Maine’s comprehensive paid family and medical leave (PFML) law, enacted in October 2023, establishes a state benefits program funded by employer and employee contributions (the “Program”). The PFML law provides for implementation of the Program in phases over several years:
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Verrill Dana is a full service law firm with more than 130 attorneys and a growing number of service-based practice groups. The firm has a regional presence in the Northeast, with offices from Maine to Washington, D.C., allowing us to serve clients with interests across the country and around the world. Through scalable staffing, careful communication and skillful project management, Verrill Dana helps individuals and businesses achieve their goals in a manner that suits their unique legal needs and preferred work methods.
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Latest from Verrill Dana, LLP - Page 3
Novel 401(k) Plan Lawsuits Over the Use of Forfeitures—Swinging for the Fences or Plausible Claims?
In our December 7, 2023 post, we noted five class action lawsuits, all filed by the same law firm within two months, in which 401(k) plan participants allege plan fiduciaries violated ERISA by using plan forfeitures to offset employer…
Can a Self-Funded Group Health Plan Exclude Coverage for Gender-Affirming Care?
Section 457(f) Plans and Noncompete Clauses: What the IRS Gave, the FTC May Take Away
Key Takeaways for Maine Employers from DOL Final Rule Increasing Salary Thresholds for Exempt Employees
The U.S. Department of Labor recently issued a final rule that would increase the required salary thresholds for employees to be exempt from overtime requirements under the Fair Labor Standards Act (FLSA). The increases to salary thresholds are significant and…
Why Is There No IRS Correction Program for Non-Governmental 457(b) Plans?
HR Power Hour with Vicky Oliver
On this episode of HR Power Hour, join Verrill attorney Tawny Alvarez as she talks to Vicky Oliver. This episode discusses why women have left the workplace and ways in which employers can attract women back. Vicky Oliver is the…
RxDC Reporting in Light of June 1, 2024 Deadline and Recent PBM Litigation
Under the Consolidated Appropriations Act of 2021 (“CAA”), employer-sponsored group health plans, including medical-only plans, must submit information about their prescription drugs and health care spending.[1] This submission is often referred to as the Prescription Drug Data Collection report,…
Health and Welfare Benefit Plan Fiduciary Governance in the Wake of the Johnson & Johnson Lawsuit
For the past few years, we have encouraged plan sponsors to focus on matters of fiduciary governance for their health and welfare benefit plans (see our 2021 blog post). Yet many plan sponsors overlook the fact that the…
Updated Postings for Maine Employers
Employers in the State of Maine with fifty (50) or more employees should be mindful that the Maine Bureau of Labor has updated its poster for Veterans Benefits and Services. The poster is required for Maine employers with fifty (50)…