The Internal Revenue Service has recently announced cost-of-living adjusted limits for 2024. This article shows these limits for qualified retirement plans (including 401(k) plans), deferred compensation plans, and health and welfare plans. Davis Wright Tremaine:IRS Releases 2024 Cost-of-Living Adjusted Limits for Benefit Plans

Effective November 13, 2023, New York employers are required to provide employees, upon separation, with a revised notice of their right to file for unemployment benefits with the New York Department of Labor (NYDOL).  The NYDOL will soon issue a new Record of Employment form that employers can use to satisfy the notice requirements. Seyfarth:Revisions to New York Unemployment Notice To […]

Effective December 31, 2023, the new Chicago Paid Leave and Paid Sick and Safe Leave Ordinance will replace the current Chicago Paid Sick Leave Ordinance.  Under the new ordinance, employees will be entitled to 40 hours of paid sick leave and 40 hours of paid leave per year.  The new ordinance applies to 1) all […]

Beginning on January 1, 2024, the Washington Paid Family and Medical Leave Program’s total premium rate will decrease from 0.8% to 0.74%.  Additionally, the maximum weekly benefit will be capped at $1,456.00 per week in 2024. Jackson Lewis:Updates to the Washington Paid Family and Medical Leave Program

Under the long-term part-time (LTPT) employee rule of the SECURE Act, part-time employees who work at least 500 hours during three consecutive 12-month periods must be eligible to participate in a 401(k) plan.  The 12-month periods began as of January 1, 2021, so the first time a LTPT employee could become eligible under this rule will be […]

USCIS has launched a new Enterprise Change of Address (E-COA) self-service tool to make it easier for foreign nationals to update their addresses.  All foreign nationals, even green card holders, are required to notify USCIS of a change of address within 10 days of move. Jackson Lewis:USCIS E-COA Allows Foreign Nationals to Update Their Addresses […]

Effective March 13, 2024, the salary threshold for certain exemptions under Article 6 of the New York Labor Law (NYLL) will increase from $900 to $1,300 per week.  Article 6 regulates the method and frequency of wage payments to employees in the State.  A bona fide executive, administrative, or professional employee who is paid in […]

California has recently amended the Healthy Workplaces Healthy Families Act of 2014.  Effective January 1, 2024, California employers must comply with the increased paid sick leave entitlements, most importantly increasing the number of paid sick leave days from 24 hours per year to 40 hours, as well as changes to usage restrictions. Morgan Lewis:California Increases Paid Sick Leave […]

California has passed the Workplace Violence Prevention Plans (WVPPs), the first of its kind in the nation, which requires nearly all California employers to implement a workplace violence prevention plan by July 1, 2024 that includes a lengthy list of requirements. Barnes & Thornburg LLP:New California Law Regarding Violence Prevention in Workplace Is First of Its […]

New York has amended its Penal Law to increase the criminal penalties for wage theft, a form of criminal larceny.  The amended law takes effect immediately.  New York employers should review their pay policies and practices to ensure they are in compliance. The Governor of New York has also signed four bills amending the New York Labor Law, including the notification […]