Amy Gordon

1 week ago | mondaq.com | Amy Gordon |Anne Becker |Justin A. Linder |Grant E. Shillington

2024 was another high-volume year for pension risk transfer(PRT) transactions. But as defined benefit pension plans havecontinued to shift pension risk to annuity providers, planparticipants have been filing lawsuits claiming the PRTs are riskyand/or the fiduciaries choosing the annuity provider have breachedtheir fiduciary duty. A number of these lawsuits involved PRTtransactions to Athene Annuity and Life Co. (Athene), which is aprivate equity backed insurance company.

2 weeks ago | matadornetwork.com | Amy Gordon

New York Epic Stays by Amy Gordon Apr 7, 2025 The Hamptons are known for sprawling mega-mansions and A-list celebrity sightings, but the beachside enclave on the east end of Long Island, New York, is also home to a pair of sister resorts that create space for a different kind of vacationer: families. The Pridwin Hotel and Cottages on Shelter Island and Baron’s Cove in Sag Harbor (both Cape Resorts properties) blend legacy and approachability, with a range of accommodation types, kid-centric...

1 month ago | mondaq.com | Susan Nash |Joanna Kerpen |Jamie Weyeneth |Amy Gordon

Effective January 15, 2025, the United States Department ofLabor increased its ERISA health and welfare civil penalties fornoncompliance.SeeFederal Civil Penalties Inflation Adjustment ActAnnual Adjustments for 2025. Below we have outlined the formermaximum and minimum penalties, the new maximum and minimumpenalties, and the increase.

1 month ago | lexology.com | Amy Gordon |Elouisa Crichton

The Employment Appeal Tribunal (EAT) has provided further guidance on indirect discrimination in practice in a recent decision concerning childcare disparity. While judicial notice allows tribunals to acknowledge the childcare disparity at a societal level in an indirect discrimination claim, they must still assess in detail how a specific policy or requirement impacts a particular claimant and other employees in the same position.

2 months ago | mondaq.com | Susan Nash |Amy Gordon |Erin Weber |Joanna Kerpen

In the past few months, group health plans have experienced asurge of litigation challenging premium surcharges based onparticipants' tobacco use. As we have previously noted, the Health Insurance Portability andAccountability Act of 1996 (HIPAA), as amended by the AffordableCare Act (ACA), allows group health plans to offer as much as a 50%incentive, or surcharge, for wellness programs designed to preventor reduce tobacco use.