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February 06, 2012
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Wills & Trusts News

 

Labor Department Issues First-Ever Regulations Protecting The Reemployment Rights Of America’s Soldiers

WASHINGTON—The U.S. Department of Labor announced regulations, to be published Monday, Dec. 19 in the Federal Register, interpreting the law that protects employment and reemployment rights and benefits of service members upon their return to civilian life. This is the first time since its passage in 1994 that the Department of Labor has developed regulations to explain and clarify the Uniformed Services Employment and Reemployment Act (USERRA). The department’s action is the latest in a series of proactive steps taken to ensure job security for the largest group of mobilized National Guard and Reserve service members since World War II. USERRA prohibits discrimination against past and present members of the uniformed services and establishes reemployment rights for service members who want to return to the jobs they held prior to service.

“Our citizen soldiers put themselves in harm’s way to defend our freedoms, and now it’s our turn to be there for them,” said Secretary of Labor Elaine L. Chao. “These regulations provide comprehensive guidance on USERRA, which works to preserve the seniority, promotion, health care, pension and other benefits of our citizen soldiers when they return home to the jobs they left to serve our country.” Since Sept. 11, 2001, almost 530,000 citizen soldiers have been mobilized, and more than 390,000 of these National Guard and Reserve members have been demobilized.

The new regulations, drafted in an easy-to-read, question-and-answer format, explain how USERRA protects against discrimination and retaliation because of military service; prevents service members from suffering disadvantages due to performance of their military obligations, and affords them ample time to report back to jobs following completion of their service obligations. The department is also announcing publication of the final version of the notice it provides employers for use in informing employees of their rights, benefits and obligations under USERRA. The notice, downloadable posters containing the notice, and the new regulations can be accessed at www.dol.gov/vets.

 

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Today's Terms

Capital market

Definition:
The market in which corporate equity and longer-term debt securities (those maturing in more than one year) are issued and traded.

Over-the-counter

Definition:
Figurative term for the means of trading securities that are not listed on an organized stock exchange such as the New York Stock Exchange. Over-the-counter trading is done by broker-dealers who communicate by telephone and computer networks.

Bull market

Definition:
A market in which there is a continuous rise in stock prices.

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Pennsylvania Wills & Trusts Attorney

 
If you live in the following cities and need a Wills & Trusts Attorney you should contact our Wills & Trusts Attorneys as soon as possible:

  • Aliquippa
  • Allentown
  • Bensalem
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  • Carlisle
  • Chambersburg
  • Chester
  • Coatesville
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  • Hanover
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  • Hazleton
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  • Warminster
  • Washington
  • West Chester
  • Wilkes Barre
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  • York
 


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