On March 10, the final version of the American Rescue Plan Act of 2021 was approved by Congress, with most of the employer provisions from the original proposal unchanged.
COBRA Continuation Coverage
Program available through 09/31/21
Modification to the Paycheck Protection Program
Benefit remains at $300/week through September 6, 2021
Extension of Pandemic Emergency Unemployment Compensation
Employer Credits for Paid Sick and Family Leave
Extends to September 30, 2021,
Employee Retention Credit
Extends the employee retention credit through December 31, 2021.
Veteran Rapid Retraining Assistance Program
Extension of Federal Pandemic Unemployment Assistance
For further information, contact Pinnacle’s HR Department at (210) 344-2088.