Pensions & ERISA

DOL issues new regulation imposing fee disclosure rules on service providers to ERISA retirement plans

Dechert
July 2010

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Regulations provide guidance on required fee disclosures 

DLA Piper
July 26, 2010

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Third Circuit Prevents Plan Sponsor From Eliminating Retiree Benefits in Bankruptcy [IUE-CWA v. Visteon Corp. (In re Visteon Corp)]

Bracewell & Giuliani
July 27, 2010

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New Fee Disclosure Rules Require Action by Plan Fiduciaries and Service Providers of Defined Contribution and Defined Benefit Pension Plans

Troutman Sanders
July 27, 2010

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IRS Issues Guidance on Basis Reporting Errors

Groom
July 26, 2010

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President Signs Pension Relief Bill: Funding Help but at a Cost

McGuireWoods
July 22, 2010

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DOL Publishes Interim Final ERISA Regulation on Service Provider Disclosure Obligations

Morgan Lewis
July 21, 2010

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What a Relief?—Congress Finally Passes Pension Funding Legislation

Jones Day
July 2010

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Dodd-Frank Wall Street Reform and Consumer Protection Act - Impact on Plans and Plan Service Providers

Groom
July 21, 2010

Please see our Hot Topics for more on Dodd-Frank Act in general and its implications for Employee Benefit Plans more specifically

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DOL Issues New ERISA Disclosure Requirements for Retirement Plan Service Providers

Sutherland
July 20, 2010

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Third Circuit: Terminable-At-Will Retiree Benefit Plans Still Subject to Section 1114 Procedure [In re Visteon Corp]

Pepper Hamilton
July 20, 2010

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Fiduciaries breached duty of prudence by investing in retail share classes [Tibble v. Edison International]

Nixon Peabody
July 20, 2010

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Third Circuit Extends Section 1114 Protection to Non-Vested Retiree Benefits [In re Visteon Corp., et al]

Groom
July 19, 2010

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What Dodd-Frank Means for Plans and Swaps

Stroock
July 19, 2010

Please see our Hot Topics for more on Dodd-Frank Act in general and its implications for Employee Benefit Plans more specifically.

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ERISA QPAM Exemption Amended to Cover QPAM In-House Plans

Paul Hastings
July 19, 2010

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U.S. Department of Labor Issues Updated Proposed Investment Advice Regulations

McDermott Will & Emery
July 19, 2010

Please see our Hot Topics for more on this subject.  

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IRS Increases Scrutiny of 401(k) Plans

Kilpatrick Stockton
July 14, 2010

Please see our Hot Topics for more on this subject.

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Pension Funding Relief: How It Works and Why Your Executive Compensation, Dividend and Stock Buy-Back Practices May Erode Your Potential Relief

Jenner & Block
July 15, 2010

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Department of Labor Finalizes Conditions for Financial Institutions to Serve as QPAMs to Their In-House Plans

Morgan Lewis
July 15, 2010

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SEC Proposes Rules for Marketing and Naming of Target Date Retirement Funds

Alston + Bird
July 13, 2010

Please see our Hot Topics for more on this subject. 

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QPAM Exemption Expanded to Cover Plans of Asset Managers

Seyfarth Shaw
July 13, 2010

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SEC Adopts New Rules to Curb "Pay to Play" Practices by Investment Advisers

Alston + Bird
July 8, 2010

Please see our Hot Topics for more on this subject.

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Impact of Financial Reform Legislation on Employee Benefit Plans

Morgan Lewis
July 6, 2010

Please see our Hot Topics for more on Dodd-Frank Act in general and its implications for Employee Benefit Plans more specifically.

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Plan Sponsors Have Opportunity for Relief from Pension Funding and Benefit Restrictions

Shearman & Sterling
July 1, 2010

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Pension Funding Relief Signed Into Law

Pillsbury
June 28, 2010

Please see our Hot Topics for more on this subject.  

