Recent Updates

DOL Releases Updated FLSA and FMLA Posters

Sunday, July 2, 2023
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Federal Compliance Update

The United States Department of Labor (DOL) has released updated posters regarding the Fair Labor Standards Act (FLSA) and the Family Medical Leave Act (FMLA), which must be posted in a conspicuous location in the workplace where employees can read them. 

The Secure Act of 2022 – Impact to Long-Term Part-Time Employees

Sunday, July 2, 2023
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Federal Compliance Update
When the Consolidated Appropriations Act of 2023 was signed into law late last year, it included a number of provisions affecting retirement savings plans. These provisions, collectively referred to as SECURE 2.0, offer many new benefits to employers and employees that are designed to make it more attractive for employers to offer retirement plans and to improve retirement outcomes for employees.  The focus of this update is on provisions affecting long-term part-time employees’ eligibility to participate in 401(k) and 403(b) plans.   Under SECURE 1.0, long-term part-time employees could participate in 401(k) retirement plans if they completed 1,000 hours of service within one year or 500 hours in each of three consecutive years for the 2024 plan year.   SECURE 2.0 changes the eligibility requirements to be considered a long-term, part-time employee from three consecutive years to two consecutive years for employees hired in 2023 or later.  SECURE 2.0 applies to 401(k) and 403(b) plans.

Washington Updates Cares Act

Tuesday, May 30, 2023
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Washington

The State of Washington has released information to assist employers in meeting their requirements under the Washington Cares Act.

Washington Enacts Lump Sum Reporting for Child Support

Tuesday, May 30, 2023
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Washington
Washington Governor Jay Inslee has signed into law House Bill 1262 establishing a requirement for employers to report lump sum payments , such as a bonus, to the Division of Child Support (DCS) where the employer has received.

Virginia Requires Organ Donation Leave

Tuesday, May 30, 2023
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Virginia
Virginia has enacted legislation (Senate Bill 1086), which requires certain employers to provide unpaid leave to organ or bone marrow donors. Senate Bill 1086 takes effect on July 1, 2023.

New York to Raise Minimum Wage

Tuesday, May 30, 2023
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New York
The Governor of New York has signed into law S4006 which is the Budget Bill implementing the state’s fiscal plan. Included in the bill is an increase to the state’s minimum wage. 
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