In 2014, the U.S. Supreme Court ruled that closely held private companies with religious objections to the Affordable Care Act’s birth-control mandate cannot be forced to pay for employees’ contraceptives. But some groups want a full exemption.
For the most part, the annual caps on 401(k) and other defined contribution retirement plans for defined benefit pension plans will stay the same from 2015 to 2016.
As part of the congressional budget deal signed by President Obama on Nov. 2, lawmakers agreed to repeal the automatic enrollment provision of the Affordable Care Act.
New York Labor Law requires employers to notify employees “in writing or by publicly posting the employer’s policy on sick leave, vacation, personal leave, holidays and hours.” If employers do so, then the written policy governs whether the employee is entitled to payment of unused leave on termination.
Pittsburgh has passed a sweeping ordinance granting paid sick leave to employees of almost every private employer based in the city. The ordinance covers both full- and part-time workers.
Ordinarily, owners of a business aren’t required to participate in the unemployment compensation system and don’t need to pay unemployment tax. Neither are they eligible for unemployment benefits if they lose their jobs. But that doesn’t mean it’s OK to simply create a partnership, have each “partner” contribute a token amount, and then treat them as employees.
The typical working household has virtually no retirement savings, according to a study by the nonprofit National Institute on Retirement Security. When all households are included—not just those with retirement accounts—median retirement savings added up to just $2,500.
More working-age Americans had health insurance in last year, even though the rate of coverage through employment-based health plans remained essentially flat. That’s according to a new report by the nonpartisan Employee Benefit Research Institute.