ERISA (Employee Retirement Income Security Act)
Employment glossary definition of ERISA (Employee Retirement Income Security Act).
View ArticleCompliance, Reporting and Disclosure Requirements: Federal
This section helps HR professionals comply with the complex regulatory requirements governing employee benefit plan administration.
View ArticleRetirement Benefits Handbook Statement
Employers seeking to advise employees of any retirement benefits offered to employees as part of their overall benefits package should consider including this model policy statement in their handbook.
View ArticleERISA: Fiduciary and Disclosure Duties
The Employee Retirement Income Security Act (ERISA) requires plan sponsors to meet fiduciary, reporting and disclosure requirements. ERISA also sets minimum standards for participation, vesting,...
View ArticleFederal Court Denies Motion to Dismiss ERISA Proposed Class Action
A federal court has denied an employer's motion to dismiss a proposed class action lawsuit, Marin v. Dave & Buster's, Inc. The lawsuit alleges that the employer violated the Employee Retirement...
View ArticleDOL Finalizes ERISA Fiduciary Rule
The US Department of Labor has released its Final Fiduciary Rule under the Employee Retirement Income Security Act (ERISA). The Final Rule streamlines many of the more burdensome aspects of the...
View ArticleRetirement Plan Lawsuits Against Top Universities Could Spark Trend
Class-action lawsuits have been filed against nine of the nation's top universities claiming that employees and retirees were forced to pay millions of dollars in excessive fees relating to their...
View ArticleState Payroll Deduction Auto-IRAs Authorized by DOL
In the interest of encouraging retirement savings to protect the economic security of older Americans, the Department of Labor's Employee Benefits Security Administration has issued a final rule...
View ArticleDOL Issues Temporary Enforcement Policy Regarding ERISA Fiduciary Rule
The US Department of Labor (DOL) has issued a temporary enforcement policy relating to its recently proposed 60-day extension of the applicability date of the final rule defining who is a "fiduciary"...
View ArticleAuto-Enrollment IRAs Overturned Under Congressional Review Act
Congress has voted to overturn the US Department of Labor rule regarding auto-enrollment IRAs. The joint resolution now heads to the President's desk for signature.
View ArticleAuto-Enrollment IRAs Disapproved by Congress, Again
A joint resolution that nullifies a Department of Labor, Employee Benefits Security Administration rule advising states on auto-enrollment IRAs is headed to the President's desk.
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