Overview
Since the passage of the Employee Retirement Income Security Act of 1974 (ERISA), the regulation of pension and welfare benefits has been the subject of several major pieces of legislation, significant annual legislative modifications, and numerous administrative regulations and pronouncements. This dramatic and continuing expansion has created a particularly complex and fluctuating area of law that impacts higher education institutions and their employees. Bond counsels its higher education clients on all aspects of this burgeoning field of law -- not only to address the myriad legal requirements, but also to develop and implement benefits, strategies and plans that serve each institution's particular objectives.
Our experience in the higher education area extends to all types of retirement and welfare benefit plans, including:
- health plans
- employee assistance plans
- group term life insurance plans
- severance pay plans
- cafeteria plans
- early retirement incentive programs
- tuition reduction plans
- golden parachute arrangements
- educational assistance plans
- defined benefit retirement plans
- dependent care plans
- defined contribution plans
