News & Analysis as of

Regulatory Requirements Compensation & Benefits

Pullman & Comley - Labor, Employment and...

Federal Court Decision Reshapes ACA Enforcement by HHS and IRS

The recent federal district court decision in Faulk Company, Inc. v. Xavier Becerra, et al., No. 24-cv-00609-P (N.D. Tex. 2025) significantly alters the primary mechanism used by the U.S. Department of Health and Human...more

Miller Nash LLP

Oregon Minimum Wage Changes: What Employers Need to Know

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Oregon’s automatic minimum wage for non-exempt employees is set to increase on July 1, 2025. This minimum wage increase is calculated by the Oregon Bureau of Labor and Industries’ (BOLI) Labor Commissioner. In April, the...more

Littler

Pittsburgh, Pennsylvania Joins the Over-40 Club for Paid Sick Leave

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On June 12, 2025, Mayor Ed Gainey signed into law an amendment to the Pittsburgh, Pennsylvania’s Paid Sick Days Act (PSDA) that changes the accrual requirements and amount of paid sick leave that must be provided under the...more

Ius Laboris

An Employer’s Guide to Pay and Perks in Japan

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From minimum wage compliance to social insurance obligations, employers must navigate a complex legal framework in Japan when it comes to pay and benefits. This short guide sets out the essentials to help businesses stay...more

Jones Day

Could the SEC's Enforcement Spotlight Return to Executive Perks?

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The Securities and Exchange Commission ("SEC") is hosting a roundtable discussion on disclosures just weeks after reports of significant increases in executive perks....more

Littler

Amended Colorado Paid Family and Medical Leave Insurance (FAMLI) Law Addresses Neonatal Intensive Care, Slightly Lowers Employee...

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This legislative session, Colorado amended the state’s Family and Medical Leave Insurance (FAMLI) law via SB 25-144 in two material ways affecting lengths of leave and FAMLI premiums (i.e., taxes)....more

Seyfarth Shaw LLP

Inside the House v. NCAA Settlement’s New NIL Oversight Regime: 12 Steps, Power Conferences, and a Compliance Balancing Act

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The proposed House v. NCAA settlement introduces a first-of-its-kind enforcement regime for college athlete compensation, shifting oversight from the NCAA to the power conferences. It establishes a 12-factor fair market value...more

Troutman Pepper Locke

“NIL Go”: Deloitte Establishes Basic Framework to Review Third-Party NIL Deals

Troutman Pepper Locke on

A three-page memo distributed to schools provides further clarity regarding Deloitte’s role as the approved clearinghouse for name, image, and likeness (NIL) deals, as outlined in the House settlement and guidance documents....more

Quarles & Brady LLP

Departments Will Not Enforce 2024 Final Rule under MHPAEA

Quarles & Brady LLP on

The Trump Administration has just announced that it will pause enforcement of the September 2024 final rule (“Final Rule”) under the Mental Health Parity and Addiction Equity Act (“MHPAEA”)....more

Seyfarth Shaw LLP

Parity in Peril? Plan Sponsors Breathe Easier As Trump Administration Hits Pause on Enforcement of Mental Health Parity Final Rule

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On May 15, 2025 the Departments of Labor, Health and Human Services, and Treasury (the “Departments”) announced they will temporarily not enforce their new standards published under the mental health parity Final Rule last...more

Weintraub Tobin

(Podcast) California Employment News: Back to the Basics of Employee Pay Days

Weintraub Tobin on

In this edition of California Employment News, Meagan Bainbridge and Nikki Mahmoudi break down the basics of California paydays — from the timing of wage payments, payday considerations, and posting obligations. Whether...more

Ballard Spahr LLP

Maryland Delays Paid Family and Medical Leave Insurance Program Again & Clarifies Parental Leave Law

Ballard Spahr LLP on

On May 6, 2025, Maryland Governor Wes Moore signed into law HB 102, delaying the start date of Maryland’s highly anticipated paid Family and Medical Leave Insurance program (“FAMLI”). Maryland employers and employees now...more

Carlton Fields

NAIC Life and Annuity Illustration Subgroup and Suitability Working Group Construct More Guidance

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At the NAIC Spring National Meeting, the Illustration Subgroup and the Suitability Working Group reported that they are building out the following additions...more

Carlton Fields

Contingent Deferred Annuities: Time for Renewal?

