Tag: 2016

COBRA

New Report May Help COBRA Plan Admins Seeking Insight on HCTC Advance Payment Process

Consolidated Omnibus Budget Reconciliation Act (COBRA) plan administrators seeking to better understand how the Health Coverage Tax Credit (HCTC)—including its advance payment system and how it will impact COBRA coverage and documentation—may find useful a new report issued by Treasury Inspector General for Tax Administration (TIGTA), as well as corresponding Internal Revenue Service (IRS) recommendations. […]

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Leave

Think You Can’t Terminate an Employee on FMLA Leave? Think Again

One of the biggest misconceptions about the Family and Medical Leave Act (FMLA) is that it insulates employees from disciplinary proceedings while they are on FMLA-approved leave. Anyone who assumes that taking FMLA-protected leave provides some type of protection from all disciplinary actions would be wise to remember the age-old adage about assumptions, as one […]

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401k

401(k) Expenses Lower in 2016 Due to Demand for Passive Funds, Price Wars

Remaining informed and aware of investing trends is one of the many duties that come with being an employer plan sponsor or serving on a plan’s investment committee. As average fund fees continue their slide from investors seeking lower-cost funds and price wars among some providers, it’s useful to understand what’s behind this trend. At […]

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What's Next

DOL Seeking Feedback on Long-Debated Overtime Rule

Employers will get the opportunity to offer feedback on changes to the regulation governing which workers are eligible for overtime pay after the U.S. Department of Labor (DOL) published a Request for Information (RFI) in the Federal Register on July 26.

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DOL Submits Request for Information on the Overtime Rule

The U.S. Department of Labor (DOL) has submitted a Request for Information (RFI) regarding the final overtime rule to the Office of Information and Regulatory Affairs (OIRA) for its review. An RFI is an optional step used by governmental agencies when drafting rules in order to obtain public input on whether a new rule or […]

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OSHA Proposes December 1 for Electronic Submission of 300As

The Occupational Safety and Health Administration (OSHA) issued a proposed rule to delay the date by which certain employers are required to submit their completed 300A form electronically from July 1 to December 1, 2017. The Agency is proposing the extension to allow the Trump administration an opportunity to review the requirements of the rule […]

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drug test

Workplace Drug Use Hits 12-Year High

Drug use in the American workforce has reached the highest positivity rate in 12 years, according to an analysis of more than 10 million workforce drug test results recently released by Quest Diagnostics, a provider of diagnostic information services. 

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health

Health Benefit Costs Still Rising Worldwide, Survey Finds

The cost of employer-provided healthcare benefits around the globe continues to climb with little relief in sight, according to a survey of health insurers by Willis Towers Watson. Insurers attribute this trend to the cost of hospital/inpatient and outpatient medical services, advanced medical technology, and the overuse and overprescribing of services.

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