Employment Law News and Insights

The Employee Benefits Security Administration (EBSA) is charged with ensuring that plans comply with ERISA, including the Mental Health Parity and Addiction Equity Act (MHPAEA).  EBSA recently released its MHPAEA report for Fiscal Year (FY) 2019.  We provide below highlights from EBSA's report and also note some comparisons to FY...

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Highlights The international health crisis caused by the coronavirus (COVID-19) has created unchartered territory for retirement plan sponsors and plan administrators contemplating potentially long-term changes in the workforce and the financial stability of the plan sponsors and plan participants. The current retirement plan rules and potential new congressional legislation being...

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Seyfarth Synopsis: Several deadlines established by the IRS to adopt amendments or restatements to employer-sponsored retirement plans, and in this instance specifically, to 403(b) plans maintained by tax-exempt entities and pre-approved defined benefit pension plans maintained by any employer, were fast approaching. On March 27, the IRS extended these upcoming deadlines...

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