Employee Benefits

JULY 24, 2023

Several strike dates due to take place on the London Underground have been suspended following negotiations about potential reforms of Transport for London’s (TFL) pension scheme. A central government-demanded review of TFL’s pension arrangements, which is a condition of the 1 June 2021 £1.1

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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). JUSTIN ALEX : Sure.

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Employee Benefits

FEBRUARY 26, 2024

Almost half (49%) of working adults have changed their retirement plans because of the cost-of-living crisis , according to new research by the Pensions Management Institute. The professional body that supports and develops UK pension schemes surveyed 2,030 employees with pensions.

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Employee Benefits

MARCH 4, 2024

The lifetime allowance (LTA) is one of those subjects referenced in lots of pension literature , and yet, it only affects a minority of people. On the face of it, its removal has many benefits, including helping certain cohorts of people to fall back in love with pensions (and work). Ah, maybe not quite a disappearing act then.

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Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 13, 2021

This episode is the final installment of our three-part series on a new special financial assistance program created by the American Rescue Plan Act of 2021 for troubled multiemployer plans and the interim guidance issued by the Pension Benefit Guaranty Corporation regarding the program.

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Employee Benefits

JUNE 10, 2024

Employees often take strike action over issues such as pay , health and safety, pensions, benefits, changes to terms and conditions, and union recognition. Unions may call strike action regarding issues such as pay , health and safety, pensions and terms and conditions changes, to name a few.

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Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 25, 2024

1301(b)(1), all trades or businesses under common control with an employer that has withdrawn from a multiemployer pension plan are jointly and severally liable for the employers withdrawal liability. of Shopmens Pension Plan v. Under 29 U.S.C. In Local No. Art Iron, Inc. , 4th 923 (6th Cir. 1301(b)(1). Findlay Indus., 3d 597 (6th Cir.

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Business Management Daily

MARCH 14, 2022

Let’s take a closer look at the current laws governing age nondiscrimination so you can steer clear of potential lawsuits. If you later chose a younger applicant for the position, this man may feel as though his age was a factor in your hiring decision. What counts as age discrimination and how can you avoid committing it?

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Empuls

JUNE 21, 2024

  Recognizing the fact that the majority of the employees are opting for a safety net backed by financial security, the government introduced The Secure Act 2.0. Defined benefit plans  This retirement benefit plan is calculated based on multiple factors, including salary and service.    💡 Why?

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Vantage Circle

MAY 27, 2021

The apparent bonus governs the employee's behavior, and he performs well to get it. They can be pension benefits, paid leaves, etc. They are benefits that enhance an employees' work life, such as health benefits, club benefits, etc. In external regulation, the behavior is controlled by external rewards.

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HR Digest

OCTOBER 10, 2023

Conditions of the employee’s pension benefit plans are also clearly highlighted. The Americans with Disabilities Act (ADA) of 2008 establishes employment laws for employers in the private sector, state and local governments, and other public bodies. What Can Companies Do about the Pay Inequality?

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Employee Benefits

JANUARY 20, 2023

Over the past few weeks, there have been an increasing number of social media posts and press articles about a bill currently passing through Parliament, with which the UK government has the potential to fundamentally change employment rights. million workers could be put at risk if the UK government presses ahead with its plans.

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Workers' Compensation Perspectives

JANUARY 1, 2019

To forestall this eventuality, the majority of North American workers’ compensation jurisdictions adjust periodic payments (sometimes called workers’ compensation pensions or permanent disability payments) to account for increases in the cost of living. This policy, however, is far from universal among US workers’ compensation systems.

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International Foundation of Employee Benefit Plans

JANUARY 30, 2025

Signed into law on January 5, 2025, the Social Security Fairness Act (SSFA) (HR 82) repeals two provisions that reduce Social Security benefits for some individuals who receive other benefits, such as certain state or local government pension benefits.

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Money Talk

JANUARY 9, 2025

The law will repeal the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) that reduced public sector workers' earned Social Security benefits. Some people have referred to folks like me who earned both Social Security and pension benefits in a derogatory way. They call us "double dippers."

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