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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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Free Newsletters
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-- An attorney subscriber
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37 Matching News Items |
| 1. |
Franczek Radelet P.C.
May 1, 2013
Articles include: [1] Health Care Reform Guidance on Required Future Modifications to SBC, for Employers Contributing to Multiemployer Welfare Plans and for Individuals Seeking Health Insurance Premium Tax Credit; [2] United States Supreme Court Decision: US Airways Inc. v. McCutchen; [3] Obama Administration Revenue Proposals Affecting Retirement Savings; [4] PBGC Proposed Rule on Reportable Events.
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| 2. |
Franczek P.C.
May 28, 2024
"The final rules confirm that only hours worked within the City of Chicago count towards the accrual of Paid Leave and Paid Sick Leave.... [R]emote workers who meet the definition of a covered employee are covered even if the employer is physically located outside of Chicago.... Under the final rules, an employer who denies a Paid Leave request must do so in writing, stating a 'pre-established policy rationale' and issuing the written denial immediately upon denying the request."
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| 3. |
Franczek P.C.
Apr. 18, 2024
"The new amendment, effective immediately, postpones the implementation of the Ordinance for public school districts and park districts until January 1, 2025. The new rules clarify certain employee rights and employer responsibilities under the Ordinance. The County is also contemplating issuance of additional procedural rules governing park districts and school districts."
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| 4. |
Franczek P.C.
Dec. 8, 2023
"[On] December 7, 2023, the City Council's Workforce Development Committee approved amendments to the ordinance that would delay implementation of the new requirements until July 1, 2024. The amendments would also impose a 16-day cooling off period before a worker could sue their employer for violating the ordinance and narrow the definition of workers covered under the policy to make it less likely that traveling workers in the trade show industry would be affected. The proposed amendment must still be approved by the full City Council."
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| 5. |
Franczek P.C.
Apr. 13, 2022
"The [Illinois] COVID-19 paid leave law has raised both legal and practical questions for school administrators. [Fifteen] pressing questions about the implications of the law and implementation are addressed [in this article]."
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| 6. |
Franczek P.C.
Apr. 6, 2022
"The law requires public school districts, public charter schools, and public universities to reimburse all sick leave taken by fully vaccinated teachers and employees during the 2021-2022 school year if the leave was taken due to a confirmed or probable diagnosis of COVID-19, being identified as a 'close contact' of an individual with COVID-19, or due to a required exclusion from school due to COVID-19, either experienced by the employee or a child of the employee."
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| 7. |
Franczek P.C.
Jan. 3, 2022
"On January 10, 2022, teachers will be able to begin submitting applications to the Illinois Teachers' Retirement System (TRS) to participate in TRS's new Supplemental Savings Plan which is a tax-deferred compensation program under Section 457(b) of the United States Internal Revenue Code. Payroll deductions for participants are expected to start in March, 2022."
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| 8. |
Franczek P.C.
Nov. 2, 2021
"On October 28, the Illinois General Assembly passed legislation that, if signed by Governor Pritzker, will provide mandatory paid administrative leave for school and Illinois public college and university employees for COVID-19-related absences.... [P]er the current version of the legislation, any sick days previously taken by a school district employee in accordance with COVID-19 guidance issued by the State and/or its agencies since the beginning of the 20-21 school year must be returned to the employee."
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| 9. |
Franczek P.C.
June 6, 2021
"If signed by the Governor, HB 816 would permit eligible school employees to use up to 30 days of paid sick leave for the birth of a child at any time during the 12-month period following the child's birth even after an intervening period of non-working days or school not being in session.... HB 816 [could] require school districts' immediate attention to the extent teachers or other eligible employees seek to use sick leave at the start of the 2021-2022 school year."
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| 10. |
Franczek P.C.
Apr. 25, 2021
"Formerly limited to private-sector employers with fewer than 500 employees, the credit is now available to many state and local governmental bodies ... The 500-employee limit does not appear to apply to governmental employers ... Employers claiming the credit are permitted to keep federal employment taxes that they otherwise would have deposited, ... up to the amount of the credit for which they are eligible[.]"
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