Massachusetts Construction and Manufacturing Businesses Reopen Monday
Governor Charlie Baker of Massachusetts has unveiled his reopening plan, allowing construction and manufacturing industries, along with places of worship, to open on May 18 as long as these businesses comply with mandatory social-distancing guidelines….
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DOL Relaxes Deadlines for ERISA-Governed Group Health Plans
In step with the U.S. Department of Treasury and the IRS, the U.S. Department of Labor published deadline leeway and direction for ERISA-related group health and welfare plans regulated by the Employee Retirement Income Security…
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Can Employees Who Didn’t Read Benefit Disclosure Still Sue?
A U.S. Supreme Court decision from a few months ago has resulted in a ruling that is potentially helpful for plaintiffs/lawyers to bring ERISA actions. The United States Supreme Court decided in Intel Corp v….
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Western New York Non-Essential Construction to Gradually Resume Tuesday
On May 18, 2020, New York Governor Andrew Cuomo stated Western New York will commence a gradual reopening process to allow non-essential construction, manufacturing, and wholesale trade establishments to resume operations this Tuesday. This rule…
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New House-Passed HEROES Act Includes Retirement Clarity
The novel $3 trillion stimulus bill, passed on May 15, encompasses retirement initiatives voiced by the American Retirement Association. The House of Representatives signed off on the “Health and Economic Recovery Omnibus Emergency Solutions” (HEROES)…
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Vermont Reopens Manufacturing & Construction Industries after COVID Cases Drop
The Governor of Vermont Phil Scott is allowing construction and manufacturing establishments to resume full operations on May 11, 2020. However, the Governor requires these companies to obey “stringent requirements” to safeguard employees and customers…
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How Errors & Omissions Coverage Protects Pension Professionals from Costly Mistakes
It can be difficult for pension professionals to juggle servicing multiple employee benefit plans at once. With Errors and Omissions protection, pension professionals safeguards against covered losses from any actual or alleged negligent act, error, or…
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New Jersey Will Resume Non-Essential Construction
On May 13, as a firm step on the road back to normalcy in the Garden state, New Jersey Governor Phil Murphy enacted a novel Executive Order allowing the resumption of non-essential construction, along with…
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4 Plan Sponsor Action Plans During COVID-19
As the dynamic ripples of the COVID-19 pandemic continue to sculpt the current marketplace, it is vital for plan sponsors to augment their establishment’s retirement plans for what may lie ahead. Warranting the efficiency of…
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