Regulatory Archives - Word on Benefits

President-Elect Trump Regulatory Outlook

Jenny Gartman, CEBS

21 Nov 202421 Nov 2024

What do the election results mean for employer-sponsored benefits? That’s a tough question to answer. Aside from occasional mentions of Medicare and Social Security, benefits-related topics weren’t prominent in the 2024 presidential campaigns. President-Elect Trump’s health messaging focused on making health care […]

401(k) Plans Compliance Defined Contribution (DC) Plans DOL Employee Benefits Legislative Regulatory Retirement SECURE 2.0 U.S.

SECURE 2.0 Act: What’s Coming in 2025?

Amanda Wilke, CEBS

19 Nov 202419 Nov 2024

The SECURE 2.0 Act of 2022 (SECURE 2.0) encompasses several changes affecting retirement plans that go into effect over the next few years. SECURE 2.0 aims to make it easier for employers to offer retirement plans and help employees plan for the […]

Canada Employee Benefits Pensions Regulatory Retirement

CAPSA Guidelines: A Comprehensive Overview of Pension Plans

Eli Argueta

14 Oct 202414 Oct 2024

On September 9, the Canadian Association of Pension Supervisory Authorities (CAPSA) released new guidance aimed at providing an update on the design, operation and administration of capital accumulation plans (CAPs). CAPs include defined contribution pensions, Registered Retirement Savings Plans (RRSPs), Tax-Free Savings […]

Canada Compliance Employee Benefits Health Care Legislative Regulatory

Cross-Country Benefits Update

Eli Argueta

24 Jul 202424 Jul 2024

The 2024 Canadian Legal and Legislative Update kicked off with a comprehensive cross-country benefits update delivered by Kiersten Amos, counsel at McInnes Cooper, and Michael Wolpert, partner at Fasken Martineau DuMoulin. These updates covered a range of legislation affecting benefit plans across […]

401(k) Plans DOL Employee Benefits ERISA ERISA50 Health Care Legislative Regulatory U.S.

Understanding ERISA Liability in the Context of Pharmacy Benefits

Anne Newhouse, CEBS

17 Jul 202417 Jul 2024

Fiduciary responsibility has always been a concern for retirement plans governed by the Employee Retirement Income Security Act of 1974 (ERISA). The language on the Department of Labor (DOL) Fiduciary Responsibilities webpage explains, “The primary responsibility of fiduciaries is to run the […]

Canada Compliance Employee Benefits Legislative Regulatory

Cross-Country Pensions Update

Eli Argueta

15 Jul 202415 Jul 2024

Here is a quick overview of legislative and regulatory updates including Income Tax Act, Office of the Superintendent of Financial Institutions (OSFI) and province-specific updates presented at the 2024 Canadian Legal and Legislative Update in Halifax, Nova Scotia. Income Tax Act (ITA) […]

Canada Employee Benefits Legislative Regulatory

Bill C-58, An Act to amend the Canada Labour Code and the Industrial Relations Board Regulations

Eli Argueta

10 Jul 202410 Jul 2024

Bill C-58 received royal assent on June 20, 2024 to ban the use of replacement workers and will come into effect June 20, 2025. This legislation was developed through extensive consultations with unions and employers and received unanimous support in Parliament. Bill […]

Employee Benefits Legislative Regulatory Talking Benefits Podcast

It’s a Busy Time in Washington: What Plan Sponsors Should Care About

Anne Patterson

23 May 202423 May 2024

It’s been a busy time in Washington, D.C., with an array of regulatory releases since mid-March. Adding to the attention this space has already been drawing, the latest Talking Benefits podcast episode provides a run-down of what’s been happening so plan sponsors […]

DOL Employee Benefits FMLA Legislative Paid Leave Parental Leave Regulatory U.S.

Pregnant Workers Fairness Act: An Update

Anne Patterson

08 May 202408 May 2024

Back in July of 2023, I wrote a blog on the Pregnant Workers Fairness Act and what plan sponsors needed to know at that time. I was pregnant while writing that first blog and curious not only how the law would impact […]

Communication Employee Benefits Financial Education Financial Education (U.S.) Financial Wellness Legislative Regulatory U.S.

Student Loan Repayment and Financial Wellness Benefits: What’s New?

Anne Newhouse, CEBS

19 Mar 202426 Mar 2024

Student loan repayment has been more top-of-mind in recent weeks with President Biden’s announcement on February 21, 2024. The Department of Education emailed 153,000 borrowers that student loans were being discharged for those enrolled in the Saving on a Valuable Education (SAVE) […]