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New Legislation Regulatory Reform Employee Benefits

Sheppard Mullin Richter & Hampton LLP

What Employers Should Know About the One Big Beautiful Bill Act (OBBBA)

On July 4, 2025, H.R.1, or what is being called the One Big Beautiful Bill Act (“OBBBA”), was signed into law, introducing major reforms in tax and employee benefits that affect businesses and their employees. OBBBA is an...more

Ballard Spahr LLP

The OBBBA’s Impact on Employee Benefits and Executive Compensation

Ballard Spahr LLP on

H.R.1—the One Big Beautiful Bill Act (OBBBA)—contains several provisions that directly affect employer-provided benefit programs, primarily health and welfare programs....more

Saul Ewing LLP

Trump’s Megabill: Expanding Choice With Health Savings Accounts

Saul Ewing LLP on

On July 4, 2025, President Trump signed the reconciliation bill entitled An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14 (“Act”) into law. The changes proposed in the earlier House version of the...more

Mayer Brown

The Pensions Brief: July 2025

Mayer Brown on

The government has also published a roadmap setting out its overarching aims for its reforms to workplace pensions as well as indicative timing for implementation of the Bill. The roadmap indicates that the reforms will come...more

Mayer Brown

Broader Investment Options on the Horizon for Section 403(b) Retirement Plans

Mayer Brown on

AT A GLANCE - There is currently a disparity in the permitted investment options available under different retirement plans, putting participants of Section 403(b) plans at a disadvantage when compared with participants of...more

Mayer Brown

UK Reforms to the Rules on Surplus Release From DB Pension Schemes

Mayer Brown on

AT A GLANCE - The government will make release of surplus from ongoing defined benefit (DB) pension schemes easier....more

Hogan Lovells

Slow burn – UK government launches parental leave review

Hogan Lovells on

The UK government opens a far reaching review into parental leave and pay, including maternity, paternity and shared parental leave. It wants to improve support for working families, while growing the economy and removing...more

A&O Shearman

UK Pensions: What’s new this week? June 9, 2025

A&O Shearman on

Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. Government to legislate to help with Virgin Media issues - The...more

Mayer Brown

"Game-Changing" Pensions Reform – The Pension Schemes Bill is Published

Mayer Brown on

The long-awaited Pension Schemes Bill has been laid before Parliament. Described by the government as a "game changer", it aims to increase members' pension pots and deliver a £50 billion investment into the UK economy. The...more

Hogan Lovells

HL UK Pensions Law Digest 9 June 2025

Hogan Lovells on

Welcome to our latest update, in which we cover:  The long-awaited Pension Schemes Bill was introduced in Parliament on 5 June 2025. Many of the provisions are no surprise, as they will give legal effect to proposals which...more

Mayer Brown

Pension Megafunds and Mandated Asset Allocation – The Government Confirms its Plans

Mayer Brown on

The government has published the Final Report of its Pensions Investment Review, together with a response to its consultation on unlocking the UK pensions market for growth. These confirm that the government will proceed with...more

A&O Shearman

UK Pensions: Joint DB & DC trustee agenda update—June 2025

A&O Shearman on

Welcome to our monthly update on current legal issues for trustees of DB and hybrid pension schemes, designed to help you stay up to date with key developments between trustee meetings and to support the legal update item on...more

Husch Blackwell LLP

Missouri Legislature Passes Bill Repealing Paid Sick Leave Mandate and Amending Minimum Wage Law: What Employers Need to Know

Husch Blackwell LLP on

In the evening hours of May 14, 2025, the Missouri Senate passed House Bill 567 (the Bill) which effectively repeals the requirements of Proposition A. The Senate adopted the House version of the Bill without adding any...more

Winthrop & Weinstine, P.A.

Legislative Top 5 – May 2025 #2

With the end of the 2025 legislative session fast approaching, legislators are working to approve the omnibus finance bills necessary to implement a FY 2026-2027 Biennial Budget. Legislative leaders and the Governor continue...more

BCLP

Abolition of MPF Offsetting Mechanism in Hong Kong

BCLP on

From 1 May 2025, in respect of Hong Kong’s MPF scheme, the MPF offsetting mechanism will be abolished, meaning that employers no longer will be able to use the accrued benefits of their mandatory contributions under the...more

A&O Shearman

Germany: employment law aspects of the coalition agreement at a glance

A&O Shearman on

The coalition agreement between the CDU/CSU and the SPD, titled “Responsibility for Germany,” was announced on April 9, 2025. It outlines the future political strategy for Germany, addressing several aspects of employment...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 22 - February 2025

Lawmakers and lobbyists watching the Georgia State Senate on Monday saw a lot of green and red, but it wasn’t exactly Christmas. While some state agencies and contractors stand to see a few extra greenbacks in the Senate...more

Seyfarth Shaw LLP

Washington Saves; Washington State’s New State-Mandated Retirement Program

Seyfarth Shaw LLP on

On March 28, 2024, Washington State’s Governor, Jay Inslee, signed into law a bill that creates a new state-run retirement program called “Washington Saves.” Under the program, “covered employers” must give “covered...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 37 - March 2024

Senate committee meetings continue under the Gold Dome as this report is published on Wednesday. With the Senate’s requirement that bills pass out of committee before the chamber convenes for Legislative Day 38, legislators...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 31 - March 2024

The Georgia House of Representatives took up a veritable smorgasbord of legislation on Thursday. From the establishment of a license plate commemorating America’s semiquincentennial (SB 369), to allowing lifetime appointment...more

McDermott Will & Schulte

IRS Says Keep Those Class Exclusions Classy Under Long-Term, Part-Time Employee Rules

McDermott Will & Schulte on

In this series of articles, we explore the implications of the long-term, part-time employee rules under the SECURE Act and SECURE 2.0 and the impact those rules have on employers and their workforces. Together, the...more

Greenberg Glusker LLP

What Businesses Need to Plan for in 2024

Greenberg Glusker LLP on

From the shifts in e-commerce litigation to the impending implementation of the Corporate Transparency Act, below are some key legal updates that are crucial for businesses to be aware of as 2024 approaches... Originally...more

Groom Law Group, Chartered

Tax-Exempt and Church Plan Highlights From SECURE 2.0

The wide-ranging SECURE 2.0 Act of 2022 (“SECURE 2.0”) radically altered the retirement plan landscape, and is likely to create a significant number of action items for sponsors of retirement plans for tax-exempt entities and...more

Polsinelli

SECURE 2.0: Retirement Plan Rules Get a Makeover!

Polsinelli on

SECURE 2.0, which was signed into law on December 29, 2022 as part of the larger Consolidated Appropriations Act, is the most wide-sweeping retirement plan legislation enacted in more than a decade. It contains a myriad of...more

McDermott Will & Schulte

SECURE 2.0 Takes Second Bite at Retirement Security

The US Congress recently passed the SECURE 2.0 Act of 2022 (SECURE 2.0). Building on the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 (SECURE 1.0), SECURE 2.0 strives to expand retirement plan...more

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