Health & Welfare Plans Newsletter July 21, 2010 |
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[Guidance Overview]
Terminable-At-Will Retiree Benefit Plans Still Subject to Procedure Required under Bankrup.tcy Code
Excerpt: "The Third Circuit's decision in Visteon marks an important development for debtors and their retirees. In finding that Section 1114 applies to retiree benefit plans terminable-at-will outside of bankrup.tcy, the court gave retirees a stronger voice in their former employer's bankrup.tcy than they would otherwise have."
(Pepper Hamilton LLP)
[Guidance Overview]
Final Rules Issued on Meaningful Use, IT Certification of Electronic Health Records
Excerpt: "Requirements for meaningful use incentive payments will be implemented over a multi-year period, phasing in additional requirements that will improve performance on information technology (IT) and quality objectives over time."
(Wolters Kluwer)
[Guidance Overview]
Preventive Care Guidance for Non-Grandfathered Health Plans (PDF)
Excerpt: "It is hoped that more guidance will be forthcoming as to whether non-grandfathered plans will be required to provide reimbursement for these treatments. It would be somewhat burdensome to adjudicate these types of claims, and certain items might not be able to be covered by an employee benefit plan on a tax-favored basis."
(Buck Consultants)
Wal-Mart Sued for Limiting Employee Medical Care
Excerpt: "Wal-Mart Stores Inc. is facing a class-action lawsuit in Colorado accusing the company 'of conspiring to limit medical care for injured employees in a bid to save money,' The Wall Street Journal reports."
(Henry J. Kaiser Family Foundation)
DOL to Gather More Information About Employers' Family Leave Policies and How Workers Use Leave to Deal with Family Issues
Excerpt: "[The DOL Secretary] announced in a news release that the agency's Wage and Hour Division will conduct a Family and Medical Leave Act survey in 2011 to provide a baseline data collection of current family workplace policies and practices, as well as information on regulatory changes."
(PLANSPONSOR.com)
Employers Say Health and Productivity Management Programs Work
Excerpt: "According to the analysis, six practices -- nurse case management, transitional return-to-work . . ., health risk coaching, onsite providers, participation incentives, and weight management -- have positive impacts on at least two important health and productivity outcomes and therefore should be considered an essential part of an effective and efficient HPM program, according to the press release."
(PLANSPONSOR.com)
U.S. Chamber of Commerce to Launch Website for Businesses to Air Health Reform Grievances
Excerpt: "The business lobbying group will launch the site next Monday in Washington . . . ."
(Capitol Hill Publishing Corp.)
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Benefits in General; Executive Compensation
FAA Proposal May Affect Disclosure of Executives' Personal Use of Company Aircraft
Excerpt: "Executives likely to have personal travel disrupted by urgent business could use corporate aircraft for such trips and reimburse their companies for this expense, under a proposed Federal Aviation Administration legal interpretation."
(Mercer LLC)
New Employee Perk: Cash for Flying in Coach
Excerpt: "Airlines may not want to hear this, but at least one company that sends thousands of employees on business trips, is successfully encouraging them to fly coach instead of business class. How? By paying them half the savings in air fare."
(Thompson Publishing Group Inc.)
Webcasts and Conferences
"403(b) Plan Design Workshop" - San Francisco
in California on August 20, 2010
presented by SunGard Relius
"Cross-Tested/Safe Harbor 401(k) Plan Design Workshop" - San Francisco
in California on August 19, 2010
presented by SunGard Relius
"Cross-Tested/Safe Harbor 401(k) Plan Design Workshop" - Seattle
in Washington on August 18, 2010
presented by SunGard Relius
"EFAST2 Troubleshooting" Web Seminar
Nationwide on August 17, 2010
presented by SunGard Relius
403(b) Update
Nationwide on September 15, 2010
presented by McKay Hochman Co.
ASPPA Webcast: The New DOL Fee Disclosure Rules: What All Retirement Plan Professionals Need to Know
Nationwide on July 28, 2010
presented by ASPPA (American Society of Pension Professionals & Actuaries)
Cross-Testing Overview
Nationwide on December 10, 2010
presented by McKay Hochman Co.
Defined Benefit Prototype Plan
Nationwide on September 28, 2010
presented by McKay Hochman Co.
Ethics for Retirement Plan Professionals
Nationwide on October 6, 2010
presented by McKay Hochman Co.
Fiduciary Update for 2010
Nationwide on October 12, 2010
presented by McKay Hochman Co.
Form 1099-R and Form 5498
Nationwide on December 1, 2010
presented by McKay Hochman Co.
Fourth Quarter Update
Nationwide on November 2, 2010
presented by McKay Hochman Co.
Fourth Quarter Update
Nationwide on November 3, 2010
presented by McKay Hochman Co.
IRS 401(k) Questionnaire and Its Impact on Future Compliance
Nationwide on August 10, 2010
presented by McKay Hochman Co.
Safe Harbor 401(k)s: Design and Correction
Nationwide on September 17, 2010
presented by McKay Hochman Co.
Terminating 401(k) and Other Defined Contribution Plans
Nationwide on October 27, 2010
presented by McKay Hochman Co.
Third Quarter Update
Nationwide on August 17, 2010
presented by McKay Hochman Co.
Third Quarter Update
Nationwide on August 18, 2010
presented by McKay Hochman Co.
What a 401(k) Administrator Needs to Know About IRAs
Nationwide on August 25, 2010
presented by McKay Hochman Co.
Newly Posted Employee Benefits Jobs
Health and Benefits Legal Expert
for Mercer
in DC
Legal Professional
for Mercer
in DC
Senior Account Executive - Employee Benefits
for Summit Benefit Solutions - A Summit Financial Company
in MA
Director - Actuary for Defined Benefit Plans
for ICMA Retirement Corporation
in DC
Client Relationship Manager
for PensionTrend, Inc.
in MI
Client Service Representative (Implementations Specialist I)
for The Online 401(k)™
in CA
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