employer

September 10, 2024

Pay-or-Play Affordability Percentage Will Increase for 2025

On Sept. 6, 2024, the IRS released Revenue Procedure 2024-35 to index the contribution percentage in 2025 for determining the affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2025, employer-sponsored coverage will be considered affordable under the ACA’s “pay-or-play” rules if the employee’s required contribution for self-only...

September 5, 2024

OSHA Releases New Online Severe Injury Report Dashboard

On Sept. 4, 2024, OSHA released an online tool giving users the ability to search its severe injury report (SIR) database and view trends related to workplace injuries occurring in states covered by federal OSHA. Key Highlights OSHA requires that employers report all severe work-related injuries, such as amputations, in-patient hospitalizations or losses of an...