Search form

Employee Benefits for Employers - Winter 2015

  • December 21, 2015

In this issue:

A Troubling Expansion of Successor Liability. Under the Employee Retirement Income Security Act (“ERISA”), as amended by the Multiemployer Pension Plan Amendments Act (“MPPAA”), an employer that has assumed an obligation to contribute to and subsequently withdraws from a collectively-bargained and jointly-administered defended benefit pension plan (a “multiemployer plan”) is liable for its allocable share of any underfunding. This “withdrawal liability” has become a significant issue since 2008, due to the economic and investment impact of the recession, historically low interest rates, declining plan participation, and an increase in the number of retirees, among other things.

Insight…More on Health Care Reform in the U.S. Supreme Court Expected: Just How Far Does ERISA’s Preemption Reach? Some states are mandating that public and private health care providers, insurers, plans and third party administrators (TPAs) submit claims data and related information to their health care database, purportedly to help analyze and control health care cost and effectiveness.

Featured Lawyer: Melissa Ostrower. Ms. Ostrower is a shareholder in Jackson Lewis’ New York City office. She has extensive experience with executive compensation and all aspects of employee benefits counseling.

Recent Developments. Recent developments in benefits-related law that you need to be aware of.

Media. See which outlets Jackson Lewis’ employee benefits attorneys have recently appeared in.

Honors. The firm recently received some top rankings.

Upcoming Seminars. Join us for a benefits seminar near you!

©2015 Jackson Lewis P.C. This Update is provided for informational purposes only. It is not intended as legal advice nor does it create an attorney/client relationship between Jackson Lewis and any readers or recipients. Readers should consult counsel of their own choosing to discuss how these matters relate to their individual circumstances. Reproduction in whole or in part is prohibited without the express written consent of Jackson Lewis.

This Update may be considered attorney advertising in some states. Furthermore, prior results do not guarantee a similar outcome.

Jackson Lewis P.C. represents management exclusively in workplace law and related litigation. Our attorneys are available to assist employers in their compliance efforts and to represent employers in matters before state and federal courts and administrative agencies. For more information, please contact the attorney(s) listed or the Jackson Lewis attorney with whom you regularly work.

See AllRelated Articles You May Like

November 16, 2017

Puerto Rico Labor Department Updates Regulations on Payment of Annual (Christmas) Bonus

November 16, 2017

Employers in Puerto Rico must comply with updated regulations on the payment of the generally required annual bonus to eligible employees. The Puerto Rico Department of Labor (DOL) updated the regulations, effective October 18, 2017, following legislation adopted early in the year. Under Puerto Rico Act No. 148 of 1969, employers in... Read More

October 26, 2017

Puerto Rico Agencies Issue Employee-Related Guidance, Tax Relief in Wake of Hurricane

October 26, 2017

The passage of Hurricane María through Puerto Rico in September 2017 left catastrophic damages. In an effort to encourage employer assistance and provide temporary economic relief to employees in Puerto Rico, local government agencies have issued the following measures and guidance related to employers concerning their employees.... Read More

September 7, 2017

Employee Benefits Newsletter – Summer/Fall 2017

September 7, 2017

In this issue: Proving Loss Causation in Breach of Fiduciary Claims – The Split Widens. Analysis of recent litigation trends involving loss causation, an important burden-of-proof issue in ERISA fiduciary claims. Executive Compensation and Employee Benefits in Mergers and Acquisitions. A summary of the most significant compensation... Read More

Related Practices