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Puerto Rico - INSIDER highlights

All of us at Watson Wyatt Puerto Rico offer our most heartfelt sympathies to the families, friends and colleagues affected by the events of September 11. We understand the challenges presented by these unique circumstances for management and HR organizations, and we are committed to doing whatever is necessary to help our clients through this difficult time.

Subsequent to those events, the U.S. Department of Defense (DOD) has been authorized to mobilize as many as 50,000 military reservists, raising many questions on the employment status and benefits of employees called to service. The Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA) governs the reemployment, health care, pension and other benefit rights of such employees.

Generally, USERRA:
  • Prohibits employment discrimination against employees who take leave for military service and guarantees reemployment when leave is over

  • Provides up to 18 months of continuing health care coverage for employees who are called away for military duty and their families

  • Allows employees to make up "missed" contributions to defined contribution plans, and requires employers to make up "missed" matching contributions

See our USERRA Alert for more information.

Feel free to call or email us if you have any questions on this month's "Insider".


Sincerely,

 
Douglas H. Hachenburg, SPHR   Andrew M. MacDonald, FSA, MAAA
Consultant   Consulting Actuary