All Items: Employee Benefits

  • IRS Extends ACA Information-Reporting Deadline, Penalty Relief

    Date:
    November 21, 2016

    In Notice 2016-70, the IRS extended the deadline for employers to furnish individual statements to employees under the Affordable Care Act and continues to provide relief from penalties for incomplete or incorrect information reports filed in good faith.

  • Annual Inflation Adjustments for Fringe Benefits and Income Taxes Released by IRS

    Date:
    October 27, 2016

    The IRS has released Revenue Procedure 2016-55, which provides the annual inflation adjustments to the employer-provided fringe benefit limitations and personal income tax-related amounts.

  • Workers' Compensation Opt-Out Law Struck Down by Oklahoma Supreme Court

    Date:
    September 16, 2016

    In Vasquez v. Dillard's, Inc., the Oklahoma Supreme Court struck down the state Employee Injury Benefit Act (Opt Out Act), which allows employers to opt out of the state workers' compensation system.

  • Final IRS Regulations Define Marriage in Gender-Neutral Terms

    Date:
    September 6, 2016

    On September 2, the IRS released immediately effective final regulations that define the term "spouse" in a gender-neutral manner under federal law. The regulations follow up on two Supreme Court decisions that have recognized same-sex marriage at the federal and state levels since 2013.

  • State Payroll Deduction Auto-IRAs Authorized by DOL

    Date:
    September 1, 2016

    In the interest of encouraging retirement savings to protect the economic security of older Americans, the Department of Labor's Employee Benefits Security Administration has issued a final rule guiding states on how to design payroll deduction savings initiatives with automatic employee enrollment (auto-IRAs) without being preempted by the Employee Retirement Income Security Act (ERISA). The final rule also provides guidance to the employers that eventually may be required to offer such programs to employees.

  • California Convicted or Indicted Physicians, Providers Filed $600 Million in Workers' Compensation Liens

    Date:
    August 24, 2016

    $600 million in liens filed against injured employees' claims for workers' compensation benefits have been filed by convicted or criminally indicted parties from 2011 through 2015, according to California's Division of Industrial Relations (DIR) and its Division of Workers' Compensation.

  • Retirement Plan Lawsuits Against Top Universities Could Spark Trend

    Date:
    August 19, 2016

    Class-action lawsuits have been filed against nine of the nation's top universities claiming that employees and retirees were forced to pay millions of dollars in excessive fees relating to their 401(k) and 403(b) accounts in violation of the Employee Retirement Income Security Act (ERISA).

  • Telecommuting, Flexible Schedules More Important Than Salary for Many Parents, Survey Finds

    Date:
    August 18, 2016

    A self-selected, voluntary sample of 1,200 parents of school-age children reported that the opportunity to telecommute or work according to a flexible schedule was among the most important factors they look at when considering a potential job.

  • IRS Proposes Regulations on Group Health Benefit Opt-Out Payments

    Date:
    July 14, 2016

    The IRS has issued proposed regulations that confirm the position it took in Notice 2015-87 with regard to unconditional opt-out payments - payments made to employees who forgo group health benefits, which increase the amount of their monthly premium by the amount of the payments. The proposed regulations, which also cover eligible conditional opt-out payments, would take effect for plan years beginning in 2017.

  • ACA Electronic Information Return Filing Deadline Is June 30

    Date:
    June 27, 2016

    The IRS is urgently reminding self-insured employers, applicable large employers and providers of health coverage that the due date to electronically file information returns in compliance with the Affordable Care Act (ACA) is this week - on June 30. This includes electronic filing of the 1094 and 1095 series of forms.

About This Category

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