Today’s Headlines Archive

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For some, leaving workforce continues years after retiring

Chattanooga Times Free Press (Tennessee)... April 3, 2016 Sunday
BOULDER, Colo. -- The transition from employment to retirement used to be marked by a date on a calendar, along with some sheet cake, and a maybe a gold watch. Those days are long gone for most workers in the United States.Today, the journey toward...

Cyberattack highlights health care vulnerabilities

Telegram & Gazette (Massachusetts)... March 31, 2016 Thursday
A cyberattack that paralyzed the hospital chain MedStar this week is serving as a fresh reminder of vulnerabilities that exist in systems that protect sensitive patient information.That attack came a month after a Los Angeles hospital paid hackers...

Supreme Court hits deadlock on unions; The 4-4 vote could augur more stalemates after the death of Justice Scalia

The Tampa Tribune (Florida)... March 30, 2016 Wednesday
A well-planned legal assault on public unions collapsed Tuesday when the Supreme Court deadlocked over a California woman's lawsuit to strike down mandatory fees, the strongest evidence yet that Justice Antonin Scalia's death has stymied the court's...

United States: Second Circuit Court Holds HR Director Is Individually The Employer

Mondaq Business Briefing... March 30, 2016 Wednesday
In an opinion last week, the Second Circuit ruled that a company's human resources (HR) director could be held individually liable for Family and Medical Leave Act violations.The Court said that the HR director had enough control over an employee's...

United States: Gobeille v. Liberty Mutual: The Dog That Didn't Bark, And The Next Front In The Preemption War

Mondaq Business Briefing... March 30, 2016 Wednesday
Recently, we reported on Gobeille v. Liberty Mutual, in which the Supreme Court invalidated the Vermont all-payer claims data base law. Applying what appeared to us as a straight-forward application of existing ERISA preemption jurisprudence, the...

Maxing Out Your Tax-Deductible IRA

Creators Syndicate... March 30, 2016 Wednesday
Dear Carrie, How much can a person who is 55 invest yearly in an IRA that is tax-deductible? A ReaderDear Reader, It seems like such a simple question. But the answer is anything but, thanks to the complex web of rules and regulations surrounding...

High court asks for more briefs in fight over ACA contraceptives; U.S. SUPREME COURT

Dayton Daily News (Ohio)... March 30, 2016 Wednesday
WASHINGTON - The U.S. Supreme Court on Tuesday called for additional briefs in a clash over contraceptives and the Affordable Care Act, issuing an unusual order that suggests at least one justice may be eyeing a possible compromise.clash over...

United States: Beware Of The CEO Email Request Phishing Scam: A Different Form Of March Madness

Mondaq Business Briefing... March 29, 2016 Tuesday
Not only is it "March Madness" time, it is also prime tax return filing time. That means that the email scammers are out in full force as well.

Obama initiative to fight prescription drug abuse Opioids targeted after rapid rise in overdose deaths

Spokesman Review (Spokane, WA)... March 29, 2016 Tuesday
Fast fact President Barack Obama's 2017 budget proposal calls for $1.1 billion in new federal money to combat the growing abuse of heroin and prescription painkillers in the United States.

United States: Don't Neglect Your Business Associate Agreements!

Mondaq Business Briefing... March 29, 2016 Tuesday
As we have repeatedly emphasized on this blog, HIPAA Covered Entities must ensure that they have compliant business associate agreements ("BAAs") in place with all of their business associates and must ensure that they have performed a...

Workers, firms differ on $15 minimum wage; It could juice the economy or freeze hiring, some argue

USA TODAY... March 29, 2016 Tuesday
A plan to increase California's minimum wage to $15 an hour by 2022 has opened the biggest fault lines yet between advocates of higher pay and critics who say it kills jobs and raises prices for consumers.Proponents say the bold move will provide a...

Many Retirees Face April 1 Deadline to Take Required Retirement Plan Distributions

Targeted News Service... March 28, 2016 Monday 10:01 PM EST
The U.S. Department of the Treasury's Internal Revenue Service issued the following news release:The Internal Revenue Service today reminded taxpayers who turned 70 1/2 during 2015 that in most cases they must start receiving required minimum...

Medical, dental and help repaying student loans; Your Money

International New York Times... March 29, 2016 Tuesday
FULL TEXTEvery month, Amanda Danner and her husband make what feels like a mortgage payment. But they don't yet own a home.Instead, they collectively pay nearly $2,000 simply to service their student debts. Their next-largest monthly expense is the...

4 Ways to tell whether you are financially ready for retirement

USA TODAY... March 28, 2016 Monday
Do you have enough money to retire? That's not an easy question to answer, but there are some ways to tell if you're on track. Experts like to use the following methods to determine if you have enough to fund your desired lifestyle.1. Crunch the...

Rising pay, less picky employers boost labor

USA TODAY... March 28, 2016 Monday
Hundreds of thousands of Americans are streaming back to an improving labor market as employers raise wages and hire less-skilled job candidates to cope with a rising worker shortage.improving labor market as employers raise wages and hire...

Caring for children, aging parents puts squeeze on workers ; The so-called 'sandwich generation' phenomenon ensnares many adults - particularly women - and profoundly affects their time and finances.

Portland Press Herald (Maine)... March 27, 2016 Sunday
A whole generation of working adults are caring for children and elderly parents at the same time while trying to maintain a career. It's known as the "sandwich generation," and many of its members live in Maine.SarahJoy Chaples' mother was...

Businesses’ ACA costs rising in ’16

Knoxville News-Sentinel (Tennessee)... March 27, 2016 Sunday
Government mandates put businesses in the place of drivers filling their cars with gas when oil prices are climbing: When the cost hits a critical mass they have to make decisions on where to spend and where to cut.

American Workers Getting Restless Over Current Mix of Wages and Benefits

Targeted News Service... March 24, 2016 Thursday 2:05 AM EST
Employee Benefit Research Institute issued the following news release:Although most American workers are satisfied with the health insurance benefits they have now, there is a long-term trend toward wanting more cash and fewer benefits, according to...

United States: ACA Reporting: IRS Deadline Of March 31 Looms For Applicable Large Employers

Mondaq Business Briefing... March 23, 2016 Wednesday
Nicole Elliott is a Partner in Holland & Knight's Washington D.C. officeHIGHLIGHTS: The Affordable Care Act (ACA) imposes new reporting requirements on applicable large employers, generally those employers with 50 or more full-time or full-time...

Research Reveals the Driving Force behind American Employees and Their Career Choices; Cornerstone OnDemand survey finds employees are motivated by more than money and will make significant sacrifices in search of career satisfaction

Business Wire... March 23, 2016 Wednesday 1:30 PM GMT
While a competitive salary, company perks and an exceptional office culture may seem enticing to the American workforce, a new study shows there are more important factors motivating employees to make critical career decisions. A recent Cornerstone...

Supreme Court divided over 'Little Sisters' case; Deadlock likely in clash pitting religious liberty, birth control

USA TODAY... March 24, 2016 Thursday
An epic legal clash between religious liberty and reproductive rights left the Supreme Court deeply divided Wednesday, raising the likelihood that the justices will deadlock over a challenge by religious non-profits to the federal government's...

United States: California's New Rest Period Requirements for Piece-Rate Workers

Mondaq Business Briefing... March 23, 2016 Wednesday
California law requires that employers authorize and permit their employees to take rest periods based on the total hours worked in a day. Employers must authorize and permit 10 minutes net rest time for every four hours worked or major fractions of...

Five Common Social Security Myths

Creators Syndicate... March 23, 2016 Wednesday
I probably could write a column called "The Top 100 Social Security Myths." But that would fill up half of the website you are looking at or the newspaper you are reading, and the editors won't let me do that. So I'll limit myself to five.Four of...

Trade apprenticeships making a comeback; Employers struggling to fill jobs turn to time-tested strategies

USA TODAY... March 23, 2016 Wednesday
A couple of years ago, Kevin Joyner's life was a maelstrom of poor grades, school fights and a troubled home environment in a distressed neighborhood.Today, the 20-year-old is back in school as a computer support apprentice, and his days are a...

Just 21% confident they can retire comfortably; But there are several ways to improve your outlook, experts say

USA TODAY... March 23, 2016 Wednesday
Most Americans are not very confident they'll have enough money to live comfortably throughout their retirement. In fact, just one in five (21%) workers are "very confident," according to the Employee Benefit Research Institute's just-published...

The Lowdown on 401(k) Loans

Creators Syndicate... March 23, 2016 Wednesday
Dear Carrie: Is there a limit to the number of times you can borrow from your 401(k)? A ReaderDear Reader: During difficult economic times, borrowing from your 401(k) can seem like a great idea. After all, it's your money and you are, in effect,...

Survey: Consumers Report Reasonable Healthcare Costs, But Increasing Burdens Over Time

US Official News... March 22, 2016 Tuesday
Washington: The Association of Credit and Collection Professionals has issued the following news release: Consumers in the U.S. are overall satisfied with their healthcare and its expense since the Affordable Care Act took effect, but some say...

Texas: Pension Plan Sponsors Beware: The Department of Labor Is Investigating Plans That Fail to Locate and Pay Benefits to Terminated Vested Participants

US Official News... March 22, 2016 Tuesday
Austin: JD Supra Business Advisor, The State of Texas has issued the following news release: A Department of Labor (“DOL”) official recently disclosed a new DOL investigation initiative focusing on the adequacy of defined benefit...

United States: Can We Match Our Employees' Pretax HSA Contributions?

Mondaq Business Briefing... March 21, 2016 Monday
Question: Under our company's cafeteria plan, qualifying participants can make pretax salary reduction contributions to their Health Savings Accounts (HSAs). Can our company make matching contributions based on a percentage of participants' pretax...

Making wellness work

Sarasota Herald Tribune (Florida)... March 21, 2016 Monday
New public-private program pushes health as good businessFor a year, Sherie Bowytz had been living in a fog.The 55-year-old auto appraiser with Lakewood Ranch-based FCCI Insurance said that devastating news about a family member had sent her into a...

It's About The People: 80% Of Employees Would Choose Jobs Based On Personal Connections Formed During The Interview

Market News Publishing... March 22, 2016 Tuesday 3:56 PM PST
MATTERSIGHT CORP ("MATR-Q") - It's About The People: 80% Of Employees Would Choose Jobs Based - On Personal Connections Formed During The InterviewIn order to recruit and retain the best talent in an increasingly candidate-driven job market,...

Ogletree Deakins: FAQs on the Spokane, Washington Paid Sick and Safe Leave Law 21 March 2016

News Bites - Private Companies... March 22, 2016 Tuesday
[click http://www.ogletreedeakins.com/shared-content/content/blog/2016/march/faqs-on-the-spokane-washington-paid-sick-and-safe-leave-law]On January 25, 2016, the Spokane City Council overturned the Spokane mayor's veto and passed Ordinance C-35300,...

It pays to be smart about your 401(k) when changing jobs

USA TODAY... March 21, 2016 Monday
In 2016, the U.S. labor market remains strong across many measures. That includes the number of employees voluntarily leaving their current jobs in pursuit of greener pastures.According to December data from the Bureau of Labor Statistics, the rate...

Appeals Court Rules Advocate Health Care Network Is Not a Church Plan Exempt from ERISA Laws

Legal Monitor Worldwide... March 19, 2016 Saturday
(GlobeNewswire) - A federal appeals court has ruled that a pension plan established by Illinois-based Advocate Health Care Network does not qualify as a church plan exempt from the Employee Retirement Income Security Act (ERISA), the federal pension...

United States: Wisconsin Supreme Court Weighs In On The Compensability Of Pre-And Post-Shift Work

Mondaq Business Briefing... March 18, 2016 Friday
The Wisconsin Supreme Court recently helped clarify the circumstances under which pre- and post-shift donning and doffing constitutes compensable work under Wisconsin's minimum wage and overtime laws.1 The decision, which involved production workers...

United States: A Hard Rain's A-Gonna Fall: Pay Equity Disputes Ready To Explode

Mondaq Business Briefing... March 18, 2016 Friday
In deference to Bob Dylan, while you may not need a weatherman to know which way the wind blows, employers quite often rely on employment lawyers to help them recognize an approaching legal storm and how best to prepare for it. Today, this...

STUDY: HEALTH CARE COSTS HARD TO SHRINK

Wisconsin State Journal (Madison, Wisconsin)... March 20, 2016 Sunday
A new study throws cold water on the popular idea that consumers can save themselves and the health care system loads of money if they become savvier shoppers for health care services.

Retirement dilemma: I've saved, retired -- Now what?

Chattanooga Times Free Press (Tennessee)... March 20, 2016 Sunday
Congratulations! You made it to retirement. Now you can relax and enjoy life. No more punching a time clock. No more senseless meetings where everyone is multi-tasking and not paying a bit of attention to you. Your hard-earned retirement income is...

Nearly Half of Employees Used Company Stock to Help with Personal Finances and Increase Financial Well-Being, Fidelity Study Shows

Business Wire... March 17, 2016 Thursday 12:53 PM GMT
Employees who participate in their company's Employee Stock Purchase Program (ESPP) may have more confidence and control over their financial well-being, according to research by Fidelity Investments ®. Analyzing the behaviors of more than...

Doctors receiving pharmaceutical payments make higher brand-name prescriptions

Stock Watch... March 17, 2016 Thursday 6:30 AM EST
A new analysis by ProPublica claimed that doctors who receive payments from pharmaceutical and medical device makers were more likely to be inclined towards drug brands in their prescription of drugs. On the contrary, those medical practitioners who...

More Than 1 In 4 Employers are Hiring Employees with Master's Degrees for Positions that had Been Primarily Held by Those with Four-Year Degrees in the Past, According to New CareerBuilder Survey; Most of the stricter educational requirements are for middle-skill jobs

PR Newswire... March 17, 2016 Thursday 12:03 AM EST
 Time to hit the books again? According to a new CareerBuilder survey, nearly a third (32 percent) of employers have increased their educational requirements over the past five years. More than a quarter (27 percent) are hiring employees with...

Survey: Consumers Across Age Groups Lack Retirement Savings

US Official News... March 16, 2016 Wednesday
Washington: The Association of Credit and Collection Professionals has issued the following news release: A majority of consumers are lacking retirement savings and those in younger generations are less likely than their older counterparts to...

United States: Your Employee Handbook: It May Be Time For A Tune-up

Mondaq Business Briefing... March 16, 2016 Wednesday
An employee handbook acts as a clear channel of procedural communication between management and staff. As certain situations arise, knowing the rules can prevent surprise, confusion and resentment on both sides of the table.Regardless of your...

United States: Social Security Loophole Closing - Changes May Impact Your Benefits

Mondaq Business Briefing... March 16, 2016 Wednesday
We all are aware of the importance of the April 15 tax deadline; however, for those turning age 66 this year, April 30 may be a more significant date. Why? Glad you asked.The Bipartisan Budget Act of 2015 (the Act) signed into law by President Obama...

PayScale: Sabbaticals Are Good for Workers and Employers 15 March 2016

News Bites - Private Companies... March 17, 2016 Thursday
[click http://www.payscale.com/career-news/2016/03/sabbaticals-are-good-for-workers-and-employers]If you're like most Americans, three things are probably true for you. First, you desperately need a break from your job. You're tired and stressed,...

EWyatt Consulting, LLC: 3 consumer changes coming to Obamacare 16 March 2016

News Bites - Private Companies... March 17, 2016 Thursday
[click http://www.govhealthit.com/news/3-consumer-changes-coming-obamacare] Health insurance isn't simple. Neither are government regulations. Put the two together and things can get confusing fast.So it's not surprising that federal regulators took...

To increase group exercise, Penn study suggests rewarding the individual and the team

US Official News... March 15, 2016 Tuesday
Washington: American Association for the Advancement of Science has issued the following news release: Financial incentives aimed at increasing physical activity among teams are most effective when the incentives are rewarded for a combination...

Ogletree Deakins: DOL Delivers Final Overtime Regulation Revisions to OIRA Ahead of Schedule 15 March 2016

News Bites - Private Companies... March 16, 2016 Wednesday
[click http://www.ogletreedeakins.com/shared-content/content/blog/2016/march/dol-delivers-final-overtime-regulation-revisions-to-oira-ahead-of-schedule]The U.S. Department of Labor's (DOL) Wage and Hour Division just delivered its proposed final...

Lincoln Financial Group Uncovers Sharp Rise in Instinctive Decision-Making Among Today's Retirement Plan Participants; Study highlights the attitudes that pose a threat to retirement security and those that help lead to savings success

Business Wire... March 15, 2016 Tuesday 1:00 PM GMT
According to Lincoln Financial Group's 2015 Retirement Power® Participant Engagement Study, there has been a dramatic uptick in the number of participants who follow their instincts when it comes to saving within their employer-sponsored...

Centers to treat eating disorders raise concerns; Quality and variety of programs come under scrutiny as facilities grow

International New York Times... March 16, 2016 Wednesday
FULL TEXTTheir websites show peaceful scenes - young women relaxing by the ocean or caring for horses in emerald pastures - and boast of their chefs and other amenities.One center sends out invitations to a reception with cocktails and hors...

In Midst Of National Discussion Around Retirement Savings Rollovers, The American College Releases New Research Examining The Real Behavior Of Consumers Facing This Critical Decision

PR Newswire... March 14, 2016 Monday 9:00 AM EST
As the national dialogue around retirement plan rollovers and the proposed Department of Labor rules continues, The Center for Retirement Income at The American College of Financial Services today released the findings of a comprehensive new survey...

HOW HIPAA APPLIES TO CERTAIN WORKPLACE WELLNESS PROGRAMS

States News Service... March 14, 2016 Monday
The following information was released by the Department of Health and Human Services:By: Jocelyn Samuels, Director, Office for Civil RightsSummary:HIPAA applies to certain workplace wellness programs. Learn about a few important facts to help you...

United States: Nationwide the Health Insurance Marketplaces signed up 4.9 million new people during the third Open Enrollment period

Thai News Service... March 15, 2016 Tuesday
According to a final enrollment report released today, Health Insurance Marketplaces nationwide signed up 4.9 million new customers for 2016 coverage during the third Open Enrollment period. In total, 12.7 million people signed up or automatically...

United States: Time Is Money: Study Reveals That U.S. Physicians Spend $15 Billion Yearly On Providing Data To Insurance Companies

Mondaq Business Briefing... March 14, 2016 Monday
A recent Weill Cornell Medicine study is breathing new life into the expression, "time is money." The study, which was published in the March issue of Health Affairs, reveals that physician practices in the United States in four specialties -...

Financial burden of cancer can harm quality of life

Reuters Health Medical News... March 14, 2016 Monday 1:27 PM GMT
Almost a third of U.S. cancer survivors face financial burdens, and physical and mental health tends to be worse for those who do, according to a new study.There are more than 14 million cancer survivors in the U.S., the authors wrote in a paper...

