McDermott Will & Emery Employee Benefits

MAY 24, 2022

Earlier this spring, McDermott Partner Erin Turley delivered a presentation about the impacts of recent Employee Retirement Income Security Act of 1974 (ERISA) litigation. appeared first on EMPLOYEE BENEFITS BLOG. The post ERISA Litigation: What Have We Learned?

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McDermott Will & Emery Employee Benefits

APRIL 6, 2022

The post Inflation and ERISA Penalties: Hand in Hand for 2022 appeared first on EMPLOYEE BENEFITS BLOG. The increased penalties generally apply to reporting and disclosure failures if the penalty is assessed after January 15, 2022, and if the violation occurred after […].

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McDermott Will & Emery Employee Benefits

DECEMBER 13, 2022

The post Conversations on Healthcare Governance appeared first on EMPLOYEE BENEFITS BLOG.

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McDermott Will & Emery Employee Benefits

MAY 31, 2022

The post New York City’s Wage Transparency Law to Take Effect November 1, 2022 appeared first on EMPLOYEE BENEFITS BLOG. The Law was supposed to take effect on May 15, 2022, however, it […].

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McDermott Will & Emery Employee Benefits

MAY 19, 2022

The post The Fiduciary Duties of 457(b) Plans and How to Mitigate Potential Risks appeared first on EMPLOYEE BENEFITS BLOG. In this presentation with the 457 Consulting Group, McDermott Partner Todd Solomon discusses the fiduciary duties of plan sponsors and how to mitigate potential […].

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McDermott Will & Emery Employee Benefits

OCTOBER 12, 2022

The post Save It for a Rainy Day Part 2: IRS Announces Additional Plan Amendment Extensions appeared first on EMPLOYEE BENEFITS BLOG. The extensions included many of the amendment deadlines under the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE […].

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McDermott Will & Emery Employee Benefits

MARCH 1, 2024

Werfel added that audits of high-income earners will likely […] The post Soaring New Heights: The IRS’s Crackdown of Aircraft Usage by Corporations and High-Income Earners appeared first on EMPLOYEE BENEFITS BLOG.

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McDermott Will & Emery Employee Benefits

JANUARY 11, 2023

The post Prescription Drug Data Reporting: What the “Good Faith Compliance” Extension Really Means for Self-Funded Group Health Plans appeared first on EMPLOYEE BENEFITS BLOG. The FAQ provides limited, albeit welcome, relief by extending the time for reporting information under the prescription drug data […].

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Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 30, 2023

The Securities and Exchange Commission adopted the final clawback rules under Dodd-Frank (the “ Final Rules ”) on October 26, 2022, and we discussed the detailed requirements of the Final Rules and related practical considerations in this earlier blog post.

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McDermott Will & Emery Employee Benefits

JUNE 9, 2022

Her presentation focused on the trustee’s role in Management Incentive Plans (MIPs), how retention and performance stock appreciation rights (SARs) impact an employee stock ownership plan (ESOP) and ways […]. The post Understanding a Trustee’s Role in Management Incentive Plans appeared first on EMPLOYEE BENEFITS BLOG.

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McDermott Will & Emery Employee Benefits

JULY 26, 2022

The post Seattle Payroll Expense Tax Upheld by State Appellate Court appeared first on EMPLOYEE BENEFITS BLOG. June 21, 2022). The tax, which went into effect on January 1, 2021, […].

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McDermott Will & Emery Employee Benefits

SEPTEMBER 15, 2022

The post SEC Adopts Final Pay Versus Performance Rules appeared first on EMPLOYEE BENEFITS BLOG. The Dodd-Frank Act added Section 14(i) to the Securities Exchange Act of 1934, which directs the SEC to adopt rules […].

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McDermott Will & Emery Employee Benefits

AUGUST 29, 2022

The post New SEC Rules Heighten Scrutiny Over Executive Pay appeared first on EMPLOYEE BENEFITS BLOG. These rules implement Section 953(a) of the Dodd-Frank Act, which provided for the SEC to adopt pay for […].

