article thumbnail

The 800-Pound Gorilla

Florida Workers' Comp

At the conclusion of The Bourne Identity (2002), the old guard is struggling with the challenge presented by their prodigy, Jason Bourne (try to forgive that this great line comes from the villain - spoiler alert, he is not in the sequel). They are not like me, but they are worthy.

article thumbnail

Tribunal orders Phoenix Healthcare and Rentacar 24/7 to pay unpaid wages

Employee Benefits

Phoenix Healthcare was also required to pay £810, pursuant to section 38 Employment Act 2002, for failure to issue a written statement of employment particulars. I find that the claimant did as much as he could to find out more about his payments.” The two businesses were ordered to pay Piekielniak £2,912.19 for unpaid wages.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DOL Proposes Significant Changes to VFCP Program

McDermott Will & Emery Employee Benefits

On November 21, 2022, the US Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) released a proposed amendment and restatement of the Voluntary Fiduciary Correction Program (VFCP), along with a proposed amendment to the Prohibited Transaction Exemption (PTE) 2002-51.

article thumbnail

What You Need to Know About California Paid Family Leave [+ FAQs]

Patriot Software

California was the first state to create a paid family leave (PFL) program in 2002 (benefits became available in 2004). Since then, 11 other states have created paid family leave programs (plus Washington D.C.). If you’re an employer in California, you must withhold PFL contributions from employees’ wages while running payroll.

Payroll 74
article thumbnail

DOL Proposes Self-Correction Option and Other Changes to Voluntary Fiduciary Correction Program

Proskauer's Employee Benefits & Executive Compensa

The DOL also proposed conforming changes to the prohibited transaction class exemption, PTE 2002-51 , associated with the VFCP. The most significant change is the addition of a self-correction option for delinquent deposits of participant contributions and loan repayments.

401(k) 97
article thumbnail

Inflation-Fighting Ideas: Round Two

Money Talk

Users enter two dates to compare the relative buying power in each time period, For example, $7,978 in February 2022 has the same buying power as $5,000 twenty years earlier in February 2002. This is an almost $3,000 (and almost 60%) increase in prices and decrease in purchasing power.

Finance 242
article thumbnail

Failure to Disclose Prior Work-Related Injuries Proves Fatal for NY Worker’s Claim for Continued Benefits

The Workcomp Writer

A New York appellate court affirmed a decision by the state’s Workers’ Compensation Board that found an injured worker’s failure to disclose work-related injuries he sustained in 1998 and 2002, for which he received schedule loss of use awards, was the sort of misrepresentation prohibited by N.Y. Workers’ Comp. Workers’ Comp.