All Items: Employee Benefits

  • Excise Tax on Cadillac Plans: IRS Seeks Employer Input

    04 March 2015

    In Notice 2015-16, the IRS seeks comments from employers on the scope of regulations it plans to propose regarding the 40% excise tax on high-cost group health plans.

  • Medical Marijuana in Michigan: Appeals Court Rules on Employee Eligibility for Unemployment Benefits

    24 February 2015

    The Michigan Court of Appeals has ruled that individuals who are state-approved medical marijuana users under the Michigan Medical Marihuana Act (MMMA) should remain eligible to receive unemployment benefits under the Michigan Employment Security Act. The appeals court based its decision in Braska v. Challenge Manufacturing Co. on the fact that the provision of unemployment benefits constitutes state action.

  • IRS Releases Final Instructions to ACA Reporting Forms

    12 February 2015

    The IRS has released the final instructions to Forms 1094-C and 1095-C and Forms 1094-B and 1095-B. Employers are required to complete and file the forms with the IRS to report on their employee health care coverage, as required by the Affordable Care Act (ACA) and Internal Revenue Code § 6055 and § 6056.

  • 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.

About this category

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