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Subjects: Compliance

Poland: Retirement: Compliance Update: Earnings Ceiling Eliminated and Auto Enrollment Delayed

Anticipated effective date: January 1, 2019 According to the Polish regulations currently in force, the basis for calculating the social security pension contributions in a…

USA: Healthcare: Compliance Update: IRS Releases Long Awaited Guidance on Collection of Pay or Play Penalties

The US Internal Revenue Service (IRS) finally released information, in the form of Frequently Asked Questions, on the mechanics of how it will assess employer…

The Netherlands: Retirement: Compliance Update: Age for Retirement in The Netherlands Changes from 67 to 68

Effective January 1, 2018, the retirement age for occupational retirement plans in the Netherlands increases from age 67 to 68. Depending on their current benefit…

Saudi Arabia: Compliance Update: Wage Protection System Phasing in for Smaller Employers

The Saudi government in September 2013 introduced the Wages Protection System (WPS). The WPS is designed to make sure employees are paid on time. Large…

Brazil: Labor Law: Compliance Update: Brazilian Government Updates Labor Laws

Effective: November 11th and phasing in over a number of years The Brazilian government recently updated its labor laws to create a more business friendly…

Germany: Retirement: Compliance Update on Germany’s Salary Sacrifice Schemes

Effective date January 1, 2018 Our German Partner Profion recently released an in-depth article about legislation relating to salary sacrifice schemes. The legislation’s formal name…

USA: ERISA Compliance: ERISA Exemption for Plans of Church-Affiliated Organizations

In June, the U.S. Supreme Court issued an opinion that provided much-needed clarity about whether the ERISA exemption applies to plans maintained by church-affiliated organizations….

USA: Compliance: Washington State Passes Paid Family and Medical Leave Law

Effective date: January 1, 2020 Our US Partner, Alliant Employee Benefits, provided this legislative update for Washington State last week. A summary is below, or…

Belgium: Wages: Wage and Salary Increases for Metal Workers

Implementation deadline: September 30, 2017 Overview This coming September mandatory wage increases go into effect for the “metaalnijverheid” or Metal Industry in Belgium. There is…

United Kingdom: Retirement: Election Results Could Impact Pension Schemes

Responsible for a pension scheme in the UK? Asinta Partner Punter Southall has advice on how pension sensitive Gilt yields (government bonds) in particular could…

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