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In a letter sent to the five Congressional committees with jurisdiction over health care, The ERISA Industry Committee (ERIC) urged the lawmakers to include a provision in the pending health care reform legislation confirming that existing laws do not prohibit employers from offering wellness programs that give individuals meaningful incentives to participate.
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Broadening the scope of the FMLA's protections, the Third Circuit ruled that the firing of an employee for simply making a request for leave may constitute both interference and retaliation under the FMLA, and the actual taking of leave is not required to state a claim.
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The IRS has updated the rules for determining the amount of an employee's ordinary and necessary business expenses for lodging, meals, and incidental expenses while traveling away from home that are deemed substantiated under Reg. §1.274-5. The new procedure provides transition rules for the last three months of calendar year 2009 and updates the simplified high-low per diem rates and the high-cost/low-cost localities.
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Before the release of final regulations under Code Secs. 430 and 436, the IRS is supplying advance information about the choice of interest rates in the final regulations for plan years beginning in 2010.
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The Joint Board for the Enrollment of Actuaries has issued proposed regulations that update the eligibility requirements for enrolled actuaries to perform actuarial services for ERISA-covered pension plans.
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The IRS is postponing certain tax deadlines, including the filing of Form 5500s, for taxpayers who reside or have a business in the Georgia counties that experienced severe storms and flooding on September 18, 2009.
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