January 20, 2009 (PLANSPONSOR.com) - Citing an "extremely tough business climate in 2009," Richmond, Virginia-based Media General said in a letter to employees it will stop matching employee deferrals to its 401(k) retirement plans starting April 1.
January 20, 2009 (PLANSPONSOR.com) - Participants in defined contribution plans recordkept at Fidelity Investments have behaved much the same way as their investor brethren in plans at other firms during the current economic turmoil: they stayed the course.
January 20, 2009 (PLANSPONSOR (b)lines) - As plan sponsors consider and implement provider changes with an eye toward the new blueprint provided by the 403(b) regulations, they may encounter some unexpected obstacles in bringing together accounts from prior vendor relationships.
January 20, 2009 (PLANSPONSOR.com) - More than one-third (35%) of executives interviewed said good employees are most likely to quit their jobs because of unhappiness with management.
January 16, 2009 (PLANSPONSOR.com) - Upscale retailer Saks has joined a host of U.S. employers in suspending its 401(k) match as part of a broad $50 million to $60-million cost-cutting campaign that also includes axing about 1,100 jobs.
January 16, 2009 (PLANSPONSOR.com) - A Chicago dentist accused of sexual and religious discrimination involving 18 employees has agreed to pay $462,500 to settle a government lawsuit over the matter.
January 16, 2009 (PLANSPONSOR.com) - They say that a picture is worth a thousand words...
January 16, 2009 (PLANSPONSOR.com) - A Corpus Christi, Texas, man has filed a lawsuit claiming he was discriminated against based on his gender when he applied for a job as a server at Hooters.
January 15, 2009 (PLANSPONSOR.com) - While new Internal Revenue Service (IRS) regulations are the primary driver of recent 403(b) plan changes, hopefully sponsors have been considering changes that will also make their programs a better retirement savings vehicle for employees.
January 15, 2009 (PLANSPONSOR.com) - Economic strain and fear of losing their jobs seems to have employees shifting their focus from maximizing career advancement and incentive opportunities to securing basic pay and benefit packages, according to Towers Perrin research.
January 15, 2009 (PLANSPONSOR.com) - As employers become more flexible and business operations increasingly go global, managers find that maintaining dispersed employees and identifying ways to optimize their work is more and more a part of business.
January 15, 2009 (PLANSPONSOR.com) - While the trend may only affect less than 1% of 401(k) participants, a spike in withdrawal requests and deferral rate decreases to zero percent should still be a cause for concern for plan sponsors.
January 14, 2009 (PLANSPONSOR.com) -A recent health care survey found the majority of public sector employers are working to control costs by implementing disease management and wellness programs, instead of introducing consumer-driven health plans (CDHPs).
January 14, 2009 (PLANSPONSOR.com) - A new bulletin from Sibson Consulting summarizes new guidance in Connecticut regarding same-gender marriages, and discusses the implications for plan sponsors both in the state and out.
January 14, 2009 (PLANSPONSOR.com) - Coca-Cola Inc. has asked for regulatory approval for a plan under which it will fund its retiree health benefits through an insurance arrangement involving its in-house insurer.
January 14, 2009 (PLANSPONSOR.com) - An Atlanta-based industrial cleaning chemicals company became the latest employer to call a temporary halt to its 401(k) match in a cost-cutting drive.
January 14, 2009 (PLANSPONSOR.com) - Auto-parts supplier Visteon Corp. announced it would suspend its 401(k) match as well as its salary increases in the face of slumping sales.
January 14, 2009 (PLANSPONSOR.com) - High net worth retirees actually spend more on income taxes than on health care, according to a new survey.
January 14, 2009 (PLANSPONSOR.com) - As companies finalize their decisions related to incentive payouts for 2008 and equity awards for 2009, they are giving significant weight to examining their year-end results and the broader economic environment, according to a new Mercer survey on annual and long-term incentives.
January 14, 2009 (PLANSPONSOR.com) - A new survey released Wednesday finds Americans with deep-seated fears about how the nation's current economic turmoil will impact their retirement.