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IRS to Answer Your Questions on 401(k) Compliance

As a follow-up to its “Section 401(k) Compliance Check Questionnaire Interim Report,” the IRS will host a phone forum March 6. The phone forum will be hosted by Monika Templeman, Director of Employee Plans Examinations at the IRS, along with IRS employees Janice Gore and Rhonda Migdail. Submit any questions you have about the Interim […]

A More Flexible Contraceptive Mandate? Carve-outs for Religious Organizations Look Likely

After increasing hammering from conservatives, the White House looks like it is ready to compromise on health reform’s contraception mandate. The administration had included contraceptives and sterilization in its list of preventive services all (except the few grandfathered) plans must cover starting plan years in August 2012. It had offered a year-long delay to religious […]

OFCCP Gives Employers Until Feb. 21 to Respond to Quota for Hiring Workers With Disabilities

Federal contractors  have an additional two weeks — until Feb. 21 — to respond to the Labor Department’s proposal establishing goals for hiring workers with disabilities. In December, Labor’s Office of Federal Contract Compliance Programs released proposed regulations that would require federal contractors to aim to have 7 percent of their workforce be individuals with […]

10 Keys to Market Pricing in Tough Times

Everyone’s talking market pricing, but many are not doing it well. Even with limited resources, you can take the steps to align your pay structure with the market, says consultant Mary A. Rizzuti CCP, PHR. In today’s Advisor, Rizzuti, who is a principal at PHR Compensation Resources, Inc. in Upper Saddle River, NJ, shares her […]

Expert Explains Five Issues Raised by IRS’ Guidance on Lifetime Annuity Contracts

In this post, we reported on new IRS proposed rules on purchasing qualified lifetime annuity contracts (QLACs) under certain retirement plans. Recently in his blog, an industry expert provided more details on the guidance’s significance. In his blog the Business of Benefits, Attorney Robert Toth Jr., explains how: With just a relatively short regulation and […]

Comment Period Extended for OFCCP’s Disability Hiring Rule

The U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has extended the comment period on its proposed rule aimed at increasing employment of people with disabilities. The new deadline for comments is February 21. The OFCCP published a notice of proposed rulemaking on December 9, 2011, that outlined the proposal to revise […]

Prop 8 Unconstitutional, For Now

By Mark I. Schickman The legal status of gay marriage in California has been a rollercoaster ride. First, the California Supreme Court held that a ban on gay marriage was unconstitutional. Then California passed Proposition 8, writing a ban on gay marriage into the California Constitution — and the California Supreme Court bowed to that […]

FLSA Recordkeeping Requirements

Perhaps the most important of employer records, personnel and payroll records are often subject to heightened scrutiny in terms of both legal protection and corresponding enforcement activity by regulatory agencies. Consequently, proper maintenance of these records is of the utmost importance.

California Same-sex Marriage Ban Unconstitutional, 9th Circuit Says

Employers and plan administrators in California should continue to watch the pendulum regarding same-sex marriage in the Golden State, which has swung again. A three-judge panel of the U.S. 9th Circuit Court of Appeals ruled 2-1 on Feb. 8 in Perry v. Brown, Nos. 10-16696, 11-16577, that Proposition 8, the ballot initiative that amended the […]

Managing Base Compensation with Pay Grade Planning

The economic environment presents comp managers with many challenges, but base pay management is at the head of juggling act, says compensation consultant Mary A. Rizzuti, CCP, PHR. How can we remain competitive with smaller budgets? In today’s Advisor, Rizzuti, who is a principal at PHR Compensation Resources, Inc. in Upper Saddle River, NJ, shares […]