Families First Coronavirus Response Act (FFCRA) Changes You Should Know

By: Elizabeth Coonan | 09.14.2020

  A decision out of New York prompted the Department of Labor (DOL) to issue a revised rule on the FFCRA which is scheduled to take effect 9/16/2020. The revisions cover five main areas: The Department reaffirms that paid sick leave and expanded family and medical leave may be taken only if the employee has Read…

The DOL Fiduciary Rule and NAIC Showdown:  Fiduciary or Not? 

By: Maureen Henderson | 08.11.2020

  Despite the apparent harmonization between the SEC Regulation BI (Section 240.151-1, eff. 6/5/19) https://www.sec.gov/rules/final/2019 and the NAIC’s Revised Model on Suitability https://www.naic.org/store/free/MDL-275., the Department of Labor proposed a new fiduciary rule which contradicts the Model’s explicit language…the Care Obligation DOES NOT create a fiduciary obligation or relationship.  The DOL’s new fiduciary rule issued on Read…

U.S. Department of Labor Announced New Payroll Audit Independent Investigation (PAID) Program

By: Megan Erickson Moritz | 03.16.2018

The Wage and Hour Division (WHD) of the federal Department of Labor (DOL) announced a new pilot program aimed to help resolve potential overtime and minimum wage violations under the Fair Labor Standards Act (FLSA).  More information about the Payroll Audit Independent Determination (PAID) program will be available in the coming weeks, but the DOL has given Read…