Defined Benefits

Bill passed despite efforts by Rep. Thomas Massie (R-Ky) will provide employer and worker relief in multitude of areas.

The House is scheduled to bring the CARES Act to a vote on Friday, March 27.

The Coronavirus Aid, Relief, and Economic Security, or CARES Act, now heads to the House.

The novel coronavirus (COVID-19) pandemic raises many employee benefit and compensation considerations for employers. We examine key issues relating to COVID-19 and provide suggested strategies for employers to prepare for these issues.

Multiemployer plans facing insolvency would be bailed out, furloughed time would count toward retirement plans, and more.

The list of measures goes beyond the loan relief that is part of the GOP's Coronavirus Aid, Relief, and Economic Security Act.