Benefits

Benefits | April 27th, 2010

MA House OKs Pension Change Measure

April 27, 2010 (PLANSPONSOR.com) – A bill that sailed through the Massachusetts House of Representatives on a unanimous vote would give cities and towns in the state until 2040...

Benefits | April 27th, 2010

Cost of In-home Care Rising Slower than Other Options

April 27, 2010 (PLANSPONSOR.com) - While long-term care costs continue to rise nationally, the cost for in-home care is rising at a much slower pace, according to Genworth’s...

Benefits | April 27th, 2010

Redskins to Freeze DB Accounts for Non-Coach, Player Employees

April 27, 2010 (PLANSPONSOR.com) – The Washington Redskins football organization will freeze defined benefit pension accounts for non-player/coach personnel, but will continue in the league's 401(k), which includes an employer...

Benefits | April 27th, 2010

New York Life Revived as Delaware 403(b) Vendor

April 27, 2010 (PLANSPONSOR.com) - A decision to partly revive New York Life's status as a 403(b) vendor will help about 100 state employees in Delaware avoid the...

Benefits | April 26th, 2010

Police, Firefighters Sue Over NJ Pension Changes

April 26, 2010 (PLANSPONSOR.com) – New Jersey police and firefighter unions have taken the state to court over new pension reforms recently signed into law by Governor Chris...

Benefits | April 26th, 2010

Law Firms File ERISA Class Action Against Lutheran Publishers

April 26, 2010 (PLANSPONSOR.com) – A pair of litigators have teamed up to bring an ERISA class action suit against the Publishing House of the Evangelical...

Benefits | April 23rd, 2010

CMS Report Says 1.4M Fewer Americans to be in Employer Health Plans

April 23, 2010 (PLANSPONSOR.com) – A Centers for Medicare & Medicaid Services (CMS) report on the new health care reform law released Friday by a U.S. House Republican...

Benefits | April 23rd, 2010

Companies Tightening Social Networking Policies

April 23, 2010 (PLANSPONSOR.com) - Many companies are tightening their grip on how employees use social networking sites at work, according to a survey developed by Robert Half...

Benefits | April 23rd, 2010

Jamaica Tourism Ministry Pushing for Worker Pensions

April 23, 2010 (PLANSPONSOR.com) – The Jamaica Ministry of Tourism is developing a pension scheme policy to ensure that workers have adequate financial security in retirement.

Benefits | April 23rd, 2010

FL Hospital Freezes DB Program

April 23, 2010 (PLANSPONSOR.com) – A large North Florida hospital system has announced plans to freeze its defined benefit pension plan for the 2,300 employees still eligible.

Benefits | April 23rd, 2010

Institute Suggests Canadian Pension Changes

April 23, 2010 (PLANSPONSOR.com) – Canadians should be able to decide when they begin withdrawing money from their retirement accounts to give them flexibility to work longer...

Benefits | April 23rd, 2010

MS Proposal Would Increase State Worker Contributions to Pensions

April 23, 2010 (PLANSPONSOR.com) – Mississippi Governor Haley Barbour called a special legislative session this week to consider a proposed change in the state employees retirement system that...

Benefits | April 23rd, 2010

Retirement: The Worry Felt 'round the World

April 23, 2010 (PLANSPONSOR.com) - The HSBC Global Pulse survey found the top three financial worries are the same for citizens around the globe: taxes, wealth preservation, and...

Benefits | April 22nd, 2010

CBO Says Four Million Likely to Pay Penalty for Being Uninsured

April 22, 2010 (PLANSPONSOR.com) – The Congressional Budget Office estimates that in total, about four million people are projected to pay a penalty provided for in the new...

Benefits | April 22nd, 2010

Schwarzenegger Backs CA Pension Reform Measure

April 22, 2010 (PLANSPONSOR.com) – California Governor Arnold Schwarzenegger has thrown his support behind a new state Senate measure, which backers say is estimated to save the cash-strapped...

Benefits | April 22nd, 2010

Economy Drove Employee Relocations in 2009

April 22, 2010 (PLANSPONSOR.com) - For the first time since 2003, a lack of qualified talent locally was not the biggest influence on corporate relocations in 2009, according...

Benefits | April 22nd, 2010

Baby Boomers Express Worry about Caregiving Affecting Work

April 22, 2010 (PLANSPONSOR.com) - The demands of balancing a full-time job and caring for a family member are a major source of stress for many Baby Boomers...

Benefits | April 21st, 2010

Supporting Grown Kids Competes with Retirement Plans for Some

April 21, 2010 (PLANSPONSOR.com) – More than four-in-ten so-called “sandwich generation” parents (41%) continue to provide at least some financial support to their young adult children, according to...

Benefits | April 21st, 2010

Orange County Pension Hit by Data Glitch

April 21, 2010 (PLANSPONSOR.com) – A data-collection glitch at the Orange County Employees Retirement System (OCERS) has resulted in the program’s unfunded liability being underestimated by $228 million.

Benefits | April 21st, 2010

Networking Still Helps Some on Job Hunt

April 21, 2010 (PLANSPONSOR.com) – Some 46% of workers over 50 years old participating in a recent study said networking continues to be important for those job seekers...