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April 21, 2011 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

[Guidance Overview]
DOL Prepares to Implement Automatic Enrollment Requirements for Group Health Plans
"Health Care Reform requirements on automatically enrolling newly-eligible, full-time employees in the employer's group health plan didn't specify an effective date. Read this article to learn what the DOL is doing to prepare." (Miller, Johnson, Snell & Cummiskey C.L.P.)


Employee Benefits Producer Training Program [Advert.]

Sponsored by International Foundation

Co-sponsored by the International Foundation and The National Alliance, this program is a must-attend for those who want to succeed as employee benefits sales professionals. Plan now to attend this two-week course in September in Fort Worth Texas.


[Guidance Overview]
Reporting the Cost of Health Care Coverage on the W-2 (PDF)
"The cost of coverage will be equal to the COBRA rate (less any 2 percent administrative charge) for self-insured plans or the insurance premium rate for insured plans, in each case for the coverage tier (e.g., employee only, employee plus spouse, family, etc.) in which the employee participates." (Vedder Price P.C.)

2010 ERISA Advisory Council Report on Health Care Literacy
"The Council studied Health Care Literacy and heard testimony supporting the proposition that better health literacy will improve health outcomes. The Council developed . . . recommendations that it believes will improve health care literacy." (U.S. Department of Labor, Advisory Council on Employee Welfare and Pension Benefit Plans)

HHS Launches National Partnership for Patients to Improve Care and Lower Costs
"The project will help save 60,000 lives by stopping millions of preventable injuries and complications in patient care over the next three years." (Wolters Kluwer Law & Business)

Guidance on Uniform Health Plan Summaries Expected Soon
"Regulators are finishing up the guidance -- originally due last month -- after reviewing NAIC-drafted sample summaries for insured plans." (Mercer LLC)

New Partnership Brings Subway to Free Worksite Lunch-and-Learns
"[Subway] has partnered with workplace wellness vendor Clique to provide onsite lunch & learns for employers." (Employee Benefit News; free registration required)

Benefits in General; Executive Compensation

[Guidance Overview]
Intermediate Sanctions and Executive Compensation: A Quick Refresher
"[Recently] the IRS has signaled its intention to pay closer attention to the compensation and benefits paid to executives in exempt organizations, and the well publicized enhancements to the compensation disclosure requirements on Form 990 give the IRS plenty of information to work with. With this in mind, we wanted to offer a brief review of the so-called 'intermediate sanctions' rules and a refresher on the simple process that tax-exempt employers should follow when setting compensation and benefits packages for executives." (Verrill Dana, LLP)

2010 ERISA Advisory Council Report on Employee Benefit Plan Auditing and Financial Reporting Models
"The . . . Council studied Employee Benefit Plan Auditing and Financial Reporting Models. . . . An examination of current audit requirements and reporting models, and concerns about how they are implemented and applied, led to a focus on three topics and recommendations on each." (U.S. Department of Labor, Advisory Council on Employee Welfare and Pension Benefit Plans)

[Opinion]
Say on Pay - Now Come the Lawsuits?
"An unfortunate development in the new world of Shareholder Say on Pay, which I hope does not become a trend, is the filing of a shareholder derivative strike lawsuits against members of the Board, the Compensation Committee, and even the compensation consultants of the companies that receive a majority 'Against' vote on their Say on Pay resolution (that is, they lose the vote)." (Michael S. Melbinger via Winston & Strawn LLP)

Press Releases

The Employee Benefits Security Administration is presenting a Free HIPAA and Other Health Benefits Laws: Compliance Assistance Seminar -- June 7-8, 2011 in Dover, DE.

Pre-registration is required and seats are allocated based on a first-come basis.

Presented by DOL, EBSA [Advert.]

Employee Benefits Jobs

Outside Sales Professional
for Equity Opportunity for a Top Producer in MA

ITS Relationship Manager 2
for Wells Fargo in FL

Operations Manager 5
for Wells Fargo in MN, NC

Post Your Job on EmployeeBenefitsJobs.com

View All Jobs

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Webcasts and Conferences

401(k) Rekon Advisor Symposium - Minneapolis
in Minnesota on May 12, 2011 presented by 401(k) Rekon

403(b) Update
Nationwide on July 13, 2011 presented by McKay Hochman Co., Inc.

New Regulations - Strategic Implications for ACO Operations
in California on June 15, 2011 presented by MCOL

Strategic Actuarial Issues and Implications for Health Insurance Exchanges
in California on May 25, 2011 presented by MCOL

WEB Chicago Chapter Meeting - Hottest Benefit Issues of 2011
in Illinois on April 27, 2011 presented by WEB

What a 401(k) Administrator Needs to Know About IRAs
Nationwide on July 20, 2011 presented by McKay Hochman Co., Inc.


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David Rhett Baker, J.D., Editor and Publisher
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