Employee Benefits

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Employment/Labor (U.S.) group

Welcome to the U.S. Employment & Labor community group.  This group addresses all GRC issues that arise for companies that must address employment and labor requirements and risks in the United States. In addition, there are several community groups that address specific aspects of employment as they arise both in the U.S. and globally.

This group addresses compliance and risk issues related to all aspects of U. S. employment and labor law.
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Employee Compensation and Benefits group

Welcome to the Employee Compensation and Benefits community group. There is also a separate group which addresses Executive Compensation. We welcome active participation in this group by any premium or enterprise OCEG member. Group members may add resources to share, download resources provided by other members, access the related resource collections, and comment on group blogs.

This group addresses issues and requirements in establishing employee compensation and benefits
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Office of Consumer Information and Insurance Oversight, The (OCIIO) resource Agency Web Sites

The OCIIO is responsible for ensuring compliance with the new insurance market rules, such as the prohibitions on rescissions and on pre-existing condition exclusions for children that take effect this year. It will oversee the new medical loss ratio rules and will assist states in reviewing insurance rates. It will provide guidance and oversight for the state-based insurance exchanges.

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DOL/EBSA - Technical Release No. 92-01, DOL Enforcement Policy for Welfare Plans with Participant Contributions resource Agency Guidances Member contributionOCEG Reviewed
The purpose of this Release is to announce the Pension and Welfare Benefits Administration's revised enforcement policy with respect to cafeteria and certain other contributory welfare plans and to provide general guidance on the application of the trust and reporting and disclosure rules under Title I of the Employee Retirement Income Security Act of 1974 (ERISA) to such plans.
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IRS, DOL, HHS: Patient Protection and Affordable Care Act: Preexisting Condition Exclusions, Lifetime and Annual Limits, Rescissions, and Patient Protections (Interim Final Rule, June 2010) resource National Regulations

75 Federal Register 37188 (June 28, 2010); 26 CFR Parts and 602, 29 CFR Part 2590, 45 CFR Parts 144, 146, and 147; Effective Date: August 27, 2010

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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.

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DOL/EBSA, Final Rule - Default Investment Alternatives Under Participant Directed Individual Account Plans (2007) resource National Regulations OCEG Reviewed
This document contains a final regulation that implements recent amendments to title I of the Employee Retirement Income Security Act of 1974 (ERISA) enacted as part of the Pension Protection Act of 2006, Public Law 109– 280, under which a participant in a participant directed individual account pension plan will be deemed to have exercised control over assets in his or her account if, in the absence of investment directions from the participant, the plan invests in a qualified default investment alternative.
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CRS, Regulations Pursuant to the Patient Protection and Affordable Care Act (P.L. 111-148) (April 2010) resource Research / Studies

Summary: The Patient Protection and Affordable Care Act (PPACA, P.L. 111-148, March 23, 2010) is a recent and particularly noteworthy example of congressional delegation of rulemaking authority to federal agencies. This report identifies more than 40 provisions in PPACA (as amended by the Health Care and Education Reconciliation Act of 2010, P.L.

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CRS, Public Health, Workforce, Quality, and Related Provisions in the Patient Protection and Affordable Care Act (PPACA) (June 2010) resource Research / Studies

Summary: The Patient Protection and Affordable Care Act (PPACA) includes numerous provisions intended to increase the primary care and public health workforce, promote preventive services, and strengthen quality measurement.

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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).

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