Please read the Summer 2012 Special Edited B&K Benefits Update Newsletter here.
Please read the Spring 2012 B&K Benefits Update Newsletter here.
Read the B&K Update Newsletter here: Newsletter – Winter 2012
New York State Governor Andrew Cuomo recently announced that the State will be conducting investigations of nonprofit organizations, including hospitals and clinics, that receive Medicaid funding from the State. A New York State Not-for-Profit Entities Task Force will be created to audit the organizations with a focus on executive compensation levels. The investigations are in response to reports of excessive salaries and compensation packages for executives of nonprofit organizations that depend on state Medicaid funding.
Court of Appeals orders deference to public employer’s initial determination in section 207-a case | Litigation Law
In a recent opinion, a divided New York Court of Appeals found a Ridge Road Fire District firefighter ineligible for General Municipal Law Section 207-a benefits where the District's initial determination denying benefits was supported by substantial evidence.
Office of Civil Rights imposes $5.3 million in fines for HIPAA privacy rule violations | Employee Benefits
In an unprecedented enforcement action, the Department of Health and Human Services’ (“HHS”) Office for Civil Rights (“OCR”) recently imposed a $4.3 million civil monetary fine and reached a $1 million settlement as punishment for violations of the Health Insurance Portability and Accountability Act (“HIPAA”).
On December 13, 2010, Governor Patterson signed the Wage Theft Prevention Act (“Act”) into law, which provides enhanced remedies and greater enforcement powers to prevent violations of New York wage laws.
Blitman & King Successfully Guides Plan Through IRS Voluntary Correction Program To Address In-Service Distributions
On behalf of a multiemployer defined benefit pension plan, Blitman & King, LLP submitted an application to the Internal Revenue Service (IRS) for participation in its Voluntary Compliance Program. The matter involved qualification errors related to in-service distributions and recalculation of benefits.
In April 2010, President Obama filled National Labor Relations Board vacancies with recess appointments of Craig Becker and Mark Pearce, both uni on-side labor attorneys.
On October 28, 2010, the I.R.S. announced cost of living adjustments affecting dollar limitations for pension and retirement plans for 2011. In general, these limits either remain unchanged or will result in small inflation adjustments. Of note: