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Documents on Employee Benefits
 

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HTMLWhat Is Your Starting Salary? New FLSA Regulations Raise The Bar For U.S. Employers
Juan C. Garcia, Matt Gatewood, Michael A. Hepburn, Paul R. Lang, Gail L. Westover; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 24, 2016, previously published on May 23, 2016
Employers with salaried employees earning under $47,476 annually should evaluate the impact on their organizations of major changes to employee compensation following new federal wage requirements effective December 1, 2016.

 

HTMLIt’s here: DOL Releases Fiduciary Regulations
Dale R. Vlasek; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on April 12, 2016
After years of effort and opposition from the financial service industry, the Department of Labor (DOL) has issued its final regulation clarifying the definition of who is a fiduciary under the Employee Retirement Income Security Act of 1974 (ERISA).

 

HTMLQuestioning Recent ISS Study on the Impact of Board Leadership Structures on CEO Pay
Lyle G. Ganske, Daniel C. Hagen, Robin C. Melman, Robert A. (Bob) Profusek, Lizanne Thomas; Jones Day;
Legal Alert/Article
May 10, 2016, previously published on April 2016
Institutional Shareholder Services ("ISS") published a report in March 2016 arguing that CEO compensation is impacted by companies' board structures. More specifically, ISS argues that CEOs of companies with boards chaired by an "insider" have higher compensation than CEOs of...

 

HTMLBasic-Supplemental Life Insurance Plan Pricing Structure Upheld in ERISA Class Action
Wilson G. Barmeyer, Carol T. McClarnon, Phillip E. Stano, Steuart H. Thomsen, Gail L. Westover; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 5, 2016, previously published on May 4, 2016
An employee benefit plan that includes an alleged subsidization component for its basic and supplemental options is neither prohibited by the Employee Retirement Income Security Act of 1974 (ERISA) nor a violation of the plan sponsor or service provider’s fiduciary duties, a federal district...

 

HTMLAn Introduction to the Division of Pension Benefits on Marriage Breakdown in Ontario - Part I
Mariette P. H. Matos; Bennett Jones LLP;
Legal Alert/Article
April 24, 2016, previously published on March 29, 2016
The long-awaited reform of the family law provisions of the Ontario Pension Benefits Act (PBA) came into effect on January 1, 2012, and the passage of time has brought to light the challenges involving the new pension division rules. In a Six-Part Pension Division Series, for those who are required...

 

HTMLWebsite Compliance with the ADA - Emerging Threat of Litigation
Douglas A. Cherry, Robert A. Koenig; Shumaker, Loop & Kendrick, LLP;
Legal Alert/Article
April 19, 2016, previously published on April 7, 2016
Over the last few months, a number of plaintiff’s law firms have sent demand letters to companies claiming that the company’s websites aren't accessible to disabled users, and thus violates Title III of the Americans with Disabilities Act (“ADA”).

 

HTMLThe Grisly Death of Determination Letters for Individually Designed Plans
Kevin L. Burch, David S. Rosner; Ogletree, Deakins, Nash, Smoak & Stewart, P.C.;
Legal Alert/Article
April 18, 2016, previously published on April 7, 2016
The Internal Revenue Service (IRS) announced last year that it would end its staggered five-year remedial amendment cycle system for individually designed retirement plans under the determination letter program due to budgetary constraints and a lack of resources. The remedial amendment cycle...

 

HTMLFAQs on the Spokane, Washington Paid Sick and Safe Leave Law
Sarah J. Evans; Ogletree, Deakins, Nash, Smoak & Stewart, P.C.;
Legal Alert/Article
April 14, 2016, previously published on March 21, 2016
On January 25, 2016, the Spokane City Council overturned the Spokane mayor’s veto and passed Ordinance C-35300, which provides paid sick and safe leave to employees performing more than 240 hours of work in the city of Spokane in a calendar year. Spokane follows the cities of Seattle, Tacoma,...

 

HTMLThe New Fiduciary Rules: Considerations for Employers
Joanne C. Youn; Caplin & Drysdale, Chartered;
Legal Alert/Article
April 13, 2016, previously published on April 12, 2016
Last week, the Department of Labor ("DOL") published final regulations (the "Final Rules") addressing who is a fiduciary of an employee benefit plan or IRA by virtue of rendering investment advice to the plan, its participants, and/or the IRA owner. The potential impact of the...

 

HTMLNew York City Update: New Developments in Paid Sick Leave, Consideration of Criminal Background Information
Ellen M. Bandel, Susan M. Corcoran, Richard I. Greenberg, Daniel J. Jacobs, Joseph J. Lynett; Jackson Lewis P.C.;
Legal Alert/Article
April 13, 2016, previously published on March 23, 2016
New York City continues to refine existing obligations imposed on New York City employers and propose new ones.

 


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