In the News

Following Retirement Plan Rules When a Part-Time Employee Is Hired Full-Time, Plan Sponsor

Tuesday, October 16, 2018

Morgan Lewis of counsel Linda Way-Smith is quoted in an article by Plan Sponsor regarding the importance of employers keeping track of employee records during periods of transitional employment. Way-Smith notes in the article that, “good recordkeeping is always critical. Employers have obligations to keep records of employment for other laws such as minimum wage and overtime regulations as well. The general rule is to keep benefits information for at least six years, but actually, it varies.”

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