Washington Post Editors Call Multiemployer Pension Reform the “Public Policy Problem from Hell”
The Washington Post editorial board penned an op-ed last Thursday, which referred to multiemployer pension plans as the “public policy problem from hell.” The editors noted that the federal government considers about 1/10th of the nation’s 1,400 multiemployer pension plans to be “at-risk” with liabilities around $52.6 billion as of 2018.
Read MoreJudge Requires Employers to Provide EEOC with Pay Data by September 30
Last Thursday, a federal judge for the U.S. District Court for the District of Columbia ruled that more than 60,000 employers will have to turn over worker pay data to the Equal Employment Opportunity Commission (EEOC) by September 30.
Read MoreSWACCA Members Meet With IUPAT Leadership
On Thursday, April 25th, SWACCA members were graciously invited to the IUPAT’s International Training Center for a business meeting and a tour of the facilities. IUPAT General President, Ken Rigmaiden, met with SWACCA members and addressed many issues of common interest for SWACCA and the IUPAT.
Read MoreDOL Issues Proposed Rule Revising “Regular Rate” Requirements
The U.S. Department of Labor (DOL) has issued a proposed rule revising “regular rate” requirements employers must follow under section 7(e) of the Fair Labor Standards Act (FLSA).
Read MoreDOL’s Overtime Rule to be Published in the Federal Register
Today, the U.S. Department of Labor published in the Federal Register its recently announced notice of proposed rulemaking on overtime. The proposed regulations increase the salary threshold below which workers must be paid overtime—regardless of their job duties—from $455 a week ($23,660 per year) to $679 per week ($35,308 per year).
Read MoreConstruction Industry Tax Fraud Costs Taxpayers $2.6 Billion Annually
A new estimate from Smart Cities Prevail finds that 1.2 million construction workers are paid off the books each year. Another 300,000 are misclassified as independent contractors when they are really employees. These unlawful practices cost state and federal taxpayers at least $2.6 billion annually in lost federal income and employment taxes, and state income taxes.
SWACCA strongly supports efforts to curb employee misclassification and off-the-books payment schemes in the construction industry. These fraudulent practices create an unlevel playing field for legitimate employers at the expense of United States taxpayers.
Read MoreSWACCA Focuses House of Representatives on the Need to Authorize Composite Plans as Part of any Solution for the Multiemployer Pension Crisis
SWACCA’s efforts to authorize composite plans continued at today’s House Education and Labor Subcommittee on Health, Education, Labor and Pensions hearing entitled: “The Cost of Inaction: Why Congress Must Address the Multiemployer Pension Crisis”. This hearing was intended to illustrate why Congress must act quickly to save the multiemployer pension system. SWACCA urged members and witnesses at the hearing to raise composite plans as part of any solution to the crisis facing the multiemployer system. Three members of Congress and a witness from the U.S. Chamber of Congress raised the issue at today’s hearing.
Read MoreOSHA Form 300A Reporting Deadline Coming March 2
March 2 is the deadline for electronically reporting your OSHA Form 300A data for calendar year 2018. Collection will begin January 2, 2019.
Read MoreSWACCA Submits Joint Letter in Support of Multiemployer Pension Reform
SWACCA has submitted a letter, along with the Associated General Contractors (AGC) and the other members of the Construction Employers of America (CEA) coalition, to the Committee on Ways and Means of the U.S. House of Representatives in support of urgent action to protect and strengthen the security of multiemployer pension plans.
Read MoreIRS Issues 2019 Mileage Reimbursement Rates
On Tuesday, the Internal Revenue Service issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Read MoreSWACCA Files Comments on NLRB’s Proposed Joint Employer Rule
SWACCA has filed comments on the National Labor Relations Board’s (the Board) proposed rule to establish a new standard for the determination of joint employer status under the National Labor Relations Act (the Act). SWACCA opposes the proposed rule on the basis that it would induce unscrupulous construction contractors to use labor brokers and other schemes to avoid their obligations under the Act.
Read More