[Guidance Overview] Pennsylvania's New Mini-COBRA Law Helps Additional Workers Excerpt: "In sum, Pennsylvania's new Mini-COBRA law extends federal COBRA-like benefits to employees and dependents of small employers that in the past would have lost their rights to group medical care coverage, and permits certain employees and dependents to take full advantage of the ARRA's 65 percent COBRA premium subsidy." (Buchanan Ingersoll & Rooney PC) Wal-Mart Uses Connections to Influence Health Care Reform Excerpt: "The retailer has waded deeper than any other company into the national health care debate, spending heavily on lobbyists, forming strategic alliances with union leaders who now have access to the Obama administration and even bucking the business establishment by endorsing a requirement that all employers provide health insurance to employees." (Workforce Management; free registration required) Obesity Could Cost Texas $15.6 Billion Next Year Excerpt: "Obesity is the elephant in the room of health care reform, a public health catastrophe that kills well over 100,000 Americans a year, may cost Texas $15.6 billion next year in health care costs and lost productivity, and promises to shorten U.S. life expectancy for the first time since the Civil War. Whatever Washington does this year to try to lower medical spending almost certainly will be swamped by the nation's rising weight. Obesity lurks behind the top chronic illnesses -- heart disease, diabetes, stroke and colon, breast and prostate cancers, among many others -- whose treatments routinely cost hundreds of thousands of dollars. In two decades the obesity rate in Texas has more than doubled -- 29 percent of Texans in 2007 were obese." (The Houston Chronicle)
Links to Items on Executive Comp, Benefits in General[Guidance Overview]Corporate Governance Reform: Top 10 Suggestions to Help You Prepare for the 2010 Proxy Season Excerpt: "The NYSE has already made changes to its broker discretionary voting rules. The SEC has proposed rules addressing proxy access, executive compensation and corporate governance disclosures. Congress also has one bill that was introduced in the Senate and two bills in the U.S. House, one of which has already passed and been sent to the Senate that deals with corporate governance topics. In the next few months, companies should start thinking about how they will respond to these various proposals if they become law. [The target page presents a] top 10 list of what you can do now to begin preparing for the 2010 proxy season." (McGuireWoods LLP) Risk in Executive Compensation (PDF) 4 pages. Excerpt: "In the past, the management of risk generally was lodged in the audit committee or the full board. As a result of the current focus on the impact of incentives on behavior, compensation committees will need to evaluate executive compensation in a new light and address the age-old linkage between risk and reward." (Hay Group) 10th Annual Transamerica Retirement Survey (PDF) 134 pages. Excerpt: "Relative Importance of Various Employee Benefits[:] Employers believe health insurance is the most important benefit to employees, followed by employee-funded retirement plans, life insurance, and disability insurance. Long-term care insurance is less likely to be seen as important. Most benefits are more likely to be considered important to employees by large employers than by small employers. The exceptions are health insurance and company-funded pension plans which hold equal importance between large and small employers. Consistent with previous years, two-thirds of all employers believe pension plans are important to employees. However, since 2007 fewer large employers feel pension plans are important to their employees. Additionally, there is an increase in the percentage of large employers who are unsure of the importance of these plans." (Transamerica Center for Retirement Studies) Webcasts and ConferencesDriving New Product Innovation in Health Plans WebcastNationwide on September 15, 2009 presented by Global Media Dynamics Severance Plans Regulated by ERISA and Section 409A Webcast Nationwide on September 1, 2009 presented by Trucker Huss (Click to post your webcast or conference) Press ReleasesPBGC Protects IndyMac Bank F.S.B. Pension PlanPension Benefit Guaranty Corporation (PBGC) AmeriBen Utilizing Benefit Informatics Online Services for Client Health Plan Analysis and Reporting Benefit Informatics (Click to post your press release) Employee Benefits JobsTeam Leaderfor The Standard in ANY STATE Account Manager for The Standard in ANY STATE Defined Contribution Analyst for The Standard in ANY STATE (Click to post your job opening | View all jobs | RSS feed of all jobs )
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