Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 22, 2022

The SEC’s final rule on Pay Versus Performance becomes effective on October 8, 2022, and will require new executive compensation disclosures for the upcoming proxy season (for annual proxy statements that include executive compensation disclosure for fiscal years ending on or after December 16, 2022).

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Proskauer's Employee Benefits & Executive Compensa

OCTOBER 19, 2022

This new focus on “clawbacks” is intended to give general counsels and chief compliance officers the tools to implement “responsible corporate behavior” and to foster a corporate culture that both deters and punishes risky (and possibly criminal) behavior by top executives.

Executive Compensation 52

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Benefits Notes

MARCH 31, 2021

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (the “ARPA”) into law. Many of the provisions in this sweeping legislation bring changes to the employee benefits world of which employers should take note and which are summarized below. Subsidized COBRA. Special Enrollment Period.

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McDermott Will & Emery Employee Benefits

JANUARY 11, 2023

We recently reported on an FAQ issued December 23, 2022 (FAQ About Affordable Care Act and Consolidated Appropriations Act, 2021 Implementation Part 56) by the US Departments of Labor, Health and Human Services and the Treasury (collectively, the Departments).

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Proskauer's Employee Benefits & Executive Compensa

FEBRUARY 17, 2022

Rumeld: Welcome to The Proskauer Benefits Brief: Legal Insight on Employee Benefits and Executive Compensation. When we in the ERISA community look back at 2020 and 2021, we will remember it as a historic period for fee and investment litigation. Listen to the podcast. . My name is Myron D.

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Executive Compensation Retail Employee Benefits Management 97

McDermott Will & Emery Employee Benefits

JULY 26, 2022

The tax, which went into effect on January 1, 2021, […]. The post Seattle Payroll Expense Tax Upheld by State Appellate Court appeared first on EMPLOYEE BENEFITS BLOG. City of Seattle, No. 82830-4-I, 2022 WL 2206828 (Wash. June 21, 2022).

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Proskauer's Employee Benefits & Executive Compensa

AUGUST 3, 2021

ROBERT PROJANSKY : Hello and welcome to the Proskauer Benefits Brief: Legal Insights on Employee Benefits and Executive Compensation. The series is going to focus on the interim guidance issued by the Pension Benefit Guaranty Corporation in July 2021 regarding this program. I’m Rob Projansky.

Pension 56

Pension Pension Benefit Executive Compensation Government 56

Proskauer's Employee Benefits & Executive Compensa

SEPTEMBER 13, 2021

This episode is the final installment of our three-part series on a new special financial assistance program created by the American Rescue Plan Act of 2021 for troubled multiemployer plans and the interim guidance issued by the Pension Benefit Guaranty Corporation regarding the program.

Pension 52

Pension Pension Benefit Executive Compensation Employment 52

Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 22, 2021

On October 14, 2021, the U.S. Department of Labor’s Employee Benefits Security Administration (the “DOL”) published in the Federal Register a new proposed regulation (the “Proposed Rules”) [1] on fiduciary responsibility in selecting ERISA plan investments and exercising shareholder rights (proxy voting).

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Proskauer's Employee Benefits & Executive Compensa

JULY 7, 2023

Additionally, in November 2021, the SEC indicated its concern and scrutiny of spring-loaded awards, by issuing accounting guidelines in Staff Accounting Bulletin (SAB) No. 120 , explaining how companies should properly recognize and disclose compensation cost for spring-loaded awards.

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Snell & Wilmer Benefits

FEBRUARY 21, 2022

For a calendar fiscal year employer that sponsors an annual incentive program which provides that an employee will vest in any amounts earned if the employee is employed as of the last day of the calendar year, annual incentive payments earned in 2021 must be paid on or prior to March 15, 2022 to qualify as short-term deferral payments.

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Proskauer's Employee Benefits & Executive Compensa

JANUARY 6, 2023

The Proposed Rule is the culmination of the FTC’s recent efforts, following President Biden’s July 9, 2021 Executive Order on promoting competition in the economy, to enhance its scrutiny of anticompetitive practices and policies in the workplace.

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