Institutional Shareholder Services Inc. (“ISS”), a leading proxy advisory firm, uses a proprietary “Equity Plan Scorecard” approach to evaluate public company equity compensation plans. For 2023, ISS has updated its Equity Plan Scorecard and the corresponding Frequently Asked Questions (“FAQs”).
SW Benefits Blog
The SW Benefits Blog, published by Snell & Wilmer, focuses on employee benefits law and related regulatory developments. It covers topics such as educational assistance programs, student loan repayment benefits, fiduciary duties of plan administrators, pharmacy benefit manager (PBM) contracts, retirement plan catch-up contribution limits under SECURE 2.0, HIPAA privacy rules affecting group health plans, and ERISA compliance for deferred compensation plans. The blog provides guidance on plan design, compliance requirements, regulatory updates, and best practices for employers and plan fiduciaries managing employee benefit programs.
Latest from SW Benefits Blog - Page 3
Three Facts Every Employer Should Know When Considering Student Loan Repayment Benefits in Educational Assistance Programs
By Alapointe
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COVID-19 Comes to an End(emic): Preparing Group Health Plans for Anticipated End of COVID-19 Emergencies
By Alapointe
The Biden Administration recently announced its plan to end both the National Emergency and Public Health Emergency for COVID-19 (together, the “COVID-19 Emergencies”) on May 11, 2023.
The end of the COVID-19 Emergencies will trigger (immediately or within specified timeframes)…
Proposed Rules Expand Access to Contraceptive Care as a Preventive Service
By Alapointe
On January 30, 2023, the Departments of Health and Human Services, Treasury, and Labor (collectively “the Departments”) issued proposed rules entitled “Coverage of Certain Preventive Services under the Affordable Care Act” (the “Proposed Rules”). The Proposed Rules reflect…
Tenth Circuit Allows ERISA Arbitration, So Long As There are No Limitations in Remedies
On February 9, 2023, the U.S. Court of Appeals for the Tenth Circuit refused to enforce an arbitration clause contained in an employee stock ownership plan (“ESOP”) document. In a 41-page opinion, the Court held that the ESOP Plan improperly…
Certain Information Statements for ISOs and ESPPs Due by January 31, 2023
By Greg Gautam
As reported in Part 4 of our 2022 End of Year Plan Sponsor “To Do” List, Section 6039 of the Internal Revenue Code (the “Code”) requires employers to provide a written information statement to each employee or former employee…
High Deductible Health Plan Telehealth Relief, Extended Again!
If you sponsor a high deductible health plan (“HDHP”) and have been tracking telehealth relief, your head may be spinning and rightfully so! There have been various laws and guidance impacting HDHPs and telehealth since 2020 and most recently, new…
CalSavers Program Expanding for Small Employers
On August 26, 2022, the Governor of California signed Senate Bill No. 1126 (“S.B. 1126”) into law, amending California’s CalSavers Retirement Savings Program (“CalSavers”). In general terms, CalSavers automatically enrolls eligible California employees in ROTH Individual Retirement Accounts if their…
Second Time Around: Seventh Circuit Given First Opportunity to Analyze the Duty of Prudence Post Hughes
By Kbalsan
On August 29, 2022, the U.S. Court of Appeals for the Seventh Circuit affirmed the dismissal of a 401(k) plan participant’s claims that plan fiduciaries mismanaged the $1.1 billion 401(k) plan and charged participants excessive fees. This was the first…
What’s Old Is New Again: HHS Proposes to Reinstate and Expand Transgender Nondiscrimination Rules
Since it was enacted in 2010, Section 1557 of the Affordable Care Act (“Section 1557”) has prohibited discrimination in covered health programs and activities on the basis of race, color, national origin, age, disability, or sex. As we have previously…