Hewitt's monthly updates summarize technical and legislative developments related to employment around the world.
Hewitt's monthly updates summarize technical and legislative developments related to employment around the world.
Hewitt's monthly reports summarize retirement and financial management legislative developments and trends from around the world.
Hewitt's monthly updates summarize technical and legislative developments related to employment around the world.
Hewitt's monthly updates summarize technical and legislative developments related to employment around the world.
During third quarter 2009, governments have been striving to rebalance the responsibilities of employers, employees, and the state in the wake of the global economic crisis.
United States of America
The DOL has issued revised regulations for the Family and Medical Leave Act (FMLA). Several FMLA Hewitt resources are available for employer reference.
While the Medicare Part D retiree drug subsidy (RDS) Web site alerts employers to key deadlines regarding the application, RDS continues to be a complicated administrative process.
On October 28, 2009, President Obama signed into law the National Defense Authorization Act for Fiscal Year 2010 (P.L. 111-84), which among other things amends the Family and Medical Leave Act (FMLA).
On October 29, Hewitt's Rick Jones testified before the Senate Health, Education, Labor, and Pensions (H.E.L.P.) Committee in a hearing entitled "Pensions in Peril: Helping Workers Preserve Retirement Security Through a Recession."
Cash balance plan sponsors should consider whether they need to adopt plan amendments by the end of the 2009 plan year to reflect two provisions of the Pension Protection Act of 2006 (PPA).
Interim final rules were issued under the Genetic Information Nondiscrimination Act (GINA) on October 7, 2009.
UPDATE: By a vote of 14 to 9, the Senate Finance Committee (SFC) on October 13, 2009 adopted the "America's Healthy Future Act of 2009" sponsored by Senate Finance Chairman Max Baucus (D-MT).
On October 7, 2009, the IRS issued much-anticipated final regulations on valuing assets and liabilities for the funding of single employer defined benefit pension plans and benefit restrictions for underfunded defined benefit plans. The final rules apply to plan years beginning on or after January 1, 2010.
On October 7, 2009, the Department of Homeland Security (DHS) issued a final rule rescinding its "no-match" rule.
