Offering bona fide fringe benefit plans, as a solution for government contractors, can provide ideal flexibility and cost-savings. However, many government contractors may be intimidated by the administrative burden and…
Tag: compliance
Medicare: What Employers and Plan Sponsors Need to Know
Most people know that Medicare provides health insurance for those that are at least age 65 and/or those that have a qualifying disability. The program is administered by the Centers…
DOL Clarifies ‘Regular Pay’ for COVID-Related Paid Sick Leave For SCA and DBA
On August 3, 2020, the Wage and Hour Division of the U.S. Department of Labor (DOL) released additional Q&A information regarding COVID-Related paid sick leave provided under the Families First…
Are You Prepared for a DOL Audit?
Audit. That’s a scary word. Especially if you’re an employer facing an audit of your employee benefit plans by the Department of Labor (DOL). When it comes to the compliance…
Contractor Compliance Concerns
When it comes to government contractors, there are several laws and regulations that a contractor must always keep in mind. The McNamara-O’Hara Service Contract Act of 1965 (SCA), Davis-Bacon Act…
SCA Fringe Rates Announced by Department of Labor
On June 29, 2020, the Wage and Hour Division (WHD) of the U.S. Department of Labor announced that the prevailing health and welfare fringe benefits issued under the McNamara-O’Hara Service…