United States | Publication | July 2022
The US Occupational Safety and Health Administration (“OSHA”) published a proposed rulemaking on June 29, 2022, to approve a new occupational safety and health plan for Massachusetts state and municipal employers and workers. Public comments and requests for a hearing must be submitted by August 1, 2022. Submit comments online at the federal eRulemaking portal.
Under the Occupational Safety and Health Act, state and local government entities are excluded from federal OSHA coverage. However, the Act permits a state to assume occupational safety and health responsibility under the state’s own plan, which must be approved by OSHA. A state may obtain federal approval if its OSHA plan is at least as effective as the federal program.
The Massachusetts plan would cover approximately 6,500 public sector employers and their 434,000 employees. Private sector and federal government workers in Massachusetts remain under federal OSHA’s jurisdiction.
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On 18 September 2024, the Taskforce on Nature-related Financial Disclosures (TNFD) published its final Recommendations for nature-related risk management and disclosure. These provide companies and financial institutions of all sizes with a risk management and disclosure framework to identify, assess, manage and, where appropriate, disclose nature-related issues.
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There are three main categories of pension provision in the UK: state pension provision, personal pension schemes and occupational pension schemes. The type of pension scheme that can raise issues for lenders is the “occupational pension scheme”.
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