Author: James Wooten Publisher: Univ of California Press ISBN: 0520931394 Category : Medical Languages : en Pages : 433
Book Description
This study of the Employee Retirement Income Security Act of 1974 (ERISA) explains in detail how public officials in the executive branch and Congress overcame strong opposition from business and organized labor to pass landmark legislation regulating employer-sponsored retirement and health plans. Before Congress passed ERISA, federal law gave employers and unions great discretion in the design and operation of employee benefit plans. Most importantly, firms and unions could and often did establish pension plans that placed employees at great risk for not receiving any retirement benefits. In the early 1960s, officials in the executive branch proposed a number of regulatory initiatives to protect employees, but business groups and most labor unions objected to the key proposals. Faced with opposition from powerful interest groups, legislative entrepreneurs in Congress, chiefly New York Republican senator Jacob K. Javits, took the case for pension reform directly to voters by publicizing frightening statistics and "horror stories" about pension plans. This deft and successful effort to mobilize the media and public opinion overwhelmed the business community and organized labor and persuaded Javits's colleagues in Congress to support comprehensive pension reform legislation. The enactment of ERISA in September 1974 recast federal policy for private pension plans by making worker security an overriding objective of federal law.
Author: Jeffrey D. Mamorsky Publisher: Law Journal Press ISBN: 9781588520074 Category : Business & Economics Languages : en Pages : 1436
Book Description
Employee Benefits Law: ERISA and Beyond takes you step by step through these and other statutes and regulations to help ensure that your plans are properly structured, qualified and implemented.
Author: James F. Jorden Publisher: Aspen Publishers Online ISBN: 073556311X Category : Law Languages : en Pages : 1151
Book Description
Handbook on ERISA Litigation cuts through complicated statutory provisions andtells you which ERISA claims are recognized by which courts and how tolitigate them.
Author: David A. Pratt Publisher: American Bar Association ISBN: 9781616320904 Category : Law Languages : en Pages : 0
Book Description
This book offers the most up-to-date, expert information on the full spectrum of pension and benefit topics -- from an easy-to-understand explanation of ERISA and other laws regulating employee benefits plans to detailed descriptions and definitions of private retirement and welfare plans as well as public programs, such as Social Security and Medicare.
Author: Ferenczy, Cohen Publisher: Wolters Kluwer Law & Business ISBN: 1543823688 Category : Pension trusts Languages : en Pages : 1298
Book Description
The Sixth Edition of ERISA: A Comprehensive Guide provides a thorough and authoritative analysis of the principal statutory provisions of the Employee Retirement Income Security Act of 1974 (ERISA) and the corresponding provisions of the Internal Revenue Code (Code) dealing with employee benefits. It also discusses and explains the multitude of regulations, rulings, and interpretations issued by the Department of the Treasury, the Internal Revenue Service, the Department of Labor, and the Pension Benefit Guaranty Corporation in explanation of ERISA; the Code provisions relating to the requirements for tax-qualified retirement plans; and the subsequent legislation amending or supplementing ERISA and such Code provisions. Cited by the Supreme Court, ERISA: A Comprehensive Guide discusses and explains the multitude of regulations, rulings, and interpretations issued by the Department of the Treasury, the Internal Revenue Service, the Department of Labor, and the Pension Benefit Guaranty Corporation in explanation of ERISA and the subsequent legislation amending or supplementing ERISA. ERISA: A Comprehensive Guide has been updated to include: The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 and the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 Discussion of improvements in the ability for plan sponsors to take advantage of electronic disclosure opportunities for participant notices and disclosures. Updates to fiduciary duties and best practices based on litigation outcomes Analysis of the rising role of arbitration in the resolution of disputes between plan sponsors and participants Discussion of COBRA notice requirements due to COVID-19, pursuant to CARES Act Discussion of the impact of COVID-19 on union contracts and multiemployer plans Impact of CARES Act on bankruptcy filings and procedures
Author: James Wooten
Author: Ronald J. Cooke
Author: G. P. Fedotov
Author: Lee T. Polk
Author: Jeffrey D. Mamorsky
Author: James F. Jorden
Author: David A. Pratt
Author: Ferenczy, Cohen
Author: Kathryn J. Kennedy
Author: United States