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Put It in Writing Everywhere: Deferential Review of ERISA Plan Determinations [Jobe v. Med. Life Insurance Co]

McGuireWoods
July 1, 2010

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Second Circuit Holds Taft-Hartley Funds Are Inherently Conflicted, Potentially Affects Outcome and Scope of Future Benefit Claims Litigation [Durakovic v. Building Service 32 BJ Pension Fund]

Proskauer
June 29, 2010

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SEC Proposes New Advertising Disclosure Requirements for Target-Date Funds

Paul Hastings
June 29, 2010

Please see our Hot Topics for more on this subject.  

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US Supreme Court Grants Certiorari in CIGNA Corp. v. Amara

Mayer Brown
June 29, 2010

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President Obama Signs Pension Funding Relief into Law

Ballard Spahr
June 28, 2010

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SEC Proposes Tougher Disclosure Rules for Target Date Funds

K&L Gates
June 2010

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PBGC Provides “Box 5” Relief to Certain Premium Filers—Immediate Action May Be Required

McDermott Will & Emery
June 23, 2010

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PBGC Announces Relief for Variable Rate Premium "Catch 22"

Groom
June 18, 2010

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IRS Requires Certain 401(k) Plan Sponsors to Complete Compliance Questionnaire

Cooley
June 17, 2010

Please see our Hot Topics for more on this subject.

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Final Treasury Regulations Issued On Diversification Requirements for Defined Contribution Plans with Employer Securities

Drinker Biddle
June 15, 2010

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EFAST2 - All Electronic Filing for Form 5500

McGuireWoods
June 14, 2010

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ERISA Required Notices: How Do I Keep Track of Them All?

Jackson Walker
June 14, 2010

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Be on the Lookout for an IRS 401(k) Plan Compliance Questionnaire

Baker & McKenzie
June 10, 2010

Please see our Hot Topics for more on this subject.

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DOL Releases Final Regulations Relating to Time and Order of QDROs  

Sutherland
June 10, 2010

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FBAR Redux: Upcoming Deadline for Pension Plans

Proskauer
June 8, 2010

Please see our Hot Topics for more on FBAR.

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IRS Launches 401(k) Compliance Checklist

Groom
June 8, 2010

Please see our Hot Topics for more on this subject.

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Final Regulations Regarding Diversification Requirements for Defined Contribution Plans Holding Employer Securities

Proskauer
June 7, 2010

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Supreme Court Finds that Party Need Not "Prevail" on Merits to be Awarded Attorney's Fees Under ERISA

Kaye Scholer
June 3, 2010

Please see our Hot Topics for more on this subject.

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Multiemployer Pension Funding Reform: Helpful, But Systemic Problems Persist

Baker Hostetler
May 28, 2010

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FBAR: Deadline Approaches, Issues Remain for Employee Plans

Mayer Brown
May 27, 2010

Please see our Hot Topics for more on FBAR.

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Senate to Plans: ‘No Swaps for You!’

Stroock
May 27, 2010

Please see our Hot Topics for more on RAFSA/Dodd Bill.

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IRS Posting Questionnaires to 1,200 Sponsors of 401(k) Plans

Shearman & Sterling
May 25, 2010

Please see our Hot Topics for more on this subject.

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Are You Ready For the IRS 401(k) Compliance Check Questionnaire?

Pillsbury
May 25, 2010

Please see our Hot Topics for more on this subject.

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Supreme Court Defines Rules for Attorney's Fees under ERISA [Hardt v. Reliance Standard Life Ins. Co.]

McGuireWoods
May 25, 2010

Please see our Hot Topics for more on this subject.

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Supreme Court Decides Hardt v. Reliance Standard Life Insurance Co.

Faegre & Benson
May 24, 2010

Please see our Hot Topics for more on this subject.

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Reminder – Required 2010 Tax-Qualified Plan Amendments and January 2011 IRS Determination Letter Filing Deadline

Groom
May 25, 2010

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Supreme Court Holds that ERISA Does Not Impose “Prevailing Party” Requirement for Award of Attorneys’ Fees [Hardt v. Reliance Standard Life Insurance Company]

Sutherland
May 24, 2010

Please see our Hot Topics for more on this subject.

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Disclosure of Participation in Multiemployer Pension Plans on Financial Statements

Dorsey & Whitney
May 24, 2010

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401(k) Plan Sponsors Should Be On Alert for IRS Questionnaire

Barnes & Thornburg
May 21, 2010

Please see our Hot Topics for more on this subject. 

