JCJD Posted February 11, 2010 Posted February 11, 2010 Is there a voluntary correction program available for employers who inadvetently fail to submit employer contributions for all eligible associates?
Peter Gulia Posted February 11, 2010 Posted February 11, 2010 Here’s San Francisco’s “Health Care Security Ordinance” http://www.municode.com/content/4201/14131/HTML/ch014.html and here’s the implementing regulations http://sfgsa.org/Modules/ShowDocument.aspx?documentid=1246 Here’s the Office of Labor Standards Enforcement’s “Employer Guide” http://www.healthysanfrancisco.org/files/P...loyer_guide.pdf It seems that a failure (if any) can be adjusted with a payment of money. Peter Gulia PC Fiduciary Guidance Counsel Philadelphia, Pennsylvania 215-732-1552 Peter@FiduciaryGuidanceCounsel.com
Guest epaley Posted March 10, 2010 Posted March 10, 2010 Went through this process with a client. There is no set correction method, and the OLSE is not terribly helpful. Client tried simply to pay Healthy San Francisco, and HSF rejected the payment. Approach now is to set up an after-tax taxable account under which reimbursements are made available for prior expenses. That, in turn, will require client to engage a TPA to administer the correction process. Huge PITA.
Peter Gulia Posted March 10, 2010 Posted March 10, 2010 epaley, thanks for your update. Your last two sentences (including Pain In The Administration) are a nice illustration on why the Supremes ought to decide that ERISA preempts San Francisco's ordinance. Peter Gulia PC Fiduciary Guidance Counsel Philadelphia, Pennsylvania 215-732-1552 Peter@FiduciaryGuidanceCounsel.com
Christine Roberts Posted April 1, 2010 Posted April 1, 2010 I have also taken a client through "self-correction" which is an informal process, not a set procedure. And no real "reliance" on going through the process the way there is with EPCRS, VFCP, etc., but they do seem to be acting in good faith by inviting voluntary disclosure of failures properly to participate. Christine P. Roberts Mullen & Henzell L.L.P. 112 E. Victoria St. Santa Barbara, California 93101 tel (805) 966-1501 fax (805) 966-9204 croberts@mullenlaw.com
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