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Monthly Archives: September 2011
Affordability “Safe Harbor” Proposed under Health Care Reform Law; Public Comments Welcome
Amid talk on the campaign trail of repealing “Obamacare,” the federal government proceeds with laying the groundwork to implement the law’s requirements. Under the law, if an employer cannot or won’t provide affordable coverage to its employees, it will have … Continue reading
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Tagged Affordable Care act, safe harbor, shared responsibility payments
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Health Care Costs Continue to Rise; More Employers Responding by Cost-Shifting, Survey Shows
Health care reform hasn’t change the fundamental reality that the costs of health care in this country continues to rise. But how employers are responding to this problem has undergone a subtle shift in the last 5 years. That’s the … Continue reading
New Study: 401(k) Returns Do Better With Help
If you want to help your employees maximize their returns from their 401(k) accounts, then you’d be wise to offer them help, according to a study released this week. Employees who received some form of help experienced annual returns on … Continue reading
DOL Issues Interim Policy on Disclosing 401(k) Fees Using Electronic Media
The U.S. Department of Labor recently issued interim guidance on how employers may disclose 401(k) plan fees to plan participants using electronic media. The participant fee disclosure regulation requires employers to disclose more information about plan and investment costs to … Continue reading
Maine’s New Take-Your-Gun-to-Work Law About to Take Effect
Starting on Wednesday, employees in Maine will be allowed to bring guns to work provided they keep them locked in their vehicles in the company parking lot. The employee must have a valid license to carry a weapon. Employers can … Continue reading
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Tagged guns at work, Maine, parking lot, registered firearms
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Fired Teachers Ordered Rehired by D.C. Public Schools
The desire to do good can never come at the expense of employees’ rights. That’s the costly lesson the Washington, D.C. public school system learned this week. An arbitrator ruled that in her zeal to rid the D.C. public schools … Continue reading
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Tagged D.C. public schools, due process, fired teachers, probationary
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Tyson Foods to Pay $2.25 Million to Settle DOL Sex Discrimination Charges
The U.S. Department of Labor will spare no effort in ensuring that government contractors live up to their obligation to equal employment opportunity. This principle was reinforced again yesterday with the DOL’s announcement of a settlement of two sex discrimination … Continue reading
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Tagged Department of Labor, government contracts, sex discrimination, Tyson Foods
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Labor Department Delays New Fiduciary Rule
A new definition of “fiduciary” for investment advisers will have to wait awhile. The U.S. Department of Labor said yesterday that it withdrew and is reconsidering a proposed rule to redefine the definition of fiduciary for investment professionals who advise … Continue reading
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Tagged definition, Department of Labor, ERISA, fiduciary, investment adviser
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