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Archive by tag: Morgan LewisReturn

DOL’s Proposed Website-Based Electronic Disclosure Option Is a Welcome Change

The US Department of Labor (the Department) on October 22 announced the publication of a proposed rule intended to serve as a supplement to the Department’s existing electronic disclosure regulations. The proposed rule leaves the existing electronic...By: Morgan Lewis - ML Benefits
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Morgan Lewis - ML Benefits | Oct 25,2019 |

Warning: Your 2020 PBGC Premiums Could Be Much Higher than You Expect

Pension plans that are not fully funded for PBGC purposes have two parts to their PBGC premium. One part is a flat rate premium of $83 per participant in 2020 ($80 for 2019). The other is a variable rate premium that looks to the value of the plan’s...By: Morgan Lewis - ML Benefits
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Morgan Lewis - ML Benefits | Oct 22,2019 |

UK Immigration Update: Reminder to Employers on No-Deal and Deal Brexit Immigration Plans

Employers should review the proposals setting out no-deal Brexit plans, immigration plans if the United Kingdom does adopt the proposals set out in the withdrawal agreement, and related considerations....By: Morgan Lewis
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Morgan Lewis | Oct 17,2019 |

Federal Courts Halt New Public Charge Rule

The US District Court for the Southern District of New York on October 11 enjoined and halted enforcement of the new public charge rule that was due to become effective October 15, 2019. The court not only enjoined the US Department of Homeland...By: Morgan Lewis
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Morgan Lewis | Oct 15,2019 |

Multiple Changes for Multiple Employer Plans

While the Setting Every Community Up for Retirement Enhancement Act (the SECURE Act) and its promise of truly open multiple employer plans (MEPs) sat with the Senate this summer, the US Department of Labor (DOL) and Internal Revenue Service (IRS)...By: Morgan Lewis - ML Benefits
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Morgan Lewis - ML Benefits | Oct 11,2019 |

California Bill Makes Gig Economy Workers ‘Employees’

Companies who use app-based technology platforms to connect consumers directly with service providers have faced an important question of whether the individuals providing the services are contractors or employees. California recently passed...By: Morgan Lewis
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Morgan Lewis | Oct 04,2019 |

Final Regulations Update and Modify 401(k) Hardship Distribution Rules

The Internal Revenue Service on September 23 finalized proposed regulations relating to hardship distributions under an IRC 401(k) plan. The final regulations differ little from the proposed regulations published on November 14, 2018, and, like the...By: Morgan Lewis
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Morgan Lewis | Oct 03,2019 |

DOL Update to FLSA Regulations Extends Overtime Pay Eligibility

The US Department of Labor (DOL) announced the long-awaited final overtime rule on Tuesday. The Fair Labor Standards Act (FLSA) requires employers to pay time-and-a-half rates to workers making less than a threshold amount for all hours beyond 40 per...By: Morgan Lewis
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Morgan Lewis | Sep 25,2019 |

New Obligations for Employers in France in Employing People with Disabilities

In France, the Professional Future Law of September 5, 2018, amended the Employment Obligation of Disabled Workers with the aim of simplifying it and making it more effective. In addition, the Professional Future Law revised the legal regime for...By: Morgan Lewis
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Morgan Lewis | Sep 25,2019 |

Gender Pay Equality in France: March 1 Brings Three Important Events

Companies in France should pay attention to the date of March 1, 2020, for three reasons: First, it is the date on which the index on professional equality between men and women will be extended to companies with 50 to 249 employees. Second,...By: Morgan Lewis
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Morgan Lewis | Sep 24,2019 |
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