Proskauer's Employee Benefits & Executive Compensa

FEBRUARY 17, 2022

On January 31, 2022, the Ninth Circuit affirmed the lower court’s finding that surcharges imposed by the Pension Protection Act (“PPA”) are excluded from the determination of an employer’s “highest contribution rate” for withdrawal liability payment calculations. of IBT Local 863 Pension Fund v. Welfare & Pension Admin.

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Pension Employment IT 98

Proskauer's Employee Benefits & Executive Compensa

JULY 11, 2022

On July 8, 2022, the Pension Benefit Guaranty Corporation (“PBGC”) published its much anticipated final rule on the special financial assistance (“SFA”) available to certain troubled multiemployer plans under the American Rescue Plan Act of 2021 (“ARPA”). These and other key changes made by the PBGC in the final rule are summarized below.

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Pension Pension Benefit Consulting Employment 97

Employee Benefits

NOVEMBER 6, 2023

She was diagnosed with cancer in 2014 and had periods of sickness absence while undergoing chemotherapy. An employment tribunal has ruled that Lancashire County Council must pay out more than £800,000 to a teacher who was made to reapply for her job while on sick leave with cancer and then sacked.

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Pension Consulting Salary Employee Benefits 105

Proskauer's Employee Benefits & Executive Compensa

AUGUST 3, 2021

This episode of The Proskauer Benefits Brief is the first of our three-part series analyzing the Pension Benefit Guaranty Corporation (PBGC) guidance on the new special financial assistance program for troubled multiemployer pension plans that was created by the American Rescue Plan Act (ARPA). We affectionately call it ARPA.

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Pension Pension Benefit Executive Compensation Government 58

Employee Benefits

JULY 12, 2023

Recruitment agency Hamilton Barnes started up in 2014 and now employs 100 people, having grown from 20 pre-pandemic. We have an advisor that works in-house and will advise on mortgages, loans, investments, savings and pensions.” As it has grown, it has had to develop its benefits offering to ensure it can hold on to talented staff.

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Pension Recruitment Employee Benefits Employment 98

Achievers

OCTOBER 27, 2014

In one story from 1923, Heineken became one of the first Dutch companies to establish a non-contributory pension fund for its employees. You’d never guess they’d been doing the same thing, hour after hour, over and over, to more than 600,000 visitors so far in 2014.

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Pension Health Media Technology 134

Employee Benefits

NOVEMBER 30, 2023

loyalty pension programme; Tack means ‘thank you’ in Swedish. Each full-time employee who has worked for the group for five years or more will receive the same amount of extra contribution to their pension fund, regardless of their position or salary level. loyalty pension programme since 2014.

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Bonuses Pension Retail Salary 59

Employee Benefits

AUGUST 1, 2023

A tribunal has upheld a decision by The Pensions Regulator (TPR) to issue a contribution notice for Anant Shah, the former owner of the Meghraj Group Pension Scheme , to pay £1.8 The post Tribunal rules Meghraj Group Pension’s former owner must pay in £1.8 million into the scheme. The scheme’s debt is estimated at £5.85

Pension 52

Pension Banking Employee Benefits IT 52

HR Digest

APRIL 23, 2024

Previous elections conducted in 2014 and 2019 saw only losses for the UAW, which is why the current win comes as a surprise for many. GM agreed to make five $500 dollar payments to retirees and their surviving spouses, and improvements were made towards the retirement and pension plans as well.

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Pension Employment IT 52

Workers' Compensation Perspectives

AUGUST 27, 2023

Public social insurance plans like US Social Security Disability Insurance (SSDI) and Canada Pension Plan Disability (CPP-D) are often singled out in this regard [For example, see American Progress, H ow Dehumanizing Administrative Burdens Harm Disabled People , 5 December 2022 available at [link] ].

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Disability Insurance Insurance Workers’ Compensation Compensation System 52

The Teacher's Advocate

SEPTEMBER 6, 2019

The GAO conducted a study which was released in 2014 (find it here) which stated that only eight providers accounted for 95% of the managed account business. My experience is that Financial Engines and Morningstar/Ibbotson are the dominant providers and according to a Pensions and Investment article they are.

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401(k) Engineering Management Architecture 40

cipHR

MARCH 24, 2022

Pensions (Extension of Automatic Enrolment) Bill . The bill to extend pensions automatic enrolment to all jobholders aged 18 or over, which would also remove the lower qualifying earnings threshold for automatic enrolment, has had a second reading in the House of Commons, but there are no publications as yet for this reading online.

Taxes 40

Taxes Payroll Deductions Deductible 40

Insperity

AUGUST 24, 2015

According to the EEOC, the top five employment complaints reported nationwide in fiscal year 2014 were: Retaliation (42.8 Keep files on any employee benefit plans, such as pension and insurance plans, and any written seniority or merit system for the full period the plan or system is in effect and for at least one year after its termination.

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Pension Commissions Medical Payroll 82

Global People Strategist

DECEMBER 7, 2022

3. The Pension Reform Act, 2014. of monthly wages go towards pension plans. Even though the contribution percentage is set by law, changes can be made with approval from the National Pension Commission. Regarding retirement savings, Nigerian employees and employers have a legal obligation: make sure 7.5%

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Employment Pension Government Employee Compensation 52

Workers' Compensation

JANUARY 30, 2024

OFFSET OF BENEFITS Should the legislation be passed, another issue is offsetting benefits awarded under collateral programs, including pensions, Federal programs established for 9/11 first responders, and Medicare (Medicare Secondary Payer Act). Long Overdue Public Safety Worker Coverage Worker Coverage, www.gelmans.com (02/01/2024).

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Workers’ Compensation Medical Pension Employment 52

Benefits Notes

MARCH 31, 2021

Single Employer Pension Plan Provisions. The ARPA contains two funding relief items that benefit single employer pension plans. Arguably the most significant provision of the ARPA from an employee benefits perspective is the creation of the financial assistance program under the PBGC for troubled multiemployer pension plans.

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Family and Medical Leave Act Employee Benefits Taxes Pension 40

Insperity

AUGUST 24, 2015

According to the EEOC, the top five employment complaints reported nationwide in fiscal year 2014 were: Retaliation (42.8 Keep files on any employee benefit plans, such as pension and insurance plans, and any written seniority or merit system for the full period the plan or system is in effect and for at least one year after its termination.

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Pension Commissions Medical Payroll 44

Workers' Compensation Perspectives

MARCH 23, 2020

The then chairman wrote: In the closing months of the last year we have been compelled to reject a number of claims arising out of the influenza epidemic, in which mothers with small children made application for pensions. One case was particularly painful. We were unable to answer.

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Workers’ Compensation Compensation System Family and Medical Leave Act Insurance 52

Florida Workers' Comp

JANUARY 21, 2025

The new law eliminates what was labeled the "Windfall Elimination Provision and the Government Pension Offset." They earned pensions on their public jobs, and the Social Security they paid was generally in those concurrent "private-sector jobs." The equity and fairness are seemingly patent. That is not new.

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Pension Workers’ Compensation Health Insurance Government 104