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IRS Launches 401(k) Compliance Check Questionnaire Project

McGuireWoods
May 20, 2010

Please see our Hot Topics for more on this subject. 

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Plan Amendments Required in 2010

Sutherland
May 18, 2010

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Victory for Plan Administrators: Supreme Court Reinforces Plan Administrator Deference with Regard to Plan Determinations and Prior Mistakes [Conkright v. Frommert]

ReedSmith
May 19, 2010

Please see our Hot Topics for more on this subject.

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Target Date Funds: Missing the Target and Hitting the Fiduciaries?

Drinker Biddle
May 20, 2010

Please see our Hot Topics for more on this subject. 

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IRS 401(k) Compliance Questionnaires Issued

Morgan Lewis
May 17, 2010

Please see our Hot Topics for more on this subject. 

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Supreme Court rejects "one strike and out" rule for deference to plan administrator's decisions [Conkright v. Frommert]

Steptoe & Johnson
May 12, 2010

Please see our Hot Topics for more on this subject.

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DOL and SEC Publish Investor Bulletin on Target Date Funds  

Sutherland
May 11, 2010

Please see our Hot Topics for more on this subject. 

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The ERISA Litigation Newsletter

Proskauer
May 6, 2010
In this Issue:

  • Supreme Court Rules That “Single Honest Mistake” Does Not Justify Stripping Administrator Of Judicial Deference
  • The Latest Uncertainty in Benefit Claim Litigation – The Proper Scope of Conflict Discovery After Glenn
  • ERISA’s Exhaustion of Administrative Remedies Requirement: An Effective Tool to Defeating Class Certification
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Title IV Basics

Groom
May 4, 2010

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DOL Issues Proposed Investment Advice Regulations

Alston + Bird
May 3, 2010

Please see our Hot Topics for more on this subject. 

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ERISA’s Revised Schedule C: Many Tentacles and Lots of Ink

Stroock
April 27, 2010

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Military Relief Under the HEART Act:: Year-End Plan Amendments Needed

Groom
April 27, 2010

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Supreme Court's Decision Strengthens Deference Afforded to ERISA Plan Administrators

Ballard Spahr
April 27, 2010

Please see our Hot Topics for more on this subject. 

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Supreme Court Rules on Level of Deference Afforded to ERISA Plan Administrators  

Sidley Austin
April 26, 2010

Please see our Hot Topics for more on this subject.

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The Supreme Court Requires Deference to Plan Administrator’s Interpretation of ERISA Plan Notwithstanding Administrator’s Prior Invalid Interpretation

Simpson Thacher
April 23, 2010

Please see our Hot Topics for more on this subject.  

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Supreme Court Decides  Conkright v. Frommer

Faegre & Benson
April 23, 2010

Please see our Hot Topics for more on this subject.  

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Supreme Court Decision in Conkright v. Frommert

Groom
April 23, 2010

Please see our Hot Topics for more on this subject. 

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US Supreme Court Releases Opinion in Conkright v. Frommert

Mayer Brown
April 22, 2010

Please see our Hot Topics for more on this subject. 

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Supreme Court Endorses Governing Standard for Mutual Fund Fees Cases Under Investment Company Act: An ERISA Perspective

Morgan Lewis
April 22, 2010

Please see our Hot Topics for more on Jones v Harris.

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Supreme Court Expands Deference Applicable to ERISA Plan Administrators [Conkright v Frommert]

Proskauer
April 21, 2010

Please see our Hot Topics for more on this subject. 

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IRS 401(k) Compliance Checklist Coming Soon

Groom
April 6, 2010

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April 30 Deadline Approaches for Restatement of IRS Pre-Approved Plans

McGuireWoods
April 5, 2010

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Supreme Court Agrees to Hear ERISA Attorney's Fee Case involving "Prevailing Party" Status [Hardt v Reliance Standard Life Insurance Co]

Nixon Peabody
From Bender’s Labor & Employment Bulletin
April 5, 2010

Please see our Hot Topics for more on this subject.

