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401 Matching News Items
1.
PBM Policy and Legislative Update, Winter 2024 (PDF)
Mintz
Apr. 10, 2024
Mintz
Apr. 10, 2024
20 pages. "The PBM regulatory landscape continues to evolve rapidly at both federal and state levels ... This Winter 2024 update builds on prior issues and highlights federal and state activity from October, November, and December 2023."
2.
CDC Issues New COVID-Related Guidance: What This Means for Employers
Mintz
Mar. 26, 2024
Mintz
Mar. 26, 2024
"While the new guidance provides some clarity on when employees with COVID and other respiratory viruses can return to work, employers will continue to grapple with ... COVID-related issues ... [such as] managing employees' requests for time off when experiencing active symptoms of a respiratory virus ... Employers must also be aware of other federal and state-specific guidance related to COVID-19.... In New York State, the COVID-19 Sick Leave Law that went into effect in 2020, [has yet] to be rolled back or modified."
3.
Key Considerations in Designing Severance Plans
Mintz
Mar. 20, 2024
Mintz
Mar. 20, 2024
"The recent Complaint filed for severance benefits against Elon Musk, X Corp., et.al., serves as a reminder that it is as important to clearly establish the fiduciary governance structure over severance plans subject to [ERISA], as it is for other ERISA-governed plans, and to administer such plans in compliance with ERISA, the plan processes and procedures. This case highlights some interesting considerations for plan sponsors and administrators of ERISA severance plans." [Agrawal v. Musk, No. 24-1304 (N.D. Calif. complaint filed Mar. 4, 2024)]
4.
Corporations with ISO or ESPP Reporting Obligations Should Take Notice of Revised Electronic Filing Requirements
Mintz
Jan. 25, 2024
Mintz
Jan. 25, 2024
"The change in electronic filing requirements may cause some corporations to scramble to comply. In addition to ensuring that the corporation has accurate listings of employees who completed the ISO and/or ESPP exercises in the prior calendar year as well as their tax ID numbers, full names and addresses, the corporation will need to ensure that it has a transmitter control code (TCC) and an account with the IRS to file online through the IRS’ Filing Information Returns Electronically (FIRE) system."
5.
Chicago Employers Must Provide Sick Leave and PTO to Employees
Mintz
Dec. 21, 2023
Mintz
Dec. 21, 2023
"The ordinance and subsequent amendment ... go well beyond the recently passed Illinois Paid Leave for All Workers Act, with Chicago now mandating that employers provide Chicago employees: [1] at least 5 days (40 hours) of paid sick/safe leave per year; and [2] at least 5 days (40 hours) of regular paid time off (PTO) per year. Unlike the rest of Illinois, which will be subject to the separate Illinois law, effective on January 1, 2024, Chicago's existing paid leave laws will remain in effect until July 2024."
6.
Show Me The Money! Trends in Executive Compensation
Mintz
Nov. 29, 2023
Mintz
Nov. 29, 2023
"[E]xecutives are focused on creative and tax-efficient ways to maximize compensation, both now and at other inflection points throughout the year.... [The authors] dissect the executive compensation trends [expected] to continue in 2024, including considerations such as rollovers, catch-up allocations, and the emergence of the 'extra thankful' shareholder."
7.
New York City Issues Amended Safe and Sick Time Regs
Mintz
Oct. 12, 2023
Mintz
Oct. 12, 2023
"The new rules ... are set to become effective on October 15, 2023. They provide clarity on various ESSTA topics such as calculating employer size, employee eligibility, documentation standards, notice requirements, and accrual methods."
8.
Biden Administration's DOL Rule Enabling Investment Advisors to Consider ESG Factors Survives Judicial Challenge
Mintz, via Lexology; free registration required
Sept. 28, 2023
Mintz, via Lexology; free registration required
Sept. 28, 2023
"[T]his decision--while upholding the Biden Administration's DOL rule against a serious legal challenge--did so by emphasizing two things: [1] the relative innocuousness of the rule ... and that [2] the Biden Administration abided by proper procedure when issuing the rule, and so was entitled to administrative deference.... [It] was a narrow decision on technical, legal grounds, which emphasized the limited nature of the DOL rule." [Utah v. Walsh, No. 23-0016 (N.D. Tex. Sep. 21, 2023)]
9.
Expanding Existing Bereavement Leave Policies to Account for Fertility Related Losses
Mintz
Sept. 11, 2023
Mintz
Sept. 11, 2023
"Some states and cities have already mandated bereavement leave recognizing fertility loss. Illinois law, for example, provides up to two [2] weeks of unpaid bereavement leave both in connection with the death of a family member and following losses associated with certain pregnancy, fertility, surrogacy and adoption-related events. But these laws are few and far between leaving private employers to decide whether, and how, to acknowledge fertility loss in their bereavement leave policies."
10.
New Guidance on the Massachusetts Parental Leave Act
Mintz
July 20, 2023
Mintz
July 20, 2023
"The [updated guidance] highlights the distinct benefits and protections offered under the [Massachusetts Parental Leave Act (MPLA)]. It is important that employers understand the obligations and limits of this law when offering parental leave to employees and in drafting their own parental leave policies."
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