EMPLOYMENT REMINDERS FOR 2016
The new year brings several important changes to New York City
and State employment laws. In this alert, we will analyze New
York City's new requirement that most private employers will
now have to offer pre-tax transit benefits, the Caregiver
Discrimination Bill passed by New York City Council and the status
of minimum wage in New York and New Jersey.
NEW YORK CITY'S AFFORDABLE TRANSIT ACT WENT INTO EFFECT
JANUARY 1, 2016
Effective January 1, 2016, under New
York City's Affordable Transit Act (the "Act"), Intro 295-A, most private employers with 20 or
more full-time employees in New York City are required to offer its
full-time employees the opportunity to use pre-tax earnings to
purchase certain transportation fringe benefits that are qualified
under the Internal Revenue Service (other than qualified
parking). Such transportation fringe benefits include: MTA
subway and bus, Long Island Railroad, New Jersey Transit,