Jersey Law Against Discrimination Expand Employment Protections Against Age Discrimination

Cole Schotz on

On October 5, 2021, Governor Phil Murphy signed A-681 thereby amending the New Jersey Law Against Discrimination (“LAD”) to provide new protections against age discrimination for applicants and employees over the age of 70...more

Greenbaum, Rowe, Smith & Davis LLP

New Jersey Expands Law Against Discrimination to Address Age Discrimination

What You Should Know: •New Jersey’s Law Against Discrimination (NJLAD) has been expanded to address age discrimination against employees •New Jersey government or state employers no longer have the authority to enforce...more

Epstein Becker & Green

DOL Guidance for Retirement Plan Fiduciaries in Search of Missing Participants

Epstein Becker & Green on

The U.S. Department of Labor (“DOL”) recently issued important guidance (“Guidance”) for retirement plan sponsors and fiduciaries on their obligations to find missing participants entitled to retirement plan benefits....more

A&O Shearman

Arbeidsrecht wetswijzigingen per 1 januari 2021

A&O Shearman on

Overview - Per 1 januari 2021 is het arbeidsrecht op meerdere vlakken gewijzigd. In dit blogbericht bespreken wij de belangrijkste wijzigingen. ...more

Fisher Phillips

Comprehensive FAQs For Employers On Hurricanes And Other Workplace Disasters

Fisher Phillips on

This article addresses many employment-related issues facing employers in the wake of hurricane-related disasters; consequently, in addition to federal laws, we also focus on certain state laws, especially those in the areas...more

Fisher Phillips

Healthcare Employers Beware: Are Late Career Practitioner Policies Discriminatory?

Fisher Phillips on

As members of the healthcare industry, some of you may be aware of a situation where an aging physician whose physical or cognitive impairments (that went unnoticed or simply ignored) led to an unfavorable, or possibly...more

Conn Kavanaugh

Important Changes in Retirement Planning

Conn Kavanaugh on

The holiday season is always a busy and eventful time, so you may have missed a new law that can impact how you plan for your retirement assets. On December 20, 2019, as part of a more comprehensive appropriations act, the...more

42 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide