Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can we include our companys contributions for long- and short-term disability in our fringe benefit calculation for Davis-Bacon?

0
Posted

Can we include our companys contributions for long- and short-term disability in our fringe benefit calculation for Davis-Bacon?

0

An employer may not take credit toward its Davis-Bacon fringe benefit obligations for payments or contributions that are required by Federal, State or local law. For instance, if the short term disability is the benefit mandated by the New York Disability Benefits Law, then the employer may not take credit for its payments or contributions in relation to that benefit. On the other hand, if either the long term disability or the short term disability you mention is not legally mandated, then the employer may take credit for its payments or contributions in relation to that benefit. Question: When calculating fringe benefits for the WAP ARRA program, how do we account for our retirement benefit, which has a three year vesting schedule? Employees begin accruing the retirement on the first day of employment but they would not be entitled to the benefit unless they were employed at the agency for a three year period. Answer: You must first confirm whether your pension plan satisfies the cri

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123