Employee Benefits and Executive Compensation

  • Overview
  • Attorneys
  • News
  • Publications
  • Events
May 19, 2015

As expected, in a very short opinion, the U.S. Supreme Court unanimously vacated a Ninth Circuit ruling and held that plan fiduciaries must regularly monitor plan investments. Previously, the Ninth Circuit had held that claims against fiduciaries over allegedly imprudent 401(k) plan investments were time-barred if the claims were made more than six years after the initial decision to select the investments.

Client Alert
April 21, 2015
The Department of Labor (DOL) released a new proposed rule last week that will change who is considered a fiduciary of a qualified plan, IRA or health savings account (HSA) (the Fiduciary Rule). We believe this rule will have limited impact on plan sponsors. However, given the extensive commentary on the Fiduciary Rule, plan sponsors should understand how the Fiduciary Rule could impact them. For more information, please read our client alert.
Client Alert
April 17, 2015
April 6, 2015
Last week, the IRS announced changes to its voluntary program that allows employers to correct retirement plan operational errors. The program, known as the Employee Plans Compliance Resolution System (EPCRS), allows employers to correct operational errors by either (i) seeking IRS approval of a proposed corrective action; or (ii) self-correcting by taking a prescribed corrective action.Please read our client alert for additional information.
Client Alert
March 20, 2015

Plan administrators of 401(k) and other participant-directed plans must provide participants with information about the fees associated with the plan (fee disclosures) at least annually. When the rules were first released, the Department of Labor (“DOL”) required plan administrators to provide the fee disclosures no later than 12 months after the prior fee disclosure was mailed. This rule created practical difficulties and caused each plan’s fee disclosure deadline to move over time. Yesterday, the DOL released a revised rule that corrects these issues.

Client Alert
February 18. 2015

On the day before he left office, Massachusetts Governor Deval Patrick signed an act relating to parental leave (the “Act”) into law. The Act significantly amends the Massachusetts Maternity Leave Act (“MMLA”), which provides eight weeks of job-protected leave to female employees following the birth or adoption of a child. Most notably, the Act will extend that same right to male employees. It will take effect April 7, 2015.

Article
February 18, 2015
February 12, 2015
February 9, 2015
February 6, 2015
Showing 41-50 of 130 results
<   1 2 3 4 5 6 7 8 9 10 11 12 13   >