Effective June 29, 2020, the Health and Welfare Fringe Benefit Rates will remain $4.54 for those affected Service Contract Act wage determinations. The low-level (employee-by-employee) benefit will remain $4.54 per hour or $181.60 per week or $786.93 per month. Also, Wage and Hour Division (WHD) will continue to issue SCA wage determinations based ... Read More
The U.S. Department of Labor’s Wage and Hour Division (WHD) will hire an additional 55 investigators and 8 technicians to support its efforts to assist employers and ensure compliance with federal requirements.
Investigators conduct investigations to determine employers’ compliance with applicable federal labor laws. Technicians pro ... Read More
On May 12th the Internal Revenue Service (IRS) issued relief for § 125 cafeteria plans due to the COVID-19 pandemic and the impact it may be having on employees participating in these plans. For calendar year 2020, employers are being offered greater flexibility in administering certain mid-year election change requests. They may also extend cla ... Read More
The Internal Revenue Service (IRS) released guidance to allow temporary changes to Section 125 Cafeteria Plans. These changes extend the claims period for healthcare flexible spending arrangements (FSAs) and dependent dare assistance programs and allow taxpayers to make mid-year changes.
The guidance issued addresses unanticipated changes in expen ... Read More
In response to the COVID-19 outbreak the Department of Labor, in coordination with the IRS and Department of Health and Human Services (HHS), issued a notice extending certain health plan deadlines to accommodate participants and plans affected by the outbreak. The notice requires group health plans to disregard the period from March 1 ... Read More