Tag: DOL

retirement

DOL Seeks 18-Month Delay for Complying with Fiduciary Rule Exemptions

The U.S. Labor Secretary on August 9 disclosed in a short court filing that the Department of Labor (DOL) has submitted to the federal Office of Management and Budget (OMB) requests to amend three key aspects of the agency’s fiduciary rule and postpone its applicability to July 1, 2019.

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Health plan

Manager of Healthcare Network to Reimburse Plans for Fees, Says DOL

The U.S. Department of Labor (DOL) and a third-party administrator that provides employee health benefit plans with access to a network of doctors, hospitals, and other medical providers have reached an agreement in which the administrator has committed to improve its communications with health plans and to return certain fees the plans paid for claims […]

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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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training

Apprenticeships Help Close Skills Gap, Offer Expanded Training Opportunities

Forward-thinking companies like The Dow Chemical Company (Dow) are always on the lookout for innovative training opportunities that can help close the skills gap. Dow, which has successfully run apprenticeship programs across Europe for 40 years, recently reached an important milestone with its U.S. program.

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DOL Makes 5th (But Possibly Not Final) Request for Comments On Fiduciary Rule

The U.S. Department of Labor (DOL) on June 29 issued its fifth request (82 Fed. Reg. 31278) for public comments on the agency’s fiduciary definition and related exemptions, which took effect June 9. But the latest request for information (RFI) by the DOL since the rule’s inception in October 2010 may not be its last.

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overtime

DOL Last-Minute Reply Brief Drops Defense of Final Overtime Rule

The U.S. Department of Labor (DOL), headed by newly appointed Secretary of Labor Alexander Acosta, has decided not to defend the overtime rule finalized under the Obama Administration. Instead, the DOL will seek to begin a new rulemaking process, likely with a lower salary threshold for exemption.

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wage

Automatic Lunch Deductions Cost Employer $1.2M

An employer will pay nearly $1.2 million to resolve claims that it created wage and hour violations by automatically deducting a lunch break from workers’ hours, the U.S. Department of Labor (DOL) has announced.

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