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Schulte Roth & Zabel LLP | USA | 11 Feb 2010

The new overtime regulations

The Fair Labor Standards Act ("FLSA") is the federal wage and hour law that generally requires covered employers to pay overtime (at time-and-one-half of employees' regular hourly wage rates) if employees work over forty hours in a workweek.


Schulte Roth & Zabel LLP | USA | 20 Nov 2007

New regulation on qualified default investment alternatives for participant-directed individual account plans

On October 24, 2007, the Department of Labor issued the final regulations implementing the default investment amendments made to the Employee Retirement Income Security Act of 1974 ("ERISA") by the Pension Protection Act of 2006.

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