Curated Toolkit for the week of 6/17/2024 from Risk Strategies

Health & Welfare Plan Compliance Reminder: PCORI Fee Filing Deadline

Employers sponsoring self-funded health and welfare plans and HRAs should take note of the upcoming PCORI filing and fee payment deadline of July 31, 2024, for plan years ending in 2023. Learn the key action steps to take now.

New York Passes Landmark Paid Prenatal Care Leave for 2025 & Paid Lactation Breaks Coming Sooner

In case you missed it - New York State employers will be required to provide paid lactation break time for nursing employees, starting June 19, 2024. Additionally, New York will become the first state in the nation to require employers to provide paid prenatal leave for their employees working in New York, starting January 1, 2025.

New Chicago Paid Sick & Paid Leave Ordinance In Effect Soon

Reminder - Employers with employees working in Chicago take note of the upcoming July 1, 2024 effective date for Chicago paid sick leave and paid leave for any reason. Review the key details here.

Maryland PFML Program Delayed Once Again

Maryland recently delayed, once again, the start dates for the Maryland paid family and medical leave program. Maryland employers – stay on top of the highlights here.

IRS Releases FAQs on Tax Treatment of Work-Life Referral Programs

In case you missed it - The IRS released recent guidance clarifying the federal tax treatment of employer-provided work-life referral (WLR) programs, clarifying that WLR programs qualify as a de minimis fringe benefit for tax purposes, and are excluded from an employee’s gross income and exempt from employment taxes. Read on for more information.

Todd LaRue has over 20 years of experience in providing comprehensive and customized employee benefits, human resources consulting, and risk mitigation services to employers of all sizes and industries. His mission is to help employers achieve their long-term strategic goals, enhance their employee engagement, and reduce their operational costs and risks.