This article is an excerpt from the forthcoming Second Edition of Collier
Monograph: Employee Benefits and Executive Compensation in Corporate
Bankruptcy , written by John R. Cornell, Daniel C, Hagen, Tricia
Eschbach-Hall and Lisa Rothman Jesner. The authors are lawyers with the
Employee Benefits Guide provides detailed analysis
of the statutes, regulations, case law, and opinion letters relating to
employee benefits. It examines coverage under the Employee Retirement Income
Security Act of 1974 (ERISA); ERISA's reporting and disclosure provisions;
qualified and nonqualified...
Myers and Mark Smith
In December 2010, the principal regulators of U.S.
employee benefits published their guidance plans for the coming months.
On December 7, 2010, the U.S. Treasury
Department and the Internal Revenue Service (IRS) released their 2010-2011
Priority Guidance Plan , often...
As of July 1, 2012, covered employers in Philadelphia are now required to afford sick leave to certain employees. Here is a copy of the new law. You'll also need to read this bill to have any chance at making heads or tails of the new sick-leave requirements.
Who is a covered employer?
by Keisha N. Jackson
As health care costs continue to rise, many employers are
considering creative solutions for keeping costs low without drastically
changing the benefits offered to active employees. Active employees who
have spouses on Medicare or who are themselves eligible for Medicare may...
WASHINGTON, D.C. — (Mealey’s) A beneficiary’s claim for wrongful denial of disability benefits under the Employee Retirement Income Security Act does not accrue for limitations purposes until the plan’s internal benefits resolution process has been exhausted, notwithstanding a...
by Ann Kontner
Good news may be on the horizon for those employees who find they are scrambling to buy an extra pair of glasses or rush to the dentist in order to spend the remaining funds in their Health Flexible Spending Account (HFSA or FSA) before the end of the plan year. On October 31, 2013...