On Tuesday, the Administration announced that the Affordable Care Act’s employer shared responsibility payments, better known as the Play or Pay rules, will not go into effect until 2015. All public and private employers subject to the rules that do not offer affordable coverage providing minimum value to full-time employees in 2014 will not be subject to penalties. The Department of Treasury will publish formal guidance shortly. Proposed rules related to the informational reporting requirements are expected sometime this summer. The Employee Benefits group of Best Best & Krieger will issue additional Legal Alerts when the guidance and proposed rules are released.