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Principal 401(k) Rollover Lawsuit - Court Denies Class Certification, Rejects Arguments that Principal Was a Fiduciary [Walsh v. Principal Life Ins. Co]

Groom
April 1, 2010

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Allocating "Basis" in Partial and Split Rollovers – Can We Still Rely on Code Section 402(c)(2)?

Groom
March 29, 2010

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The Supreme Court Adopts the Gartenberg Standard to Determine Whether an Investment Adviser Breached its Fiduciary Duty in Approving Fees

Simpson Thacher
March 31, 2010

Please see our Hot Topics for more on this subject.  

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Important Changes to Form 5500 Filing Requirements

Venable
March 2010

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ERISA 401(k) Plan Proprietary Fund Claims Dismissed in Part [Leber v. Citigroup, Inc]

Sutherland
March 23, 2010

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Proposed Rules on Investment Advice Exemption for 401(k) Plans and IRAs     

Sidley Austin
March 24, 2010

Please see our Hot Topics for more on this subject.

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PBGC Regulations May Affect Credit and Other Agreements

Dorsey & Whitney
March 23, 2010

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April 30th Deadline for Prototype and Volume Submitter Plans 

Latham & Watkins
Benefits and Compensation Update
March 18, 2010

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ERISA Litigation Update

Goodwin Procter
March 19, 2010
In this Issue:

  • Recent Settlements In 401(k) Fees Cases
  • District Court Dismisses ERISA Claims Relating to Losses in Citigroup Stock Fund
  • Controversy Continues Regarding the Scope of Section 404(c) Protection
  • MetLife v. Glenn: 18 Months Later
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A Potential New Compliance Regime for Broker-Dealers? [California Placement Agent Regs]

Squire Sanders
March 19, 2010

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Restated Prototype Plan Deadline April 30, 2010

Jackson Walker
March 17, 2010

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Department of Labor Expands Annual Reporting Requirements for Service Provider Compensation

Mayer Brown
March 17, 2010

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Schedule C: Disclosing and Documenting Eligible Indirect Compensation

Faegre & Benson
March 17, 2010

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Important April 30, 2010 Deadline for Employers Who Have Adopted Pre-Approved Retirement Plans

Venable
March 16, 2010

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DOL "Re-Proposes" Investment Advice Rules; Eliminates Class Exemption  

White & Case
March 16, 2010

Please see our Hot Topics for more on this subject.

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Schedule C of the 2009 Form 5500—Checklist for Plan Administrators

Mayer Brown
March 12, 2010

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DOL Publishes Guidance on 401(k) Plan and IRA Investment Advice

McGuireWoods
March 12, 2010

Please see our Hot Topics for more on this subject. 

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Hartford Fee Lawsuit - Court Grants Preliminary Approval of Settlement

Groom Law Group
March 11, 2010

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Department of Labor Supplements 403(b) Annuity Plan Guidance for Tax-Exempt Entities: Where Does Your Plan Stand?

EpsteinBeckerGreen
March 11, 2010

Please see our Hot Topics for more on this subject. 

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Department of Labor Proposes New Rules on 401(k) Plan Investment Advice

Pillsbury
March 10, 2010

Please see our Hot Topics for more on this subject.  

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Changes to Form 5500 Process Require Plan Sponsor Attention

Troutman Sanders
March 10, 2010

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Providing Individual Investment Advice Under Participant-Directed Plans – DOL Issues New Proposed Regulations

Drinker Biddle
March 10, 2010

Please see our Hot Topics for more on this subject. 

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DOL Proposes Revamped Rule on Investment Advice

K+L Gates
March 9, 2010

Please see our Hot Topics for more on this subject.  

