Benefits Security News Today

Last week, the departments of the Treasury, Labor and Health and Human Services (collectively, the Departments) published long-awaited proposed regulations intended to clarify and improve...

Seyfarth Synopsis: Employer health plan sponsors, administrators, and insurers have been eagerly awaiting the U.S. Department of Labor's upcoming guidance on mental health parity.

Last week, in part one of our two-part Summer Forecast of labor and employment–related legislative and agency developments, the Buzz took a look at the U.S. Congress and what our legislators might...

The DOL proposed a new rule that would allow fiduciaries to consider ESG issues and risk in investment decisions after not enforcing a Trump-era ESG rule.

Friday, July 30, 2021 Infrastructure Bill: Game On!  After weeks of negotiating, there is finally bipartisan agreement in the U.S. Senate to move forward with a $550 billion bill to fund the repair and construction of physical infrastructure such as roads, bridges, rail lines, and water systems. There is no text for the bill yet, but legislative text is expected this weekend, and the Senate is expected to work on the bill next week. As the  Buzz has discussed recently, this bipar...

RETIREMENT PLAN DEVELOPMENTS DOL Finalizes Pooled Plan Provider Registration Requirements The U.S. Department of Labor (DOL) finalized registration requirements for "pooled plan providers" offering "pooled employer plans" through its final regulation, which became effective on November 16, 2020. Beginning on January 1, 2021, the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) authorizes newly permitted pooled plan providers to begin offering pooled employer plan...