November 30, 2015
Paula Calimafde Provides Commentary in Plan Adviser Article on Retirement Plans
- November 30, 2015
- Related Attorneys: Paula Calimafde
- Related Practice Areas: Retirement Plans, Employee Benefits
Paula Calimafde provides commentary in Plan Adviser article, “Closer Look at State-Run Retirement Systems for Private Sector,” by Lee Barney (November 17, 2015). The article addresses new laws and guidance from the Department of Labor concerning state-run retirement plans and the issues that may arise as a result of these plans.
“'DOL’s new regulations provide that the state-run programs are not subject to ERISA, while those plans sponsored by the private sector are,’ Calimafde says. ‘For the DOL to tilt the playing field towards state-run retirement plans and against the private sector is offensive. Employee Benefits Security Administration chief, Phyllis Borzi, explained this by saying she has ‘absolute confidence that the state has the best interest of its citizens in mind.’ While this is probably true, as we all know, there is often a huge gap between intentions and results.’”
The full article, “Closer Look at State-Run Retirement Systems for Private Sector,” can be found on the Plan Adviser website.
April 24, 2018
Eleven Paley Rothman attorneys were named to the 2018 Washington D.C. Super Lawyers list and six were selected 2018 "Washington D.C. Rising Stars."Read More
The scammers are out in force with new tax scams. What are the latest tax return scams?Read More
Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys and relevant to our areas of practice.Read More