Taxpayer Advocate Service has self-help tools to assist employers with complex ACA requirements

The Taxpayer Advocate Service has announced that they have recently developed a tool to help employers understand how the provisions of the employer shared responsibility provision (ESRP) under Code Sec. 4980H apply to their organization. The ESRP applies to applicable large employers (ALEs) – generally, that means employers that had an average of at least […]

IRS seeks comments on Form 5308

The IRS is soliciting public comments on the proposed extension of a currently approved information collection concerning Form 5308 (Request for Change in Plan/Trust Year). The form is used to request permission to change the plan or trust year for a pension benefit plan. There are no changes being made to the form at this […]

Spencer’s Benefits NetNews – November 3, 2017

  About this Newsletter The Spencer’s Benefits Reports is a summary of the week’s news items posted in the WHAT’S NEW pages of Spencer’s Benefits Reports Online. For questions regarding this email service, contact Customer Service at (800)449-9525. NetNews Subscription Want to receive these Newsletters via E-mail? Sign Up / Unsubscribe hr.cch.com Resources Online Store […]

PBGC creates new pilot program for mediation of certain Termination Liability Collection and Early Warning Program cases

The Pension Benefit Guaranty Corporation (PBGC) has announced the creation of a new pilot program to offer mediation in certain Termination Liability Collection and Early Warning Program cases. PBGC’s Pilot Mediation Project will allow parties to resolve cases with the assistance of a skilled, neutral, and independent dispute resolution professional in a timely and cost-effective […]

Employer that failed to refute FMLA and overtime claims ordered to pay discharged worker over $70K

An employer failed to refute a dispatcher’s claims that she was denied overtime pay, discouraged from taking leave to undergo eye surgery, and fired in retaliation for asserting her FMLA rights. Granting the employer’s motion for summary judgment on her FLSA and FMLA claims, a federal court in Florida awarded her $70,222 in damages, broken […]

New rules for mandatory paid sick leave in Washington spell out requirements for employers in 2018

Mandatory paid sick leave in Washington starts in just over two months. Last week, the Department of Labor & Industries (L&I) released new state requirements on how the paid sick leave law will be implemented. As a result of voter-approved Initiative 1433, employers are required to provide paid sick leave starting January 1, 2018. “This […]

Over one-third of employers not interested in providing employees with HRAs to help buy individual coverage

On October 12, President Donald Trump signed an executive order which directs the Departments of the Treasury, Labor, and HHS to consider changes to the regulations on health reimbursement arrangements (HRAs) so that employers could fund HRAs with tax-free dollars for employees to buy coverage in the individual market. According to a recent survey from […]

A quarter of people with employer health insurance plans are underinsured, Commonwealth Fund report finds

Twenty-eight percent of working-age adults in the United States who had health insurance all year were underinsured in 2016, up from 23 percent in 2014, according to a new Commonwealth Fund report. More than half of the underinsured (52%) had medical bill problems and 45 percent went without needed health care because of cost. People […]

Three out of four Americans concerned about potential health care policy changes

Eighty-one percent of Americans are aware of the health care debates in Washington, D.C. and of those, 92 percent are concerned about those changes and 59 percent are very or extremely concerned, according to a recent survey from the Transamerica Center for Health Studies (TCHS). The study, Healthcare Consumers in a Time of Uncertainty, an […]

Spencer’s Benefits NetNews – October 27, 2017

  About this Newsletter The Spencer’s Benefits Reports is a summary of the week’s news items posted in the WHAT’S NEW pages of Spencer’s Benefits Reports Online. For questions regarding this email service, contact Customer Service at (800)449-9525. NetNews Subscription Want to receive these Newsletters via E-mail? Sign Up / Unsubscribe hr.cch.com Resources Online Store […]