The State of Connecticut has announced that in January 2019 it will begin requiring private-sector employers without their own workplace-based retirement plans to enroll employees in IRAs sponsored by the state.
The U.S. Court of Appeals for the Seventh Circuit recently addressed whether a company’s liquidation plan violated the Age Discrimination in Employment Act (ADEA) because it caused a disparate impact on older workers.
On September 24, 2018, the IRS issued updated guidance in Notice 2018-71 on Internal Revenue Code section 45S, the business tax credit for employers that provide paid family and medical leave.
Almost two years into the new presidential administration, and with highly consequential and hotly debated mid-term elections around the corner, Littler’s Workforce Policy Institute’s Labor Day Report examines the state of the American workforce.
On August 16, 2018, the San Antonio City Council adopted a paid sick and safe leave ordinance which, aside from minor linguistic differences, is identical to the ordinance passed earlier this year in Austin.
The PR Treasury has extended the period allowing Puerto Rico residents impacted by Hurricane Maria to make distributions from qualified retirement plans and IRAs at a preferential tax rate.
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 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.
