DOL Archives - Page 2 of 5 - Word on Benefits

What to Know Before the Overtime Final Rule Takes Effect July 1

Amanda Wilke, CEBS

11 Jun 202411 Jun 2024

After much anticipation, on April 23, 2024, the U.S. Department of Labor (DOL) released its overtime final rule, updating the salary threshold for overtime exemptions for executive, administrative and professional (EAP) employees and highly compensated employees (HCEs). The rule is slated to […]

DOL Employee Benefits FMLA Legislative Paid Leave Parental Leave Regulatory U.S.

Pregnant Workers Fairness Act: An Update

Anne Patterson

08 May 202408 May 2024

Back in July of 2023, I wrote a blog on the Pregnant Workers Fairness Act and what plan sponsors needed to know at that time. I was pregnant while writing that first blog and curious not only how the law would impact […]

Compliance DOL Employee Assistance Program (EAP) Employee Benefits Health Care Mental Health Opioid Abuse U.S.

Mental Health Parity—Pitfalls to Avoid

Jenny Gartman, CEBS

04 Apr 202408 May 2024

Recent DOL reports on Mental Health Parity and Addiction Equity Act enforcement indicate pitfalls that plan sponsors should avoid in order to be compliant with parity rules. Learn more about impermissible exclusions of key treatments for MH/SUD and parity enforcement.

Communication DOL Employee Benefits ERISA Legislative Multiemployer U.S.

FAQs on Workplace Emergency Savings Accounts Under SECURE 2.0

Jenny Gartman, CEBS

22 Feb 202422 Feb 2024

The U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) has issued FAQs on optional pension-linked emergency savings accounts (PLESAs) as part of the implementation of the SECURE 2.0 Act of 2022 (ERISA section 801). SECURE 2.0 authorized 401(k), 403(b) and governmental […]

DOL Employee Benefits ERISA50 Retirement

How the DOL’s Proposed Fiduciary Rule Would Affect Retirement Plans

Jenny Gartman, CEBS

17 Jan 202418 Apr 2024

The definition of a fiduciary under ERISA, a rule originally written in 1975, has fluctuated in the past decade. Fiduciary investment advice rules have had a long history filled with ups, downs and mixed support. On October 31, 2023, the U.S. Department of […]

Benefits Magazine Compliance Cybersecurity DOL Employee Benefits Fraud Human Resources (HR) Multiemployer

Dispelling Cybersecurity Myths for Benefit Plans

Guest Contributor

11 Jan 202413 Feb 2024

As the rate of digital transformation continues to accelerate across all industries, poor cybersecurity remains a pressing threat to employers and benefit plan sponsors. Awareness of nine common cybersecurity myths can help employee benefit plan stakeholders better understand their plan’s risk posture […]

Compliance DOL Employee Benefits Legislative Mental Health Regulatory U.S. Wellness

DOL Guidance on Mental Health Parity: Proposed Rules for NQTL Comparative Analyses

Jenny Gartman, CEBS

13 Sep 202313 Sep 2023

Many health plan sponsors continue to struggle to comply with the Mental Health Parity and Addiction Equity Act (MHPAEA), particularly the requirement to conduct a comparative analysis of nonquantitative treatment limitations (NQTLs) that has been effective under the 2021 Consolidated Appropriations Act […]

American Rescue Plan Act (ARPA) Defined Benefit (DB) Plans DOL Employee Benefits ERISA MPRA Retirement

How SFA Rules Impact Annual Funding Notice Requirements

Jenny Gartman, CEBS

09 May 202309 May 2023

The American Rescue Plan Act (ARPA) of 2021 authorized special financial assistance (SFA) through the Pension Benefit Guaranty Corporation (PBGC) to eligible severely underfunded multiemployer plans. ARPA added section 4262 to Title IV of the Employee Retirement Income Security Act (ERISA). The multiemployer plans […]

Affordable Care Act (ACA) Compliance DOL Employee Benefits Health Care Human Resources (HR) Insurance Prescription Drugs

**ACA Preventive Services Requirements Struck Down: Braidwood Management v. Becerra Explainer**

Jenny Gartman, CEBS

26 Apr 202326 Apr 2023

As a result of ongoing litigation, the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (the departments) cannot enforce some Affordable Care Act (ACA) preventive care requirements, but the departments strongly encourage plan sponsors to keep coverage without […]

American Rescue Plan Act (ARPA) Compliance DOL Employee Benefits ERISA PBGC Pensions U.S.

Where We Are Now: Special Financial Assistance Under the American Rescue Plan Act

Kathy Bergstrom, CEBS

28 Mar 202328 Mar 2023

From capital market return expectations to the rules that cover the program, a lot has changed in the two years since the American Rescue Plan Act was signed into law and created the Special Financial Assistance (SFA) program for struggling multiemployer pension […]