Benefits

Benefits |

Participants Paying More Attention to DB Plans

February 17, 2010 (PLANSPONSOR.com) – Mercer's outsourcing business has seen a 40% increase in participant requests for calculations of their estimated defined benefit (DB) account values in 2009...
Benefits |

CT Resort Bumps Pay, Suspends 401(k) Match

February 17, 2010 (PLANSPONSOR.com) – Foxwoods Resort Casino is suspending its 401(k) match for hourly employees to help offset a 2.5% salary hike for nonunion workers, according to...
Benefits |

Plan Sponsor Sentenced for 401(k) Theft

February 13, 2010 (PLANSPONSOR.com) – A plan sponsor charged with stealing from her company’s 401(k) plan has been sentenced to more than two years in prison.
Benefits |

Ex-Amex Travel Workers File FLSA Overtime Suit

February 11, 2010 (PLANSPONSOR.com) - A lawsuit charges that American Express Travel Related Services required customer service representatives to work unpaid overtime while booting up their computers, logging...
Benefits |

Analysis Predicts Power Shift to Employees

February 10, 2010 (PLANSPONSOR.com) – The talent mismatch, combined with multiple generations in the workforce, has accelerated the shift of power from employers to employees, and will change...
Benefits |

RK Choice Impacts Service Provider Selections

February 10, 2010 (PLANSPONSOR.com)Defined contribution plans could end up with differing plan design features and differing results depending on the choice of providers such as recordkeepers or investment...