After years of debate and waiting, the USDOL has issued its newly-proposed overtime rules. The USDOL has released a rule that, if adopted, will set a minimum salary for the OT exemption at $679 per week or annually at $35,308 per year. The increase to these levels represents a substantial increase from current law but also a marked departure from the previous proposals made by the Obama administration. What’s also significant is what the proposal does not include: 1) automatic update/increase provision; and 2) revised duties test for the raised threshold. Many were concerned that ...

Federal Agencies Want to Hear From You

In an effort to minimize the economic burden of the Patient Protection and Affordable Care Act (PPACA), various federal agencies are soliciting input from the public on the challenges that employers with PPACA “grandfathered” group health plans (or coverages provided by health insurance issuers) face in avoiding a loss of the “grandfathered” status (of these group health plans). Many employers desire to maintain the “grandfathered” status of their group health plans because these plans are subject to only certain provisions of ...