I had a blog piece almost done. It was going to give an overview of another NLRB case which threatened to overturn settled law and expand the rights of unions to organize. I was going to use it as another “Year of Change” post.
Then the votes got counted.
Wow.
After eight years of ever…
We have been watching, warning and posting about the saga of the troubled Central States Pension Plan (“CSPP”). See The Gift-Giving Season? Three “Game-Changing” Employment Developments Impacting Manufacturers, Teamster Plan to Cut Pensions Presents Significant Issues for Manufacturers, and A Troubling Future Part One: Teamsters’ Pension Rescue Plan. Things were bad. They…
While you may have thought that the major party conventions and Olympic Games in Rio would have resulted in a break from significant legislative and regulatory changes, that simply does not seem to be the case. Recent changes affecting manufacturers include the following:
The U.S. Department of Labor to increase civil penalties for ERISA violations. …
While we are still saying “Happy New Year” (I checked and was told that January 21 was still “not too late” to wish good tidings for 2016), and as we get ready for the Great East Coast Blizzard of 2016, I thought it would be a good time to add my own predictions for…
This is the second of two posts regarding the “troubling” state of multi-employer pension plans. My October post provided an overview of the recently published Teamsters’ Central States Pension “Rescue Plan” and discussed some of its implications. This post will review the recent decision of the Ninth Circuit Court of Appeals in Resilient Floor Covering …
Two significant developments in the multi-employer pension world emerged in September, developments which could give manufacturers concern. While this is not the time to panic (we have plenty of time to panic), readers should take notice.
Development number one was the filing on September 25 of the Teamsters’ Central States Pension “Rescue Plan” to…
The New Year holiday is barely over and 2015 has delivered its first significant development affecting manufacturers and their labor unions. On January 26, 2015, in M&G Polymers U.S.A. v. Tackett, a unanimous United States Supreme Court took the Sixth Circuit Court of Appeals to the woodshed with the wholesale repudiation of its thirty-year…
The approaching holidays may have put Congress, the National Labor Relations Board and the United States Supreme Court in the “gift-giving” mood. In the last week, three significant developments occurred which may radically affect manufacturers in 2015.
On December 11, in Purple Communications, a divided National Labor Relations Board ruled that employees had a…
Today Governor Malloy signed legislation that expanded Connecticut’s Manufacturing Reinvestment Account (MRA) program, doubling the amount of tax benefits available and expanding the definition. In 2010, Connecticut was the first state in the nation to begin offering MRA’s which are similar to individual retirement accounts for businesses.
The tax benefit of establishing an MRA includes…
The impact of United States v. Windsor, No. 12-307 (U.S. June 26, 2013), a case we reported on in an earlier post is far reaching and left many unanswered questions about same-sex spousal benefits. The IRS recently responded to some of these questions by issuing Revenue Ruling 2013-17 and addressed how this change would…
