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May 5, 2011 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

[Guidance Overview]
Dramatic Increases in HIPAA Privacy and Security Enforcement
"Health and Human Services' (HHS) Office for Civil Rights (OCR) has sent a strong message about its commitment to enforcement of the HIPAA Privacy and Security Rules by announcing two HIPAA Privacy Rule enforcements within one week, one of which includes the first ever use of civil monetary penalties for a HIPAA Privacy Rule violation." (Fisher & Phillips LLP)


Long Awaited Regulations on Americans with Disabilities Act [Advert.]

Sponsored by International Foundation (IFEBP)

Final regulations to implement the ADAAA have been issued. These long-awaited regs become effective May 24, 2011 and will significantly impact benefits professionals nationwide. Register now for this May 12 Webcast to find out what you need to know!


[Guidance Overview]
Implementation FAQ Provides Further Guidance on Grandfathered Health Plans
"The new implementation FAQ addresses six issues relating to the preservation of grandfathered status." (Faegre & Benson LLP)

Powerful Business Group Says Connecticut Bill for Paid Sick Leave Would Be Too Expensive for Business
"The bill's most outspoken opponents come from the Connecticut Business and Industry Association." (New Mass. Media, Inc.)

Workers Clueless About Retirement Health Care Costs
"A Sun Life Financial Unretirement Survey suggests that over nine in ten American workers either have no idea what their health care costs are likely to be in retirement, or underestimate those costs when compared to conservative industry estimates." (PLANSPONSOR.COM)

Health Care Reform Update, May 2, 2011 (PDF)
Read this week's update on health care reform legislation, regulations, and initiatives. (ML Strategies, LLC)

Benefits in General; Executive Compensation

[Guidance Overview]
National Education Association's Endorsement, Aggressive Marketing of Tax-Sheltered Annuities Did Not Create an ERISA Plan
"As a result, the appellate court upheld the dismissal of an employees' lawsuit against the union. The employees 'have only themselves to blame for trying to fit the square peg of defendants' alleged misconduct into the round hole of an ERISA suit,' suggesting that these annuity contracts are not regulated by ERISA but by the securities laws . . . ." (Wolters Kluwer Law & Business)

Majority of Seniors Fear Public Policy Will Derail Their Retirement Plans
"More than half of retirees ages 55 to 79 fear that changes to the Medicare and Social Security programs, as well as increases in taxes, will affect their ability to afford retirement, according to new LIMRA research . . . ." (Wolters Kluwer Law & Business)

[Opinion]
Real-World Example of the Nuances of Clawback Provisions
"Clawing-back ill-gotten gains sounds like a no-brainer -- until you get into the details. Anyone who has guided a Board or Compensation Committee through the process of designing and adopting a clawback provision (or a definition of 'For Cause' termination) recognizes that there is a lot of gray area out there." (Michael S. Melbinger via Winston & Strawn LLP)

Employee Benefits Jobs

Account Manager for Self-Funded Employer Groups
for BenefitMD in WA

Senior Employee Benefit Consultant
for Plante & Moran, PLLC in MI, OH

Inside Sales Associate
for Financial Engines in AZ

Senior Marketing Communications Associate - Defined Contributions Market
for Security Benefit in KS

Participant Counselor
for Diversified in GA

Account Manager - TPA/Insurance
for Healthcare Management Administrators in OR

Post Your Job on EmployeeBenefitsJobs.com

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Webcasts and Conferences

2011 New England Fiduciary Summit
in Massachusetts on June 9, 2011 presented by Xponential Growth Solutions

2011 Second Quarter Update
Nationwide on May 17, 2011 presented by McKay Hochman Co., Inc.

2011 Second Quarter Update
Nationwide on May 18, 2011 presented by McKay Hochman Co., Inc.

2nd Annual 401(k) Fiduciary Fiesta
in Arizona on May 18, 2011 presented by Xponential Growth Solutions

Qualified Default Investment Alternative
Nationwide on May 20, 2011 presented by McKay Hochman Co., Inc.


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

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