Worcester eyes pension-asset shift to state

Sunday Telegram (Massachusetts)... March 13, 2016 Sunday
Concerns have been raised about the state of Worcester’s public employee pension fund, prompting at least one city councilor to broach the idea of whether the retirement system’s assets should be transferred to the state.Now,...

What to do if you lost your W-2

Knoxville News-Sentinel (Tennessee)... March 13, 2016 Sunday
As the 2016 tax deadline gets closer, many taxpayers are scrambling to find all the documents they need to file. So, what would you do if you realized that, among all of your files, you’ve either misplaced or have not yet received your W-2...

States, feds, medical allies seek limits on painkillers

Spokesman Review (Spokane, WA)... March 13, 2016 Sunday
As medical director for the Washington state workers' compensation program in 2001, Dr. Gary Franklin made a chilling discovery: Otherwise healthy workers who took painkillers for minor injuries were ending up dead a few years later.for the...

New Research: Despite Increased Employer Contributions, Multiemployer Pension Plans' Unfunded Liabilities Continue to Grow

India Insurance News... March 10, 2016 Thursday 6:30 AM EST
March 10 -- New research released today by the Society of Actuaries (SOA) found that despite an aggregate increase in employer contributions across the multiemployer pension plan (MEPP) system of 31 percent from 2009-2013, the unfunded liabilities...

Sleep Deprivation Affects Majority of Workers, According to New CareerBuilder Survey; - Nearly 3 in 5 workers feel they don't get enough sleep

PR Newswire... March 10, 2016 Thursday 5:00 AM EST
 For many people, daylight savings time is less about "spring forward" and more about falling behind... their sleep schedule. And many of us can't afford to lose out on any more sleep. According to a new survey from CareerBuilder, over half of...

Survey Finds Physicians Are Cautiously Optimistic That New Payment Models Will Improve Quality of Care; Many Physicians See Better Care Coordination as Key to Managing Costs

Business Wire... March 10, 2016 Thursday 1:30 PM GMT
As the health care industry develops new payment and delivery models to improve efficiency and help control costs, a new report1 from Fidelity Investments and the National Business Group on Health® (NBGH) reveals that physicians are cautiously...

United States: The Next Frontier Of Title VII - EEOC Files Its First Sexual Orientation Discrimination Cases

Mondaq Business Briefing... March 10, 2016 Thursday
This week, the U.S. Equal Employment Opportunity Commission filed its first lawsuits alleging sexual orientation discrimination under Title VII against employers in Pennsylvania and Maryland. In both cases, the EEOC seeks compensatory and punitive...

United States: Congress Looks To Improve Retirement Savings Plans

Mondaq Business Briefing... March 10, 2016 Thursday
Both Congress and the White House want to increase access, coverage and participation in retirement savings plans. A recent study indicates that a majority of American households may not be able to maintain their standard of living after retirement...

Employers Redefining Employee Costs for Spousal Health Care Coverage; Surcharges for Spousal Coverage Expected to More Than Double by 2018

GlobeNewswire... March 9, 2016 Wednesday 6:05 AM PT
ARLINGTON, Va., March 09, 2016 (GLOBE NEWSWIRE) -- According to a survey of U.S. employers by Willis Towers Watson (NASDAQ:WLTW) more than half (56%) of employers have increased employee contributions to health care coverage for spouses, with...

Gov. Peter Shumlin Signs Paid Sick Days Bill into Law

Targeted News Service... March 9, 2016 Wednesday 3:10 AM EST
Gov. Peter Shumlin, D-Vt., issued the following news release:Joined by Vermont businesses, legislative leaders, and others, Gov. Peter Shumlin today made Vermont the fifth state in America to guarantee paid sick days to its citizens by signing into...

New Study Shows GenXers' Confidence in a Secure Retirement Lagging

Targeted News Service... March 8, 2016 Tuesday 4:58 AM EST
The Insured Retirement Institute issued the following news release:The Insured Retirement Institute (IRI) today released a new report that found only 24 percent of GenXers are highly confident they will have enough money to support themselves...

United States: Ch-Ch-Ch-Changes At The EEOC

Mondaq Business Briefing... March 9, 2016 Wednesday
Agency Revises Discrimination Charge PracticesStarting January 1, 2016, the Equal Employment Opportunity Commission (EEOC) implemented significant changes to its case-handling process. As a result, all employers who draft and submit position...

China: China Employment Law Alert: Greater Marriage And Parental Leave Benefits For Qualified Couples In Shanghai

Mondaq Business Briefing... March 9, 2016 Wednesday
A policy shift has been taking place in China: governments are encouraging increased procreation by Chinese couples, and the "One-Child Policy" is being replaced by incentives that encourage citizens to marry earlier and have more children....

Thinking of Taking an Early 401(k) Withdrawal? Consider the Ultimate Cost.

Creators Syndicate... March 9, 2016 Wednesday
Dear Carrie: If you're younger than 59,and a half, is it possible to withdraw money from your 401(k) without having to pay it back? A ReaderDear Reader: The balance in your 401(k) can be a tempting source of cash when times are tough and you have...

Affordable Care Act Impact On Taxes Still Perplexes Majority

Market News Publishing... March 8, 2016 Tuesday 1:43 AM PST
H &R BLOCK INC ("HRB-N") - Affordable Care Act Impact On Taxes Still Perplexes MajorityAt the halfway point in tax season 2016, H&R Block, the world's largest consumer tax services provider, is seeing a majority of its clients (60 percent)...

Milliman analysis: Funded status deficit increases by $35 billion in February, has ballooned by $68 billion so far in 2016; Funded ratio falls below 80% for the first time in the last 12 months

PR Newswire... March 8, 2016 Tuesday 12:01 PM EST
 Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Pension Funding Index, which analyzes the 100 largest U.S. corporate pension plans. In February, these pension plans experienced a $35...

United States: Ninth Circuit Tips Against Tip-Pooling Policies

Mondaq Business Briefing... March 8, 2016 Tuesday
In a surprising decision that may require many restaurants and other hospitality businesses in the Western U.S. to alter their labor practices, the 9th Circuit Court of Appeals upheld a 2011 U.S. Department of Labor (USDOL) rule that prohibits...

United States: The Cadillac Tax: Driving Firms to Change Their Plans?

Thai News Service... March 9, 2016 Wednesday
By Jason Bram, Nicole Dussault and Maxim PinkovskiySince the 1940s, employers that provide health insurance for their employees can deduct the cost as a business expense, but the government does not treat the value of that coverage as taxable...

Pay rising faster for those who've kept jobs; 2015 saw a big jump, but employers keep overall bill low with low-wage replacements for retirees

USA TODAY... March 8, 2016 Tuesday
Wages aren't growing so slowly, after all.A study by the Federal Reserve Bank of San Francisco found growth in the median weekly pay of workers continuously employed in full-time jobs picked up sharply in 2015 to more than 3% on an annual basis.in...

Disabling Perceptions: Americans Hold Conflicting Opinions About Disability In The Workplace, Sports

Plus Company Updates(PCU)... March 7, 2016 Monday
Roseland, New Jersey: Automatic Data Processing, Inc has issued the following news release: HARTFORD, Conn.--The Hartford, a leading group disability insurance provider, released new research that shows a gap between what Americans say about...

United States: Get The Basics On Two Federal Bills Affecting Employee Benefits

Mondaq Business Briefing... March 7, 2016 Monday
Recently, two bills with confusingly similar names were introduced in Congress. They are both worth mentioning regardless of whether or not they are ultimately enacted in their current form.The SAVE Benefits ActOn November 5, Senator Elizabeth...

United States: Protecting Patient Data From Hacker Ransom Demands

Mondaq Business Briefing... March 7, 2016 Monday
Forty bitcoins later (approximately $17,000), Hollywood Presbyterian Hospital can now access its electronic medical health records and return to treating its patients as scheduled. But as hackers develop new tools to access information, an...

-Xerox - Employers Invest in Technology to Promote Employee Wellbeing Though Measuring Effectiveness Proves Challenging

ENP Newswire... March 7, 2016 Monday
New research by Xerox Human Resources Services in conjunction with the National Business Group on Health demonstrates employers' willingness to invest in emerging technologies aimed at improving employee wellbeing despite challenges measuring impact...

HMOs are making comeback despite stigma, restrictions; INSURANCE INDUSTRY

Dayton Daily News (Ohio)... March 7, 2016 Monday
Blue Cross and Blue Shield of Illinois has teamed with Advocate Health to offer a new HMO, BlueCare Direct, that is the least expensive offered by Blue Cross on the state exchange.An HMO by any other name is still an HMO.Once emblematic of...

United States: HR's Work Is Never Done: New California FEHA Regulations Require Revision Of Anti-Harassment Policies

Mondaq Business Briefing... March 4, 2016 Friday
On April 1, 2016, new regulations from California's Fair Employment and Housing Council will go in effect. These new regulations state that "[e]mployers have an affirmative duty to create a workplace environment that is free from employment...

Costco hikes entry-level wages for first time since 2007

Chicago Sun-Times... March 4, 2016 Friday
NEW YORK - Costco is raising entry-level wages for its hourly workers for the first time since 2007, as the warehouse club operator fights to compete in a tighter labor market. The company told investors in an earnings call Thursday that it will...

Health plans to be rated on number of providers; Out-of-pocket cost caps will increase next year.; HEALTH CARE

Dayton Daily News (Ohio)... March 7, 2016 Monday
WASHINGTON - The Obama administration, responding to consumer complaints, said it would begin rating health insurance plans based on how many doctors and hospitals they include in their networks.At the same time, the maximum out-of-pocket costs for...

A plan to help the city's pension woes: buyouts

The Philadelphia Inquirer... March 7, 2016 Monday
City Controller Alan Butkovitz thinks he has a solution for Philadelphia's staggeringly underfunded pension fund: buyouts. Butkovitz is proposing that the city offer up-front cash payments to retirees, who, if they took the option, would surrender...

Many Americans are Prioritizing Travel and Weight Loss over Growing their Nest Egg; New Study from Capital One Investing Finds Fewer Working Americans are Saving for Retirement Compared to 2015

PR Newswire... March 3, 2016 Thursday 7:00 AM EST
Nine in 10 working Americans believe they should be investing for retirement, but only three quarters (75 percent) are taking any action, with many prioritizing other goals, like weight loss and travel, over increasing their retirement savings,...

Sodexo's 2016 Workplace Trends Report Highlights Nine Tips For Improving Employee Engagement and Performance; Organizations must adopt a holistic and humanistic approach to successfully address employee's needs according to the report

PR Newswire... March 3, 2016 Thursday 3:00 PM EST
Sodexo, a leader in delivering sustainable, integrated facilities management and food service operations with over 130,000 employees across 9,000 client sites in North America,  has published its 5th Annual Workplace Trends Report for...

Share fitness data for an Apple Watch -- or cash

Chattanooga Times Free Press (Tennessee)... March 3, 2016 Thursday
By ANICK JESDANUNThe Associated PressNEW YORK -- You know you need to exercise more, but there's always next week, or the week after? To entice you to stop procrastinating, your company or insurer might soon reward you for wearing a fitness device...

United States: Montanile v. Board Of Trustees: A New Model For Recovery

Mondaq Business Briefing... March 3, 2016 Thursday
At times, money may be owed back to the benefit plan which paid benefits to or on behalf of a participant. For example, most health plans include a right to recover from a third party recovery amounts the plan paid. In the context of disability...

United States: DOL Issues Proposed Rule Implementing Paid Sick Leave For Federal Contractors

Mondaq Business Briefing... March 3, 2016 Thursday
On February 25, 2016, the U.S. Department of Labor (DOL) issued its long-awaited proposed rule1 to implement Executive Order 13706,2 which requires that covered federal government contractors provide employees with up to seven days of paid sick...

United States: ACA Reporting Update - The Final Stretch

Mondaq Business Briefing... March 3, 2016 Thursday
After months of preparation and multiple iterations of (sometimes conflicting) IRS guidance, health coverage providers and applicable large employers are nearing the end of the 2015 reporting season under the Affordable Care Act (ACA). By way of...

Ameriprise Study Asks: "How Will You Pay Yourself in Retirement?"; Findings show boomers who have worked with a financial advisor are more confident they will have enough money to last throughout retirement

Business Wire... March 2, 2016 Wednesday 12:00 PM GMT
For most people, the decision to retire comes with many considerations, primary among them, "How will I pay for my living expenses after I stop receiving a paycheck?" New research from Ameriprise Financial (NYSE: AMP) posed this question to baby...

Employers Expand Use of Voluntary Benefits; Personalized and Cost-Effective Benefit Programs Appeal to Both Employers and Their Multigenerational Workforces

GlobeNewswire... March 2, 2016 Wednesday 6:05 AM PT
ARLINGTON, Va., March 02, 2016 (GLOBE NEWSWIRE) -- Motivated by the need to meet the changing needs and lifestyles of an increasingly diverse workforce, 92% of U.S. employers believe voluntary benefits and services (VBS) will be important to their...

Hormel workers in Beloit win clothing case

Star Tribune (Minneapolis, MN)... March 2, 2016 Wednesday
The Wisconsin Supreme Court ruled Tuesday that Hormel Foods must pay the workers at its Beloit, Wis., canning plant back wages for the time they spent putting on and taking off required clothing and equipment.Hormel Foods must pay the workers at its...

Thousands still await MNsure tax forms

Star Tribune (Minneapolis, MN)... March 2, 2016 Wednesday
MNsure still hasn't sent more than 21,000 tax forms to people who bought coverage through the state's health insurance exchange last year.The forms were due Feb. 1, but MNsure officials said nearly two weeks ago that most were late because of delays...

Medicare Advantage ratings prove a boon to insurers, patients; Study shows plan bonuses are a pathway to success

USA TODAY... March 2, 2016 Wednesday
Vantage Health Plan executives saw an opportunity when they realized few of their female Medicare members were being screened for osteoporosis after they broke bones.The test to identify women at increased risk for fractures is one of 40 measures...

Women 80 Percent More Likely Than Men to Be Impoverished in Retirement; New NIRS Report Details Women's Financial Security Challenges, Offers Policy Recommendations to Close Retirement Gender Gap; Live Webcast of Findings at Retirement Policy Conference on Tuesday, March 1st

Business Wire... March 1, 2016 Tuesday 12:00 PM GMT
A new analysis finds that women are far more likely than men to face financial hardship in retirement. A report released today by the National Institute on Retirement Security ( NIRS ) finds that across all age groups, women have substantially less...

New Report Shows 90 Percent of Employers Taking Myriad Measures to Control Rising Health Care Costs; DirectPath and CEB's annual report outlines the top ten trends in employers' 2016 health care strategies

Business Wire... March 1, 2016 Tuesday 1:00 PM GMT
Despite the recent postponement of the Cadillac Tax to 2020, organizations are implementing plan design strategies and innovations at a rapid rate in order to control rising costs now, according to the 2016 Medical Plan Trends and Observations...

U.S. Employees: We Will be Worse Off Than Our Parents in Retirement; Willis Towers Watson Survey Reveals Financial Concerns Are Having a Negative Effect on Daily Lives, On-the-Job Productivity

GlobeNewswire... March 1, 2016 Tuesday 6:05 AM PT
ARLINGTON, Va., March 01, 2016 (GLOBE NEWSWIRE) -- Three in four U.S. employees (76%) believe they will be worse off in retirement than their parents, according to the 2015 Global Benefits Attitudes Survey by Willis Towers Watson (NASDAQ:WLTW), a...

Poll Finds Majority of Americans View Their Health Care Positively, While Many Still Report Problems With Costs, Quality and Access to Services

Targeted News Service... February 29, 2016 Monday 12:26 AM EST
The Robert Wood Johnson Foundation issued the following news release:An NPR / Robert Wood Johnson Foundation / Harvard T.H. Chan School of Public Health poll finds that although a majority of Americans are satisfied with the health care they...

Want the Job Done? Ask a Gen Xer; Korn Ferry Futurestep Survey Shows this Generation Cares Most about Making an Impact on the Business and are the Most Engaged in the Workforce

Business Wire... February 29, 2016 Monday 5:00 PM GMT
An executive survey released today by the Futurestep division of Korn Ferry (NYSE:KFY), the preeminent global people and organizational advisory firm, reveals the heads down, get-the-job-done attitudes and priorities of Gen X employees (born...

PayScale Research Reveals Successful Companies Embrace Modern Compensation Practices to Retain Their Best Employees; Cloud Software Company's Report Shows Top Performing Organizations Value Their People More, Discuss Compensation Openly and Pay People Based on Their Performance

Marketwired... February 29, 2016 Monday 3:00 AM GMT
Today, PayScale, Inc. -- the leader in cloud compensation -- released the 2016 Compensation Best Practices Report (CBPR). Based on data from nearly 7,600 survey respondents representing executives, line of business managers and human resource...

State tries to make health costs clearer; Doctors may have to provide up-front estimates to patients.

Dayton Daily News (Ohio)... March 1, 2016 Tuesday
It's common for Ohioans to have no idea of what they will owe out-of-pocket for a surgery or other medical procedure, even as they're about to go into an MRI or under the knife.

United States: Opening The Vault - The EEOC's New Position On Handing Over Position Statements To Charging Parties

Mondaq Business Briefing... February 29, 2016 Monday
With little fanfare, the EEOC quietly announced on February 18, 2016 its adoption of new "Nationwide Procedures for Releasing Respondent Position Statements and Obtaining Responses from Charging Parties." Importantly, the Nationwide Procedures...

Top retirement tips for the self-employed; You don't have to work at a big firm to get good benefits

USA TODAY... February 29, 2016 Monday
Americans running their own businesses wear many hats, acting as their own tech support, accountant and secretary, among other duties.As a result, it's easy for many to forget another key role they must play: that of retirement benefits...

Taking benefits at 66 means more money for this couple

Arizona Daily Star (Tucson)... February 28, 2016 Sunday
Q: My husband and I both will turn 66 in July. I have never worked outside the home, so I have no Social Security account. My husband, who always has been a high wage earner, wants to wait until he is 70 to take his Social Security benefits to get...

United States: Oregon's Minimum Wage Will Increase This July - And Each Year Thereafter For The Next Six Years

Mondaq Business Briefing... February 26, 2016 Friday
State Will Employ Three Different Regional Minimum WagesIn a first-of-its-kind development, the Oregon legislature passed and the Governor will sign into law a minimum wage hike law that will go into effect July 1, 2016. Under the new law, the rates...

Uncle Sam wants to help you get ready to retire

USA TODAY... February 26, 2016 Friday
Mindful that a lot of people are falling behind in financial matters -- or never really got started -- the federal government has been making efforts to get more Americans to Square One. Some examples:Improving low-fee checking accountsRecent...

NEW HIPAA GUIDANCE REITERATES PATIENTS' RIGHT TO ACCESS HEALTH INFORMATION AND CLARIFIES APPROPRIATE FEES FOR COPIES

States News Service... February 25, 2016 Thursday
The following information was released by the Department of Health and Human Services:Today's second set of FAQs addresses fees for copies of health information and the right to have health information sent directly to a third party.

United States: The ERISA Litigation Newsletter - February 2016

Mondaq Business Briefing... February 25, 2016 Thursday
Editor's OverviewThis month's article reviews a few non-ERISA cases before the U.S. Supreme Court, which may, depending on the breadth of the decisions, impact ERISA litigation. First, in Spokeo, Inc. v. Robins, the Court heard arguments on whether...

GAO Issues Report on Patient Protection, Affordable Care Act

Targeted News Service... February 25, 2016 Thursday 12:06 AM EST
WASHINGTON, Feb. 25 -- The Government Accountability Office has issued a report on fraud verification controls. The report (GAO-16-29) is titled "Patient Protection and Affordable Care Act: CMS Should Act to Strengthen Enrollment Controls and Manage...

United States: Groundbreaking Multi-Payer Alignment On Core Measures For Quality-Based Payments

Mondaq Business Briefing... February 25, 2016 Thursday
For too long, health industry stakeholders have bandied about massive amounts of information that could not be used in a comparative sense. Both public and private payers had their own proprietary reporting metrics, providers banged their heads...

New LIMRA Secure Retirement Institute Study Reveals Majority of Workers Save Only Enough to Equal Employer Match

India Insurance News... February 24, 2016 Wednesday 6:30 AM EST
Feb. 24 -- New research from LIMRA Secure Retirement Institute reveals that workers from for-profit and not-for-profit organizations will save only enough in their defined contribution (DC) plan to receive the full company match.

BlackRock Defined Contribution (DC) Pulse Survey: 401(k) Dilemma: Employers Are Concerned About Workers' Preparedness, But Perhaps Not Enough; A Call for Help: On the Pension Protection Act's 10th Anniversary, Employees Want More Planning Support from Employers

Business Wire... February 24, 2016 Wednesday 6:15 PM GMT
Companies are underestimating how much help their employees want with retirement planning, according to a new survey released by BlackRock (NYSE:BLK).Reflecting their own concern about the state of their preparation, employees say employers should...

Ogletree Deakins: Federal Contractors and Paid Sick Leave: The DOL Issues an NPRM 24 February 2016

News Bites - Private Companies... February 25, 2016 Thursday
[click http://www.buysellsignals.net/BuySellSignals/report/Unlisted/Stock/News/595394.html]The U.S. Department of Labor (DOL) has released its Notice of Proposed Rulemaking (NPRM) to implement Executive Order 13706, Establishing Paid Sick Leave for...

United States: DOL Says Final Rule Will Be Published In July 2016 And Be Effective Within 60 Days

Mondaq Business Briefing... February 23, 2016 Tuesday
During today's session of the 2016 American Bar Association's (ABA) Midwinter Meeting of the Federal Labor Standards Legislation Committee, the U.S. Department of Labor (DOL) Solicitor of Labor M. Patricia Smith announced that the DOL's Final Rule...

United States: Sticks, Not Carrots, May Work Best to Boost Employees' Health

Thai News Service... February 24, 2016 Wednesday
Financial penalties work better than cash rewards for motivating employees to meet physical activity goals in a workplace wellness program, a new study reports.Employees met a daily walking distance goal more often when every missed day meant money...

United States: High Court Helps Employers Avoid Frivolous 401(k) Stock-Drop Suits

Mondaq Business Briefing... February 23, 2016 Tuesday
Prior to 2014, most courts had recognized an unwritten presumption that favored having a company's 401(k) plan invest in the publicly traded stock of the employer. However, in mid-2014 the Supreme Court struck down that presumption. Recognizing that...

Washington: Less Than Half of U.S. Households Report Good Savings Progress, According to 2016 America Saves Week Survey

US Official News... February 23, 2016 Tuesday
Washington: Consumer Federation of America has issued the following news release: The ninth annual America Saves Week survey has found that only two-fifths (40%) of U.S. households report good or excellent progress in “meeting their...

Taking Benefits at 66 Means More Money for This Couple

Creators Syndicate... February 24, 2016 Wednesday
Q: My husband and I both will turn 66 in July. I have never worked outside the home, so I have no Social Security account. My husband, who always has been a high wage earner, wants to wait until he is 70 to take his Social Security benefits to get...

United States: The Zika Virus: Is It A Concern For U.S. Employers?

Mondaq Business Briefing... February 22, 2016 Monday
The Zika Virus, an illness transmitted primarily by mosquitoes and also, less frequently, through blood transfusions and sexual contact has certainly been in the news recently. The U.S. Centers for Disease Control (CDC) has issued travel warnings...

United States: Tap The Brakes: Cadillac Tax Delayed, But Challenges Remain

Mondaq Business Briefing... February 22, 2016 Monday
As 2015 was winding down, Congress pushed back the effective date of the "Cadillac tax" two years. The much-debated provision of the Affordable Care Act (ACA) will now take effect on January 1, 2020, instead of January 1, 2018.As originally...

United States: Can We Incentivize Employees With High Claims Costs To Opt Out?

Mondaq Business Briefing... February 22, 2016 Monday
Question: Our company offers coverage under a self-insured major medical plan to full-time employees. Can we offer cash incentives to those with a history of high claims costs to opt out of our plan and buy individual policies instead?

United States: Just Because You Say It, Doesn't Make It So

Mondaq Business Briefing... February 22, 2016 Monday
Many companies in the technology industry pay workers as "independent contractors" or "1099 workers." In theory, classifying individuals as independent contractors rather than employees can bestow significant economic benefits on a company. This...

Jackson Lewis: Vermont Governor to Sign Paid Sick Leave Bill 22 February 2016

News Bites - Private Companies... February 23, 2016 Tuesday
[click http://www.buysellsignals.net/BuySellSignals/report/Unlisted/Stock/News/592217.html]Under H. 187, passed by the Vermont Legislature on February 17, 2016, employers must provide employees in the Green Mountain State at least 24 hours (or three...

5 Ways to Boost a 401(k)

Valley News (White River Junction, Vermont)... February 21, 2016 Sunday
Since the advent of defined contribution plans 30 years ago, the responsibility of saving for retirement has fallen largely on employees' shoulders. Many employers are freezing or terminating costly pension plans in favor of 401(k)s and similar...

BIZ VOICE; Don't be pushing panic button on your 401(k)

The Atlanta Journal-Constitution... February 21, 2016 Sunday
A 401(k) is the largest investment account for most people, and the drop in stock prices since Jan. 1 has many nervous about their investments.We all work hard for our money, so that's natural. But be careful: by selling off stocks now and moving...

5 CONSIDERATIONS WHEN RETIREMENT PLANNING FOR 2

Dayton Daily News (Ohio)... February 21, 2016 Sunday
Here's a novel way to romance the one you love: Pull up two chairs at your kitchen table, pop a bottle of Champagne and start talking about retirement. What could be more romantic than planning for your future together? Here are five considerations...

The Cost of Low Employee Engagement Continues to Increase, According to New Research Released by Resource Development Systems

PR.com... February 22, 2016 Monday 6:30 AM EST
Macon, GA, February 22, 2016 --(PR.com)-- For well over 25 years, research and popular business literature has shared the value of people in an organization. Yet, even with this information, most organizations still struggle to engage their...

HEALTH INSURANCE: TOO LATE TO ENROLL FOR 2016?

US Fed News... February 19, 2016 Friday 6:54 PM EST
COLUMBIA, Mo., Feb. 19 -- The University of Missouri College of Food & Natural Resources issued the following news release:Open enrollment for buying coverage through the Affordable Care Act's health insurance marketplace ended Jan. 31. That...

Survey: Plan Sponsors Feel Dc Plans Are In Need Of A Major Re design

Market News Publishing... February 18, 2016 Thursday 7:50 AM PST
SEI INVESTMENTS CO ("SEIC-Q") - Survey: Plan Sponsors Feel Dc Plans Are In Need Of A Major Re-designResearch released by SEI found that the majority of U.S. defined contribution (DC) plan sponsors feel their employees will not retire at retirement...

Cutting health care costs, not passing them on; Nonprofit system in Utah aims to keep rate rises in line with consumer prices

International New York Times... February 19, 2016 Friday
FULL TEXTAs employees know all too well, health insurance companies have one surefire way to deal with costs: Ask their customers to pay more.Intermountain Healthcare, a nonprofit health system in Salt Lake City, is trying something virtually...

Sick-leave work group delays findings

Star Tribune (Minneapolis, MN)... February 18, 2016 Thursday
The work group drawing up a citywide sick-leave policy for Minneapolis will take longer than expected to bring a recommendation to the City Council.The 19-member Workplace Partnership Group has been meeting since December to weigh the city's options...

Measure to track doctors approved

Knoxville News-Sentinel (Tennessee)... February 18, 2016 Thursday
WASHINGTON — The federal government and the insurance industry released on Tuesday an initial set of measures of physician performance that they hope will reduce the glut of conflicting metrics doctors now must report.

New Poll: Lack of Access to Savings Tools Threatens Millennials' Retirement Prospects

Targeted News Service... February 17, 2016 Wednesday 7:24 PM EST
The Young Invincibles issued the following news release:In part thanks to the Great Recession, more Millennials are finding work in industries that offer lower wages and fewer benefits. But we know less about how this is affecting Millennials...

Research Shows Inflexible Employers Risk Losing Top Talent

Market News Publishing... February 17, 2016 Wednesday 6:31 AM PST
KELLY SERVICES INC ("KELYA,KELYB-Q") - Research Shows Inflexible Employers Risk Losing Top TalentEmployers who fail to recognize that workers have priorities outside of the workplace do so at their own risk, research from Kelly ServicesA(R) finds....

Four in 10 American Workers Lack Paid Sick Days

Targeted News Service... February 17, 2016 Wednesday 10:03 PM EST
The Institute for Women's Policy Research issued the following news release:New analysis by the Institute for Women's Policy Research (IWPR) finds that four in ten workers in the United States lack access to paid sick days, and among those who do...

Obamacare enrollment falls short of expectations

USA TODAY... February 17, 2016 Wednesday
The number of people who signed up for health insurance for 2016 on the state and federal exchanges was up to 40% lower than government and private estimates, which some say is evidence that the plans are too expensive and that people would rather...

Construction industry; Building concerns; Companies take steps to avert expected shortage of skilled workers

The Columbus Dispatch (Ohio)... February 17, 2016 Wednesday
Construction cranes on the horizon often are viewed as signs of economic vitality. But an expected lack of skilled workers to operate those cranes -- and lay pipe and install plumbing and electrical systems -- worries the industry locally and...

Health form bringing tax headaches

Star Tribune (Minneapolis, MN)... February 16, 2016 Tuesday
Just what American taxpayers were waiting for: another form.Large employers and insurers in Minnesota are distributing for the first time this winter more than a million tax documents that show who had health insurance last year, a seemingly...

Wells Fargo Insurance Study: Next Phase of ACA to Bring More Changes and Challenges to Employee Benefit Plans; Employers remain focused on controlling costs, avoiding "Cadillac" tax

Business Wire... February 16, 2016 Tuesday 1:30 PM GMT
Despite already modifying their benefit plans last year, employers expect their healthcare costs to rise again in 2016, which will require additional changes, according to the Employee Benefits Trend Study released today by Wells Fargo Insurance ,...

United States: Zika - Employer Liability Issues

Mondaq Business Briefing... February 16, 2016 Tuesday
I. IntroductionBy now, the worldwide health authorities and media have publicized the Zika virus disease (Zika) that has been reported throughout South America, Central America, and the Caribbean. Although the United States has only experienced a...

United States: New Jersey Introduces Bill To Raise Minimum Wage To $15 Per Hour By Constitutional Amendment

Mondaq Business Briefing... February 16, 2016 Tuesday
On February 11, 2016, New Jersey State Senate President Steven Sweeney, D-Gloucester, formally introduced legislation for a ballot referendum that would authorize an amendment to the New Jersey State Constitution to raise the state's minimum wage to...

 

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Trends in Health Coverage for Part-Time Workers

Targeted News Service... May 22, 2014 Thursday 11:45 PM EST
Employee Benefit Research Institute issued the following news release:Are concerns about the requirements of the new federal health insurance law causing more employers to shift to part-time workers?A new report by the nonpartisan Employee Benefit...

Outcomes-Based Wellness Incentives on the Rise, Defined Contribution Under Consideration, bswift Study Finds

Marketwired... May 22, 2014 Thursday 9:36 AM GMT
bswift, a leader in cloud-based technology and services for employee benefits and health exchanges, has released its annual benchmarking study, conducted in conjunction with Employee Benefit News. bswift's fifth annual study covers the journey that...

United States: It's Catching: Is The Spread Of Paid Sick Leave Laws Making Employers Ill?

Mondaq Business Briefing... May 22, 2014 Thursday
As winter has turned to spring, and flu season has turned to allergy season, have your employees been accruing government-mandated paid sick leave? They might be if they happen to work in New York City (NYC), Newark, or Connecticut or other...

United States: View From Proskauer: Investigating And Deciding Severance Benefits Claims

Mondaq Business Briefing... May 22, 2014 Thursday
Plan administrators charged with administering Employee Retirement Income Security Act-governed severance plans are often confronted with the question of whether they should conduct an independent investigation into the reasons the employer-plan...

Poll: Overwhelming Majority of Drivers Would Green Their Commute If Employer Provided Incentives

Marketwired... May 22, 2014 Thursday 2:55 AM EST
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 22, 2014) - A poll released today found that 76 per cent of Lower Mainland and Vancouver Island residents who drive to work would be more likely to carpool, use transit or cycle if their employer...

Milliman Medical Index: Healthcare costs climb to $23,215 for a typical American family in 2014; Milliman Medical Index reports record low 5.4% cost increase in 2014--but that still makes 2014 the ninth straight year during which costs increased by more than $1,100

PR Newswire... May 21, 2014 Wednesday 11:00 AM EST
 Milliman, Inc., a premier global consulting and actuarial firm, today released the 2014 Milliman Medical Index (MMI), which measures the cost of healthcare for a typical American family of four receiving coverage from an employer-sponsored...

Despite Windsor, Federal Court Rejects Challenge to a Self-Insured ERISA Health Plan's Denial of Coverage for Same-Sex Spouses

Legal Monitor Worldwide... May 22, 2014 Thursday
Following the U.S. Supreme Court's decision in US v. Windsor, the requirement that an ERISA health plan provide health coverage for same-sex spouses has often hinged on whether an employee benefit plan was insured or self-insured and, in the case of...

Financial Finesse Releases New Research on Employee Financial Stress; Study finds employees experiencing increased financial stress due to an "awakening" of their financial shortfalls; women with children in lower income brackets are most at risk of financial stress

Business Wire... May 21, 2014 Wednesday 10:30 AM GMT
Financial Finesse , the leading provider of unbiased workplace financial wellness programs, has announced the release of its latest research report analyzing U.S. employee financial stress in 2013.The report found that financial stress increased...

United States: Use E-Verify To Confirm Employment Eligibility

Mondaq Business Briefing... May 21, 2014 Wednesday
Federal law requires you to employ only U.S. citizens or foreign citizens who have the necessary authorization to work in the United States. Employers normally verify employment status with Form I-9, "Employment Eligibility Verification." But how do...

United States: 90-Day Waiting Period Rule Can Lead To Problems Between Employers, Unions And Health Plans

Mondaq Business Briefing... May 21, 2014 Wednesday
Earlier this year, the agencies implementing the Patient Protection and Affordable Care Act (ACA) published a final rule that prohibits health plans and health insurance issuers from applying any waiting period that exceeds 90 days (i.e., the...

One in Four Americans' Nest Egg Balance: $0; COUNTRY Survey: Many not saving at all for their golden years

PR Newswire... May 20, 2014 Tuesday 6:00 AM EST
The sluggish economic recovery may have put many Americans on a back foot when it comes to saving enough to retire when they would like to, but a recent COUNTRY Financial Security Index® survey sheds light on a more concerning factor. One in...

Are E-Cigarette Users Smokers? 9 in 10 Life Insurance Underwriters Say Yes, Finds Munich Re Survey

Business Wire... May 20, 2014 Tuesday 5:14 PM GMT
Nine in 10 life insurance underwriters believe e-cigarette users should be considered smokers, according to a survey by Munich American Reassurance Company, a unit of Munich Re, one of the world's leading reinsurers. The survey of life insurance...

Few Americans aware of their rights for mental health coverage; APA survey reveals only 4 percent of Americans know about mental health parity law.

PR Newswire... May 20, 2014 Tuesday 8:00 AM EST
Even though more than one in four Americans (27 percent) have received treatment or therapy from a mental health professional, few people know that health insurers are required to provide coverage for mental health, behavioral health and...

Firms less flexible than they claim; Letting people adjust shifts or work from home still requires leap of faith

International New York Times... May 21, 2014 Wednesday
FULL TEXTHe calls it one of the bright spots of his week: Before Jared Dalton, 32, starts his workday as a manager at Ernst & Young, the big accounting firm, he dresses his 5-month-old daughter, Olivia, and then places her on her tummy to play....

United States: Eighth Circuit: ERISA Plan Beneficiary Designation Trumps Will

Mondaq Business Briefing... May 20, 2014 Tuesday
The Eighth Circuit held that the named beneficiary of an ERISA governed life insurance policy was entitled to the proceeds even though the decedent's will named a different beneficiary. Hall v. Metro. Life Ins. Co., 2014 U.S. App. LEXIS 8652 (8th...

Study finds do-it-yourself investors

USA TODAY... May 20, 2014 Tuesday
The majority of people are do-it-yourself investors when it comes to managing their retirement savings, according to a large study, out Tuesday.About two-thirds (63%) of workers with 401(k)s are going it alone, managing their own investments. About...

ACA has mixed effects on firms, organizations

Albuquerque Journal (New Mexico)... May 19, 2014 Monday
In the Journal's Top Workplaces special section published Sunday, companies responding to a question of how they are adjusting to the effects of the Affordable Care Act said it has not been a major issue so far, but it has required a commitment of...

United States: The Right And Wrong Way To Hire Summer Interns

Mondaq Business Briefing... May 19, 2014 Monday
With summer vacation just around the corner, droves of college students will be vying for coveted internships at a variety of businesses throughout the U.S. While the thought of cheap or free temporary labor can be appealing, programs that are...

United States: The Rewards And Risks Of Employee Pay Cards

Mondaq Business Briefing... May 19, 2014 Monday
As our world becomes more and more electronic and individuals become more accustomed to paying for goods and services with the swipe of a plastic card, both employers and employees are becoming attracted to pay cards.How Does A Pay Card Work and Why...

THREE GENERATIONS, THREE VIEWS OF RETIREMENT

States News Service... May 19, 2014 Monday
The following information was released by the Credit Union National Association (CUNA):When credit unions help their members with retirement planning, they must be ready for vastly disparate expectations based on their members' differences,...

Feds give go-ahead for new health cost controls; will consumers face higher bills?

Sun Journal (Lewiston, Maine)... May 16, 2014 Friday
WASHINGTON -- The Obama administration has given the go-ahead for insurers and employers to use a new cost-control strategy that puts a hard dollar limit on what health plans pay for some expensive procedures, such as knee and hip replacements.Some...

Defining What 'Defined Contributions' Mean For Work-Based Health Insurance

US Official News... May 16, 2014 Friday
The Medical group management association has issued the following press release:What if employers started giving workers a chunk of cash to buy health insurance on their own instead of offering them a chance to buy into the company plan? Are...

Company perks support employees in creative ways

Albuquerque Journal (New Mexico)... May 18, 2014 Sunday
Hundreds of thousands of employees responding to Top Workplaces surveys across the country have established beyond reasonable doubt that they most value their work, the connection with their colleagues and customers over pay and perks.They say so...

Health coaches champion strides toward wellness

Pittsburgh Tribune Review... May 17, 2014 Saturday
Daniel Leslie spends a lot of time coaching and motivating people to stay healthy "” but none of his work happens at a gym or on a ball field. It's all done over the phone "” and has nothing to do with sports. Leslie is a health coach...

Los Angeles Unified School District Chooses to Prefund Retiree Health Benefits Through CalPERS

Targeted News Service... May 16, 2014 Friday 10:54 PM EST
The California Public Employees Retirement System issued the following news release:The Los Angeles Unified School District (LAUSD) Board of Education approved its selection committee's decision to award the contract to prefund health care...

New Study Projects Health Care Costs to Increase More Slowly

Business Wire... May 15, 2014 Thursday 2:00 PM GMT
Projected cost increases for all types of medical plans are anticipated to be down by between 0.1 and 0.5 percent in 2014, according to a survey by Buck Consultants , A Xerox Company (NYSE:XRX). This continues the favorable trend of slow, steady...

Is It ''To" or "Through?" BlackRock Research Concludes TDF Asset Glidepath Should "Land" When Investor Retires; Analysis Yields New Lessons for Retirement Saving, Investing, Spending

Business Wire... May 15, 2014 Thursday 2:43 PM GMT
The asset allocation, or glidepath, of a target date fund (TDF) should reach its final "landing point" at the investor's actual retirement date -- and not continue to change as the investor moves through the retirement years.That is a key conclusion...

New Report: Many Patients with Exchange Coverage to Pay More than Twice As Much Out Of Pocket for Prescriptions Compared to Employer Plans

Business Wire... May 15, 2014 Thursday 12:00 PM GMT
A new report by Milliman, Inc. finds that Silver plans with combined deductibles offered through the Health Insurance Exchanges may require patients to pay more than twice as much out of pocket for prescription medicines overall as they would under...

Greater Healthcare Price Transparency Could Save $100 Billion Over 10 Years; New West Health Policy Center report finds transparency alone won't control spending, but can support changes in health plan design and payment reforms

PR Newswire... May 15, 2014 Thursday 7:30 AM EST
Providing patients, physicians, employers and policymakers more information on healthcare prices could reduce U.S. healthcare spending by an estimated $100 billion over the next decade, according to anew analysisfrom theGary and Mary West Health...

BMO Report: Financial Planning Critical for the 56.7 Million Americans With a Disability

Marketwired... May 15, 2014 Thursday 4:05 AM GMT
 --  More than 70 percent of Americans 80+ have some form of disability --  Wills and powers of...

Employers in San Francisco Bay Area Sponsor High-Value Health Benefits Packages to Attract Top Talent

PR Newswire Europe... May 15, 2014 Thursday 9:00 AM EST
TriNet's SMBeat shows total cost of health benefits to SMB employers and employees  Annual health benefits in San Francisco Bay Area cost an average of $10,400 per employee vs. $8,000 in New York and Los Angeles areas Average annual health...

Major U.S. Health Plans Agree to Give Consumers Free Access to Timely Information About Health Care Prices to Foster Greater Transparency; Health Care Cost Institute to Develop Online Platform to Help Consumers, Employers and Regulators Examine the Price and Quality of Health Care Services

Business Wire... May 14, 2014 Wednesday 12:00 PM GMT
The Health Care Cost Institute (HCCI) announced today that it will work with three of the nation's largest health insurance companies, Aetna, Humana and UnitedHealthcare, to develop and provide consumers free access to an online tool that will offer...

Warning lights flash on early 401k cash outs

Chattanooga Times Free Press (Tennessee)... May 14, 2014 Wednesday
In the decade leading up to the financial crisis, home equity loans became the first place to go when households felt a financial pinch. With the mortgage meltdown and declining home values, this avenue is now closed to many cash-strapped families....

MassMutual Finds Target Date Funds Gaining Popularity with Retirement Plan Participants; Women, Generation Y leading broader movement towards Target Date Funds, asset allocation strategies for retirement savings

PR Newswire... May 14, 2014 Wednesday 9:35 AM EST
 Target Date Funds and other asset allocation strategies are growing in popularity with investors in employer-sponsored defined contribution retirement plans, especially with women and younger workers, according to data tracked byMassMutual's...

Keas Survey Highlights Need for Culture of Health at Work; 66 Percent of Employees Believe They Would Be More Engaged, Productive at Work if a Culture of Health Was in Place

Marketwired... May 14, 2014 Wednesday 6:00 AM GMT
Keas (www.keas.com), the market leader in employee health and engagement programs, today released new survey data revealing that 66 percent of employees believe they would be more productive and engaged at work if there was a culture of health in...

United States: The Affordable Care Act-Countdown To Compliance For Employers, Week 33: The Impact Of Value-Based-Plan Designs And Reference Pricing Models On Minimum Value

Mondaq Business Briefing... May 13, 2014 Tuesday
Whether a group health plan provides minimum value is central to the application of the Affordable Care Act's employer shared responsibility rules. The particulars of the role of minimum value in determining assessable payments due from applicable...

Financial Engines & Aon Hewitt Find 401(k) Participants Who Use Professional Help are Better Off than Those Who Do Not

India Insurance News... May 13, 2014 Tuesday 6:30 AM EST
May 13 -- A new study from Financial Engines, America's largest independent investment advisor[1] (NASDAQ: FNGN), and Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), reveals that 401(k) participants...

Judy Diamond Associates' Analysis Reveals the States with the Greatest Growth in New 401(k) Plans

PR Newswire... May 13, 2014 Tuesday 8:06 AM EST
 Judy Diamond Associates, the 401(k) plan intelligence provider of leading financial advisors, brokers and fund companies, today revealed which states are experiencing the strongest relative growth in new 401(k) plans."New 401(k) plans are...

Unpaid, But Not Unprotected: New York City Extends Human Rights Law To Protect Interns

Legal Monitor Worldwide... May 14, 2014 Wednesday
As reported by us in recent blog articles ( Do as I Say, Not as I Do: Differences in Duties Means No Commonality, No Class Certification for Unpaid Interns and The High Cost of Hiring Unpaid Interns), employment issues surrounding unpaid interns are...

County pension reform headed to Springfield

Chicago Sun-Times... May 14, 2014 Wednesday
Officials are putting the finishing touches on a Cook County worker pension reform bill that is soon expected to emerge in Springfield, the Chicago Sun-Times has learned. The bill will cut retiree benefits and require workers to pay more toward...

United States: Rollover Contributions: What Plan Administrators Need To Know

Mondaq Business Briefing... May 12, 2014 Monday
Retirement plan administrators routinely receive requests from employees to accept rollover contributions of amounts held in a prior employer's qualified plan or, in some cases, an IRA. When processing these requests, plan administrators must be...

Report: ACA's Next Phase Can Benefit from CHIP Outreach Lessons

Targeted News Service... May 12, 2014 Monday 1:26 AM EST
First Focus issued the following news release:A new brief released today by the bipartisan children's advocacy organization First Focus identifies important lessons from Children's Health Insurance Program (CHIP) outreach and enrollment efforts that...

Almost 75% of Small Business Owners in U.S. Confident Their Businesses are Looking Up in 2014

PR Newswire Europe... May 13, 2014 Tuesday 9:00 AM EST
Small Business Confidence Survey shows half of small business owners plan to hire more employees throughout the year TriNet (NYSE: TNET), a leading cloud-basedprovider of HR services, today announced results of its Small Business...

Colonial Life white paper says small businesses can offer big benefits; Small employers can be competitive by offering voluntary benefits

Business Wire... May 12, 2014 Monday 2:44 PM GMT
Although employees of small businesses share the same interests and concerns about their benefits and personal finances as employees in large companies, they're less likely to have benefits. But small employers don't have to settle for small...

Physician Dispensing of Narcotics Linked to Poor Outcomes in Workers' Compensation Claims

PR Newswire... May 12, 2014 Monday 9:19 AM EST
 A new study in the Journal of Occupational and Environmental Medicine reveals a negative impact on medical costs, indemnity costs and lost time from work on workers' compensation claims when physicians, rather than pharmacies, dispense...

United States: Five Health Policy Issues To Watch In 2014

Mondaq Business Briefing... May 9, 2014 Friday
As we head into the mid-term election cycle, the ongoing implementation of the Patient Protection and Affordable Care Act (ACA) continues to consume the nation's healthcare industry and political leaders in 2014. On the horizon are several issues...

United States: IRS Issues Additional Post-Windsor Guidance For Qualified Retirement Plans

Mondaq Business Briefing... May 8, 2014 Thursday
The Internal Revenue Service (IRS) recently issued Notice 2014-19 (Plan Notice), and related Q&As, which provide additional guidance regarding the impact on qualified retirement plans of the Supreme Court's decision in United States v. Windsor,...

New Thinking For Today's Needs; New Feathers For Nest; Retirement industry warms to target-date funds, GICs, ETFs

Investor's Business Daily... May 12, 2014 Monday
With U.S. interest rates low but coiled to rise, and people in search of investment products with minimal fees, brokerages and financial advisers have been rethinking their strategies and product offerings to better address the needs of retirees.

Employee assessment tool ‘bell curve’ loses popularity; companies look at new age tools

The Economic Times... May 12, 2014 Monday
Its detractors dismiss it as a ‘rank and yank’ practice — a reference to the forced method of distributing salary hikes and performance ratings by aligning a small set of hyper-performers on one side and an equally small set of...

Monday Money Tip: Timing is the key to begin collecting Social Security

The Philadelphia Inquirer... May 11, 2014 Sunday
Can you wait until your 70th birthday? Timing is everything when it comes to Social Security, and the calculus behind it is so complex that even financial planners have trouble.

CareerBuilder's Mother's Day Survey Explores How Working Moms and Dads Compare in Salary, Title and Job Satisfaction; - Working dads who are sole financial providers in their households are four times more likely to earn six figures than working moms who are sole financial providers

PR Newswire... May 8, 2014 Thursday 6:00 AM EST
With many moms and dads serving as the sole financial providers in their households, CareerBuilder's latest research takes a closer look at how genders compare in terms of income, career advancement and job satisfaction. While salary data indicates...

PAY JUMPS TO TOP FACTOR CONTRIBUTING TO U.S. EMPLOYEES' SATISFACTION WITH THEIR JOBS, SHRM SURVEY SHOWS

States News Service... May 8, 2014 Thursday
The following information was released by the Society for Human Resource Management:81% of employees report overall happiness with their work, unchanged from previous yearAfter enduring years of frozen wages or small pay increases, U.S. employees...

United States: Courts Continue To Apply Presumption Of Prudence While Awaiting The USSC's Views

Mondaq Business Briefing... May 8, 2014 Thursday
As the employee benefits world awaits the U.S. Supreme Court's decision in Dudenhoeffer v. Fifth Third Bancorp, two federal courts recently dismissed employer stock-drop cases brought under ERISA on the ground that plaintiffs failed to overcome the...

Going to the Dentist Linked with Overall Well-Being

PR Newswire... May 8, 2014 Thursday 9:17 AM EST
 Go to the dentist at least once a year and you are more likely to feel better about your life overall, according to Delta Dental Oral Health and Well-Being Survey1 results announced today.In fact, Americans who go to the dentist at least once...

American Workers Recognize the Importance of Retirement Income, According to EBRI's 2014 Retirement Confidence Survey; -- 85% of Workers Contributing to Retirement Plans Find Lifetime Income Illustrations Useful, Notes MetLife, an Underwriter of the Study --

Business Wire... May 7, 2014 Wednesday 1:03 PM GMT
The 2014 Retirement Confidence Study (RCS), recently released by the Employee Benefit Research Institute (EBRI) and Greenwald & Associates, shows that workers are increasingly recognizing the importance of retirement income but many are not yet...

Study: Number of stay-at-home moms on rise

Orange County Register (California)... May 7, 2014 Wednesday
The number of nonworking mothers rose to 29 percent in 2012, up six percent from a modern-era low in 1999, according to a recent analysis of government data from the Pew Research Center.

United States: New Model COBRA Notices Issued By DOL: Updating Good Faith Compliance

Mondaq Business Briefing... May 7, 2014 Wednesday
Earlier this week, the Department of Labor issued new proposed regulations that revise the COBRA notice requirements. Because the regulations are proposed, they are not final per se, but in the release, the DOL published new model COBRA notices. ...

Insurance companies report that most Obamacare enrollees have paid bills

UPI... May 7, 2014 Wednesday 4:00 PM EST
Major insurance companies are reporting that 80 to 90 percent of those who enrolled in the marketplace healthcare exchanges are current with their premium payments.

United States: Court Rejects Plaintiff's Attempt To Prevent Plan From Recouping $250,000 Overpayment

Mondaq Business Briefing... May 7, 2014 Wednesday
A federal district court in the Northern District of California dismissed an equitable estoppel claim brought by a pension-plan participant seeking to prevent the plan from recouping an overpayment. See Groves v. Kaiser Found. Health Plan, Inc., No....

Tips to make retirement savings last

USA TODAY... May 7, 2014 Wednesday
Even if you were smart (or lucky) enough to have a comfortable retirement nest egg, you may still worry that it may not last you through what may be 30 years of retirement. As many retirees and pre-retirees saw in 2008, one unexpected financial...

More Workers Satisfied With Retirement Benefits, Fewer Happy With Health Care Benefits, Towers Watson Survey Finds; Fewer employees willing to sacrifice pay for health care than for retirement benefits

Business Wire... May 6, 2014 Tuesday 1:05 PM GMT
More U.S. employees are satisfied with their company-sponsored retirement benefits now compared with five years ago, but satisfaction with health care benefits, especially the cost of medical benefits, has declined, according to a survey by global...

-CIGNA: 20 YEARS OF DISABILITY CLAIMS DATA REVEAL EMERGING WORKFORCE PRODUCTIVITY CHALLENGES

ENP Newswire... May 6, 2014 Tuesday
ENP Newswire - 06 May 2014Release date- 05052014 - CIGNA: 20 YEARS OF DISABILITY CLAIMS DATA REVEAL EMERGING WORKFORCE PRODUCTIVITY CHALLENGES.An analysis of 20 years of Cigna's short-term disability claims shows that absence related to obesity,...

Proposals to provide paid sick leave stirring debate

The Buffalo News (New York)... May 6, 2014 Tuesday
From age 16, Jorge Silva has worked in fast food - a Jack in the Box, a Carl's Jr., two IHOPs and a Disney outlet. None of the jobs ever offered paid sick leave.16, Jorge Silva has worked in fast food -jobs ever offered paid sick leave.

Tipped workers get lift as states include them in wage increases

The Buffalo News (New York)... May 6, 2014 Tuesday
Waiters, bartenders, hairdressers and other Minnesota workers who rely on tips got a big raise last month when the state guaranteed them the same $9.50 hourly minimum wage that other workers will get.Minnesota is one of five states (along with...

Insurers get guidance on plans to help smokers quit

Winston-Salem Journal (North Carolina)... May 5, 2014 Monday
The Obama administration has issued further guidance on how insurers are to cover treatment programs aimed at helping individuals quit smoking.The guidelines came from the three federal departments — Health and Human Services, Labor and...

Employer clinics saving time, money Patients must be insured by firm, but get free care

Fort Wayne Journal Gazette... May 4, 2014 Sunday
A local clinic offers free office visits - regardless of income level.In-stock prescription drugs are free. Same-day appointments are readily available. And new patients are scheduled for a full hour with the doctor.There's a catch, of course.Not...

Workers get to own companies In ESOP, layoffs, defaults fewer

Fort Wayne Journal Gazette... May 4, 2014 Sunday
Aging baby boomer and business owner Ken Tator had several options when he wanted to cash out a portion of his largest financial asset: KTA-Tator, the Pittsburgh-area business his father started in 1949."He looked into financial buyers. He looked...

Detroit Reaches Pension Agreement With Retired City Employees

PR Newswire... May 2, 2014 Friday 6:05 PM EST
 The City of Detroit, working through federal bankruptcy mediators, has reached an agreement on the treatment of pension and healthcare benefits with the association representing retired Detroit general city employees.  The City of...

Sooner or later (the latter!), we all take Social Security; Delaying benefits can pay off in a big way

USA TODAY... May 2, 2014 Friday
Americans make lots of mistakes. That's not always a bad thing, because we usually fix them. The 3.5 version of any software usually works, as opposed to the 1.0 version. The second year of a new-model car usually doesn't catch fire when you open...

United States: Is Telecommuting As A Reasonable Accommodation Under The ADA The New Norm?

Mondaq Business Briefing... May 2, 2014 Friday
Executive Summary:The Sixth Circuit recently held that a four day per week telecommuting arrangement could be a reasonable accommodation for a disabled employee, even though the employer determined, in its business judgment, that teleconferencing...

United States: Don't Get Cute When Documents Are Requested: ERISA Penalty Provisions For Hiding Plan Documents

Mondaq Business Briefing... May 2, 2014 Friday
ERISA generally requires that plan participants get copies of summary plan descriptions, plan documents and annual reports when requested. ERISA Section 104(b)(4) provides that "the administrator shall, upon written request of any participant or...

More employers offer disability insurance, employees realize need yet many fail to act; Disability Insurance Awareness Month focuses attention on this important protection product

Business Wire... May 1, 2014 Thursday 1:00 PM GMT
With May being Disability Insurance Awareness Month (DIAM), timely findings from a Prudential report reveal that while 82% of employers report they are offering long-term disability insurance in 2013, up from 74% in 2012, 33% of employees are...

Obamacare reports 8M enrollees; Women, whites top sign ups through HealthCare.gov

USA TODAY... May 2, 2014 Friday
Eight million Americans have enrolled in health insurance through the Affordable Care Act, and of those reporting their race, 63% were white, according to new data released Thursday by the Department of Health and Human Services Department.health...

Americans Would Give up Facebook, Coffee and Sweets for Dream Job; WellPoint survey finds Americans consider their work a major part of their well-being

Business Wire... May 1, 2014 Thursday 1:00 PM GMT
How often do you hear friends, family and colleagues complain about how much they hate their job? Chances are it's quite often. Then it may shock you to learn that WellPoint's new survey finds a majority of Americans consider their job to be a high...

United States: Lifetime Income: Participant Needs, Retiree Risks And Retirement Solutions

Mondaq Business Briefing... May 1, 2014 Thursday
The aging of the baby boomers in a defined contribution plan world has revealed a weakness in many 401(k) and 403(b) plans: the plans offer no systematic process for providing lifetime income. (For 403(b) plans funded with annuities, the issue may...

After the Storm: Three Unique Generations with Very Different Retirements Ahead of Them; New research examines current trends among Baby Boomers, Generation X, and Millennials

PR Newswire... April 30, 2014 Wednesday 7:19 AM EST
 Today, nonprofitTransamerica Center for Retirement Studies® ("TCRS") released newresearchevaluating the effects of what is commonly referred to as the Great Recession on American workers and their retirement outlook.  "2014 represents...

Latest Putnam Investments Lifetime Income Score Report Points to Workplace Savings Availability, Auto-Pilot Features and Higher Savings Rates as Keys to Retirement Success; Americans Positioned to Replace Only 61% of Current Income in Retirement

Business Wire... April 30, 2014 Wednesday 5:47 PM GMT
Putnam Investments today released its fourth annual Lifetime Income Score SM research report , considered to be one of the most comprehensive analyses of Americans' retirement preparedness. The 2014 report, based on a study of over 4,100 working...

New Health System Scorecard Shows Little Progress Among States in Years Leading Up to ACA Implementation; 5-Year Trends in Health Care Access, Quality, Costs, and Outcomes Show Wide Differences; Room for Improvement in Every State

Targeted News Service... April 30, 2014 Wednesday 10:23 PM EST
The Commonwealth Fund issued the following news release:States made little progress in improving health care access, quality, and outcomes and lowering costs in the five years preceding implementation of the major coverage provisions of the...

Committee Learns Who's Paid for Obamacare: As of April 15, Only 67 Percent of Enrollees in Federal Marketplace Had Paid First Month's Premium

Targeted News Service... April 30, 2014 Wednesday 3:15 AM EST
The House Energy and Commerce Committee issued the following news release:Data provided to the committee by every insurance provider in the health care law's Federally Facilitated Marketplace (FFM) shows that, as of April 15, 2014, only 67 percent...

AARP Survey Shows Overwhelming Support Among Employers for Requiring Investment Advice to be in Best Interest of Retirement Plan Participants

Targeted News Service... April 30, 2014 Wednesday 12:20 AM EST
The AARP (formerly the American Association of Retired Persons) issued the following news release:A new AARP survey of employers shows overwhelming support for requiring the advice provided to workers who participate in 401(k)-type retirement plans...

Deloitte: Study Shows Global Talent Squeeze Continues to Affect Employers; Talent shortage, motivation and retention issues remain top HR challenges

PR Newswire... April 29, 2014 Tuesday 9:00 AM EST
Even as the economy slowly improves, human resources (HR) professionals around the globe struggle to find the right people for technical and skilled jobs.  This talent shortage makes employee retention and engagement strategies even more...

Survey: Cost of Healthcare Claims Continue to Rise; Interest in Private Exchanges Increases; Wells Fargo Insurance survey finds more employers exploring private exchanges and defined contribution strategies

Business Wire... April 29, 2014 Tuesday 1:00 PM GMT
As employers try to control rising healthcare premium costs, their employees will continue to pay more for healthcare plans and face higher deductibles and copays, according to a recent survey from Wells Fargo Insurance , part of Wells Fargo &...

Large Employers 'Fully Committed" to Company-Sponsored Benefits, Express Mixed Reaction to Private Health Insurance Exchanges; Survey of Fortune 1000-ranked companies shows varied levels of confidence and interest in exchanges

Business Wire... April 29, 2014 Tuesday 10:00 AM GMT
The majority of large employers remain fully committed to providing an array of company-sponsored benefits and are currently uncertain about whether private health insurance exchanges will be a part of their benefits strategy, according to a...

Boomers work at staying employed; Many form backup plans so they keep jobs in golden years

USA TODAY... April 30, 2014 Wednesday
Most Baby Boomers intend to work after retirement age or never retire at all. But some are making backup plans just in case they're forced to retire before they're ready because of health problems, job loss or other unexpected reasons, a new survey...

Fidelity® Announces Quarterly Data on Retirement Savings; Analysis shows that during the past year, one in five workplace plan participants increased their personal savings rate, a record high

Business Wire... April 29, 2014 Tuesday 12:40 PM GMT
Fidelity Investments ® ? America's No. 1 provider of 401(k) plans and Individual Retirement Accounts (IRA)1 ? today announced its average 401(k) balance is $88,600 at the end of the first quarter 2014, up more than 9 percent from $80,900 one...

Patients are paying more of bills upfront; Providers say delays in collection threaten viability of hospitals.; CLOSER LOOK HEALTH CARE

Dayton Daily News (Ohio)... April 29, 2014 Tuesday
Insured patients getting elective procedures are being asked to pay more of their bills than previously at the time of the service.Doctors and hospitals increasingly are asking insured patients to pay more of their bills for elective procedures at...

Aon Hewitt Analysis Finds More Employers Adding Roth Features to Expand Savings Options; Employees Using Roth Features Save More for Retirement than Non-Roth Users

PR Newswire... April 28, 2014 Monday 9:15 AM EST
As lawmakers debate legislative proposals that would expand the use of Roth features in 401(k) and other savings plans, an analysis from Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), shows companies...

Forty-One Percent of Companies Saw Relocation Volumes Increase in 2013 According to Atlas Van Lines' Corporate Relocation Survey

Business Wire... April 28, 2014 Monday 12:00 PM GMT
According to one of the nation's leading movers, Atlas Van Lines, the past year was one of continued normalization for the industry, solidifying the recovery that began in 2012. In response to the 47th Annual Corporate Relocation Survey , 41 percent...

United States: New Data Shows Higher Healthcare Costs In Second Half Of 2013 - Is This A Result Of The Affordable Care Act?

Mondaq Business Briefing... April 28, 2014 Monday
Will insurance expansion and industry consolidation result in higher healthcare costs, at least in the short term, and further stress the economy and the healthcare industry? That highly political question is being asked now in light of preliminary...

Work Longer, Save More: How Changes In State Pension Plans Affect Retirement Income Of Public Employees

PR Newswire... April 25, 2014 Friday 2:54 PM EST
 A new report from the Center for State and Local Government Excellence and the National Association of State Retirement Administrators gauges the effects of changes in state pension plans on the retirement income of retirees.Effects of Pension...

United States: Failure To Address The 90-Day Waiting Period Rule In A Handbook Or CBA Can Cause Problems

Mondaq Business Briefing... April 26, 2014 Saturday
Earlier this year, the agencies implementing the Patient Protection and Affordable Care Act ("the ACA") published a final rule ("the Regulation") that prohibits health plans and health insurance issuers from applying any waiting period that exceeds...

Paid family leave fails to catch on in U.S.; Only three states - California, New Jersey, Rhode Island - offer it.

Dayton Daily News (Ohio)... April 27, 2014 Sunday
California became the first state to embrace government-backed paid family and medical leave more than a decade ago. Since then, few other states have followed California's path, and supporters are now considering a different approach.After lobbying...

United States: A Primer On The Northwestern-NLRB Decision And Its Effects

Mondaq Business Briefing... April 25, 2014 Friday
It is unlikely that any ruling by a Regional Director of the National Labor Relations Board (NLRB) has ever sparked such nationwide commentary as that of Region 13 Regional Director Peter Sung Ohr in ruling that Northwestern University scholarship...

United States: FINRA's Reminder About Rollovers: News To Many

Mondaq Business Briefing... April 24, 2014 Thursday
A number of government and regulatory agencies-the Government Accountability Office (the GAO), the Department of Labor (the DOL) and, most recently, the Securities and Exchange Commission (the SEC), and the Financial Industry Regulatory Authority...

Paychex Snapshot: Roughly Half of Small Business Owners Understand, are Prepared for Changes Under the Affordable Care Act

Business Wire... April 24, 2014 Thursday 3:00 PM GMT
Paychex, Inc., a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses, today released its first Paychex Small Business Snapshot, a glimpse at how small business owners view...

Defined Contribution Plans In The Public Sector: An Update; New Center for Excellence issue brief finds in spite of much discussion, defined benefit plans still dominate.

PR Newswire... April 24, 2014 Thursday 8:00 AM EST
The 2008 financial crisis prompted many state and local governments to make changes to their defined benefit pensions, most often raising employee and employer contributions and reducing benefits for new employees.

United States: Unpaid Employer Contributions As Plan Assets: Expansion Of Liability Under ERISA

Mondaq Business Briefing... April 24, 2014 Thursday
The Employee Retirement Income Security Act of 1974, as amended ("ERISA"), requires trustees of multiemployer pension and benefit funds to collect contributions required to be made by contributing employers under their collective bargaining...

United States: San Francisco Bay Area Employers Must Comply With Commuter Benefits Program By September 30, 2014

Mondaq Business Briefing... April 24, 2014 Thursday
Covered San Francisco Bay Area employers without an already-existing and compliant commuter benefits plan have until September 30, 2014, to select at least one of four commuter benefit options, notify employees of how to take advantage of the...

Washington: Wellness programs grow more popular with employers

US Official News... April 23, 2014 Wednesday
Association of Western Pulp & Paper Workers has issued the following news release:That little voice nagging you to put down the cake and lace up the running shoes is increasingly coming from your employer and is likely to grow louder with a...

ICI Defined Contribution Plan Recordkeeper Data Show Continued Commitment to Retirement Saving

Targeted News Service... April 23, 2014 Wednesday 1:48 AM EST
The Investment Company Institute issued the following news release:ICI's latest study of retirement plan savers' actions, based on defined contribution (DC) plan recordkeeper data covering nearly 24 million DC plan participant accounts, shows...

Health law may do little to curb costs; Economic Scene

International New York Times... April 24, 2014 Thursday
FULL TEXTStanding before a roomful of economists, policy makers and health care experts earlier this month, Amitabh Chandra, director of health policy research at Harvard's Kennedy School of Government, closed a presentation about the slowdown in...

United States: Employee Terminated For Stealing Caused By Disability Entitled To Discrimination Trial

Mondaq Business Briefing... April 23, 2014 Wednesday
Is an employer allowed to enforce a uniformly-applied workplace conduct policy against an employee whose misconduct was caused by her disability? A federal district court in California said "maybe, maybe not," and determined that the matter should...

United States: President Obama Targets Federal Contractors On Pay Disparity Issues

Mondaq Business Briefing... April 23, 2014 Wednesday
Last week, President Obama issued two important directives aimed at ending gender pay disparities. The first, an Executive Order, prohibits federal contractors and subcontractors with government contracts exceeding $10,000 from retaliating against...

United States: Complying With 'Reasonable Accommodation' Requests

Mondaq Business Briefing... April 22, 2014 Tuesday
Employers must understand their accommodation obligations. Denying an accommodation request because the employee is not disabled is a risky proposition.Under the Americans with Disabilities Act (ADA), disability is still defined as "an impairment...

California watches closely as city fights pension giant; San Bernardino wants state agency to absorb share of bankruptcy pain

International New York Times... April 22, 2014 Tuesday
FULL TEXTWhen this bankrupt, working-class city took the unprecedented step in 2012 of stopping its required pension contributions - arguing that it could not otherwise make payroll - other financially stressed California cities took notice: Could...

Pension Value Changes Offset CEO Compensation Increases in 2013, Towers Watson Analysis Finds; CEO total pay increased less than one percent

Business Wire... April 22, 2014 Tuesday 1:05 PM GMT
Total compensation disclosed in company proxy statements for chief executive officers (CEOs) at the nation's largest corporations remained relatively unchanged in 2013, primarily the result of sharply lower pension values, according to a new...

United States: Pennsylvania Supreme Court Unanimously Holds That Union Workers Are Not Subcontractors For Purposes Of Pa. Mechanics' Lien Law

Mondaq Business Briefing... April 22, 2014 Tuesday
On April 17, 2014, the Supreme Court of Pennsylvania issued a decision eagerly awaited by owners, developers, contractors and others involved in the construction industry.Interpreting Pennsylvania's Mechanics' Lien Law of 1963 (the "Act"), the state...

Minnesota: Pension subsidies pass the House

US Official News... April 22, 2014 Tuesday
Office of the Legislation, The State of Minnesota has issued the following press release:The long-term financial outlook for Minnesota pensions would improve if a bill that passed the House Thursday becomes law. Rep. Mary Murphy (DFL-Hermantown)...

Pension Tax Incentives Update

Targeted News Service... April 21, 2014 Monday 5:32 PM EST
The Government Accountability Office released the following report highlight:What GAO FoundTo encourage private-sector employers to sponsor new pension plans and U.S. workers to save for retirement, federal law authorizes a variety of tax...

Washington: Starting a New Job? The Secret to Saving Money at Work

US Official News... April 21, 2014 Monday
The White House has issued the following news release:I have never been a particularly good saver. I wasn’t the child who stashed away babysitting money or saved money I received as gifts. But a series of important (and lucky) decisions has...

Tipped Workers Get a Raise; The recent surge in minimum wage action at the state level also has directed more attention to workers who rely on tips, such as waiters and hairdressers.

Stateline.org... April 21, 2014 Monday
[SEE ORIGINAL SOURCE]TWEET THIS FACTWaiters, bartenders, hairdressers and other Minnesota workers who rely on tips got a big raise last week when the state guaranteed them the same $9.50 hourly minimum wage that other workers will get. Minnesota is...

Defined Contribution plan participants reduce holdings in fixed income

Daily The Pak Banker... April 20, 2014 Sunday
The participants of the Defined Contribution plan reduced their holdings in fixed income and increased allocations to U.S. small-cap and mid-cap equities in 2013, according to the second annual edition of Northern Trust's Defined Contribution...

Wider coverage leads to growing unease on health spending; Experts are questioning whether government and businesses can limit costs

International New York Times... April 21, 2014 Monday
FULL TEXTIt's back.For years, because of structural changes in the United States' health care delivery system and the deep economic downturn, the health care ''cost curve'' - as economists and policy makers call it - had bent. Health spending was...

Fewer Americans Overwhelmed by Medical Bills: Report

Thai News Service... April 20, 2014 Sunday
- While millions of Americans still feel hamstrung by medical expenses, a new government report shows that some people are getting relief.The share of people under age 65 in families reporting problems paying medical bills in the past 12 months...

Middle Class Americans' Retirement Health Care Costs on Path to Exceed Social Security Benefits; HealthView Services Launches Retirement Health Care Cost Index©

PR Newswire... April 17, 2014 Thursday 10:00 AM EST
HealthView Services today launched its new Retirement Health Care Cost Index©, which shows that middle class Americans' retirement health care costs are on a path to exceed their Social Security benefits.  The Index measures the percentage...

College grad job outlook brightens; Business majors are most in demand

USA TODAY... April 17, 2014 Thursday
Here's some good news for college students as they prepare to graduate: Your job prospects are brighter this spring, particularly if you majored in business.That's the bottom line from a National Association of Colleges and Employers outlook survey...

Paid Family Leave Hits a Snag in States; Twelve years after California became the first state to enact a paid family leave law, supporters are rethinking state-by-state efforts.

Stateline.org... April 17, 2014 Thursday
[SEE ORIGINAL SOURCE]U.S. Sen. Kirsten Gillibrand, D-N.Y., helps Ethan and Alison Acton with their puzzles in Plattsburgh, N.Y. The senator has sponsored the Family and Medical Insurance Leave Act, which would establish national paid family and...

United States: E-Cigarettes Light Up Controversy Among Employers

Mondaq Business Briefing... April 16, 2014 Wednesday
First marketed internationally in 2002, battery-powered e-cigarettes are exploding stateside and may soon shake up many Texas employers who need to decide whether or not to allow e-cigarettes in the workplace. Sales in the United States of the more...

Rate of the uninsured declined more in pro-Obamacare states

Post & Courier (Charleston, SC)... April 17, 2014 Thursday
South Carolina, and other states that aren t embracing Obamacare, have seen a smaller reduction in the percentage of uninsured residents than states that have expanded Medicaid and set up their own insurance exchanges, a new Gallup survey found.

Detroit Reaches Deal With Fire, Police Retirees That Doesn't Cut Pensions

Valley News (White River Junction, Vermont)... April 16, 2014 Wednesday
Detroit - A major association representing Detroit's police and fire retirees has agreed to support a deal with the City of Detroit in which uniformed pensioners would not receive cuts to their monthly pension checks.The deal, revealed Tuesday...

United States: Wisconsin Adopts Password Protection Law

Mondaq Business Briefing... April 16, 2014 Wednesday
Wisconsin has become the thirteenth state to enact a law limiting the circumstances under which employers may request or require access to the personal internet accounts of applicants and employees. The 2013 Wisconsin Act 208,1 which amends the...

United States: U.S. Supreme Court's Severance Ruling Impacts Future Unemployment Benefits

Mondaq Business Briefing... April 16, 2014 Wednesday
The decision in Quality Stores not only kills FICA tax refunds for millions of unemployed workers, but it also requires proactive employer actions to maximize future employer and state unemployment benefit payments to terminated workers.The U.S....

'Reference Pricing' Could Save Billions in Health Costs, But Response is Key

Targeted News Service... April 15, 2014 Tuesday 11:08 PM EST
Employee Benefit Research Institute issued the following news release:A new approach called "reference pricing" in health insurance may help control health costs, but the savings could depend on how health care providers and individuals react,...

NARPP Study Links Financial Literacy With Increased Savings Rates; NARPP's Participant Study Sets a Baseline for Financial Literacy Among Plan Participants and Ranks Service Providers' Education Programs

PR Newswire... April 15, 2014 Tuesday 4:01 PM EST
NARPP's (The National Association for Retirement Plan Participants) recent study of 5,000 participants clearly demonstrates the link between financial literacy and improved retirement savings outcomes.  Financial literacy in the NARPP study was...

Target Date Fund Investors More Confident About Reaching Retirement Goals; Survey From Voya Financial's Investment Management Business Finds Retirement Plan Participants Using Target Date Funds Also Contribute More

PR Newswire... April 15, 2014 Tuesday 10:23 AM EST
Individuals investing in a target date fund within their workplace defined contribution (DC) retirement plan feel more confident about investing and meeting their retirement goals than those that don't use target date funds, according to recently...

76 Percent of Workforce is Tired Most Weekdays, 15 Percent Have Fallen Asleep on the Job at Least Once Per Week Says New Study; Virgin Pulse Institute Study Finds Sleep Deprivation Is Crippling Employee Productivity

Business Wire... April 15, 2014 Tuesday 1:00 PM GMT
The Virgin Pulse Institute , an evidence-based organization that puts research to work to help employees and companies thrive, today announced the results of a study designed to better understand employees' sleep disturbances and offer actionable...

Analysts: Lower premiums drive down expected costs for law health affordable care act

The Virginian-Pilot(Norfolk, VA.)... April 15, 2014 Tuesday
By Jason MillmanThe Washington PostWASHINGTONThe health care law's expansion of insurance coverage will cost $104 billion less than projected over the next decade, according to revised estimates from nonpartisan budget analysts Monday. The...

Health care reform spurs move to defined contribution benefits model; Employees take control of their benefit selections, creating an opportunity for voluntary benefits

Business Wire... April 14, 2014 Monday 1:00 PM GMT
Full implementation of the Affordable Care Act by 2015 is prompting employers to rethink the way they offer benefits, with many increasingly eyeing a transition to defined contribution (DC) benefit models. According to Group Benefits and the Defined...

Retirement law turns 40 with low fanfare, high impact

Legal Monitor Worldwide... April 14, 2014 Monday
Not many people know what ERISA stands for or can explain its significance. But tens of millions of Americans have benefited from the Employee Retirement Income Security Act, which was signed into law 40 years ago. The legislation set safeguards for...

Don't sweat that old income rule; Researchers: Retirees may be aiming at wrong target

USA TODAY... April 15, 2014 Tuesday
When planning for retirement, you might be inclined to use an oft-quoted rule of thumb that has you striving to replace 80% of your income in retirement.Don't -- there is no absolute standard, according to Michael Hurd and Susann Rohwedder, of the...

US Treasury and IRS issue guidance facilitating tax-free rollovers to employer-sponsored retirement plans

Daily The Pak Banker... April 15, 2014 Tuesday
Today the US Department of the Treasury and the Internal Revenue Service (IRS) issued guidance designed to help individuals accumulate and consolidate retirement savings by facilitating the transfer of savings from one retirement plan to another. ...

United States: Anti-Discrimination Laws Going Intern-ational? New York City Extends Its Human Rights Law To Unpaid Interns

Mondaq Business Briefing... April 14, 2014 Monday
As we reported last October, a federal court in New York found that an unpaid intern could not bring a hostile work environment sexual harassment claim pursuant to the New York City Human Rights Law ("NYCHRL"). (Wang v. Phoenix Satellite...

United States: IRS Guidance Clarifies Retroactive Retirement Plan Impact of Supreme Court's Windsor Ruling

Mondaq Business Briefing... April 12, 2014 Saturday
The Internal Revenue Service issued Notice 2014-19 and a set of Frequently Asked Questions on April 4, 2014, clarifying certain retroactive retirement plan implications of the Supreme Court's Windsor ruling. The guidance requires plans to be...

United States: Compliance Checkup: Does Your Company's Retiree Medical Coverage Get A Passing Grade?

Mondaq Business Briefing... April 12, 2014 Saturday
Does your company offer retiree medical coverage? This article highlights some of the common legal compliance issues we've noted recently when reviewing post-retirement medical coverage, and provides recommendations for dealing with these issues....

Start Incubating Your Nest Egg How Much Is Enough? Figure out your target using online calculators; better yet, use several

Investor's Business Daily... April 14, 2014 Monday
The bottom line question in all retirement planning is this: How much money will you need?The answer depends on your circumstances, of course.Fidelity Investments' rule of thumb is that at the start of retirement you need at least eight times your...

United States: What's An Employer To Do When A Customer Says, Give Them The FBI Treatment...?

Mondaq Business Briefing... April 12, 2014 Saturday
Picture this scenario: a marketing company signs a new client. As part of the contract between them, the client requires the marketing company to sign a document agreeing that any marketing company employees who perform work for the client must pass...

United States: Not So Fast! Federal Court Holds ERISA Plans Can't Recoup Overpayments Without Following Procedural Steps

Mondaq Business Briefing... April 12, 2014 Saturday
In an important victory for health care providers, a federal district court in Illinois recently held that health plans may not simply unilaterally recover overpaid funds from health care providers, but rather must provide the appeal and other...

 

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Where the Medicare millions go; U.S. data, for the first time, gives details on who gets Part B funds. In WNY, $25.3 million went to internists; $1.9 million to a radiation oncologist.

The Buffalo News (New York)... April 10, 2014 Thursday
The biggest share of 2012 Medicare payments in Western New York went to internists, the front-line doctors for many patients, but a handful of radiation oncologists and ophthalmologists individually ranked as the most highly reimbursed doctors here....

A New Pension Plan

Intelligencer Journal/New Era (Lancaster, Pennsylvania)... April 9, 2014 Wednesday
When state lawmakers talk about pension reform, they tend to focus on the state systems. That makes sense. The State Employees' and Public School Employees' Retirement systems have $47 billion in unfunded liabilities. They are the albatrosses on the...

United States: IRS Issues Windsor Guidance For Qualified Retirement Plans

Mondaq Business Briefing... April 9, 2014 Wednesday
On April 4, 2014, the IRS released Notice 2014-19, providing guidance on the application of United States v. Windsor to qualified retirement plans. The Notice is the third significant piece of guidance issued by the IRS on the application of the...

United States: Ten Best Tips To Stay One Step Ahead Of The EEOC

Mondaq Business Briefing... April 9, 2014 Wednesday
We have always preached preventive law, that is, using our knowledge of employment law and HR practices to counsel employers how to prevent claims, charges or lawsuits from ever happening. It's far less expensive, time consuming and distracting to...

Retirees sue over pension reforms

Chattanooga Times Free Press (Tennessee)... April 9, 2014 Wednesday
A month after Chattanooga Mayor Andy Berke's milestone fire and police pension reform was approved, a group of retired officers and firefighters has challenged the legality of the changes.A class-action lawsuit filed Tuesday by four retired public...

Generational Financial Health Gap Widens as Millennials Struggle with Debt, Cash Issues, According to PwC Study

PR Newswire... April 8, 2014 Tuesday 8:55 AM EST
 The gap in financial health between generations is growing as Generation Y employees - those currently between the ages of 21 to 32 - are struggling more with debt and cash management issues, while Baby Boomer and Generation X employees'...

Telepsychiatry shows promise in new study

Winston-Salem Journal (North Carolina)... April 8, 2014 Tuesday
A study by a nonpartisan policy group, timed for release today, found that telepsychiatry is having initial success in providing more timely medical treatment to rural North Carolina residents having a behavioral health issue.Telepsychiatry uses...

Hearing to decide fate of pension plan

Winston-Salem Journal (North Carolina)... April 8, 2014 Tuesday
A hearing has been set for April 28 to determine whether a settlement agreement will stand covering pensioners in the defunct Furniture Brands International Inc.The pension plan, as of November, affected about 8,900 Furniture Brands retirees, about...

United States: HHS Extends Medicare Coverage To Same-Sex Couples

Mondaq Business Briefing... April 8, 2014 Tuesday
The U.S. Department of Health & Human Services ("HHS") announced last week that same-sex married couples can now qualify for Medicare Part A and Part B special enrollment periods and reductions in late enrollment penalties.

Depressed? Exercise may help, experts say

Deseret Morning News (Salt Lake City)... April 8, 2014 Tuesday
By Whitney EvansDeseret NewsSALT LAKE CITY - Lonely. Like a you're in a black hole. Hopeless.These are the words Cheryl Allred, 36, used to describe what her depression feels like at its worst. Most days, she says she deals with what she describes...

Number of uninsured falls below 15 percent

Spokesman Review (Spokane, WA)... April 8, 2014 Tuesday
WASHINGTON - The share of Americans without health insurance has dropped to the lowest level since before President Barack Obama took office, according to a new national survey that provides more evidence the health care law is extending coverage...

Senate passes bill containing unemployment insurance renewal

UPI... April 7, 2014 Monday 6:21 PM EST
After months of negotiating, the Senate passed the bill containing a provision to renew unemployment insurance benefits to the long-term unemployed on Monday.Passing by a vote of 59-38, it momentarily raises the hopes of more than 2 million...

Minimum-Wage Increases Gain Momentum In States Maryland, Minnesota Join Obama, Democrats see campaign issue; business says hikes will cost jobs

Investor's Business Daily... April 8, 2014 Tuesday
IBD STAFF AND WIRE REPORTSThe Maryland General Assembly on Monday approved raising the minimum wage to $10.10 by 2018, the latest in a series of state-level actions as President Obama pushes for a similar increase nationwide.

United States: Employers, Investors and Lenders Need to Understand Controlled-Group Liability

Mondaq Business Briefing... April 7, 2014 Monday
In 2013, the First Circuit sent shockwaves through the private equity industry when it held that two Sun Capital funds were "trades or businesses" under ERISA and potentially part of a controlled group that included Scott Brass, Inc. (SBI), a...

Retirement check

Spokesman Review (Spokane, WA)... April 7, 2014 Monday
Most boomers aren't financially ready to leave workforce Most boomers aren't financially ready to leave workforce By Helaine Olen McClatchy-Tribune It is, by any measure, a fantastic sum: $21.7 trillion. No, that's not the latest GDP figure. That's...

With 401(k)s, fees really do matter

The Buffalo News (New York)... April 7, 2014 Monday
You may not believe it, but there really are government forces trying to help you become better informed about your workplace retirement plan.I wonder if their efforts are in vain.The Department of Labor is moving ahead with a proposal for...

Don't have health insurance? It'll be hard to get now.

The Virginian-Pilot(Norfolk, VA.)... April 5, 2014 Saturday
By Connie Cass | The Associated PressAmericans thinking about buying health insurance on their own later this year, or maybe switching to a different insurer, are probably out of luck. The policies are going off the market as a little-noticed...

Heed These April 15 Deadlines; OK To Extend Filing; But you can't get more time for a few actions for IRAs and HSAs

Investor's Business Daily... April 7, 2014 Monday
As usual, this April 15 is the due date for last year's tax return. You can get an automatic filing extension until Oct. 15 by submitting IRS Form 4868 by the first deadline.But some things can't be extended. April 15 is a hard cutoff for the 2013...

United States: Connecticut Wins Race To Raise Minimum Wage To $10.10 Per Hour

Mondaq Business Briefing... April 4, 2014 Friday
On Wednesday, March 27, the Connecticut legislature approved a bill to make that state the first in the nation to raise the minimum wage to $10.10 per hour - the figure that President Obama proposed that Congress mandate nationally. Both houses of...

Glassdoor Survey Reveals Average American Employee Only Takes Half of Earned Vacation/Paid Time Off; 61 Percent Report Working While on Vacation; Employee Confidence Peaks: More Employees Expect a Pay Raise in Next 12 Months Than in Past Five Years as Confidence in Job Market Hits New High

Marketwired... April 3, 2014 Thursday 4:00 AM GMT
The average American employee(1) (of those who receive vacation/paid time off) reports using only half (51 percent) of his or her eligible time off in the past 12 months, according to the Glassdoor Q1 2014 Employment Confidence Survey.(2) In...

2014 ADP Annual Health Benefits Report Shows Premium Increases Decelerating

News Bites US Markets... April 4, 2014 Friday
[News Story] ROSELAND, N.J., April 3, 2014 - ADP (Registered), a leading global provider of Human Capital Management (HCM) solutions, today announced the findings of the second-annual ADP Research Institute(Registered) report, which highlights...

Survey: 5.4 Million Americans Gained Health Insurance Since September 2013

Targeted News Service... April 3, 2014 Thursday 5:07 AM EST
The Robert Wood Johnson Foundation issued the following news release:Data released today show 5.4 million U.S. adults gained health insurance since September 2013--the first available estimate of how many uninsured people acquired coverage since...

Starting Salaries Up 1.2 Percent for Class of 2014 Grads

Targeted News Service... April 3, 2014 Thursday 2:45 AM EST
The National Association of Colleges and Employers issued the following news release:The average starting salary for new college graduates earning bachelor's degrees has increased 1.2 percent over last year, according to a new report by the National...

United States: New York City Council Passes Legislation To Curtail Discrimination, Bolster Protections For Unpaid Interns

Mondaq Business Briefing... April 3, 2014 Thursday
New York City lawmakers have infused a new wrinkle into the already-polarizing debate over the use of unpaid laborers. On March 26, the City Council unanimously adopted a landmark bill extending the anti-discrimination provisions of the New York...

Milliman analysis: In 2013, pension plans with the highest equity exposure were the biggest benefactors; Interest rates rebounded, lowering plan liabilities, and investment performance exceeded expectations, raising plan asset values and making 2013 a "win-win" year

PR Newswire... April 2, 2014 Wednesday 9:00 AM EST
-- Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its 2014 Pension Funding Study, which analyzes the 100 largest US corporate pension plans. In 2013, these pension plans experienced historic...

Prime Therapeutics Study Finds Patients More Likely to Start Specialty Medications When Out-of-Pocket Costs Are Under $250

PR Newswire... April 2, 2014 Wednesday 9:00 AM EST
 Pharmacy plan members with specialty drug out-of-pocket costs (OOP) less than $250 are more likely to start taking their medication than those with higher OOP. This finding is according to a newstudypresented byPrime Therapeutics LLC(Prime) at...

Bank of America Merrill Lynch 401(k) Scorecard Finds Employees and Employers Taking Action to Improve Financial Wellness; Auto Features, Personalized Advice and Mobile Access Make Plans More Valuable and Easy to Use, Help Drive Positive Behaviors

Business Wire... April 2, 2014 Wednesday 1:00 PM GMT
According to the latest Bank of America Merrill Lynch 401(k) Wellness Scorecard , throughout 2013 employees demonstrated positive savings behaviors in their 401(k) plan1. The report reveals year-over-year trends in plan participant behaviors, along...

The PayScale Index Shows Wages Buy Less Today Than in 2006 as Real Wages Are Down Almost 8 Percent; Compensation Data and Services Provider Accurately Predicts Q1 Wage Growth of 0.2 Percent and Annual Growth of 0.7 Percent; Forecasts Similar Growth for Q2

Marketwired... April 2, 2014 Wednesday 6:00 AM GMT
Today, PayScale, Inc., the leader in cloud compensation data and software for businesses and individuals, released the Q1 2014 PayScale Index which tracks quarterly and annual trends in compensation and provides a U.S. national wage forecast for...

United States: Implementing An Alternative Work Arrangement Policy? Keep Supervisors In The Loop

Mondaq Business Briefing... April 2, 2014 Wednesday
Today, 70% of mothers and 94% of fathers with children under the age of 18 are working in the United States, and nearly 60% of families in the United States contain two working parents. It comes as no surprise, then, that the number of employees...

Health care's comeback kid; Obama exults in 7M enrollment mark

USA TODAY... April 2, 2014 Wednesday
The sharp partisan debate over the merits of President Obama's signature health care law isn't about to end.But with the president's announcement Tuesday that more than 7.1 million Americans have signed up for insurance under the Affordable Care...

Poll: DC Plan Sponsors Evaluate If Current Investment Options Achieve Participant Retirement Income Needs

Market News Publishing... April 1, 2014 Tuesday 2:55 AM PST
SEI ("SEIC-Q") - Poll: DC Plan Sponsors Evaluate If Current Investment Options - Achieve Participant Retirement Income NeedsA survey released by SEI to-day found that defined contribution (DC) plan sponsors are evaluating their current...

MCHP member health plans spent nearly $20 billion on care in 2013; $120 million invested in ACA technology; operating margin below 1 percent

PR Newswire... April 1, 2014 Tuesday 11:36 AM EST
 Health plans in Minnesota paid $19.7 billion-$54.1 million every day-for medical care on behalf of their members for doctor visits, prescription drugs, hospital stays and other covered medical services in 2013. In all, spending for care was up...

Americans Overwhelmingly Value Money over Time; Majority of Americans unwilling to forfeit salary for more free time, according to survey by Accounting Principals

PR Newswire... April 1, 2014 Tuesday 9:00 AM EST
 An overwhelming majority of Americans (79 percent) would prefer a 5 percent raise over an entire extra week of paid vacation (20 percent), according to the latest Workonomix survey from Accounting Principals. Further, according to the survey,...

Participation Rate in 401(k) Plans Greater for Men Than Women, Wells Fargo Finds; More Men Than Women Are Saving for Retirement at 10 Percent Rate

Business Wire... April 1, 2014 Tuesday 1:00 PM GMT
Wells Fargo & Company (NYSE:WFC) announced today key trends among the 4 million eligible employees for whom the firm provided an employer-sponsored 401(k) plan in 2013. In a review of data compiled from 2,036 companies where gender was...

Health sign-ups surge toward 7M; Glitches, traffic mark deadline day for Obamacare

USA TODAY... April 1, 2014 Tuesday
A surge of interest and last-minute technical glitches marked the final day of enrollment in health insurance through federal and state websites Monday, as a target once thought out of reach -- 7million enrollees -- suddenly seemed possible.Late...

American Health Strategy Project Businesses Lead the Way in Worksite Health Promotion; Employers share efforts to adopt value-based health benefit strategies

PR Newswire... March 31, 2014 Monday 7:30 AM EST
Improving health while reducing costs was a key focus for the employers who participated in the American Health Strategy Project (AHSP) according to a new report released this week by the National Business Coalition on Health (NBCH), Partnership for...

MullinTBG/PLANSPONSOR survey: higher participation, deferrals for 2014

Business Wire... March 31, 2014 Monday 1:00 PM GMT
The eighth annual MullinTBG/PLANSPONSOR Executive Benefits Survey reveals while general plan participation rates were up only slightly to 46% (from 43.9% in 2012), 30% of survey webinar registrants observed higher participation, 19% higher deferral...

A closer look at retirement plan fiduciary duties

Chicago Daily Herald... March 31, 2014 Monday
A fiduciary duty is a legal duty to act solely in another party's interests. Parties owing this duty are called fiduciaries. Retirement plan fiduciaries have several important responsibilities, including the duty to: 1) act solely in the interest of...

United States: The Value - And Peril - Of Imposing A Premium Differential On Smokers

Mondaq Business Briefing... March 31, 2014 Monday
Considerations for policies that treat smokers, non-smokers differentlyHealthcare employers have been at the forefront in educating their employees and the general public about the benefits of not smoking and in implementing smoke-free environments;...

Schwab's daughter shares retirement advice; Her father taught her strong work ethic, how to save

USA TODAY... March 31, 2014 Monday
Carrie Schwab-Pomerantz, daughter of financial services icon Charles Schwab, has an MBA, is a certified financial planner and is a senior vice president of the company that bears her father's name. But sometimes even she seeks advice when it comes...

Deadline fuels enrollments to health exchange; Interest in insurance surges as sign-up period ends at midnight today

USA TODAY... March 31, 2014 Monday
The Obama administration and its allies are making a last-minute push to persuade Americans to enroll in health insurance under the Affordable Care Act.Open enrollment ends at midnight today, and with it, the chance to avoid a penalty for not...

ObamaCare Spurs Cuts In Sick Leave For Part-Time Staff; More Macaroni & Sneeze? Sick leave is included in 30-hour threshold for law's employer mandate

Investor's Business Daily... March 31, 2014 Monday
For a trillion-dollar law devoted to public health, it's ironic that one ObamaCare side-effect may be for more food-service workers to show up to work sick.Sodexo USA, whose 100,000-plus employees provide food services at colleges and other schools...

United States: Legislation Would Effectively Prevent NLRB's Representation Election Rule From Moving Forward

Mondaq Business Briefing... March 28, 2014 Friday
As a preemptive strike against a final "ambush" representation election rule, Republican lawmakers in both chambers introduced legislation that would blunt its intended effects. In February, the National Labor Relations Board reissued its...

Plan for retirement long before the decision is made

Sarasota Herald Tribune (Florida)... March 28, 2014 Friday
To retire or not to retire: that is the question.For Baby Boomers who saw many of their parents retire comfortably at 60 or even younger, this question is becoming top-of-mind these days. And as Barbara Peters Smith pointed out in her article in the...

American Institute for Economic Research Releases Study on Affordable Care Act.

PRWeb Newswire... March 27, 2014
  Great Barrington, MA (PRWEB) March 27, 2014             The American Institute for Economic Research (AIER) has released a new study on the Affordable Care Act that finds...

Many Retirees Face April 1 Deadline To Take Required Retirement Plan Distributions

Targeted News Service... March 27, 2014 Thursday 3:56 AM EST
The U.S. Department of the Treasury's Internal Revenue Service issued the following news release:The Internal Revenue Service today reminded taxpayers who turned 70 1/2 during 2013 that in most cases they must start receiving required minimum...

Employee Well-Being Status a More Accurate Measure of Job Productivity Than Incidence of Chronic Disease; New Study Reveals the Importance of Measuring and Addressing More Than Just Employees' Physical Health When Striving to Boost Business Performance

Business Wire... March 27, 2014 Thursday 12:00 PM GMT
Findings from a new study published in the Journal of Occupational and Environmental Medicine showed that the level of employees' well-being is a more important contributor to on-the-job productivity than their chronic disease status. The study, "...

United States: Labor Secretary Discusses Persuader Rule, Overtime Regulations, OSHA Actions During House Budget Hearing

Mondaq Business Briefing... March 27, 2014 Thursday
Labor Secretary Thomas Perez fielded questions about current Department of Labor rulemaking, past sub-regulatory actions, and future agency plans during a hearing before the House Committee on Education and the Workforce to discuss the DOL's FY...

United States: Documenting Governmental Plan Investments In Group Trusts To Satisfy The Adoption Requirement In Revenue Ruling 81-100

Mondaq Business Briefing... March 27, 2014 Thursday
Investment managers use group trusts to aggregate and invest assets of unrelated pension plans. Investment strategies can be broad, and can include domestic and foreign securities. While group trusts bring efficiencies of scale to pension...

More U.S. Workers Satisfied with Finances, Confident about Retirement, Towers Watson Survey Finds; Survey reveals more workers planning to delay retirement, many beyond age 70

Business Wire... March 26, 2014 Wednesday 1:05 PM GMT
While U.S. workers are more satisfied with their financial situation now compared with five years ago, their retirement confidence still remains below levels prior to the financial crisis, according to a new survey by global professional services...

Cost-cutting spurs worries for workers; Higher health costs, lower raises cited

USA TODAY... March 27, 2014 Thursday
Cost-cutting by big companies in response to the changing business landscape has their employees worried about money.Three out of four employees of big corporations say some of their companies' recent decisions, such as increasing health care...

Half Of Uninsured Not Planning On Getting Coverage, Poll Finds

Legal Monitor Worldwide... March 26, 2014 Wednesday
With less than a week left for customers to apply for insurance through the health care marketplaces, a poll released Wednesday finds that half of the people still without health coverage intend to remain uninsured.

United States: DOL Hopes Proposed Fee Disclose Rule Will Be Useful 'Roadmap' In Difficult Terrain

Mondaq Business Briefing... March 26, 2014 Wednesday
Perhaps after reading too many voluminous, jargon-filled fee disclosure agreements, the Department of Labor became fed up and decided to take action. Last week, the DOL issued a proposed rule that would amend its final service provider fee...

New Global Survey Finds Companies Are Increasing the Use of Cash Long-Term Incentives for Employees

Business Wire... March 26, 2014 Wednesday 1:00 PM GMT
A survey released by Buck Consultants , A Xerox Company (NYSE:XRX), found a significant increase across the globe in the use of cash-based long-term incentives (LTI) as part of employee compensation programs.For example, since 2012 cash LTI awards...

United States: The Affordable Care Act: Considerations For Employers With Unionized Workers

Mondaq Business Briefing... March 25, 2014 Tuesday
The Affordable Care Act ("ACA") infuses new complexities into collective bargaining negotiations over health insurance benefits. In past years, the challenge for many employers at the bargaining table has been to control escalating health insurance...

Think Like A Justice; A Look At Issues Facing Supreme Court As It Hears Arguments In Conestoga Wood Case

Intelligencer Journal/New Era (Lancaster, Pennsylvania)... March 25, 2014 Tuesday
Staff Writerjhawkes@lnpnews.comOnly 108 men and four women have had the privilege of serving as a Supreme Court justice.They're an elite few, yes. But the big ideas they tackle shouldn't intimidate the rest of us. And that goes for the facts and law...

Vanguard Reports that the Average 401(k) Participant Invests 60% in Index Funds

Business Wire... March 25, 2014 Tuesday 3:45 PM GMT
The use of low-cost index funds by participants in Vanguard 401(k) plans rose sharply from 2004 to 2012, with the average participant now investing 60% of his or her account balance in index funds, according to a new Vanguard study. The researchers...

There's Still Time to Fund a 2013 IRA

Targeted News Service... March 25, 2014 Tuesday 10:28 PM EST
The National Association of Enrolled Agents issued the following news:Wishing you'd done more to reduce your tax burden in 2013? Many people don't realize that there's still time to fund an IRA for last year. The deadline for contributions to IRAs...

United Kingdom: Pensions Budget Update 2014

Mondaq Business Briefing... March 25, 2014 Tuesday
In briefIn yesterday's Budget the Chancellor announced radical changes to pensions. The most radical one only directly applies to defined contribution schemes or "money purchase" schemes.In more detail - the annuity requirementThe main change is...

Hobby Lobby case is far-reaching issue

Deseret Morning News (Salt Lake City)... March 24, 2014 Monday
By Mark A. KellnerDeseret NewsWASHINGTON - A legal battle over the Affordable Care Act's contraception mandate comes before the U.S. Supreme Court this week to determine whether a for-profit corporation has the same conscience rights as its...

CDHP Switch Leads to Shift in Prescription Drug Use

Targeted News Service... March 24, 2014 Monday 11:28 PM EST
Employee Benefit Research Institute issued the following news release:Do consumer-directed health plans (CDHPs) result in lower prescription drug use?Using data from a large employer that implemented a CDHP, fully replacing traditional managed-care...

GASB Declines to Delay Implementation Date of Pension Standards

Business Wire... March 24, 2014 Monday 8:30 PM GMT
The Governmental Accounting Standards Board today voted unanimously not to delay the implementation date of GASB Statement No. 68, Accounting and Financial Reporting for Pensions. The requirements of Statement 68 are effective for periods beginning...

United States: Employer Tips For Managing FMLA Compliance

Mondaq Business Briefing... March 24, 2014 Monday
Marking the 20th anniversary of the Family and Medical Leave Act, about a year ago the U.S. Department of Labor trumpeted a survey concluding that the law "continues to make a positive impact on the lives of workers without imposing an undue burden...

OBAMACARE: 42 PERCENT OF AMERICANS CAN'T EXPLAIN A DEDUCTIBLE

States News Service... March 24, 2014 Monday
The following information was released by the University of Southern California:The week before open enrollment closes for new health care exchanges, a study by researchers at the USC Schaeffer Center for Health Policy and Economics and the USC...

Leaders create paths for fulfillment at work

The Atlanta Journal-Constitution... March 23, 2014 Sunday
It's not an accident that companies in this annual survey --- and in many others --- repeat as one of the top places to work in metro Atlanta.In this year's AJC survey, organizations like Virtual Properties Realty, AutomationDirect.com, Alston &...

Staffing firms puzzled by PPACA

Legal Monitor Worldwide... March 21, 2014 Friday
Employers of all sizes and types have struggled with the implementation of the Patient Protection and Affordable Care Act. But as the health care reform law has been rolled out, few have faced bigger questions than the staffing firms that supply a...

DADS 'TAKE LITTLE PATERNITY LEAVE'

Press Association Mediapoint... March 24, 2014 Monday 12:01 AM BST
One in four new fathers don't take any paternity leave and few go beyond the statutory two week break, according to a new study.Research among almost 1,000 employees and 800 managers found that a lack of support from employers was to blame for...

Financial Health of Largest U.S. Corporate Pension Plans Improved Sharply in 2013, Towers Watson Analysis Finds

News Bites US Markets... March 21, 2014 Friday
[News Story] NEW YORK-- The financial health of corporate America's largest pension plans improved significantly in 2013 as funding improved to a level not seen since the start of the financial crisis, according to a new analysis by Towers Watson...

Health law gains a bit with young Americans

Spokesman Review (Spokane, WA)... March 21, 2014 Friday
Younger Americans' view of Obamacare improves a bit; Latinos still split WASHINGTON - As the deadline approaches for enrolling in Obamacare health coverage this year, younger Americans have warmed somewhat to the president's health care law, but...

United States: Can Your Boss Ask You If You Are Disabled?

Mondaq Business Briefing... March 20, 2014 Thursday
Surprisingly, the answer is "yes," if you work for a company that is a federal contractor, under new Labor Department regulations designed to increase the employment rate of people with disabilities (which stands at 14.3%, twice the nondisabled...

Three Things Not To Do In A Job Interview; Latest Unemployment Statistics Show Continued Tough Competition for Open Positions

PR Newswire... March 20, 2014 Thursday 7:17 AM EST
With the latest figures from theU.S. Bureau of Labor Statistics(BLS) reporting 10.5 million Americans being out of work - and new reports claiming that the actual unemployment and underemployment number could be up to 10 million higher than the BLS...

United States: The Affordable Care Act and Nonprofit Organizations: An Overview

Mondaq Business Briefing... March 19, 2014 Wednesday
Question: What are the implications of the Affordable Care Act (ACA) for nonprofit organizations? Are there any exceptions for employer-based insurance coverage for nonprofit organizations that struggle to provide for this financially? Answer: ...

Most Find Monthly Retirement Income Estimates Helpful, Unsurprising

Targeted News Service... March 19, 2014 Wednesday 11:16 PM EST
Employee Benefit Research Institute issued the following news release:How much would your 401(k) account provide as a monthly source of income in retirement?Last year the U.S. Department of Labor issued a proposal to require retirement plan...

United States: Recent Developments In Overtime Pay, Paid Family Leave And Paid Sick Time

Mondaq Business Briefing... March 19, 2014 Wednesday
Originally published by Anderson Kill Employment Law Insider Alert (March 2014)President Obama Issues Initiative to Expand Overtime PayOn March 13, 2014, President Barack Obama requested that the Labor Department issue rules that greatly expand the...

United States: DOL Proposes Amendment To Service Provider Fee Disclosure Regulation

Mondaq Business Briefing... March 19, 2014 Wednesday
Proposal would require certain service providers to furnish a separate disclosure guide.On March 11, the U.S. Department of Labor (DOL) issued a proposed amendment to its 2012 final regulations under section 408(b)(2) of the Employee Retirement...

Are Your Teeth Covered? One Third of Americans Still in Need of Affordable Dental Care Options

Marketwired... March 19, 2014 Wednesday 1:24 PM GMT
According to Healthcare.gov, the Health and Human Services arm that is in charge of the federal health exchange, more than 400,000 applications for stand-alone dental plan coverage were received through the public exchange(1). While some Americans...

Washington: Survey: One-Third of Uninsured Will Not Purchase Coverage

US Official News... March 19, 2014 Wednesday
Association of Credit and Collection Professionals has issued the following news release:With about two weeks left before the March 31 Affordable Care Act enrollment deadline, the latest Health Insurance Pulse survey from Bankrate.com shows...

Affordable Care Act: Employer Shared Responsibility Updates

PR Newswire... March 18, 2014 Tuesday 6:45 PM EST
On February 10, 2014, the Internal Revenue Service (IRS) and Treasury Department released final regulations and clarification regarding the Employer Shared Responsibility provision under the Affordable Care Act (ACA). The Employer Shared...

Judy Diamond Associates Analysis Reveals the Utilities Industry Has Experienced the Most Improvement in Retirement Preparedness Over Five Years

PR Newswire... March 18, 2014 Tuesday 1:41 PM EST
 Judy Diamond Associates, the 401k plan intelligence provider of leading financial advisors, brokers and fund companies, today released an analysis of national retirement preparedness by industry, revealing that 401k plans sponsored by the...

United States: The Affordable Care Act-Countdown To Compliance For Employers, Week 41: What Employers Need To Know About The Final Rules Issued By The Department Of Health And Human Services Relating To Transitional Reinsurance Fees, Public Exchanges, Etc.

Mondaq Business Briefing... March 18, 2014 Tuesday
The last few weeks have produced a regulatory frenzy under various provisions of the Affordable Care Act affecting employers:On February 12, the Treasury Department and the IRS issued final regulations implementing the Act's employer shared...

United States: Are You Doing What Your Plan Says You Are Doing? Consistent Plan Administration

Mondaq Business Briefing... March 18, 2014 Tuesday
Recently a client brought me in to review a defined contribution plan document given to them by a service provider to create their new plan. In the document, it makes reference to regular investment committee meetings, a benefit committee and an...

Unique Surveys Show Cash Incentives Prevalent Across Publicly-Traded, Privately-Held and Nonprofit Sectors

Targeted News Service... March 18, 2014 Tuesday 12:14 AM EST
WorldatWork issued the following news release:Research released today by WorldatWork, in conjunction with both Deloitte Consulting and Vivient Consulting, shows that a vast majority of organizations use and rely on incentive-based pay practices to...

Employee Satisfaction with Benefits Reaches Highest Level in over a Decade; MetLife's 12th Annual U.S. Employee Benefit Trends Study Reveals That Although Voluntary Strategies are Paying off, Employer Focus Appears to Have Dipped

Business Wire... March 17, 2014 Monday 1:00 PM GMT
MetLife's 12th Annual U.S. Employee Benefit Trends Study, released today, reveals that employee satisfaction with benefits reached 50% in 2013 - the highest level since the Study began over a decade ago. A full report examining these findings is...

Shocking statistic: A third have less than $1,000 saved; Most don't know what goal should be

USA TODAY... March 18, 2014 Tuesday
Most people have very little tucked away for retirement, and many aren't even trying to figure out how much they'll need later in life, a new national survey reveals.About 36% of workers have less than $1,000 in savings and investments that could be...

United States: It's Official - Employers Have 90 Days To Provide New Hires With Health Insurance

Mondaq Business Briefing... March 17, 2014 Monday
In December 2012, we reminded you that proposed regulations under the Patient Protection and Affordable Care Act (ACA) - colloquially known as "Obamacare" - sought to impose strict requirements on employers and issue penalties for noncompliance....

United States: EEOC Issues Guidance On Religious Attire And Grooming

Mondaq Business Briefing... March 17, 2014 Monday
The Equal Employment Opportunity Commission ("EEOC") recently issued publications addressing workplace rights and responsibilities with respect to religious dress and grooming under Title VII of the Civil Rights Act of 1964. The EEOC issued a fact...

United States: The Solicitor General Says There Is No Presumption Of Prudence Under ERISA

Mondaq Business Briefing... March 17, 2014 Monday
Last week, the U.S. Solicitor General filed an amicus brief in Fifth Third Bancorp v. Dudenhoeffer, a case in which the Supreme Court will decide whether fiduciaries of an employee stock ownership plan are entitled to a presumption that their...

Older Ohioans getting coverage; Baby boomers account for 36% of those using new health plans.; HEALTH CARE

Dayton Daily News (Ohio)... March 16, 2014 Sunday
With two weeks left to sign up for health insurance under the Affordable Care Act, it has become increasingly clear that many older Ohioans who lost jobs and health insurance during the recession are taking advantage of the subsidized health plans...

United States : President Obama Directs the Department of Labor to Revise the FLSA's Overtime Regulations

TendersInfo... March 15, 2014 Saturday
President Obama directed the U.S. Department of Labor ( DOL ) to issue changes to the regulations governing the Fair Labor Standards Act's ( FLSA ) overtime requirements.

United States: Final Regulations Issued Regarding Employer Reporting Requirements Under ACA

Mondaq Business Briefing... March 14, 2014 Friday
Recently issued final regulations on the employer reporting requirements under the Affordable Care Act (ACA) clarify and streamline the process for reporting information relating to the provision of minimum essential coverage and health insurance...

United States: Are You Riding The Wave? Cities And States Pass New Paid Leave Statutes

Mondaq Business Briefing... March 14, 2014 Friday
With this new year comes new resolutions and the implementation of new bills involving leave. The Family and Medical Leave Act and similar state laws give covered employees the right to take leave for addressing certain health conditions,...

United States: As If Employers Needed Another Reminder, Here Are 8.4 Million More Reasons To Get The Tip Credit Right

Mondaq Business Briefing... March 14, 2014 Friday
A couple of weeks ago, a Philadelphia based sports bar chain entered into a consent order with the U.S. Department of Labor (DOL) and filed a request with the E.D. Pennsylvania for approval of a separate settlement with individual affected employees...

Number of Children Without Health Insurance Declines, While It Rises for Working-Age Adults, Census Bureau Reports

Targeted News Service... March 13, 2014 Thursday 2:23 AM EST
The U.S. Census Bureau issued the following news release:Between 2008 and 2012, the number of children under age 19 without health insurance declined in 1,171 counties and rose in 17, with 1,950 not having a statistically significant change,...

Spring tip: Put your financial house in order

Chicago Sun-Times... March 14, 2014 Friday
Dear Readers: With the first hint of spring, you may be inspired to do a bit of cleaning, so why not apply this same energy to your financial house? It's the perfect time to see how well you're keeping your financial resolutions and clear out...

TIAA-CREF Survey Finds Americans Spend Less Time Planning their IRA Investment Than Choosing a Restaurant

Targeted News Service... March 13, 2014 Thursday 3:24 AM EST
TIAA-CREF issued the following news release:More Americans spent less time in the last year planning for an IRA investment for their retirement years than choosing a restaurant, flat screen TV or tablet, according to an annual survey by TIAA-CREF, a...

White House: Cost-sharing healthcare subsidies won't be cut

UPI... March 13, 2014 Thursday 5:51 PM EST
Obamacare subsidies aimed at reducing co-pays and other expenses for the poor will not be subject to across-the-board U.S. budget cuts, officials say.

United States: Employers: Limit FMLA Liability By Making Them Pick Only One From The Menu

Mondaq Business Briefing... March 13, 2014 Thursday
A recent federal appellate court decision illustrates how employees may limit their rights by affirmatively choosing to designate time-off as vacation time rather than as leave protected by the Family and Medical Leave Act (FMLA). In the recent...

US SECRETARY OF LABOR THOMAS E. PEREZ ANNOUNCES NEW APPOINTMENTS, LEADERSHIP FOR 2014 ERISA ADVISORY COUNCIL

States News Service... March 12, 2014 Wednesday
The following information was released by the U.S. Department of Labor:U.S. Secretary of Labor Thomas E. Perez today announced the appointments of five new members to the 2014 Advisory Council on Employee Welfare and Pension Benefit Plans, known as...

Labor Dept. wants more 401(k) plan fee disclosures

The Bismarck Tribune... March 12, 2014 Wednesday
WASHINGTON (AP) - The Labor Department on Tuesday proposed a new rule to make it easier for those with 401(k) retirement plans and their employers to locate just what fees and expenses are attached.

Pension reforms get final approval

Chattanooga Times Free Press (Tennessee)... March 12, 2014 Wednesday
Police officers and firefighters will have to contribute more to their retirement plan starting July 1 and new recruits will be subject to a retirement age with Tuesday's passage of Chattanooga Mayor Andy Berke's pension reforms.The final City...

Obama seeks to alter rules on overtime pay

International New York Times... March 13, 2014 Thursday
FULL TEXTPresident Obama will seek this week to force American businesses to pay more overtime to millions of workers, the latest move by his administration to confront corporations that have had soaring profits even as wages have stagnated.On...

Health care enrollments reach 4.2 million, but young adults remain elusive

McClatchy Washington Bureau... March 11, 2014 Tuesday
WASHINGTON _ More than 4.2 million people have signed up for coverage on the nation's health insurance marketplaces through February, but low participation from young adults and early technical problems with the website have jeopardized the...

Living longer opens doors to opportunity

USA TODAY... March 11, 2014 Tuesday
Roger Ferguson, president and CEO of TIAA-CREF, is an economist and former vice chairman of the Federal Reserve. He has been CEO of the Teachers Insurance and Annuity Association—College Retirement Equities Fund since 2008. He talked to USA...

House members, staffers enrolling in Obamacare

UPI... March 11, 2014 Tuesday 2:26 PM EST
Enrollment figures from the U.S. House chief administrative officer indicated a mostly successful effort in getting people signed up for health insurance.

Manpower Employment Outlook Survey Points to Uptick in Hiring Confidence Around the World

News Bites US Markets... March 12, 2014 Wednesday
[News Story] MILWAUKEE, Wis., March 11, 2014 -- The second-quarter 2014 Manpower Employment Outlook Survey, released today by ManpowerGroup (NYSE:MAN), indicates that the headwinds encountered in many global labor markets may be moderating amid...

Substance abuse coverage uneven; Treatment centers, insurers disagree

USA TODAY... March 11, 2014 Tuesday
Insurance plans that cover substance abuse treatment must provide the same level of care and cost sharing as they do for other medical issues, but treatment centers say disagreement over what this means leaves many alcoholics and drug addicts...

United States: Massachusetts Paid Sick Time

Mondaq Business Briefing... March 10, 2014 Monday
Rhode Island recently has followed Connecticut in mandating paid sick time, and now bills pending in Massachusetts and Vermont may spread the requirement through New England. New York and the District of Columbia also recently adopted similar...

TRADITIONAL IRAS POWERED BY ROLLOVERS; BUT LITTLE IN CONTRIBUTIONS TAX SEASON REMINDER: SAVERS CAN STILL MAKE TAX YEAR 2013 CONTRIBUTIONS TO IRAS UNTIL APRIL 15

States News Service... March 10, 2014 Monday
The following information was released by the Investment Company Institute:Traditional individual retirement accounts (IRAs) continue to be opened predominantly with rollovers from employer-sponsored retirement plans and data also show that few...

United States: IRS Replaces Long-Proposed Regulations For Calculating UBTI Of VEBAs And SUBs

Mondaq Business Briefing... March 10, 2014 Monday
Earlier this month, the Internal Revenue Service (IRS) withdrew proposed regulations (Old Regulations) for calculating the unrelated business taxable income (UBTI) of voluntary employees' beneficiary associations (VEBAs) within the meaning of...

Survey: Household savings stifled in U.S.; One-third are struggling to live within their means

The Buffalo News (New York)... March 9, 2014 Sunday

February employment numbers surprise with 175,000 jobs added

McClatchy Washington Bureau... March 7, 2014 Friday
WASHINGTON _ A better-than-expected February jobs report Friday from the Labor Department renewed expectations of economic acceleration in the months ahead and snapped a two-month lull in hiring.Employers appeared to shrug off bitter mid-February...

Gallup: Majority of uninsured say they'll get insurance

UPI... March 7, 2014 Friday 10:48 AM EST
A Gallup poll indicted 55 percent of uninsured Americans said they'd buy insurance rather than pay a fine, but views of the healthcare policy remain negative.The Gallup survey was released Friday, a day after another study indicated the Affordable...

United States: New York Assembly Passes Bill for Paid Family Leave

Mondaq Business Briefing... March 7, 2014 Friday
On March 5, 2014, the New York Assembly passed a bill to amend the state disability insurance and workers' compensation laws. The bill would require employers to obtain insurance to pay employees benefits while on "family care" leave. The bill...

United States: IRS Issues Final Employer ACA Reporting Rules

Mondaq Business Briefing... March 7, 2014 Friday
Despite the many Affordable Care Act (ACA) implementation delays, rules governing the healthcare law's various provisions have not stopped coming. On Wednesday, the IRS released two new rules related to ACA employer reporting requirements. The first...

U.S. Employers Experiencing Smallest Increases in Health Care Costs in 15 Years, Towers Watson/National Business Group on Health Survey Finds

Targeted News Service... March 6, 2014 Thursday 10:06 PM EST
The National Business Group on Health issued the following news release:The cost of providing employer-sponsored health care benefits is expected to increase 4.4% this year, a slight uptick from last year, when cost increases fell to a 15-year low,...

Companies Losing Money to the Skills Gap, According to CareerBuilder Study; Leading Companies Make Commitments to Help Reskill Workers

PR Newswire... March 6, 2014 Thursday 5:00 AM EST
 Did you know that, on average, a company loses more than $14,000 for every job that stays vacant for three months or longer?  That one in six companies loses $25,000 or more?* Considering the fact that more than half (54 percent) of...

Aon Hewitt: Year-Two Enrollment Results Show Private Health Exchanges Can Mitigate Costs and Create Greater Individual Accountability

PR Newswire... March 6, 2014 Thursday 7:34 AM EST
 As employers search for new and innovative ways to provide competitive benefits to employees, positive second year enrollment results from Aon Hewitt, the global talent, retirement and health business of Aon plc (NYSE: AON), demonstrate that...

Research shows changing attitudes to retirement

Sevenoaks Chronicle... March 6, 2014
New research has highlighted how attitudes to retirement are changing, with nearly one in four (23 per cent) people planning to retire this year saying they don't feel ready to stop working altogether.

Knowledge is Power When it Comes to Retirement Planning, Stanford Researcher Shows

Targeted News Service... March 5, 2014 Wednesday 2:27 AM EST
Stanford University issued the following news release:People save more for retirement when they use detailed retirement income projections and information, according to new Stanford research."The findings suggest that people are not perfectly...

Millennials Will Change the Workplace Culture, Here's how Employers Can Adapt

Yerepouni Daily News... March 5, 2014 Wednesday
According to a recent study from Aon Hewitt, Millennials will make up roughly 50% of the U.S. workforce by 2020. As a result, this generation is poised to change the culture of work in America. And a big part of that corporate culture shift will be...

United States: Newark Follows Jersey City To Enact Paid Sick Time Law

Mondaq Business Briefing... March 5, 2014 Wednesday
On January 29, 2014, the Mayor of Newark, New Jersey signed into law an ordinance that requires private employers to provide paid sick time to employees. With this new law, Newark joins Jersey City, which enacted an ordinance mandating paid sick...

New UBA Survey Data: Four-Tier Drug Plans and Pharmacy Co Pays Increase Dramatically in 2013, Especially for Large Employers.ID Salary

PRWeb Newswire... March 5, 2014
  Indianapolis, Indiana (PRWEB) March 05, 2014           The number of employers offering four-tier drug plans increased 11.5% from 2012 to 2013, with 27.9% of employers now using this...

MassMutual Retirement Services Data Shows Gen X and Gen Y Expressing the Right Retirement Savings Chromosomes

PR Newswire... March 5, 2014 Wednesday 9:30 AM EST
 Fourth quarter 2013 data for defined contribution (DC) plans administered byMassMutualshows that Gen X and Gen Y savers (born between 1965 and 1995) are serious about saving for retirement. According to MassMutual's data, 58.4% of total DC...

Retirement readiness grim in many states; Every state has its work cut out in one area or another

USA TODAY... March 5, 2014 Wednesday
Retirement readiness is grim across much of the country, an analysis released Tuesday shows.Nearly every state comes up short in key areas that gauge retirement readiness: anticipated retirement income, major retirement costs, such as housing and...

Fourteen Facts About Women's Risky Retirement Outlook

PR Newswire... March 4, 2014 Tuesday 3:01 AM EST
 In recognition of International Women's Day and its focus on women's social, political and economic advancement, nonprofit Transamerica Center for Retirement Studies®  (TCRS) has released a study,Fourteen Facts About Women's...

Judy Diamond Associates Announces the Ten States with the Greatest Percentage of Top 401(k) Plans

PR Newswire... March 4, 2014 Tuesday 9:00 AM EST
 Judy Diamond Associates, the 401(k) plan intelligence provider of leading financial advisors, brokers and fund companies, today released an analysis of the best states in which to have a 401(k) plan, revealing that Connecticut has the highest...

Spending and Saving Differences Surface Between Millennials, Gen Xers and Boomers in Ameriprise Financial Trade-Offs Study; Ninety-three percent of survey respondents* say they make trade-offs in order to save more, but Millennials are struggling to find a balance

Business Wire... March 4, 2014 Tuesday 12:00 PM GMT
More than half of Americans surveyed say they are saving up to an average of $185 per month by consciously cutting back on eating out, entertainment and clothing, according to the Financial Trade-Offs study released today by Ameriprise Financial...

First things first when it comes to investing; Q: If I'm in debt, should I avoid investing?

USA TODAY... March 4, 2014 Tuesday
A: Investing isn't all or nothing.It's part of a money strategy that fits in most people's overall financial plans. Most people, though, work their way up to investing once they've accumulated some savings and dealt with more pressing financial...

Despite delayed key provision, health care reform triggers benefits action among employers; Employers report impact on benefits funding, opening opportunity for voluntary benefits

Business Wire... March 3, 2014 Monday 2:00 PM GMT
With Affordable Care Act deadlines imminent in 2014 and 2015, employers are reporting the increased impact of health care reform on various aspects of employee benefits. According to Health Care Reform: Full Steam Ahead, the first in a series of...

Telecommuting Reduces Stress and Increases Productivity According to PGi Survey; Despite Several Highly Publicized Bans on Telecommuting, Telework Continues to Grow

PR Newswire... March 3, 2014 Monday 3:16 PM EST
As businesses approachTelework Week 2014, employers and employees will make commitments to increase telecommuting and productivity, while decreasing commute times and stress. A survey of U.S.-based customers and knowledge workers byPGi(NYSE: PGI), a...

UMN Study Finds Using a Treadmill While Working Can Boost Employee Productivity

Targeted News Service... March 3, 2014 Monday 3:42 AM EST
University of Minnesota issued the following news release:Walking while you work may not only improve an employee's health, it may also boost productivity, according to new research from the University of Minnesota just published in PLOS ONE.

Grand Rounds Announces 2014 Employee Benefits Landscape Report; Lowering Healthcare Costs the Leading Priority for Benefits Executives; Wellness Programs Not Affecting the Bottom Line; 88 Percent Not Tracking Employee Absenteeism

Marketwired... March 3, 2014 Monday 6:00 AM GMT
Grand Rounds, a company that delivers world-class outcomes to patients by connecting them with the top medical specialists in the country, today released its 2014 Employee Benefits Landscape Report. Through a survey of benefits executives from...

New Health Fix Offers Subsidies for Insurance Policies Bought Outside Exchanges

Legal Monitor Worldwide... March 1, 2014 Saturday
The Obama administration said Friday that it would allow some people to receive federal subsidies for health insurance purchased in the private market outside of health insurance exchanges. The sudden shift was the latest in a series of policy...

United States: City Council Expands New York City Earned Sick Time Act

Mondaq Business Briefing... March 1, 2014 Saturday
Yesterday, the New York City Council passed an amendment to the New York City Earned Sick Time Act (the "Act") expanding its coverage in several significant ways. The law, as amended, will take effect on April 1, 2014. As previously reported in our...

United States: Break Time For Nursing Mothers: A Little Known Provision Of The Affordable Care Act

Mondaq Business Briefing... February 28, 2014 Friday
In March 2010 a little known provision of the Affordable Care Act amended the Fair Labor Standard Act ("FLSA") overtime rules to require a "reasonable break time" for nursing mothers who are not exempt from overtime pay requirements to express...

Retire now? No way, more say; They need to save or they just like their jobs

USA TODAY... February 28, 2014 Friday
Americans are still putting retirement on the back burner, but not just for financial reasons, according to a new survey. Many say they need the health insurance and benefits, and half say they just enjoy their jobs.And although the numbers are down...

Julie Jason: If you work for yourself, you need a retirement plan

Ventura County Star (California)... February 28, 2014 Friday
“Hunter,” a young chiropractor who is a sole proprietor, does not have a retirement plan. Why? He’s concerned about the complexity, cost and paperwork involved. The truth is that setting up a retirement plan couldn’t be more...

Finding consensus on how to improve the ACA; Experts on both sides agree these 5 things need fixing

USA TODAY... February 28, 2014 Friday
As President Obama hosted governors from both parties at the White House on Sunday night, talk turned from how to repeal the Affordable Care Act to how best to deal with it now that it is law.As it turns out, there are several bipartisan...

Health Law's Small Co-ops Have Mixed Success So Far

Legal Monitor Worldwide... February 27, 2014 Thursday
The rented offices of HealthyCT, a new insurer in Connecticut, bustle with the energy of a start-up. The sales force takes pride in noting that HealthyCT is a truly local outfit, governed by members, rather than a for-profit behemoth like Anthem,...

United States: ERISA Retaliation Claims: Avoiding Potential Employer Pitfalls

Mondaq Business Briefing... February 27, 2014 Thursday
Most employers and human resources professionals are well aware of the various federal discrimination statutes, including Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, and the Age Discrimination in Employment Act....

USU study: 10 signs employees may exhibit before they quit

The Salt Lake Tribune... February 27, 2014 Thursday
Does the guy in the cubicle next to you always look bored, unengaged and unmotivated? Well, he might be motivated to do one thing cc-- look for another job.

TIAA-CREF Survey: One-Third of Americans Are Not Familiar with Their Retirement Plan Investment Options

Targeted News Service... February 26, 2014 Wednesday 3:38 AM EST
TIAA-CREF issued the following news release:One-third (33 percent) of Americans who participate in an employer-sponsored retirement plan say they are not familiar with the investment options in their plan, according to a survey released today by...

Mercer Workplace Survey(TM) Reveals Value of Benefits Starting to Erode

Business Wire... February 26, 2014 Wednesday 3:15 PM GMT
Mercer, the world's leading consultancy for health, wealth and talent performance announced today that while benefits remain a critical part of the overall employee experience, the perceived value of workplace benefits among employees who...

United States: Coverage of Dependents: Final Pay-Or-Play Regulations Exclude Stepchildren And Others; Extend Prior Transitional Relief

Mondaq Business Briefing... February 26, 2014 Wednesday
As previously reported, the IRS recently released final regulations on the Affordable Care Act's (ACA) employer "shared responsibility" provisions, also known as the "pay-or-play" mandate. Under the mandate, in order to avoid potential penalties, an...

New Survey Reveals Positive Link Between Healthy Employees and Companies with Strong Cultures of Health

Targeted News Service... February 25, 2014 Tuesday 12:22 AM EST
The National Business Group on Health issued the following news release:As employers explore new ways to create and maintain a healthy and productive workforce, a new survey from Aon Hewitt, the National Business Group on Health and The Futures...

United Kingdom: Electronic Cigarettes In The Workplace

Mondaq Business Briefing... February 26, 2014 Wednesday
This week, a Los Angeles City Council panel endorsed restrictions on electronic cigarettes which would prohibit their use in a range of public spaces and most workplaces. It will now be up to the full City Council to decide whether to implement the...

Need to Put Retirement Savings on the Fast Track?

Creators Syndicate... February 26, 2014 Wednesday
Dear Carrie: I'm facing my 50th birthday and am embarrassed (and a bit panicked) that I've saved very little for retirement. I have a 401(k), but there's not much in it. What should I do? Is it hopeless? A ReaderDear Reader: Your situation isn't...

Target date funds still all the rage to retirement

The Buffalo News (New York)... February 24, 2014 Monday
The popularity of target date funds in company 401(k) retirement plans shows no signs of slowing down, based on the latest data from U.S. investment companies reporting more workers using the "set-it-and-forget-it" approach to retirement investing...

Employees Value Benefits More Than Ever, According to Guardian's 2014 Workplace Benefits StudySM; As employers seek to shift costs, benefits are becoming more critical to employees' financial security

Business Wire... February 25, 2014 Tuesday 2:00 PM GMT
The Guardian Life Insurance Company of America (Guardian), one of the nation's largest mutual life insurers and a leading provider of employee benefits, today announced the results from the second annual Guardian Workplace Benefits Study SM, aimed...

Employers Remain Uncertain About Private Exchanges, HighRoads Study Finds; Participant Support, Range of Options and Compliance are Concerns

Business Wire... February 25, 2014 Tuesday 2:10 PM GMT
HighRoads , the industry leader in benefits plan management and health care compliance, today announced results from a recent employer study on health benefit delivery models. The study, which represents employers that deliver health benefits to...

 

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