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By Randy Cook & Christine Moehl Employee Benefits & Executive Compensation On April 18, 2017, the Oregon Retirement Savings Board issued final regulations that will launch the “OregonSaves” Retirement Program (the “Program”) enacted by the Oregon Legislature in 2015. Under the Program, all Oregon employers must register with the Oregon Retirement Savings Board (the “Board”) …
By Employee Benefits & Executive Compensation Practice Group This article is intended to help plan sponsors understand the difference between retirement plan fidelity bonds and fiduciary liability insurance. Retirement Plan Fidelity Bonds The Employee Retirement Income Security Act of 1974 (“ERISA”) generally requires all retirement plans to be covered by a fidelity bond. These bonds, …
Saalfeld Griggs PC has been named a “Tier 1 Law Firm” for Employee Benefits (ERISA) Law by U.S. News – Best Lawyers® 2015 “Best Law Firms”. Randy Cook is the practice group leader for the firm’s Employee Benefits & Executive Compensation group. Firms included in the 2015 “Best Law Firms” list are recognized for professional excellence with persistently impressive ratings …
Helping Fiduciaries Sleep Well at Night By Christine Moehl Managing a company’s retirement plan is a challenging job, too often delegated to one or two employees within the company who may have neither the time nor the skills for the task. These employees are considered “plan fiduciaries” under the Employee Retirement Income Security Act (“ERISA”). …