United States: Retirement, Superannuation & Pensions

Florida House Bill 5205E (2026 Special Session E) proposes to create a new Florida Statute subsection establishing an alternative cost-of-living adjustment (COLA) framework for certain Special Risk Class retirees...

Employers continue to receive pitches for wellness and medical indemnity programs promising significant payroll tax savings, but recent IRS guidance makes clear these arrangements...

The Supreme Court's recent decision in M&K Employee Solutions v. Trustees of the IAM National Pension Fund fundamentally changes how multiemployer pension plans calculate withdrawal liability for employers with unionized workforces.

The U.S. Department of Labor (DOL) has proposed a new rule that provides additional guidance on how retirement plan sponsors and fiduciaries can meet their investment selection obligations...

Recently, the Delaware Court of Chancery held in Los Angeles City Employees’ Retirement System v. Glenn Sanford, et al. (“eXp”) that officers’ and directors’ fiduciary oversight obligations may extend to the investigation and remediation of workplace sexual misconduct and that a failure to respond adequately in good faith to such claims may constitute a breach of fiduciary duty under the Caremark doctrine.

In the May 2026 issue of Taxes The Tax Magazine®, Groom principals Elizabeth Dold and David Levine authored the article, “Trump Accounts—It Begins with the First Set of Proposed Regulations,” exploring the IRS’s first wave of proposed guidance surrounding the new “Trump Accounts” program.

The NAIC's ERISA Working Group convened to address critical questions surrounding state regulation of pharmacy benefit managers and ERISA preemption. How should state regulators and legislators navigate the complex interplay between federal ERISA requirements and state PBM oversight laws? The Working Group's guidance document offers principles and lessons learned from legal challenges to help states craft enforceable PBM legislation.

This issue examines three significant federal appellate court decisions that shape class action litigation: the Fourth Circuit's analysis of ERISA claims and Rule 23(b)(1) certification requirements...

This comprehensive update covers significant regulatory developments affecting retirement and health plans, including the DOL's proposed safe harbor for investment selection, the reinstatement of the Five-Part Fiduciary Test, and critical court decisions on ERISA compliance. The bulletin also addresses emerging issues in prescription drug pricing litigation and provides essential compliance deadlines for plan administrators.