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DOL Further Delay of Effective Date of Final Rule on Computation of Prevailing Wage Levels

May 16, 2021 | DOL PERM

The Department of Labor has further delayed until November 14, 2022, the effective date of the final rule on computation of prevailing wage levels which was published at 86 FR 3608 on 1/14/21. The corresponding transition dates are delayed until January 1, 2023, January 1, 2024, January 1, 2025, and January 1, 2026, respectively. We will provide further updates as they become available.

Should you have any further questions relating to this posting, please contact us at Younossi Law.

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    An appeal testing the limits of ERISA fiduciary liability goes before the Third Circuit in July when DuPont and Corteva seek to overturn a district court ruling that a corporate spinoff damaged employees' retirement benefits. The court will also hear argument on whether heavy equipment giant Caterpillar forced a competitor out of business by pressuring a […]

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