On November 18, 2013, New York State joined forces with the U.S. Department of Labor in an information-sharing program that will enhance inter-agency
ERISA Section 510 makes it unlawful to take retaliatory action “against a person because he has given information or has testified or is about to testify in any inquiry or proceeding relating to” ERISA.
Many service providers to plans covered by the Employee Retirement Income Security Act of 1974 (with certain exceptions) were required to provide disclosures to responsible plan fiduciaries by July 1, 2012, regarding compensation they are receiving and potential conflicts of interest.
Plan administrators of calendar-year defined contribution plans that allow participants and beneficiaries to direct the investment of their individual accounts must make significant disclosures to those participants and beneficiaries no later than August 30, 2012.
Employer misclassification of employees as independent contractors continues to attract the attention of the Internal Revenue Service (IRS) and the U.S. Department of Labor (DOL).
The U.S. Department of Labor (DOL) has issued revised rules under which applicants may request an administrative exemption from the restrictions on prohibited transactions under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code.
The U.S. Department of Labor (DOL) has issued a final regulation under the statutory rules adopted in the Pension Protection Act of 2006, which created a new statutory exemption from the prohibited transaction rules to allow 401(k) and other pension plan fiduciaries to provide investment advice to participants.
The Department of Labor (DOL), Department of the Treasury, and Department of Health and Human Services (HHS) jointly issued proposed regulations regarding the Summary of Benefit Coverage (SBC).
Among its many provisions, the Patient Protection and Affordable Care Act requires that non-grandfathered group health plans must provide coverage for and are prohibited from imposing cost-sharing on certain women's preventive health services.
There is an obvious tension between the desire to encourage employees to come forward with information necessary to report and expose fraud and the recognition that certain company information is truly private and confidential and should remain so.