Final Rule on Wage Protections for Temporary and Permanent Employment of Certain Aliens Delayed
Forced Labor | More Nitrile Glove Imports Seized Upcoming Congressional Hearings
Biden Administration Labor Leadership Updates
On May 12, the Senate Health, Education, Labor, & Pensions (HELP) Committee advanced the following nominations out of committee for full Senate consideration:
Jennifer Abruzzo, to serve as General Counsel of the National Labor Relations Board (NLRB), by a party-line vote of 11 to 11;
Seema Nanda, to serve as Solicitor for the U.S. Department of Labor by a vote of 14 to eight; and
Jocelyn Samuels, for a new term on the U.S. Equal Employment Opportunity Commission, by a vote of 14 to eight.
Biden Admin: Students Defrauded by For-Profit Colleges Get Full Relief
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Medicare for All introduced with support of key House members
modernhealthcare.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernhealthcare.com Daily Mail and Mail on Sunday newspapers.
House passes Protect the Right to Organize Act, 225-206, sends bill to Senate
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The $1.9 trillion coronavirus relief package includes money for a plethora of interests you might expect, such as funding for healthcare, roughly $350 billion for states and stimulus payments. But some Democrats are also angling for taxpayer-funded relief money to bail out pension funds that have ballooned over the years while many of the companies in question continued to pay their top-ranking employees millions of dollars.
The Pension Benefit Guaranty Corporation (PBGC) protects pensions of private-sector employees. PBGC says their financing comes from the insurance premiums that employers pay, along from investments, assets of pension plans that they preside as trustee over, but not from taxes. While pensions took a hit during the pandemic due to falling interest rates, corporations underfunded their pensions long before the pandemic. And now, taxpayers might pick up the cost.