If your job requires that you take a temperature check before you start your shift, you might be wondering if that activity counts as compensable time. Under FLSA law, if the activity is considered a “principal activity,” in that it is necessary to complete for the employee to perform their duties, then it is compensable. Expanding on this, employers must…
Nationwide Class Action Law Firm
Year: 2022
Michigan company violated fiduciary duty for 401(k) contributions
One of the key responsibilities that employers have to their employees under the Employee Retirement Income Security Act (ERISA) is their fiduciary duty to look after their retirement plan contributions. According to the U.S. Department of Labor (DOL), which is...
The minimum wage increase for federal employees affects 67,000
Last month, the U.S. Office of Personnel Management (OPM) announced that it is raising the minimum wage for civilian employees of the federal government to $15.00 an hour. The increase affects some 67,000 people who work in the U.S. across multiple agencies and...
What were the top 5 ERISA lawsuits of 2021?
Planning for retirement is something everyone should do to ensure peace of mind. Yet, sometimes those plans fail to work out for reasons beyond your control. If those in charge of your ERISA-protected retirement plan do not do the job they are paid for, you may suffer...
Does My Employer Have to Pay Me for Dressing Up
If you work in a field that requires you to wear personal protective equipment, commonly referred to as “PPE”, or other equipment, your employer might have to compensate you for donning and doffing gear. We will explore the circumstances where paid compensation may be required by law. Read on to find out if you should be getting paid for the…
Supreme Court Hands ERISA Plaintiffs Victory In Hughes vs. Northwestern University
An ERISA fiduciary’s duty does not end when the fiduciary selects plan investments at the outset. Rather, “‘a fiduciary normally has a continuing duty of some kind to monitor investments and remove imprudent ones.’”
Don’t let retaliation prevent you from obtaining a fair wage
No matter which industry you are employed in, you are entitled to fair compensation for the work that you do. In fact, this is enshrined in federal law. The provisions of the Fair Labor Standards Act (FLSA) dictate the minimum wage requirements that employers are...
The most common ways that employers rob employees of earned wages
When you signed your employment contract, you had an understanding that you would work hard, and that your employer would compensate you for the work that you accomplish. Unfortunately, all too often employers shortchange their employees by failing to pay them fully...
Edelson Lechtzin LLP files an ERISA excessive fee class action against Marathon Petroleum Company
As of year-end 2020, the Plan had net assets of more than $6 billion. This gave the Plan had substantial bargaining power regarding the fees and expenses that were charged against participants’ investments. The Plan’s fiduciaries failed to use this bargaining power to the Plan’s advantage. Instead, Plan participants were saddled with above-market recordkeeping and administrative fees.
Companies Using Outdated Mortality Tables May Be Shortchanging Retirees
Thousands of pension plans are using outdated mortality tables to determine the value of pension benefits they are required to pay. Pension payments and annuities calculated using out-of-date mortality tables are generally worth less than benefits calculated on the basis of updated mortality data. Using old tables reduces the present value of benefits because these tables predict that people will die at a faster rate than the new tables do.