What your colleagues are readingEmployee Benefits, October 2002A request to members for favorite Employee Benefits resources resulted in the following:
Case law update and reviewBy Amy L. PaulsEmployee Benefits, May 2002In this case, the Seventh Circuit Court of Appeals found that the district court for the Northern District of Illinois had incorrectly held that a funeral home owner had expressly agreed to be bound by a multi-employer plan.
Case law update and reviewBy Stepfon R. SmithEmployee Benefits, May 2002In this accountant malpractice action, the plaintiffs, to their detriment, relied upon professional tax accounting advice for retirement planning purposes from defendant Deloitte & Touche.
To our readersEmployee Benefits, May 2002Our fourth newsletter of the 2001-2002 year includes two interesting updates regarding recent case law that pertains to employee benefit plans and retirement programs.
State legislative updateBy Lori C. SkinnerEmployee Benefits, January 2002Senate Bill 866--Amends the Illinois Insurance Code and the Health Maintenance Organization Act to provide that coverage under those Acts for mastectomies must include reconstruction of the subject breast, as well as the other breast, to achieve a symmetrical appearance.
To our readersEmployee Benefits, January 2002Our third newsletter of the 2001-2002 year includes an interesting article regarding a recent decision of the U.S.
Employee Benefits Section Council review of recent cases and IRS mattersBy Kevin J. RichterEmployee Benefits, December 2001In Gilliam v. United Parcel Service, Inc., 7th Cir. No. 99-3942 (11/29/00) the Seventh Circuit found that the Defendant, United Parcel Service, did not violate the Family and Medical Leave Act by firing a worker.
To our readersEmployee Benefits, December 2001Our second newsletter of the 2001-2002 year includes an interesting update regarding recent case law and a review of several Announcements, Notices, Revenue Procedures, and Revenue Rulings from the Internal Revenue Service that pertain to employee benefit plans and retirement programs.
Letter to the ISBA Employee Benefits SectionBy Kathryn J. KennedyEmployee Benefits, October 2001One of the goals of last year's Chair of the Employee Benefits Section Council, Brian Wydajewski, was to initiate a mentoring program between our state's seasoned employee benefits practitioners and our newest recruits to the ranks of employee benefits law.
To our readersEmployee Benefits, October 2001Our first newsletter of the 2001-2002 includes an outline regarding the subject of certain provisions of the Economic Growth and Tax Recovery Relief Reconciliation Act of 2001 that pertain to employee benefit plans and retirement programs.
IRS eases rules for minimum required distributionsBy Steven LifsonEmployee Benefits, May 2001The IRS has issued new regulations that govern required minimum yearly distributions from Individual Retirement Accounts ("IRAs") and tax-qualified plans to people over age 70-1/2 and to beneficiaries of deceased IRA owners and plan participants
To our readersEmployee Benefits, May 2001Our third newsletter of the 2000-2001 term addresses the subject of the new rules pertaining to the requirement for minimum retirement distributions from Individual Retirement Accounts ("IRAs") and tax-qualified retirement plans for employees over the age of 70-1/2 and to beneficiaries of deceased IRA owners and plan participants.
Appeals court holds that ADEA applies to retiree health planBy Sharon R. CohenCorporate Law Departments, February 2001In Erie County Retirees Assoc. v. County of Erie, Pennsylvania, the Third Circuit Court of Appeals held that the Age Discrimination in Employment Act applies to retirees and retiree health plans.
Calling all government attorneysBy Lynn PattonEmployee Benefits, December 2000The ISBA's Standing Committee on Government Lawyers wants to include you in its constituency. Historically, neither the Attorney Registration and Disciplinary Commission nor the Illinois State Bar Association has maintained data with respect to those attorneys engaged in government practice.
Illinois State Bar Association Employee Benefits Section CouncilEmployee Benefits, December 2000The Employee Benefits Section Council of the Illinois State Bar Association (the "section council") is comprised of attorneys whose legal practice is concerned with all aspects of employee benefits and compensation arrangements.
Legal case reviewBy Kevin J. RichterEmployee Benefits, December 2000On August 18, 2000, the IRS issued announcement 2000-77 which provides criteria for determination letter applications for Volume Submitter plans that have not received GUST II advisory letters.
To our readersEmployee Benefits, December 2000The theme of the second newsletter of the 2000-2001 term addresses the subject of the Employee Benefits Section Council, our purpose, and our resources that are available to members of the section and members of the Illinois State Bar Association.
To our readersEmployee Benefits, November 2000The theme of the first newsletter of the 2000-2001 term addresses the subject of employee benefits for domestic partners ("domestic partners").
Survey on QILDROBy Steven N. PeskindFamily Law, October 2000On July 1, 1999, after ten years of work by the Illinois State Bar Association Family Law Section Council, HB1612 became law creating a vehicle to assign retirement benefits from State of Illinois pension plans.
Employee benefit plans for associationsBy Laurence A. HansenEmployee Benefits, May 2000Defined contribution plan ("DC plan") is a retirement plan under which the benefit to be paid is determined by the contributions to the plan along with any earnings thereon.
To our readersEmployee Benefits, May 2000The theme of the final newsletter for the 1999-2000 term addresses employee benefit plans for tax-exempt associations.
Fiduciary duties of the ESOP trusteeBy Marilyn H. Marchetti & Danielle MontesanoEmployee Benefits, February 2000The following article examines the duties of the trustee of an employee stock ownership plan ("ESOP Trustee"), beginning with the governing principles of the Employee Retirement Income Security Act of 1974, as amended, and the application of those duties to general administration and on-going administrative responsibilities of the ESOP Trustee.
Recent ESOP case law developmentsBy Helen H. MorrisonEmployee Benefits, February 2000This article is a compilation of the recent ERISA court decisions involving employee stock ownership plans (ESOPs).
To our readersEmployee Benefits, February 2000Continuing our theme of ESOPs, this follow-up newsletter focuses on the fiduciary issues applicable to ESOPs.