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June 7, 2011 Get Retirement News  |  Advertise  |  Unsubscribe  |  Past Issues  |  Search

In Connecticut, Paid Sick Leave for Service Workers Is Approved
"The measure covers only service workers who receive an hourly wage, an estimated 200,000 to 400,000 of them, including waiters, cashiers, fast-food cooks, hair stylists, security guards and nursing home aides. It allows each employee to earn one hour of paid sick time for every 40 hours worked, with the number of days capped at five per year." (The New York Times; free registration required)


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California Legislature Dealing with Health Insurance Rate Increase Regulation
"AB 52, if passed as currently drafted, would add California to the list of more than 30 states that directly regulate health care rate increases. ('Rate' for these purposes would include premiums, base rates, underwriting relativities, discounts, copayments, coinsurance, deductibles, and any other out–of–pocket costs.)" (E Is for ERISA)

Benefits in General; Executive Compensation

[Guidance Overview]
Modifying Options After Exercise: Good Faith Required
"A privately held company recently learned that the company's broad authority under its LTIP to modify or even cancel outstanding stock options had its limits. The result was that the company's former CFO received $5.4 mil.lion more upon exercising options than the company argued was owed." (National Association of Stock Plan Professionals via Utz, Miller & Eickman, LLC)

Press Releases

PBGC Fights to Save Harry & David Pension Plan
(Pension Benefit Guaranty Corporation (PBGC))

Delaying Retirement Past 65 No Guarantee of Households Being Able to Afford Retirement
(Employee Benefit Research Institute (EBRI))

ASPPA Requests Electronic Disclosure Default
(American Society of Pension Professionals & Actuaries (ASPPA))

Clearwater Insurance Agency Accepted into Exclusive Member Organization
(Connelly, Carlisle, Fields & Nichols)


Employee Benefits Jobs

Omni Business Analyst/Project Manager
for National Rural Electric Cooperative Association (NRECA) in VA

Manager, Benefits Finance
for DIRECTV in CA

DC Administrator — Daily Valuation Team
for Sunwest Pensions in AZ

Chief Enrolled Actuary
for Los Angeles Based HR Outsourcing Firm in CA

Post Your Job on EmployeeBenefitsJobs.com

View All Jobs

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Webcasts and Conferences

"The New Form 8955-SSA: Who, What, When, and How" Web Seminar — An Encore Presentation
Nationwide on June 23, 2011 presented by SunGard Relius

Driving Population Health for an ACO through Advanced Analytics
Nationwide on June 28, 2011 presented by MCOL

Medi–Cal: Preparing for the Waiver and Beyond
Nationwide on June 30, 2011 presented by MCOL


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Winter Park, Florida 32789
Phone (407) 644-4146
Fax (407) 644-2151

Jeanette Hull, News Editor
David Rhett Baker, J.D., Editor and Publisher
Holly Horton, Business Manager
Copyright 2011 BenefitsLink.com, Inc., but feel free to forward this newsletter in its entirety.

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