Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 29th, 2016
Benefits & Administration
An analysis of large employers on the Benefitfocus Platform found health savings account (HSA) contributions are lowest among participants who need them most. For example, manufacturing employers were the highest users of high-deductible health plans (HDHPs), but manufacturing employees contribute the least to HSAs.Read more >
PPG has entered into an agreement with both Metropolitan Life Insurance Company (MetLife) and Massachusetts Mutual Life Insurance Company (MassMutual) to provide annuity benefits to approximately 13,400 retirees in PPG’s defined benefit (DB) pension plans, representing pension obligations of $1.6 billion. PPG, a Fortune 200 company, is a global manufacturer of paints, coatings, optical products, specialty materials, glass and fiber glass, with operations in nearly 70 countries around the world.Read more >