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Rule 3 Apr 2025 business regulation, financial compliance, pensions, employee benefit plans, pension, pension insurance, asset allocation, pension benefit guaranty corporation

📈Final Rule on Allocation of Assets in Single-Employer Pension Plans

This final rule amends the Pension Benefit Guaranty Corporation's regulation on Allocation of Assets in Single-Employer Plans to prescribe the spreads component of the interest assumption under the asset allocation regulation for plans with valuation dates of April 30, 2025-July 30, 2025. These interest assumptions are used for valuing benefits under terminating single-employer plans and for other purposes.

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Regulatory Compliance, Financial Management 21 Jan 2025 regulatory compliance, administrative practice and procedure, reporting and recordkeeping requirements, financial impact, pensions, employee benefit plans, pension, pbgc, pension insurance, business processes

💼Proposed PBGC Rule on Premium Rates and Reporting Changes

The Pension Benefit Guaranty Corporation (PBGC) proposes miscellaneous technical corrections, clarifications, and improvements to its regulations, including its regulations on premium rates, premium due dates, and termination of single-employer plans. These changes are a result of PBGC's ongoing retrospective review of the effectiveness and clarity of its rules and of statutory changes.

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Regulations, Compliance 10 Jan 2025 agriculture, government contracts, transportation, government procurement, customs duties and inspection, imports, administrative practice and procedure, reporting and recordkeeping requirements, motor vehicle safety, employment, aliens, intergovernmental relations, penalties, law enforcement, motor vehicles, immigration, investigations, housing, business regulations, whistleblowing, health, airmen, civil penalties, trade agreements, inflation adjustments, insurance, department of labor, surety bonds, employee benefit plans, health insurance, construction industry, labor, monetary penalties, housing standards, wages, watches and jewelry, black lung benefits, indians-arts and crafts, labor management relations, lie detector tests, minimum wages, migrant labor, child labor, labor compliance, longshore and harbor workers, mine safety and health, homeworkers, miners, mines, teachers, maternal and child health, workers' compensation, occupational safety and health, clothing

💼2025 Federal Civil Penalties Inflation Adjustment - Labor Impact

The U.S. Department of Labor (Department) is publishing this final rule to adjust for inflation the civil monetary penalties assessed or enforced by the Department, pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990 as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (Inflation Adjustment Act). The Inflation Adjustment Act requires the Department to annually adjust its civil money penalty levels for inflation no later than January 15 of each year. The Inflation Adjustment Act provides that agencies shall adjust civil monetary penalties notwithstanding section 553 of the Administrative Procedure Act (APA). Additionally, the Inflation Adjustment Act provides a cost- of-living formula for adjustment of the civil penalties. Accordingly, this final rule sets forth the Department's 2025 annual adjustments for inflation to its civil monetary penalties.

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Compliance Requirements, Regulatory Changes 6 Jan 2025 compliance, healthcare, regulations, administrative practice and procedure, reporting and recordkeeping requirements, cybersecurity, medicare, penalties, health professions, health care, drug abuse, health facilities, investigations, health, medicaid, public health, privacy, health records, employee benefit plans, health insurance, medical research, hipaa, hospitals, computer technology

🔐Proposed HIPAA Security Rule Enhancements for Cybersecurity Compliance

The Department of Health and Human Services (HHS or "Department") is issuing this notice of proposed rulemaking (NPRM) to solicit comment on its proposal to modify the Security Standards for the Protection of Electronic Protected Health Information ("Security Rule") under the Health Insurance Portability and Accountability Act of 1996 (HIPAA) and the Health Information Technology for Economic and Clinical Health Act of 2009 (HITECH Act). The proposed modifications would revise existing standards to better protect the confidentiality, integrity, and availability of electronic protected health information (ePHI). The proposals in this NPRM would increase the cybersecurity for ePHI by revising the Security Rule to address: changes in the environment in which health care is provided; significant increases in breaches and cyberattacks; common deficiencies the Office for Civil Rights has observed in investigations into Security Rule compliance by covered entities and their business associates (collectively, "regulated entities"); other cybersecurity guidelines, best practices, methodologies, procedures, and processes; and court decisions that affect enforcement of the Security Rule.

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