DOL, Breaks & Meal Periods resource Agency Guidances OCEG Reviewed
Federal law does not require lunch or coffee breaks. However, when employers do offer short breaks (usually lasting about 5 to 20 minutes), federal law considers the breaks as compensable work hours that would be included in the sum of hours worked during the work week and considered in determining if overtime was worked.
DOL - Health Plans & Benefits, Continuation of Health Coverage (COBRA) resource Agency Web Sites Member contributionOCEG Reviewed
The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances such as voluntary or involuntary job loss, reduction in the hours worked, transition between jobs, death, divorce, and other life e
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Government Issues Health Care Reform Regulations on ‘Grandfathered’ Plans (June 16, 2010) resource Articles
Published by Human Resources News.
Introduction: On June 14, the U.S. Departments of Health and Human Services (HHS), Labor, and Treasury issued new regulations addressing grandfathered plans under health care reform and how such plans can keep their grandfathered status.
FASB, Proposed Accounting Standards Update: Compensation—Retirement Benefits—Multiemployer Plans (Subtopic 715-80): Disclosure about an Employer’s Participation in a Multiemployer Plan (September 1, 2010) resource Standards and Guidelines OCEG Reviewed
Purpose: The FASB is issuing this proposed Update to obtain feedback from stakeholders on its proposed amendments for disclosing additional information about an employer’s participation in a multiemployer plan (for example, for pension or retiree healthcare).
DOL, Questions regarding Affordable Care Act Implementation resource Agency Web Sites OCEG Reviewed
Department of Labor's web page for frequently asked questions regarding the Affordable Care Act.
Canada: Do You Have a Records Management and Retention Policy For Your Pension Plan? (2010) resource Articles OCEG Reviewed
Introduction: The Financial Services Commission of Ontario (FSCO) issued a policy on the management and retention of pension plan records on July 9, 2010. The FSCO policy strongly recommends that all administrators make it a priority to establish a formal and comprehensive written pension plan records management and retention policy.
General Statement as to the Effect of the Portal-to-Portal Act of 1947 on the Fair Labor Standards Act of 1938 (29 C.F.R. Part 790) resource National Regulations OCEG Reviewed
Implementing regulations for the Portal to Portal Act. This federal act establishes a uniform interpretation as to what constitutes compensable working time where travel time to and from work is involved or where certain preliminary or postliminary activity can be construed as work. In general, work starts at the work site unless otherwise provided by contract, custom, or practice.
Is that Time Compensable? (2007) resource Articles OCEG Reviewed
Wage-and-hour law is making more and more headlines. Some of America's biggest corporations, including Wal-Mart, IBM, and top supermarket and brokerage fines have been hit with huge lawsuits, ending in equally large settlements.
The charge: Not properly paying workers for the hours they put in, according to rules set by the nation's Fair Labor Standards Act (FLSA).
IRS Releases Draft W-2 Form for 2011, Relief for Employers (October 2010) resource Articles OCEG Reviewed
October 13, 2010: The IRS issued a draft Form W-2 for 2011. The IRS also announced that it will defer the new requirement for organizations to report the cost of coverage under an employer-sponsored group health plan. It is optional for employers to report this information in 2011.
National Compensation Survey: Employee Benefits in the United States, BLS, March 2010 resource Research / Studies OCEG Reviewed
These data are from the National Compensation Survey (NCS), which provides comprehensive measures of occupation earnings, compensation cost trends, and incidence and provisions of employee benefit plans.
DOL, Compliance Assistance - Minimum Wage and Overtime Pay resource Agency Guidances Member contributionOCEG Reviewed
Fair Labor Standards Act of 1938 (FLSA), as amended (29 USC §201 et seq.; 29 CFR Parts 510 to 794.) The Fair Labor Standards Act (FLSA) establishes standards for minimum wages, overtime pay, record keeping and child labor.
FLSA, Fact Sheet #17H: Highly-Compensated Workers and the Part 541-Exemptions Under the Fair Labor Standards Act (Rev. 2008) resource Agency Guidances Member contributionOCEG Reviewed
The FLSA requires that most employees in the United States be paid at least the federal minimum wage for all hour worked and overtime pay at time and one-half the regular rate of pay for all hours worked over 40 in a workweek.
DOL - Health Plans & Benefits, Plan Information resource Agency Guidances Member contributionOCEG Reviewed
The Employee Retirement Income Security Act (ERISA) requires plan to give plan participants in writing the most important facts they need to know about their retirement and health benefit plans including plan rules, financial information, and documents on the operation and management of the plan.
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DOL, COBRA Continuation Coverage Assistance Under ARRA resource Agency Guidances OCEG Reviewed
The American Recovery and Reinvestment Act (ARRA) provides a COBRA premium reduction for eligible individuals who are involuntarily terminated from employment through the end of May 2010. Due to the statutory sunset, the COBRA premium reduction under ARRA is not available for individuals who experience involuntary terminations after May 31, 2010.
FLSA Overtime Security Advisor - Occupational Index resource Agency Guidances Member contributionOCEG Reviewed
An index of job titles and duties provided as a guide to help users of the FLSA Overtime Security Advisor determine where to begin their analysis of exempt versus nonexempt status of a particular employee.
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DOL / EBSA - Affordable Care Act Web Site resource Agency Web Sites OCEG Reviewed
The Department of Labor's web site on the Affordable Care Act includes compliance assistance, final and proposed rules, and guidance documents.
