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24 Apr 2024, 5:57 am
” Trump and Orbán’s continuing public alignment on key policy issues also “threatens trans-Atlantic security,”—despite Orban’s repeated claims to the contrary—with the pair reportedly aligning on, among other this, the Russian-Ukraine war and eyeing an end to U.S. funding and aid to Ukraine. [read post]
22 Apr 2024, 11:15 am
‘Limited partners’: the investors into the private equity funds. [read post]
22 Apr 2024, 6:00 am
Karam was also ordered to pay UCSD $150,000 by May 17, representing a reduction in his pension earnings from the date of his crime until his termination. [read post]
22 Apr 2024, 6:00 am
Karam was also ordered to pay UCSD $150,000 by May 17, representing a reduction in his pension earnings from the date of his crime until his termination. [read post]
21 Apr 2024, 5:00 pm
Fiduciaries of health and welfare benefit plans that fund benefits through a trust have an additional duty to diversify plan investments. [read post]
19 Apr 2024, 9:05 pm
Congress enacted the Pension Protection Act in 2006, which revised the provision in the Internal Revenue Code that governs DAFs. [read post]
18 Apr 2024, 2:05 pm
., City Pension Fund for Firefighters and Police Officers in City of Miami v. [read post]
16 Apr 2024, 9:05 pm
Public pension plans have also been identified as a potential source of inefficiency due to some of their distinctive features (Clayton 2022b). [read post]
16 Apr 2024, 4:00 am
A public-interest, non-profit corporation was prohibited from distributing a movie about Hillary Clinton a set number of days before the Presidential primaries (unless it funded the movie out of segregated funds). [read post]
11 Apr 2024, 5:59 pm
In order to protect the public from bad advice, in 2015 the State of Florida made it illegal for non-attorneys to provide legal advice with regard to Medicaid. [read post]
11 Apr 2024, 6:40 am
In a matter of first impression for federal courts, the Northern District of Illinois found that a pension fund cannot use post-2014 contribution rate increases made pursuant to a rehabilitation plan to calculate an employer’s withdrawal liability payment amount. [read post]
6 Apr 2024, 5:00 am
READ MORE Connecticut Officials Vow to Close Loopholes in Disability Pension System State leaders promised a series of sweeping reforms to address problems in the disability pension system, just hours after the publication of a report highlighting poor management. [read post]
6 Apr 2024, 5:00 am
READ MORE Connecticut Officials Vow to Close Loopholes in Disability Pension System State leaders promised a series of sweeping reforms to address problems in the disability pension system, just hours after the publication of a report highlighting poor management. [read post]
5 Apr 2024, 12:30 pm
And a case from Chicago on union pensions and penalties. [read post]
4 Apr 2024, 1:09 pm
" When it came to deploying the federal funds, state governments emphasized "General Government Expenditures ($379 per $1000 of federal aid) and state and local pension contributions ($72 per $1000 of federal aid). [read post]
2 Apr 2024, 9:01 pm
If enacted, the 2024 amendments will, among other things, make the following changes: Section 122, which enumerates express powers that a corporation may exercise, is being amended in response to the Delaware Court of Chancery’s opinion in West Palm Beach Firefighters’ Pension Fund v. [read post]
29 Mar 2024, 7:28 pm
That is, public policy does not drive economic production (its character and choices); rather public policy creates the "playing field" within those choices can be made in conformity to collective expectations, duties, and obligations (some of which are written into law especially in the guise of compliance measures and "hardened" private law; see also here). [read post]
23 Mar 2024, 10:47 am
In the post Two Vehicles, One Home: Fiscal Sponsorship and Donor Advised Funds, I referenced the following excerpt from the legislative history relating to the Pension Protection Act of 2006 and its definition of a DAF, available at https://www.jct.gov/publications/2006/jcx-38-06/ (download): The first prong of the DAF definition requires that a donor advised fund be separately identified by reference to contributions of a donor or donors. [read post]
22 Mar 2024, 6:37 am
“However, investors and companies in both the public and private markets know otherwise and have been raising the alarm through both public comment and the courts. [read post]
21 Mar 2024, 6:00 am
A recent poll of 1,000 likely 2024 voters nationwide by Lake Research Partners found that voters strongly oppose – by 56% to 30%, a nearly 2-1 margin – Congress passing legislation to limit the type of information about a corporation’s business record that is disclosed to pension and retirement fund managers, investors, and the public. [read post]
