New Legislation Expands New York State Paid Family Leave

sisters holding hands

Governor Kathy Hochul signed a bill that expands New York State’s Paid Family Leave legislation to allow caring for siblings. Paid Family Leave has been in effect since 2018 and is employee-paid insurance that provides paid time off to care for a newborn, bond with adopted or foster children, care for a family member with … Read more

Mayor de Blasio Signs into Law Significant Amendments to the New York City Earned Safe and Sick Time Act

woman sick in bed

On September 28, 2020, New York City Mayor Bill de Blasio signed a bill into law significantly amending the New York City Earned Safe and Sick Time Act (“NYC ESSTA”). The new law was enacted to better align with New York State’s new paid sick leave law (“NYS Paid Sick Leave Law”) and make the … Read more

New York Employees Entitled To Three Hours of Paid Time Off To Vote

As part of the New York State Enacted Budget for fiscal year 2020, Governor Andrew Cuomo announced that new legislation has been established that mandates three hours of paid time off for all New York employees to vote on Election Day. Effective immediately, the New York Election Law § 3-110 provides, as follows: A registered … Read more

New York Paid Family Leave Changes in 2019

As you are aware, effective January 1, 2018 New York State enacted New York Paid Family Leave (PFL). As part of the implementation, PFL benefits are phased in over a four-year period. 2019 will mark year two of the implementation and PFL benefits will be significantly enhanced. Beginning January 1, 2019, the number of weeks … Read more

IRS Issues Private Letter Ruling on Student Loan Benefit Under 401(k) Plan

Submitted by Ali Law Group PC on August 28, 2018 Recently, employer Abbott Labs announced the introduction of a proposed program which would amend its defined contribution plan to include a student loan benefit for its employees. The program would allow for employer-provided student loan repayment benefits offered through Abbott Labs’ 401(k) plan. On Friday, August … Read more

Final Rule Expands Short-Term, Limited-Duration Insurance

Submitted by Ali Law Group PC on August 5, 2018 On August 1, 2018, the Departments of Health and Human Services, Labor, and Treasury issued a final rule which expands access to short-term, limited-duration insurance coverage. The rule extends short-term health insurance plans from three months to one year, with renewal options to extend coverage to … Read more

The Affordable Care Act’s 2018 PCORI Fees

Submitted by Ali Law Group PC on May 22, 2018 The Affordable Care Act (ACA) imposes a fee on health insurers and plan sponsors of self-insured group health plans to help fund the Patient-Centered Outcomes Research Institute (PCORI). Specifically, the PCORI fee assists in funding research that evaluates and compares health outcomes, clinical effectiveness, and … Read more

The IRS Requests Comments on Scope of Determination Letter Program for Individually Designed Plans

Submitted by Ali Law Group PC on April 7, 2018 On April 5, 2018, the IRS announced the potential expansion of the scope of the determination letter program for individually designed plans during the 2019 calendar year. In Notice 2018-24, the IRS requested comments on specific types of plans for which the Treasury Department and … Read more

Proposed Rules Extend Short-Term, Limited-Duration Insurance

Submitted by Ali Law Group PC on April 2, 2018 In response to President Trump’s October 2017 Executive Order, the Departments of Health and Human Services, Labor, and the Treasury issued a proposed rule to amend the definition of short-term, limited duration insurance. The rule proposes to expand the availability of short-term, limited-duration health insurance … Read more

DOL Fiduciary Rule in Jeopardy: How Employers Can Protect 401(K) Investors

Submitted by Ali Law Group PC on February 15, 2017 President Trump has signed an executive order instructing the Department of Labor (DOL) to “rescind or revise” the controversial ruling passed last year imposing a “fiduciary rule” on retirement accounts. With an applicability date of April 10, 2017, the rule broadly defines who is a “fiduciary” … Read more