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News Notes: Court OKs Trading Pension Benefits For Signed Releases
It’s common to ask employees who accept early retirement to agree to waive future legal claims against you in exchange for higher pension payouts. But is it legal? Two years ago, the Ninth Circuit Court of Appeal ruled that Lockheed Corporation violated the Employee Retirement Income Security Act (ERISA) when it did just that. The […]
News Notes: Binding Arbitration Legislation Struck Down
In 2000, Sacramento lawmakers enacted SB 402, requiring counties and other local agencies to submit, under certain circumstances, to binding arbitration of economic issues that arise during negotiations with unions representing firefighters or law enforcement officers. Now the California Supreme Court has struck down the law, ruling that it interferes with state constitution provisions giving […]
How Would Your Talent Problems Fare if Amazon Chooses Your Area for HQ2?
*Editor’s Note: At the time of this interview, Amazon had yet to announce its new HQ2 location. However, on November 13, Amazon announced that New York City and Arlington, Virginia, will be the locations of its second headquarters. Rumors are flying about Amazon’s likely next location (or locations) for its second headquarters (HQ2). James Davis, the editor of […]
IRS Extends ATIP Program Deadline
Benefits: DOL Launches Website for Benefits Compliance
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has unveiled a new interactive website to assist employers operating group health plans with their compliance responsibilities under the various federal health benefits laws. The new Health Benefits Advisor provides information on these laws:
Employment Law Tip: New EEO-1 Report Due This Month
Employers take note: Sept. 30, 2007, is the deadline to file the annual EEO-1 Report with the Equal Employment Opportunity Commission (EEOC). This year, employers must use the new and revamped version of the form (Standard Form 100, rev. 1/06). The EEO-1 form must be filed annually by employers with 100 or more employees or […]
News Notes: Warehouse Retailers Subject To New Safety Provisions
A new law—S.B. 486—that’s aimed at increasing worker and customer safety in wholesale or retail warehouse establishments requires that if such businesses store merchandise on shelves higher than 12 feet above the sales floor, they must secure it from falling. Security methods could include safety rails, netting, security cables, shrink-wrapping pallets or tying items together. […]
Immigration: H-1B Petition Cap Quickly Reached
The U.S. Citizenship and Immigration Services (USCIS) announced that by the afternoon of April 2, 2007, it had received enough H-1B work visa petitions—150,000—to meet the congressionally mandated cap for fiscal year 2008. April 2 was the first day employers could submit H-1B petitions for 2008. The H-1B visa program allows U.S. businesses to employ […]
IRS Lawyers Discuss Reporting on Offers of Coverage
IRS officials described when employers themselves have to fill out full information on all health plan enrollees along with months enrolled, and when employers can hand that over to another entity, such as an insurer. Most employers offer minimum essential coverage to employees; the purpose of Section 6055 reporting is to demonstrate that they are […]