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What's New on Compensation.BLR.com
Compensation.BLR.com's What's New page is where you will find all of the most recent content added and updated to the site in the last 14 days. See updated regulatory analysis, training materials, white papers, and more.
Regulatory Analysis
We are continually updating our state and national regulatory analysis to help you keep up with the changing regs. See the updated section below to find all of the topics.
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New Documents
White Papers:
How to Avoid Freezing Your Defined Benefit Pension Plan
It seems as if everybody is freezing their pension plans. Suppose you take a contrarian view. Does it make sense for you to continue your pension plan? If your defined benefit (DB) plan is desirable, how should you make it manageable for the long haul, and avoid a freeze?
Pay Attention to GINA: She’s Officially Here
GINA, as HR pros probably know, is the Genetic Information Nondiscrimination Act enacted in 2008. Final regulations interpreting the law have been long in the making and are still technically only interim regs. But the employment title of GINA, which incorporates procedures and remedies found in federal civil rights law, is effective November 21, 2009.
Updated Documents
Analysis:
National Retirement Savings/401(k) Analysis
IRS acts to encourage retirement saving. Note: IRS OKs contribution of unused paid time off to 401(k) plans and suspending nonelective contributions to safe-harbor plans due to business hardship; there's no increase in contribution limits for 2010.
National Healthcare Benefits Analysis
Comparable contribution requirement.
National Health Information Privacy (HIPAA) Analysis
Breach disclosures. Note: HHS has issued security breach notice regulations.
National Compensation Administration Analysis
Executive compensation. Note: Conference Board issues guidelines for executive compensation.
National ERISA Analysis
2010 benefit and contribution limits.
National Exempt Personnel Analysis
Deductions from pay. Note: Employers cannot impose fines on exempt employees for lost or damaged equipment.
National Garnishment Analysis
Discrimination. Note: Under federal law, an employer may not discharge an employee because of wage garnishment "for any one indebtedness."
National Government Contractors Analysis
Internal control mechanisms, E-Verify requirements, contracting under ARRA, Lilly Ledbetter Fair Pay Act, Beck notice repealed. Note: New requirements for federal contractors are explained.
National Leave of Absence (FMLA) Analysis
Family military leave. Note: October 2009 changes to FMLA's family military leave provisions are explained.
National Notices (Posting) Analysis
Posters required for federal contractors. Note: Federal contractors covered by E-Verify rules are subject to new posting requirements.
National Social Security/Medicare Analysis
No 2010 cost-of-living adjustments). Note: SSA will not make cost-of-living adjustments for 2010.
National Termination (with Discharge) Analysis
Whistleblowers. Note: Recent cases interpret the Sarbanes-Oxley Act whistleblower provisions.
State:
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On October 28, 2009, President Obama signed legislation (HR 2647) that made changes to the Family and Medical Leave Act. What changes does the law make?
• The new law expands the coverage of FMLA to employers with 25 or more employees.
• The new law expands the definition of “serious health condition” to include H1N1 flu.
• The new law requires employers to offer intermittent FMLA leave to employees to bond with a healthy newborn.
• The new law makes several changes to the family military leave provisions of the FMLA.
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