BenefitsLink Health & Welfare Plans Newsletter
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[Guidance Overview]
What Employers Need to Know about Connecticut's Paid Sick Leave Law
"Although the legislation (Public Act 11–52) provides a safe harbor for covered employers that already offer other types of paid leave, such employers nonetheless may need to modify their policies and practices to ensure compliance with the legislation."
(Jackson Lewis LLP)
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Do plan changes confuse your employees? [Advert.]
No matter how savvy your employees, today’s benefits world can confuse the most sophisticated consumer. That’s why more organizations use BeneCom for benefits communication. We know what employees need to make their benefits work for them – and you.
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Wellness Program Grant Materials Contracts Awarded to Wellness Organizers/Vendors
"As announced on June 23, 2011, the 'Comprehensive Health Programs to Address Physical Activity, Nutrition, and Tobacco Use in the Workplace' is not designed to grant funds directly to employers who sponsor wellness programs, but instead to established wellness program vendors which will in turn organize and staff 24-month wellness programs among seven employer cohorts located throughout the U.S."
(E Is for ERISA)
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Benefits in General; Executive Compensation
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[Guidance Overview]
IRS Clarification of the 162(m) Deduction Requirement
"The proposed regulations clarify (i) the requirement to set forth in the plan document the maximum number of shares to which options and stock appreciation rights may be granted to each individual covered employee and (ii) the application of the transition rule to stock-based compensation for privately held corporations that become publicly held."
(Pillsbury Winthrop Shaw Pittman LLP)
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[Guidance Overview]
Ninth Circuit En Bank Expands ERISA Liability
"In the 9th Circuit, beneficiaries were limited to suing the plan and plan administrator for denial of benefits under ERISA plans. But no more. The en banc court overruled prior decisions to that effect."
(Shaw Valenza LLP)
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June 2011 Employee Benefits Update (PDF)
The newsletter includes select compliance deadlines and reminders, retirement plan developments, health and welfare plan developments, and other issues of note.
(Reinhart Boerner Van Deuren s.c.)
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After New York, New Look at Defense of Marriage Act
"[T]he first lawsuits regarding same-s.ex marriage that are likely to reach the Supreme Court challenge the Defense of Marriage Act and its effect on benefits in a more surgically focused way."
(The New York Times; free registration required)
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2011 Employee Benefits Research Report
"In 2011, 284 benefits were explored, covering the areas of health care and welfare benefits, preventive health and wellness benefits, retirement savings and planning benefits, financial and compensation benefits, leave benefits, family-friendly benefits, flexible working benefits, employee services benefits, housing and relocation benefits, and business travel benefits."
(SHRM)
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A Compact Review of SHRM's 2011 Employee Benefits Research Report
"Although the percentage of HR professionals that reported their companies have been negatively affected by the economic recession has slightly decreased over the last year, there has been a slight increase in the percentage of respondents reporting their benefits offerings have been negatively affected by the economy."
(PLANSPONSOR.COM)
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Press Releases
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