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Pentegra
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Cash Balance/ Defined Benefit Plan Administrator Steidle Pension Solutions, LLC
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MAP Retirement
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BPAS
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Retirement Plan Consultants
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Retirement Plan Administration Consultant Blue Ridge Associates
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Managing Director - Operations, Benefits Daybright Financial
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Southern Pension Services
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BPAS
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Regional Vice President, Sales MAP Retirement USA LLC
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Retirement Relationship Manager MAP Retirement
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ESOP Administration Consultant Blue Ridge Associates
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BPAS
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Relationship Manager for Defined Benefit/Cash Balance Plans Daybright Financial
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Anchor 3(16) Fiduciary Solutions
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July Business Services
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-- An attorney subscriber
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Search the News Archive
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737 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. |
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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| 3. |
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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| 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. 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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| 6. |
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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| 7. |
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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| 8. |
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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| 9. |
Jackson Lewis P.C.
Oct. 15, 2025
"[DOL Opinion Letter FMLA2025-02A] clarified that employers should calculate FMLA leave hours based on an employee's actual, normally scheduled workweek -- which includes any mandatory overtime hours and excludes any additional voluntary hours. Although the opinion letter restates fairly established principles of FMLA entitlement calculation, it provides helpful guidance for employers when calculating FMLA hours for employees who work non-traditional work schedules."
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| 10. |
Jackson Lewis P.C.
Oct. 5, 2025
"As of Jan. 1, 2026, the benefit contribution rate remains at .88% of eligible wages for all employers.... Additionally, on Jan. 1, 2026, the maximum weekly benefit will increase from $1,170.64 to $1,230.39."
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