As many employers are on the way to normalizing their business practices and re-engaging their employees, they should not overlook the many potential pitfalls in the administration of their retirement, health and welfare...more
8/27/2020
/ Compensation & Benefits ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Employee Benefits ,
Executive Compensation ,
Furloughs ,
Health and Welfare Plans ,
Hiring & Firing ,
Infectious Diseases ,
Layoffs ,
Re-Opening Guidelines ,
Retirement Plan
The Internal Revenue Service recently issued proposed regulations under Section 457 of the Internal Revenue Code (the “Code”) that prescribe rules regarding deferred compensation plans sponsored by state and local governments...more
The IRS issued Notice 2015-49 (the "Notice") on July 9, 2015, effectively ending the ability of sponsors of qualified defined benefit pension plans ("DB Plan") to "de-risk" their plans by offering participants in pay status...more