News & Analysis as of

401k › State and Local Government › Retirement Plan

Jackson Lewis P.C.

Countdown to Compliance: What Employers Need to Know About New York’s Secure Choice Savings Program

Jackson Lewis P.C. on

New York has officially joined the growing list of states requiring certain private employers to offer retirement savings options. The New York Secure Choice Savings Program (Secure Choice or the Program) is moving closer to...more

Perkins Coie

September Tip of the Month: Employers With California Employees Must Ensure CalSavers Retirement Program Compliance

Perkins Coie on

Employers who do not sponsor a qualified retirement plan, such as a 401(k) plan, and have at least five employees in California must be sure to promptly enroll in California’s CalSavers program....more

Jackson Lewis P.C.

Don’t Forget About Mandated Retirement Plans For California Employers

Jackson Lewis P.C. on

All the way back in 2016, California passed legislation that employers who do not sponsor an employee-retirement plan must participate in a state-run retirement program. This program became known as CalSavers. While...more

Best Best & Krieger LLP

70 Years of Pension Precedent Could Soon Be Weakened by the California Supreme Court - Isabel Safie Provides Insight Into Lawsuits...

Best Best & Krieger LLP on

It’s a big litigation year for California pensions. The California Supreme Court ruled last month that San Diego’s landmark pension cutback legislation, Proposition B, was illegally placed on the 2012 ballot because city...more

Best Best & Krieger LLP

The Anticipated Demise of the Vested-Rights Doctrine - Cases Before State’s High Court Could Mean Big Changes for Retirement...

Best Best & Krieger LLP on

California’s cities are in crisis mode. With pension costs outpacing revenue growth and severely underfunded retirement systems (the California Public Employee Retirement System is only 68 percent funded), local...more

Polsinelli

House Releases Tax Bill: Talking Points and Takeaways

Polsinelli on

On November 2, 2017, the House Ways and Means Committee released the “Tax Cuts and Jobs Act” (H.R. 1). Key elements include reducing the tax rate on corporations to 20%, and reducing the tax rate paid on income earned by...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

State Run IRA Programs Can Actually Be An Opportunity for Plan Providers

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on

A few states including California are going into the retirement business. While ordinarily competition in the shape of a state government is cause for concern, I believe that it’s an actual opportunity for both third party...more

Dorsey & Whitney LLP

State Retirement Plans (3 of 3) — Will the States get it right on retirement policy?

Dorsey & Whitney LLP on

This is Part 3 of our series on State Retirement Plans. We have to admit this has been eye-opening. ...more

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