McDermott Will & Emery
Subscribe to McDermott Will & Emery's PostsMcDermott Webcast Discussing Service Provider and Participant Disclosure Rules and Electronic Delivery Guidance
By McDermott Will & Emery on Mar 13, 2012
Posted In Fiduciary and Investment Issues
The U.S. Department of Labor (DOL) recently issued final regulations relating to service provider fee disclosures to plan fiduciaries under Section 408(b)(2) of the Employee Retirement Income Security Act of 1974, as amended (ERISA) which affect the participant fee disclosure regulations under Section 404(a) of ERISA finalized by the DOL in October 2010. Under the...
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Qualifying Period for Unfair Dismissal of Employees in the UK to Increase to Two Years’ Continuous Service from April 6, 2012
By McDermott Will & Emery on Mar 6, 2012
Posted In Employment
by Katie L. Clark What is changing? From April 6, 2012, the length of continuous service needed by an employee in the UK to qualify: To bring a standard unfair dismissal claim; and To request a written statement setting out the reasons for his/her dismissal will increase from one year to two years. Will this...
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Summary of Benefits and Coverage Disclosure Requirements
By McDermott Will & Emery on Feb 16, 2012
Posted In Employment, Health and Welfare Plans
by Amy M. Gordon, Joanna C. Kerpen and Susan M. Nash Recently issued final regulations and related guidance clarify the requirement under the Patient Protection and Affordable Care Act that group health plans and health insurance issuers provide a summary of benefits and coverage and a uniform glossary. The guidance includes final regulations and sample...
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UK Employment Law Round Up: 2011 Learning Points and How we Can Help in 2012
By McDermott Will & Emery on Feb 1, 2012
Posted In Employment
A lot has happened in the area of UK employment law in 2011, and there are many issues to consider as we plan for 2012. We are pleased to provide a resource of information following a recent webinar, which reflects on key learning points from 2011, and discusses what to look forward to as an...
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HHS Provides Additional Guidance on Health Plan Coverage of Contraceptive Services by Nonprofit Religious Employers
By McDermott Will & Emery on Jan 30, 2012
Posted In Employment, Health and Welfare Plans
by Amy Gordon and Susan Nash The Patient Protection and Affordable Care Act (PPACA) requires non-grandfathered group health plans to provide coverage for certain preventive services on a first dollar basis (i.e. without deductibles, co-payments, co-insurance or other cost-sharing). Interim final regulations provide an exemption for a very narrow subset of religious employers with respect...
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IRS Issues Revised Guidance on W-2 Reporting Requirements for Employer-Sponsored Health Plan Coverage
By McDermott Will & Emery on Jan 30, 2012
Posted In Employment, Health and Welfare Plans
by Amy Gordon, Susan Nash and Ashley McCarthy The Internal Revenue Service (IRS) has issued revised guidance, Notice 2011-28, regarding the requirement under the Patient Protection and Affordable Care Act (PPACA) that employers report to employees the cost of their employer-sponsored group health plan coverage on Forms W-2. This requirement applies to calendar year 2012...
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Workplace Violence
By McDermott Will & Emery on Dec 19, 2011
Posted In Employment, Labor
by Heather Egan Sussman, Arthur G. Sapper and Bethany K. Hatef During the holiday season, stress can run high. Holidays can bring less sleep, increased pressures and even family tension. This can affect the workplace and increase the risk of confrontation or even violence. The Occupational Safety and Health Administration (OSHA) recently issued its first...
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Transit Pass and Vanpool Benefits to Shrink to $125 Per Month in 2012
By McDermott Will & Emery on Dec 7, 2011
Posted In Employment
by Ira B. Mirsky and Ralph DeJong Millions of people across the United States will experience a significant increase in the cost of their daily commute to work, and many employers will suffer a corresponding increase in payroll taxes for 2012 and beyond, unless U.S. Congress acts before the end of 2011. The reduction will...
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DOL to Re-Propose “Fiduciary” Definition Regulation in Wake of Considerable Criticism
By McDermott Will & Emery on Nov 21, 2011
Posted In Fiduciary and Investment Issues, Retirement Plans
by Jonathan J. Boyles, Karen A. Simonsen and Ashley McCarthy The U.S. Department of Labor recently withdrew a proposed regulation that would have substantially expanded the definition of “fiduciary” under federal employee benefits law. The regulation will be re-proposed in early 2012, although it is unclear whether any proposal will be finalized prior to the...
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Employee Benefits & Compensation: What You Should Do Before Year End
By McDermott Will & Emery on Nov 7, 2011
Posted In Employee Stock Ownership Plans (ESOPs), Employment, Executive Compensation, Fiduciary and Investment Issues, Health and Welfare Plans, Labor, Retirement Plans
Friday, November 18, 2011 10:00 – 11:00 am CST As the year draws to a close, please join us for a focused and concise update on the most important employee benefit issues. Mark your calendars McDermott Will & Emery will present a 60-minute complimentary webcast, hosted by the leaders of our employee benefits and compensation...
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