Seyfarth Synopsis: The ever evolving landscape of environmental, social and governance (ESG) factors and 401(k) plan investment options may have just become even more complicated.

As we’ve covered on our blog over the last few years, the DOL’s guidance on whether environmental, social and governance (ESG) investments are an appropriate investment for ERISA plans has

A federal judge has dismissed a class action lawsuit that challenged the Washington Long-Term Cares Act (“Cares Act”), ruling that because the Cares Act is not established or maintained by an employer and/or employee organization, it is not an employee benefit plan and therefore not governed or preempted by ERISA. The Court also held that

A class action lawsuit has been filed against Washington State’s Long-Term Services and Supports Trust Act (the “Act”) that requires each worker in Washington to contribute $0.58 per $100 (0.58%) of wages to a trust set aside to pay long-term care benefits for its residents. The lawsuit challenges the Act and requests a declaratory judgment

On Wednesday, November 4, 2020, 9:00 a.m. to 5:00 p.m. ET, Seyfarth employee benefits attorneys Ben Conley, Jennifer Kraft and Howard Pianko will present at the Practicing Law Institute program “Applying ERISA Fiduciary Rules to Health Plans, Services and Products 2020.”

Howard is the program Chair and his panel will address prohibited transaction issues

Seyfarth Synopsis: Because everything has a coronavirus angle now….this blog post covers various issues and considerations plan sponsors and administrators should keep in mind as the coronavirus outbreak continues to escalate.

 While this list is by no means exclusive (and may be added to over time), here are a few steps plan sponsors can take