ACA & ERISA updateBy Wesley CovertSeptember 2017To date, the IRS has yet to issue an enforcement letter for the ACA’s Employer Shared Responsibility Mandate (which penalizes large employers that do not offer certain qualifying health coverage to full-time employees).
DOL issues final disability claim procedures rules: Employers must actBy Steve Flores & Marissa SimsJune 2017Employers who sponsor employee benefit plans that provide disability benefits will need to revisit policies and procedures, plan documents, summary plan descriptions and claim-related notices in light of final regulations that apply to claims for disability benefits made on or after January 1, 2018.
Familial relationship within the context of PERM Labor Certification ApplicationBy Rabindra K. SinghJune 2017When deciding whether or not to pursue and submit a Labor Certification Application on behalf of a Foreign National who happens to have a “family relationship” with the owners, stockholders, partners, corporate officers, or incorporators of the sponsoring Employer, one should take into consideration all nine factors of the “totality of circumstances” test.
Final rule on health plan nondiscriminationBy William H. MayerMarch 2017Gender identity discrimination in health plans may end with the implementation of final regulations under the Patient Protection and Affordable Care Act. This article discusses the federal and state regulations as well as current litigation and other considerations affecting the availability of transgender related services.
Five action steps now to make your money lastBy Susan SteinDecember 2017Making your money last through your lifetime is challenging enough. Don’t make it harder by avoiding the subject. Taking steps now can make your retirement years much easier and enjoyable.
Illinois Secure Choice Savings Program ActBy Bernard G. PeterSeptember 2017An overview of this Act, which requires most employers in Illinois to offer a retirement program or provide employees a payroll deposit retirement savings arrangement provided for by the Act as of July 1, 2017.
Pension plan and health plan limitations for 2018By Wesley CovertDecember 2017In October 2017, the Internal Revenue Service issued Notice 2017-64 and Revenue Procedure 2017-58, containing the cost-of-living adjustments applicable to retirement plan limitations under the Internal Revenue Code and health flexible spending accounts under a Code §125 cafeteria plan and the parking and transit account limits under an Code §132 Transportation Plan.
Plan audit checklistBy Bernard G. PeterMarch 2017A list of the actions that should be taken to determine whether plan operations comply with plan provisions.
Protective plan provisionsBy Kathryn J. KennedyJune 2017The federal courts have expanded what can be included in the terms of certain plan provisions, with a result that is more favorable, and thus more protective, to plan sponsors in ERISA litigation. This article examines these protective plan provisions.
US Department of Labor issues final disability claim procedure rulesBy Steve Flores & Marissa SimsSeptember 2017Employers who sponsor employee benefit plans that provide disability benefits will need to revisit policies and procedures, plan documents, summary plan descriptions and claim-related notices in light of final regulations that apply to claims for disability benefits made on or after January 1, 2018.