Category Archives: Hour & Wage

IRS Raises FSA Limits, Other Benefits for 2018

By | Fringe Benefit, Government Contractors, Healthcare and Welfare, Hour & Wage, IRS, Uncategorized, Wellness Incentive | No Comments
The IRS just released the 2018 Cost-of-Living Adjustments (COLAs) for a variety of tax-related limits. The changes, as outlined in Revenue Procedure 2017-58, featured several notable adjustments employers should be aware of: Employees will be able to contribute up to $2,650 to a health flexible spending account (FSA), a $50 increase from 2 ... Read More

The Advantages of Pooling SCA and Non-SCA Benefit Claims ‎Should Not Be Overlooked by Federal Contractors

By | ACA, Affordable Care Act, Benefits Administration, Government Contractors, H&W, Hour & Wage, SCA, Service Contract Act | No Comments
There is a common misconception, often repeated by so called "experts" in our field, that is preventing many federal contractors from maximizing cost effectiveness in the allocation of H&W dollars on SCA contracts. A recent article written by nationally recognized attorney, author and speaker Walter W. Miller explains how contractors ... Read More

2015 Rate Increase Announced for SCA Health and Welfare Fringe Benefits

By | DOL Audit, Fringe Benefit, Fringe Rate, H&W, Hour & Wage, SCA, Service Contract Act, Uncategorized | No Comments
The U.S. Department of Labor has released its annual memorandum noting a rate increase for Service Contract Act (SCA) Health and Welfare Fringe Benefits. The new rate is $4.27 per hour (up from $4.02 per hour last year) and is required in all government contract bids, or other service contracts awarded on or after June 30, 2015. SCA benefit chan ... Read More

Labor and Employment Alert: HPID Deadline Delayed

By | ACA, Hour & Wage, SCA Compliance, Service Contract Act | No Comments
The November 5, 2014 deadline that had been previously set by Centers for Medicare and Medicaid Services (CMS) for most self-insured health plans to obtain a health plan identification number (HPID), has been delayed. On October 31, 2014 – just days before the deadline – CMS announced an indefinite delay in enforcement of regulations pertaining ... Read More