The US Department of Labor (DOL) has proposed a new regulation intended to help fiduciaries of self-insured group health plans to assess the compensation of pharmacy benefit manager (PBM) services and to fulfill their duties under the Employee Retirement Income Security Act (ERISA).
The US Department of Labor's semiannual regulatory agenda provides a useful roadmap for what could be in store for employers in the months and years ahead.
Although they do not carry the same legal weight as notice-and-comment regulations, opinion letters can help limit employers' liability in the event of a lawsuit or DOL investigation.
A new enforcement policy directs US Department of Labor investigators to apply criteria that make it easier to classify workers as independent contractors under the Fair Labor Standards Act (FLSA).
Issued by President Biden in 2021, Executive Order 14026 had initially required a minimum wage for certain federal contractors of $15.00 an hour. With annual inflation adjustments, that minimum wage rose to its current level of $17.75 per hour.
Civil money penalties under the Fair Labor Standards Act (FLSA), the Family and Medical Leave Act (FMLA), the Occupational Safety and Health Act (OSH Act) and other laws enforced by the US Department of Labor (DOL) are increasing by 2.6%, starting January 15.