Connecticut businesses with five or more employees have less than two weeks before a deadline to register with a state-run program intended to provide a retirement savings
Insight on Labor & Employment Developments for Connecticut Businesses
…Connecticut businesses with five or more employees have less than two weeks before a deadline to register with a state-run program intended to provide a retirement savings
After several years of hiccups, the state-run Connecticut Retirement Security Authority, is finally launching this Spring with upcoming deadlines for employers that don’t offer employees a retirement plan.
Connecticut employers with five or more employees are required to join the program if they do not offer a retirement plan. Registration opened for employers on…
Employee benefit cases (better known as ERISA cases, after the Employee Retirement Income Security Act) aren’t the most exciting topic in the world. At this point, just by my very mention of ERISA, I’m imagining your mouse wandering off to view another page.
But yesterday, the U.S. Supreme Court agreed to hear an important case…
With the dog days of summer in full force here in Connecticut ("it’s the heat AND the humidity"), it seemed an appropriate time to roll out another installment of the "Quick Hits" feature to touch on a few items you might have missed over the last week or so:
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A few months ago, I reported on the District Court’s decision in Amara v. CIGNA, an important class-action case on ERISA retirement benefits and on alleged misrepresentations made by the Company about retirement benefits. Over the last few months, then, the court was asked to consider the issue of what is appropriate relief from the…
Anyone who thinks that the wheels of justice move quickly, hasn’t been on trial in state court. Let’s just say that state court moves a little on the slow side. Lots of hurry up and wait.
So, for now, I remain tied up for long posts. But the guest posts continue on with some posts…
Difficult, time-consuming, and expensive litigation with uncertain results – such as this case represents – is assuredly not a sensible way to manage the Nation’s retirement system for either employers or employees. Sadly, at least for now, litigation appears to be the only option available to them.
In a 122 page opus on ERISA law…
First, a warning. 
If your eyes glaze over at discussing the difference between cash balance plans and defined benefit plans, this post is not for you. However, for those employers who are considering converting their retirement plans or who have done so, a new case released this morning provides some much-needed guidance in Connecticut about…