All Items: Employee Benefits

  • Supreme Court Sides With Employer in ERISA Dispute

    27 January 2015

    The Supreme Court has ruled unanimously that a group of retired employees are not necessarily entitled to permanent, contribution-free health care benefits. Writing for the Court, Justice Clarence Thomas said, "Employers or other plan sponsors are generally free under ERISA at any time to adopt, modify or terminate welfare plans."

  • Guidance on Retroactive Parity for Mass Transit, Parking Benefits Issued by IRS

    12 January 2015

    In Notice 2015-2, the IRS has provided much anticipated special administrative procedures applicable to fourth-quarter 2014 Form 941, Employer's Quarterly Tax Return, and 2014 Form W-2, Wage and Tax Statement, for employers that allowed employees to defer more than $130 a month for mass transit benefits in 2014.

  • Illinois First State to Enact Automatic IRAs

    09 January 2015

    On January 4, 2015, Illinois Governor Pat Quinn signed into law the nation's first mandatory retirement savings plan.

  • Summary of Benefits and Coverage, Uniform Glossary Rules Changes Proposed

    06 January 2015

    The Departments of Health and Human Services, Labor and Treasury have released proposed regulations regarding the summary of benefits and coverage (SBC) and the uniform glossary for group health plans and health insurance coverage in the group and individual markets.

  • HR Forecasts 3% Pay Raise All Around in 2015

    29 December 2014

    Two in every three employers are set to increase pay rates in the year ahead, with most looking to award an extra 3% in the 2015 pay round, according to exclusive XpertHR research.

  • Parity for Mass Transit, Parking Benefits Restored for 2014, Among Other Extensions

    23 December 2014

    On December 19, President Obama signed into law the Tax Increase Prevention Act of 2014 (TIPA) retroactively reinstating to January 1, 2014 more than 50 different tax benefits that expired on December 31, 2013. Among these is the parity for mass transit (including transit passes and vanpools) and parking benefits.

  • ACA Employer Mandate Delay Subject of House Lawsuit

    02 December 2014

    The ACA employer mandate delay is the subject of a new House lawsuit.

  • IRS Updates Guidance on Taxation of Electronically-Provided Qualified Transportation Fringe Benefits

    26 November 2014

    The IRS has issued Revenue Ruling 2014-32 (Rev. Rul.) providing guidance on the tax consequences of employer use of smartcards, debit or credit cards, or other electronic media to provide qualified transportation fringe benefits to employees. The Rev. Rul. also discusses whether mandatory delivery charges employees incur when ordering vanpool vouchers are qualified transportation fringe benefits.

  • ACA Contraceptive Mandate Upheld by Federal Appeals Court

    17 November 2014

    The ACA contraceptive mandate has been upheld by the federal appeals court in the District of Columbia.

  • Two Strategies for Controlling Health Care Costs Could Lead to ACA Penalties

    14 November 2014

    The US Department of Labor (DOL) published FAQs clarifying that attempting to save on health care costs by reimbursing employees who purchase individual health insurance coverage or by providing cash incentives to employees to drop employer health coverage for individual coverage could result in Affordable Care Act (ACA) penalties.

About this category

News: HR and legal considerations for employers regarding employee benefit programs. Support on following regulations and requirements on this topic.