News & Analysis

On July 31, 2018, a New York federal court issued an opinion in favor of NYU, in the first case to reach trial concerning ERISA challenges to fees and investment lineups in school retirement plans.

The Governor of Puerto Rico recently signed into law Act No. 115, extending the list of authorized payroll deductions under Act 17-1931.

The Supreme Court recently held that railroad stock options are not taxable compensation under the Railroad Retirement Tax Act. This ruling represents a significant win for railroad companies.

On June 19, 2018, the Department of Labor issued its highly anticipated final rule expanding the availability of association health plans (“AHPs”).

The Puerto Rico Treasury has issued guidance on a new employee retention benefit available to employers affected by Hurricanes Irma and Maria.

The Nevada Supreme Court recently clarified what constitutes “health benefits” for purposes of paying Nevada’s lower-tier minimum wage.

On the heels of signing equal pay legislation which will substantially expand pay equity protections for New Jersey employees, Governor Phil Murphy tweeted that he will sign a statewide paid sick leave bill on Wednesday, May 2, 2018.

Acknowledging “numerous unanticipated administrative and financial burdens,” the IRS officially revoked its earlier attempt to lower the 2018 health savings account (HSA) contribution limits.

On March 21, 2018, the Governor of Puerto Rico announced his “Initiative to Reform the Labor Force,” with the express goal of increasing the employment rate.

On March 5, 2018, the IRS reduced from $6,900 to $6,850 the maximum amount an individual with family coverage may contribute to a Health Savings Account (HSA) for the 2018 calendar year.