Benefits

Benefits | May 27th, 2011

IL House Panel Approves Choice in Public Sector Pensions

May 27, 2011 (PLANSPONSOR.com) - The Illinois House Personnel and Pensions Committee approved legislation that would give existing teachers and state employees a choice of three retirement plans...

Benefits | May 27th, 2011

TEXPERS Survey Finds Support for DB Plans

May 27, 2011 (PLANSPONSOR.com) – A survey commissioned by the Texas Association of Public Employee Retirement Systems found Texas voters who are 401(k) holders view defined benefit retirement...

Benefits | May 27th, 2011

Comparing Year-over-Year 403(b) Plan Stats

May 27, 2011 (PLANSPONSOR.com) – Comparing the results of the 2010 and 2011 403(b) Plan Surveys from the Profit Sharing/401k Council of America (PSCA) reveals some interesting differences.

Benefits | May 26th, 2011

Income Differences for CDHP and non-CDHP Enrollees Narrows

May 26, 2011 (PLANSPONSOR.com) - In the 10 years that consumer-driven health plans (CDHPs) have existed they have tended to attract participants who are better educated, healthier, and...

Benefits | May 26th, 2011

Survey Finds Baby Boomers Least Favored Coworkers

May 26, 2011 (PLANSPONSOR.com) - A new survey has revealed that baby boomers are the colleagues that employees least want to work with.

Benefits | May 26th, 2011

CT Senate Approves Paid Sick Leave Bill

May 26, 2011 (PLANSPONSOR.com) - The Connecticut State Senate has approved a statewide mandate that would require Connecticut service companies with 50 or more workers to provide paid...

Benefits | May 26th, 2011

Pre-Retirees Open to Retirement Income Products

May 26, 2011 (PLANSPONSOR.com) - Only 55% of Americans planning to retire in the next seven years are confident in their ability to generate a suitable retirement income,...

Benefits | May 25th, 2011

Parents Get In on the Job Search

May 25, 2011 (PLANSPONSOR.com) – A new OfficeTeam survey finds some parents take “helping” too far and can hurt their children’s chances for getting a job.

Benefits | May 25th, 2011

A Quarter of Workers Can’t Afford Vacation

May 25, 2011 (PLANSPONSOR.com) - A recent study from CareerBuilder finds 24% of full-time workers report they can’t afford to take a vacation in 2011, up from 21%...

Benefits | May 25th, 2011

Mercer Survey Helps Define “Typcial” Health Plan

May 25, 2011 (PLANSPONSOR.com) - To help employers make informed decisions and reasonable interpretations of the scope of benefits offered in a “typical” plan to comply with provisions...

Benefits | May 25th, 2011

More Employers Embrace Voluntary Benefits

May 25, 2011 (PLANSPONSOR.com) – A LIMRA study found that overall voluntary benefits penetration improved across the board during the recession, but growth was brighter with mid-size employers...

Benefits | May 25th, 2011

Buffalo Bills Halt 401(k) Plan Contributions

May 25, 2011 (PLANSPONSOR.com) - The Buffalo Bills have stopped paying into the 401(k) plan for all employees during the NFL lockout and potentially the rest of the...

Benefits | May 24th, 2011

A Third of Companies Don’t Have Management Succession Plans

May 24, 2011 (PLANSPONSOR.com) - According to a new CareerBuilder survey, nearly one-third (31%) of companies with more than 1,000 employees said they don’t currently have a succession...

Benefits | May 24th, 2011

Firm Settles Suit over Mandatory Retirement Policy

May 24, 2011 (PLANSPONSOR.com) - Asian World of Martial Arts, Inc., a mail and retail distributor of martial arts supplies based in Philadelphia, will pay $100,000 and provide...

Benefits | May 24th, 2011

Public Pensions Using Various Methods to Improve Funding

May 24, 2011 (PLANSPONSOR.com) – A report from the Center for Retirement Research at Boston College says during 2010, the funded status of public plans fell from 79%...

Benefits | May 24th, 2011

Offering Annuities May Help with Workforce Planning

May 24, 2011 (PLANSPONSOR.com) – A new Mercer Perspectives report suggests that the most compelling incentive for plan sponsors to offer annuity investment options within defined contribution plans...

Benefits | May 24th, 2011

Auto Enrollment Boosts Participation, Hurts Contribution Rates

May 24, 2011 (PLANSPONSOR.com) - An Aon Hewitt study found that participation in defined contribution (DC) plans has reached a record high of 75.8% among eligible employees.

Benefits | May 24th, 2011

Adviser Opportunity in 403(b) Market Still Big

May 24, 2011 (PLANSPONSOR.com) – Speaking on results of the latest 403(b) plan sponsor survey from the Profit Sharing/401k Council of America, Aaron Friedman, national practice leader for...

Benefits | May 23rd, 2011

Mercer Expects Move to Defined Contribution Design for Health Care

May 23, 2011 (PLANSPONSOR.com) – A new Mercer Perspectives report says that while most employers will continue to offer health benefits to active employees, some are likely to...

Benefits | May 23rd, 2011

Collaboration and Social Tools Drain Business Productivity

May 23, 2011 (PLANSPONSOR.com) - The proliferation of collaboration and social tools designed to increase productivity is actually costing businesses millions of dollars per year in lost productivity,...

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