Legislative

FAQs on Workplace Emergency Savings Accounts Under SECURE 2.0  

Jenny Gartman, CEBS
 

The U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) has issued FAQs on optional pension-linked emergency savings accounts (PLESAs) as part of the implementation of the SECURE 2.0 Act of 2022 (ERISA section 801). SECURE 2.0 authorized 401(k), 403(b) and governmental […]

Magazine Extra: How to Avoid the Contract Confusion of Gag Clause Compliance

Guest Contributor
 

Benefits Magazine Extra articles provide you with bonus content on a mix of benefits topics as well as deep dives and analyses on the latest benefit trends and compliance issues. Visit ifebp.org/benefitsmagazine to see the latest Benefits Magazine Extras as well as the bimonthly print edition.  Group […]

Legal & Legislative Reporter: Court Allows a Life Insurance Conversion Dispute to Move Forward

Guest Contributor
 

Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits-related case summaries. Below is a summary we thought you’d be interested in. Content provided by Morgan, Lewis & Bockius LLP. The U.S. District Court for the […]

Legal & Legislative Reporter: Appellate Court Reverses and Remands Denial of Breach of Fiduciary Duty

Tim Hennessy
 

Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits-related case summaries. Below is a summary we thought you’d be interested in. Content provided by Morgan, Lewis & Bockius LLP. The U.S. Court of Appeals for […]

New Mental Health Parity Guidance: More Clarity, But More Compliance Obligations

Anne Newhouse
 

According to speaker John Barlament, Shareholder, Reinhart Boerner Van Deuren, S.C., in his webcast “New Mental Health Parity Guidance: More Clarity, But More Compliance Obligations,” held on August 30, 2023, new guidance has been “desperately needed” on the topic of mental health […]

DOL Guidance on Mental Health Parity: Proposed Rules for NQTL Comparative Analyses

Jenny Gartman, CEBS
 

Many health plan sponsors continue to struggle to comply with the Mental Health Parity and Addiction Equity Act (MHPAEA), particularly the requirement to conduct a comparative analysis of nonquantitative treatment limitations (NQTLs) that has been effective under the 2021 Consolidated Appropriations Act […]

Legal & Legislative Reporter: Failure to Satisfy ERISA Requirements Dismisses Future Disability Benefits

Guest Contributor
 

Every month, the International Foundation releases the Legal and Legislative Reporter, a compilation of new employee benefits-related case summaries. Below is a summary we thought you’d be interested in. Content provided by Morgan, Lewis & Bockius LLP. The U.S. District Court for the […]

The Pregnant Workers Fairness Act: What Plan Sponsors Need to Know

Anne Patterson
 

Last week, a new U.S. law took effect requiring fair accommodations for pregnant Americans. My ears perked up not only as an employee benefits enthusiast but because I’m about to welcome my second child next month and am on high alert for […]

What Retirement Plan Sponsors Need to Know About Spousal Consent and Remote Witnessing

Jenny Gartman, CEBS
 

The Treasury Department and the Internal Revenue Service (IRS) temporarily allowed, in light of COVID-19 pandemic restrictions, electronic alternatives to physical presence requirements for retirement plan participants’ elections that required spousal consent. The two allowed alternatives were remote witnessing by notaries public […]