Provides Online Tool to Help Workers Determine Eligibility
Provides Online Tool to Help Workers Determine Eligibility
The COVID-19 crisis portends a new and troubling outlook for union construction contractors participating in multiemployer pension plans.
Two recent immigration policy changes highlight the need for Congress to enact permanent immigration reform. First, on June 18, the Supreme Court ruled that recipients under the Deferred Action for Childhood Arrival (DACA) can continue to legally work in the country. The decision was the result of recent Trump Administration actions that attempted to roll back the 2012 DACA program. While the decision allows an estimated 80,000 DACA recipients working in the construction industry to continue to do so, the decision presents an opportunity for the Trump administration to continue pursuing an end to the program. It remains important for Congress to extend permanent protections to 鈥淒reamers鈥 and ensure that the construction industry has availability to a legal workforce.
After 11:59 pm on Tuesday, June 30, the Small Business Administration (SBA) will no longer accept applications for Paycheck Protection Program (PPP) loans. As of June 20, there was approximately $128 billion remaining in funding for the program; any contractors interested in applying must have their applications in by the end of the day on Tuesday.
After testifying before the Senate Small Business Committee that information about Paycheck Protection Program (PPP) loans would remain 鈥渃onfidential,鈥 Secretary of the Treasury Steven Mnuchin announced on Friday, June 19, that loan information for recipients of PPP loans in excess of $150,000 would be publicly disclosed. To address concerns from businesses about disclosing payroll data, the Small Business Administration (SBA) and Treasury said loan information鈥攊ncluding business names, addresses, NAICS codes, zip codes, business types, demographic data, non-profit information, and jobs supported鈥攚ould be released in a range, rather than specific loan amounts.
Whether your workplace has remained open throughout the COVID-19 pandemic, is just reopening now, or will do so sometime later this year, employers should be prepared for the possibility that some employees may refuse to work due to COVID-related safety concerns.
A federal district court on May 30 invalidated portions of a rule issued by the present National Labor Relations Board to modify the prior Administration鈥檚 regulation (often referred to as the 鈥渜uickie鈥 or 鈥渁mbush鈥 election rule) on union representation-case procedures. The Board swiftly responded by announcing that it would implement the remaining portions of the 澳门六合彩开奖预测-supported rule as of May 31.
Viral Tests for Active Cases Still Allowed
澳门六合彩开奖预测 and other contractor associations seeking multiemployer pension reform jointly released a new study on June 1 finding that composite retirement plans would have fared better during the coronavirus pandemic and related market declines than traditional defined-benefit multi-employer plans, allowing participants to receive higher benefits and attracting more employer participants. The study makes it clear that employees and employers stand to benefit once Congress authorizes the use of composite plans.