Benefits

Benefits | May 17th, 2011

Johns Hopkins University Starts Comprehensive Benefits Review

May 17, 2011 (PLANSPONSOR.com) – Johns Hopkins University has embarked on a comprehensive review of its benefits package with the aim of reducing costs by $15 million annually.

Benefits | May 16th, 2011

Workforce Health a Higher Priority for Multinationals

May 16, 2011 (PLANSPONSOR.com) - Faced with rising health care costs and a growing concern over the health of their employees, a vast majority of multinational organizations plan...

Benefits | May 13th, 2011

Keller Rohrback Launches Another ERISA Investigation

May 13, 2011 (PLANSPONSOR.com) - Keller Rohrback L.L.P. says that it is investigating several life insurance companies for potential violations of various state consumer protection...

Benefits | May 13th, 2011

Disney Aligns Pensions, Drops DB Plan for New Hires

May 13, 2011 (PLANSPONSOR.com) – The Walt Disney Company is combining its two separate pension plans and will only offer a 401(k) plan to employees hired after December...

Benefits | May 13th, 2011

Social Security Assets to be Adequate for Next 10 Years

May 13, 2011 (PLANSPONSOR.com) - The assets of the Old Age and Survivors Insurance Trust Fund and of the combined OASI and Disability Insurance Trust Funds are projected...

Benefits | May 13th, 2011

BofA Merrill Lynch Faces Religious Bias Suit

May 13, 2011 (PLANSPONSOR.com) - A former Merrill Lynch branch manager has accused the firm of discriminating against him for being a member of the Church of Jesus...

Benefits | May 13th, 2011

Higher Retirement Age not All That’s Needed to Address Longevity

May 13, 2011 (PLANSPONSOR.com) - Recent reforms will still be insufficient to cover increased pension costs in the future, despite increases in retirement ages in half of Organisation...

Benefits | May 13th, 2011

Detroit Mayor Wants Switch to 403(b)s

May 13, 2011 (PLANSPONSOR.com) - Facing a $155-million deficit and the prospect of the state appointing an emergency financial manager, Detroit Mayor Dave Bing has unveiled the details...

Benefits | May 12th, 2011

CalPERS Responds to Pension Reform Proposal

May 12, 2011 (PLANSPONSOR.com) – The California Public Employees Retirement System (CalPERS) says a preliminary review of a pension reform proposal by the California Foundation for Fiscal Responsibility...

Benefits | May 12th, 2011

Employees Still Struggling with Waistlines

May 12, 2011 (PLANSPONSOR.com) – Eighteen percent of workers report they’ve lost weight in their current jobs, compared to 16% who said the same last year, according to...

Benefits | May 12th, 2011

Female Canadian Workers Report Workplace Disparities

May 12, 2011 (PLANSPONSOR.com) - A new study from CareerBuilder.ca shows perceptions of unequal pay and career advancement opportunities in the workplace still exist.

Benefits | May 12th, 2011

Employees’ Share of Health Costs at All-Time High

May 12, 2011 (PLANSPONSOR.com) – The annual Milliman Medical Index found total health care cost for a family of four covered by a preferred provider organization plan in...

Benefits | May 12th, 2011

Mercer Provides Tips for Improving DB Administration

May 12, 2011 (PLANSPONSOR.com) – Mercer has developed a checklist to help defined benefit (DB) plan sponsors address challenges they are facing in today’s environment.

Benefits | May 12th, 2011

Employers Refocusing on Recruiting and Retaining Talent

May 12, 2011 (PLANSPONSOR.com) - With the employment outlook improving, employers are focusing their compensation programs on hiring and retaining top talent, according to a survey by Buck...

Benefits | May 12th, 2011

Former Mets Employee Steals Souvenirs to Fund Retirement

May 12, 2011 (PLANSPONSOR.com) - The New York Mets longtime clubhouse manager amassed a secret hoard of memorabilia that he intended to use to fund his retirement, prosecutors...

Benefits | May 12th, 2011

CA Court Rules for Disclosing Public Pension Amounts

May 12, 2011 (PLANSPONSOR.com) – A California state appeals court ruled that the public has the right to learn the level of pension benefits that each retired county...

Benefits | May 11th, 2011

More Participants Staying Put in Retirement Plans

May 11, 2011 (PLANSPONSOR.com) – The share of defined contribution plan participants that stopped making contributions in 2010 was significantly lower than the share that stopped contributing in...

Benefits | May 11th, 2011

Glassdoor Survey Reveals Top Companies for Work-Life Balance

May 11, 2011 (PLANSPONSOR.com) - The majority of employees (54%) report good work-life balance, while 43% wish they had better work-life balance, according to a recent survey conducted...

Benefits | May 11th, 2011

60% of U.S. Corporate DB Plans Closed to New Hires

May 11, 2011 (PLANSPONSOR.com) - A new gauge from SEI that will provide updated statistics on the state of plan design for U.S. corporate defined benefit plans finds...

Benefits | May 11th, 2011

Senior Execs Planning to Move, but not Move Up

May 11, 2011 (PLANSPONSOR.com) - The BlueSteps 2011 Executive Mobility Report shows that 73% of employed senior executives are actively seeking new job opportunities this year, but the...