Various benefit and compensation legislative provisions — including some potentially significant changes — are under active discussion in Congress. Some versions of these could be included in infrastructure, budget reconciliation, government funding, debt ceiling or other legislation that Congress will debate — and in some cases, must finalize — in the coming weeks.
Some of the more significant preliminary provisions currently being considered are summarized below. In some cases, competing versions are being put forward, and the final provisions included in legislation, if any, may differ.
The proposals under consideration range from fairly minor reforms to what would be landmark reforms (e.g., the introduction of paid parental leave in the U.S.). Prospects for the various measures are naturally just as wide ranging. As it’s not clear at this point what form the final benefit-related provisions may take, employers should monitor the progress of the proposed changes.
