BenefitsWire

“Employers must designate and clearly communicate the accrual year to each employee. If no accrual year is defined, it defaults to the calendar year. Any changes to the accrual year must be: Hours Worked and Eligibility Eligibility: An employee is eligible for ESST based on a “good faith” determinationof whether an employee is anticipated to perform work for at least eighty hours per year in Minnesota. “Good faith” means the employer, at a minimum, evaluated the employee’s anticipated work schedule and location of hours in a way that is not knowingly false or in reckless disregard of the truth.” MORE >>

Source: Ogletree Deakins

“In the News Felicia Watson says even without a federal heat standard, employers are responsible for workplace safety under OSHA’s general duty clause. Business Insurance View Learn how we can help you confidently address your unique workplace legal challenges.” MORE >>

Source: Littler

The FDA is seeking public input on proposed recommendations for reauthorizing the Medical Device User Fee Amendments (MDUFA) for fiscal years 2028-2032. This process impacts user fees for device application reviews. MORE >>

Source: Federal Register

“The Securities and Exchange Commission on Thursday proposed a rule that would make electronic delivery the default for most required investor communications, replacing a decades-old system that generally requires paper delivery unless investors affirmatively opt into electronic communications. The proposed Regulation E-Delivery, announced today, would permit issuers, broker/dealers, investment advisers and other regulated entities to satisfy federal securities law delivery requirements by electronically providing required documents, while preserving investors’ ability to continue receiving paper copies upon request. The proposal would cover a broad range of disclosures, including mutual fund” MORE >>

Source: PLANADVISER

“Total Run Time: 2:02 Total Run Time: 1:58 Narrated by: Published: The U.S. spends more on health care than other large, wealthy countries. Concerns about rising costs aren’t new, yet somehow we keep paying the bill.” MORE >>

Source: KFF

“On June 18, 2026, the U.S. Department of Labor (DOL) published Technical Release 2026-02, confirming that Trump Accounts generally will not constitute "employee pension benefit plans" and not be subject to Title I of the Employee Retirement Income Security Act (ERISA). Provided specific conditions are met, the guidance also permits a safe harbor for employer contributions to Trump Accounts if the minor beneficiary is an employee. As a result, Trump Accounts will not be subject to the same reporting obligations and fiduciary duties applicable to ERISA-governed plans.” MORE >>

Source: mondaq.com

“By: Brett Hickey, Star Mountain Capital Exposure to software and large-cap technology across both public and private markets is creating outsized portfolio risk, and the lower middle-market may offer a compelling solution through greater diversification and enhanced return potential.” MORE >>

Source: NCPERS

“The Internal Revenue Service recently released Notice 2026-40, providing transitional guidance on how qualified opportunity zone (QOZ) incentives made permanent through the One Big Beautiful Bill Act (OBBBA) will affect pre-existing QOZ designations made under the Tax Cut and Jobs Act (TCJA) and pre-existing investments made under the original TCJA regime. The QOZ rules originally required recognition of gains by December 31, 2026, and the initial QOZ designations expire on December 31, 2028. New designations will be in effect starting January 1, 2027, and will end on December 31, 2036, with new zones being designated every 10 years.” MORE >>

Source: Faegre Drinker

“In May, 2026, the Departments released "Federal Independent Dispute Resolution Operations; Final Rules (PDF)," to improve the functioning of the Federal IDR process by streamlining communication between payers, providers, and certified IDR entities and clarifying timelines and processes. ... Providers, facilities and air ambulance providers will be required to meet deadlines, attest to no conflicts of interest, choose a certified IDR entity, submit a payment offer and provide additional information if needed.” MORE >>

Source: cms.gov

“In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.” MORE >>

Source: IRS