Pension & Benefits NetNews – April 28, 2020

NetNews Subscription

Want to receive these Newsletters via E-mail?

hr.cch.com Resources

About Links in this Newsletter

To access the IntelliConnect™ full text documents you must be a subscriber to the Pension Plan Guide or Employment Benefits Management.

Links within news stories display full text documents including legislation, regulations,
court decisions, rulings and government reports.

The first time you click on a link you will be taken to the IntelliConnect login page, where you will need to enter your ID and password. Subsequent links will take you directly to the desired document.

IntelliConnect

If you aren’t a subscriber call 800-449-9525, or let us contact you about,

Email Us

Contact us by sending an e-mail to

Featured This Week

Employee Benefits Management News

  • New York emergency regulation requires health plans to defer payment of insurance premiums
  • FAQs address group health plan coverage under FFCRA and CARES Act
  • Bill would cover the cost of health premiums during COVID-19 emergency
  • NY AG lawsuit challenges lawfulness of FFCRA regulations
  • DOL adds Q&As that address array of issues under FFCRA

Pension Plan Guide News

  • PBGC extends premium payments and other filing deadlines as part of COVID-19 relief
  • IRS extends due date for additional filings and payment obligations, including Form 5500
  • DOL files petition to compel Illinois company to furnish documents sought in employee benefits investigation

Employee Benefits Management News

New York emergency regulation requires health plans to defer payment of insurance premiums

The New York State Department of Financial Services (DFS) has issued a new emergency regulation requiring health plans to defer the payment of insurance premiums due under individual and small group commercial health insurance plans through June 1st, 2020, for consumers and businesses experiencing financial hardship due to the COVID-19 pandemic. For more information, see ¶2132W.

        (Read Cheetah) »

FAQs address group health plan coverage under FFCRA and CARES Act

The Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (Departments) have issued a set of frequently asked questions (FAQs) regarding implementation of the Families First Coronavirus Response Act (the FFCRA), the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), and other health coverage issues related to COVID-19. For more information, see ¶2132Y.

        (Read Cheetah) »

Bill would cover the cost of health premiums during COVID-19 emergency

Representatives Robert C. Scott (D-Va.), Steven Horsford (D-Nev.), and Debbie Dingell (D-Mich.) have introduced the Worker Health Coverage Protection Act to help workers maintain employment-based health insurance coverage in response to an unprecedented wave of layoffs and furloughs caused by the COVID-19 pandemic. For details, see ¶2132Z.

        (Read Cheetah) »

NY AG lawsuit challenges lawfulness of FFCRA regulations

New York Attorney General Letitia James has filed a lawsuit against the U.S. Department of Labor, challenging its rule that, as the AG sees it, unlawfully narrows workers’ rights under the Families First Coronavirus Response Act (FFCRA) to paid sick leave and emergency family leave during the pandemic. For more information see ¶2133B.

        (Read Cheetah) »

DOL adds Q&As that address array of issues under FFCRA

The Department of Labor (DOL) has added more questions and answers (Q&As) regarding the implementation of the Families First Coronavirus Response Act (FFCRA). As of April 22, 2020, there are 88 Q&As. For more information, see ¶2133D.

        (Read Cheetah) »

Pension Plan Guide News

PBGC extends premium payments and other filing deadlines as part of COVID-19 relief

The PBGC has announced extended deadlines for upcoming premium payments and other filings with the Agency. Due dates for filings or actions that would otherwise have been due on or after April 1, 2020, and before July 15, 2020, have been extended to July 15, 2020. The PBGC states that this action is part of the Administration’s broader efforts to respond to the coronavirus disease 2019 (COVID-19) outbreak, which President Donald J. Trump declared was a national emergency on March 13, 2020. The PBGC explains that, when the IRS provides relief to employee benefit plans because of a major disaster by delaying the Form 5500 due date, the PBGC’s disaster relief policy provides that many PBGC due dates are similarly extended. The PBGC is providing relief in response to the IRS Notice 2020-23, providing disaster relief that includes a Form 5500 extension. For more information, see ¶170s.

        (Read Cheetah) »

IRS extends due date for additional filings and payment obligations, including Form 5500

The IRS has provided additional relief to taxpayers, postponing until July 15, 2020, a variety of tax form filings and payment obligations that are due between April 1, 2020 and July 15, 2020, as part of relief being given in response to the ongoing Coronavirus Disease 2019 (COVID-19) pandemic emergency. Associated interest, additions to tax, and penalties for late filing or late payment will be suspended until July 15, 2020. Additional time to perform certain time-sensitive actions during this period is also provided. The IRS is also postponing due dates with respect to certain government acts. For more information, see ¶17169a.

        (Read Cheetah) »

DOL files petition to compel Illinois company to furnish documents sought in employee benefits investigation

The U.S. Department of Labor has filed a petition asking the U.S. District Court in the Northern District of Illinois, Eastern Division, to enforce an administrative subpoena the department served to Alight Solutions LLC – based in Lincolnshire, Illinois. The subpoena seeks documents for an Employee Benefits Security Administration (EBSA) investigation to determine compliance with ERISA. Alight Solutions LLC has refused to provide all documents requested by the Department of Labor in the Nov. 5, 2019, subpoena. As a result, the department’s Chicago Regional Solicitor’s Office has filed this action to compel compliance with the subpoena. “Complying with U.S. Department of Labor subpoenas is not optional,” said Employee Benefits Security Administration Regional Director Jeffrey Monhart, in Chicago, Illinois. “This case demonstrates the Department’s commitment to protecting employee benefits.” For more information, see ¶170r.

        (Read Cheetah) »

For more information, visit http://www.wolterskluwerlb.com/rbcs.