Benefits

Benefits | December 7th, 2010

Sahara Hotel & Casino to Pay $85K to Egyptian Former Worker

December 7, 2010 (PLANSPONSOR.com) - The former and current owners of the Sahara Hotel & Casino, on the Las Vegas strip, will pay a total of $100,000 and...

Benefits | December 7th, 2010

Tax Hikes a Retirement Readiness Detriment

December 7, 2010 (PLANSPONSOR.com) – Potential tax increases will lead to a higher number of households at risk in retirement, according to a new study.

Benefits | December 7th, 2010

Minneapolis Takes Top Spot in Retirement Readiness Survey

December 7, 2010 (PLANSPONSOR.com) – Minneapolis-St. Paul residents are the best prepared for and confident about retirement, according to a new poll.

Benefits | December 7th, 2010

Oregon Government Proposes Pension Changes

December 7, 2010 (PLANSPONSOR.com) – Oregon Governor Ted Kulongoski's Reset Cabinet recommended cuts to Oregon state workers' pension plans that reportedly could result in more than $511 million...

Benefits | December 7th, 2010

Many Americans Lack Rainy Day Fund

December 7, 2010 (PLANSPONSOR.com) – Fifty-four percent of those recently polled say they couldn’t meet basic financial needs if they lost their income for 90 days or more.

Benefits | December 7th, 2010

For California Drivers, 15 is an Unlucky Number

December 7, 2010 (PLANSPONSOR.com) – If you’re driving in California next week, you might want to be especially careful.

Benefits | December 7th, 2010

IRS Audit: A 403(b) Plan Sponsor’s Experience

December 7, 2010 (PLANSPONSOR.com) - Karen Janway, Director, Benefits and Administrative Support, Presbyterian Healthcare Services, has been through three Internal Revenue Service audits and two Department of Labor...

Benefits | December 6th, 2010

Mobile Workforce Presents Data Concerns

December 6, 2010 (PLANSPONSOR.com) - A study performed by People Security under a research grant from 3M found that 67% of working professionals had worked with some type...

Benefits | December 6th, 2010

Rollover-Driven IRA Assets Still Growing Strong

December 6, 2010 (PLANSPONSOR.com) – With $4.2 trillion in assets, individual retirement accounts (IRA) accounted for more than one-quarter of all U.S. retirement wealth in the second quarter...

Benefits | December 6th, 2010

To Cut 401(k) Costs, Look at Investment Expenses

December 6, 2010 (PLANSPONSOR.com) - The average total plan cost for a small retirement plan (100 participants) is 1.33%, while the average total plan cost for a large...

Benefits | December 6th, 2010

Waco, Texas Tops Best Places for Military Retirement

December 6, 2010 (PLANSPONSOR.com) – A new survey claims that Waco, Texas it the best of the “Best Places for Military Retirement.”

Benefits | December 3rd, 2010

IL Senate Approves Reduced Pensions for New Police, Firefighters

December 3, 2010 (PLANSPONSOR.com) - The Illinois Senate has approved police and firefighter pension legislation that essentially is a trade-off between police and fire unions wanting to keep...

Benefits | December 3rd, 2010

Nearly Half of Employers Block Shopping Web Sites

December 3, 2010 (PLANSPONSOR.com) – Forty-eight percent of chief information officers (CIOs) interviewed by Robert Half Technology said they block access to online shopping sites; another 34% said...

Benefits | December 3rd, 2010

NC Commission Recommends DC Plan for Future Employees

December 3, 2010 (PLANSPONSOR.com) – A commission has recommended that North Carolina state government should offer most public employees and teachers a 401(k)-style option for their primary pension...

Benefits | December 2nd, 2010

Janitorial Services Company to Pay $3M for Hiring Bias

December 2, 2010 (PLANSPONSOR.com) - A federal magistrate judge in Chicago has entered a $3 million consent decree ending litigation by the U.S. Equal Employment Opportunity Commission (EEOC)...

Benefits | December 2nd, 2010

HCR Could Bring Workplace Health Coverage Savings

December 2, 2010 (PLANSPONSOR.com) – The new health care reform measure could potentially save employers at least $2,000 in annual premium costs by 2019, a new study contends.

Benefits | December 2nd, 2010

Security Contractor to Pay $1.6M to Settle EEOC Suit

December 2, 2010 (PLANSPONSOR.com) - Akal Security, Inc., the largest provider of contract security services to the federal government, will pay $1.62 million to a class of 26...

Benefits | December 2nd, 2010

Robbing Peter to Pay Paul?

December 1, 2010 (PLANSPONSOR.com) - Loan programs typically are positioned as an opportunity for participants to borrow from themselves and to pay themselves back with interest....

Benefits | December 1st, 2010

Retirement Industry Reps Blast Fiscal Commission Report

December 1, 2010 (PLANSPONSOR.com) – Reaction from some in the retirement services community to President Obama’s fiscal commission’s final report was decidedly negative, warning of dire consequences if...

Benefits | December 1st, 2010

Panel Recommends Cuts in Employer Health Care Tax Treatment

December 1, 2010 (PLANSPONSOR.com) – A report by President Obama’s fiscal commission, released Wednesday, recommends a higher retirement age and cutting back tax-free treatment of employer-paid health insurance.