Employee Benefits
JANUARY 17, 2024
Instead of an employee building up a new pension pot every time they change employer, their pot would follow them through their working life. It is important to note that the government’s proposals are still at consultation stage. The details, and even whether pots for life will go ahead, are still unknown.
Proskauer's Employee Benefits & Executive Compensa
SEPTEMBER 22, 2022
As noted below, SRCs need not include any amount for pension benefits.). It is important to address the disclosure earlier in the 2023 proxy process, and to gain perspectives from compensation consultants, accountants, and counsel. Plan ahead, and work with consultants and accountants. The New Table.
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Employee Benefits
DECEMBER 16, 2021
A consultation period between the car firm and affected staff will close tomorrow (17 December). Unite general secretary Sharon Graham explained that the union will back members if they decide to take industrial action to defend their pensions. The union has called for this to be extended.
Employee Benefits
NOVEMBER 8, 2022
Trott has taken over responsibility for pensioner benefits including state, private and occupational provisions, as well as oversight of bodies such as The Pensions Regulator (TPR).
HR Digest
FEBRUARY 20, 2020
An employer must take up professional advice as well as guidance for offering retirement benefits to employees. The pension rules are complicated, and tax-related basics of retirement benefits can confuse an employer. Understanding the Basics of Retirement Benefits Plan. As such, professional guidance is necessary.
Proskauer's Employee Benefits & Executive Compensa
NOVEMBER 25, 2024
Background In Art Iron , the plan argued that the withdrawn employers sole shareholder and his wife were personally liable for over $1 million in withdrawal liability because they each operated a trade or business at the time of the withdrawalthe husband received consulting fees from the employer and his wife sold jewelry. Findlay Indus.,
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”).
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