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Employee Benefits & Executive Compensation Blog Blog

Articles: 1-10 of 396

DOL Statement on Private Equity Investment Emphasizes Fiduciary Responsibility

USA - January 14 2022 On December 21, 2021, the Department of Labor (the “DOL”) published a Supplemental Statement (the “Supplemental Statement”) to its June 3, 2020…

You can go home again: Tri-Agencies release new group health plan coverage requirements for over-the-counter at-home covid-19 tests

USA - January 11 2022 Looking forward to the weekend? Many employers and plan administrators may also have been . . . Up until yesterday, when the government issued new…

IRS proposal extending deadlines for ACA reports to individuals

USA - January 6 2022 The Internal Revenue Service (“IRS”) recently issued proposed regulations affecting certain reporting deadlines under the Patient Protection and…

ARPA Final Rule Expected in January

USA - December 21 2021 I was a summer associate back in 1996 when, just steps from our old offices at 1585 Broadway, people lined up for blocks outside the Nederlander…

DOL’s latest ESG proposal: The more things change, the more they stay the same

USA - November 22 2021 On October 14, 2021, the U.S. Department of Labor’s Employee Benefits Security Administration (the “DOL”) published in the Federal Register a new…

COBRA election and payment periods: Does one year of “tolling” really mean one year?

USA - October 8 2021 Remember the DOL/Treasury relief that tolled the COBRA election and payment deadlines for up to one year due to the COVID-19 pandemic (referred to…

District court dismisses investment and recordkeeping claims against 401(k) plan fiduciaries

USA - September 22 2021 A Kentucky federal district court ruled that a participant in CommonSpirit Health’s 401(k) plan failed to state plausible claims for breach of…

EPCRS update offers new tools to correct retirement plan errors

USA - September 21 2021 The IRS recently updated its “Employee Plans Compliance Resolution System” (EPCRS). By way of background, EPCRS is a correction program administered…

[Podcast]: Special financial assistance for multi-employer pension plans (part 2)

USA - August 20 2021 This Episode of The Proskauer Benefits Brief is the second of our three-part series analyzing the Pension Benefit Guaranty Corporation (PBGC)…

District Court Partially Dismisses ERISA 401(k) Fee and Performance Claims for Lack of Standing

USA - August 10 2021 A federal district court in New York recently granted Omnicom Group Inc.’s (“Omnicom’s”) motion to dismiss, for lack of Article III standing, claims…