News & Analysis as of

Direct Deposit

Marshall Dennehey

Availability of Direct Deposit for Supersedeas Fund Reimbursement

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The Bureau of Workers’ Compensation is now offering direct deposit (electronic transfer) of Supersedeas Fund Reimbursement checks. To use this option, you must be a registered Commonwealth of Pennsylvania vendor....more

Marshall Dennehey

Pennsylvania Bureau of Workers' Compensation Payment Authorization Form

Marshall Dennehey on

On October 29, 2024, Pennsylvania Governor Josh Shapiro signed into law Senate Bill 1232, which amended the Pennsylvania Workers’ Compensation Act to require that employers and insurers offer claimants the option to receive...more

Goldberg Segalla

Pennsylvania Department of Labor & Industry Bureau of Workers’ Compensation has created the Direct Deposit Payment Authorization...

Goldberg Segalla on

Following the signing of Senate Bill 1232 amending the Pennsylvania Workers’ Compensation Act to require that employers and insurers offer claimants the option to receive their Workers’ Compensation payments by way of direct...more

Goldberg Segalla

Pennsylvania Governor Signs Bill Requiring Direct-Deposit Option on Workers’ Comp Payments

Goldberg Segalla on

Gov. Josh Shapiro on Oct. 29 signed Senate Bill 1232, amending the Pennsylvania Workers’ Compensation Act to require that employers and insurers offer claimants the option to receive their Workers’ Compensation payments by...more

Chartwell Law

New Pennsylvania Senate Bill Allows Injured Workers to Receive Benefits Via Direct Deposit

Chartwell Law on

Have you heard? Last Tuesday, Governor Shapiro signed Senate Bill 1232 into law. This bill, introduced by Senator Pennycuick, took a long and winding path before finally being signed. Senate Bill 1232 mirrors House Bill 760...more

Weber Gallagher Simpson Stapleton Fires &...

Understanding Senate Bill 1232: Streamlining Workers’ Comp Wage Payments with Direct Deposit in Pennsylvania

In an effort to streamline payment of Pennsylvania workers’ compensation wage loss benefits, Governor Shapiro signed Senate Bill 1232 into law on October 29, 2024. Senate Bill 1232 amends Section 308 of the Pennsylvania...more

Mintz - Employment Viewpoints

Minimum Wage Increases and Ontario Employment Shake-up: What Employers Need to Know

Ontario’s Bill 149, Working for Workers Four Act, 2024, received royal assent on March 21 2024, bringing in new changes to Ontario’s employment landscape. Below are some of the key developments that businesses with employees...more

DailyPay, Inc.

Earned Wage Access & the American Overdraft Fee Crisis

DailyPay, Inc. on

You know we have a serious economic justice problem in this country when the poorest Americans are paying $8 billion in overdraft fees in $35 increments to the nation’s largest banks. But that’s exactly what happened in 2020...more

Woods Rogers

Direct Deposits of Child Tax Credits are Exempt from Creditor Process

Woods Rogers on

Banks are reminded that child tax credit payments made by direct deposit are exempt from creditor process. In particular, the Virginia law (Code §34-28.3) provides an exemption for any “emergency relief payment” made in...more

Littler

Maine Legislative Update: Back to Work Incentives, Ban the Box, Tip Minimum, and Other Developments Affecting Employers

Littler on

The First Special Session of the 130th Maine Legislature ended on July 19, 2021 with a flurry of votes on pending bills. Many of the newly-enacted laws, which were adopted with little debate, will significantly impact almost...more

Porter Hedges LLP

Cyber Alert: Business Email Compromise Schemes Increasing

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We’ve all heard the sad story: A transaction is about to close. The buyer is preparing to wire funds to the seller. Unbeknownst to the buyer, a hacker has hijacked the parties’ email communications to replace the wiring...more

Womble Bond Dickinson

NY Payroll Card Challenge Slated for Oral Argument This Week

Womble Bond Dickinson on

Those who don’t eat, sleep, and breathe developments in payroll card law (and what an empty life that must be) would be forgiven if they lost track of what’s going on in New York. The New York Department of Labor (NYDOL)...more

