The Department of Labor’s new overtime rules take effect December 1, 2016, and employers across the country are carefully reviewing and modifying
The Patient Protection and Affordable Care Act of 2010, as amended by the Health Care and Education Reconciliation Act of 2010 (the Healthcare Reform Law), includes a provision that requires employers to provide covered employees with the ability to take unpaid breaks to express milk for their nursing infants.
The Department of Labor has issued Field Assistance Bulletin (FAB) 2010-01 clarifying the extent to which pre-2009 contracts no longer receiving employer contributions under a tax-sheltered annuity Section 403(b) arrangement may be omitted from ERISA plan reporting, and when Section 403(b) arrangements are exempt from ERISA under the Department's "safe harbor" regulation.
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.
One of the oldest federal laws protecting employees’ rights, the Fair Labor Standards Act of 1938 (FLSA), might very well be the least understood and most commonly misapplied law in today’s increasingly white collar, high-tech workplace.
Participant contributions to certain ERISA plans must be deposited with the plan on the earliest date on which they can reasonably be segregated from the employer’s general assets.
A new safe harbor 401(k) plan option which can eliminate annual discrimination testing will be available for the first time in 2008.