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McDermott Will & Emery Employee Benefits

AUGUST 25, 2022

The post Change Fatigue And Organizational Culture: A Critical Call For Leadership appeared first on EMPLOYEE BENEFITS BLOG. . “A positive organizational culture may come less easily these days, not because the organization itself is less robust, […].

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McDermott Will & Emery Employee Benefits

JUNE 15, 2023

Issuers listed on the NYSE and Nasdaq now have until […] The post Deadlines for the Adoption of Clawback Policies Extended appeared first on EMPLOYEE BENEFITS BLOG.

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McDermott Will & Emery Employee Benefits

DECEMBER 8, 2022

SB 5761 amends Washington’s Equal Pay and Opportunity Act (RCW 49.58) to require employers with 15 or more employees to include in each job posting the wage scale […]. The post Washington State’s Pay Transparency Law Takes Effect January 1, 2023 appeared first on EMPLOYEE BENEFITS BLOG.

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McDermott Will & Emery Employee Benefits

SEPTEMBER 21, 2022

The post Save It for a Rainy Day: Recent Amendment Extensions for Qualified Retirement Plans, 403(b) Plans and Individual Retirement Accounts appeared first on EMPLOYEE BENEFITS BLOG.

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McDermott Will & Emery Employee Benefits

APRIL 19, 2022

The post Restrictive Covenants Evolve from Common Law to Statutory Regulation: The 2022 Watershed appeared first on EMPLOYEE BENEFITS BLOG. Unlike state statutes regulating trade secrets (which largely follow the Uniform […].

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McDermott Will & Emery Employee Benefits

DECEMBER 27, 2022

But implementing such measures may present boards and their compensation committees with practical implementation challenges. The post Why More Companies Are Linking CEO Pay To ESG appeared first on EMPLOYEE BENEFITS BLOG. The new survey from The Conference […].

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Proskauer's Employee Benefits & Executive Compensa

DECEMBER 15, 2022

Proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis (“GL”) each published their annual policy updates for 2023, which updates made certain changes relating to executive compensation. [1] To learn more about the SEC’s new Pay-vs-Performance disclosure requirements , read our blog post here.

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Snell & Wilmer Benefits

OCTOBER 12, 2021

Summer has come and gone, but there was no summer vacation for employee benefits legislation and guidance. In case you have been too busy to check out our blogs lately, here are some key items to help you stay organized and catch up on items you might have missed. CalCurrent Podcast and Equity Compensation for Startups.

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Proskauer's Employee Benefits & Executive Compensa

JANUARY 31, 2023

please see our other blog posts or contact a member of Proskauer’s Employee Benefits and Executive Compensation group. Those rates are currently set at $96 per participant and $35 per participant, respectively. For more information about SECURE 2.0,

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McDermott Will & Emery Employee Benefits

SEPTEMBER 30, 2022

The post A Light in the Dark: Seventh Circuit Helps Clarify New Pleading Standards for 401(k) Fee Cases appeared first on EMPLOYEE BENEFITS BLOG. Specifically, to survive a motion to dismiss in the Seventh Circuit, the recent ruling in Albert v. Oshkosh […].

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McDermott Will & Emery Employee Benefits

MAY 19, 2023

The new compliance focus on executive compensation, as announced by the US Department of Justice (DOJ) on March 3, 2023, has significant implications for how healthcare organizations address both corporate compliance and compensation programs for their executives.

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McDermott Will & Emery Employee Benefits

APRIL 30, 2024

The Final Rule, slated for publication in the Federal Register, provides that employers’ use of noncompete agreements amounts to an “unfair method of competition” that runs afoul […] The post FTC Issues Rule Banning Worker Noncompete Agreements appeared first on EMPLOYEE BENEFITS BLOG.

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Commissions Employee Benefits Employment Executive Compensation 105

McDermott Will & Emery Employee Benefits

JUNE 1, 2022

The post Employers Explore Abortion Coverage Continuation appeared first on EMPLOYEE BENEFITS BLOG. This state-by-state rulemaking will cause some difficulty for employer plans, and employers are increasingly exploring […].

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