Tags » ERISA

DOL Audit---Are you ready?

The Department of Labor (DOL) has broad authority to investigate or audit an employee benefit plan’s compliance with the Employee Retirement Income Security Act (ERISA). Audits are performed by the DOL’s Employee Benefits Security Administration (EBSA). 148 more words

Benefits

En Banc Sixth Circuit Ruling on Remedies for Denial of ERISA Welfare Benefits

Earlier this month, in Rochow v. Life Ins. Co. of No. Amer., No. 12-2074, 2015 U.S. App. LEXIS 3532 (6th Cir. March 5, 2015), a divided Sixth Circuit, sitting… 331 more words

Employment Practices

Severance Agreements, COBRA and the ACA

By now you know that a number of different laws (and governing bodies) impact your severance arrangements. You know that  waivers need to withstand EEOC scrutiny (click… 1,183 more words

ACA

Health & Welfare Match Game

One recent development in the world of the DOL is an automated process that the DOL has with the efast2 Form 5500 database. This particular process reviews the database for plans that file a form 5500 for a retirement plan, but have not filed a separate Form 5500 for a health and welfare plan.

Employee Benefit Plans

Should You Create an ERISA Severance Plan?

Last week we looked at whether your severance arrangement might in reality be an ERISA severance plan. Click here if you missed it. Let’s re-visit our fictitious employer, Wonderful Widgets (or W.W). 1,120 more words

Severance Agreements

ERISA Compliance FAQs: Enforcement

The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for employee benefit plans maintained by private-sector employers. ERISA includes requirements for both retirement plans (for example, 401(k) plans) and welfare benefit plans (for example, group health plans). 99 more words

Employee Benefits