In October, the Department of Labor issued proposed regulations that would allow retirement plan administrators to make required disclosures to participants accessible on a website; as opposed to requiring plan administrators to send numerous paper...By: Laner Muchin, Ltd.
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The EEOC has now clarified that it will not seek renewal of its authorization to collect Component 2 data for the EEO-1 survey. As previously discussed by the Fast Laner, Component 2 data required covered employers to classify employees based on job...By: Laner Muchin, Ltd.
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As we previously reported, Illinois implemented the Illinois Secure Choice Savings Program (Program), under which private sector workers in Illinois who do not have access to an employer-sponsored retirement plan will be automatically enrolled in...By: Laner Muchin, Ltd.
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Last week, a federal judge in Chicago rejected the class action claims of Chicago Police Department (CPD) SWAT officers who sued the City for overtime pay for transporting, loading/unloading, and storing equipment that they took home, such as rifles,...By: Laner Muchin, Ltd.
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Earlier this year, we summarized proposed Treasury regulations and the Bipartisan Budget Act of 2018, which made changes to the rules governing hardship distributions from 401(k) and 403(b) plans....By: Laner Muchin, Ltd.
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On September 24, 2019, the U.S. Department of Labor (DOL) issued a final rule that will increase the threshold salary requirement necessary for employees to be exempt from minimum wage and overtime requirements under the Fair Labor Standards Act...By: Laner Muchin, Ltd.
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Q: What is the “salary history ban”? A: The “salary history ban” is an amendment to the Illinois Equal Pay Act of 2003 that prohibits employers from......By: Laner Muchin, Ltd.
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Earlier this year, on January 31, 2019, the U.S. Department of Homeland Security (DHS) amended its H-1B regulations governing petitions filed under the H-1B CAP visa lottery, to now require employers filing H-1B CAP petitions to first register...By: Laner Muchin, Ltd.
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On August 9, 2019 the National Labor Relations Board (NLRB) announced that it would be proposing three amendments to its regulations which govern the filing and processing of representation petitions. The first amendment would replace the current...By: Laner Muchin, Ltd.
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Retirement plan administrators can run into issues with uncashed distribution checks, most often when those distributions are mandated as required minimum distributions under the Tax Code. Last month, the IRS issued Revenue Ruling 2019-19, in which...By: Laner Muchin, Ltd.
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