IRS Hands Holiday Gift to Companies with Cadillac Health Plans

Commencing Jan. 1, 2011, a provision of the Patient Protection and Affordable Care Act (PPACA) was set to prohibit companies from offering more expensive health insurance plans to top executives, armed with a fine of $100 per day for each such highly insured executive. Previously, this requirement had applied only to self-insured plans, but come […]

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DOL Regulatory Agenda to Focus on Workplace Safety Issues

In 2011 the Department of Labor (DOL) plans to issue 35 proposed rules and 25 final rules. Many of these will be emanating from the Occupational Safety and Health Administration (OSHA) and will be focusing on workplace safety issues. Details are contained in the department’s Semiannual Regulatory Agenda, which it published just this past Friday […]

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FMLA Leave Up by 10 Percent in 2010

According to a survey by FMLASource, the number of employees taking unpaid leave from work under the Family and Medical Leave Act (FMLA) has risen by 10 percent in 2010. “As companies continue to operate with leaner staffs in a slowly recovering economy, many workers are seeking FMLA job protection in order to take time […]

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Some States Raising the Minimum Wage Come Jan. 1, 2011

 

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New York Puts Some New Teeth into Wage and Hour Enforcement

Governor David Patterson of New York has signed into law the Wage Theft Prevention Act, which specifies new notification and reporting obligations on the part of employers and also raises the stakes money-wise on civil and criminal fines. It also provides for imprisonment in some circumstances. The law requires employers to provide documentation to each […]

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New DOL-ABA Hot Line Makes It Easy for Employees to Sue

 Beginning next Monday, the Department of Labor (DOL) will be setting up a hot line so complaint filers whom the DOL is too busy to serve can call a member of the American Bar Association (ABA) and seek legal redress over wage and FMLA issues. The partnership between the DOL and the ABA springs from […]

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DOL Collects $300 Million in Back Wages in New Enforcement Push

The Department of Labor (DOL) announced recently that it has collected more than $300 million in back wages since 2009, benefiting some 385,000 workers. Typically, back wages represent overtime pay that was withheld either knowingly or unknowingly. Since taking over, the Obama administration and DOL Secretary Hilda Solis have beefed up their inspection force by hiring […]

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EBSA Imposes New Requirements on 401(k) Fee Transparency

In the wake of a spate of high-profile employee class action lawsuits on excessive 401(k) fees, the Employee Benefits Security Administration (EBSA) has jumped into the fray with the publishing of a final rule of the transparency of fees and expenses associated with 401-(k)-type retirement plans. Plan administrators will now have to provide detailed, plain-language […]

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