On October 31, 2013 the Internal Revenue Service (IRS) announced the cost-of-living adjustments impacting tax-qualified pension plans for 2014. Increases were not made to the individual limits on deferrals and catch-up contributions. However, the IRS increased from last year most of the general pension plan limitations, including the limit on annual compensation, as the cost-of-living index increase
Paying employees is a complicated business. For employers in retail and other industries where employees may not have bank accounts, payroll cards have emerged as a potential solution. But are payroll cards an answer, or just an illusion?
AGC continues to monitor federal contracting agencies’ PLA policies and practices and to educate agencies about the problems with PLA mandates and bid preferences. AGC’s efforts include over 80 letters and survey responses sent during the Obama Administration urging agencies not to impose such mandates or preferences. In most cases, the letters were sent in
Union contractors facing increasing cost competition from open-shop contractors are often tempted to set up a separate nonunion firm and operate on a double-breasted, or dual shop, basis. While establishment of such operations can be accomplished lawfully and effectively, the road has many pitfalls. Two recent cases coming out of different federal appeals courts illustrate
The U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has issued updated guidance on its recently released final rules regarding the employment of veterans and individuals with disabilities. Both rules go into effect on March 24, 2014.
AGC’s 2013 HR Construction HR & Training Professionals Conference wrapped up Oct. 17 after two days of education, sharing of best practices and networking in Chicago, Ill. The conference continues to be a must-attend event for HR and training professionals in the construction industry.
Recently, AGC hosted a webinar on the Office of Federal Contract Compliance Program’s (OFCCP) New Disability and Veterans Rules: What They Mean for Federal Construction Contractors. The new rules, which go into effect on March 24, 2014, update the affirmative action requirements for direct federal contractors with regard to veterans and individuals with disabilities. The webinar recording
In response to a request for comments from the U.S. Internal Revenue Service (IRS), AGC submitted comments regarding the proposed employer reporting requirements under the Affordable Care Act (ACA) – also known as the health care reform law. The reporting requirements will be used to verify the individual and employer mandates. The concerns of AGC’s