Articles by Editorial Staff

January 4, 2021
44 view(s)

Due Date for Economic Injury Disaster Loan Applications Extended

On December 31st, 2020, the Small Business Administration (SBA) made an announcement regarding their Economic Injury Disaster Loan (EIDL) program. According to the agency, they have extended the deadline to apply for the EIDL program to December 31st, 2021. The extension comes as a result of the enactment of the Consolidated Appropriations Act, 2021, (CAA) on December 27th, 2020. Previously, th...
December 22, 2020
41 view(s)

EEOC Updates COVID Guidance on Vaccination

On December 16th, 2020, the Equal Employment Opportunity Commission (EEOC) announced additions to their COVID-19 technical assistance guidance. In short, it provides employers with crucial information on how to avoid possible workplace discrimination claims during the coronavirus pandemic. As a result of COVID-19 vaccines now being available, the EEOC wanted to address any questions that emp...
December 21, 2020
46 view(s)

New York Sick Leave Requirements Are Fully Effective January 1st

In 2021, New York State and New York City employers need to prepare for new and amended sick leave requirements. The New York State Paid Sick Leave Law goes into effect on January 1st, 2021. In addition, amendments to the New York City Paid Safe and Sick Leave Law are effective the same day. As a result of those amendments, New York City employees’ paid sick leave entitlements will expand. Ove...
December 18, 2020
64 view(s)

Federal Agencies Release Joint Interim Final Rule on COVID Vaccines

In late October, the Trump Administration released an interim final rule (IFR) regarding employer health plan coverage of COVID-19 vaccines.  In summary, the IFR provides rules from multiple federal agencies, including  the Internal Revenue Service (IRS), Department of Labor (DOL), and Department of Health and Human Services (HHS). Certainly, with the recent release of COVID-19 vaccines from Pf...
December 15, 2020
60 view(s)

Final Rule for Faith-Based Organizations Issued

On December 14th, 2020, the Department of Labor (DOL) announced a joint final rule to implement an Executive Order (EO) affecting faith-based organizations. In conjunction with eight other agencies, the DOL implemented President Donald Trump’s EO 13831 from May 2018. Under EO 13831, religious and non-religious organizations need to experience equal treatment in DOL-supported programs. The origi...
December 14, 2020
60 view(s)

Final Rule Issued for Grandfathered Group Health Plan Flexibility

On December 11th, 2020, the U.S. Departments of Labor, Health and Human Services, and Treasury announced a joint final rule. The rule amends the requirements for grandfathered group health plans and grandfathered group health insurance coverage to preserve grandfather status. This final rule follows a long line of final rules that the Department of Labor has released in recent months. Overview...
December 11, 2020
70 view(s)

Labor Department Issues Employee Benefit Plan Rights Final Rule

On December 11th, 2020, the U.S. Department of Labor (DOL) released a final rule on employee benefit plan shareholder rights. This regulatory framework, created for private employee benefit plan fiduciaries, includes information on proxy voting. It also discusses rules for when fiduciaries select and monitor proxy advisory firms. This announcement comes a month after the DOL released a final ru...
December 8, 2020
53 view(s)

EEOC Launches Resource to Track Employment Trends

On December 2nd, 2020, the U.S. Equal Employment Opportunity Commission (EEOC) launched a new interactive tool called “EEOC Explore.” EEOC Explore is a data query and mapping tool that gives users the most current aggregate EEO-1 data publicly available. Users can analyze aggregate data associated with more than 56 million emplo...

December 7, 2020
55 view(s)

Department of Labor Releases 2020 Form 5500 Series Annual Report

The Department of Labor’s (DOL’s) Employee Benefits Security Administration (EBSA) has announced the release of the Form 5500 Annual Return/Report. The 2020 form, released December 2nd, 2020, was in conjunction with the IRS and the Pension Benefit Guaranty Corporation (PBGC). The release includes the Form 5500-SF and the IRS released Form 5500-EZ, which now also appears on the EBSA website. It ...
December 3, 2020
50 view(s)

Centers for Disease Control Issues Guidance on Shorter Quarantines

On December 2nd, 2020, the Centers for Disease Control and Prevention (CDC) issued new quarantine guidance. This revision allows people possibly exposed to COVID-19 to shorten their own quarantine period. The CDC currently recommends a quarantine period of 14 days. However, based on local circumstances and resources, the agency has announced acceptable alternative options that could shorten qua...