Section Newsletter Articles on Employee Benefits
How to handle an employer’s group health plan lien
Civil Practice and Procedure
, January 2006
As a result of an accident, the plaintiff was injured. He brings a suit in circuit court for negligence. His damages include medical bills that were paid for by his employer’s group health insurance plan. After pursuing discovery, including depositions, the case settles. The health plan asserts a lien for the amount it paid. How should the lawyer handle the employer’s group health plan lien?
Governor signs Pension Reform Bill
, June 2005
The Governor has signed Senate Bill 27 into law. Among other things, SB 27 extends the teachers' Early Retirement Option (ERO).
Postmortem QDROs-May benefits be divided after death?
, June 2004
Issues regarding the qualification of postmortem domestic relations orders ("DROs") continue to exist as a unified approach among the United States Circuit Courts of Appeals has yet to be made clear to benefit law practitioners.
New rules for 204(h) notices
, October 2003
The Internal Revenue Service's final regulations for 204(h) notices, as such notices were amended by EGTRRA, are examples of subtle changes made to an ERISA rule in reaction to a much more controversial phenomenon, viz., the conversion of traditional defined benefit plans to cash balance plans.
Reinsuring employee benefit plan risks through a captive
Corporate Law Departments
, June 2003
Since the Department of Labor approved a prohibited transaction exemption for Columbia Energy Corporation in 2000, there has been an increased interest from employers in reinsuring employee benefit plan risks through their captives
Federal case updates
, April 2003
Jebian was a participant in Hewlett's ERISA plan, which was run by Voluntary Plan Administrator (VPA), an independent claims administrator.
IRS eases rules for minimum required distributions
, May 2001
The IRS has issued new regulations that govern required minimum yearly distributions from Individual Retirement Accounts ("IRAs") and tax-qualified plans to people over age 70-1/2 and to beneficiaries of deceased IRA owners and plan participants
Survey on QILDRO
, October 2000
On July 1, 1999, after ten years of work by the Illinois State Bar Association Family Law Section Council, HB1612 became law creating a vehicle to assign retirement benefits from State of Illinois pension plans.