Benefits Law360 provides breaking news and analysis on employee benefits and executive compensation law. Coverage includes benefits-related litigation — including Employee Retirement Income Security Act suits and tax and compliance issues over executive compensation — as well as legislative and regulatory activity.
A trial court overstepped when it nixed an arbitrator's decision upholding the use of a formula that The New York Times Co. said inflated its pension withdrawal liability to calculate how much the company owed, the Times' deliverers' pension fund told the Second Circuit.
Maine-based Wex will snap up employee benefits administrator Discovery Benefits for $425 million as the payments and technology company looks to bolster its offerings to customers, according to a Thursday statement.
PPG Industries Inc. will pay a class of retirees $7.65 million and ensure them health benefits through 2025 to settle allegations that the paint and chemical company wrongly cut off promised lifetime health benefits, the retirees told an Ohio federal court Thursday.
Medical providers in New Jersey are not bound by the two-year statute of limitations covering employees in workers' compensation cases but instead have six years to bring their related claims, a state appeals court said Thursday, addressing a legislative amendment that gave the Division of Workers' Compensation jurisdiction over those claims.
Former CBS chief Les Moonves is taking the network to arbitration over its denial of a $120 million exit package following his ouster last year over alleged sexual harassment in the workplace, according to a financial disclosure CBS filed Wednesday.