Link to Full Alert.
On Feb. 12, 2014, the IRS published final regulations for the employer shared responsibility rules. The regulations provide guidance on how large employers should identify full-time employees for the purposes of offering health plan coverage to avoid paying a pay-or-play penalty.
I encourage you to invest the time to read our Legislative Alert, "Pay or Play Penalty - Identifying Full-Time Employees," to better understand and communicate:
- Who is a full-time employee?
- Who is a variable-hour employee?
- Who is a seasonal employee?
- What are the IRS measurement methods that employers can utilize?
- What are the new rehire rules?
- What transition relief rules are available?
