ERISA Archives - Page 2 of 3 - Word on Benefits

How SFA Rules Impact Annual Funding Notice Requirements

Jenny Gartman, CEBS

09 May 202309 May 2023

The American Rescue Plan Act (ARPA) of 2021 authorized special financial assistance (SFA) through the Pension Benefit Guaranty Corporation (PBGC) to eligible severely underfunded multiemployer plans. ARPA added section 4262 to Title IV of the Employee Retirement Income Security Act (ERISA). The multiemployer plans […]

Employee Benefits ERISA Legislative Regulatory U.S.

Legal and Legislative Reporter: Defendant Administrator Erroneously Denied Plaintiff’s LTD Benefits Claims

Guest Contributor

28 Apr 202328 Apr 2023

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 […]

American Rescue Plan Act (ARPA) Compliance DOL Employee Benefits ERISA PBGC Pensions U.S.

Where We Are Now: Special Financial Assistance Under the American Rescue Plan Act

Kathy Bergstrom, CEBS

28 Mar 202328 Mar 2023

From capital market return expectations to the rules that cover the program, a lot has changed in the two years since the American Rescue Plan Act was signed into law and created the Special Financial Assistance (SFA) program for struggling multiemployer pension […]

Compliance Diversity and Inclusion Employee Benefits Legislative LGBTQ+ Regulatory U.S.

Legal & Legislative Reporter: Third Party Administrator Liable for Violation of ACA Antidiscrimination Provision

Guest Contributor

16 Mar 202316 Mar 2023

Employee Benefits ERISA Multiemployer PBGC U.S.

Proposed Interest Rate Assumptions for Determining Employer Withdrawal Liability (Part Two)

Jenny Gartman, CEBS

14 Mar 202314 Mar 2023

A new rule proposed by the Pension Benefit Guaranty Corporation (PBGC) would increase the certainty of withdrawal liability determinations for multiemployer benefit plans and likely help prevent withdrawal liability disputes from going to arbitration and litigation, PBGC officials say. The proposed permissible […]

Employee Benefits ERISA Health Care Insurance U.S. Webcast

What to Know About Individual Coverage Health Reimbursement Arrangements

Anne Newhouse, CEBS

02 Mar 202310 Mar 2023

Health reimbursement arrangements (HRAs) have traditionally been used for medical cost sharing purposes to help employees with copays, coinsurance and deductibles. On June 13, 2019, the Departments of Labor, the Treasury, and Health and Human Services issued a final rule creating a […]

Employee Benefits ERISA Insurance Legislative Prescription Drugs Regulatory U.S.

Legal and Legislative Reporter: Court Denies Insurance Company’s Motion to Remand AD&D Benefits Claim

Guest Contributor

08 Feb 202310 Mar 2023

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 […]

Communication Compliance Employee Benefits ERISA Human Resources (HR) Legislative Retirement U.S.

Retirement Board Abused Its Discretion in Disability Benefits Denial

Guest Contributor

25 Aug 202222 Sep 2022

By Morgan Lewis & Bockius LLP 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: The U.S. District Court for the Northern […]

Employee Benefits ERISA Investments Multiemployer Regulatory Retirement U.S.

Know Your Plan Custodian: What Does a Benefits Plan Custodian Do?

Kathy Bergstrom, CEBS

24 May 202120 May 2021

As the safekeeper of plan assets, custodians are among the service providers that multiemployer benefit plan trustees have a fiduciary duty to monitor. Yet plan custodians are not discussed as often as other service providers—especially those referred to as the A-Team: the […]

Employee Benefits Investments Retirement U.S.

Who Is an ERISA Fiduciary Now, and What Should One Be Doing?

Jenny Gartman, CEBS

28 Sep 202028 Sep 2020

The definition of a fiduciary under ERISA has fluctuated in the past decade. In 2016, the Department of Labor (DOL) issued a rule redefining the meaning of the term fiduciary as it applies to investment professionals by replacing the five-part test originally […]