Hewitt's monthly reports summarize retirement and financial management legislative developments and trends from around the world.
During second quarter 2008, legislative activity was dedicated to shoring up employment and social security systems.
Hewitt's monthly updates summarize technical and legislative developments related to employment around the world.
Hewitt's monthly updates summarize technical and legislative developments related to employment around the world.
Hewitt's monthly updates summarize technical and legislative developments related to employment around the world.
Canada
Visit our Canadian site for the most current Legislative Updates.
United States of America
Browse Hewitt's Quick Guide to federal legislation currently being considered by Congress or recently enacted into law in the United States.
The Centers for Medicare and Medicaid Services (CMS) issued updated Medicare Part D Model Disclosure Notices for use on or after June 15, 2008.
After both the House and Senate voted to override a veto by President Bush, the Medicare Improvements for Patients and Providers Act of 2008 (P.L. 110-275) became law on July 15, 2008.
On July 9, 2008, the Second Circuit Court of Appeals issued a unanimous decision that cash balance plans are not inherently age discriminatory with respect to benefit accruals prior to June 29, 2005. The Pension Protection Act of 2006 (PPA) separately provides that cash balance plans are not inherently age discriminatory for periods on or after June 29, 2005, but includes no provision for periods prior to that date.
On July 14, 2008, Hewitt submitted comments to the Internal Revenue Service (IRS) on proposed regulations regarding the determination of minimum required pension contributions under the Pension Protection Act of 2006.
The Internal Revenue Service (IRS) issued final regulations clarifying the special rule that applies to a noncustodial parent claiming a child as a tax dependent.
Seventy years ago, on June 25, 1938, President Franklin D. Roosevelt signed into law the Fair Labor Standards Act (FLSA).
In a decision that critics say is likely to increase litigation over employee benefit denials, the United States Supreme Court ruled on June 19, 2008 that an entity — be it an employer or an insurance company — has an inherent conflict of interest when it both decides claims under an employee benefit plan and funds payment of those claims.
The Internal Revenue Service (IRS) released the long-awaited "grab bag" of health savings account (HSA) guidance. Although much of Notice 2008-59 reiterates prior guidance, it contains several new rules that affect employers.