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Hot Topics: Employment/Human Resources

New & Proposed Legislation/Regulation
The HIRE Act 
DOL's "Plan, Prevent, Protect" Compliance Program
Health Care Reform: All Employer-related Alerts
Health Care Reform: Group Health Plans
Health Care Reform: Nursing Mothers
Health Care Reform: Adult Children
Increased Scrutiny on Internships
IRS's Employment Audits & Employee/Contractor Misclassification Initiatives
EEOC Proposes Regulation Defining “Reasonable Factors Other Than Age” Defense under ADEA
IRS's Final Regulations For Employee Stock Purchase Plans
FMLA Overhaul 
DHS Shifts Prosecution Focus From Illegal Workers To Their Employers  
Lily Ledbetter & Paycheck Fairness Acts 
Amendments to Children’s Health Insurance Program (CHIP) 
Employee Free Choice Act  
Mental Health Parity Act

Genetic Information & Nondiscrimination Act (GINA)
The Americans With Disabilities Act (ADA & ADAAA)
Amended COBRA & Extended Health Care Benefits
DOL's Model Notices for COBRA 
Worker, Retiree, and Employer Recovery Act of 2008 
Visa Waiver Program & ESTA 
E-Verify Rules
Trio (now Quartet) of Labor Orders For Federal Contractors 
DHS's "No Match" Rules
IRS's Rule 409A: Deferred Compensation
Employee Litigation
Granite Rock Co. v. Intl Brotherhood of Teamsters
Lewis v City of Chicago & Timing of EEOC Disparate Impact Claims
Dukes v Wal-Mart: 9th Circuit Certifies Discrimination Class Action
Quon & Fourth Amendment Rights in a Communication Age  
Ricci v DeStefano & Reverse Discrimination
9th Circuit's Van Asdale on S-Ox Whistleblower Claims
Gross v FBL: Supreme Court Requires "But For" Causation in Age Discrimination Cases
Hulteen: Pregnancy Discrimination Act Not Retroactive
Crawford & Retaliation under Title VII 
14 Penn Plaza: Arbitration Requirement in CBA Upheld
Register-Guard v. NLRB: NLRB Wrong About Union E-mails
Huston v Procter Gamble: Senior Management & Liability for Sexual Harassment
Starbucks and the Pooling of Employee Tips
Does Two Member NLRB Have Authority to Issue Orders?

EEOC: Wellness Programs Can Violate ADA 
Edwards v Arthur Anderson: Non-Competes in California
Golden Gate & San Francisco's "Pay or Play" Ordinance
Sullivan v Oracle: Reach of California Labor Code
Brinker, California & Meal Periods
Indemnification of Directors (Schoon, Levy & Others)
Solis v Summit: OSHA's General Contractor Liability
The Crisis
Underwater Options
Workforce Reductions
EEOC Issues Guidance on Separation Agreements
RIFS & "Partial Plan Terminations" 
Outsourcing & The Crisis
Pensions & ERISA
Hardt v Reliance Standard & Rules for Attorney's Fees under ERISA
IRS's 401(k) Compliance Questionnaires
Target Funds
Conkright v. Frommert & Deference to ERISA Plan Administrators
Roth IRA Conversion Opportunity
DOL OKs Use Of Summary Prospectus For 401(k) Participants
IRS's New Model 402(f) Notices & Safe Harbor Language
IRS Allows 401(k) Sponsors to Suspend/Reduce Safe Harbor Non-Elective Contributions
ERISA & Exemptions to Investment Advice Regulation  
The Ex-Spouse Kennedy & ERISA Rights
Deere, ERISA & Plan Fees
DOL's Model Funding Notice & Guidance for Defined Benefit Plans
ISO and ESPP: Annual Notice & Disclosure
IRS's Section 403(b) & Tax-Deferred Annuity Plans
Section 162(m) Plans
Key State Developments
The Arizona Immigration Law
Zakrzewska v. The New School: Strict Liability for NY Managers as to Harassment Claims
Schachter v Citigroup: California Court Upholds Terms of Voluntary Equity Plan
Hernandez v. Hillsides: Guidance on Workplace  Surveillance
New Jersey's Stengart & The Ownership of E-mails
New York's "Broadcast Employees Fredom to Work Act" 
NY WARN Act
New York's Written Notice of Pay Requirements 
New York's Criminal Background Check/Hiring Rules
California's Computer-Professional Exemption 
 Miscellaneous
The New NLRB
Garden Leave Clauses

H1N1: Getting Ready

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Financial Reform: How It Will Affect Your Company's Compensation Practices

Jenner & Block
July 21, 2010

Please see our Hot Topics for more on the Corporate Governance & Executive Compensation provisions of the Dodd-Frank Act and/or implications for Public Companies.

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