Category Archives: Regulatory & Compliance

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NEW FEDERAL REQUIREMENTS IMPOSING HIRING GOALS FOR VETERANS AND PEOPLE WITH DISABILITIES TO AFFECT APPROXIMATELY 171,000 COMPANIES

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By: Laurie A. Petersen and Samantha J. Wood On August 27, the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) announced a Final Rule that makes changes to the regulations implementing the Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) and Section 503 of the Rehabilitation Act of 1973. These changes are intended […]

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FINAL REGULATIONS ISSUED FOR WELLNESS PROGRAMS PERMITTED UNDER AFFORDABLE CARE ACT

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By: Alan M. Levy A major element of the Affordable Care Act (the “ACA,” a/k/a “Obamacare”) is the prohibition against denying coverage due to a pre- existing condition or otherwise discriminating in coverage, premium cost, or benefits because of an individual’s health condition. “Wellness programs” typically seek to incentivize a healthy lifestyle by rewarding organized […]

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NEW FMLA REGULATIONS TAKE EFFECT TODAY

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By: John E. Murray Last month the Department of Labor issued final regulations clarifying the right of eligible employees to take FMLA leave relating to military leave. These regulations take effect today. The relevant changes to the DOL’s prior regulations are: FMLA leave is available for qualifying exigencies arising out of the active duty of […]

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OFCCP PROPOSED RULE SEEKS TO INCREASE DISABILITY HIRING

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By: Laurie A. Petersen and Kristofor L. Hanson On December 9, 2011, the Department of Labor’s Office of Federal Contract Compliance Programs (“OFCCP”), published a Notice of Proposed Rulemaking, which if implemented, would impose significant changes on companies doing business with the federal government with respect to their hiring of persons with disabilities. The rule […]

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US DEPT OF LABOR ISSUES FINAL RULES ON INVESTMENT ADVICE FOR PARTICIPANT-DIRECTED INDIVIDUAL ACCOUNTS

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By: Alan M. Levy Long-awaited final rules for providing investment advice to participants and beneficiaries of 401(k) plans and other retirement programs which utilize participant-directed individual accounts were issued by the U.S. Department of Labor (“DOL”) on October 25, 2011. They will be effective December 27, 2011. A by-product of defined contribution plans supplanting defined […]

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