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ARPA Includes Butch Lewis Emergency Pension Plan Relief Act

Tuesday, March 16, 2021 We had pondered when this day would come. The doomsday scenario that the Pension Benefit Guaranty Corporation (PBGC) would become insolvent in five to six years is now old history. (The new estimated time of PBGC insolvency is the mid-2040s.) Plan participants, the plans, employers, unions, and the PBGC had all been patiently waiting for relief and they have apparently been rewarded with the relief they were seeking. The American Rescue Plan Act of 2021, signed by President Joe Biden on March 11, 2021, included the Butch Lewis Emergency Pension Plan Relief Act of 2021 (Pension Relief Act), which will provide special financial assistance, in a single lump-sum payment, to certain underfunded multiemployer defined benefit pension plans. The payment will, in theory, pay for all accrued benefits owed to retirees, without reduction, through the plan year ending in 2051, without any obligation to repay such funds. The Congressional Budget Office (CBO)

California Adds COVID-19 Vaccinations to Wage and Hour FAQs

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California Updates Wage and Hour FAQs to Include COVID-19 Vaccinations | Ogletree, Deakins, Nash, Smoak & Stewart, P C

To embed, copy and paste the code into your website or blog: The California Department of Industrial Relations (DIR) recently updated its “Guide to COVID-19 Related Frequently Asked Questions [FAQs]” to include wage and hour issues and vaccinations. If an employer requires employees to obtain a COVID-19 test or vaccination, the employer must pay for the employee’s time, including travel time. The California Department of Fair Employment and Housing recently confirmed that an employer can mandate that employees obtain a COVID-19 vaccination, subject to reasonable accommodation for disability-related reasons and sincerely-held religious beliefs or practices. According to the FAQs, “the employer must pay for the time it takes for testing or vaccination because such time would constitute ‘hours worked.’” The DIR explained that this time is “hours worked” because “the employer exercised control over the worker by requiring the worker to perform [the] task” of bein

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