Effective November 16, 2022, non-governmental health care entities must offer eligible employees continued employment for at least four months following a change in control without any reduction in their wages and benefits – including paid time off, health care, retirement, and education benefits in accordance with Senate Bill No. 315 (the Law). Change in control includes sales, transfers, assignments, mergers, and reorganizations and is deemed to “occur on the date of execution of the document effectuating the change.”
Recent Updates
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- The Second Circuit Joins Fellow Circuits in Extending Limitations on Mandatory Arbitration Agreements
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- New DOL Guidance Reiterates Key Priorities for MHPAEA Enforcement - Takeaways for Plan Sponsors
- Shh! Press the Button: New York State DOL Proposes Silent Response Button Rules for Retail Workplace Violence Prevention