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Certain Workforce Reductions Trigger Plant Closing Notice & Other Obligations
While some businesses report improved business or hiring outlooks for 2010, many others are running out of time before the economic downturn and financing restrictions will force them to implement...
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New Labor Department Rule Allows Employers 7 Days To Deliver Employee...
Regulations published by the Department of Labor today (January 14, 2010) offer employers the opportunity to eliminate questions about the timeliness of their deposit of employee contributions and...
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Extension of Unemployment Benefits Signed Into Law & Immediately Effective As...
Effective yesterday, the Temporary Extension Act of 2010, H.R. 4691,extended unemployment benefits to April 5, 2010 & extended/expanded the ARRA COBRA premium subsidy & its noncompliance...
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Proposed New Defined Benefit Plan Annual Funding Notice Rule Reminder of Need...
Plan sponsors and administrators of defined benefit plans must carefully monitor and comply with the funding, notification, insurance and other associated requirements of the minimum funding rules...
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ERISA Leader Nell Hennessy Dies From Cancer
Nell Hennessy died February 4, 2011 after a brave battle with cancer. Her passing was announced earlier today by Phyllis C. Borzi, Assistant Secretary of Labor Employee Benefits Security...
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Plan Sponsors. Their Owners & Management & Others Risk Personal Liability If...
Executives, board members, and other business leaders of companies providing health, 401(k) or other employee benefits under plans regulated by the Employee Retirement Income Security Act of 1974, as...
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Spectrum Healthcare NLRB Charge Settlement Highlights Need To Defend Against...
The National Labor Regulations Board (NLRB)’s announcement of a settlement against a Connecticut nursing home operator this week in conjunction with a series of other enforcement actions highlight the...
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Borzi Tells House Committee Current Fiduciary Regs Flawed; Must Fix Loopholes...
Assistant Secretary of Labor, Employee Benefits Security Administration (EBSA) Phyllis C. Borzi testified Tuesday, July 26, 2011 to the House Committee on Education and the Workforce Subcommitte on...
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Tighten Defensibility of Criminal & Other Background Check Practices In Light...
Employers, job banks, recruiters and other parties that conduct and rely upon criminal background checks for purposes of screening applicants or making other employment decisions should review and...
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Congress Gives Defined Benefit Plan Sponsors Welcome Funding Relief, Raises...
The Employee Retirement Income Security Act of 1974, as amended (ERISA) and the Internal Revenue Code generally require employers that sponsor defined benefit pension plans make sufficient...
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Boost Employee Recognition of Value Of Employer & Other Retirement Savings...
Studies suggest that employees need to save an estimated 40% of current earnings to have sufficient savings to fund the anticipated cost to keep up their lifestyle post retirement for their expected...
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13 Employer Tips For Coping With Health Care Reform Now!
Since the Supreme Court’s June 28, 2012 National Federation of Independent Business v. Sebelius health care reform ruling upholding the “pay or play” mandates of the Patient Protection & Affordable...
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Insured “Expatriate Plans” Get Temporary Reprieve From Affordable Care Act...
“Expatriate health plans” within the meaning of the “FAQS About Affordable Care Act Implementation (Part XIII)”(the “Expat FAQ”) are not required to comply the Affordable Care Act (ACA) requirements...
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Test Your Health Care Reform Knowledge On 3rd Anniversary of Reform Passage
March 21, 2013 is the 3rd Anniversary of the Affordable Care Act. With the 2014 rollout of the next round of reforms approaching, the Kaiser Family Foundation invites you to take its latest...
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Administration Proposes Expanding Eligibility, Simplifying Small Employer...
The Obama Administration’s Fiscal Year 2014 Revenue Proposals include a proposal to expand the group of employers eligible for the Small Employer Health Care Tax Credit (Health Credit) enacted as part...
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Justice Department Charges Employer, Pension Plan With Violating USERRA...
The Justice Department’s announcement today of its filing of a lawsuit charging County Employees’ and Officers’ Annuity and Benefit Fund of Cook County (Cook Pension Plan) and Cook County with...
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Responding To West, Texas, Boston & Other Tragedies: Information and...
As our concern and prayers go out to the citizens of West, Texas struggle to deal with the injuries and damages resulting from the April 17, 2013 explosion in the wake of the Boston bombing tragedy...
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Study Finds Down Economy, Not Health Care Reform Accounts For Slower Health...
Bad economic times, and not health care reform, account for the record slowdown in U.S. health care spending, according to a new Kaiser Family Foundation study, Assessing the Effects of the Economy on...
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New IRS Guidance On ESOP Investment Diversification Reminder To Tighten...
Fiduciaries, administrators, sponsors, advisors, trustees and others with involvement or responsibility for Employee Stock Option Plans (ESOPs) should review these rules and ensure that appropriate...
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Id & Manage Hidden Employee Benefit Exposures In Business Insolvency Or Other...
The June 4, 2013 announcement of the Employee Benefit Security Administration (EBSA) provides a timely reminder to businesses sponsoring employee benefit plans, their owners and management, plan...
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