A bipartisan group of lawmakers in the U.S. House of Representatives urged President Joe Biden's administration Monday to abandon a Department of Labor proposal to expand the definition of who qualifies as a fiduciary under the Employee Retirement Income Security Act, arguing the DOL should focus attention elsewhere.
Employees will seek to revive their suit claiming Yale University mismanaged its $5.5 billion retirement plan, Republican attorneys general will try to sink Labor Department regulations on socially conscious investing, and a food services company will look to force a suit over a healthcare surcharge for nicotine users into arbitration. Here are five cases benefits attorneys should watch in 2024.
The U.S. Department of Labor on Tuesday proposed rescinding its association health plan rule that a D.C. federal court had already largely invalidated in 2019 that had relaxed the requirements for small businesses to band together to create healthcare plans that skirt certain Affordable Care Act requirements.
Federal agencies including the U.S. Department of Labor, Internal Revenue Service and U.S. Department of Health and Human Services unveiled significant rules affecting employee benefits this year, including a proposal to subject more retirement plan rollover advice to strict conflict-of-interest standards. Here, Law360 looks at four policy developments from 2023 that benefits attorneys should know.
An Eleventh Circuit panel grappled Tuesday with whether a county-run health plan's coverage exclusion for gender transition surgery amounted to unlawful discrimination, with one judge asking why upholding a transgender deputy's win in her bias case wouldn't create a "most-favored nation status for gender dysphoria."