🛠️OSHA Notice on NRTL Recognition for Intertek Testing Services
In this notice, OSHA announces the application of Intertek Testing Services NA, Inc., for expansion of the recognition as a Nationally Recognized Testing Laboratory (NRTL) and presents the agency's preliminary finding to grant the application.
Learn More📈Implications of CPI-U Increases for Business Owners and Executives
The notice from the Department of Labor details significant increases in the Consumer Price Index for All Urban Consumers (CPI-U), illustrating inflation trends from historical averages. This information serves as a foundational economic indicator for businesses to adjust pricing strategies, wage policies, and financial planning in response to these changes.
Learn More📈Significant Increase in Consumer Price Index & Business Implications
The Department of Labor announces a substantial increase in the All Items Consumer Price Index for Urban Consumers, indicating an inflation rise from the 1984 average to 2024. This shift highlights trends in consumer prices, crucial for economic assessments and decision-making in various industries.
Learn More⚠️Notice on Petitions for Modification of Safety Standards
The Department of Labor (DOL) is submitting this Mine Safety and Health Administration (MSHA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.
Learn More🤿DOL Requests Public Comments on Commercial Diving Operations Standards
The Department of Labor (DOL) is submitting this Occupational Safety & Health Administration (OSHA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.
Learn More⚒️Notice on Safety Standards for Roof Bolts in Mining Operations
The Department of Labor (DOL) is submitting this Mine Safety and Health Administration (MSHA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.
Learn More📊Amendments to PTEs 2016-10 and 2016-11
This document provides notice of an amendment to Prohibited Transaction Exemptions (PTEs) 2016-10, granted to Royal Bank of Canada (together with its Current and Future Affiliates, RBC), and 2016-11, granted to Northern Trust Corporation (together with its Current and Future Affiliates, Northern) that extends the effective periods of the exemptions for up to six months if RBC and Northern meet certain conditions. The amendment to PTE 2016-10 is referred to herein as the RBC QPAM Amendment, and the amendment to PTE 2016-11 is referred to herein as the Northern QPAM Amendment (collectively, the Amendments).
Learn More💼DOL Seeks Comments on Funding Opportunity Grants Process
In compliance with the Paperwork Reduction Act of 1995 (PRA), the DOL is soliciting public comments regarding the proposed extension of this Office of the Assistant Secretary for Administration and Management (OASAM)-sponsored information collection for the authority to continue the information collection request (ICR) titled, "DOL Generic Solution for Funding Opportunity Announcements," currently approved under OMB Control Number 1225-0086.
Learn More📋Withdrawal of Proposed Rule on Preventive Services Coverage
This document withdraws a notice of proposed rulemaking that appeared in the Federal Register on October 28, 2024, regarding coverage of certain preventive services under the Affordable Care Act.
Learn More📈New VFC Program Amendments
This document contains an amended and restated Voluntary Fiduciary Correction Program (VFC Program or Program) under title I of the Employee Retirement Income Security Act of 1974, as amended (ERISA). The VFC Program is designed to encourage correction of fiduciary breaches and compliance with the law by permitting persons to avoid potential Department of Labor civil enforcement actions and civil penalties if they voluntarily correct eligible transactions in a manner that meets the requirements of the Program. The amendments to the Program simplify and expand the VFC Program to make the Program easier to use and more useful for employers and others who wish to avail themselves of the relief provided. Specifically, the Program amendments add a self-correction feature for delinquent transmittal of participant contributions and loan repayments to a pension plan under certain circumstances; clarify some existing transactions eligible for correction under the Program; expand the scope of other transactions currently eligible for correction; and simplify certain administrative or procedural requirements for participation in and correction of transactions under the VFC Program. In addition, the amendments implement section 305(b)(2) and (3) of the SECURE 2.0 Act of 2022 (SECURE 2.0 Act) by adding a self-correction feature for certain participant loan failures self-corrected under the Internal Revenue Service's Employee Plans Compliance Resolution System (as described in Rev. Proc. 2021-30, or any successor guidance) (IRS's EPCRS).
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