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November 2016 | Issue 07

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New Overtime Rule Goes Into Effect Dec. 1

 

On Dec. 1, 2016, the U.S. Department of Laborís (DOL) final rule updating white collar exemption qualification requirements will go into effect. This change is expected to affect more than 4 million workers across the United States. Learn More

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DOL Increases Penalties for Health Plan Violations

 

The DOL recently issued an interim final rule that increases the civil penalty amounts that may be imposed under the Employee Retirement Income Security Act (ERISA) to account for inflation. Learn More

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Major Changes Proposed to Form 5500

 

On July 21, 2016, federal regulators published a proposed rule that aims to modernize and improve the Form 5500 annual return/report that is filed by employee benefits plans. These proposed updates are important to employers because they focus on group health plans. Learn More

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Brady, Chapman, Holland & Associates, Inc.

victoria.kidwiler@bch-insurance.com | www.bch-insurance.com

10055 West Gulf Bank | Houston, TX 77040 | 713.688.1500

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