DOL Archives - Page 2 of 3 - Fairmount Benefits

DOL Issues Compliance Guidance for Employee Benefit Plans Impacted by Hurricane Harvey | PA Benefit Advisors

September 14, 2017

The DOL issued guidance for employee benefit plans, plan sponsors, and employers located in a county identified for individual assistance by the Federal Emergency Management Agency (FEMA) due to Hurricane Harvey. Because plan participants and beneficiaries may have difficulty meeting deadlines for filing ERISA benefit claims and making COBRA elections, the DOL advised plan sponsors … Continued

DOL Guidance for Benefit Plans Impacted by Hurricane Harvey | PA Benefit Advisors

September 12, 2017

The U.S. Department of Labor has issued compliance guidance for benefit plans, employers and employees, and service providers who are impacted by Hurricane Harvey. The guidance generally provides relief from various ERISA requirements and time limits for entities in the disaster area. This follows the Internal Revenue Service (IRS) announcement extending certain filing dates, including … Continued

What is Essential? The Madness of Maintaining Job Descriptions Under the DOL | PA Employee Benefits

August 16, 2016

Your new position just got approved and, finally, that mission-critical headcount addition is green-lighted. Celebration ensues until the actual work of finding the ideal candidate begins. The first step is to get a job description. In some cases, a perfectly vetted position analysis and description may exist, one that captures the particulars and purpose of … Continued

Affordability Safe Harbors May Not Be As Safe with New Overtime Exemption Rules | PA Employee Benefits

July 6, 2016

The new Department of Labor (DOL) overtime exemption rules increase the salary threshold from $23,660 a year to $47,476 annually, beginning December 1, 2016. This means that employees earning less than the threshold can no longer be considered salaried and exempt from overtime pay. While the DOL has indicated that the regulations will have a … Continued

Same-Sex Marriages and Group Health Benefits | PA Employee Benefits

May 31, 2016

From 2013 to 2015, a series of Supreme Court cases and government updates have changed the landscape of the way employers must consider same-sex spouses in relation to employee benefits. Most recently, in June 2015, the Supreme Court ruled in Obergefell v. Hodges, that the 14th Amendment requires a state to license a marriage between … Continued

DOL Releases the New FLSA White Collar Overtime Exemption Rules | PA Employee Benefits

May 19, 2016

On May 18, 2016, the U.S. Department of Labor (DOL) announced the publication of a final rule amending the white collar overtime exemptions to the Fair Labor Standards Act (FLSA). The final rule, which will be published in the Federal Register on May 23, 2016, increases the threshold salary for the exemption to $913 per … Continued

DOL Issues 31st FAQ on ACA Implementation | PA Employee Benefits

May 17, 2016

The U.S. Department of Labor (DOL) has issued its 31st FAQ on the implementation of the Patient Protection and Affordable Care Act (ACA), dedicated to coverage of preventive services, rescissions of coverage, out-of-network emergency services, clinical trial coverage, cost-sharing limitations, the Mental Health Parity Act, and the Women’s Health and Cancer Rights Act. Some highlights … Continued

What the DOL Wants During an Audit | Pennsylvania Employee Benefits

April 21, 2016

No two Department of Labor (DOL) audits are the same, yet there are typical questions asked and documents requested. See our recent blog on the Seven Common Mistakes That Could Trigger a DOL Audit. If you are audited, it’s recommended that questions received be sorted and color-coded based on what the question references (for example, … Continued

Can Employers Assist Employees with Premiums for Individual Plans? | PA Employee Benefits

November 19, 2014

Posted by Carol Taylor On November 6, 2014, the collective Departments of Health and Human Services (HHS), Labor (DOL) and the Treasury released three Frequently Asked Questions (FAQs) directed at employer payment plans for the purchase of individual insurance. While the departments had previously released several other pieces of guidance about these arrangements, this latest … Continued

Compliance Alert – Exchange Notice

May 9, 2013

Get the latest model exchange notice issued by the Department of Labor.

Tag: DOL