Employee Benefits

Need to Know: DOL Cybersecurity Guidance

November 9, 2021

Cyber-attacks are on the rise. As you’re aware, plan sponsors, administrators, and service providers maintain electronic information that can be extremely vulnerable to cyber-attacks, including personally identifiable information (PII), participant enrollment data, and of course, electronically protected health information (EPHI). Responsible plan fiduciaries must safeguard against cybersecurity risks, but not

How Selecting the Right Audit Professionals Can Save You Millions

November 9, 2021

With the current administration aiming to significantly boost the Department of Labor’s (DOL’s) funding for 2022 and over the next 10 years, more DOL audits could be on the horizon for employers. The Employee Benefits Security Administration (EBSA), a DOL agency, is responsible for ensuring the security and integrity of

Grants, Free Resources and Other Support to Stand Up to Cyber Attacks on Schools

August 23, 2023

Cybercriminals beware! As we gear up for back to school season, the White House, Federal agencies, companies, and local administrators and educators are teaming up to shore up plans, resources, and protocols to help school districts across the U.S. stand up to cybercrime. A lack of resources and infrastructure have

Lunch Money: What’s the Latest on Free Meals in New York Schools?

July 21, 2023

Last updated on July 24th, 2023In May, when the New York State Education Department Office of Child Nutrition hosted a webinar reviewing how schools and districts could take advantage of a 2023-2024 Executive Budget enhancement to help the state move closer to realizing universal free meals at all K-12 public

Will Three-Year Bachelor’s Degrees Catch on in the U.S.?

June 23, 2023

Has the time arrived for three-year bachelor’s degrees to become the status quo in the U.S.? About 50 years ago, the idea was raised. Other than a short reprisal in the early 2000s, the three-year-degree concept never gained much momentum, until recently. In April of this year, InsideHigherEd.com reported, “Representatives

Testing a Four-Day School Week

May 26, 2023

Last updated on May 30th, 2023School districts in certain parts of the country have adopted a four-day school week, primarily in response to staffing shortages and recruiting challenges. In some instances, local districts that were losing teachers and other staff to those offering the four-day school week had no choice

Are You Ready for GASB 96, 94, 100 and 101?

April 26, 2023

It’s a big year for new and updated GASB standards, which translates into new and updated reporting requirements for government entities, including public school districts and institutions of higher education. GASB96 took effect for fiscal years beginning after June 15, 2022, so it will start to be reflected in financial

ESSER Update: Where Things Stand & Where They’re Going

March 30, 2023

With school district budget planning and presentation season underway, no doubt Elementary and Secondary School Emergency Relief (ESSER) funds and spending will be part of the discussion. Between ESSER I, II and III, a total of $189.5 billion in Federal funding was provided starting in 2020. Here’s a look at

How Your School Can Use Federal Funds to Go Green

March 1, 2023

Thanks to the Inflation Reduction Act (IRA), there is more federal funding available – in the form of grants and tax credits – to help schools go green and save. Is your district making the most of this opportunity? IRA funding is meant to help schools create healthy, sustainable learning

NYS Regents 10 Biggest Proposed Budget Items for 2023-2024

February 2, 2023

Last updated on February 6th, 2023In December, the New York State Board of Regents outlined budget and legislative priorities for the 2023-2024 school year. Here are highlights of the 10 items requiring the biggest share of the proposed budget. #10. $10.5 million for College and Career Pathways in support of

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