Employers that sponsor an employee retirement plan in Puerto Rico must review plan amendments and/or restatements adopted during 2016 to determine whether they need to submit their plan documents to the Puerto Rico Treasury for qualification.
Last year, New York Governor Andrew Cuomo signed the New York Paid Family Leave Benefits Law (“PFLBL”). The State of New York recently filed its proposed regulations implementing the PFLBL.
On February 28, 2017, President Trump delivered his first address to a joint session of Congress, outlining a broad vision of his agenda. The Trump administration is widely expected to chart a dramatically different course on workplace policy.
In response to recent presidential directives, the U.S. Department of Labor is taking steps to delay the applicability and effective dates of two rules.
In proposed regulations, the HHS has suggested several adjustments designed to help stabilize the individual health insurance market – particularly for coverage offered through the health insurance exchanges, often referred to as “Marketplaces.”
President Donald J. Trump was sworn into office on January 20, 2017, ushering in a new balance of power in Washington and what is expected to be a dramatically different era of workplace policy.
A Minnesota court has issued a temporary injunction preventing Minneapolis from enforcing its Sick and Safe Time Ordinance against any employer “resident outside the geographic boundaries” of the city until after a hearing on the merits or court order.
On January 26, 2017, the Governor of Puerto Rico approved the Labor Transformation and Flexibility Act, which makes substantial changes to virtually all existing Puerto Rican employment laws.
The Puerto Rico Department of the Treasury issued Tax Policy Circular Letter No. 16-08 on December 23, 2016, establishing new rules regarding the validity of, and request for, retirement plan qualification letters.
