Retirement Benefits Categories

All Items: Retirement Benefits

  • State Payroll Deduction Auto-IRAs Authorized by DOL

    Date:
    September 1, 2016

    In the interest of encouraging retirement savings to protect the economic security of older Americans, the Department of Labor's Employee Benefits Security Administration has issued a final rule guiding states on how to design payroll deduction savings initiatives with automatic employee enrollment (auto-IRAs) without being preempted by the Employee Retirement Income Security Act (ERISA). The final rule also provides guidance to the employers that eventually may be required to offer such programs to employees.

  • Retirement Plan Lawsuits Against Top Universities Could Spark Trend

    Date:
    August 19, 2016

    Class-action lawsuits have been filed against nine of the nation's top universities claiming that employees and retirees were forced to pay millions of dollars in excessive fees relating to their 401(k) and 403(b) accounts in violation of the Employee Retirement Income Security Act (ERISA).

  • DOL Finalizes ERISA Fiduciary Rule

    Date:
    April 12, 2016

    The US Department of Labor has released its Final Fiduciary Rule under the Employee Retirement Income Security Act (ERISA). The Final Rule streamlines many of the more burdensome aspects of the proposed rule and stresses the importance of eliminating any potential conflicts of interests.

  • Federal Court Denies Motion to Dismiss ERISA Proposed Class Action

    Date:
    March 4, 2016

    A federal court has denied an employer's motion to dismiss a proposed class action lawsuit, Marin v. Dave & Buster's, Inc. The lawsuit alleges that the employer violated the Employee Retirement Income Security Act (ERISA) by reducing workers' hours in anticipation of higher costs under the Affordable Care Act (ACA).

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News: HR guidance on helping employees prepare for retirement.