Isaiah 52:7 (ASV) How beautiful upon the mountains are the feet of him that bringeth good tidings, that publisheth peace, that bringeth good tidings of good, that publisheth salvation, that saith unto Zion, Thy God reigneth!eshayah 52:7 (OJB) How beautiful upon the mountains are the feet of the Mevaser (bringer of Good Tidings, the Evangelist), that publisheth shalom; that bringeth good tidings of tov, that publisheth Yeshuah (Salvation); that saith unto Tziyon, Thy G-d reigneth!
Overview. The Department of Labor (DOL) has proposed a change to the definition of fiduciary under the Employee Retirement Income Security Act (ERISA) that would expand the scope of those who become fiduciaries.n April 14, 2015, the DOL announced a re-proposal of the rule, which is now followed by a period for public comment. In May, the DOL granted a 15 day extension to the original 75 day comment period, resulting in a total of 90 days for public comment.
Since President Obama first directed the U.S. Department of Labor (DOL) to update the Fair Labor Standards Act (FLSA) regulations in 2014, we have been waiting to see what DOL would do and when it would do it. Finally, on May 17, 2016, DOL issued its final regulations. They will go into effect on December 1, 2016. Under the new regulations, any employee who is paid less than $47,476 per year will be entitled to overtime pay. This change will have a major impact on your overtime pay obligations. You should review your current policies and procedures now to prepare for timely compliance, and to limit the cost impact of the new regulations.