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Complying With The American Rescue Plan: What Employers Must Do Now

About This Course:
In March 2021, President Joe Biden signed the American Rescue Plan Act of 2021 (ARPA) into law. One of the main components to the ARPA that employers should be aware of is the extension of the federal tax credit for employers that choose to continue providing leave (and receiving federal reimbursement) under the Families First Coronavirus Response Act (FFCRA) until September 30, 2021.

Under the new law, COBRA subsidy provisions have created immediate new compliance obligations for employers. In particular, ARPA includes a 100% COBRA premium subsidy for periods of coverage between April 1 and September 30 of this year. New notices must be created to explain these rights to affected individuals.

On top of that, employers and administrators must try to locate individuals who were involuntarily terminated in the past to advise them of their new COBRA rights, as such individuals may be still eligible for subsidized COBRA.

Additionally, under ARPA, employee leave limits have been reset to 80 hours for paid sick leave on April 1, 2021. Employers that voluntarily allow employees to take such additional paid sick leave or paid family leave can still receive a tax credit for any additional leave taken as of April 1, 2021.

And finally, paid sick leave and/or paid family leave is available to employees that need to take time off to get the vaccine, or take time off if he or she experiences complications as a result of receiving the vaccine.

There is a lot to unpack under this new law, but fortunately our seasoned legal expert is here to help you make sense of it all.What You'll Learn:At the conclusion of this program, participants will be able to:
  • Identify when a termination of employment triggers the COBRA subsidy, determine who must be notified, and claim any tax credits available to cover COBRA premium costs, coordinate with insurers and COBRA administrators on eligibility and premiums
  • Identify FFCRA obligations and opportunities
  • Understand vaccine leave obligations
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