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To expedite distribution of retirement assets from companies in Chapter 7 bankruptcy proceedings, the U.S. Department of Labor wants to allow bankruptcy trustees to use its Abandoned Plan Program. This program establishes a process to terminate abandoned plans so that plan participants and beneficiaries gain quicker access to their benefits; currently, however, bankruptcy trustees do […]
It’s hard to believe, but summer is almost here. And if you’re planning on hiring young workers to add to your ranks during the summer months, now’s the time to read up on the special safety rules that apply to teens in the workplace. In fact, May is Safe Jobs for Youth Month in California. […]
Legislation just introduced in the California Senate would create a pilot program offering tax credits linked to flexible work schedules. Employers in Alameda, Contra Costa, Los Angeles, Marin, Orange, San Francisco, San Mateo, SantaClara and Sonoma counties would be eligible for a $500 income tax credit for every employee placed on an alternative work schedule. […]
Conducting employee performance appraisals can be a challenging process. And even if you’ve been successful in getting your managers to take the time to do the appraisal, there still could be some bumps in the road with the appraisal meeting itself.
BY Justin Alex, Proskauer Rose Law Firm Defined benefit plan sponsors can solve plan overpayments in several ways, including using IRS self-correction programs. But it’s important to remember that plans are not required to keep paying benefits to those not eligible for them to begin with, Proskauer Rose law firm associate attorney Justin Alex reminds us […]
Employers that offer qualified transportation benefits should be aware that they may soon need to adjust their plans. Lawmakers on Capitol Hill are setting the stage for the possible passage of a two-year federal highway funding law that could include a transit parity provision — which would return the mass transit exclusion to parity with […]
New data from a survey by PayScale, Inc., addresses male and female perspectives on gender equity and equal opportunity in the workplace and confirms that there is a “perception gap” between the sexes, especially in male-dominated fields such as the tech industry.
It’s time to post your Occupational Safety and Health Administration (OSHA) Form 300A, the summary of job-related injuries and illnesses that occurred last year. Unless you have 10 or fewer employees or fall within one of the industries normally excused from the Occupational Safety and Health Act’s (OSH Act) recordkeeping and posting requirements, you’re required […]
During the past five years, the Equal Employment Opportunity Commission (EEOC) has seen a 13 percent increase in the number of charges filed under the Americans with Disabilities Act (ADA) alleging discrimination based on diabetes. And according to the Centers for Disease Control, approximately one million cases of diabetes are diagnosed each year in the […]
The federal agencies implementing health reform continue to delay aspects of roll-out, especially as they relate to state-based health insurance marketplaces (also called “exchanges”), which are supposed to be up and running on Oct. 1. The Obama White House announced on Sept. 27 that federally run health-insurance exchanges, required by health care reform, will not […]