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Managing Director - Operations, Benefits Daybright Financial
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Retirement Relationship Manager MAP Retirement
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Retirement Plan Administration Consultant Blue Ridge Associates
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Regional Vice President, Sales MAP Retirement USA LLC
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“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
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Search the News Archive
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806 Matching News Items |
| 1. |
Jackson Lewis P.C.
June 23, 2021
"Payments will be made to more than ninety funds. There is no cap on this payment, no requirements for repayment, and funding predictions will be performed on a 'deterministic basis.' ... The Butch Lewis portion is otherwise a clean canvas to be augmented by PBGC regulations.... Organized labor contends 'all benefits due during the period' is defined as future benefit payment cash flows, not merely accrued benefits or unfunded liability. This concept will cost significantly more than 86 billion dollars."
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| 2. |
Morgan Lewis
June 26, 2022
"The Texas and Oklahoma laws are the only ones that explicitly classify employer coverage or reimbursement of abortion services banned in those states through insurance or benefit plans as aiding and abetting unlawful abortion.... There is some risk, however, that state criminal conspiracy and/or aiding and abetting laws may be cited against companies that cover abortion or abortion services, including receipt of abortion medication, within a particular state." [Dobbs v. Jackson Women's Health Org., No. 19-1392 (S. Ct. Jun. 24, 2022)]
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| 3. |
Jackson Lewis P.C.
May 8, 2024
"Last year, the General Assembly passed an amendment to the law that, among other things, delayed collection of contributions and benefit payments for a year. Jackson Lewis detailed that amendment's notable changes. During the latest legislative session, lawmakers passed SB485, making additional modifications and setting new dates for contributions and benefits under the Program."
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| 4. |
Jackson Lewis P.C.
Jan. 24, 2021
"Similar to the bipartisan Butch Lewis Act, [the Emergency Pension Plan Relief Act (EPPRA)] emphasizes the 'partition' of troubled multiemployer pension plans. Partition is a procedure where a multiemployer pension plan is divided into two plans, with the [PBGC] accepting financial responsibility for the portion of the plan representing the benefits of participants for whom no contributions are being made."
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| 5. |
Jackson Lewis P.C.
Nov. 12, 2025
"The Puerto Rico Christmas Bonus is a local tradition that comes with significant statutory requirements for employers. There are two tiers of employee eligibility and bonus amount depending on employee hire date and employer headcount. Employer profitability-related exemptions may apply, as do penalties of various percentages for failure to timely pay the Christmas Bonus."
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| 6. |
Jackson Lewis P.C.
Nov. 6, 2025
"The Earned Sick and Safe Time Act has been expanded to [1] formally codify the paid prenatal leave requirements into the local law, [2] provide for additional unpaid time, and [3] permit more reasons for use of time."
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| 7. |
Jackson Lewis P.C.
Oct. 30, 2025
"Employees with covered family members serving in these newly recognized branches may now qualify for paid leave under the FAMLI program. This includes leave to care for a service member with a serious health condition resulting from active duty."
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| 8. |
Jackson Lewis P.C.
Oct. 28, 2025
"Voting leave requirements vary widely -- some mandate paid time off, others unpaid, and several include posting or notice obligations.... State laws change frequently -- conduct a yearly compliance review ahead of each election cycle.... Voting leave laws generally depend on the employee's work location, not the company's headquarters."
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| 9. |
Jackson Lewis P.C.
Oct. 22, 2025
"Generally, plan sponsors should be prepared to implement the Roth catch-up rule for taxable years beginning after December 31, 2025 (i.e., January 1, 2026, for calendar year plans). This will require coordination with ERISA counsel, the company's payroll provider, and the plan's recordkeeper and third-party administrator."
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| 10. |
Jackson Lewis
Oct. 15, 2025
"Recently, California's Governor signed Senate Bill 590, which expands eligibility for benefits under the state paid family leave program to include individuals who take time off to care for a seriously ill designated person ... defined as any individual related by blood or whose association with the employee is equivalent to a family relationship."
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