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COBRA Changes - and Other New Requirements - Impose New Obligations on Plan Sponsors, Insurers, TPAs and PBMs

USA - April 12 2021 In March 2021, President Biden signed into law the American Rescue Plan Act of 2021 (“ARPA”). ARPA contains several important employee benefit…

John L. Barlament, Carolyn M. McAllister, Michael C. Wieber

Fiduciary Update - Retirement Plan Excessive Fee Litigation Heats Up this Summer

USA - July 13 2020 Until recently, it appeared that Plaintiffs' firms had taken a hiatus from excessive fee litigation targeted at large companies. In August 2016, the…

Carolyn M. McAllister, Michael C. Wieber

New Coronavirus Relief for Plan Enrollees Means Extra Work for Plan Sponsors, Insurers and Plan Service Providers

USA - May 4 2020 The new regulations issued on April 28, 2020 by the Internal Revenue Service (“IRS”) and Department of Labor (“DOL”) require immediate attention from…

William J. Toman, John L. Barlament, John E. Hintz, Carolyn M. McAllister, Brooke L. Monahan, Averi A. Niemuth, Michael C. Wieber

How New “CARES” Act Impacts Retirement Plans

USA - March 27 2020 On March 27, 2020, the third major piece of COVID-19 legislation was passed by Congress and will be signed into law by the President imminently, the…

John L. Barlament, Carolyn M. McAllister, Brooke L. Monahan, Michael C. Wieber

New Litigation Relating to Pension Plan Actuarial Assumptions

USA - March 14 2019 The use by Pension Plans of Mortality Tables and Interest Rates from the 1970s and 1980s is being challenged in the new litigation. Dated actuarial…

Brooke L. McKeever, Robert D. Rothacker, Michael C. Wieber