Canada: Alberta Employer Liable For Employee’s Negligent Driving Of Company Vehicle – Even Though Employer Told Him Not To Drive It

Alberta employers should heed a recent appeal decision in which an employer was held liable for damage caused by an employee while driving a company vehicle – even though he was told not to drive it.

The employee worked for a roofing company. He was working on a residential roof. The employer gave him access to a company truck and trailer which were parked at the site, but only to access supplies and to keep […]

By | October 3rd, 2014 ||

United States: PBGC Intends To Monitor Lump-Sum And Annuity Cashouts Under Defined Benefit Plans

The Pension Benefit Guaranty Corporation (PBGC) stated in a filing published in the Federal Register on September 23, 2014, that it intends to require that plan sponsors report to the PBGC “certain undertakings” to cashout or annuitize benefits for specified groups of employees under defined benefit pension plans.  PBGC intends to make this reporting part of the 2015 PBGC premium filing procedures.

Recently, many defined benefit pension plan sponsors have been implementing lump-sum distribution windows, primarily […]

By | October 3rd, 2014 ||

United States: New Relationships With Your Business' Managers, Administrators And Professionals? The Labor Department's Forthcoming Overtime Regulations

Some time this autumn, the US Department of Labor’s Wage and Hour Administration will send a draft proposed regulation to the Office of Management and Budget’s Office of Information and Regulatory Affairs (OIRA). This regulation, if it is finalized, will make important changes to the rules governing whether executive, administrative and professional employees must receive time and one-half their regular hourly rate of pay for hours worked in excess of forty in a week […]

By | October 3rd, 2014 ||