Wrong assumptions plan sponsors make

“My plan only has $3 million in it. How much ERISA exposure could we have?” This question from a client who wondered whether it was worth the cost of putting in written plan policies and controls got me to thinking about why this misconception is so common. Small plan violations can result in very large […]

New Obamacare lawsuit looks like another loser

(Bloomberg Opinion) – A lawsuit against the Affordable Care Act may well turn out to be a bigger story in the news than in the courts. When the Donald Trump administration declined to defend the law, and partly endorsed the lawsuit, critics denounced it for flouting its alleged duty to defend duly enacted federal laws […]

Keeping compliant: Pay equity law updates

New Connecticut pay equity law On May 22, 2018, Connecticut Gov. Dannel P. Malloy signed Public Act No. 18-8, “An Act Concerning Pay Equity,” into law. The new Connecticut law follows a recent trend by states to enact laws prohibiting employers from seeking salary history from prospective employees. Connecticut now joins California, Delaware, Massachusetts (see below), […]