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Seyfarth Shaw LLP
Released by the IRS in the final days of 2023, Notice 2024-2 offers guidance on several aspects of the SECURE 2.0 Act, particularly focusing on instructions related to designated Roth matching ...
Bass, Berry & Sims
While the sweltering roil of temporary regulatory changes related to the COVID-19 pandemic may have cooled and the initial burst of SECURE 2.0 steam begins...
Kaufman Rossin
On the one hand, Social Security provides higher monthly benefits for those who are willing to wait. In fact, when financial economists crunch the average numbers...
Proskauer Rose LLP
In Bulk Transp. v. Teamsters Union No. 142 Pension Fund, No. 23-1563, 2024 WL 1230236 (7th Cir. Mar. 22, 2024), the Seventh Circuit held that the contributions used to calculate an employer's withdrawal liability.
Littler Mendelson
On March 29, 2024, the U.S. District Court for the Northern District of Illinois issued its decision in Central States, Southeast and Southwest Areas Pension Fund v. Event Media, Inc.
Dickinson Wright PLLC
Retirement plan fiduciaries are increasingly operating from a defensive posture as the subject of lawsuits alleging breach of fiduciary duty due to underperforming investments, excessive fees, and failure to select and monitor investment options.
Akin Gump Strauss Hauer & Feld LLP
On April 2, 2024, the U.S. Department of Labor (DOL) announced its final amendment to prohibited transaction class exemption 84-14 (the QPAM Exemption).
Dickinson Wright PLLC
Many plan sponsors have read about the lawsuit filed against Johnson & Johnson alleging that it breached its fiduciary duties with regard to the prescription drug component of its group health plan..
Groom Law Group
On April 2, 2024, the Department of Labor ("DOL" or "Department") released an amendment (the "Amendment") to Prohibited Transaction Exemption 84-14 (the "QPAM Exemption" or "Exemption").
Hall Benefits Law
Columbus Regional Healthcare System, Inc., a Georgia company, and a class of some 6,800 retirement plan participants, recently advised a federal district...
Goodwin Procter LLP
On April 3, 2024, the Department of Labor (DOL) published final changes to Prohibited Transaction Class Exemption 84-14, commonly known as the "QPAM Exemption".
Goodwin Procter LLP
Welcome to Goodwin's ERISA Litigation Update. Litigation involving ERISA-governed benefits plans has exploded in recent years.
Mayer Brown
On April 3, 2024, the US Department of Labor ("DOL") published the final amendment ("Amendment") to Prohibited Transaction Class Exemption 84-14, otherwise known as the "QPAM Exemption" ("Exemption").
Seyfarth Shaw LLP
In 2024, we commemorate a significant milestone in the landscape of employee benefits law: the 50th Anniversary of the Employee Retirement Income Security Act (ERISA).
Hall Benefits Law
The U.S. Department of Labor (DOL) recently issued proposed regulations on automatic portability programs. These programs help employees who change jobs consolidate their retirement funds...
Stites & Harbison PLLC
In recent years, we have seen more and more ERISA class action claims against retirement plan sponsors and committees for breach of fiduciary duty.
Nossaman LLP
In the AHS decision, the Court upheld the ACERA Board's fiduciary authority and discretion to maintain its longstanding Percentage of Payroll methodology for funding the retirement system.
Holland & Knight
Multi-employer plan participants involved in an Employee Retirement Income Security Act of 1974 (ERISA) class action lawsuit against Horizon Actuarial Services LLC (Horizon), a national retirement...
Hall Benefits Law
A Florida district court judge has administratively closed an ERISA class action lawsuit against defense contractor L3Harris after the parties settled following mediation...
Jackson Lewis
An employer can contest a withdrawal liability assessment and ultimately prevail. That is the moral of Bulk Transport Corp. v. Teamsters Union No. 142 Pension Fund, No. 23-1563...
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