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News Flash: Limits On Retirement Benefits To Go Up

Employees will be able defer a maximum of $10,500 to their401(k) plans next year, rather than the $10,000 cap currently in effect, under newcost-of-living adjustments announced by the IRS that go into effect January 1. Inaddition, the maximum annual benefit that can be funded through a defined benefit planwill rise to $135,000 from $130,000, although […]

News Flash: Hearings On Overtime Exemption For Computer Professionals

The state legislature continues to consider a bill that wouldexempt professionals in the computer industry from overtime. As we went to press, theAssembly’s Appropriations Committee has a hearing set for June 28 on S.B. 88, whichalready passed the state Senate. The proposal would relieve computer-industry employersfrom having to pay overtime to hourly workers who earn […]

Ruling supports firing pot smokers despite Colorado law

The Colorado Court of Appeals has upheld an employee’s firing for off-duty marijuana use, despite medical and recreational use of the drug being allowed under state law. A quadriplegic employee who used marijuana under the state’s medical marijuana amendment filed a lawsuit after he tested positive for drugs in violation of company policy and was […]

Online Resources for Information on Health Care Reform

You may feel as if you can’t get away from discussions and debates on health care reform. When you turn on the TV, browse the Internet, or listen to the radio, you may be inundated with the latest challenges, fights, and screaming matches over the subject. Although health care reform has become one of the […]

Judge Rejects Challenge to ACA Tax Credit, Shores Up Individual Mandate

On Jan. 15, the U.S. District Court for the District of Columbia held that the IRS can issue premium tax credits (under the Affordable Care Act) to individuals whether they enrolled for coverage through a federally or state-run health insurance exchange. The complaint was brought by three employers and four individuals, including Jacqueline Halbig, who […]

Week in Review—February 4 , 2011

Note to Readers: This newsletter appears daily, but we know some of you don’t always have the time to read it everyday. For your convenience, here’s a re-publication of what we covered this past week. Daily, weekly, or anything in between, we’re pleased to keep you informed with the latest tips, news, and advice on […]

Wage And Hour: IWC Wage Order Hearing Developments

On June 30, in Sacramento, the Industrial Welfare Commission was scheduled to hold a hearing to review current overtime and other wage and hour rules and come up with new wage orders. The commission planned to discuss and take action on several issues including these key items: