Congress Enacts Emergency Coronavirus Response Legislation
On March 18, 2020, President Trump signed the first of what is likely to be a flurry of legislative responses that provide relief and benefits to those impacted by the COVID-19 pandemic. The Families First Coronavirus Response Act (FFCRA) is […]
It’s Official: Coronavirus Screening and Treatment Covered Pre-Deductible for HDHPs
The Internal Revenue Service and the U.S. Treasury issued guidance this week to employers stating coronavirus screening and treatment can be provided through a high deductible health plan (HDHP) without participants first having to satisfy the plan’s deductible. According to […]
Multiemployer Pension Plans Could See Significant Change
Major changes in the operation and management of multiemployer pension plans may be coming. On November 20th, U.S. Senators Chuck Grassley (R-IA) and Lamar Alexander (R-TN), released a white paper on a proposal that if passed, would dramatically change the […]
Transparency Rules Could Shake Up Hospitals and Carriers
The Trump Administration is pushing ahead with rules requiring hospitals to disclose their contracted rates with insurance carriers and Preferred Provider Organizations (PPOs) for 300 “common” services, effective January 1, 2021. The administration’s push for transparency in healthcare pricing will […]
Is it Time to Restate Your Defined Benefit Pension Plan?
If you sponsor a frozen defined benefit pension plan, a mostly “vanilla” individually designed defined pension plan or a defined benefit pension plan already on a pre-approved format, you will want to think about restating your plan now in the […]
Proposed E-Delivery Safe Harbor Recognizes Online Reality
On October 22, 2019, the DOL announced new guidance that should go a long way toward bringing the delivery of ERISA-required disclosures and notices into the 21st Century. It should also provide significant cost savings for plan sponsors. This e-delivery […]
GE pension changes: should my company be looking to do the same?
On October 7, General Electric (GE) announced a series of decisions around their salaried pension plan: For participants continuing to accrue benefits, further accruals will be stopped at the end of 2020. (New employees hired after 2011 were not eligible […]
Findley Adds TAMS Group Human Capital Team
We are excited to announce that we have deepened our human capital resources with the addition of Independence, Ohio-based TAMS Group’s human capital team, effective February 15th, 2019. The additional resources will become a part of Findley’s Cleveland, Ohio office. […]
Hallett Associates Joins Findley!
Findley adds Pittsburgh office as Hallett Associates Joins Findley! We are excited to announce that we have expanded our geographical footprint and client base. Effective June 29th, Pittsburgh-based Hallett Associates, a highly reputable regional actuarial and retirement services firm, has […]
Reminders of What’s New in 2018
By Sheila Ninneman, JD. Plan sponsors of retirement, health and welfare plans have a relatively short list of changes in the employee benefits arena that begin on or around January 1, 2018. However, some changes were announced so long ago, […]