Canada: C.D. Howe Paper: The Taxation Of Single-Employer Target Benefit Plans – Where We Are And Where We Ought To Be

Jana Steele, Ian McSweeney, Barry Gros and Karen Hall recently co-authored the C.D. Howe Paper, The Taxation of Single-Employer Target Benefit Plans – Where We Are and Where We Ought To Be.  The paper offers a blueprint of how tax rules can be changed to better accommodate single-employer target benefit plans (TBPs).

Many employers have been looking for alternatives beyond traditional pension arrangements to better manage their pension risks. TBPs are an attractive hybrid of […]

By | March 12th, 2015 ||

United States: Proposed Rule Implementing Contractor “Blacklisting” Executive Order Advances

On March 6, federal agencies charged with carrying out the Fair Pay and Safe Workplaces Executive Order (EO) submitted their proposed rule to the Office of Management and Budget (OMB) for review, signaling its imminent release. The so-called “blacklisting” EO provides that employers can be denied federal contracts if they or their subcontractors violated or allegedly violated a host of federal labor laws within the past three years. This EO will impose new and […]

By | March 12th, 2015 ||

United States: Supreme Court Confirms Broad Flexibility For Executive Branch Regulatory Agencies In Making And Changing Policy

In a unanimous decision issued on Monday, March 9 in Perez v. Mortgage Bankers Association, the US Supreme Court has given the US Department of Labor and other executive branch agencies greater flexibility to change policy direction without going through the time-consuming notice-and-comment process spelled out in the Administrative Procedure Act (APA).

In 2010, the Department of Labor’s Wage & Hour Administration (Wage & Hour) issued an interpretation of its overtime regulations concluding that mortgage-loan […]

By | March 12th, 2015 ||