The Joint Select Committee on Solvency of Multiemployer Pension Plans (JSC) was formed in early 2018 with the objective of developing legislative solutions to improve the solvency of multiemployer pension … Continued
We often are asked about ways for employers to assist in addressing certain non-healthy employee behaviors by providing incentives to have an employee attempt to alter their lifestyle and address … Continued
On December 31, 2018, the Internal Revenue Service (IRS) issued Notice 2019-09 (Notice), which provides interim guidance on the new excise tax applicable to certain compensation paid by tax-exempt organizations … Continued
We all agree that there is a basic requirement in business to have in place a solid performance management, reward strategies and system capabilities to be successful. Although, all too … Continued
Background If you are in the midst of setting compensation rates for 2019, including salary budgets, you may want to consider the following facts:The results of the October jobs report … Continued
On October 23, 2018, the Trump Administration released a proposed rule that would expand the use of Health Reimbursement Arrangements (HRAs), starting in 2020, by effectively rolling back Obama era … Continued
Background: Average hourly earnings increased 2.7% in June from a year earlier, according to the Labor Department’s monthly jobs data released last Friday. That is good news for U.S. workers … Continued
Background: After bargaining to impasse, Just Born implemented its last, best and final offer, which included a soft-freeze type provision, where contributions would be made to the Multiemployer Pension Fund … Continued
The Ninth Circuit Court of Appeals issued a recent ruling that wage disparity based on “prior salary alone or in combination with other factors” violated the Equal Pay Act (Rizo … Continued
The Internal Revenue Service has created an Employee Plans Compliance Resolution System (EPCRS) for correcting qualified plan (e.g., Defined Benefit and Defined Contribution) errors, including Self-Correction Program (SCP), Voluntary Correction … Continued