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April 27, 2011 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

[Guidance Overview]
How Will the 'Cadillac Tax' Impact Your OPEB Plan?
"If your plan is self-insured, then you are the coverage provider paying the tax. You will need to decide whether to reduce benefits to avoid the tax or how the additional cost will be allocated by you and/or the participants." (Van Iwaarden Associates)


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Sponsored by International Foundation

The International Foundationís Washington Legislative Update offers a chance to communicate with government officials and get answers on recent and proposed legislation. Donít miss the special Town Hall Meeting on retirement security! Register Today.


[Guidance Overview]
Military Launches Health Care Option for Adult Children
"An interim final rule published in Wednesday's Federal Register establishes the TRICARE Young Adult Program, a provision in the fiscal 2011 Defense Authorization Act. The new program gives unmarried dependents who don't have their own employer-based insurance the option of buying month-to-month health coverage until age 26 . . . ." (Government Executive)

[Guidance Overview]
New Claim List Functionality Available, ERRP Announced
"Plan sponsors are now able to complete claim list setup in the Early Retiree Reinsurance Program (ERRP) Secure Website (SWS) and submit claim lists via either the ERRP SWS or the plan sponsor's or specified vendor's mainframe to the ERRP mainframe." (Wolters Kluwer Law & Business)

[Guidance Overview]
Employer's Right to Privately Settle Past FMLA Claims Affirmed by Fourth Circuit (PDF)
"In a recent unpublished decision, the Fourth Circuit confirmed that the DOL's revised regulations supersede Taylor. Specifically, in Whiting v. Johns Hopkins Hospital, the appellate court affirmed the enforcement of a private release signed by plaintiff in 2007 and the granting of summary judgment to the employer on plaintiff's FMLA claim." (Littler Mendelson P.C.)

Realizing Health Reform's Potential: Will the Affordable Care Act Make Health Insurance Affordable?
"Using a budget-based approach to measuring affordability, this issue brief explores whether the subsidies available through the Affordable Care Act are enough to make health insurance affordable for low-income families." (The Commonwealth Fund)

Dental and Vision Benefits Under PPACA
"Do the PPACA insurance market reforms apply to dental and vision benefits?" (PLANSPONSOR.COM)

Innovations in Employment-Based Health Benefits (PDF)
"Nearly a hundred health policy experts, senior private-sector HR representatives, and insurance and health officials examined some innovative employer-driven programs during a daylong policy forum held by [EBRI]. . . . This article summarizes the presentations and debate during that forum." (Employee Benefit Research Institute)

Benefits in General; Executive Compensation

[Guidance Overview]
Federal Regulators Propose Rules on Incentive-Based Compensation Arrangements (PDF)
"The Dodd-Frank Wall Street Reform and Consumer Protection Act charged federal regulators with prescribing regulations or guidelines on incentive-based compensation practices at covered financial institutions." (Buck Consultants, LLC)

[Guidance Overview]
Claims for Administrative Record and Statutory Penalties Advance Over Challenge
"The plaintiffs in this case argue that the defendants failed to produce documents in derogation of their duties under the DOL claims regulation. The claims regulation embodies a sort of 'due process' for benefit claimants pursuant to 29 U.S.C. § 1133 which states . . . ." (Roy Harmon III / Health Plan Law)

Press Releases

Innovations in Employment-Based Health Benefits
(Employee Benefit Research Institute (EBRI))

Worker Attitudes Toward Retirement Savings Needs
(Employee Benefit Research Institute (EBRI))

Aon Hewitt Establishes a Health Care Exchange for Corporate Clients
(Aon Corporation)

US Labor Department Seeks Public Comments On Electronic Disclosure By Employee Benefit Plans.

Comments are due by June 6, 2011. For more information, please Click Here.

Presented by U.S. Department of Labor [Advert.]


Employee Benefits Jobs

Retirement Plan Administrator
for RSM McGladrey, Inc. in MD

Consultant
for Leon E. Werntz and Associates, Inc. in OK

Pension Administrator
for GF Pension Corp. in PA

Retirement Plan Service Specialist
for Retirement Alliance, Inc. in NH

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David Rhett Baker, J.D., Editor and Publisher
dbaker@benefitslink.com

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