Employee Benefits and Executive Compensation Committee

The Employee Benefits and Executive Compensation Committee addresses current issues related to employee benefits and executive compensation.

Recent topics addressed by the Committee include: executive compensation for tax-exempt and governmental employers; the proposed expansion by the U.S. Department of Labor of the definition of “fiduciary” under ERISA; the impact of health care reform on employers and employees (including grandfathered plan status under the Patient Protection and Affordable Care Act); and lessons regarding executive compensation learned from the TARP program.

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Recent Reports

Letter to the IRS commenting on (Notice 2012-40) whether the use-it-or-lose-it rule as applied to health care flexible spending arrangements (Health FSAs) should be modified (August 2012) ( PDF )
Subject area: Health Care Flexible Spending Arrangements

Letter to the IRS commenting on longevity annuity contracts (QLAC's) (May 2012) ( PDF )
Subject area: Qualifying Longevity Anbuity Contracts

Letter to the IRS on the safe harbor for determining the affordability of employer-sponsored health coverage for purposes of the shared employer responsibility provisions of the Patient Protection and Affordable Car Act (December 2011) ( PDF )
Subject area: Health Plans and Health Insurance Coverage

For the full list of committee reports click here

Resources

What Passage of the Marriage Equality Law Will Mean for Same-Sex Couples in New York: A Multidisciplinary Forum - 10/4/11 Event Materials