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Mental health parity regulations take effect January 13

The final regulations implementing the Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008 will become effective January 13. The Act requires group health plans that offer mental health or substance use disorder benefits to ensure that those benefits are equivalent to the medical and surgical benefits offered by the […]

Obama Issues Statement Lending Support to Paycheck Fairness Act

This morning, President Barack Obama issued a statement from the White House voicing his support for — and urging Congress to move forward on — the Paycheck Fairness Act (PFA). In the statement, the President referred to the bill as a “commonsense bill” that is one of the key recommendations of the Equal Pay Enforcement […]

USI Advisors to Pay $1.3 Million to 13 DB Plans Over Mutual Fund Fee Disclosure

A Connecticut-based fiduciary investment adviser agreed in a settlement to pay about $1.3 million to 13 pension plans to resolve alleged ERISA violations related to mutual fund fees the firm received. USI Advisors Inc. made investments in mutual funds on behalf of ERISA-covered defined benefit plan clients and received 12b-1 fees from those funds, according […]

Hot List: New York Times Bestselling Hardcover Business Books

The following is a list of the bestselling hardcover business books as ranked by the New York Times on February 8. 1. Outliers: The Story of Success by Malcolm Gladwell. hy some people succeed — it has to do with luck and opportunities as well as talent — from the author of Blink: The Power […]

OFCCP Leader Highlights Mission Protecting Workers, Promoting Diversity, and Enforcing the Law

Patricia Shiu, director of the U.S. Department of Labor‘s Office of Federal Contract Compliance Programs (OFCCP), delivered the keynote speech at the annual meeting of federal contractors and OFCCP representatives for the National Industry Liaison Group on July 27 in New Orleans. The key portions of Shiu’s speech, in which she provided important updates on […]

Judge clears way for antiretaliation portion of new OSHA rule

The antiretaliation provisions of the Occupational Safety and Health Administration’s (OSHA) new electronic record-keeping rule are set to be implemented on December 1 after a Texas federal judge denied a request for a preliminary injunction on November 28. The eventual fate of the rule isn’t known since Judge Sam Lindsay of the U.S. District Court […]

Holiday Parties Are All the Rage in 2005

According to a new survey by HR consulting firm Hewitt Associates, almost three-quarters (74 percent) of employers are planning to host a party for employees this holiday season. Twenty-seven percent of these employers plan to spend $5,000 or less on their parties, 30 percent will pay between $5,000 and $20,000, and 15 percent will spend […]

PBGC May Exempt Most Companies, Pensions from ‘Reportable Events’ Rules

The Pension Benefit Guaranty Corp., in a policy reversal, has agreed to exempt most companies and their pension plans from sweeping “reportable events” requirements first proposed in 2009. This news should be a relief for the many small or financially sound companies with defined benefit plans that had expressed concern about reporting relatively minor business […]

Could Layoffs Equal a Class Action?

This should come as no shock, but people don’t like to get fired. And when they do get fired, they look for someone else to blame. Guess who? “You fired me because I’m X (fill in the blank with the name of a protected class).”