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AARP vs. EEOC: Is it Even a Big Deal for Wellness Programs?
February 27, 2018 WEBCAST
WellRight

Negotiating Employment and Severance Agreements: Issues Benefits and Employment Lawyers Should Watch For
February 22, 2018 WEBCAST
ALI-ABA [American Law Institute-American Bar Association]

Executive Compensation 2018: Strategy, Design, and Implementation
June 14, 2018 in NY
ALI-ABA [American Law Institute-American Bar Association]

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Maryland Adopts Paid Sick and Safe Leave Law
"The Healthy Working Families Act does not require an employer to modify an existing paid leave policy, provided that the policy allows employees to accrue and use leave under terms and conditions that are at least equivalent to the leave provided by the legislation.... Employers have a very limited right to request verification that the leave is being used for an intended purpose.... Employees must be given notice of their entitlement to leave and of the legislation's provisions, including its anti-retaliation provisions and complaint mechanisms."
McGuireWoods

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WEB members represent more than 25 professions and 30 areas of expertise within the pension and benefits industry -- administrators, consultants, attorneys, accountants, investment managers, communications experts and benefits managers. Join today .

Why Investing in an HSA Is Not the Same as a 401(k) (PDF)
14 pages. "The HSA market has grown rapidly since its inception in 2004, garnering comparisons to the early 401(k) market which has exceeded $5 trillion in assets ... While the two accounts are often compared at a high level, [this whitepaper takes] an in-depth look at the benefits and limitations of each account highlighting three reasons investing in an HSA is more nuanced than its 401(k) counterpart."
Devenir

The CHIP Extension: Potential Impacts for Employers
"Increased costs and reduced eligibility in CHIP will force families utilizing this coverage to re-evaluate their options as the program adjusts to these changes.... Employers could see an increase in the number of children covered on their plans as impacted families look for alternative coverage options."
Hill, Chesson & Woody

ACA Cadillac Tax Delayed by Two More Years
"The Cadillac Tax was originally intended to go into effect in 2018, but President Obama delayed the effective date until 2020. The Act now delays the Cadillac Tax until 2022. The Act also affects implementation of two other ACA taxes: the medical device tax has been delayed until 2020; and while the Health Insurance Tax will be collected this year, it will be suspended during 2019 and then come back in 2020."
Morgan Lewis

As States Target High Drug Prices, Pharma Targets State Lawmakers
"With federal officials seemingly unwilling or unable to come up with legislation to control skyrocketing drug prices, that task is increasingly moving to the states. But so is pharma muscle and money opposing the measures ... [The Pharmaceutical Research and Manufacturers of America (PhRMA)] set the stage in 2016 by establishing a group that ultimately spent $110 million to defeat a high-profile California ballot initiative requiring state agencies to pay no more for drugs than does the federal Department of Veterans Affairs. A PhRMA-linked group spent more than $50 million to defeat a similar ballot measure last year in Ohio."
Kaiser Health News

Estee Lauder Launches Student Loan Contribution Benefit
"The New York City-based conglomerate ... partnered with student loan payback platform Tuition.io to administer a monthly $100 contribution to an employee's student loans. The contribution caps at $10,000."
Employee Benefit News

Steps for Making Employee Benefits a Year-Round Conversation
"Find the resources to help you create and deploy your communications. As you develop your communications, keep the these things in mind: Stick with one or two topics for each communication (unless you're doing a newsletter); keep your content short (use bullet points where you can) and engaging -- let employees know what's in it for them up front and early on; avoid attaching files to emails; and if you can use short videos to communicate information, do it."
Willis Towers Watson

Delaware Court Case May Have Far Reaching Effects on Director Compensation
"According to the Court's decision, the presence or absence of [prescribed annual] limits will determine whether director compensation is reviewed by Delaware courts under the business-friendly 'business judgment rule' or the more stringent 'entire fairness' standard if the compensation is challenged in a shareholder suit. Beyond the applicable legal standard of review, the Court's decision may increase the prevalence of 'strike' suits against public companies challenging director compensation." [ In re Investors Bancorp, Inc. Stockholder Litigation , No. 169, 2017 (Del. Dec. 19, 2017)]
Meridian Compensation Partners, LLC

Overpayment of Dependent Care FSA Reimbursement Claim
We have made payments to an employee on her dependent care FSA claims in error as her account was not funded to cover them. She is now leaving the organization. Can we recoup the funds paid in error from her last paycheck (as she has requested)?
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Press Releases

Cigna Increases Minimum Wage to $16 an Hour and Further Accelerates Investments in Employees and Community Health Cigna

Preeminent ERISA Law Firm Reinforces its Executive Compensation Practice with the Addition of Mark Poerio Wagner Law Group P.C.

PlanPILOT Named to 2018 PLANADVISER Top 100 Retirement Plan Advisers PlanPILOT

NFP Acquires Heritage Benefits, LLC NFP Corp.

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