On October 21, the IRS announced that the cost-of-living adjustments applicable to certain dollar limitations for employee pension benefit plans for 2016 will not result in an increase in the limits. The resulting dollar limits are as follows:
A complete list of applicable pension plan limitations can be found here.
If you have any questions about the cost-of-living adjustments or any other employee benefits or executive compensation matter, please contact a member of Day Pitney's Employee Benefits and Executive Compensation group.
On January 17, John DeSimone and Heather Weine Brochin presented a discussion about employment agreements and negotiation strategies at the NYU School of Medicine.
Kathy Lawler, Susan Huntington and Erin Healy wrote an article, "Risks for Employers using Drug Import Companies to Manage Costs," for AHLA Weekly.
Theresa Kelly and Howard Fetner wrote an article, "AARP Lawsuit Puts EEOC In An Awkward Position," for Law360.
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Day Pitney Alert
James Leva was quoted in an article, "CT gets on board with e-pay cards," in The Hartford Business Journal.
James Leva was quoted in an article, "New payday option in Conn. — put it on plastic," in The Stamford Advocate.
David Doyle was quoted in an article, "Numbers and High Stakes for Executive Compensation Lawyers," in The New Jersey Law Journal. The article is about the important role executive compensation lawyers play in the boardroom, especially in the midst of pending changes to federal regulation in the financial industry and publicized pay jumps.
David Doyle was quoted in an article, "Independent researchers seen easing DOL fiduciary burden for brokers," in InvestmentNews.
John McLafferty was quoted in an article,"New pay equity law offers fertile ground for litigation," in Massachusetts Lawyers Weekly.