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San Francisco Amends Health Care Security Ordinance

San Francisco has amended its Health Care Security Ordinance which requires employers in San Francisco to pay the health care expenses of employees through contributions to health reimbursement accounts. The amendment extends the time period from one year to two years for which contributions to health reimbursement accounts must be available for use by employees. As a result, effective January 1, 2012, any unused funds in these health reimbursement accounts as of December 31, 2011 will be available for use by employees through December 31, 2012. A copy of the amended law is available here.

The lawyers of our Employee Benefits and Executive Compensation Practice Group are readily able to assist companies on a nationwide basis with implementing sophisticated benefit plans and providing answers to their most challenging compensation issues. Additionally, our lawyers are well aware of the daily employee benefits challenges facing companies of all sizes and are capable of helping in-house lawyers and human resources personnel with the day-to-day advice and guidance necessary to properly administer employee benefits plans.

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