dol

DOL Releases Final ESG Guidance

The DOL has posted a final rule regarding guidance initially focused on restricting the use of environmental, social, and governance (ESG) investments.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

DOL

Fiduciary Issues

Proposed DOL Rule to Help Define "Employee" vs. "Independent Contractor"

The DOL's Wage and Hour Division has published a notice of proposed rulemaking to help define "employee" under the FLSA, which sets the standards for minimum wage and overtime payments

FuturePlan ERISA Team

DOL

DOL to Clarify Employee or Independent Contractor Status

The DOL has issued a notice of proposed rulemaking to clarify “the definition of ‘employee’ under the FLSA as it relates to independent contractors.”

FuturePlan ERISA Team

Defined Contribution Plan

DOL

Health and Welfare

DOL’s Proposed Rule Solidifies Shareholder’s Rights

On August 31, 2020, the DOL issued a proposed rule to clarify an ERISA fiduciary’s duties related to shareholder rights, including proxy voting on corporate stock.

FuturePlan ERISA Team

Retirement Spotlight

DOL

Defined Benefit Plan

Defined Contribution Plan

Fiduciary Issues

Interim Final Rule Published for Lifetime Income Projections

A DOL EBSA interim final rule is published in the Federal Register to guide DC retirement plans that must furnish projections of potential lifetime income streams to participants

FuturePlan ERISA Team

Defined Contribution Plan

DOL

SECURE Act

Washington Pulse: PEP Model Evolves with DOL Proposed Registration Guidance

The DOL has issued a proposed rule on registration for pooled plan providers (PPPs), who may begin offering pooled employer plans (PEPs) on January 1, 2021.

FuturePlan ERISA Team

Washington Pulse

DOL

Defined Contribution Plan

Fiduciary Issues

DOL Revises Emergency Leave Rule Following Court Decision

The DOL has issued a revision and clarification to guidance that implemented emergency paid sick leave and expanded family and medical leave under the Emergency Leave Rule.

FuturePlan ERISA Team

COVID-19

DOL

Health and Welfare

Washington Pulse: IRS Releases Guidance on Loan Offset Rollovers

As part of the TCJA Congress provided more time to roll over certain types of plan loan offsets. The IRS has released proposed regulations to align the IRS’s guidance with the statutory rules.

FuturePlan ERISA Team

Washington Pulse

DOL

Defined Benefit Plan

Defined Contribution Plan

IRA

DOL Proxy Voting and Shareholder Rights Proposed Regulations

EBSA publishers proposed regulations intended to govern proxy voting and shareholder rights exercised by fiduciaries of ERISA-governed retirement plans.

FuturePlan ERISA Team

DOL

Fiduciary Issues

Defined Contribution Plan

PEP Registration Guidance In Federal Register

EBSA guidance published in Federal Register on registration requirements for a pooled employer plan, or PEP.

FuturePlan ERISA Team

Defined Contribution Plan

DOL

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