Benefits

Benefits | May 3rd, 2010

CT Woman Claims She Was Fired over Genetics

May 3, 2010 (PLANSPONSOR.com) – A woman from Stamford, Connecticut, has filed a complaint with the state Commission on Human Rights and Opportunities, and the federal Equal Employment...

Benefits | May 3rd, 2010

15.7 Times Final Pay Needed for Retirement Readiness

May 3, 2010 (PLANSPONSOR.com) – The average U.S. employee will need 15.7 times their final pay in retirement resources to maintain their current standard of living during retirement,...

Benefits | May 3rd, 2010

Australian Employers’ Pension Contributions to Rise

May 3, 2010 (PLANSPONSOR.com) - The pension levy paid by Australian employers on behalf of their workers will rise to 12% over the next decade, Bloomberg reports.

Benefits | May 3rd, 2010

Different Courses for Public, Private Sector Pension Freezes

May 3, 2010 (PLANSPONSOR.com) – While a growing number of defined benefit plans are being frozen, the results vary widely between the public and private...

Benefits | May 3rd, 2010

TIAA-CREF Supports Guaranteed Income Options in Retirement Plans

May 3, 2010 (PLANSPONSOR.com) - In response to the Request for Information Regarding Lifetime Income Options for Participants in Retirement Plans, issued jointly by the Department of Labor...

Benefits | April 30th, 2010

Survey Suggests Gaps in Plan Sponsor Goals, Roles

April 30, 2010 (PLANSPONSOR.com) – A new survey reveals a potential disconnect between plan sponsors and plan participants.

Benefits | April 30th, 2010

Hewitt Says “Freezing” Temperaments Rising

April 30, 2010 (PLANSPONSOREurope.com) – The pace of UK pension scheme freezes is accelerating – and could double in the next twelve months, according to...

Benefits | April 30th, 2010

Comp Costs Tick Up in Q110

April 30, 2010 (PLANSPONSOR.com) – Civilian workers compensation costs were up a seasonally adjusted 0.6% in the first quarter, the U.S. Bureau of Labor Statistics (BLS) reported.

Benefits | April 30th, 2010

CT Senate Approves Workers’ Comp for Animal Attack Victims

April 30, 2010 (PLANSPONSOR.com) – Connecticut state senators have approved a bill allowing law enforcement officers to receive workers’ compensation benefits after suffering a life-threatening animal attack.

Benefits | April 30th, 2010

Mutual Funds Primarily Used for Retirement Savings

April 30, 2010 (PLANSPONSOR.com) – In 2009, 76% of mutual fund–owning households indicated that their primary financial goal for their fund investments was saving for retirement, according to...

Benefits | April 30th, 2010

Survey Finds Employers Bringing Back Laid Off Workers

April 30, 2010 (PLANSPONSOR.com) - According to an updated survey by CareerBuilder, 51% of workers who were laid off in the last three months have found new full-time...

Benefits | April 29th, 2010

Poll Find Many Still Queasy About Equities

April 29, 2010 (PLANSPONSOR.com) – A majority of Americans have a false perception of how stock market investments fared last year, and are still uneasy about investing in...

Benefits | April 29th, 2010

Trade Group Announces More Insurers To Stop Dropping Coverage for Sick

April 29, 2010 (PLANSPONSOR.com) - Health insurers will no longer revoke customers' coverage once they get sick, as part of an industrywide ban on a practice known as...

Benefits | April 29th, 2010

Salary Most Common Eligibility for Incentives

April 29, 2010 (PLANSPONSOR.com) – A new Towers Watson study of incentive plan designs shows executive-only incentive programs are now the exception rather than the rule and that...

Benefits | April 29th, 2010

U.K. Sponsors Dragging Feet in Implementing Auto-Enrollment

April 29, 2010 (PLANSPONSOR.com) - Despite the considerable preparations necessary to implement auto enrollment, only a small proportion of U.K. employers appear to have taken steps to implement...

Benefits | April 29th, 2010

Massage Parlor Didn’t Bare All about Job Requirements

April 29, 2010 (PLANSPONSOR.com) - A former employee of a massage business in Australia has been fined $1,500 after admitting to misleading jobseekers by failing to reveal they...

Benefits | April 28th, 2010

Insurer Study Finds Income Protection Important During Disability

April 27, 2010 (PLANSPONSOR.com) – Having disability income protection can help blunt the emotional and financial impacts of being laid up for an extended period, insurer MetLife said...

Benefits | April 28th, 2010

Insurers to Stop Dropping Coverage for Sick Ahead of Reform Deadline

April 28, 2010 (PLANSPONSOR.com) – UnitedHealth Group and WellPoint have said they will stop dropping health coverage for customers after they get sick, ahead of the September 23...

Benefits | April 28th, 2010

More Americans Worrying About Uncovered Med Expenses

April 27, 2010 (PLANSPONSOR.com) – A new survey finds uninsured medical expenses are frequently cited along with retirement savings as the most pressing financial concern for Americans.

Benefits | April 28th, 2010

Adult Children Annual Health Coverage Price Tag: $350K to $750K

April 27, 2010 (PLANSPONSOR.com) – New coverage available to children of employees up to age 26 under the health reform law could cost employers with 5,000 or more...