Page 2 - Compensation Practice Group News Today

On March 25 and April 15, Troutman Pepper reported on the 100% federally funded COBRA premium subsidy included in the American Rescue Plan Act (ARPA), noting the need for additional...

Legal Disclaimer You are responsible for reading, understanding and agreeing to the National Law Reviews (NLR’s) and the National Law Forum LLCs  Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not b...

To print this article, all you need is to be registered or login on Mondaq.com. Many issues keep employee benefit plan administrators, committees, and sponsors (plan fiduciaries) awake at night, but cybersecurity is especially troubling for many reasons. Employee benefit plans face significant cybersecurity threats and, given the incredibly significant amount of assets involved, the consequences of even one single attack can be devastating. Further, plan fiduciaries can ...

Having an IPS Doesn’t Necessarily Increase Plan Sponsor Liability A properly drafted investment policy statement can offer guidelines and protection for plan sponsors—if it is followed. Reported by Retirement plan sponsors aren’t required by the Employee Retirement Income Security Act (ERISA) to have an investment policy statement (IPS), but it is considered a prudent practice. However, Bruce Ashton, a partner in the Faegre Drinker Biddle & Reath LLP Employee Benefits and Executive Compen...

Definition of teleworking (home office) Work supervised through electronic means or teleworking is a labor arrangement in which the employer supervises the employee, working from a location other than the employer’s physical workplace, through specific mechanisms. The physical presence of the employee is not required within the workplace. Teleworking is characterized by its reliance on IT equipment, and it uses information and communication technologies to facilitate contact and instruction b...