Insights

Summer is winding down but on the COVID-19 front, the challenges abound for bankers.

As businesses in Ohio continue to reopen, employers are concerned about potential liability if their employees or customers contract COVID-19 in their workplace or business.

Across the country, numerous class and collective actions have been filed against food delivery companies, especially pizza restaurants, by drivers claiming they are not paid enough for delivery-related expenses.

The clock has starting ticking for defined contribution plans to begin to provide a “lifetime income disclosure” on at least one benefit statement a year.

On August 8, 2020, President Trump issued a memorandum directing the Treasury Department to enable employers to defer withholding and payment of employees’ share of social security taxes.

The DOL expanded the option for electronic delivery of retirement plan notices and documents.

In line with the Supreme Court’s recent holding in Bostock that Title VII prohibits discrimination on the basis of sexual orientation and transgendered status, the Fourth Circuit ruled Wednesday that policies segregating transgender students from their peers are unconstitutional and violate federal law prohibiting sex discrimination in education.

This is the second part of our three-part series reviewing ERISA cases decided this term by the U.S. Supreme Court.

The IRS released proposed regulations on June 11, 2020 regarding the excise taxes imposed under Code Section 4960.

On August 8, 2020, President Trump issued a memorandum directing the Secretary of Treasury to expand a tax deferral opportunity to the employee’s share of the social security tax and to further explore turning the employee deferral into a waiver. We believe a waiver would require legislative action.

In response to the COVID-19 pandemic, Congress enacted the Families First Coronavirus Response Act (FFCRA).

On August 3, 2020, President Trump signed an Executive Order instructing the Secretaries of Labor and Homeland Security to take action to ensure all H-1B employers comply with labor condition and wage requirements. 

Section 1557 of the ACA prohibits discrimination on the basis of race, color, national origin, sex, age, or disability by health programs and activities funded or administered by HHS. On June 12, 2020, the U.S. Department of Health and Human Services (HHS) announced a 2020 Rule (2020 Rule) on Section 1557 of the Affordable Care Act (ACA).

Beginning on Thursday, July 23, 2020, at 6:00 p.m., a statewide mask mandate will go into effect for those living in all 88 Ohio counties. 

Earlier this month, the Supreme Court issued its opinion in the case of Thole v. U.S. Bank, holding that participants in defined benefit pension plans do not have standing to bring breaches of fiduciary duty claims under ERISA unless and until their own benefit has actually been impacted. 

On June 16, 2020, Governor Mike DeWine signed Executive Order 2020-24D, which provides several circumstances that will now constitute “good cause” for refusing suitable work during the pandemic. 

On June 22, 2020, President Trump signed a Presidential Proclamation suspending the entry of certain nonimmigrant visa holders from June 24, 2020 to December 31, 2020.

Sweeping changes to the Ohio Workers’ Compensation Act were made when Am. Sub. H.B. 81 was signed into law by Governor Mike DeWine on June 16, 2020.

The Department of Homeland Security (DHS) announced on June 16, 2020 that it will extend the previously announced policy to defer the physical presence requirements associated with the Employment Eligibility Verification process (Form I-9) to July 19, 2020. 

On June 15, 2020, the United States Supreme Court held for the first time that Title VII prohibits discrimination on the basis of sexual orientation and transgendered status.