As we enter Q4, we present our annual end-of-the-year “to do list” for plan sponsors to consider as they reflect on the various laws and legal updates enacted over (or effective beginning) the past year. Consider SECURE 2.0 Amendments. On December 29, 2022, President Biden signed into law the “SECURE […]
Labor & Employment Law Update
EEO-1 Update
on Tuesday, 12 September 2023 in
Labor & Employment Law Update: Sarah M. Huyck, Editor
After several delays, the Equal Employment Opportunity Commission (“EEOC”) recently announced that the 2022 EEO-1 Component 1 Data Collection will open on October 31, 2023. The deadline for submitting the EEO-1 is December 5, 2023. As a quick refresher, the EEO-1 survey must be filed annually by private employers with […]
DOL Proposes (Again) to Significantly Raise the Salary Threshold for Exempt Employees—But Don’t Panic Yet, Employers
on Thursday, 31 August 2023 in
Labor & Employment Law Update: Sarah M. Huyck, Editor
On August 30, 2023, the Department of Labor (“DOL) issued a proposed rule that would increase the salary threshold for employees to qualify for one of the “white collar” exemptions from the overtime requirements of the Fair Labor Standards Act (“FLSA”). Under the proposed rule, employees would not be eligible […]
Remotely Completed COVID-19 Form I-9s Must be Re-Verified by Tomorrow!
on Tuesday, 29 August 2023 in
Labor & Employment Law Update: Sarah M. Huyck, Editor
As a quick reminder for employers, earlier this year, U.S. Immigration and Customs Enforcement (“ICE”) declined to further extend COVID Form I-9 flexibilities and gave employers until August 30, 2023 to complete a physical examination of identity and employment eligibility documents for those hired on or after March 20, 2020 […]
Amid Uncertainty, IRS Delays Roth Catch-Up Contribution Requirements
on Tuesday, 29 August 2023 in
Labor & Employment Law Update: Sarah M. Huyck, Editor
On August 25, 2023, the IRS issued Notice 2023-62, announcing a two-year “administrative transition period” that effectively delays until at least 2026 the implementation deadline of the Roth catch-up contribution provisions under SECURE Act 2.0. Under SECURE Act 2.0, and beginning January 1, 2024, catch-up contributions made to a qualified […]
