McDermott, Will and Emery, LLP

4 Tips to Help Benefits Plans Achieve Mental Health Parity

As federal benefits regulators turn their focus toward plans’ mental health offerings and California lawmakers expand plans’ obligations in that area, now is a great time for employers to ensure their plan approaches mental health treatment the same way as traditional medical care. In a recent article by Law360, McDermott partner Judith Wethall helps explain […]

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https://www.employeebenefitsblog.com/2020/11/4-tips-to-help-benefits-plans-achieve-mental-health-parity/

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McDermott, Will and Emery, LLP

Women and the Pandemic Workplace: Leadership’s Critical New Challenges

Leadership’s responsibility for assuring gender equality within the workplace just received an important, highly public “push.” In a recent article in Forbes, McDermott partner Michael Peregrine analyzes a crucial study by McKinsey and LeanIn.org, which concluded that women have born an outsized workplace-related burden during the COVID-19 economy. Access the article.

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https://www.employeebenefitsblog.com/2020/11/women-and-the-pandemic-workplace-leaderships-critical-new-challenges/

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McDermott, Will and Emery, LLP

Supreme Court Appears Willing to Leave Obamacare in Place

During arguments in a case seeking to eliminate Obamacare, two of the US Supreme Court’s conservative justices signaled they would not strike down the landmark legislation. In a recent article by CNBC, McDermott partner Michael Kimberly discussed the significance of this case and the Court’s upcoming decision. Access the article.

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https://www.employeebenefitsblog.com/2020/11/supreme-court-appears-willing-to-leave-obamacare-in-place/

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McDermott, Will and Emery, LLP

Labor Relations Could See Changes under Biden

As the US election cycle begins to wind down, labor stakeholders say one thing is clear: Labor relations across the nation could see big changes under Democratic president-elect Joe Biden. In a recent article by the Daily Journal, McDermott partners Ron Holland and Chris Foster discuss the impacts a Biden presidency could have on the […]

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https://www.employeebenefitsblog.com/2020/11/labor-relations-could-see-changes-under-biden/

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McDermott, Will and Emery, LLP

Can Employers Require Workers to Get Flu Shots?

Flu season is officially here, and in light of the COVID-19 pandemic’s continued effects across the country, doctors are imploring people to get their annual flu shot. In a recent interview with the Los Angeles Times, McDermott partner Michelle Strowhiro discussed approaches and options for employers as they consider making the flu vaccine mandatory. Access […]

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https://www.employeebenefitsblog.com/2020/11/can-employers-require-workers-to-get-flu-shots/

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McDermott, Will and Emery, LLP

DOL Creates Path for 401(k) Plans to Offer Private Equity Investment Options

In June, the US Department of Labor issued an information letter indicating that it will allow defined contribution retirement plans (such as 401(k) plans) to indirectly invest in private equity funds. While information letters are not binding, this new guidance creates a significant opportunity for plan sponsors to consider investment options that include private equity […]

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https://www.employeebenefitsblog.com/2020/10/dol-creates-path-for-401k-plans-to-offer-private-equity-investment-options/

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McDermott, Will and Emery, LLP

IRS Announces 2021 Employee Benefit Plan Limits

The Internal Revenue Service (IRS) recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2021. Nearly all of the dollar limits currently in effect for 2020 will remain the same, with only a few amounts experiencing minor increases for 2021. Access the article.

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https://www.employeebenefitsblog.com/2020/10/irs-announces-2021-employee-benefit-plan-limits/

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McDermott, Will and Emery, LLP

DOL Proposed Regulations on Proxy Voting

The Department of Labor (DOL) issued a proposed rule with 30-day comment period to address the application of fiduciaries’ duties with respect to proxy voting and exercises of other shareholder rights. The proposal requires fiduciaries to vote any proxy where the matter being voted upon would have an economic impact on the plan and prohibits […]

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https://www.employeebenefitsblog.com/2020/10/dol-proposed-regulations-on-proxy-voting/

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Stock Plans Increase Savings, Attract Millennials, Studies Show

Employee stock purchase plans (ESPPs) can strengthen the employer-employee relationship by giving lower-level workers some of the equity rewards senior leaders enjoy. Offering an ESPP along with a 401(k) also increases overall savings, new research shows.
http://feedproxy.google.com/~r/shrm/hrnews/~3/jjF7YIrr6js/stock-plans-increase-savings-attract-millennials-studies-show.aspx

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CCPA Amendment Update: California Legislature Approves Exceptions for HIPAA De-Identified Information and Other Health Data

On September 25, 2020, California Governor Gavin Newsom signed into law California AB 713, which amends the California Consumer Privacy Act (CCPA) to except from its requirements certain health information, including information that has been de-identified in accordance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA). The bill’s enactment eases some of […]

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https://www.employeebenefitsblog.com/2020/10/ccpa-amendment-update-california-legislature-approves-exceptions-for-hipaa-de-identified-information-and-other-health-data/

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