Hinshaw & Culbertson LLP

Defeating Direct Deposit Phishing Attacks

Risk Management Question - What steps can lawyers and law firms take to guard against phishing attacks that try to re-route direct deposit paychecks to a scammer's bank account?...more

Rosenberg Martin Greenberg LLP

In re: Titus – Fraudulent Conveyance Law Defeats Exemption Rights

Many states, including Maryland and Pennsylvania, recognize the common law form of ownership of property as “tenants by the entireties” for both real and personal property, including bank accounts. Under that form of...more

Pullman & Comley - Labor, Employment and...

Latest Developments from the Connecticut General Assembly: February 14th Public Hearing

On Thursday, February 14, 2019, the General Assembly’s Labor and Public Employees Committee will conduct a public hearing on the following proposed bills...more

Womble Bond Dickinson

New York Court Decision Makes It Even Harder to Pay Your Employees

Womble Bond Dickinson on

A state court has added a new twist to the long and tortured history of payroll card regulation in New York. Employers who pay workers in the state via payroll cards, along with the banks and program managers that administer...more

Dickinson Wright

Direct Deposit of Income Tax Refunds

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If you have yet to file your 2017 income tax returns, you should consider a direct deposit of any refunds due. Direct deposit eliminates the risk that a paper check will be stolen or lost. Taxpayers should have refunds...more

Vedder Price

Pay Day Lending: Here Come the Banks!

Vedder Price on

In a recent interview, Comptroller of the Currency Joseph Otting, announced the OCC’s plan to “clarify” its support of bank-offered deposit advance products. “Deposit advance products” are typically defined as small-dollar,...more

Farrell Fritz, P.C.

Wage and Hour Pitfalls Part 1: What You Need To Know

Farrell Fritz, P.C. on

1. Employers Must Pay “Manual Workers” Weekly. In New York, employers are required to pay manual workers weekly. A “manual worker” includes “a mechanic, workingman or laborer” or individuals who spend more than 25% of...more

Proskauer - Law and the Workplace

New York Regulations on Wage Payment Methods Declared Invalid

As we previously reported, on September 7, 2016, the New York State Department of Labor (“NYSDOL”) published final regulations on the methods by which employees must be paid, including with respect to direct deposit of wages...more

Davis Wright Tremaine LLP

NY Regulations on Wage Payment by Direct Deposit / Payroll Debit Cards Have Been Invalidated

The New York State Industrial Board of Appeals (the “IBA” or the “Board”) invalidated regulations scheduled to take effect on March 7, 2017, that would have enhanced the notice and authorization requirements for employers...more

Mintz

Update: DOL Regulation for Employers Who Use Direct Deposit and Payroll Debit Cards Invalidated

Mintz on

On February 16, 2017, the New York State Industrial Board of Appeals invalidated and revoked the NYS Department of Labor regulations governing payment of wages by direct deposit or payroll debit card. The regulations were...more

Sheppard Mullin Richter & Hampton LLP

*UPDATE* New York State Department of Labor’s Direct Deposit and Debit Card Notice Regulations Held Invalid and Revoked

As we previously reported here, the New York State Department of Labor (“NYSDOL”) issued final regulations in September 2016 imposing new notice and consent requirements on employers who pay wages via direct deposit and debit...more

Epstein Becker & Green

REVOKED: New York Appeals Board Invalidates Payroll Debit Card and Direct Deposit Regulations

Epstein Becker & Green on

On February 16, 2017, the New York State Industrial Board of Appeals (“Board”) revoked the payroll debit card and direct deposit regulations (“Regulations”) that were adopted by the New York State Department of Labor...more

Seyfarth Shaw LLP

New York Industrial Board of Appeals Rescinds Payroll Debit Card and Direct Deposit Regulations

Seyfarth Shaw LLP on

Seyfarth Synopsis: Regulations that would have restricted New York employers’ ability to pay employees via payroll debit cards have been struck down by an administrative review tribunal within the State Department of Labor....more

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