Carlton Fields on

Contingent deferred annuities (CDAs) represent an interesting approach to securing lifetime income but have struggled for recognition in the marketplace since their introduction more than a decade ago. Recent developments,...more

Alston & Bird

IRS Proposes Changes to 401(k) Catch-Up Contributions

Alston & Bird on

Our Employee Benefits & Executive Compensation Group discusses what plan sponsors and fiduciaries need to know about the Internal Revenue Service’s proposed changes for employees 50 or older who make additional elective...more

Mayer Brown

The Pensions Brief: April 2025

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Pensions dashboards – finalised standards and guidance - The following dashboards standards have been finalised and have received ministerial approval...more

Goldberg Segalla

New Jersey Employers: New Pay Transparency Act Goes into Effect June 1

Goldberg Segalla on

As of June 1, New Jersey will join a growing number of states requiring pay transparency in job postings. The Pay Transparency Act that New Jersey Gov. Phil Murphy signed into law mandates employers post internal and external...more

Littler

New Health and Safety Action Required for Brazil Employers – Psychosocial Risks

Littler on

New Regulatory Requirements - Companies with employees in Brazil have until May 26, 2025, to revise their Brazil Risk Management Program (PGR) to include psychosocial risks....more

Morgan Lewis - ML Benefits

IRS Proposes Regulations on Expanded Definition of Covered Employee Under Code Section 162m

Section 162(m) of the Internal Revenue Code prohibits a publicly held corporation from taking compensation-related tax deductions with respect to the compensation of a “covered employee” to the extent the compensation exceeds...more

A&O Shearman

UK bankers’ remuneration reform: MRT proposals in focus

A&O Shearman on

PRA and FCA proposals to revamp bankers’ remuneration rules would reduce the number of in-scope material risk takers (MRTs), while enabling more MRTs to benefit from proportionality exclusions. Banks would have greater...more

Troutman Pepper Locke

IRS Issues Proposed Regulations on the Expanded Definition of "Covered Employee" Under Code Section 162(m)

Troutman Pepper Locke on

On January 16, the Internal Revenue Service (IRS) published proposed regulations ( 90 FR 4691) under Section 162(m) of the Internal Revenue Code. Section 162(m) generally limits the deductibility of compensation paid in any...more

Carlton Fields

Deadline Approaches for RIAs to Adopt AML Programs CIP Requirements Remain in Limbo

Carlton Fields on

On August 28, 2024, the Financial Crimes Enforcement Network (FinCEN) adopted a final rule that subjects investment advisers to the anti-money laundering (AML) compliance provisions of the Bank Secrecy Act (BSA). For...more

Seyfarth Shaw LLP

The DOL May Not Actually Want to Hear From You: New Guidance Streamlining the Voluntary Fiduciary Correction Program

Seyfarth Shaw LLP on

The DOL updated its voluntary fiduciary correction program (“VFCP”) which was introduced over 20 years ago to allow plan sponsors to corrected enumerated fiduciary breaches. The amended VFCP now allows for self-correction of...more

Bodman

Michigan’s Earned Sick Time Act: A Legislative Update

Bodman on

Michigan’s Earned Sick Time Act (“ESTA”) will become effective on February 21, 2025.  Last minute bills have been introduced by both the House and Senate, designed to address serious issues ESTA presents to Michigan...more

Barnea Jaffa Lande & Co.

Approving a remuneration policy and paying remuneration to senior officers while overruling the general meeting’s opposition

Last month, the State Attorney-General and the Israel Securities Authority published their positions with regard to the overruling mechanism. The context relates to the requirement for public companies and private companies...more

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